NRU :: Browsing by Author "Uwonda, Gilbert"

Browsing by Author "Uwonda, Gilbert"

Now showing 1 - 9 of 9

Cash Flow Management and Sustainability of Small Medium Enterprises (SMEs) in Northern Uganda
(International Journal of Social Science and Economics Invention (IJSSEI), 2015-08) Uwonda, Gilbert; Okello, Nelson
In Uganda SMEs are viewed as seedbeds for growth of new firms and vehicles for poverty reduction. Deterioration in growth and failures in SMEs have been linked to poor cash flow management, This study sought to examine how cash flow management influences sustainability SMEs in Northern Uganda. The research adapted a cross sectional study. A sample of 120- SMEs was selected using stratified sampling. Self administered questionnaires, designed for this study, were filled in by SME managers and the data analyzed using frequency tables, custom tables, Correlation Analysis and Multiple Logistic Regression. The study revealed limited application of cash flow management by SMEs in Northern Uganda, especially cash flow projection; tax planning; budgetary control and interpreting financial statements. As a result the study noted that most SMEs had declining levels of long-term solvency and growth. Finally the study
Cash flow management utilization by Small Medium Enterprises (SMEs) in Northern Uganda
(Merit Research Journal of Accounting, Auditing, Economics and Finance, 2013-10) Uwonda, Gilbert; Okello, Nelson; Okello, Nicholas G.
In Uganda, SMEs are considered as seedbeds for the growth of new firms and important machineries for poverty reduction through wealth and job creation, income generation as well as drivers for innovation. Cash flow management has been sighted as a nucleus of any business entity for short and long-term survival. Failures in many SMEs have been linked to inadequate cash flow management, which compromises their sustainability by denying them the revenue stream needed to grow. This study sought to establish the extent to which SMEs utilize cash flow management, which is an important factor that influences financial performance of a number of service sectors of SMEs. The research adapted a cross sectional exploratory study. Data from a sample of 120-service sector SMEs were collected and analyzed. The study highlighted limitations in utilization of cash flow in SMEs especially in areas like cash flow projection; tax planning; and budgetary control; determination and interpreting financial statements. Further, utilization of redundant fixed assets, inability to offer cash and early discounts, failure to prepare bank reconciliation and poor credit policies were other concerns for SMEs. For SMEs to reach their potentials, they must design business plan, prepare cash flow projections and cash budgeting; ensure budgetary control, internal control system and control their spending habits; and improve on their credit policies.
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
Effectiveness of commercial forestry policy in contributing to the promotion of sustainable household income in Northern Uganda
(Global Advanced Research Journal of Management and Business Studies, 2013-09) Uwonda, Gilbert; Bedijo, Geoffrey
This study aimed at examining the effectiveness of commercial forestry policy in contributing to the promotion of sustainable household income and analyzing the factors that affect implementation of the current Commercial Forestry Policy in Northern Uganda. Although Commercial Forestry Policy and supportive laws exist for the development of commercial forestry, which together with other socioeconomic activities, mainly agriculture, could improve socio-economic conditions of households in this area with vast arable land, the population has remained largely poor with most of the land unutilized. A cross-sectional survey design was used. Questionnaires and key informant interviews were employed to collect data from opinion leaders at the local community level, local government leaders and personnel, private tree farmers, National Forestry Authority staff, Non Governmental Organizations' staff involved in forestry activities and forest produce entrepreneurs. The data was analyzed by measuring the frequencies of occurrence of sets of responses and Pearson’s correlation analysis The findings revealed that commercial forestry is effective in contributing to the promotion of sustainable household income but there has been, inadequate public awareness, lack of seeds/planting stocks and funds The study recommended that continuous awareness creation be conducted and assistance in terms of inputs be extended to this community to encourage commercial forestry and improve household income
Financial Inclusion and Economic Growth in Uganda A case study of selected districts in Western Uganda
(International Journal of Advances in Scientific Research and Engineering (ijasre), 2019-10) Eton, Marus; Uwonda, Gilbert; Mwosi, Fabian; Barigye, Godfrey; Ogwel, Patrick Bernard
The study was conducted to examine the role of financial inclusion in economic growth basing on selected districts from western Uganda. The researchers adopted a cross-sectional survey design and both quantitative and qualitative approaches were used in data collection and analysis. The study used simple random and purposive sampling techniques to select a total of 194 respondents. The findings revealed that financial inclusion is significant in supporting economic growth; it upholds equitable distribution of growth benefits, transforms peoples’ way of living, enhances capital creation and empowers people to go for financial services that are germane to their needs. The study indicated that Uganda’s population living below the poverty line is falling, which sounds precise in the context of national income but very unseemly in the context of household income. While there are indicators of reduced constraints to accessing to working capital, reduced constraints to accessing financial services, effective use of economic resources to produce goods and services, those in business do not see the efficacy by government agendas geared to supporting international trade or investment. The study, therefore, recommends that there is a need for the government to review and redesign her policies on international trade business and support for homegrown investments. There is a need for quantitative metrics to ascertain the extent to which household income is proportional to national income. Several papers have recommended government interventions in financial accessibility.
Financial inclusion and the growth of small medium enterprises in Uganda
(Journal of Innovation and Entrepreneurship, 2021) Eton, Marus; Mwosi, Fabian; Okello-Obura, Constant; Turyehebwa, Abanis; Uwonda, Gilbert
The growth and failure of small and medium enterprises has been a topic of discussions world over among policymakers and researchers. This study was guided by the following objectives: to examine the contributions of small medium enterprises (SMEs), to determine the challenges affecting small medium enterprises, to examine how financial inclusiveness supports the growth of small medium enterprises, and to establish the relationship between financial inclusion and growth of small medium enterprises. The study used a cross-sectional research design. Descriptive design was used and supplemented by inferential statistics. Correlation and regression analysis were adopted. The study revealed that financial inclusion is significant in supporting SME growth. The study further also revealed that the cost of acquiring and servicing financial services is high; there is also difficulty in using some of the financial services, and the way financial providers treat financial users, some lacked some degree of respect and dignity. The study recommends that financial providers should continue sensitizing the public on the available financial services beyond credit services, which are common and known. Digital financial service providers should encourage their clientele to use digitalized financial services which are cheap, secure, and risk averse. The cost of capital should also be reduced to encourage borrowing while SMEs should innovatively produce goods that can be competitive at both domestic and international markets.
Nodding Syndrome (NS) in Northern Uganda
(British Journal of Medicine & Medical Research, 2013) Kitara, David Lagoro; Mwaka, Amos Deogratius; Anywar, Denis Arony; Uwonda, Gilbert; Abwang, Bernard; Kigonya, Edward
Aims: To conduct an epidemiological study to establish the association between malnutrition, metabolic disorder and Onchocerciasis to Nodding Syndrome (NS) in Northern Uganda. Study Design: Case-control study design. Place and Duration of Study: Odek and Atiak sub counties in Gulu and Amuru districts between 10th to 20th June 2012. Methodology: We recruited consecutively 101 children with probable NS in the 2 sub counties in Gulu and Amuru districts. Controls were from the same population but without symptoms of NS and were matched by age, sex and residents. History and physical examinations were conducted; anthropometry, blood samples and skin snips were obtained from cases and controls. Researchers were pediatricians, psychiatrists, nurses, laboratory scientists and epidemiologists. The research proposal was approved by the Ministry of Health and the IRB of Gulu University. Results: There was a statistically significant association between NS with malnutrition (t=0.142; p=0.044), Onchocerciasis (Χ2 = 152.74, p<0.001; OR 7.025 95% CI 3.891, 12.682) and High Anion Gap (Χ2=146.752, p<0.001; OR 6.313 95%CI 4.027, 9.895). Conclusion: Nodding syndrome is associated with metabolic disorder in young children who are malnourished and infected with Onchocerciasis.
Start-Ups and Youth Entrepreneurship as a Strategy for Reducing Youth Unemployment in Africa; Evidence from Gulu and Oyam Districts, Northern Uganda
(Management and Administrative Sciences Review, 2017-05) Uwonda, Gilbert; Ejang, Mary; Biromumeisho, Justus; Kansime, Clara; Ojok, Karlo
This paper presents a trend in the challenges in the youth unemployment with particular emphasis on Uganda taking northern Uganda as a case. Youth unemployment remains a serious development challenge in most developing countries with sub-Saharan African countries being the most affected. Despite the positive economic growth rates experienced in Africa over the past decade this growth has not generated sufficient and decent employment opportunities for the youth (AfDB et al., 2012, UNECA, 2011). In Uganda 64 percent of the youth (18 -30 years) remained unemployed (UBoS 2014) yet three quarters of the population are below the age of 30 years. This implies that in the near future the proportion of the youth is bound to surpass the adults hence posing strain on the meager resources that is already eminent in the high unemployment rate. We used qualitative and quantitative methods in this study and sampled two districts (Gulu and Oyam). We assessed the effectiveness of the Youth Livelihood Programme (YLP) in addressing unemployment challenges and promoting job creation among the youth. The findings indicate that while the guidelines in the implementation of the programme were adhered to the budget for the start-up was largely inadequate and the delays in disbursement of the funds greatly affect the performance of the groups. Inadequate training before disbursement of the funds also affected the performance of the groups. Amidst the challenges noted, the paper concludes that to a greater extent the YLP is creating self-employment for youth and thus needs to be sustained.
The Role of Education, Work Experience and Training in Entrepreneurship Success in Nebbi District, West Nile Region in Uganda
(Journal of Educational Policy and Entrepreneurial Research, 2017) Eton, Marus; Mwosi, Fabian; Mwirumubi, Richard; Edaku, Charles; Uwonda, Gilbert
Entrepreneurship success has been globally acknowledged as an instrument for achieving economic growth and development as well as employment creation. The objective of the study was to determine the role of education, work experience and training in supporting entrepreneurship success in Nebbi District, West Nile, Uganda. Using both purposive and simple random sampling procedure, a sample of 89 participants was selected for the survey. A structured questionnaire was used in the study. The data were sought and analyzed using SPSS statistical package. The study indicated Cronbach‘s alpha coefficient ( >.70) and Correlation results indicated that education, training and working experience all have a positive significant relationship with entrepreneurial success at 1% level of significance. This means that entrepreneurs, whose education and working experience are business-related, are more likely to succeed than those whose education and working experiences are outside business. The study recommended that relevant entrepreneurship training should be expanded in the region since it has a significant positive impact on entrepreneurial success as this is expected to accelerate economic growth and reduce unemployment especially among the youth.

Browsing by Author "Uwonda, Gilbert"

Results Per Page

Sort Options