Venant Bahizi

Understanding financial statements, stakeholders and their limitations

At the end of every year, quarter, or as stipulated by regulation and governance of different countries, business entities and other organizations must avail to tax bodies their tax returns and financial statements. Financial statements include the balance sheet, income statement, the cash flow...

Tuesday, February 11, 2020, 12:00 AM

Financial inclusion; a catalyst to economic growth

Economic growth and development requires that a large part of the population is involved in economic activities as well as financially included.  For this to be effective, the population must access financial services and products which ensure that households and businesses irrespective of...

Tuesday, December 31, 2019, 12:00 AM

Understanding CSR dimensions helps your firm meet its targets

Venant Bahizi Every business owner aspires to grow, expand and make as much profit as possible. Though many go on and release these dreams, few endeavour to give back to the community in which they operate or mind the environment. When an organisation or business engages in initiatives that...

Tuesday, February 3, 2015, 12:00 AM

Proper bookkeeping essential to ensure business survival

Venant Bahizi About 50 per cent of all new businesses that open shop each year collapse before their first birthday, according to 2014 statistics. Data from the Rwanda Development Board (RDB) on small-and-medium enterprises (SMEs) show that over 1,200 companies were set up in the past few...

Tuesday, January 27, 2015, 12:00 AM