Browsing by Author "Geoffrey Ssebabi Mutumba"

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Barriers and opportunities in harnessing geothermal energy: A case study of east Africa
(Journal of Energy Research and Reviews, 2024-11-28) Geoffrey Ssebabi Mutumba; Emmanuel Twinamasiko; Sanday Kifanta; Simon Lule; Elijah Erugu
This paper examines geothermal energy applications and development in East Africa. With a large geothermal power potential of 30,000MW, about 5% of this potential has been developed in the region. This study uses secondary data to review source documents, empirical literature and archival information, which was triangulated to obtain greater truths. The findings are that geothermal energy is mainly used for power generation and other direct uses. The outstanding barriers are mainly political, economic, socio-cultural, technological environmental and legal regulatory that should be overcome to achieve robust industrialisation among member countries.
Mobile money services and financial performance of commercial banks in Uganda: A case study of Stanbic bank city branch Kampala city
(International Journal of Research in Education Humanities and Commerce, 2024-10-17) Emmanuel Twinamasiko; Geoffrey Ssebabi Mutumba; Sanday Kifanta; Simon Lule; Elijah Erugu
The main aim of this study was to examine the influence of Mobile Money Services and Financial Performance of Commercial Banks in Uganda, A Case Study of Stanbic Bank City Branch Kampala City. The objectives of the study were to; To establish the extent to which mobile banking services influences financial performance of Stanbic Bank city Branch, Kampala, To examine the influence of mobile payment services on financial performance of Stanbic Bank city Branch, To find out the relationship between mobile transfer services and financial performance of Stanbic Bank city Branch. The study adopted both descriptive, cross-sectional survey and explanatory research designs with both qualitative and quantitative methods of data collection and was carried out at Stanbic bank city branch. The study population was 52 out of which a sample of 50 respondents was selected as study sample and it was randomly and purposively selected. Questionnaires and interviews were used as data collection methods. The results of the study revealed there is moderate positive relationship between Mobile banking services and financial performance in Stanbic bank city branch Kampala city with a correlation coefficient, p=0.347 and =0.05 since p>0.01, there is indeed a moderate relationship between mobile payment services and financial performance with coefficient, p=0.26 and r=0.05. Since p>0.05 and There is indeed a strong positive relationship between mobile transfer services and financial performance with correlation coefficient, p=0.49 and p=0.05. Since p> 0.05. The conclusion is that mobile money services have prompted Stanbic bank city branch Kampala city to change their strategies to enable them hold their grounds by lowering interest rates, reducing minimum account balance and others even adopting no account balance thus in turn reversing the profitability, liquidity and return on equity of Stanbic bank city branch Kampala city. Therefore, M-Banking and mobile phone business contribute to economic development through creating opportunities for income generation. The objectives one was achieved and the research question where answered. The researcher recommended that is about getting banking services to the unbanked population, who do not have bank access or bank accounts and those who are at the bottom of the economic pyramid, often living in remote areas. Therefore, Stanbic bank city branch Kampala city should allow customers with busy lives to conveniently do their banking services using their phones anytime.
Non-renewable energy consumption and economic growth: evidence from Uganda
(Journal of Energy Research and Reviews, 2025-01-29) Geoffrey Ssebabi Mutumba; Naome Kakundwa; Emmanuel Twinamasiko; Sanday Kifanta; Simon Lule; Elijah Erugu
Back Ground: This paper concerns itself with an investigation on non-renewable energy consumption and economic growth, the case of Uganda. The arguments of a causal relationship between non-renewable energy consumption and economic growth have dissenting view. Methods: It used time series data econometric techniques to establish a causal link between variables of study. The Vector error correction and structural vector autoregression, Granger for causal linkage and Johansen co-integration test was carried out to ascertain if there exists a long run relationship between non-renewable energy consumption and real GDP. Results: The results support the growth hypothesis between non-renewable energy consumption and economic growth in the long run as shown in the VECM. This SVAR shows that these results are not significant Conclusion: The conclusion therefore is that non-renewable energy consumption in regard to economic growth is mainly attributed to imported fossil fuels particularly diesel that is used in thermal generators to run electricity hence unable to support the growth process over the long run. Novelty: This paper provides insights on how energy drives economic growth and sustainable development. It also captures the impact of investment into overall economic growth that is in line with the contemporary global agenda.