In Kitale town, many SMEs are performing poorly due to poor financial management practices, yet they occupy a large part of the Trans-Nzoia County economy. If this situation is not addressed, their contribution to the economy will likely be affected. It was found that the growth rate of Kenyan small and medium-sized enterprises (SMEs) decreased from 5.4% in 2011 to 4.3% in 2013. Unemployment is a direct result of a drop in performance, and unemployment exacerbates social inequities and criminal activity. Because of this, this research examined the effect of financial management techniques on the performance of small and medium-sized firms (SMEs) in Kitale town, Trans-Nzoia County, Kenya. This study employed a descriptive research design. In this study, the target population comprised all the managers of retail shops/stalls, butcheries, hardware, and small hotels/cafeterias. Using Gay's criteria, the researcher selected a total of 45 respondents based in Kitale Town. The research instruments used included questionnaires. Data for this study was edited, loaded, and then analyzed descriptively to avoid errors by using frequency lowest, mean scores, and percentages. In addition, inferential statistics were applied using the general linear model-ANOVA and robust standard error regression using SPSS V20 statistical package. The results of the study were presented in the form of tables and figures. It was determined that the response rate was 99.2 percent, with 125 people picked using a basic random selection procedure, with data acquired via the use of questionnaires. Three key financial management methods followed by SMEs were identified in the research, all of which were determined to have a beneficial impact on the performance of small and medium-sized businesses. A rise in these factors will lead to a rise in the company's profits. Financial performance may be predicted at any given moment due to the considerable impact of this study. Moderate levels of adoption of financial management strategies show they have not yet been fully employed in order to enhance performance. Therefore, managers and owners of small businesses are urged to prioritize the use of financial management procedures. When it comes to financial management, they should not only devise a strategy but also regularly monitor and analyze its effectiveness. A number of recommendations are made in the report. It was decided to focus on just Kitale County's small businesses, to begin with. It is possible that this is not a true picture of SMEs throughout the nation.
Trans Nzoia County, like other county governments in Kenya, has consistently failed to collect targeted revenue for the past three financial years, hence the need to evaluate factors affecting revenue collection efficiency. This study aimed to analyze electronic payment systems' influence on revenue collection performance in Trans-Nzoia County, Kenya. The specific objectives were: To determine the influence of electronic fund transfer payment systems, To investigate the influence of mobile payment systems, To establish the influence of electronic billing machines, and To identify the influence of online banking on revenue collection performance in Trans-Nzoia County Revenue Diversification and Resource Based View Theory guided the study. This study adopted a descriptive survey research design. The study utilized the census technique to come up with a sample size of 57 respondents. A questionnaire was the main tool for data collection. Research experts ensured that the content, especially the questionnaire was relevant and appropriate for the study. The study used Cronbach's alpha coefficient to determine the questionnaire's reliability coefficient. The study findings were that: Electronic fund transfer payment systems had a positive and significant effect on revenue collection performance (β=0.170, P = .05), Mobile payment systems had a positive and significant effect on revenue collection performance (β=0.263, P = .05), Electronic billing machines had a positive and significant effect on revenue collection performance (β=0.231, P = .05), and Online banking had a positive and significant effect on revenue collection performance (β=0.213, P = .05) This study concluded that electronic fund transfer payment systems, mobile payment systems, electronic billing machines, and online banking had a positive significant effect on revenue collection performance. Therefore, the study recommended that management should make more attempts to carry out electronic fund transfer payment systems, mobile payment systems, electronic billing machines, and online banking to enhance revenue collection performance.
The purpose of the study was to establish the influence of e-governance strategies on service delivery in Trans-Nzoia County, Kenya. The specific objectives was to establish the effect of e-procurement strategy on service delivery in Trans-Nzoia County, Kenya, to evaluate the influence of e-health strategy on service delivery in Trans-Nzoia County, Kenya, to determine the influence of e-tax strategy on service delivery in Trans-Nzoia County, Kenya, and to find out the influence of e-human resource management on service delivery in Trans-Nzoia County, Kenya. The study was guided by technology acceptance theory, and disruptive innovation theory. This study adopted a descriptive survey research design. The target population of the study was 53 ICT staffs. The study utilized the census technique in coming up with the sample size of 53. Questionnaire was the main tool for data collection. A pilot study was conducted to test the validity and reliability of the research instruments. Research experts, comprising the supervisors, ensured that the content especially the questionnaire was relevant and appropriate for the study, ascertained content validity of the instrument. The study used Cronbach’s coefficient alpha to determine the reliability coefficient of the questionnaire. Data that was collected was checked for accuracy, cleaned and coded to facilitate analysis. Analysis was done using descriptive statistics that included frequencies, mean, percent, standard deviation as well as inferential statistics. The data was analysed with the aid of SPSS Version 25.0. Analysed findings were presented using tables and figures. The study findings were that E-procurement strategy had a positive and significant effect on service delivery (β=0.401, p<0.05), E-health strategy had a positive and significant effect on service delivery (β=0.463, p<0.05), E-tax strategy had a positive and significant effect on service delivery (β=0.331, p<0.05) and E-human resource management had a positive and significant effect on service delivery (β=0.510, p<0.05). This study concluded that E-procurement strategy, E-health strategy, E-tax strategy and E-human resource management had a positive significant effect on service delivery. The study therefore, recommended that ICT staff in the County should make more efforts in carrying out E-procurement strategy, E-health strategy, E-tax strategy and E-human resource management in order to service delivery.
In the spike of increasing occurrences of non-performing loans among commercial banks in Trans-Nzoia County, Kenya, interest rate spread should be given serious consideration through more empirical research. This study therefore sought establish the relationship between the interest rate spread and occurrence of non-performing loans among commercial banks in Trans-Nzoia County. It specifically; looked into the credit risk management impacts non-performing loans, bank regulation impacts non-performing loans, and the capital sufficiency impacts non-performing loans. Adopting descriptive research design, the study used the 78 employees of commercial banks in Trans-Nzoia County as its targeted. The entire population participated in the study as respondents. Data, which was gathered using a questionnaire, was using quantitative approach to yield descriptive and inferential statistics. Multiple regression analysis was used to draw inferences from the findings. All factors were found to be statistically significant (p,0.05). Thus, credit risk management, bank regulation impacts, and the capital sufficiency have a positive significant effect on non-performing loans among commercial banks in Trans-Nzoia. The study recommended for; credit staff training programmes, applying strict interest rate rules and strict lending advances policies. In the spike of increasing occurrences of non-performing loans among commercial banks in Trans-Nzoia County, Kenya, interest rate spread should be given serious consideration through more empirical research. This study therefore sought establish the relationship between the interest rate spread and occurrence of non-performing loans among commercial banks in Trans-Nzoia County. It specifically; looked into the credit risk management impacts non-performing loans, bank regulation impacts non-performing loans, and the capital sufficiency impacts non-performing loans. Adopting descriptive research design, the study used the 78 employees of commercial banks in Trans-Nzoia County as its targeted. The entire population participated in the study as respondents. Data, which was gathered using a questionnaire, was using quantitative approach to yield descriptive and inferential statistics. Multiple regression analysis was used to draw inferences from the findings. All factors were found to be statistically significant (p,0.05). Thus, credit risk management, bank regulation impacts, and the capital sufficiency have a positive significant effect on non-performing loans among commercial banks in Trans-Nzoia. The study recommended for; credit staff training programmes, applying strict interest rate rules and strict lending advances policies.
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