Nairobi, Oct. 25 -- The Treasury has committed to uncovering secret owners of companies as part of measures to exit the money laundering blacklist and boost the country's economic turnaround.

The plan, outlined in the draft 2027 Budget Policy Statement, seeks to improve beneficial ownership transparency, helping authorities identify the individuals who ultimately own or control companies and trace suspicious financial transactions.

Published by HT Digital Content Services with permission from Business Daily....