Kenya boasts a number of high-net-worth individuals (HNWIs) with gross annual incomes of between Kh350 million and Ksh1 billion. These individuals are leaders of industry, chief executive officers (CEOs) of various blue-chip companies, business owners, and industrialists, among others.
A spot-check by WoK on previous tax remittance reports by the Kenya Revenue Authority (KRA) revealed a number of reclusive Kenyan billionaires some of whom work or used to work at KPMG East Africa.
KPMG EA is an audit, advisory, tax & regulatory services provider with offices in Kenya, Rwanda, Tanzania, and Uganda.
The company’s audit practice helps organizations and individuals achieve their objectives and succeed in the economy by measuring performance, managing risks, and leveraging knowledge.
“KPMG Advisory professionals work with you to cut through the complexity of today’s rapidly changing marketplace. We leverage the knowledge and skills across our global network of firms to develop practical recommendations designed to help you work smarter, grow faster and compete stronger.
“We approach the African market with an understanding of a client’s business, its needs and strategic requirements. We use our in-depth technical tax knowledge and our broader understanding of how tax fits into the wider business picture to help clients meet their compliance opportunities and action planning opportunities,” the company states on its website.
Here is a list of HNIs who are associated with KPMG.
Jacob is a partner at KPMG. He is a qualified accountant and a Member of the Institute of Certified Public Accountants of Kenya (ICPAK).
He holds a Bachelor of Commerce degree from the University of Nairobi. He has over thirteen years post qualification audit and advisory experience, all gained at KPMG.
Gathecha has considerable experience working with multinational and local clients in the region while providing audit, accounting and other advisory services. He is the head of Consumer and Industrial Markets in Africa.
He was admitted to partnership in 2007.
Brian is the leader of Risk Consulting and the Consumer and Industrial Markets Line of Business.
He is also the leader of our Information Technology Advisory (ITA) department and is a specialist in IT installation reviews and use of computer-aided auditing techniques, Information Security Services, Business Systems Controls, Information Systems Governance and Project Risk Management.
Brian was admitted to partnership in 1997.