Getting investor-ready for SMEs (Small and Medium-sized Enterprises) in Kenya is a crucial step to attract potential investors and secure funding for their business. Here’s
Small and medium-sized enterprises (SMEs) serve as the lifeblood of the Kenyan economy, forming the bedrock of its business landscape. Remarkably, these enterprises account for
SMEs in Kenya have a wealth of funding options at their disposal. This article explores various sources of financing, from traditional banks to angel investors and digital lenders, providing insights into how SMEs can access the capital needed to fuel their business endeavors and thrive in Kenya’s dynamic business environment.
Discover how Safaricom implements transfer pricing in Kenya, ensuring adherence to local tax regulations and international standards. Learn about essential steps in this process, such as evaluating related transactions, conducting benchmarking analysis, creating documentation, ensuring compliance, and maintaining ongoing monitoring.
Explore the importance of transfer pricing in international business and taxation, focusing on tax optimization, legal compliance, risk mitigation, financial performance, and global strategy.
Explore the evolution of Finance and Business Advisors from number-crunchers to strategic futurists. Witness their journey through numbers, strategy, collaboration, ethics, and technology, shaping the course of modern business.
In today’s dynamic business landscape, Finance and Business Advisors have evolved into strategic partners, utilizing financial insights to drive sustainable growth. This article explores our multifaceted approach, transforming financial data into strategic direction.
While marginal cost might seem like just another accounting jargon, it holds the key to optimizing choices that can drive profitability and success. However, lurking within the shadows of this concept lies an interesting misconception that managers sometimes fall victim to
In the dynamic landscape of business, making informed decisions is paramount. One tool that stands out in the realm of managerial accounting is marginal cost analysis. Marginal cost, the extra cost incurred when producing one more unit of a product or service, holds the key to optimizing choices and achieving profitability. This analysis aids managers in evaluating alternatives, controlling costs, and maximizing profits.
The NHIF Amendment Act, 2022, received approval from the Kenyan Parliament on December 21, 2021, and was subsequently signed into law by the former President on January 10, 2022. This Act serves to amend the National Hospital Insurance Fund Act of 1998 and introduces several significant changes to the NHIF’s functioning and scope.
Let’s explore the Affordable Housing Levy, a mandatory contribution that both employers and employees must make each month. This levy is set at a rate of 1.5% of the employees’ gross monthly salary for both employers and employees, with no maximum cap regardless of an employee’s earnings.
The proposed Bill seeks to introduce significant changes to Personal Income Tax. One notable change is the creation of a new tax bracket with a higher tax rate of 35% for individuals whose monthly income exceeds KES 800,000. For those earning less than KES 500,000, the current tax rate of 30% will continue to apply.
Regardless of its size or stage of growth, we believe that every business needs strategic financial advisory and practical technical support at an affordable rate. Our part-time CFO/Finance Director services is meant to offer corporates and SME financial advisory and technical support in relation to enhancement of internal controls, debt management and related procedures and procurement processes.
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P. O. Box 90056-80100 Mombasa, Kenya
+254 -719-818-292
office@bellmacconsulting.com
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