Business

Cybersecurity Risk: A Growing Concern for African Businesses

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 […]
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The Value of Business Process Optimization

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 […]
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How Data Analytics Is Changing Corporate Decision-Making

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 […]
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Embracing Digital Tools for Internal Audits

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 […]
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Enterprise Risk Management (ERM): A Strategic Necessity

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 […]
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The Role of Artificial Intelligence in Transforming the Finance Sector

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 […]
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Bolt Shifting VAT Burden to Drivers & Implications for Taxpayers in Kenya

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 […]
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Understanding Corporate Governance, Risk Management, and Compliance

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 […]
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