Abstract Over the past decade, insurance and banking firms have undergone transformation in the manner they offer their products and services in a bid to remain relevant in the insurance industry. Kenya, just like many developing countries is still at the infancy stages of absolute insurance cover. Records indicate that majority of Kenyans are presently not under any insurance cover. The study assessed the effect of financial factors on insurance penetration in Nakuru town, Kenya. The financ...
Abstract For any economic development it is important to finance infrastructure such as water and sanitation. Water has historically been viewed as public good not as a market commodity and thus water utilities have not been able to generate sufficient internal revenue to ensure sustainable financial investment. There is a low level of investment in the sector by both public and private players especially in peri-urban areas in Kenya. Many people in these areas still do not have access to ba...
Abstract: Tax payers’ satisfaction rises, so do the revenues available to fund public services, on the other hand the tax payers’ dissatisfaction would have a consequential effects on the revenue generation of the public activities. This study was conducted with the aim of identifying the determinants of taxpayers’ satisfaction with tax services in Harari revenue authority. The target population of the study is Harari regional state business owner tax payers which is 13,275 in December...
Abstract: The main objectives of this study were to examine urban households’ electricity access, to analyze urban households’ intensity of electricity use and evaluate households’ satisfaction level on electricity availability and use in Hossana. Primary data collected from 384 sample households selected through two-level mixed-method sampling techniques. First, two sample kebeles that have densely populated and electric access were selected purposively. Second, sample households were...
Abstract: Modern fuels are vital for social and economic development. Energy choice in Ethiopia remains relatively low. Absence of clean energy choice for urban community has caused in bottlenecks in the provision of public amenities for which modern energy sources are essential inputs. In order to improve household energy consumption, energy consumption choice is crucial. The main objective of this study is to analyze the household energy consumption choice in Aweday town because of highly ...
Abstract: Corporate social responsibility (CSR) is the informal governing rule to meet the societal needs from corporate. The concern of CSR relates with the economic, social and environmental impact of a business firm’s activities to the society at large. The CSR requires volunteering actions by the business firms. The motivation of this research is address the knowledge gap in the sugar industy in Ethiopia. The objective of this research was to assess CSR practice of the sugar industry t...
Abstract: The government need to collect an adequate amount of revenue for various purposes, such as social, economic, and political aspect of the society. One of the most important uses of taxes is to finance public goods and services. This study aims to investigate factors affecting tax compliance in Haramaya town. Tax penality, taxpayers’ awareness, tax office capacity and tax automation were considered factors affecting tax compliance in Haramaya town. The study was conducted through a...
Abstract: Electricity is one of the essential components of basic human needs. Though, it is challenged by soaring incidence of irregular outages, low electricity access rate and high power system losses. These facts duly affect customer satisfaction, perceived quality and image of the company. The purpose of this study was to ascertain customers’ satisfaction of electricity in Harari region. To achieve the stated objectives, primary data was collected using close ended questionnaires from...
Abstract: The main purposes of this study were to examine the sources and level of energy consumption of households in Hosanna town. Energy is used for various purposes such as for cooking, transportation, employment and lighting activates. This research was carried out through cross-sectional survey design and mainly based on data collected through questionnaires and interview. Target households of survey study were 1020 households, out of these 279 sample respondents were selected from tar...
Abstract: The study to identify the determinants of biogas technology adoption. Moreover, it aimed to assess the role of the technology in generating socio-economic and environmental benefits for smallholders in rural areas of Alaba district. The study considered 316 households as a sample selected using a systematic sampling technique. Both descriptive statistics and binary Logit models were used to analyze the data. Adoption of biogas technology is significantly determined by access to cre...
The study provides a focused analysis of Kenya’s determinants of debt sustainability owing to its consistent budget deficits and higher debt servicing costs. Unlike broader studies, this research focuses on Kenya's unique economic conditions and talks about the consequences of unchecked debt servicing payment failures in Kenya that could undo macroeconomic progress if unchecked. The study deploys a single equitation regression analysis followed by a series of robustness checks and a genera...
A general conception is that investment induces economic growth, but there is still debate over which type of investment contributes more to economic growth. The disaggregation of investment into public and private components allows estimation of the impact of the two types of investments on economic growth. This research, therefore, empirically estimates the relationship between each investment component against economic growth by constructing panel data for Ghana and Kenya from 1991 to 202...
The prospect of decoupling economic development from CO2 emissions in Ghana is examined in this paper, with an emphasis on the manufacturing, export, and adoption of renewable energy sectors. The paper investigates the long-term and short-term correlations among CO2 emissions, renewable energy consumption (RNE), population growth (POP), manufacturing value-added (MVA), Economic growth (GDP), and exports (EXP) using an Autoregressive Distributed Lag (ARDL) bounds testing method using tim...
Abstract Financing fiscal deficit in any country is undertaken with the sole purpose of promoting economic growth and development. However, fiscal deficit financing can be a major source of macroeconomic instability, especially inflation, depending on how it is achieved. Inflation in sub-Saharan Africa has persistently been high, almost double-digit, and volatile compared to other areas with developing countries such as Asia and Latin America. Thus, this study aimed at analyzing the relation...
Abstract Having a stable and high level of economic growth within a country is associated with numerous benefits to the citizens. In developing countries such as Kenya, the rate of economic growth has been low and always below the projected rate each year. In developed countries such as Germany, Japan, and Iceland, development in the real estate sector and investment in human capital have been identified as probable boosters of economic growth. In Kenya, many of the studies done to investiga...