What is the Effect of Government Strategic Plan (2006-2011) on Growth of Micro Enterprises in Nakuru Municipality?

Kenya, like other economies, has been concerned about the persistent stagnation and decline in economic growth, accompanied by unemployment and community deterioration; and hence has considered micro enterprise (ME) development as one of the strategies to help reverse this trend. The government, being the manager of the economy as a whole on behalf of the community, is significantly affected by the activities of the MEs. This study sought to analyze the effect of Government Strategic Plan (2006-2011) on growth of ME in Nakuru municipality by determining the government interventions available to MEs as well as finding out the effects of these interventions on growth of MEs. Keywords: Micro enterprise,  Government Strategic Plan, Government of Keny

What Is the Effect of Rights Issue on Firms Share Performance in the Nairobi Securities Exchange?

Rights issues give existing shareholders the option of purchasing new shares, normally issued at a discount to the prevailing market price in order to encourage participation in the capital raised over purchasing shares in the market.  This study aimed to identify the effects of rights issue on the share performance of listed Kenyan-based companies on the Nairobi Securities Exchange. The research was to evaluate the effects of rights issue on firms’ subsequent trading  prior to and after the issue.  All the firms listed at the Nairobi Securities Exchange and were part of the NSE 20 share index were considered. In addition to this, all the firms that performed rights issue between 2007 and 2012 were included in the target population whether or not they were part of the NSE 20 share index. Keywords: Rights issue, Nairobi Securities Exchange, Share Performanc