Business

GETTY Entrepreneurs are the lifeblood of economic progress, with small and medium-sized enterprises (SMEs) making up 90% of all businesses. These SMEs are more than just companies; they are the engines of job creation, contributing “up to 40% of national income (GDP) in emerging economies.” However, a closer look reveals a gap. Many of ...

I can’t count the number of times that I have done reviews with a client and told them their bottom line was profitable, only to be asked “so where is it?” Having a negative bank balance doesn’t necessarily mean you don’t have a profitable successful business. It does, however, mean ...

Kenyan stocks are finding it hard to shake off their unwanted status as the world’s worst performers this year. Nairobi’s all-share index has slumped 32% in 2023, the most among 92 global benchmarks Bloomberg tracks. That’s made the stocks the cheapest they’ve ever been compared with broader emerging markets. Yet, there ...

William Ruto, Kenya’s president, speaks on the opening day of the Africa Climate Summit (ACS23) at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, on Monday, Sept. 4, 2023. Africa will seek to present itself as a solution to the global warming crisis in a declaration to be signed ...

You decided to join the wonderful world of entrepreneurship. Congratulations! You’ve got your product/service ready to go and then it dawns on you… you’re now responsible for that one thing you never enjoyed…. accounting and taxes! Understanding and complying with accounting and tax rules in your business is an expectation and ...