Month: April 2025

Background: eTIMS and Temporary Exemptions The Kenya Revenue Authority (KRA) introduced the electronic Tax Invoice Management System (eTIMS) to modernize tax compliance, enable real-time transaction tracking, and tackle tax evasion. Under the Finance Act, 2023, all businesses were required to issue electronic tax invoices via eTIMS. Non-compliance would result in loss of expense deductions for […]

In a world marked by rapid technological advancement, evolving regulatory landscapes, and increasing global uncertainty, risk management has become more than just a compliance function—it’s now a strategic imperative. As we move deeper into 2025, forward-thinking organizations are reimagining their approach to risk. Here are the top trends shaping risk management this year and what […]

In today’s rapidly evolving business landscape, organizations are facing a more complex and interconnected risk environment than ever before. Traditional risk management methods, while still valuable, are often too slow, reactive, and resource-intensive to keep pace with emerging threats. That’s where Artificial Intelligence (AI) and automation come in—revolutionizing how companies identify, assess, and mitigate risks […]

Recent legal developments have clarified the Kenya Revenue Authority’s (KRA) authority to levy Value Added Tax (VAT) on the sale of commercial properties. This follows a series of rulings that have redefined the tax treatment of such transactions under the VAT Act, 2013. Below, we provide a summary of key legal milestones and their implications […]

In today’s fast-evolving business environment, companies are facing growing complexity, increasing regulatory demands, and higher expectations for ethical conduct and transparency. To remain competitive and build long-term value, organizations must not only perform efficiently but also govern effectively, manage risks proactively, and comply with regulations—this is the essence of GRC (Governance, Risk, and Compliance). At […]

In today’s competitive business environment, delivering consistent quality and meeting customer expectations is not just an advantage—it’s a necessity. One of the most recognized and widely adopted frameworks for achieving this is ISO 9001:2015, the international standard for Quality Management Systems (QMS). What is ISO 9001:2015? ISO 9001:2015 is the latest version of the ISO […]

As African economies accelerate their digital transformation, businesses across the continent are becoming more connected, agile, and data-driven. However, this rapid digital adoption also brings with it a rising threat—cybersecurity risk. From ransomware attacks to data breaches and phishing scams, African businesses are increasingly vulnerable to cyber threats that can disrupt operations, damage reputations, and […]

In an increasingly competitive business environment, organizations must continually seek ways to improve efficiency, reduce costs, and enhance customer satisfaction. One of the most effective ways to achieve this is through Business Process Optimization (BPO). At RKCO East Africa Consulting, we help organizations unlock their full potential by streamlining operations and aligning processes with strategic […]

In today’s digital age, organizations are inundated with data. From customer interactions and operational processes to financial performance and market trends, data is everywhere. The key to unlocking its true value lies in data analytics—a transformative tool that is reshaping how corporate decisions are made. At RKCO East Africa Consulting, we recognize that data-driven decision-making […]

As the business landscape becomes increasingly complex and fast-paced, internal audits must evolve beyond traditional, paper-based methods. Today, digital tools are transforming internal auditing, offering greater efficiency, accuracy, and strategic value. At RKCO East Africa Consulting, we believe that embracing digital transformation in auditing is not just a trend—it’s a necessity for organizations aiming to […]