ABSTRACT Financial management is a critical component of efficient working capital management of both small and large firms. MSEs business remain the most dynamic force and agent of economic growth and development of a nation. However, MSEs sector have the problems of accessing funds for their working capital because they do not have securities. Despite the provision of fund by MFIs, many MSEs businesses still fail because they neglect the principal of efficient working capital management. T...
ABSTRACT Remittance flows in Sub-Saharan Africa have increased for the past two decades. However; empirical literature fails to reach a consensus on the impact of remittances on economic growth, with many studies using aggregate data that suffers from aggregation bias. Given that there are different categories of remittances resulting from varying patterns of remitting, there was a need to specifically the effect of each component of remittances on economic growth. This will help in optimal ...
ABSTRACT The modern devolution development across the globe has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved expenditure. There is however, little empirical evidence to validate these assertions in Kenya. Most empirical studies across different countries have used different methods of analysis, different time periods and diverse techniques of measuring variable which have generated mixed conclusions and others are inconclusive. More so, in ...
Summary Burnout as a measure of stress has generated research interest in the past two decades. However, there is a dearth of research on this interesting and important phenomenon in Nigeria. This study compared burnout and its associated factors in various health professionals working at the University College Hospital, Ibadan, Nigeria. Two hundred and sixty health care providers were sampled from 5 main units: Theatre/Intensive Care Unit (ICU), Accident and Emergency (A & E), Oncology, Den...
ABSTRACT Populations of avian species continue to decline worldwide due to the various types of habitat degradation. This is the case with Hinde’s Babbler which is listed as Vulnerable in the IUCN Red List with isolated populations confined to some parts of central and eastern Kenya. The purpose of this study was to asses and compare its current population status in MNP, Ngaya Forest Reserve and agricultural landscapes. This survey was conducted between June and December, 2015 covering dry...
ABSTRACT The current financial service market is complex and offers consumers a vast array of products and services to meet their financial needs. The degree of choice requires that consumers be equipped with the financial knowledge and skills to evaluate the options available in the market. Studies by (Beal & Delpachitra, 2003, Nyamute & Monyoncho, 2008) on the effects of financial on personal financial decisions indicate contradicting results. This study was carried out to establish the ef...
ABSTRACT Commercial banks are very important in an economy as they mobilize savings for productive investments and facilitating capital flows to various sectors in the economy, thus, stimulating investments and increase productivity. Their operations are guided by monetary policy actions under central bank directives. Currently banks charge 18 per cent, as per Central Bank of Kenya data, with some borrowers paying as high as 24 per cent for short- to medium-term loans contrary to the policy ...
ABSTRACT Investment groups provide a system of pooling together capital, lowering risks per individual and availing cheap capital for individual and MSEs growth. The objective of the study was to assess the effect of the group composition and formalization on the financial performance of investment groups in Nakuru Town. Descriptive survey design was used to gather information that could be used for statistical inference on the target population through data analysis. Stratified and simple r...
Abstract The present study evaluated the efficacy of an individualized psycho-education (PE) program in reducing psychological distress and risky sexual behavior and enhancing self-disclosure associated with an HIV diagnosis among attendees of a walk-in non-governmental voluntary counseling and testing (VCT) center in Nigeria. Ninety-four consecutive individuals were asked to complete a pre-counseling, baseline questionnaire detailing their sociodemographic characteristics, psychopathology, ...
ABSTRACT Human immunodeficiency virus (HIV) is a virus that damages cells of the body‟s immune system. Acquired immunodeficiency syndrome is a collection of symptoms and infections resulting from damages caused by HIV in the immune system. HIV/AIDS affects both the young and the old regardless of their gender, economic or social status. It is a killer disease which has continued to pose a grave threat to the health, economic, social and living standards of the community and more so to the ...
ABSTRACT This study was undertaken in Lagdera District of Garissa County, a semi-arid area where nomadic pastoralism forms the bedrock of people’s livelihoods. The study aimed to analyze pastoralist’s household livelihood vulnerability to drought hazards over the last two decades. The study was motivated by several concerns. First, there is need to understand vulnerability of pastoralist livelihoods to drought hazards in the arid and semi-arid areas of Kenya. This will help us understand...
ABSTRACT Taxation provides principal lenses in measuring state capacity, state formation and power relations in a whole society. In the evaluation of tax reforms in the developing countries, it is important to first determine the unique role of the tax system in each particular country. The main reason for undertaking tax policy reforms in Kenya was to address issues of inequality and to create a sustainable tax system that could generate adequate revenue to finance public expenditures. In t...
ABSTRACT The purpose of this study was to assess the effects of financial intermediation on business performance. The study was carried out on women owned micro and small enterprises in Kisii Municipality. Descriptive research design was adopted for the study. The study sought to : assess the extent to which financial intermediaries intermediates between savers and borrowers, to assess the level of business performance of micro and small women owned enterprises and ; to assess whether financ...
ABSTRACT The purpose of this study was to assess the effectiveness of the internal audit systems in the management of LATF in Kisii Municipal Council. The study objectives were to determine whether the LATF disbursements were used in accordance with the objectives of LATF and to establish the effectiveness of internal audit systems in the disbursements and use of LATF. A descriptive study design (survey) was adopted in conducting this study. The researcher targeted the upper and middle cadre...
ABSTRACT The business environment is increasingly becoming uncertain and unpredictable because of globalization, technological changes and trade liberalization. As a result, like large enterprises, SMEs are facing many new and unexpected challenges that threaten their performance and competitiveness. Strategic planning is a management tool that helps organizations focus their energy and resources to ensure that goals and objectives are achieved. The SME sector plays an important role in econ...