PKF in Eastern Africa

Publications

Sector Publications

PKF firms in Kenya, Uganda and Rwanda have expertise working in several sector. These sectors include:

  • Banking and Insurance
  • Manufacturing
  • Hospitality and Leisure
  • Agriculture
  • Construction and Real Estate
  • Transport and Communication
  • NGOs and Charitable Trusts
  • Educational Institutions
  • Retirement Benefits Schemes
  • Trading and Retail

Retirement Benefit Schemes: Risk Review and Management considering the impact of Covid-19

08 Jul 2020

The Corona Virus Disease 2019 (COVID-19) continues to expand its global impact on individuals, businesses, communities and governments and, as a result, changing the nature of how business is being conducted. Businesses are navigating through numerous interrelated issues affecting operations, employee welfare, cash and liquidity. The dynamic nature of this pandemic makes it hard to assess what will happen next.

This communique is to assist the pension schemes manage financial and liquidity risks. The Authority has given waiver of penalties on late submission of audited accounts as well as human capital risks to give ample time for scheme staff to prepare and approve audited accounts when navigating through the change in working environment.