African Journal of
Business Management

  • Abbreviation: Afr. J. Bus. Manage.
  • Language: English
  • ISSN: 1993-8233
  • DOI: 10.5897/AJBM
  • Start Year: 2007
  • Published Articles: 4196

AJBM Articles

The political economy of Lesotho fiscal policy

October 2024

The paper uses analytic narratives to determine the economic and political factors that have shaped Lesotho’s fiscal policy choice during both the colonial and post-colonial eras. This is essential given that fiscal policy is the linchpin for macroeconomic management in Lesotho, especially in the fixed exchange rate regime context. It is important to trace this evolution as far back as the colonial era since some...

Author(s): Mamosi Bulane

Effects of mobile banking services on the performance of commercial banks in Kenya

September 2024

In the recent period, commercial banks have witnessed parity in performance and rapid growth in mobile banking services. Consequently, mobile banking services are considered pillars of bank performance by regulators and practitioners alike. Basel has set values for effective financial oversight, and central banks have issued roadmaps on mobile banking services to ensure a sound financial system that aligns with...

Author(s): J. J. Korir, W. Nyamute, K. Okiro and P. Magutu

Village saving and loan associations and their contribution to employment creation: Evidence from smallholder farmers from eights districts in Uganda

August 2024

The Village Savings and Loan Associations (VSLAs) are among the many innovations that can improve the prevalence of financial inclusion, especially among the rural population. The main objective of this study was to determine whether participation in Village Savings and Loan Associations (VSLAs) can influence the creation of employment opportunities among smallholder farmers in Uganda. This study relied on secondary...

Author(s): Nelson Muwereza

Assessment of employment among deaf people: Survey in the city of Asmara, Eritrea

July 2024

This research entails an assessment of the employment conditions for deaf individuals in Asmara, Eritrea. The study involved the random selection and administration of semi-structured questionnaires to 40 deaf employees and interviews with 10 employers from various organizations. The data collected was analyzed using SPSS and Microsoft Excel. Given that 64.3% of the total deaf population in Eritrea is unemployed, it is...

Author(s): Hafiz Suleman, Debesay Gebrihiwet, Yemane Ateshim and Natnael Aregawi

Sanctioning of Russian Central Bank assets and consequential impacts on other central banks and international trade and investments

July 2024

The deployment of sanctions as a deterrence and compellence tool has massively increased in recent years, leading to increased uncertainty and turbulence in the global economy. The weaponization of the Russian Central Bank's foreign reserves by Western powers is already causing a significant shift in the international financial order. Central banks outside Western countries have begun diversifying their external...

Author(s): Olusegun Obasun

The effect of leadership and change capability on organizational agility in mobile network providers in Zimbabwe

July 2024

The purpose of this study was to examine the impact of leadership and change capability on organizational agility within Zimbabwe's major mobile network providers. Organizational agility, a relatively recent area of organizational research, is influenced by independent variables such as leadership and change capability. In the past, organizations enjoyed a competitive advantage due to low competition and high entry...

Author(s): Judith Mwenje and Tatenda Matongo

Factors influencing job embeddedness among elderly care workers: A cross-sectional study

June 2024

The study investigates job embeddedness and the influencing factors among elderly care workers. A cross-sectional survey was conducted to collect data from 325 elderly care workers. The demographic questionnaire, Job Embeddedness Scale (JES), and Workplace Loneliness Scale were applied. The findings reveal that the level of job embeddedness among elderly care workers is moderate, but about one in every seven elderly...

Author(s): Li-Hong Fan, Qing-Ping Luo, Ya-Ni Tang and Wei Wu

Work-Life balance and employee outcome: A multicultural study in Ghana

May 2024

This study investigates how work-life balance practices impact employee outcomes such as job satisfaction, productivity, and well-being in multicultural work environments in Ghana. A cross-sectional study was conducted using an online survey of 336 participants from diverse cultural backgrounds across four regions in Ghana. The findings indicate that factors such as leadership support, flexible policies, fair...

Author(s): Silvia Paschina

The failure of farmers' organizations to repay microcredits granted by MFIs: Determining factors in the Cameroonian context

March 2024

The aim of this article is to analyze and identify the factors that explain the failure of farmers' organizations (FOs) to repay microcredits received from microfinance institutions (MFIs) to finance their projects. Default of a FO is observed when the monthly installment of a loan is partially reimbursed, reimbursed late, or not at all. Through the prism of agency theory, informational asymmetry, and contingency...

Author(s): Romuald Koye, Léopold Djoutsa Wamba and Halidou Mamoudou

Financial literacy and regulated financial services uptake in Uganda: The mediating role of digital platform usage

March 2024

The study investigates the influence of financial literacy on the uptake of Regulated Financial Services (RFS) among members of Village Saving and Lending Associations (VSLAs) in Uganda, which is currently lower than the global and national goal of universal access. A cross-sectional survey design employing both quantitative and qualitative approaches was utilized. The qualitative aspect validates responses obtained...

Author(s): Mary Maurice Nalwoga Mukokoma, Asonitou Sofia, Dorothy Ssendagire and John Baptist Kowa  

The economic role of micro and small-scale business enterprise in case of Meket town, North Wollo, Ethiopia

February 2024

This study aimed to assess the economic role of micro and small-scale business enterprises in the case of Meket town, North Wollo. The specific objectives were to investigate employment creation in micro and small-scale business enterprises, assess the role of MSSEs in income generation, and evaluate the major constraints of MSSEs in the study area. In this study, owners of micro and small-scale enterprises and...

Author(s): Yohannes Walie and Fiker Ayalew  

Unearthing the catalysts and barriers shaping entrepreneurship growth in Blantyre City of Southern Malawi

January 2024

The study explores the factors influencing entrepreneurship development in Malawi, with Blantyre city as the case study. Additionally, it investigates the relationship between education and entrepreneurial success, along with identifying the problems and barriers hindering potential entrepreneurs from initiating new ventures or enhancing existing businesses. Data for the study were collected through questionnaires...

Author(s): Nelson Nanteleza Ndala

Impact of COVID-19 on Lesotho’s informal economy: A case study of the hair dressing sector

January 2024

This paper uses real-time survey data from the hairdressing sector and qualitative response modeling to investigate the effects of the COVID-19 induced nationwide lockdown of March 2020 on Lesotho’s informal economy. Results show that workers in the hairdressing sector experienced challenges accessing basic goods and services in the wake of the lockdown. Workers also faced drops in hours worked and monthly...

Author(s): Moeti Damane and Mamotlohi Mochebelele

The relationship between management styles, technological environment, and firm economic performance in poor business environments: Evidence from Mali

January 2024

The study aims to explore the interplay between management styles and the economic performance of firms, considering the mediating factor of the technological environment. A questionnaire survey was conducted to collect data from both managers and employees across 14 firms situated in Bamako, Mali. Utilizing 138 recovered questionnaires, the research employed the regression analysis method to test direct effects, while...

Author(s): Togola Moussa, Dengke Yu and Shuting Chen

Perceived performance in creative and cultural entrepreneurship: A lecture of music industry entrepreneurs in Cameroon

November 2023

The aim of this study is to shed light on the performance criteria used by cultural entrepreneurs, specifically those in the music industry in the Cameroonian context. Adopting a qualitative multiple-case study approach, semi-structured interviews were conducted with a sample of 14 music industry entrepreneurs selected using the reasoned choice method. Analysis of these entrepreneurs' discourse using Nvivo 10...

Author(s): Nelson Aubin Diffo Lontsi  

Telework due to covid-19 in organizations in Cameroon: A managerial change or a delusion

October 2023

This study focuses on teleworking, the adoption of which involves a managerial adjustment based on digital technology. Its objective is to assess the practice of telework in Cameroonian organisations, particularly the managerial change operated by the management team. To achieve this objective, we adopted the case study method. Thus, from the semi-directive interviews conducted with seven managers of Cameroonian...

Author(s): Bello

Innovation types and SMEs financial performance relationship: Evidence from Eritrea

October 2023

The objective of this current study is to investigate the relationship between different types of innovation and the financial performance of small and medium-sized enterprises (SMEs) in a developing country, specifically in Eritrea. To achieve this, a questionnaire was distributed to managers/owners of selected firms, and Smart-PLS structural equation modeling was employed to test the hypotheses. The results reveal...

Author(s): Dawit Teclemariam Bahta, Yemane Gebreluel, Hafiz Suleman, Yemane Ateshim and Mikal Dawit

The corporate governance of venture capital-funded startups in Africa

September 2023

The number of venture-funded technology startups in Africa and the amount of venture capital investment has been on a steady rise in the recent past. We are now at a point in the evolution of the various startup ecosystems around the continent where we have had startups going through multiple rounds of venture funding, some increasing their valuations to unicorn status (that is, being valued at over $1 billion). Others...

Author(s): Mworia Wilfred Mutua and Gathungu James

Influencing factors for platform firm’s price strategy: Take the bankcard platform as examples in China

August 2023

Taking the Bankcard platforms of 14 Chinese commercial banks from 2001 to 2022 as examples, we have developed an influencing factors model for the price strategy of platform enterprises. The results indicate that the cross-network external strength and unit switching cost of the platform enterprise do not have a significant effect on pricing from the consumer side. However, the endogenous value and unit cost of...

Author(s): Na Wang

Internal controls and financial accountability in a public health sector: An empirical investigation of a local government in Uganda

July 2023

This study aimed at examining the influence of internal controls on financial accountability in GILGHS, Uganda. The study’s research design was cross-sectional. The study findings were derived from a sample of 127 health centers (unit of analysis), whose heads of department formed unit of inquiry. Data were amassed from respondents through questionnaires and their responses were aggregated to their corresponding...

Author(s): Gordon Otieno Ong’unya, Kalenzi Abbey and Peter Gatkuoth Ruazel Chan

Research landscape on job embeddedness and organizational commitment: A bibliometric study

June 2023

We proposed to identify the general situation and trends in the field of job embeddedness (JE) and affective commitment (AC), given the essential role and association between them. Relevant literature was obtained from the Web of Science Core Collection on December 30, 2022. VOSviewer and CiteSpace were used for bibliometric analysis of authors, countries, institutions, journals, co-citation and keywords. A total of 315...

Author(s): Li-Hong Fan, Wu Wei, Hui-Rong Wang, Xiao-Rong Chang and Li-Juan Yi,

Survival of Uganda’s small and medium businesses in a cox model

May 2023

The government of Uganda came up with the micro, small and medium enterprise policy in 2015 in an effort to support SMEs for sustainable wealth creation and social economic transformation. However, the SMEs sector has grappled with wide ranging challenges and these challenges therefore threaten the survival of SMEs. This study thus investigated factors responsible for the survival of Uganda’s small and medium...

Author(s): Keneth Muhwezi and Niclous Kiliman

Competitive action-response strategies of mobile network operators in sub-Saharan Africa

May 2023

Mobile telecommunication firms have increasingly found Sub-Saharan Africa to be a favorable location for business and investment. We explore the competitive actions and responses of the multinational MNOs in three of the leading sub-regional markets: Kenya, Nigeria, and South Africa based on the conventional content analysis of online-sourced data from the time the first major competitive move was made in each market...

Author(s): Max Dike and Judith Iddy

Internal control systems and organizational performance in Small and Medium Enterprises (SMEs) in Nigeria

April 2023

Research on the effects of internal control systems on organizational performance have been concentrated on large firms with little attention given to Small and Medium Scale Enterprises. To this end, the study examines the effect of internal control systems on the organizational performance of SMEs in Ondo State, Nigeria. The study employs survey primary data which are collected from 323 SMEs that were selected using...

Author(s): Tunde Olufisayo Ajala, Babatunde Moses Ololade, John Olatunde Olaleye and Kehinde Babatunde Abass

Stakeholder’s resource mobilization and sustainability of government funded agricultural projects in Uganda: A case study of potato projects in Kabale District

April 2023

This study sought to determine the impact of resource mobilization by stakeholders on the viability of government-funded agricultural initiatives, using a case study of the Kabale area. The lack of stakeholder participation in resource mobilization and decision-making has an influence on the long-term viability of donor-funded potato projects in the Kabale district. This study required a prior study of the...

Author(s): Agaba Moses, Turyasingura John Bosco and Kabagambe Jesse David

An assessment of the impact of quality service on customers’ satisfaction and loyalty in selected hotels in Tamale Metropolis, Northern Region, Ghana

March 2023

This study was carried out to assess the impact of quality service on customers’ satisfaction and loyalty in some hotels in Tamale Metropolis, Ghana. A total of three hundred structured questionnaires were distributed to native and international tourists for the study. A self-employed form of survey was used to gather information from the respondents using service quality model. All the three hundred respondents...

Author(s): Sulemana, A.M, Galyuoni, B., Cowther S. and Issah, A.

The effect of participatory project design on project success in government funded project in Uganda: A case study of parish development in Kabale District

March 2023

The objective of this study was to examine the effect of participatory project design on project success in a government-funded project in Uganda, a case study of Parish Development in Kabale District. A cross-sectional survey was done. 75 respondents provided information, and we integrated quantitative and qualitative analysis. The analysis was conducted on three separate levels and included descriptive, bivariate, and...

Author(s): Turyasingura John Bosco, Agaba Moses and Kabagambe Jesse David

Lending appraisal and performance of SACCOS in district, Uganda

February 2023

This study's objective was to assess how lending appraisal affected SACCO performance in the District. The study's outcome variables were the performance of SACCOs, with SACCO governance serving as a predictor variable. The investigation was preceded by a cross-sectional survey. Data from 5 SACCOs with 109 respondents were collected, and both quantitative and qualitative analyses were merged. The analysis was...

Author(s): Agaba Moses, Turyasingura John Bosco and Kabagambe Jesse

Adoption of blockchain technology in the banking sector of Ghana: Opportunities and challenges

February 2023

The evolution of blockchain technology has drastically altered the provision of banking services. Businesses are currently transitioning to a paperless environment. Robots are taking over labor-intensive jobs, Artificial Intelligence (AI) is assisting in tracking any massive disaster, and biotech is assisting in curing multiple illnesses in a matter of seconds. Blockchain, one of the most important inventions of our...

Author(s): Kofi Nyarko Gyimah, Emmanuel Asiedu and Frank Antwi,

Analysis of agency banking and customer satisfaction in Rwanda: A case of Bank of Kigali

January 2023

This paper used quantitative and qualitative methods to analyze agency banking and customer satisfaction in Rwanda and it considered the Bank of Kigali as a case study. The research adopted a descriptive research design in nature. Data were collected from a sample size of 208 respondents who were selected from the customers that consume the Bank agency services of Bank of Kigali agents. Research data from questionnaires...

Author(s): Rwanyarare Godfrey and Kalimba Peter

The influence of the college environment on the development of entrepreneurial intentions

January 2023

This study aimed to assess the factors that influence the formation of entrepreneurial intentions (EIs) among college students in Zambia. The research was built on the theory of planned behaviour (TPB) by Ajzne, to identify how the constructs of the same theory are manipulated by the factors that influence entrepreneurship intention formation among college students at Northern Technical College and Kabwe Institute of...

Author(s): Chilangwa Isabel Elitas, Mwaanga Clement and Siame Moulen

The impact of microfinance on the poor in Kenya: A systematic review of evidence from Kenya

December 2022

This study reviews the qualitative and quantitative research on the impact of microfinance (especially micro-credit) on the poor in Kenya to enable practitioners, donors and policy-makers understand the nature of the evidence available. Despite a large body of impact studies on the effectiveness of microfinance on the poor in Kenya, no systematic review has been conducted that brings together all these studies and...

Author(s): Huzaifa Shakir

Professional qualification and its impact on procurement performance: The case of Mzinga Holding Company Limited, Morogoro, Tanzania

November 2022

Professionalism in public procurement allows for the functionality, transparency and significant savings in public expenditure. Professionalism depends on the staffing, knowledge, skills and capabilities of human resources and system controls that influence human behaviour. This study used descriptive research design. Data were collected from 48 respondents that were purposively selected from different departments of...

Author(s): Pascalia Mahonda, Lazaro Athanas Mwonge and Alexis Naho

Strategies for strengthening leader-follower relationships for improving organizational performance

November 2022

The paper uses a qualitative single case study approach. Participants included 14 leaders who successfully developed and implemented high-quality leader-follower relationship strategies. Data collection techniques were semi-structured face-to-face interviews, a review of company documents, and the organizations’ websites. The paper explores strategies that leaders in oil-servicing organizations use to strengthen...

Author(s): Odiaka Onyinyechi, Schaefer Thomas and Roman Juan

Challenges and opportunities for export trade facilitation practices in Ethiopia

November 2022

This study used quantitative and qualitative methods to examine how Ethiopia facilitates its exports. In this study, descriptive methods and primary data collection were employed. A combination of random and non-random sample methods was applied, including proportional and simple random sampling techniques. Closed-ended questionnaires and semi-structured interviews were used. Data from questionnaires were evaluated...

Author(s): Yimam Ousman Mohammed 

How and why leaders affect organisations and vice versa: Review of two academic concepts related to Leadership and managing people by drawing on theory and research

November 2022

The current leadership theories tend to focus generally on the characteristics of leaders and leadership without examining the followers. This article focused on followers, their Implicit Leadership theory (ILT), and the process of granting leadership to the Leader. The paper aimed to explain how leaders influence the ILT of followers and suggests a framework to provide new directions for the development of leadership...

Author(s): Arowosafe Yetunde Justina

Corporate governance and organisational performance in Africa: A systematic literature review

October 2022

This paper aims to review systematically the existing studies of corporate governance that positively impact organisational performance in Africa and put forward theories, research methods, topics, and variables that emerge from the review.  The systematic literature review is based on 32 peer-reviewed journal articles (and a further 12 thesis publications from Google Scholar Database focused on corporate...

Author(s): Gwala Sifiso and Mashau Pfano 

Funding Cameroonian enterprises through the stock exchange market: On the quest for impediments

October 2022

The objective of this study is to identify the factors that prevent Cameroonian companies from being listed on the Central African Stock Exchange (CASE), despite their difficulties in obtaining funding through bank loans or other external sources of finance. Based on semi-structured interviews conducted with six (6) managers of Cameroonian public companies, several factors blocking the listing of companies on the stock...

Author(s): Bello

The impact of culture on consumer decision-making for smallholder farmers in Murewa District in Zimbabwe

September 2022

The focus of this study was to understand the impact of culture on consumer decision-making for smallholder farmers in the Murewa district in Zimbabwe. The study relied on a mixed methodology while data were collected using a survey and key informant interviews. This study found that the culture of smallholder farmers has a predictive impact on their consumer decision-making styles. In addition, culture was revealed to...

Author(s): Isheanesu Nyamukapa and Jeffrey Kurebwa

The impact of social crowding on color saturation preference: The mediating role of threat to freedom and avoidance behavior

August 2022

This study explores the impact of social crowding on color saturation preference and its internal psychological mechanism. In three studies (333 subjects), two different stimuli are used to manipulate the level of social crowding to probe into individuals' preference for product color saturation in socially crowded settings. The findings reveal that in socially crowded environments, individuals prefer products with...

Author(s): Chen Xi and Li Jingying 

Effect of anxiety perception on consumers’ luxury nostalgic consumption intention

July 2022

In a quest to investigate whether perceptions of death anxiety can influence the intention of nostalgia consumption of luxury brands, based on Terror Management Theory (TMT), the present study examines the influence of perceived death anxiety on consumers’ nostalgia feeling, and its impact on consumers’ intention of purchasing nostalgia luxury products. Data were collected online and offline from 419 brand...

Author(s): Chen Xi and Wang Dandan 

Effect of resource allocation on service delivery by Water Works Development Agencies in Kenya

July 2022

The Kenyan government strives for every Kenyan to have access to water and sanitation services, primarily through Water Works Development Agencies (WWDAs). This paper sought to understand the effect of resource allocation on service delivery by WWDAs in Kenya. A census of all the agencies in Kenya was done, while a sample of 80 employees across these agencies responded to the questionnaire. Primary data were collected...

Author(s): Duncan Mulandi Mutambuki and Anne Christine Kabui

Transaction costs and competitive tendering in public procurement: Moderating role of integrity

June 2022

While the current economic crisis clearly puts pressure on governments to cut spending and save money, and whilst the call for a more cohesive interface between the public and private sectors is currently resonating, public procurement has been marred by scandals, mismanagement, and possibly malpractices. According to the literature, corporate integrity drives transactional behaviors by acting as a hidden hand of social...

Author(s): Sama Hamisi, Ndunguru Philibert and Nsimbila Paul

Exploring global unionism to inform South African ICT sector union strategy

May 2022

Unions are prominent stakeholders in employment relations (ER), representing and protecting the rights of their members and other employees on labour-related issues that the workforce is overwhelmed with within the workplace. The purpose of this article was to examine global unionism to advise South African (SA) Information and Communication Technology (ICT) sector labour unionism. It focuses on the recent trends of...

Author(s): Matebese Hlalele and Govender Cookie M. 

Marketing strategies and consumers’ purchasing behaviour in Ghana: A case of Nestle Ghana Limited

May 2022

The role marketing strategies plays in influencing purchasing behaviors of consumers in various economies can never be overemphasized. However, this assertion requires further investigation with respect to consumers of Maggi seasoning products in Ghana especially those in Tamale metropolis. The study analyzed the effect of marketing strategies specifically sales promotion and perceived product quality on...

Author(s): Gonu Eric, Asare-Larbi Mary and Abdul-Rahman Mutari

Understanding affirmative action leadership in the South African financial context

May 2022

South Africa's (SA) history of apartheid produced racial inequality that was entrenched for centuries. After 1994, the goal of the new government was to transform the workplace. Numerous affirmative action (AA), legislation, policies, and procedures enforced organisational transformational obligation and compliance. Studies in SA indicate a slow pace of transformation. The financial sector may be paying lip service...

Author(s): April Richard A. and Govender Cookie M. 

Investigating the driving forces of the formation of Chinese born global firms

April 2022

The traditional internationalization process theory posits that firms expand to overseas market after solid domestic firms’ experience. However, from the 1980s, we witnessed a breed of young entrepreneurial firms, which took on internationalization early in their evolution. They are called  ‘Born Globals’. This study presents an integrative conceptual framework and identifies the underlying...

Author(s): Xi Chen

Disruptive thinking in social entrepreneurship: Challenges and effectiveness

April 2022

With the emerging field of social entrepreneurship, academicians have raised several research agendas to give a unitary direction to the theoretical groundings and foundations of this concept. The current review is one such attempt to explore the definition of social entrepreneurship and its linkage to social innovation and disruptive thinking. This review aims to understand students’ perspectives and familiarity...

Author(s): MK Agarwal, and Selma Ndiwakalunga Mulunga

Challenges small and medium enterprises (SMEs) face in acquiring loans from commercial banks in Tanzania

April 2022

Commercial banks in developing economies play an important role in promoting the growth of SMEs through the loan provided since they create conducive environment for their growth and success. The study focuses on investigating the challenges SMEs face in acquiring loans from commercial banks. The study used 120 respondents who were purposively and randomly selected. Both primary and secondary data were used. Data were...

Author(s): Nassoro Gassiah and Jaraj Kikula

Factors affecting revenue collection at Tanzania official seed certification institute (TOSCI)

March 2022

Revenue in the form of taxation, fees, service levy, licenses, customs, and excise duties is very important in ensuring efficient running of government operations. Taxation is a major source of revenue to governments all over the world. The study examined the factors affecting revenue collection at Tanzania Official Seed Certification Institute (TOSCI). The study adopted a descriptive research design based on mixed...

Author(s): Avodi Kyoma, Lazaro Athanas Mwonge and Emmanuel J. Matiku

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