Browsing by Author "Kaleshu, Jones Tindyebwa"

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    Determinants of a winning tender in the parastatal privatization process in Tanzania
    (University of Dar es Salaam, 1997) Kaleshu, Jones Tindyebwa
    Privatization is a new concept in Tanzania. It aims at deregulating the state control over the economy and increasing the role of private enterprise and ownership. This study reviewed the procedures used in the parastatal privatization process as managed by the presidential parastatal sector reform commission (PSRC). It also collected views through questionnaires on what could be the determinants of selecting a potential investor in a parastatal organization being privatized. Tanzania being a less developed economy lacks an enabling environment for placing share sale; it also lacks a developed scrap or secondary market which makes it difficult to sell parastatals. The selection of a party to acquire a divested parastatal has to be undertaken through a tendering system which due to the nature of the activity is done out of the public eyes. Due to this the selection of winning tenders, and the determinants there to have remained unknown. Four hypotheses were advanced ranging from offers (price) made to acquire shares, a combination of Business plan and Bidder Experience, a combination of price, Business plan, Experience and Reputation and lastly the agreement of the views advanced by the professionals and the general public was tested. This study showed that it is a combination of factors which lead to a winning bid with a particular emphasis on the potential bidders contribution to the future performance of the company, that price is not most important and lastly that nationality as factor is insignificant but that it should be reviewed with an intention to increase emphasis on the participation of indigenous entrepreneurs.
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    Determinants of linkage banking between savings and credit cooperative societies (SACCOS) and formal financial institutions in Tanzania
    (University of Dar es Salaam, 2013) Kaleshu, Jones Tindyebwa
    This research studied linkage banking between Savings and Credit Cooperative Societies (SACCOS) and formal financial institutions in Tanzania to identify its determinants. The study applied a combined methodological strategy (qualitative and quantitative) and involved exploratory, survey and case study stages which were undertaken sequentially. The results show that linkage banking practices undertaken in the country fall in the direct and facilitative categories, formal financial institutions’ motives for financial linkages are profit generation and mobilization of savings while SACCOS’ motives are attracting more members, meeting members’ credit needs and mobilization of savings. SACCOS networks were found to be playing a limited role in linkage banking even though they were identified as one of its contributory factors. The networks are impacted by low outreach, funding, financial intermediation and limited use of ICT which reduce linkages within the networks. Findings also show that linkage banking contracts are important in facilitating linkage banking if they contain a clause on capacity building. The study concluded that linkage banking in the country is determined by a combination of financial linkage motives, SACCOS management capacity and level of savings, types of linkage banking practices, transaction costs, profit generation, donor support, ability of SACCOS networks to meet liquidity requirements of their members and trust among members. The implication of the study on policy makers is to review the cooperative policy and legislation to put emphasis on management capacity levels in SACCOS and financial intermediation within the networks. Formal financial institutions should concentrate on facilitative financial linkages.