Browsing by Author "Ogwel, Bernard Patrick"

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    Exploring the effect of digital finance on financial inclusion in Uganda, a reflection from Lira City
    (Journal of Electronic Business & Digital Economics, 2025) 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 affects 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.
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    The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District.
    (Kabale University, 2023) Kabweine, Bernard Mwesigwa; Eton, Marus; Sunday, Arthur; Ogwel, Bernard Patrick
    To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level.
  • Thumbnail Image
    ItemOpen Access
    The Effect of Risk Management on Financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District.
    (Kabale University, 2023) Kabweine, Bernard Mwesigwa; Eton, Marus; Sunday, Arthur; Ogwel, Bernard Patrick
    To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level.