In the dynamic landscape of business expansion, the choice between debt and equity financing becomes a pivotal decision that shapes the trajectory of a company’s growth. Both avenues offer distinct advantages and trade-offs, each catering to different needs and aspirations. Understanding the nuances of debt and equity financing is essential for entrepreneurs seeking to fuel…
Kenya Revenue Authority (KRA) recently unveiled new Pay As You Earn (PAYE) tax rates following the lifting of the suspension on the Finance Act 2023. The revised rates, which have been in effect since July 1, apply to employees earning over Sh500,000. Notably, there is a significant increase in taxes for those falling into different…
Trade financing plays a vital role in enabling businesses to sustain their operations, expand their reach, and navigate the challenges posed by the ever-changing global market. In times of economic uncertainty and disruptions, accessing trade financing from banks becomes even more critical for business continuity. This article explores how firms can harness trade financing options…
