Since the global financial turmoil in 2008, which led to the fall down of financial institutions, there is an increased focus on risk management practices in financial institutions globally. Being an essential tool for risk management and investment reasons, the usage of derivatives has grown speedily lately. Interest rate and currency risks represent the key forms of risks faced by the banks due to their volatility. While several empirical studies have been conducted in the developed financi...
Education creates a platform upon which economic, social and political prosperity of any nation is founded. Investment in education can help bring about economic growth, improve productivity, contribute to social and national development and lead to reduction in social inequality. This study was therefore to affirm the above sentiments by confirming whether physical resources in any way relate to internal efficiency in secondary schools of Tana River County. The study specifically sought to e...
Performance of food manufacturing firms has been on a declining trend leading to the relocation of some firms to other countries. As a result, the country has been experiencing frequent food deficits. The search for how performance can be enhanced has led scholars and managers to consider dynamic capability to be at the heart of firm strategy. This study, therefore, sought to examine how dynamic capabilities influence the performance of selected manufacturing firms in Kenya. The specific obje...
The Kenyan government introduced free primary education in 2003 in order to fulfill the commitments of the World education forum of 2000 as well as to make education accessible to all school age children irrespective of their social class. This initiative led to an upsurge in primary school enrolments with the resultant effects of numerous strains on human and material resources, high dropout rates and poor performance in national examinations. As a result of this, the government has been und...
Micro and small enterprises are pivotal to the Kenyan economy through employment creation, provision of goods and services, fostering innovation and enhancing competition. Research has however shown that most of these enterprises experience stagnated growth with 46 percent closing business within the first year of their operation. Key among the reasons for closing business is due to shortage of operating funds and lack of proper managerial skills to carry out the day-day operations of the ent...
The East African Community partner states are in the process of forming a monetary union and it is expected to be complete by the year 2023. The idea of a monetary union is not new in East Africa, this is because, Kenya, Uganda and Tanzania already had a monetary union during the British colonial administration under East African Currency Board. These countries had the East African shilling as a common currency. However, the East African countries have been unable to form a monetary union in ...
Banks are the primary intermediaries for the reason that in various countries of the world, they carry out financial intermediation. Through the years, different countries have gone through an unprecedented number of failures in the commercial banks internationally. These failures have prompted the need for a more serious focus on suitable methods of improving the financial performance of national financial systems. Further than the intermediation task, the banks’ financial performance of b...
The discussion of the link between personality types and strategic change by scholars today is compounded by the contradicting findings as how personality types influence implementation of strategic change. While some studies reveal positive correlation between personality types and the strategic change implementation initiatives, some studies indicated negative relationships. In Kenya and specifically the Judiciary of Kenya, the rationale to understand how personality affects the i...
Secondary school students’ performance in KCSE over the last four years (2013 to 2016) has been skewed towards low grades nationally and Nairobi County specifically. Much research effort has been directed at investigating psychological factors such as weak academic motivation and self-handicapping as possible causes of poor academic performance. Less focus has been on school psychological environment and achievement goals which may contribute towards students’ academic performance. The pu...
Many organisations have had to conduct strategy management process so as to attain competitive advantage in a very dynamic business environment. However, despite these strategies being well formulated and planned, they do not seem to deliver the desired outcomes. Several studies has been done over the years to determine the relationship between strategy implementation and performance of an organisation. The studies are not conclusive and that they do not look at how implementation of specif...
Small to medium-sized enterprises (SMEs) is regarded as the main employment source, technological advancements, and competitive advantages for both developed and developing countries. As a result of competitive pressure and the need for growth in line with increasing its profits margins, these businesses are increasingly employing Information Technology (IT) to take advantage of its benefits. The purpose of this study was to assess the effects of using information and communication technology...
Financial literacy enhances effective use of financial services, promotes technical progress, promotes economic growth and development and aids in poverty reduction. However, Fin Access survey data shows that 17 per cent of Kenyans are financially excluded as in 2016 while enrolment in primary, secondary, and post-secondary between 2000 and 2016 increased by 66, 259, and 431 per cent respectively. This implies that increased school enrolment has not translated to reduced financial exclusion s...
The beverage sector in Kenya has consistently been characterized by persistent operational inefficiency and poor customer services. In order to address the problems of inefficiency in service delivery these organizations are fast adopting quality management in order to make them effective in meeting public demands. The beverage sector in the entire world is getting competitive every day due to the changes in technology and quality issues. In order to be successful in quality service delivery ...
Developing effective ways in revenue collection has been an important matter in tax and revenue collection. The advent of new instruments to help businesses work more efficiently affects the way taxes and revenues are collected. Despite the county governments considerable achievements in minimizing customer compliance costs, there is need for the counties to continue enhancing its service delivery. The general objective of this study was to investigate computerized enterprise resource plannin...
External reserves are recognized as key ingredients for financing international trade. The fall in Nigeria's external reserves has been of great concern as this has caused panic in both the economic and political environment. This is because Nigeria greatly depends on its external reserves for import cover, exchange rate stability and for international ranking. In 2014, external reserves for Nigeria went below three months import cover, which is the International Monetary Fund, stipulated opt...