ABSTRACT The government of Kenya, assisted by donor agencies, has since the 1980s, sought to enhance workers‘ productivity in the informal sector. To achieve this objective, the strategy adopted was to replace the use of archaic indigenous and inappropriate imported technologies with locally designed and produced adapted technology. Although since its inception in 1979,KIRDI has been adapting imported technology for use by entrepreneurs in the informal sector, the rate of adoption has been ...
ABSTRACT Public debt in Kenya has consistently risen overtime, with larger portion being debt from external sources. Both positive and negative effects of debt have been experienced in Kenya since independence. In the last one decade external debt has been rising sharply relative to economic growth of the country, which seems to be stagnant overtime. Additionally, the country has been reporting several cases of corruption and mismanagement of public revenue at different levels of public and ...
ABSTRACT Herbal medicine, commonly referred to as alternative medicine, has been treated with a lot of skepticism among the conventional medicine practitioners. It has been described as inferior to conventional medicine with no proven safety and efficacy, perhaps only associated with rural areas where conventional medicine is not easily accessible. Thus, with economic progress and advancements in conventional medicine, one would expect decline in herbal medicine consumption. In Kenya, 70% of...
ABSTRACT The East African Community member states face challenges in mobilizing tax revenues to the required level which is suitable for economic growth enhancement and attaining fiscal sustainability. Tax reforms have been implemented in the region with the main objective of mobilizing more tax revenues. However, the tax revenue collections have been inadequate leading to persistent budget deficits which shows the inability of the tax system to generate sufficient revenues to finance public...
ABSTRACT The government of Kenya has increased budgetary allocation to the education sector in its effort to achieve universal primary education and in line with the Social Pillar of Vision 2030 and global Sustainable Development Goal number four of Universal Primary Education. The budget allocation increased from 6.2 percent of Gross Domestic Product in 2002/03 to 7.4 percent in 2005/06. It, however, dropped to 5.3 percent in 2014/15 and further to 5.24 in 2017/18. As a result, Gross Enrolm...
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 investiga...
ABSTRACT Creation of productive and sustainable employment opportunities remains a key policy priority of most countries including Kenya. Employment creation in Kenya has been based on the premise that high economic growth should translate to more employment opportunities. Kenya has experienced varying rates of economic growth. Despite the increase in growth rates, Kenya’s employment elasticity declined from 1.28 in 1992-1996 to 0.5 and 0.38 in 2004-2008 and 2009-2016 respectively. The decl...
ABSTRACT The implementation of the Kenya vision 2030, coupled with financing expenditures under the devolved government in the new constitution requires enormous resources. The vision requires the government to ensure that the bulk of its expenditures are met from tax revenue and that overall expenditure should be controlled to ensure stable macroeconomic environment. The Government of Kenya continued to carry out tax reforms over the years with an aim of improving taxation efficiency and in...
ABSTRACT Despite the significant monitoring of training offered by universities in Kenya, the number of unemployed graduates due to perceived lack of quality and work-related skills is rising. Key policy makers are reluctant to admit the extent of Kenya‟s graduate unemployment, while employers apportion more blame to the universities. In turn, the universities blame employers for „locking out‟ students from opportunities to gain relevant work experience. The purpose of this study was to...
ABSTRACT The Kenya government, in collaboration with other stakeholders involved in the provision of family planning services, have put in place various strategies and policies to increase uptake of family planning services. These are aimed at increasing contraceptive prevalence rate (CPR), reduction in both total fertility rate (TFR) and unmet need for family planning services. Despite the various strategies and policies, total fertility rate still remains high at 4.6 percent, while CPR and ...
ABSTRACT Good health plays an important role in boosting economic growth, poverty reduction and the realization of social goals. However, the Survey of Health Care Utilisation and Expenditure of 2013 found that the high cost of health care was one of the major reason cited by households for not seeking health care. Moreover, out-ofpocket (OOP) payment for healthcare is the main source of health care financing in Kenya. OOP spending on outpatient care and inpatient services accounted for appr...
ABSTRACT The importance of bilateral relations to any country is to offer the country the chance to access resources that are not locally available. The bilateral relations between China and Kenya have been developing and evolving since Kenya‟s independence. This study sought to examine the effect of Kenya‟s bilateral relations with China on economic growth of Kenya. The objectives of the study were to assess the effect of China‟s Loans, FDI and AID on Kenya‟s economic growth. The st...
ABSTRACT The study aimed at establishing the effects of regional financial integration on economic growth and intra-regional trade in East African Community (EAC) Countries. The motivation was based on the conflicting views on the effect of regional financial integration on economic growth and intraregional trade. In order to achieve the objectives of the study, both quantitative and qualitative data were used. Data for the period 2000 to 2009 for Kenya, Uganda, Tanzania and Rwanda were emplo...
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...