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Assessment of Problems Associated with Undercapitalization of Parastatal Organizations : A Case Study of Tanzania Zambia Railway Authority ( TAZARA ) Conference ID : CFP / 932 / 2018
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2019 |
| Abstract | The basic aim of this research is to make an assessment of problems associated with undercapitalized parastatal organizations; a case study of Tanzania Zambia railway Authority (TAZARA). The research investigated the complexities surrounding the sourcing of capital and canvas for alternative sources. It uncovered, high lightened the problems surrounding the operations of the organization. The research was based on both primary and secondary data and this research was conducted on employees, management and stakeholders of Tanzania Zambia Railway Authority of Mpika Muchinga Province. Data were collected through questionnaires consisting of several questions; the sample consisted of 55 correspondents which represented 100% of the study population of 120 elements. The correlation analysis test was applied through excel to find out the results of the research. Results indicated on how capital insufficient has affected the company in a negative way. The findings of research proved that as long as the company is not recapitalized, the problems it is facing currently will continue. It will continue facing challenges in its operations. It further reviewed that the other causes of problems the company is facing are competing from road transport, obsolete infrastructure and poor management. The research further reviewed that the risks associated with undercapitalization included reduced sales, reduced employee morale and high labour turnover. Based on the results of this research it has been recommended that TAZARA can only come out of the current position by recapitalizing the company fully, also to encourage Public Private Partnership (PPP) and allow the company to operate on commercial basis. The two states should issue statutory instruments which direct most of the cargo to be moving on railway. ___________________________________________________________________________________ The International Journal of Multi-Disciplinary Research ISSN: 3471-7102, ISBN: 978-9982-70-318-5 2 Paper-ID: CFP/932/2018 www.ijmdr.net |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.multiresearch.net/cms/publications/CFP9322018.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
