ABSTRACT Non-financial firms listed in the Nairobi Securities Exchange (NSE) have faced numerous challenges ranging from declining after tax profits, delisting or suspension at 21.3% between 2012 and 2018. This indicates that financial leverage also remains a challenge. Further, studies reviewed on leverage-performance and firm size-performance relationships posted mixed results. While the reported studies have been conducted elsewhere, no known study has attempted to integrate the three vari...
Abstract The purpose of this research is to make an exploratory study on the factors effecting repayment of Namibia Students Financial Assistance Fund (NSFAF) loans. The NSFAF has been riddled with challenges and currently owed over N$400 million in student loans. The student beneficiaries have argued that they will not pay their loans back because the loans should be turned into grants. The beneficiaries’ argument was that they are already burdened with rentals, transport, food and increa...
ABSTRACT The micro-business sector in Namibia plays a major role towards job creation. Micro-businesses in Namibia contribute about 14% to the Gross Domestic Product (GDP) and also employ a significant number of youth. Though small in size, they impact the social lives of citizens and enhance national development. The study focused on comparing and analysing the bookkeeping and accounting practices inside and outside the Bokamoso Incubation Centre in Windhoek. The data collection instruments ...
Abstract This study evaluated audit committees in the government ministries in Namibia by assessing their composition, function and regulations governing them. The study used the qualitative method. A purposive sampling method was used as the researcher selected ministries with audit committees. Thematic and content analysis was used in this study. The researcher used primary and secondary data. On primary data, interviews were conducted and recorded with a voice recorder. Secondary data were...
ABSTRACT Studies on the effect of exchange rate risk on stock market returns have received prominent attention in literature. This is due to the important role that stock markets play in the mobilization of capital that has the potential to create economic and social development. The researcher used an experimental research design to evaluate the magnitude and statistical significance of the effects of exchange rate risk on stock market returns on the Namibian Stock Exchange (NSX). Secondary ...
ABSTRACT For more than a decade, human resource, organizational and institutional developments have become indispensable dimensions of Namibia’s socio economic development agenda, particularly of her system-wide financial performance. This study was set out to explore and establish the human resource, organizational and institutional development challenges facing the Municipality of Karibib within the context of financial performance. The central argument of the study is that human resource...
BSTRACT This thesis aimed at investigating the financing and affordability of higher education in Namibia. It will specifically look at how education is financed in Namibia and whether its affordability to those that provides students with funds to pay for all costs of studying. The study is guided by research objectives and used secondary data to compare similar works that were carried out by other researchers on financing and affordability of higher education. A quantitative approach was us...
Abstract A quantitative case study investigated the challenges encountered by low income earners in Otjomuise in raising finance for acquiring a dwelling. The simple random stratified sampling technique was used to sample the households, housing finance schemes and the commercial banks approached for the study. Using a questionnaire, the study investigated, firstly, the challenges encountered by low income earners in Otjomuise in raising finance for a dwelling through a housing finance scheme...
ABSTRACT Appropriate measurement, data and information are crucial pillars in facilitating the design of financial inclusion policies and interventions. The lack of reliable data is a barrier to financial inclusion and related evidence based policy making in developing nations. Whereas substantial work has been done on the gathering of demand-side financial inclusion information in Namibia through the FinScope consumer surveys of 2007 and 2011, comparatively less has been done on compiling th...
ABSTRACT Water is essential for the existence, development and preservation of all human life, making it an essential commodity in the world. Hence, this thesis aimed at analysing the pricing mechanism of water in Namibia, using a case study of NamWater. The study specifically looked at the water pricing mechanism being used by NamWater as well as the advantages and disadvantages of such a pricing mechanism. This study adopted a qualitative research method approach using a case study as the r...
Abstract This thesis explores whether or not revenue recognition, measurement and disclosure practices of companies in Namibia comply with International Accounting Standards on Revenue (IAS 18 Revenue). The research problem for this study is derived from the fact that when financial statement users are analysing the financial health of a firm reliance on the accuracy and reliability of financial statements issued by a firm. It is in compliance with IAS 18, which enhances the reliability of f...
ABSTRACT Social enterprises have the ability to impact nations economically, environmentally and socially by solving the most pressing problems through the provision of their innovative products and services. However, for social enterprises like special schools to deliver effective, efficient, innovative and quality services in response to their goals, they require sufficient and sustainable finances. Many researchers claim that lack of funding is one of the challenges that social enterprise...
ABSTRACT Tertiary education has become increasingly important, and is seen nearly everywhere as the engine of every country‘s economic growth. Despite the universal importance of tertiary education, fundamental financial problems, such as student debt, faced by institutions of higher education are experienced worldwide. The primary purpose of this study was to investigate the defaulted student account receivables at the University of Namibia (UNAM). Furthermore, the reasons investigated we...
ABSTRACT The international Fisher effect (IFE) is a theory in international finance that can be used to predict or estimate the movement in the bilateral exchange rate between any two currencies using nominal interest rate differentials. IFE states that the spot exchange rate between two currencies should move in the opposite direction with the interest rate differential between those countries. The aim of this study is to examine whether the IFE holds between Namibia and each of its five tr...
ABSTRACT The purpose of this study was to study the cash flows and operating loss in a parastatal – Air Namibia (Pty) Ltd for the period 01 April 2006 to 31 March 2011. This problem was chosen by the researcher to investigate the root causes of operational loss and cash flow problem faced by the parastatal.