ABSTRACT The effect of government size on economic growth has given rise to conflicting views among economists. Some view a large government size as harmful to economic growth due to inefficiencies inherent in government. The other group of economists argues that a larger size of government is likely to enhance economic growth. Kenya’s public expenditure has been experiencing rapid growth since 1963, while GDP growth over the same period has not followed the same path. The main objective of...
ABSTRACT To determine the correct mix of dividend and retained earnings and how it affects profitability has been a subject in Literature of financial management. This research came in to contribute to the on-going debate by examining the relationship between dividend pay-out and financial performance of manufacturing firms listed in the Nairobi Securities Exchange. The key motivation was to establish if the findings of this study are consistent with prior empirical studies as found in both S...
ABSTRACT Many commercial banks in the world are experiencing high rates of employees’ turnover which have been affecting the overall bank performance. High rates of employee turnover mostly have a negative effects of the profitability of many commercial banks when not managed properly In Kenya, the banking industry has witnessed high employee turnover rates for the past five years and this has affected banks performance in terms of profitability; quality of banks services and level of custo...
ABSTRACT Tax plays a vital role in Kenyan economy as it finances the public expenditure of the country. Due to increased public spending, there is need to increase the revenue base. One of the sources of revenue for the Government is taxation. This calls for increase in compliance by tax payers as this increase in revenue may not be possible if the taxpayers are not compliant. One of the reforms which have been put in place by Kenya Revenue Authority to enhance tax collection is the online s...
ABSTRACT In the developing nations of Sub-Saharan Africa, providing households with modern energy services is a critical step towards development. A large majority of households in the region rely on traditional biomass fuels for cooking, which represent a significant proportion of energy used in the domestic setting. The disadvantages of these fuels are many: they are inefficient energy carriers and their heat is difficult to control; they produce dangerous emissions; and their current rate ...
ABSTRACT In any government, the constitution of line ministries and selection of Cabinet Secretaries (CSs) is influenced by key ecological factors that include: social, political, economic, cultural, legal, historical, and to an extension global. This is espoused in the Contingency Theory. Although the Constitution of Kenya (CoK) 2010 offers guiding principles on design of the Cabinet, its formation remains in contention. The following external environmental factors for the purposes of this s...
ABSTRACT The Savings and Credit Cooperatives subsector is a key player in the provision of financial services to Kenyans. Savings and Credit Cooperative Societies play an important role in pooling of financial resources needed for investment and wealth creation. However, although the Savings and Credit Cooperative Societies spur economic growth through mobilization of domestic savings, it has been noted that several of them have been unable to fulfill their mandate of providing loans and ...
ABSTRACT In Kenya, the housing sector has been characterized by inadequacy of affordable and decent housing. There is a paucity of studies on the lack of growth and development of viable alternatives to the traditional real estate growth model despite incentives such as waiver of corporate tax on such products. Equally, there is a glaring lack of literature on enablers and constrains to the uptake of REIT in Kenyan market. The general objective of the study was to find out the determinants of...
ABSTRACT The independent variables of the study were; automation, information technology and human capital information systems while the dependent variable was field cost. The purpose of this study was to determine Tea Production Automation Influence on Selected Multinational Tea Companies Field Costs in Kericho and Bomet Counties, Kenya. The specific objectives which guided the study were to; examine the effect of automation, Information Technology and Human Capital information systems on Fi...
ABSTRACT ICT innovation has revolutionized the banking sector in a bigger way and their application has led into emergence of internet banking. As a result, consumers are shifting from tradition channels to digital ones leading to the new and popular trends of financial transactions. This research seeks to examine influence of internet banking on savings among low cadre employees in tea industry in Kenya. The specific objectives were: To determine the effect of Mobile Network Operations, esta...
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...