INNOVEX is a Pan-African advisory and assurance services firm with permanent employees and short-term associate consultants. It is one of Africa’s development focused professional firm which provides advisory and assurance services in governance, public sector development, capacity building, business sector development and post-conflict resolution. In particular, we use our people’s experience of economic policy, private sector development, sustainable finance, partnership and institutional capacity building to support effective engagement of the private sector in achieving our clients’ development goals.
With our operational target area being Africa, we provide a full range of professional services in the areas of general management, financial management and accounting, audit, procurement, tax, legal matters, risk management, data quality assessments, corporate finance and information technology solutions. Our main goal is to contribute towards African development, to help Africa move forward.
We help our clients improve performance, manage risk and build value. We build relationships by providing professional services based on quality and integrity. We have offices in Dar es Salaam (Tanzania), Johannesburg (South Africa), Nairobi (Kenya) and Kigali (Rwanda). Operationally however, we are already providing our services across Sub-Saharan Africa to include Malawi, Zambia, Southern Sudan, Burundi, Democratic Republic of Congo, Ethiopia and Somalia.
Services
INNOVEX offers a wide range of services that may be grouped into the following five categories: Consulting, Audit, Tax, Procurement Advisory and Agency Services, and Training. More specifically;
INNOVEX consulting services include:
- Research and Policy Analysis;
- Feasibility Studies;
- Enterprise Development Services;
- Commercialisation;
- Private Sector Development;
- Privatisation and Transaction Services;
- Capacity-Building and Institutional Development and Processes;
- Public Expenditure Management;
- Governance and Decentralisation;
- Strategic and Business Planning;
- Organisational Restructuring and Development;
- Human Resources;
- Executive Selection and Recruitment;
- Financial Management Systems;
- Governance and Accountability;
- Legislative and Regulatory Frameworks;
- Monitoring and Evaluation;
- Business Continuity and Recovery Management;
- Risk Management;
- Data Quality Assessments;
- Aid Policy and Effectiveness.
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INNOVEX audit services include:
- Statutory Audits;
- Accounting;
- Internal Audits;
- Project Audits;
- Special Purpose Audits;
- Performance/Management Audits;
- Systems Reviews;
- Special Reviews and Investigations
- Development of Accounting Systems;
- Design and Installation of Internal Control Procedures;
- Preparation of Books of Accounts and Financial Statements;
- Special Purpose Accounting Work;
- Development, Design, Implementation and Review of Accounting Policies/Manuals; and
- Advice on Accounting Standards (IFRS and IPSAS) and Practices.
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INNOVEX procurement services include:
- Procurement Audit, Investigations and Reviews;
- Procurement Planning;
- Procurement Capacity Building and Training;
- Preparation of Tender Documents;
- Procurement Agency Services; and
- Tender Evaluation.
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INNOVEX tax services include:
- Registration for Taxpayer Identification Numbers (TIN);
- Registration for Value-Added Tax (VAT);
- Processing Business and Sector Specific Licences and Permits;
- Other Regulatory Registration as may be required by law;
- Preparation & Submission of Provisional Returns of Income to Tanzania Revenue Authority;
- VAT Refund Audits;
- Advice on Payroll Taxes and Levies and Related Matters;
- Tax Health Check Audit; and
- Advice on Tax Planning Issues.
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INNOVEX business support services include:
- Payroll Management;
- Drafting, Reviewing and Amending Constitutions and Memoranda;
- Assistance in Developing Appropriate Organisational Structures, Financial Regulations and Accounting Systems;
- Periodic Health Checks of Internal Systems and Procedures and Status of Compliance with Laws and Regulations;
- Fund Management; and Secretarial Services.
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