ABSTRACT Financial performance of the manufacturing sector contributes significantly to the economic development of both developing and developed economies. In, Kenya the Vision 2030 identifies the manufacturing sector as one of the key drivers for realizing a sustained annual gross domestic product growth, of tenpercent. However, the percentage contribution of manufacturing to the gross domestic product and merchandise exports has stagnated. Besides, financial performance of the Kenyan manuf...
ABSTRACT The financial system in Kenya has seen tremendous growth over the years. This growth has spurred growth in all the other sectors in the economy enabling Kenya’s economy to emerge as East Africa’s largest economy. The growth in the financial sector has been driven by the innovation and dynamism of the banking sector. As compared to the other banks in the region, Kenya’s banking sector shows significant depth, diversity, and sophistication. Despite the impressive growth, dynamism...
ABSTRACT The main purpose of this study was to determine the effect of energy price liberalization on economic growth in Kenya. Energy sector is an important component of economy, and just like other goods and services, energy price affects its demand, supply and use. The use of energy is embedded in the production function that leads to economic growth. In Kenya, the energy sector contributes about 9.49 percent of GDP with the petroleum sector, electricity sector and fuel wood sector contrib...
ABSTRACT Kenya’s development agenda and initiatives has been faced with historical challenges ranging from the top-down approach in development, allocation, and direction of huge resources to unplanned and unforeseen projects, poor inception, implementation, and completion of projects. Public participation is the fundamental standard of our democracy and has gotten one of the significant conditions which are basic for the usage of projects. During the promulgation of the new Constitution, 2...
xii ABSTRACT Strategic planning is important for strategic management of organization as the success of the organization is dependent on external environment and how it aligns its resources internally to exploit opportunities and cover its weaknesses. The study aimed to investigate the effects of strategic planning on organizational performance. The main objective was to specifically establish the effects of strategic planning on strategic implementation, evaluation, work environment and mana...
ABSTRACT Agricultural activities contribute about 33% of the East African Community‟s Gross Domestic Product (World Bank, 2009), 80 per cent of the populace depend on agriculture directly and indirectly for food, employment and income, while about 40 million people in EAC suffer from hunger. Intra-EAC trade is very low, that is, at 9 per cent of the total regional trade, but it is on upward trend. Agricultural trade accounts for over 40 per cent of the intra-EAC trade. This study investigat...
ABSTRACT The concept of job satisfaction has been having a widespread interest but very little attention has been focused on job satisfaction amongst Parliamentary Joint Services employees in Kenya. This is because the majority of the studies conducted on job satisfaction have focused on measuring levels of job satisfaction of employees rather than determining which factors influence job satisfaction on an employee. This study intended to evaluate the determinants of employee job satisfaction...
ABSTRACT Kenya and generally Sub-Saharan Africa has been experiencing a severe decline in soil fertility which has resulted in low crop productivity, thereby threatening country’s and the region’s efforts to overcome some of the challenges including food insecurity, malnutrition, poverty, and general unemployment. While efforts have been put in place to improve the declining fertility of soils including development and importation of new soil fertility management (SFM) techniques and tech...
ABSTRACT Quality in servicing customers is an important marketing construct for banks. In today's turbulent economic environment service quality is an invaluable asset that banks should manage in order to survive and gain a competitive advantage. Despite the realization of the importance of service quality in the banking sector, there is still evidence of challenges on quality of the service which leads to customer satisfaction. Implementation of balanced score card perspectives can help...
ABSTRACT Youth empowerment is vital for any nation. Most Kenyan youths aspire to get white-collar jobs after completing education in order to build self and the nation. To most, achieving their career goals after the 8-4-4 education system is the most critical thing hence they will not settle for anything less than what they have trained for. The Government of Kenya has made efforts over the years to empower the youth by coming up with policies that enable the youth to venture in education as...
ABSTRACT As the rate of economic growth increases, organizations become more complex. People, processes, rules, strategies, and basic units become more involving. Therefore, change in style and procedures of organizational management are inevitable. In Kenya, there are several reforms in governance and management of public institutions, parastatals and Government Owned Entities (GOEs). However, not all reform initiatives have proved efficient and effective for the public organizations in pu...
ABSTRACT In an attempt to foster the delivery of healthcare services, the county governments have been actively implementing healthcare policies. However, the devolved units have been facing a number of challenges. The current sought to examine the determinants affect the implementation of health policy within Mandera County. The research specifically examined how procurement process, budgetary allocation and leadership practices affect the implementation of health policy in Mandera County. T...
ABSTRACT The Constituencies Development Fund is one of the decentralized efforts started by Government of Kenya to tackle poverty and regional imbalances in Kenya since 2003. It has allocated over 40 per cent of the resources annually to education sector including bursaries. However, doubts have been cast over time as to whether the Fund’s expenditure is effectively targeted towards meeting the needs of the poor as anticipated especially in the education bursaries that take substantial reso...
ABSTRACT Of recent, advances in electronic communications have played an increasing role in changing the microstructure of financial markets. Many stock exchanges across the world are gradually replacing their traditional physically convened markets with electronic markets. For securities markets to contribute to wealth maximization objective of investors and economic growth, they need to be efficient in terms of securities’ price discovery process. The Nairobi Securities Exchange (NSE) ...
ABSTRACT Women-owned enterprises have been recognized as an important driver of innovation, employment, productivity, and economic growth. Women owned-enterprises in Kitui County have not performed well over the years. This is attributed to numerous barriers to women-owned enterprises including access to credit, networks, training, and information as well as policy and legal constraints. The purpose of the study was to investigate the relationship between access to credit and success of women...