January 2025

Moderating effect of firm size on the relationship between inclusive business models and the survival of small businesses in Kenya's Nyamira county

Any economy relies on micro and small-sized firms to drive economic growth and social welfare. Research shows that they make up a big fraction of enterprises, employ more people than larger ones, contribute to a nation's GDP, and stimulate innovation. However, micro and small enterprises (MSEs) have significant mortality rates, especially in Kenya. Good management techniques, access to funding sources of business...

Author(s): Julius Moindi Ochoi, Mary Namusonge and Stephen Muathe

January 2025

The effects of financial distress on financial performance: An empirical analysis of SMEs in Sheema, Buhweju, Rubirizi, and Bushenyi districts

This study investigated the impact of financial distress on the performance of small and medium enterprises (SMEs) in Sheema, Buhweju, Rubirizi, and Bushenyi Districts, Uganda. Specifically, it examined the effects of excessive debt, inadequate capital, poor management practices, unwise expansion, intense competition, litigation, and unfavorable contracts on SMEs. Financial distress, if left unchecked, can lead to bank...

Author(s): Eliab Byamukama Mpora, Anny Katabaazi-Bwengye, Emilly Atukunda and Ngirababo Rwusira Dan