Board of Directors: Ensuring Stability and Growth
board of directors
Navigating Tax Compliance for Sports Personalities in Kenya
In the realm of sports, Kenya has consistently been a beacon of excellence, with athletes making significant strides on both national and international platforms. Whether it’s the prowess displayed on the track, the field, or in the ring, Kenyan sports personalities have brought glory to the nation through their achievements. However, amidst the triumphs and […]
How Virtual CFOs (Chief Financial Officers) Enhance Financial Growth
Virtual CFOs are a feasible preference for businesses that require strategic financial direction but aren’t equipped to sustain permanent CFOs. Accordingly, businesses having substantial and expansive revenue streams and growing teams, mainly beyond the startup phase, can conspicuously benefit from the services.
UNCONSCIOUS BIAS IN RECRUITING AND INTERVIEWING
Unconscious bias in recruiting and interviewing refers to the subtle, automatic, and often unintentional biases that influence a recruiter’s or interviewers decision-making process when assessing job candidates. These biases are based on stereotypes, preconceived notions, or personal preferences that individuals may hold about certain groups of people. Unconscious bias can impact various aspects of the […]
How Sacco’s in Kenya Can Minimize on Loan Defaults
Technical underpinning of Credit scoring for Saccos in Kenya “Credit Scoring” means allocating default probability to every credit applicant. Many SACCOs in Kenya have shifted their operations from manual to digital. With most of them having scaled up their operations with the help of technology. Systems are supposed to facilitate the integration of internal risk […]
Business Process Improvement – what you need to know
In the current dynamic and competitive business landscape, companies need to consistently enhance their processes to sustain their market position and stay ahead of the competition. One way to achieve this is through process improvement, which is an integral aspect of internal auditing in businesses. Process improvement enables businesses to identify operational inefficiencies, streamline their […]
Retention Strategies for Entry-level Staff: Managing Turnover and Improving Employee Engagement in Kenya
Employee retention is a critical issue facing businesses in Kenya today. High turnover rates can lead to decreased productivity, lower morale, and higher costs associated with hiring new staff. To ensure the success of your business it’s important to have effective strategies in place that will help you retain entry-level staff members. In this blog […]
The Impact of Tripling of Capital Gains Tax in Kenya
The Impact of tripling of Capital Gains Tax effective January 2023 Capital Gains Tax was reintroduced in Kenya through the Finance Act 2014 as an amendment to the 8th Schedule of the Income Tax Act Cap 470. Capital gains tax is applicable on sale of immovable property or on transfer of shares for companies that […]