Browsing by Author "Pallangyo, Barakael T."

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    Access and Use of Mobile Money by Microentrepreneurs in Moshi District, Tanzania
    (African Journal of Accounting and social science (AJASSS), 2021-12) Akyoo, Stephen E.; Pallangyo, Barakael T.
    This study assessed the accessibility and usage of mobile money services by micro-entrepreneurs in Moshi District, Tanzania. A multistage sampling technique with a combination of random and purposive sampling was adopted to obtain a total of 120 shop retailers for questionnaire survey and six key informants for in depth interviews. Data were collected through questionnaire and checklist guide and analysed using Statistical Package for Social Sciences (SPSS) and content analysis. The fndings show that most (70%) of the respondents owned one mobile handset. Almost (95%) respondents were using mobile money services for their businesses, and M-Pesa from Vodacom had the highest number of subscribers. Nearly, two thirds (65%) of the respondents had one Subscriber Identity Module (SIM) card. The majority of the respondents frequently (often or very often) used mobile money services for paying bills (91.7%), sending or withdrawing cash (91.6%), making purchases and commodity dealing (90.8%), making money transfer (87.5%), recharging airtime (84.1%) and storing money (72.7%). It is concluded that mobile money has been adopted by microentrepreneurs’ even in rural areas. Furthermore, micro entrepreneurs were easily accessing the mobile money services mainly through Vodacom, Tigo and Airtel telecommunicationAfrican Journal of Accounting and Social Science Studies (AJASSS) Volume 3, Issue No. 2 86 companies. The study recommends that the user should adopt the services so to beneft from their business. Furthermore, these mobile telecommunication companies should offer affordable services especially on the marginalized rural areas. Keywords: Mobile money, mobile phones, microenterprises, Moshi,
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    Determinants of Business Formalization in Singida Municipal Council, Tanzania
    (Tanzania Institute of Accountancy, 2023-06) Pallangyo, Barakael T.; Akyoo, Elimeleck P.
    While Small and Medium Enterprises (SMEs) are recognized to be the engine of growth of the economy, most businesses continue to operate informally. There are competing arguments on prospects of business formalization. This study analysed the attitudes of business owners towards business formalization and determinants of such formalization among SMEs in Singida Municipality. The study adopted a cross-sectional research design, and a mixed-methods approach whreby both quantitative and qualitative data were collected. A sample of 200 SMEs owners were selected using Fisher’s formula. Qualitative data were analysed using thematic content analysis with a constant comparison. Quantitative data were analysed with the aid of the Statistical Package for Social Sciences (SPSS) software whereby descriptive statistics were computed to obtain frequencies and percentage distributions of the responses. A five-point Likert scale was used to establish the level of attitude towards business formalization. Binary logistic regression was used to determine effects of predictors on chances of business formalization. It was found that education, age, sex, firm location, firm size, employment and access to credit were important predictors of business formalization (p <0.005). Many respondents (56.6%) had positive attitude on business formalization. Insufficient capital (30.1%) and high tax charges (21.7%) were the most frequently cited factors hindering business formalization.