Browsing by Author "Molela, Godfrey Frank"

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    Capital markets financing for agricultural business development in Tanzania: a case of cocoa farming in Kyela and Rungwe in Tanzania
    (Pepperdine Libraries, 2016) Molela, Godfrey Frank
    This study tries to explore the financing opportunity for smallholder cocoa farmers available at capital markets through enterprise growth market (EGM) financing window. The research findings from 122 cocoa farmers revealed that, in average a single cocoa farmer needed Tshs. 551,808.12 per acre as capital investment in a given season. At the time of data collection the cocoa prices at London and New York futures markets were Tshs. 6,266.75/Kg and Tshs. 6,148.62/Kg respectively at prevailed rates which were far above the production cost. In this case the envisaged gross margin was sufficient to service issuers’ interest of running their business lucratively and collectors’ interests of getting their investment needs met. The study considered the concessionary terms and conditions on EGM for small and medium enterprises (SMEs) to fit cocoa sector in the financial arrangement. Cocoa farmers could raise needed capital for cocoa businesses from the public who would later become shareholders to such businesses. With Bank of Tanzania (BOT) being the guarantor, the findings concluded that the financing arrangement was viable since the interests of issuers and collectors were protected. Capital markets financing could now become an alternative best solution for finance to smallholder farmers following poor accessibility of the same from existing sources especially financial institutions.
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    Innovation attributes composite and adoption of Activity-Based Costing (ABC) in Tanzanian manufacturing and service sectors: The mediating role of behavioral preferences
    (World Scientific Pub Co Pte Ltd, 2023) Molela, Godfrey Frank; Kasoga, Pendo Shukrani; Ismail, Ismail Juma
    This study was conducted to explore barriers to ABC adoption in the Tanzanian manufacturing and service sectors, notwithstanding its superiority over the traditional costing system. It went further to suggest solutions to such barriers by evaluating the mediating role of behavioral preferences on the causal relationship between the innovation attributes composite and ABC adoption. Based on the cross-sectional survey design, primary data were collected from a sample of 188 companies located in the Dar es Salaam, Arusha and Dodoma regions. Partial least squares structural equation modeling (PLS-SEM) revealed that none of the behavioral preferences positively mediated the causal relationship between the innovation attributes composite and ABC adoption at level 1. At level 2, the findings show that, it was the mediating effect by the perceived usefulness ([Formula: see text], [Formula: see text]) only that was statistically significant. With the exception of the perceived ease of use, the mediating effects by perceived usefulness ([Formula: see text], [Formula: see text]) and normative beliefs ([Formula: see text], [Formula: see text]) were further confirmed to be statistically significant at level 3 of adoption. Moreover, the mediating effects by the perceived ease of use ([Formula: see text], [Formula: see text]) and normative beliefs ([Formula: see text], [Formula: see text]) were found to be statistically significant at level 4 of adoption. At the highest level 5 of ABC adoption, it was the normative belief ([Formula: see text], [Formula: see text]) only that positively mediated the causal relationship between the innovation attributes composite and ABC adoption.