The trading with derivatives has developed over a long period of time though the greatest impact has been felt over the last three decades. Derivatives markets have changed overtime from trading with the simple contracts to very advanced and exotic instruments. Though Kenya has been lagging behind in the derivative markets development, a… Continue Reading
Technological changes and innovation in any economy play a pivotal role in reducing operational expenses and increasing total factor productivity. The Kenyan banking sector is characterized by operational inefficiency in the factors of production as evidenced by high operational expenses. The inefficiency in the factors of production… Continue Reading
The non-performing loans ratio among Kenyan lenders rose to a 10-year high in the third quarter of the year 2018 as commercial banks struggled with loan defaults in a tough economic environment. The rise has mainly been driven by business borrowers and has affected largely banks in tier 2 and 3, a research report by Standard Investment… Continue Reading
Resources are scarce. Public and private entities must ensure that available resources are allocated efficiently and utilized for the intended purposes in order to achieve strategic objectives. In Kenya, the principles of public finance are enshrined both in the constitutions and various legislations, the most important of which is the… Continue Reading
Financial performance of insurance companies has been declining due the decrease in profitability as a result of the rise in competition, changes in technology, deregulation and as well as globalization. The collaboration between insurance companies and financial institutions to distribute or cross-sell insurance products, through… Continue Reading
Most SOEs are faced with a challenge of poor financial management as reflected in misuse of financial resources and inefficiencies in internal control systems. At the same time, most state-owned enterprises (SOEs) have consistently been making losses and some of the reasons cited are lack of sound financial management, poor reporting and… Continue Reading
The performance of commercial banks in Kenya has been declining in the recent years evidenced by decline in return on assets and return on equity from 3.99 percent and 24.7 percent in 2016 to 3.5 percent and 22.5 percent in 2018. This trend indicates a challenge in the entire banking industry regarding profitability. Agency banking was… Continue Reading
The purpose of this study was to establish impact of compliance review audits on financial performance of donor funded organizations in Nyeri County, Kenya. Donor funded organizations are supposed to conform to grant and loan conditions established by donor organizations and communities. One shortfall that has greatly affected the… Continue Reading
Group based lending has been synonymous with most borrowers of the lower economic end in the developing world and this is no exemption to borrowers in Kenya. For a long time low income earners had been left out and were previously unbanked. The microfinance model through group lending has ensured inclusion of these players to the economy.… Continue Reading
Kenya is seeking to meet the Sustainable Development Goals-2030 agenda. The serious challenge to this course remains the soaring debt obligations, capturing a significant portion of the national budget. Kenya has been borrowing externally at higher rates and continually expanding the debt ceiling. The government will therefore in future… Continue Reading
Information technology has changed the traditional ways of doing business to a digital and electronic way that has led to globalization. The banking industry has been forced by the wave of electronic payment system in the business environment to change from its traditional ways such as: long queues as customers waited to be served, delay in… Continue Reading
Current account is one of the components in the Balance of Payment of a country. It covers all the transactions that involve the real sources (goods, services, income).It comprises the international balances of transactions in trade of goods and services, factor income and current transfers. Current account balance is significant because it is key… Continue Reading
Since independence, oil imports in Kenya have been rising mainly to sustain the nascent transport, manufacturing, energy, agriculture and maritime sectors among other uses in the country. The growth in the country’s oil import bill has however been closely related to public spending in the health and education sectors which experienced shocks… Continue Reading
The effect of nutrition education programme on food related knowledge, attitudes, beliefs and practices of literate women in Pankshin community was investigated using quasi-experimental design. The non-randomized control group, pretest-posttest quasiexperimental design was employed for the study. The population for the study comprised 1,807… Continue Reading
The Nigerian banking sector plays a major role in economic development in any country. These they do, through financial intermediation and other banking functions to encourage real sector or innovate productive activities. However, distress in banking sector cannot be totally erased because like other forms of businesses, risks are… Continue Reading
PROPOSAL Co-operative financing agency are not different from other type of business with respect to efficient management of their funds they are required to used fund very carefully and Judiciously because their source of funds tend to be limited. The peculiar limitation imposed by co-operative principle make it very difficult… Continue Reading
TABLE OF CONTENTS Title page i … Continue Reading
TABLE OF CONTENTS Title page i … Continue Reading
The main goal of this paper is to examine the relationship between crude oil and oil product prices. Many observers have attributed to part of spike in oil products price is because of lack of competition and demand and supply which prompts sellers to increase prices hence increased profit margins. However, according to Bacon (1991),… Continue Reading
This study investigates the antecedents and consequences of board interlocks on the Ghana Stock Exchange. The study looks at how factors such as the auditor network, industry network, foreign or local ownership network, gender effect, age effect, gender homophile and age homophile could influence the formation of interlocks between firms.… Continue Reading
Sub-Saharan Africa (SSA) has attracted substantial amounts of Official Development Assistance (ODA) over the years. General ODA flows to the continent currently stands at around $80 billion per annum and the figure is projected to be well above $125 billion due to the Sustainable Development Goals. Over the last five decades, SSA has… Continue Reading
The importance of financial inclusion especially in the developing world cannot be overemphasized. Several researches have pointed to the positive impact of financial inclusion on poverty reduction and financial integration. Provision of suitable financial services by traditional banks is hampered by poor road infrastructure, high cost of… Continue Reading
TABLE OF CONTENTS Title page i Certification ii Dedication iii Acknowledgement iv Table of Contents vi List of Tables x Abstract xii CHAPTER ONE: INTRODUCTION 1.1 Background to the Study 1 1.2 Statement of the Problem 3 1.3 Research Questions 6 1.4 Research Objectives 6 1.5 Research Hypotheses 7 1.6 Justification of the Study 7 1.7 Scope of the… Continue Reading
TABLE OF CONTENTS Title page i Certification ii Dedication iii Acknowledgement iv Table of Contents vi List of Tables x Abstract xii CHAPTER ONE: INTRODUCTION 1.1 Background to the Study 1 1.2 Statement of the Problem 5 1.3 Research Questions 6 1.4 Objective of the Study 6 1.5 Hypotheses of the Study 7 1.6 Justification of the Study 7 1.7 Scope of… Continue Reading
CHAPTER ONE INTRODUCTION The importance of accurate stock control in an Organization cannot be over emphasized no matter how diligent the job of control (computerized or manual). Some discrepancies are bound to occur. The system is operated by people, and people sometimes make mistakes. Every inventory item should be physically counted and checked… Continue Reading