ABSTRACT The failure of several large corporations at the global stage has been attributed to weak or ineffective financial control. ,.D., recent example is the large United States of America (US) insurance organization, American International Group (AIG), which in May 2005, reduced its 2004 profits by $2.7 billion due to accounting errors over the period 2001 to 2004. In the energy industry, some of the big corporations that have suffered huge losses attributed to failure in their accountin...
ABSTRACT Successful adoption, sustainability and growth of Livestock related rural livelihood support initiatives by the Kenya Government and NGOs in Meru South District of Kenya's Eastern Province is dependent on various factors. These include training, structure and governance of projects, weather patterns, marketing, Government support and community involvement. The main objective of the study was to get farmers inputs on how these factors affect them within the target population and also...
ABSTRACT The Central bank of Kenya continues to support innovations that will broaden the financial inclusion of the majority of the Kenyans. The financial access survey of 2009 shows that 32% of Kenya's bankable population remains totally out of the orbit of financial services and many more being served by the informal financial system (CBK 2009). The Central bank took extensive reviews of the agent banking. A study by Bankable associate Frontier International Consultancy Firm was commissio...
ABSTRACT According to the balance sheet of many Financial Institutions in Kenya NPLS has continued to be a big problem. This has deviated management time towards implementation of better credit management techniques which will help to reduce the level of the NPLS. This study was aimed at establishing the techniques that are mostly used by mortgage companies in Kenya and why some are preferred than others. Primary data was collected from the mortgage companies based in Nairobi and secondary d...
ABSTRACT The importance of the SSE sector as a source of income and employment for poor households in Kenya has been widely acknowledged since the publication of the ILO report of 1972. The performance of a firm depends on the management of the firm. In addition, the financing of a firm will also depend upon the structure and quality of its management. Small businesses lead the way in creating jobs. Small businesses are also the leaders in offering training and advancement opportunities ...
ABSTRACT Access to financial services by self-employed persons in small business enterprises is one of the limiting factors that inhibit growth and development of these small businesses. The problem of accessibility is created by lending institutions through their lending policies. This is displayed in the form of prescribed minimum loan amounts, complicated application procedures and restricting credit for specific purposes. For small business enterprises, reliable access to short-term cred...
ABSTRACT The economic growth and taxes are very important aspects in the development of any economy. This research analyses the tax rate that optimize economic growth in Kenya. The specific objectives of the study were to: To establish the effect of tax rate on economic growth in Kenya and to determine the tax rate that maximizes economic growth. This study adopts the Scully model and a balanced budget approach that is revenue being equal to expenditure using time series data from the period...
ABSTRACT In order for strategy implementation to be successful, there is need for a clear alignment and synergy between all the factors or parameters that make up an organization; customers, processes, people or employees and capital or financials. Today's organizations recognize that competitive advantage comes through intangible knowledge, capabilities and relationships created by employees, and not from physical assets and access to capital. Leading companies agree on the need to have a s...
ABSTRACT The essence of this research was to determine the major constraints that influence the development of Micro and Small Enterprises in Mwiki Kasara . During the past two decades a lot of attention has been drawn to the important role that MSEs play in employment creation. The government and other key players have taken positive steps to create an enabling environment to support the creation and existence of MSEs. However the growth and development of this sector has stagnated. Many en...
ABSTRACT In the rapidly changing knowledge economy, workers must constantly acquire new skills. The efficiency of organizations in these economies depends directly on how well its members are trained. Immediately after induction and usually combined with it is the function of developing the employee's ability to do the job on which has been placed on them. Training is seen as the process by which organizations build the skills and abilities of employees. Most skill acquisition takes place du...
ABSTRACT This study has examined the costs incurred by Microfinance institutions in late, early or no response to the HIV/AIDs pandemic in Kenya. The general objective of the study was to investigate the costs of MFls in response to HIV/AIDS crisis in Kenya. The basic objectives of the study are: to identify and analyze the costs incurred by MFls in response to HIV/AIDs effects to their clients; to examine how staff administration costs are affected as a result of MFI staff being infected or...
ABSTRACT Kenya hopes to achieve her dream of education by the year 2015, and be industrialized by the year 2020. The role of education in realizing these goals cannot be underscored. This is because they are responsible of ensuring there is effective and efficient implementation of education policies. The concern of this study was to ascertain whether there is any assessment conducted for training needs of education managers in Kenya. Often there have been reported cases of mismanagement of ...
ABSTRACT This study analyses the constraints to smallholder credit farm investment. The data for the study were collected in Majoge Chache Location, Kisii District. A total of 40 respondents were ' interviewed for a period extending from 17th of July to the 5th of August, 1995. A list of farmers in Majoge Chache Location who had borrowed funds for investment in coffee farms was obtained from the Loans Officer based at Ogembo Divisional Headquarters. Following the list, systematic sampling pr...
ABSTRACT Electrical power project like most of the construction projects are complex, dynamic, unique and prone to uncertainties, hence pose challenges even to the best of the project managers. The project team faces unprecedented changes in addition to constraints of budgets, time and quality. Review of literature reveals diverging opinions as to which factors are critical for successful implementation of a project in a given industry and environment. Moreover there are few studies on criti...
ABSTRACT In Kenya the responsibility for the promotion, growth and development of the cooperative sector has been given to the Ministry of Co-operative Development and Marketing. This sector has made tremendous contribution towards wealth and employment creation. Currently there are over 10,800 registered Co-operative Societies with a membership of over 6 million, (Mutua &Oyugi, 2006). Co-operatives are the most practical ways of pulling resources together and accessing credit easily among t...