Browsing by Author "Ogwel, Bernard Patrick"

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    Cash Management and Financial Performance of Business Firms in Northern Uganda a Case of Lira District
    (The International Journal of Business Management and Technology, 2019-08) Eton, Marus; Uwonda, Gilbert; Mwosi, Fabian; Ogwel, Bernard Patrick; Obote, Dennis
    The study sought to establish the effect of cash management on financial performance of business entities in Lira district. A cross sectional study design was adopted and data was collected by use of structured and closed ended questionnaire. Business owners who took part in the study confirmed high abilities in managing cash receivable, holding inventories and properly generating sufficient cash for meeting immediate obligations. However, the study found that the aforementioned practices were not sustainable with time due to incompetence in forecasting receipts and payments. This led to a conclusion that cash management has an insignificant effect on financial performance. The study recommended that Business associations like Uganda Chamber of Commerce, Uganda Manufacturers Association, in addition to Ministry of Trade and Commerce should consider providing trainings on cash management to existing and upcoming entrepreneurs to support them in developing cash management and other necessary business skills. There is also need for business owners to consider hiring business experts who can use different statistical models to forecast business performance
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    Exploring the effect of digital finance on financial inclusion in Uganda, a reflection from Lira City
    (Emerald, 2025-03-18) Eton, Marus; Mwosi, Fabian; Amandu, Ishaq Yassin; Ocan, Johnson; Ogwel, Bernard Patrick
    Purpose The study aims to discuss financial inclusion (FI) as a facilitator of digital financing with intension of solving challenges relating to financial exclusion. Design/methodology/approach Both descriptive and correlation research designs were used to understand the nexus between digital finance (DF) and FI. The study collected data from 300 respondents, which included vendors and dealers in agricultural produce, who were selected purposively and randomly. Findings The study found a significant contribution of DF to FI and the variations in FI due to mobile money (MM) and Internet banking are significant. MM and smartphones are very often used in performing commercial transactions due to easy accessibility compared to ATMs, the Internet and agent banking, which is always restricted. Research limitations/implications The study only focused on how DF platform affect financial inclusiveness in Lira City and did not explore other financial services. Social implications The quickest and widest adoption of MM by rural communities is mostly a factor of user-friendliness, which seem to be lacking in other bank applications or products. Originality/value The study offers a significant insight on challenges related to the financial inclusiveness, which is a global concern by many economies.