With increasing competition and the economy heading towards globalization, the trend on acquisitions are expected to rise at a much larger scale with the aim of achieving a competitive edge in the financial industry in Kenya. The study aimed at investigating the implications of acquisitions on non-financial performance of the acquisition of Giro bank ltd by I&M Bank Ltd. The study was guided by specific objectives: to establish the influence of Synergy effects on non-financial performanc...
Most of the road contractors in Kenya have been unable to provide effective services specifically in the maintenance of road. There have existed a sharp criticism against their performance where the Government has come up with strategies like performance contracting, setting up state authorities like KeNHA, KURA, KeRRA and KRB so as to solve this sad state of affairs and also to oversee Contractors performance. The research aimed at developing the impact of project organisation framework...
Small and medium enterprises are generally regarded as the primary driver of national development in developed and developing economies; contributing both to their sustainable growth and the creation of employment. In Ghana, SMEs constitute about 92% of enterprises, fund about 70% to the country’s gross domestic product and absorb about 60% of the labour force. Owing to this, the Ghanaian government showed its commitment to ensuring that SMEs performed better as a result of the support...
ABSTRACT Given the turbulent nature and unpredictable environment facing many organizations today, management of change must be critically put into consideration by managers of any organization and form important component of strategy-making. In universities, the pressure for change comes from all sides, government initiatives, the need for efficiency, improving the quality of student learning, intense competition and ever-changing environment make change a permanent condition in all ins...
ABSTRACT Globally, successful operation of the firm is dependent on sound management of cash receipts, payments and balances. The study sought to establish the effect of cash management practices on profitability of star rated hotels in Nairobi City County, Kenya. Hotels in Kenya have been performing poorly due to dwindling profitability that has been blamed on cash management problems. However, few studies have been carried out to establish whether cash management is leading to dwindling pro...
The aim of every hotel is to deliver quality service that matches customers’ expectations in any service encounter at the same time remaining profitable. The hotel industry in Kenya is faced with competition emanating from a competitive market described by globalization, changing, and soaring consumer demand for quality services, emerging touristic destinations, and increased value for their money. The hotel industry has now become more competitive than ever before and meeting customer...
ABSTRACT Fish farming continues to be the fast growing animal production industry and this rate of expansion must continue if aquaculture was to satisfy global demand for fish products. Kitui County which is largely arid and semi-arid land has not been left out in ensuring that fish farming develops to bridge the gap as a source of alternative livelihood to the local community. The main objective of the research study was to determine marketing strategies of commercial fish farming in Kitui C...
Decentralization has not only transformed the structure of government but has also essentially altered the political scenery in Kenya. The country has witnessed a gradual but comprehensive transfer of power, responsibilities and resources from the central to local governments. The exercise began as a shift from appointed to elected councillors and leaders, initially of residence committees, and then later of local councils that have been formed in rural areas and urban wards as vehicles ...
ABSTRACT The quality of housing projects in Kenya has been deteriorating without sufficient informing reasons especially from empirical literature. This is manifested in numerous cases of buildings collapsing across Kenya. This study will investigate the effects of contract management practices on the performance of housing construction projects in Nairobi county Kenya. The objectives of the study were to investigate the effects of the following contract management practices on the perfo...
ABSTRACT Organizations operate to achieve their objectives including making profits and growth. Since they operate in the external turbulent and competitive environment, they do not always perform as expected. Fortunately, there are development and management strategies and interventions firms can adopt to improve their efficiency and effectiveness. When a company does not perform as expected, questions can arise concerning its use of improvement/change strategies. Airtel Kenya has been under...
ABSTRACT This research project was geared toward investigating entrepreneurial orientation and performance of Prison Industry Enterprise a government-linked enterprise. It explored the five dimensions of entrepreneurial orientation covering innovation, proactiveness, risk taking, aggressiveness and autonomy and their effect on performance. The research focused on Kamiti Prison Enterprise to act as a pilot point whereby the result can be used to generalize the situation in other prisons�...
ABSTRACT It is in public knowledge that youths are the most adversely affected by unemployment due the current economic crisis in Africa and the world at large, this has led youths to engaging in various businesses to earn a living. In Kenya, bodaboda transport business, an informal employment, is giving employment opportunities to many of these youths at a time when unemployment rates are growing daily globally. Bodaboda is not only creating employment for the young people but also facilitat...
ABSTRACT Small and medium enterprises SMEs play a key role in triggering and sustaining economic growth and development in developed and developing countries. Despite their great importance increased market competition especially from modern and large competitors makes it difficult for SMEs to survive. In developing countries the major problem with SMEs is difficult in assessing information, finance and lack of institution support. As a result to these difficulties most SMEs do not live beyon...
ABSTRACT Matatus are the informal industry in Kenya that provide service to millions of people each day and are essentially the backbone of the transportation system in Kenya. Transport plays an important role in integrating the various sectors in the economy. Matatus account for 80% of the total public transport in the country (Republic of Kenya, 2002).The directive by the Ministry of transport that all the Matatus to join SACCOs or limited liability companies by the end of the year 2010 (Le...
ABSTRACT Effective financial resources forms an integral part of financial management that is of utmost importance to all managers and heads of institutions. It is clear that any association without a structure on internal control set up is by and large presented to several dangers that are equipped for disintegrating the association in less or no time. Most of the studies done on internal controls were done outside Kenya, the studies done in Kenya focused on profit making organizations....