The African Journal of Finance and Management (AJFM)


ISSN

: 0856-6372

EISSN

:

EMAIL

: ajfm@ifm.ac.tz

CREATED

: 2025-02-12 09:48:15


The African Journal of Finance and Management (AJFM) is a distinguished bi-annual publication hosted by the Institute of Finance Management (IFM). This multidisciplinary journal offers a platform for research articles surrounding the application of financial principles and management practices in the African context, addressing the unique challenges and opportunities present in the region. Key areas of focus include: Accounting, Auditing and Assurance Services, Corporate Governance, Emerging Themes in Finance and Management, Investment Management, and Public Finance.

AJFM
The African Journal of Finance and Management (AJFM) : Volume 5, Issue 2
Total Quality Management: Relevance and Implications
Nungu, M.
The theme of this paper is Total Quality Management (TQM). Quality is defined and costs of quality are explained. The paper argues that the prevailing competitive environment requires managers to seriously consider the introduction of TQM into their...
1997-07-01
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46
What Determines the Performance of Firms, Ownership or Management Structure?
Mollefe, G.
'"Ownership is less important than market structure in determining the performance (success) of firms” is the argument of this paper. It starts by defining the relevant terms. Secondly, it briefly distinguishes monopoly and perfect competition,...
1997-07-01
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36
Tanzania Statement of Accounting Guideline No 7 and The Central Bank’s Supervisory Role
Urassa, O.
It is in the interest of the Bank Customers, particularly depositors, Central Bank, public and Government that the Bank and of course other financial institutions should continue to exist in providing its services for an enforceable future. The role...
1997-07-01
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44
Prospects of Leasing in Tanzania Environment
Bishagazi, M.
Leasing has never featured in Tanzania even though this financing option could be ideal given the prevailing tax laws and the mode of financing. The tax law prevents most of businesses from depreciating their assets. If their financing was in the for...
1997-07-01
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Evaluating the Financial Performance of the National Railways of Zimbabwe (NRZ).
Okeahalam, C.
Parastatal reform is an important part of economic restructuring. Although there has been a recent recovery, on the whole, since independence in 1980 the financial and operational performance of National Railways of Zimbabwe (NRZ) has declined. Thi...
1997-07-01
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42
Information needs of Lending and Financing Institutions in Tanzania: an exploratory study.
Kitindi, E.
Investors and bankers use information from financial statements. Financial information enables them to make sound investment decisions and to assess investment opportunities. Studies involving investors and investment analysts conducted in the develo...
1997-07-01
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37
Financial Parameters for Privatisation Process a Case Study of Parastatals of Botswana
Bonu, N.
The latest scene in the financial spectrum is privatisation. Privatisation without applying proper financial parameters is a suicidal and hence an attempt is made to introduce the parameters of financial analysis to test and find out the parastatal b...
1997-07-01
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38
A functional Perspective of Financial Systems and Financial Intermediation
Inyangete, C.
Questions concerning the design of a completely new financial system for a country are no longer simply of academic interest. Increasingly policy makers around the world are embarked on fundamental changes to financial systems of their countries...
1997-07-01
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43
Impact of Continuous Restructuring and Rapidly Changing Social -Economic Environment on Management Control Systems:Illutrations from South East Asia
Rwegasira, K.
This paper focuses on MCS in a contemporary turbulent environment. The purpose of the paper is to argue out and Illustrate with field case facts, th(40for a MCS to. be effective, specifically in a contemporary rapidly changing socio-economi...
1997-07-01
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