In comparison to their counterparts in the upper and middle-income groups, low-income earners incur costs and time in search for housing. This is attributed to the existing effective and efficient sources of housing information which are skewed towards serving the upper and middle-income earners excluding the low-income group. The study therefore examined the utilization of sources of rental housing information among the low-income earners in urban areas in Kenya. The specific objectives of...
Corporate entrepreneurship has been regarded an important element of successful organizations since it has its consequences in increasing productivity, improving best practices, creating new industries, enhancing international competitiveness. Corporate entrepreneurial orientation plays a critical role in influencing bank performance in competitive market in Kenya. For instance, Kenya Commercial Bank Kenya Limited embraced corporate entrepreneurial approach and expanded with branches opened i...
To thrive in the dynamic business environment, business entities have to embrace change as it becomes due. Management of change ensures business survival and also plays a key role in keeping the competitive edge of organizations. In the backdrop of the numerous dynamic shifts characterizing the banking sector environment in Kenya, it is imperative for commercial banks to come up with a clear change management framework as change is often speedy and complex. The purpose of this study was to de...
The central problem of this study was to trace the influence of socio-economic factors on transition from primary to secondary school level in Mwingi central Sub County; Kitui County. The transition rate to secondary school in Mwingi Central District stood at 66.5% in 2015, a transition rate below the government target of 70%. The study sought to establish the factors that influence transition to secondary school. The study also sought to relate the parental level of education and transi...
Expanding the manufacturing sector is a major part of the government‟s Vision 2030 economic development plan to transform Kenya into a middle-income country by growing the manufacturing to account for 20% of GDP by 2030 which is nearly twice today‟s level, at 10.6%. Addressing some outstanding constraints in the manufacturing sector is the panacea of achieving the goals. The main objective of this study is to evaluate the effects of TQM practices on performance of manufacturing firms in N...
The strength of banking systems is key in the stimulation of economic growth and development, creation of employment, domestic and foreign investment and poverty reduction. The banking sector in Kenya has been earmarked as a core pillar for the realization of Vision 2030 of making Kenya a middle-income nation through the provision of financial services and promoting macro-economic stability. From 2013 to 2019, the default rate demonstrates a loan default increase in the Kenyan banking industr...
In the era of globalization, market economy, hyper competition and rapid changing environment the success of an organization depends on the strategies adopted to improve Quality Work life of employees. The general objective of this study is to establish the relationship between Quality Work Life and the performance of public health workers at Kenyatta National Hospital. The specific objectives include examining the role of work environment on employee‟s performance, determining the effect o...
Employees are the most important resource in an organization. High performing organizations have remained focused on their employee feedback and thus, have achieved significant business results through enhanced levels of employee engagement. This implies that the organizational success is dependent on human resource and, attractive and competitive organizations constantly work towards increasing the value of their human resource through employee engagement strategies. Employee engagement is...
Kenya has experienced continuous exchange rate volatility since October 1993 when the fixed exchange rate regime was abolished and floatation of the Kenya shilling was introduced. The continuous volatility of exchange rate brings about increase in foreign exchange risk exposure which in turn leads to increase in transaction costs of companies. Higher transaction costs lower the expected earnings of companies which subsequently affect the market price of stocks hence, the value of companies an...
Kenya‟s insurance industry leads within the East Africa Community (the regional intergovernmental organization of the Republics of Kenya, Uganda, the United Republic of Tanzania, Republic of Rwanda and Republic of Burundi, with its headquarters in Arusha, Tanzania) and is a key player in the COMESA region. Despite this, the penetration of life insurance in Kenya has remained low at 0.94% of the GDP in 2009 and 1.05% of the GDP in 2010. This is considered to be very low compared to other cou...
Total Quality Management has advanced as an area of great interest to both researchers and practitioners. On a quarterly basis, the Government Press of Kenya, which is the largest of the four public printing firms in Kenya in this study, outputs an average of 10 million units of information products against a target of 12 million units. The top management has instituted quality management programmes in the public printing firms, including quality policies and they have appeared less comprehen...
In the face of major scandals leading to the collapse of large corporations, especially State owned ones, with disastrous social and economic consequences, the need for good corporate governance practices is increasingly taking center stage. The significance of good corporate governance hit world headlines in 2002, when major corporate failures occurred in United States (U.S). In Kenya, the question of corporate governance came up in 1990s in the advent of similar corporate scandals and misde...
Learning organization concept is learning with a much broader purpose commonly hailed as panacea for organizational success in a dynamic global economy. This focus on learning gives rise to a cognitive approach in which undivided beliefs and insights are viewed as critical influences on organizational effectiveness. This study sought to determine the effects of learning organization dimensions on the organizational performance of commercial banks within Ongata Rongai Township. The study was g...
Achieving a high and stable economic growth is one of the main objectives of any state but oil price fluctuations and its impact on inflation, exchange rate and on other macroeconomic variables may cause difficulties in attaining this goal. This study investigated empirically the channels through which oil price shocks affect economic activity in Kenya. Following existing literature, the study focused on five macroeconomic variables: real exchange rate, inflation, money supply, real GDP growt...
Improvement of road infrastructure was identified by the Kenyan Government in its Vision 2030 as one of the critical drivers of the country’s economic transformation. Whereas the Government has continued to invest heavily towards road construction, the challenge of delays in completion of road construction projects and cost overruns continue to hamper accelerated road improvement in the country. More than 50 percent of all road construction projects in Kenya are completed late with signific...