Do small businesses need accounting?
Accounting is essential for small businesses as it provides a clear and accurate picture of a company’s financial health. Here are some key reasons why accounting is crucial for small businesses: Financial Planning: Small businesses need to have a solid financial plan to ensure they stay on track and meet their goals. Accounting helps in
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How To Import Goods In Kenya
The importation of goods into Kenya is regulated by several government agencies, including the Kenya Bureau of Standards (KEBS), the Kenya Revenue Authority (KRA), and the Port Health Services (PHS). Before goods can be imported into Kenya, importers must obtain several licenses and permits from these agencies, depending on the nature of the goods and
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The African climate action: Carbon financing
Carbon finance is a financial mechanism that aims to reduce greenhouse gas (GHG) emissions and promote the transition to a low-carbon economy. In Africa, carbon finance has the potential to support a range of initiatives, including renewable energy projects, energy efficiency improvements, and sustainable land use practices. One of the main instruments for carbon finance
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Kenya’s data protection Act
Kenya has implemented a comprehensive data protection law called the Data Protection Act, No. 24 of 2019 (the “Data Protection Act”). The Data Protection Act applies to all businesses operating in Kenya that process personal data, which includes any information related to an identified or identifiable natural person. Under the Data Protection Act, businesses must
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Reporting on environmental conservation
Environmental conservation is the protection, preservation, management, or restoration of the natural environment, including wildlife, forests, water, and air. Financial reporting is the process of providing information about a company’s financial performance and position to external stakeholders, such as investors, creditors, and regulators. In recent years, there has been a growing recognition of the importance
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