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Why you need a competent external auditor?

25 February 2021
Corporate governance defined

Tanzania Financial Reporting Standard No 1: The Report by Those Charged with Governance (revised 2020)

23 February 2021
Introduction The reports by Those Charged With Governance (TCWG) previously known as Director’s report is guided by Tanzania Financial Reporting Standard (TFRS) No 1 which is issued by National Board of Accountants and Auditors (NBAA). 

Transfer pricing documentation myth buster

16 February 2021
Myth: Our transactions with related parties are below the threshold of TZS 10 Billion, hence, we are not required to prepare and maintain a transfer pricing documentation

Is outsourcing beneficial to businesses?

9 February 2021
Outsourcing is a strategic decision by a company to reduce costs and increase efficiency by hiring another individual or company to perform tasks, provide services, or handle operations that were previously done by employees within the company. In other words, outsourcing is the practice of getting certain job functions done outside a company.

Business Process Outsourcing: More than a back office

5 February 2021
In these uncertain times, many companies are rethinking their business strategies and looking at solutions through a completely different lens.

Tanzania payroll benefits Q&A

26 January 2021
In this week’s Q & A session, we have gathered frequently asked questions on employment/payroll benefits :

Public Notice issued by BRELA

24 December 2020
Introduction The Business Registration and Licensing Agency (BRELA) issued a Public Notice on the 19th of December 2020 cautioning government institutions, private institutions and the public on companies that have not updated their records on the Online Registration System (ORS) as required by the law.


25 August 2020

Tanzania Finance Act 2020 Highlights

7 August 2020
Further to our newsletter circulated on 11 June 2020 after the budget speech, we would like to take this opportunity to inform you of some significant changes in the Finance Act 2020 passed by the Parliament on 18 June 2020.


12 June 2020
 economic performance in 2019 and beyond GLOBAL ECONOMIC HIGHLIGHTS

Tanzania Finance Act 2019 Update

23 July 2019

The IFRS for SMEs – a chance for Tanzanian entities to benefit from simpler reporting

4 July 2019
The IFRS for SMEs – a chance for Tanzanian entities to benefit from simpler reporting

The importance of outsourcing the grant management function

27 June 2019
Properly managing awarded funding is as important as winning a grant. It is therefore imperative to have the necessary financial controls in place to adhere to the terms of the grant.

Budget Highlights 2019/2020

14 June 2019
Download Budget highlights 2019/20 for: Kenya Tanzania

Frequently asked questions on company secretarial online registration system

28 May 2019
When was the online registration system introduced? Kenya

The pros and cons of outsourcing business functions and processes

22 May 2019
Outsourcing is a common practice of contracting out business functions and processes to third-party providers. There is an increased trend globally to outsource the back office services and the key one a number of companies look into are the accounting and payroll services.

Cybersecurity: Actions to take to mitigate risk

15 May 2019
Here are some simple things that businesses can do to mitigate the risk of a cyber attack: Breach readiness preparation It is important to get your incident response capabilities prepared for the ‘when’, not ‘if’ Governance

Cybersecurity: The value of data

9 May 2019
Personal data is valuable on the ‘black market’ but is also sold legitimately. Obtaining data such as contact details and personal details helps companies market their products to the right people.

Personal Yearly Reflection and Annual Planner

23 April 2019
Personal Yearly Reflection and Annual Planner developed by Ashif Kassam Download here

Which growth strategy to adopt?

3 April 2019
Ansoff Growth Matrix is a strategic tool that forms a basis for many companies when considering growth strategies. BY PALAK TEWARY The model is based on two axes: products and markets and suggests four growth strategies, namely:

Can blockchain benefit middle market retailers?

2 April 2019
From supply chain to loyalty building: Blockchain’s impact explored By Ben Tickner