Browsing by Author "Kasambala, Momole"
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Item Determinants of Investment at the Individual Level(Tanzania Institute of Accountancy, 2017-12) Kasambala, MomoleAbstract- Investment is the corner stone for economic growth and development. Poor countries experience a scant growth of their economy simply because of minute investment at the individual to national level. In these less developed economiesinvestment has been hampered by insufficient capital to support a viable business enterprise. External financing is required to reverse this trend. Experience shows that the provision of credit is the preeminent way to increase capital for investment. There have been several credit providers in developing countries namely, the formal, semiformal, and informal sources. While the formal and semiformal sources dominate in urban areas, the informal ones seem to dominate in rural areas. Many of the formal sources require credit to be secured by tangible assets. Unlike other credit lines like banks, credit from saving and credit cooperative (SACCOS) are issued without delay because credit worthiness can be established easily. These SACCOS normally operate within the premises of members and are well positioned to serve poor people both in urban and rural areas.This study was conducted to assess the determinants of investment at the individual level. Multistage and simple random sampling techniques were used to select the study area and respondents. The sample includes 239 SACCOS members and 241 non members. Data analysis employed both descriptive statistics and Ordinary least square regression methods. The study examines achievement differences in terms of the investment level achieved by SACCOS and non SACCOS members in order to determine the attributed factors to their success. The study provides sufficient evidence to support the proposition that acquisition of credit is important for investment at an individual level at P<0.001.Item Economic Benefit of Savings and Credit Cooperative Societies on the Well-Being of the Individual: Evidence from Mbeya District, Tanzania(Tanzania Institute of Accountancy, 2019-06) Kasambala, MomoleSavings and Credit Cooperative Societies (SACCOS) are registered organization that are formed to impart a saving spirit and extend loans to the members based on individual requirement and society rules and regulations in relation to their savings. They are societies that mobilize savings and speed up investment by allowing its members to access loans and invest for income generation and thereby contributing to poverty reductionItem The Value of Professionalism: Implication for Value for Money in Projects Implemented by Force Account Procurement Method in Tanzania(African Journal of Accounting and Social Science Studies (AJASSS), 2024-12) Kibona, Gabriel; Kimario, Honest F.; Kasambala, MomoleThis study aimed to describe the implication of professionalism on Value for Money (VFM) in the construction projects of higher learning institutions implemented by force account procurement method in Tanzania. Positivism philosophy was employed through collection of quantifiable facts from the force account team members of the selected higher learning institutions in Tanzania. Census approach was used to approach 64 members. The data collected was analyzed using ordinal logistic regression at a confidence interval of 95%. The null hypotheses were rejected implying that knowledge, experience and integrity are the important parameters of professionalism in implementation of force account projects. Consequently, acknowledgement of professionalism in force account projects realizes VFM in construction projects. Practically this study shows how knowledge, experience and integrity of force account team members helps to realize VFM in force account projects in the context of Tanzania. Correspondingly this study has multidisciplinary contribution involving a blend of management, procurement, and project management. Theoretically, the study enlightens professionalism as a resource advantage as stipulated by Resources Based View Theory. Also, the study contributes to responsible management goal and that of quality education for all as encouraged by SDGs. This study limited in disclosing the link between professionalism and VFM. Contemporarily, since environmental issue is a global agenda, it is imperative to include it in this study. Also, Sustainable Development Goals (SDGs) champion the application of Corporate Social Responsibility. Generally, future studies should focus on the application of CSR in force account projects.