ABSTRACT Asset and Liability Management (ALM) becomes an important and critical issue in financial institutions particularly in commercial banks. The uncertainty of returns expected from their assets, risks associated with those assets and the need of liquidity enforces banks to give more attention for their assets and liability composition. Therefore, this study sought to examine the effect of asset and liability management on profitability of commercial banks in Tanzania. Specific objectiv...
Food Security is a vital cog in every fiscal and monetary growth of all countries worldwide. It is a state when all people have economic, social and physical access to nutritious, safe and sufficient food that meets food preferences and dietary needs for a healthy and active life at all times. Lack of funding confines farmers’ productivity and improved income hence a major impediment for farmer’s especially small-scale farmers in third world countries. The purpose of the project was ...
ABSTRACT Stock markets form a very important component of wealth generation and wealth redistribution in the Kenyan economy. Given that Kenya is one of the fast Developing countries Africa, it has attracted a wide range of investors both local and foreign who have a high appetite in investing in local firms which have a high growth potential. Moreover, the Kenyan economy is growing at a significantly positive way reflecting to an increase in disposable income for the population such that they...
Abstract Old Mutual Insurance System is a fully integrated browser-based insurance system that facilitates for faster interaction between potential clients, insured clients and the organisation. The system was developed with the clients at the heart of system and this provided an end-to-end policy administration system with a client-centric approach. The aim of the Insurance Administration System was to reduce application process and insurance claims approval process and address customer se...
ABSTRACT Real estate financing has a significant effect on the value of income-producing real estate as it has on any investment vehicle. The effect is evident as it impacts on one’s capability to purchase commercial properties. The current competitive real estate business has led to most financial institutions and investors scrutinizing the financing variances given the important role that credit market and the investors play in the performance of the real estate industry. The aim of this ...
ABSTRACT Firms listed at the Nairobi Securities Exchange (NSE) contribute significantly to Gross Domestic Product (GDP), averagely contributing 17.6% annually during the period 2003 to 2017. However, financial performance of listed firms remains poor as evidenced by delisting and suspension of 16% of firms in the same period, which threatens Kenya’s economic growth. Although empirical evidence links financial performance to both board composition and financial leverage, results are inconclu...
ABSTRACT This has been an area of interest since SACCOs in Kisumu County have in the past registered declining trends; often times leading to collapse of some due to lack of competitive management skills, noncompliance with capital base threshold required by SASRA, non-recovery of loans due to poor credit management, Weak internal control systems leading to misappropriation of funds by management and untimely audits. Link between credit management and financial Performance is still not clear ...
ABSTRACT The manufacturing sector in Tanzania is ranked as third most important to the Tanzania‟s economy after Agriculture and Tourism. However, the sector‟s internal financing is insufficient. The general objective of the study was to examine the factors which influence the capital structure of the manufacturing companies listed at Dar es Salaam Stock Exchange. The „study used a sample of five manufacturing companies listed at Dar es salaam Stock Exchange, to represent all listed man...
ABSTRACT Despite the fact that business operational factors (technological, cost and security) among other factors employed by SACCOs are key to the adoption of e-banking, SACCOs in Kenya have continued to comparatively register low e-banking adoption rates. Although previous research outcomes present positive relationship between independent variables (technology, cost, and security) and dependent variable (adoption of technology) there exist contradictory findings with cases of inconsistenc...
ABSTRACT Available information reveal that financial performance of Public Universities has continued to dwindle despite implementation efforts to their budgets with its inherent control features. Budgetary Control refers to how well managers utilize budgets to monitor and control costs and operations in a given accounting period. It is a process for managers to align financial performance goals with budgets, compare actual results and adjust performance. Sound financial performance is a core...
ABSTRACT The last decade has seen phenomenal investments in real estate. According to a report by Wisconsin School of Business in 2016, Association of Foreign Investors in Real Estate (AFIRE) with an estimated $2 trillion or more in real estate assets under management globally, reported intention to increase their investment in US. Real estate investment contributed 9% of Kenya's GDP in 2016. In Kisumu City, real estate investors have a total per annum return of 13.3%, with an income yield of...
Abstract: The study’s main goal was to examine the influence of employee empowerment on employee performance in organizations. The descriptive research design with a focus of questionnaire instruments developed around the main variables for the study. The target population for the study included all the 264 officers of Goaso Divisional of the Ghana Police Service. Out of which a sample of 132 officers invited to participate in the study using the stratified sampling technique. Data was anal...
ABSTRACT Non-financial firms listed in the Nairobi Securities Exchange (NSE) have faced numerous challenges ranging from declining after tax profits, delisting or suspension at 21.3% between 2012 and 2018. This indicates that financial leverage also remains a challenge. Further, studies reviewed on leverage-performance and firm size-performance relationships posted mixed results. While the reported studies have been conducted elsewhere, no known study has attempted to integrate the three vari...
ABSTRACT Company’s investments are one of the factors that affect the market capitalization mainly because investment decisions are associated with the decisions about the allocation and the use of funds for the short-term and long-term purposes. Capital investment decisions are also irreversible and highly risky, thus a wrong investment decision can lead companies even to financial distress, which may negatively affect the firm’s stock returns. This study therefore sought to determine th...
ABSTRACT The Government of Kenya in its endeavor to enhance service delivery and accountability in the public finance management has introduced Integrated Financial Management Information System (IFMIS) for all its financial and accounting processes such as revenue collection, fiscal planning, supply chain management and expenditure control. Since its inception in 2003, it is evident that IFMIS implementation has had challenges in driving day-to-day operations of the government systems. A num...