...MICROFINANCE INSTITUTIONS AND ECONOMIC GROWTH OF SMALL & MICRO-ENTERPRISES (SMES) ACASE STUDY OF (UWMFO) MICRO FINANCE INSTITUTION BY HENRY EGYEYU DEDICATION To the memory of my grand father Daniel Egeyu Whose love & enthusiasm for academia first kindled mine? ABSTRACT This research study investigates the impact of microfinance institutions on entrepreneurial development of Small & Micro-enterprises (SMEs) that are craving for growth and development in a war revived district called Gulu. The researcher used questionnaire as an instrument of primary data collection. Tables and simple percentages were used in data presentation. For clear analysis, the study centers on two broad variables; the dependent variable which is entrepreneurial development and the independent variable which is microfinance institutions. Three different hypotheses were formulated and tested using various statistical tools such as chi-square test, analysis of variance and simple regression analysis. The study reveals that (i) there is a significant difference in the number of entrepreneurs who used microfinance institutions and those who do not use them; (ii) there is a significant effect of microfinance institutions activities in predicting entrepreneurial productivity; and (iii) that there is no significant effect of microfinance institutions activities in predicting entrepreneurial development. The researcher concludes...
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...TAX COMPETENCIES, COMPLIANCE COSTS AND INCOME TAX COMPLIANCE AMONG SMEs IN UGANDA BY ANNET NAKIWALA 2007/HD10/11264U A DISSERTATION SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT S FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE IN ACCOUNTING AND FINANCE OF MAKERERE UNIVERSITY September, 2010 TAXCOMPETENCIES, COMPLIANCE COSTS & INCOME TAX COMPLIANCE DECLARATION I, Annet Nakiwala, declare that this dissertation is my own work and that it has never been presented for a degree award at any other university. Signature: ………………………………………… Date: ……………………………………………… ii TAXCOMPETENCIES, COMPLIANCE COSTS & INCOME TAX COMPLIANCE APPROVAL This is to certify that this dissertation has been submitted in partial fulfillment of the requirement for the award of a Masters of Science degree in Accounting and Finance of Makerere University with my approval as University Supervisor. Joseph Ntayi (PhD) Supervisor Signature: ………………… Date: ……………………… Arthur Sserwanga Supervisor Signature: ………………… Date: …………………….. iii TAXCOMPETENCIES, COMPLIANCE COSTS & INCOME TAX COMPLIANCE DEDICATION I dedicate this entire effort to my late Mother Gorreth Nabagereka. We miss you dearly. iv TAXCOMPETENCIES, COMPLIANCE COSTS & INCOME TAX COMPLIANCE ACKNOWLEDGEMENTS Completion of this research has been a result of both direct and indirect support of many people to whom I owe acknowledgement. I owe profound gratitude to my supervisors Dr. Joseph Ntayi and...
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...IMPACT OF TAXATION ON PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN MUKONO TOWN COUNCIL BY WOLIJJA ROSERN REG. NO: 10/U/7704/EKE/PE A RESEARCH PROPOSAL SUBMITTED TO THE FACULTY OF ARTS AND SOCIAL SCIENCES IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF BACHELOR OF ARTS IN ECONOMICS OF KYAMBOGO UNIVERSITY JULY 2013 DECLARATION I………………………………… hereby declare to the academic board of Kyambogo University that this is my own work from my effort and that it has never been presented to any university or any institution of higher learning for the award of a diploma or a degree. Signed: ……………….. Name: Date:…………………… APPROVAL This is to certify that this research proposal by………………………………………………. ……………………………..Reg.No……………… carried out under my supervision. I recommend that it is now ready for submission to the academic board, Kyambogo University with my due approval. Signed: …………………Date: …………………….. MS University Supervisor Signed:………………… Date:…………………. Ms.……………………….. Supervisor DEDICATION I wish to dedicate this piece of work to my father Mr.………………..and my mother Mrs.……… who saw enlightenment in education and sent me to school. I also dedicate this report to my Supervisor Mr.………………………… who has struggled much so that I bring out good presentable...
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...2 1.1.2 History 2 1.2 Geographic scope - Areas of operation 3 1.3 Product/market scope 3 1.4 Source of competitive advantage 9 1.5 Significant changes and reasons for this 10 1.6 Growth patters- past strategies, present stategies 10 1.7 Performance record 18 1.8 Challenges facing KCB Group 22 References 22 1.1 INTRODUCTION 1.1.2 History The KCB Group is a significant institution in Kenya's banking and financial sector with an asset base of over KShs 170 billion. The history of KCB dates back to 1896 when its predecessor, the National Bank of India opened an outlet in Mombasa. Eight years later in 1904, the Bank extended its operations to Nairobi, which had become the Headquarters of the expanding railway line to Uganda. The next major change in the Bank’s history came in 1958. Grind lays Bank merged with the National Bank of India to form the National and Grind lays Bank (KCB, 2008). Upon independence the Government of Kenya acquired 60% shareholding in National & Grind lays Bank in an effort to bring banking closer to the majority of Kenyans. In 1970, the Government acquired 100% of the shares to take full control of the largest commercial bank in Kenya. National and Grind lays Bank was renamed Kenya Commercial Bank (KCB, 2008). In 1972, Savings & Loan (K) Ltd was acquired to specialize in mortgage finance. In 1997, another subsidiary, Kenya Commercial Bank (Tanzania) Limited was incorporated in Dar-salaam, Tanzania to provide banking services...
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...Key Success Factors and Common Pitfalls for Health Care Businesses Overview Previous sections of this guide provide investors with tools for analyzing health-sector investment opportunities. This section deepens investor’s knowledge of the sector by presenting key elements of different types of health care businesses, including hospitals, clinics, laboratory and diagnostic facilities, pharmaceutical retailers and distributors, and medical education and training institutes. Each is characterized by distinct factors to consider when appraising credit and investment worthiness. A discussion follows of success factors and common mistakes that investors see in financing requests from each of these types of businesses. The box on this page describes one banker’s experience with health-sector borrowers in Uganda. Hospitals Key Elements for Analysis: Typically private hospitals earn revenue from inpatient and outpatient services, surgical procedures, diagnostic testing (laboratory and radiology), and drug sales. The number of beds defines the inpatient capacity, and bed occupancy rate and average length of stay are key metrics for determining inpatient numbers (a key revenue driver). Similarly, outpatient numbers and consultation fees drive outpatient revenue. Key profit centers are usually surgical procedures, diagnostic tests, and drug sales, rather than room rates and consultation fees. Because of the equipment and facility requirements, hospitals are generally much more capital...
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...FULFILLING OUR TAX EDUCATION MANDATE Tax Education Package Public & Corporate Affairs, Uganda Revenue Authority 1 URA VISION To be a model for Best Practice and Innovation in Revenue Services. URA MISSION To Provide Excellent Revenue Services with Purpose and Passion. URA CORE VALUES Excellence, Integrity, Team Work and Respect 2 Tax Education Package Public & Corporate Affairs, Uganda Revenue Authority Acronyms and Defined Terms CD Customs Department DT Domestic Taxes Department ESA Education Standards Agency FAQs Frequently Asked Questions GOU Government of Uganda MOES Ministry of Education and Sports MOFPED Ministry of Finance, Planning and Economic Development NCDC National Curriculum Development Centre NCHE National Council for Higher Education NSC National Speech Championships PSFU Private Sector foundation of Uganda PCA Public and Corporate Affairs Division TPD Taxpayers’ Day UIA Uganda Investment Authority UMA Uganda Manufacturers Association UNCCI Uganda National Chamber of Commerce and Industry UNEB Uganda National Examinations Board URA Uganda Revenue Authority USSIA Uganda Small Scale Industrialists Association Tax Education Package Public & Corporate Affairs, Uganda Revenue Authority 3 Content Page Acronyms and Defines Tems……………………………………… 3 Word from the Commissioner...
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...Council EAC East African Community EADB East African Development Bank EAHC East African High Commission EARISC East Africa Regional Integration and Scientific Cooperation ECCAS Economic Community of Central African States ECDE Early Childhood Development Education ECOWAS Economic Community of West African States EPA Economic Partnership Agreement EAPF East African Political Federation EPZ Export Processing Zone EU European Union FCCs Fears, Concerns & Challenges FDI Foreign Direct Investment FTA Free Trade Area GER Gross Enrolment Rate GCR Gross Completion Rate GDP Gross Domestic Product GOK Government of Kenya GOR Government of Rwanda GOT Government of Tanzania GOU Government of Uganda GRP Gross Regional Product HELB Higher Education Loans...
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...387 From supply chains to value chains: A spotlight on CSR Malika Bhandarkar and Tarcisio Alvarez-Rivero* 1. Introduction Corporate social responsibility (CSR)1 has become a hot topic in boardrooms across the world. Changes in corporate value systems are being driven by pressures from different actors, including governments, consumers, non-governmental organizations (NGOs) and institutional investors (diagram 1). Multinational corporations (MNCs) have operations spread across the globe, relying on both foreign affiliates and arm’s-length suppliers arrayed along global supply chains, many of which encompass developing countries. What then does the growing CSR movement mean for developing country producers? The chapter addresses this question. Diagram 1 Institutional Investor Tier I Tier II Tie r III NonGovernmental Organization Multinational Corporation Supply Chain, consisting of: Consumer Government CSR has relevance to many facets of a corporation’s operations. Strong CSR policies can help to recruit the right people for the job, keep attrition rates low by promoting a “feel good” quotient, improve corporate image, prepare for future regulation, empower “soft” laws (Vogel, 2005, p.162), appease green customers, and convince institutional investors that the corporation is following sustainable practices that positively impact the bottom line. * Policy Integration and Analysis Branch, Division for Sustainable Development, UNDESA...
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...EMPLOYEE PERFORMANCE. Evidence from Uganda Business Economics and Tourism 2013 VAASAN AMMATTIKORKEAKOULU UNIVERSITY OF APPLIED SCIENCES International Business ABSTRACT Author Title Year Language Pages Name of Supervisor Aidah Nassazi Effects of training on Employee performance. Evidence from Uganda 2013 English 57 + 2 Appendices Koskinen Ossi Employees are major assets of any organization. The active role they play towards a company’s success cannot be underestimated. As a result, equipping these unique assets through effective training becomes imperative in order to maximize the job performance. Also position them to take on the challenges of the today’s competitive business climate. Although extensive research has been conducted in the area of Human Research Management, the same cannot be said on employee training especially as it concerns developing countries. The purpose of this thesis was to evaluate the effects of training on employee performance, using the telecommunication industry in Uganda as case study. In order to understand the study aim, four goals were developed and these focused particularly on identifying the training programs’ existing in the industry, the objective of the training offered, the methods employed and finally the effects of training and development on employee performance. The study was based on three case studies of the biggest telecommunication companies operating in Uganda. A qualitative research approach...
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...WHY IS COMPETITION IMPORTANT FOR GROWTH AND POVERTY REDUCTION? Nick Godfrey Session 1.3.: Competition policy This paper was submitted in response to a call for papers conducted by the organisers of the OECD Global Forum on International Investment. It is distributed as part of the official conference documentation and serves as background material for the relevant session in the programme. The views expressed in this paper do not necessarily represent those of the OECD or its member governments. OECD Global Forum on International Investment OECD Investment Division www.oecd.org/investment/gfi-7 Table of Contents Executive Summary Introduction How is Competition Policy Linked to Growth and Poverty Reduction? A. Competition policy B. Competition policy and growth C. Competition policy and poverty reduction Competition in Developing countries The Competition Assessment Framework Background Content How to select sectors and markets for assessment 3 3 4 4 4 5 5 8 8 9 9 Identify the relevant markets and the competitors Examine the market structure Look for barriers to entry Ascertain if government policies or institutions limit competition Consider vested interests Look for signs of anti-competitive practices actions by firms Draw conclusions Conclusions References 9 9 9 9 10 10 10 11 12 Department for International Development, London OECD Global Forum on Investment, March 2008 2 Why is Competition Important for Growth and Poverty Reduction? ...
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...Records Management Journal Records management myopia: a case study Stewart Hase Julian Galt Article information: Downloaded by Universiti Teknologi MARA At 06:47 09 July 2016 (PT) To cite this document: Stewart Hase Julian Galt, (2011),"Records management myopia: a case study", Records Management Journal, Vol. 21 Iss 1 pp. 36 - 45 Permanent link to this document: http://dx.doi.org/10.1108/09565691111125099 Downloaded on: 09 July 2016, At: 06:47 (PT) References: this document contains references to 36 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 3432 times since 2011* Users who downloaded this article also downloaded: (2014),"The impact of information culture on information/records management: A case study of a municipality in Belgium", Records Management Journal, Vol. 24 Iss 1 pp. 5-21 http://dx.doi.org/10.1108/ RMJ-04-2013-0007 (2012),"The contribution of records management to good governance", The TQM Journal, Vol. 24 Iss 2 pp. 123-141 http://dx.doi.org/10.1108/17542731211215071 (2010),"What will be the next records management orthodoxy?", Records Management Journal, Vol. 20 Iss 3 pp. 252-264 http://dx.doi.org/10.1108/09565691011095283 Access to this document was granted through an Emerald subscription provided by emerald-srm:484904 [] For Authors If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose...
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...INTRODUCTION In many developing countries, risk management techniques are underdeveloped or insufficient for institutions to efficiently lend to activities in the agricultural sector. Information on borrowers’ credit histories is rarely available, resulting in information asymmetries that make accurate credit risk assessment difficult. In addition, while agricultural client’s major assets are production and land, it is often difficult for banks to use these as collateral, and particularly difficult to foreclose on land in case of default. Compounding this lack of traditional collateral is the presence of a high degree of covariate risk, in particular market price risk and weather risk. Banks lending to agricultural clients know that agricultural and rural revenues easily drop below break-even levels due to extreme weather events and price falls, which result in defaults and higher loan loss provisions, thereby making lending to agribusiness unprofitable. The second major constraint in agricultural lending, high transaction and supervisory costs, is due to the particular risk, nature, and characteristics of the rural sector. In all financial markets, there is a trade-of between minimizing loan default and supervisory costs, but the nature of agricultural lending, especially through microfinance institutions, makes transaction costs and supervision costs disproportionately high relative to its urban counterpart. The small size of seasonal agricultural credit results in high...
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...International Journal of Market Research Vol. 54 Issue 4 Children’s attitudinal reactions to TV advertisements The African experience Ayantunji Gbadamosi Robert E. Hinson University of Ghana University of East London Eddy K. Tukamushaba Irene Ingunjiri Strathmore University Hong Kong Polytechnic University This paper is aimed at exploring African children’s attitudinal reactions to television advertisements . A total of 65 children from four African countries – Ghana, Nigeria, Kenya and Uganda – participated in 12 focus group discussions on the subject matter . Findings suggest that they like television advertising in relation to its entertainment features – especially when the messages feature children characters, cartoons, music, celebrities and humour – and those promoting foods . They also derive excitement from advertising messages that are presented in Pidgin language and/or humorously integrated with local languages . However, they have an aversion to messages that terrify them and those they consider boring . This paper supplements the existing literature on the attitudes of children to advertising, but from Africa as a different contextual platform . It also suggests directions for the effective use of marketing communications strategies in relation to television advertising for marketers and other bodies with special roles in communicating with children such as government agencies and NGOs . Introduction Advertising to children as a topic has attracted...
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...Internship Report A Study on the Sales and Distribution Of QUBEE Internship Report A Study on the Sales and Distribution Of QUBEE Prepared By: Md.Mohebul Alam ID (04204017) BRAC University Prepared For: Suntu Kumar Ghosh Faculty Supervisor Second Supervisor Syeda Shaharbanu Shahbazi Senior Lecture Date of Submission:June 21, 2010 LETTER OF TRANSMITTAL JUNE 21, 2010 Suntu Kumar Gosh Senior Lecturer & BBA Coordinator, BBS Department, BRAC University Dear Sir; This is to inform you that I have completed the internship report titled A Study on the Sales and Distribution of Qubee, which has been prepared as a requirement for the completion of the BBA Program of BRAC University. Qubee(Augere Wireless Broadband Bangladesh Ltd.) is the First WiMAX company of Bangladesh. Augere Holdings and its partners Teleport Bangladesh and Aamra Networks formed the joint venture Augere Wireless Broadband Bangladesh Ltd. While working on the report, I have tried to follow each and every guideline that you had advised. It has been a very enlightening experience to work in this new venture and I have thoroughly enjoyed my internship period at Qubee. The authority of Qubee has also extended their cooperation whenever required. Sincerely Yours, Md.Mohebul Alam ID (04204017) Acknowledgment I would first like to thank my faculty advisor, Suntu Kumar Ghosh, Senior Lecturer of BBS Dept. BRAC University for guiding me throughout the course of my internship program...
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...CHAPTER TWO LITERATURE REVIEW 2.0 Introduction This chapter reviews literature related to this study. This was done with the expectation that relevant information would be obtained to help shape and enrich the study, knowledge of what has been done on this topic is important in helping to clarify issues. The following topics were reviewed for the study; definition of loan, definition of SME, general principles of lending, loan monitoring and control, access to credit as well as repayment performance: theory and practice. 2.1 Definition of loan A loan is a type of debt like all debt instruments, a loan entrails the redistribution of financial assets over time, between the lender and the borrower. The borrower initially receives an amount of money from the lender which they pay back, using but not always in regular installment. Types of loans There are many different types of loans you can take out. When you are looking to borrow money, it’s important that you know your options. i. Open-ended loans: they are loans that you can borrow over and over again. Credit cards and lines of credit are the most common types of open-ended loans. With both of these loans, you have a credit limit that you can purchase against. Each time you make a purchase, your available credit decreases. As you make payments, your available increases allowing you to use the same credit over and over. ii. Closed-ended loans: this cannot be borrowed once they have been repaid. As you make payments on...
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