ABSTRACT The Central Bank of Kenya annual supervision report, 2018 showed there has been low performance incidence of MFIs attributed to factors such as the rising levels of nonperforming loans measured as a percentage of gross non-performing loan divided by net advances to customers from 7% in 2011 to 16% in 2016, a situation that has adversely impacted on their profitability which as per the CBK year 2018 supervisory report indicated a 447 percent increase in reported loss of Kes 935.1mill...
ABSTRACT Good performance of Kenya’s county government is critical due to the important role that these governments play in the country. In Garissa County, the revenue collected in the year 2014/2015 was Ksh 96 million while the targeted revenue was Ksh 500 million per year and therefore the county fell short of its revenue collection target. In the year 2013/2014 the revenue collected was Ksh 39.5 million while the targeted revenue was Ksh 500 million per year. This therefore has led to t...
ABSTRACT Compensation and benefits are two of the best tools for companies to recruit and retain quality employees. Enticing benefits and compensation also help existing employees stay motivated to excel each day at work. This study analyzedthe influences of compensation systems on employee performance in the MFIs. The study guided by specific objectives which are to establish how salary, commissions and bonuses affect the employee performance of deposit micro finances in Nyeri. The study so...
ABSTRACT Workplace diversity in multicultural organizations is increasingly becoming an important issue for the business in the era of globalization since it affects productivity and efficiency of the workforce. This Research Project focuses on Workplace Diversity Management Effects on Implementation of Human Resource Management Practices in the Ministry of Health, Kenya. The study research objectives were related to demographic factors, cultural factors, diversity management programs and di...
ABSTRACT Workplace diversity in multicultural organizations is increasingly becoming an important issue for the business in the era of globalization since it affects productivity and efficiency of the workforce. This Research Project focuses on Workplace Diversity Management Effects on Implementation of Human Resource Management Practices in the Ministry of Health, Kenya. The study research objectives were related to demographic factors, cultural factors, diversity management programs and di...
ABSTRACT Saving and credit Co-operatives are more preferred in developing economies since they contribute to the promotion of total human development, improve the living standards of its members, promote personal-development and self-reliance, assist in creating initiatives, mobilisation of member savings and offering credit to members at affordable rates. However, in spite of the inherent advantages, their existence is inhibited by a number of challenges such as inadequate member commitment...
ABSTRACT In recent years there has been an increase in using Enterprise Resource Planning (ERP) systems in large companies and government corporations mainly in developed countries. While there is wide adoption of ERP systems in Western economies, developing countries lag far behind. However, due to recent economic growth, developing countries such as Kenya are increasingly becoming major targets of ERP vendors. There is an urgent need for understanding ERP implementation issues in developin...
ABSTRACT Over the years, through the Institute of Certified Public Accountants of Kenya, practitioners have championed the adoption of Public sector accounting standard (IPSAS) in Kenya. However, much of this took place in boardrooms, conferences and seminars. It was not until 2014 when treasury, the auditor general and Ernest and Young teamed up to steer the IPSAS adoption in the central government, that the implementation actually commenced. This research assessed the impact of implementat...
ABSTRACT The past recent years have seen changes in the Kenyan economy and commercial banks have not been spared from the impact of these changes which includes: interest rate capping; increasing competition from financial technology companies and increased Consumer expectations as well as political interference. These challenges possess financial pressure to the bank hence losses and create risk to Kenya’s financial stability if allowed to persist in the long term. Majority of commercial ...
ABSTRACT This study examines micro entrepreneurial environment and profitability of micro small bar ventures in beverage industry in Kasarani Sub-county Nairobi Kenya. The study was motivated by the rapid changes that threaten to destabilize the industry if not checked. Further, the regulations in the beverage industry particularly in bar ventures have had a myriad of effects eminent among them being that which affect the operations of small bar ventures either directly or indirectly thus pu...
ABSTRACT The study sought to determine the relationship between mortgage financing and profitability of commercial banks in Kenya. Lending is one of the main activities of banks in Kenya and other parts of the world. Mortgage loans have become an important aspect of loan portfolio among commercial banks in Kenya, earning commercial banks‟ profits like other type of loans. Profitability, it is always associated with performance and productivity. Mortgage financing over the years has been a ...
ABSTRACT There have been numerous complaints by scholars, researchers, professionals and consultants that CDF projects are not performing. The speed at which the government deals with the grey areas of CDF funded projects management will determine the realization of the Kenya Vision 2030 whose main objective is to transform Kenya’s economy through the well-intended devolved CDF fund projects. Devolution of resources to the decentralized government is a national Government move. The issue i...
ABSTRACT Mobile banking is an administration given by commercial organizations in participation with cell phone administrators. Mobile banking is evolving as the new front on which banks can differentiate their service delivery as a form of financial innovations. Hence financial innovations have been largely adopted by local banks to enhance profitability. More and more banks are strategically launching newer and newer mobile banking platforms. At the same time, improved financial performanc...
ABSTRACT Small and Medium Enterprises play an important role towards economic growth and development in Kenya at large. Studies have indicated that there is a relationship between firm characteristics such as profitability, asset structure, firm size, age and capital structure of small enterprises. However, iinconsistencies have partly been traced on methodological issues majorly differences in measurement of variables and study designs. In addition, there is limited evidence on their capita...
Abstract The use of performance contracts has been acclaimed as an effective and promising means of improving the performance of public enterprises as well as government departments. The public sector in Kenya is faced with the challenge of poor and declining performance, which inhibits realization of sustainable economic growth. The Public sector had consistently fallen below expectations. A review of literature shows that several studies on performance contract have been carried out. Kobia...