Month: April 2025

In today’s fast-paced and unpredictable business environment, risk is no longer confined to isolated incidents—it is woven into every aspect of an organization’s operations. From financial fluctuations and cybersecurity threats to regulatory changes and reputational challenges, businesses face a multitude of risks that can impact their ability to achieve strategic goals. This is where Enterprise […]

Artificial Intelligence (AI) is revolutionizing industries across the globe—and the financial sector is no exception. As financial institutions seek to improve efficiency, enhance customer experience, and make smarter decisions, AI has emerged as a powerful enabler of innovation and competitive advantage. 1. AI in Fraud Detection and Risk Management One of the most critical applications […]

Understanding the VAT Shift Bolt, the Estonian ride-hailing firm, has recently shifted the 16% Value Added Tax (VAT) burden to its drivers, citing regulatory compliance with Kenya Revenue Authority (KRA) guidelines. Previously, Bolt absorbed this cost since the introduction of digital marketplace tax regulations in 2023. This move reflects Bolt’s commitment to adhering to tax […]

Understanding Corporate Governance, Risk Management, and Compliance (GRC) Corporate Governance, Risk Management, and Compliance (GRC) are three interrelated disciplines that help organizations operate ethically, efficiently, and within the bounds of the law. Together, they ensure business sustainability, protect stakeholders’ interests, and minimize risks. Corporate Governance Corporate governance refers to the framework of rules, policies, and […]