Abstract Enhancement of revenue collection in counties is core to meeting their financial responsibilities which will lead to recognition of their directive to offer valuable and well-timed services to the residents and the demand for which may possibly surpass the available resources. Counties have sufficient revenue stations to fund the current service levels, but revenue collection levels often do not meet projections. According to reports by the Controller of Budget, revenue collection b...
Abstract Microfinance Institutions services have continued to play an important role in Kenyan economy. It is viewed as the provision of financial services to the poor and low income group. Microfinance Institutions in Kenya have gained wide recognition since 1990’s for the role they play in providing financial services to the low-income households, and their contribution to poverty alleviation. While achieving this poverty reduction goal, MFIs should also be financially sustainable. The i...
Abstract Strategic alliance is one of many methods of strategy development. It has been defined as a situation where two or more organizations share resources and activities to pursue a strategy. Alliances vary considerably in their complexity, from a simple two partner alliance co-producing a product to a one with multiple partners providing complex products, services and solution. Research on strategic collaboration between firms has received increasing attention in literature during the l...
Abstract During school opening days, we have witnessed long queues in the halls of our Commercial Banks arising from the last minute rush by the parents/guardians to pay school fees for their beloved children. In addition, the opening and closing hours of these commercial banks has continued to cause unknown havoc to small and medium scale enterprises who cannot access their services outside their normal but limiting operating hours. This has necessitated the proliferation of Agency Banking ...
Abstract According to the National Water Services Strategy (2007-2015), water is the most important natural resource, indispensable for life and the backbone of the growth and prosperity of mankind. Due to poor access of water and sanitation the Government initiated a process of reforms for the entire water sector which led to a new water policy and new sector strategies with an aim of attaining some outcomes like increased access to water and sanitation, increased funding among others. The ...
Abstract Savings and Credit Co-operative Societies are quasi financial institutions that mobilize savings, provide loans as well as other products to their members. Liquidity is considered as one of the serious concern and challenge for the modern era SACCOs. A SACCO having good asset quality, strong earnings and sufficient capital may fail if it is not maintaining adequate liquidity. The general objective of the study was to assess the financial factors that influence liquidity of Savings a...
Abstract SACCOS are the main drivers of economic and social development in rural areas of developing countries. In Kenya 81% of the population rely on the SACCOs to access financial services. However the use of SACCOs by Kenyans as a financial service provider has been declining. The SACCOs are faced with challenges of survival due to decline of members. The decline is attributed to the competition from other financial institutions which have embraced financial innovations. The study therefo...
Abstract The primary goal of supply chain design is to up service quality and improve interaction levels between service providers and customers.The study was guided by four objectives aimed at establishing effect of facility location, Operation assessment, Inventory reduction on performance of state owned sugar firms and the moderating effect of organizational factors on relationship between supply chain design and performance of state-owned sugar manufacturing firms in Kenya. The research ...
Abstract The Kenyan microfinance industry faces many challenges. Studies point to nonperforming loans as one of the main problems facing microfinance institutions in Kenya, which has led to reduced profitability and institutional collapse in some cases. Noncompliance with credit monitoring and loan policy provisions have been cited as some of the factors leading to increased nonperforming loans. This research sought to investigate, how techniques employed for managing credit by microfinance ...
Abstract Agriculture is very important to any society’s future. In most developing and developed countries, it is the major backbone of the economy and its production over the last three to four decades has increased significantly. In 2018, the agricultural sector boosted the Gross Domestic Product globally by 4% and in 2020, its average contribution was 35 percent to the Gross Domestic Production (GDP) and 65 percent to foreign exchange earnings in Kenya. Agriculture provides the main sou...
Abstract Implementing and adopting the procurement Contracting process in public institutions have continuously faced the challenges due to its complexity and lack of resources that directly impacts the supply chain performance. Institutions are operating in a competitive business environment that is dynamic and unpredictable. Key to optimal performance is understanding the procurement contracting practices; pre-contracting, contracting and post-contracting. The study focused on the procurem...
Abstract inclusive and equitable quality education and promotion of lifelong learning opportunities for all, school accounts management comes as top priority. However this has not been the case as the teachers service commission raised concern on misuse of funds in public secondary schools and warned principals in charge and even indicated interdiction for such cases. In Turkana South, the audit questioned the use of Sh29 million to buy three school buses failing the school budget implementa...
Abstract various restructuring processes such as “moving from good to great” positioning strategy rebranding tactic, value concerns and behavior reassessment. These restructuring strategies are meant to place the financial institution as the market leader in the banking industry not only in Kenya but also yarning to become a Pan African Bank. Indeed, the bank has demonstrated strength in branch network accounting for 359 branches, an asset base of Ksh 1.1 trillion as at 2021 financial re...
Abstract of a myriad of challenges experienced. Academic staff are regarded as the key resource of any institution of higher learning in the achievement of its goals. Despite the empowerment strategies adopted, concerns on quality education in universities has been in the public domain. These include: low output of quality research, teaching competency, unethical practices and few innovations impacting on quality of graduates and ranking of Kenyan universities globally. In view of the forego...
Abstract In every organization procurement function plays an important role. Due to competition and a fast changing market environment many organizations have started implementing supply chain management practices so as to survive in the long run. The study established Supply Chain Management Practices, Government Policy and Procurement Function Performance in Kakamega County, Kenya. Specifically, established the effect of Procurement Planning on procurement function performance in Kakamega ...