Abstract: Most of the knowledge-based economies (KBEs) operate in a neoclassical economic model that does not recognize the importance of natural resources and sustainability beyond the market forces. In contrast, KBEs that rely on endogenous factors harmonize with the enlightened anthropocentrism for sustainable development with scientific and technical abilities to design the ecological system for infusing human values into nature. For example, the Quintuple Helix Model of Innovation. In t...
Abstract: This paper explores the inter-connectedness of remittances and financial development and how their associated covariates such as savings, investment, money supply and economic growth are impacted by this relationship. The study employs a panel vector autoregression (P-VAR) estimation technique, and the generalized methods of moments (GMM) are applied after removing fixed effects and lagged regressors are used as instruments to have consistent estimators. The main findings of the st...
Abstract: The quest for the diversification of Botswana’s mineral-led economy necessitates an examination of other performing ones such as the Tourism-Transport and Finance-Consulting small service sectors which have been identified as also contributing immensely to its economy. So, this paper investigates variations in market orientation and performance among small service firms in Botswana. In more specific terms, it involves analysis of variations with regard to tourism-transport and fi...
Abstract: The research investigates into the impediments and the best practice use of derivatives in Zimbabwe, Botswana and South Africa. The research has been based on a mixed method research approach. The significance of the study has been to identify the gaps in the use of derivatives and the factors that have given rise to the gaps. It has been revealed that Banks in Zimbabwe only use the simple forward agreements derivative to hedge risk. In Botswana only simple forward agreements, fore...
Abstract: The scope of the study was to ascertain the viability of the cruise taxi business in Francistown metropolis. The business is dominated by black entrepreneurs supported by local authority to ply the metropolitan routes. A semi-structured questionnaire was introduced and issued to commuters who were randomly selected on their way to pick a taxi at their terminus. Collected data were analysed using IBM SPSS Statistics ver. 26. A Cruise taxi driver’s level of education influenced tim...
Abstract: The growth rate for the Botswana economy has slowed down in recent years. This has been explained by weak global demand in minerals, subdued commodity prices and persistent electricity supply problems. The government is making efforts to diversify the economy to tap from other sources of growth. The government has come with two initiatives to boast growth: increasing expenditure on roads and improved generation of electricity. Literature has failed to agree on the causal linkage be...
Abstract: The study used time series data for Zimbabwe (1975-2012) to: (i) empirically determine the link between economic growth and four macroeconomic variables (Foreign Direct Investment, volume of trade, Inflation and capital accumulation) (ii) analyze the impact of these macroeconomic variables on economic growth (iii) test if innovations in macroeconomic variables influence on the rate of economic growth and vice versa and (iv) establish the major drivers of economic growth. Using the ...
Abstract: Emerging economies are still faced with need to improve economic growth. One of the main drivers of growth in literature has been found to be electricity consumption. However literature fails to explain the relationship between economic growth and electricity consumption. It is against this background that the study examines the presence of the long run relationship between economic growth and electricity consumption in Botswana. The study use annual time series data for the period...
Abstract: This research empirically examines the connection between stock market performance, exchange rates and interest rates using the VECM model and monthly time series data. During the pre hyperinflationary phase findings showed that the impact of interest rates on stock market performance were mixed. Stock market performance converged to long run equilibrium with bank rates (1.4%) within 8 months. Unidirectional causality moves from stock market to exchange rates, Treasury bill rates a...
The unprecedented growth of mobile phones to make transactions has become a dependable form of payment for low-income earners living in rural and urban Kenya, increasing demand for goods and services and stimulating demand for money. However, its effect on money demand and subsequent effect on monetary policy is inconclusive as observed from past empirical studies. Furthermore, the rapid adoption of mobile money has generated new data needs and growing interest in understanding its contributi...
Abstract: Disruptions in the food supply chains caused by the COVID-19 pandemic have destabilized the balance between production, supply, transport, distribution, and consumption. Consequently, these disruptions have affected food and nutritional security all over the world. This study proposes a framework for investigating the impact of COVID-19 on food supply chains, considering Eastern Africa as a focus region with Kenya and Rwanda as case studies. A systems thinking approach with three s...
Abstract: This study analyzes the cost benefit implication of maize storage techniques used by farmers and traders, and further identifies challenges in the uptake of new and improved technology and innovations. Using a case study area in Njoro sub-County from Kenya, we identified and evaluated the economic feasibility of the various technologies that farmers and traders used to store their maize against being attacked by insects and rodents. Analysis showed that most feasible storage innova...
Abstract: This thesis explores the economic burden of malaria incidence by controlling household practices regarding malaria prevention in Jabi-tehnan District. It uses household survey data collected by the Social Sciences and Impact Assessment Unit of the International Centre of Insect Physiology and Ecology(icipe). This study aimed at assessing and examining factors contributing to malaria and the impact of the incidenceby using both descrptive statistics and econometrics aproach. In the ...
Abstract: This study analyzes the cost benefit implication of maize storage techniques used by farmers and traders, and further identifies challenges in the uptake of new and improved technology and innovations. Using a case study area in Njoro sub-County from Kenya, we identified and evaluated the economic feasibility of the various technologies that farmers and traders used to store their maize against being attacked by insects and rodents. Analysis showed that most feasible storage innova...
The study investigates the relationship between foreign direct investment (FDI) and economic growth in Kenya through comprehensive regression analysis and causality tests. Theoretical literature argues that FDI inflow can transfer great advantages to the host country, however, empirical studies show that the benefits of FDI vary greatly across countries. Kenya has traditionally been one of the largest recipients of FDI in Africa, foreign investors provide intangible assets to support the oper...