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News
The hidden cost of tax complexity for Kenya????s SMEs
5+ day, 23+ hour ago (939+ words) Sponsored by 3A CPA LLP CPA Abdulsamad Ahmed Ali. By CPA Abdulsamad Ahmed Ali Kenya’s small and medium-sized enterprises (SMEs) are often described as the backbone of our economy. They create employment, support households, drive innovation, and provide livelihoods across almost…...
How to solve your value chain data challenge for sustainability reporting
6+ day, 17+ hour ago (231+ words) One important feature of sustainability reporting is the reporting boundary. It remains one of the fundamental and most defining concepts in non-financial reporting. Since impact reporting often extends beyond the reporting organisation itself to include partners across the organisation's value…...
KRA already knows more about your business than you think
6+ day, 17+ hour ago (573+ words) Times Tower in Nairobi, the headquarters of the Kenya Revenue Authority (KRA). For years, tax compliance in Kenya followed a relatively familiar script. A business could keep its books, prepare its tax computations, file its returns and pay whatever tax…...
What collective assumptions hold back your firm’s success?
1+ week, 3+ day ago (645+ words) By David J. Abbott “Business performance is often not limited by what managers know. The problem is how they think about what they know,” advises the psychologist Jamil Qureshi. What does the number nine smell like? In a world of AI…...
Building Businesses That Can Survive Economic Uncertainty
1+ week, 4+ day ago (555+ words) Sponsored by Bongobongo Bet Periods of economic uncertainty test businesses in different ways. Rising costs, shifting consumer priorities and changing market conditions can quickly expose weaknesses in a company's strategy. While some businesses respond by cutting prices or reducing investment,…...
Central Bank approves Nedbank buyout of NCBA Group
1+ week, 5+ day ago (304+ words) The Central Bank of Kenya. The Central Bank of Kenya (CBK) has approved the 66 percent acquisition of NCBA Group by South Africa’s Nedbank Group, paving the way for the conclusion of the Sh110 billion transaction. Investors in the Nairobi Securities Exchange-listed…...
How firms are responding to investor demand for sustainability information
1+ week, 6+ day ago (309+ words) The increasing interest of investors in how sustainability matters affect organisations is no longer a surprise. The increasing interest of investors in how sustainability matters affect organisations and in how organisations respond by managing, leveraging and taking advantage of sustainability…...
The old wisdom behind management trends
2+ week, 3+ day ago (816+ words) By David J. Abbott “The things you make—the ideas you chase and the ideas that chase you—will ultimately define your career,” writes Tony Fadell. But what if these new insights are really ancient wisdom? Is there anything new under…...
Where leadership flops in African organisations
2+ week, 4+ day ago (639+ words) Recently I had the opportunity to listen to a conversation between two people. As I walked out of the conversation, my thoughts were running wild. But one thing kept on ringing in my mind, “Does the mission and vision of…...
What firms must do as Kenya shifts to tighter sustainability reporting
2+ week, 4+ day ago (884+ words) Guests follow proceedings during the launch of the Safaricom Sustainable Business report at Michael Joseph Centre in Nairobi on August 22, 2019. Ernst & Young LLP For years, organisations have been disclosing sustainability often through corporate social responsibility stories and environmental, social, governance…...