Impact of Leadership Styles and Their Influences on the Growth of Fintech Start-ups in Zambia | Chapter 7 | New Advances in Business, Management and Economics Vol. 7

Fintech is the adoption of new technology that seeks to improve and automate the delivery and provision of financial services in business. Fintech firms that are emerging in economies have also disrupted the financial market space through their innovativeness and technological approaches to conducting business. In recent years, there has been a growing interest in financial technology (Fintech) research. This study set out to examine the relationship between leadership styles and the firm growth of Fintech start-ups in Zambia. A quantitative design employing a cross-sectional survey with the use of a Likert questionnaire was conducted on the leaders of top-performing Fintech firms in Zambia, as recognised by Tracxn in its May 2020 report. The dependent variable for the study was firm growth.  The study includes three leadership styles as independent variables (transformational, transactional, and laissez-faire leadership styles). Leadership styles were measured using the Multifactor Leadership Questionnaire. The most important finding is that, in Zambia, Fintech start-up growth is closely linked to transformational leadership, whereas transactional leadership has a minor impact. Laissez-faire leadership and firm growth have a weak but positive correlation. Two primary contributions to the Fintech literature are made by the study. First, the results can assist scholars in elucidating leadership styles that forecast Fintech start-up growth. Second, the creators of Fintech companies will be aware of the key leadership philosophies that can propel start-ups forward. The study has helped to show that firms that have embraced transformational leadership styles and varied their use of transactional and laissez-faire leadership approaches are more likely to experience Fintech firm growth. The limitations of this study relate to the sample size, the need to consider other readership styles, and the use of qualitative and longitudinal designs that would provide more insights and validation.

 

Author (s) Details

 

Progress Choongo
Department of Operations and Supply Chain Management, School of Business, The Copperbelt University, Jambo Driver, Kitwe, P.O. Box 21692, Zambia.

 

Mungu Chileshe
School of Business Graduate Studies, The Copperbelt University, Jambo Driver, Kitwe, P.O. Box 21692, Zambia.

Christine Nakamba Lesa
Department of Operations and Supply Chain Management, School of Business, The Copperbelt University, Jambo Driver, Kitwe, P.O. Box 21692, Zambia.

 

Bruce Mwiya
Department of Business Administration, School of Business, The Copperbelt University, Jambo Driver, Kitwe, P.O. Box 21692, Zambia.

 

Thomas Kweku Taylor
School of Business Graduate Studies, The Copperbelt University, Jambo Driver, Kitwe, P.O. Box 21692, Zambia.

 

 

Please see the book here:- https://doi.org/10.9734/bpi/nabme/v7/5309

The Effect of Extension Services on the Growth of Aquaculture in Kasempa District of North-Western Province, Zambia | Chapter 5 | Advances and Challenges in Science and Technology Vol. 4

 A research study was attended in the Kasempa district of the North-Western Province of Zambia to judge the effectiveness of aquaculture continuation services and the point to which policies and plans were being achieved regarding the development of aquaculture. A sample of 55 aquaculture growers was selected purpose using simple random examination in five areas inside the district to measure the impact of extension aids on rural tenants' incomes and living standards. The study revealed that a lack of correct information for peasants could have a negative impact on the progress of the aquaculture subdivision. Inadequate advisory services keep also bring about lower quality and quantity of growing plants in liquid products. Aquaculture was being advanced in Zambia to provide high-income convenience for poor country residents and reduce the pressure on capture fisheries. Through continuation services, 90% of the accused had acquired technical abilities such as net farming methods, pool construction, bob health and nutrition, augmenting and marketing, and bookkeeping skills, that were used to ensure smooth operations and assisted the farmers overcome miscellaneous challenges they faced. Accordingly, 82% of the respondents designated that their fish yield raised due to the increase in the number of their ponds. The results also accompanied that 65% of respondents revised their social well-being and earned enough incomes from growing plants in liquid to meet various challenges, to a degree paying their children's school costs and buying cover materials for their homes. Moreover, the enlargement service instrumentalities’ performance in implementing tactics and plans was rated as good. However, plurality of the respondents experienced any of challenges that hindered further growing plants in liquid growth, such as lack of foundation capital, clogged waterways, shrimp fish growth, lack of angling gear, attacks by piscivorous animals, etc. Overall, the study establish that 60% of respondents could not raise advertise-size cast (>250g) due to high feed costs, while 40% of accused were able to raise chum close to market magnitude because they had more information and were interested in that region.

Author(s) Details:

Confred G. Musuka,
Department of Zoology and Aquatic Sciences, School of Natural Resources, The Copperbelt University, P.O. Box 21692, Kitwe, Zambia.

Ceaser J. Katulwende,
Department of Zoology and Aquatic Sciences, School of Natural Resources, The Copperbelt University, P.O. Box 21692, Kitwe, Zambia.

Please see the link here: https://stm.bookpi.org/ACST-V4/article/view/12097

The Analytics of the Pro-poorness of Zambia’s Economic Growth | Chapter 4 | Current Aspects in Business, Economics and Finance Vol.5

 Profitable growth and its effect on husbandry and citizens have been extensively batted by economists for some time, with one of its crucial characteristics being that the benefits of similar growth teardrop down to all sections of society, particularly the poor. This teardrop-down thesis has lately been called into question, with prominent authors proposing apro-poor measure of profitable growth. Poverty is one of the major problems affecting a large proportion of the population in Zambia. This exploration empirically measures thepro-poorness of profitable growth in Zambia from 2006 to 2015 while keeping track of checks from 2006, 2010, and 2015. Grounded on the poverty original growth rate criteria, we discover that Zambia's profitable growth has not been favourable to the poor. Indeed while Zambia saw positive profitable growth during this time and poverty rates sluggishly dropped, the poor entered proportionately less profit from this growth than thenon-poor. The poor haven't been significantly touched by growth, which necessitates a thorough analysis of the poor's demographic makeup and possible benefactions to profitable growth in order to effectively produce interventions that will profit this population in terms of poverty reduction.

Author(s) Details:

Ian C. Filakati,
University of Zambia, Lusaka, Zambia.

Please see the link here: https://stm.bookpi.org/CABEF-V5/article/view/8451

Is Voting the Only Mark of Patriotism? Youth Perspective in Zambia | Chapter 9 | Research Developments in Arts and Social Studies Vol. 5

The purpose of this study was to assess the amount of patriotism among young people in Zambia and explore if voting is the sole means by which they may express it. One of the most significant results was that kids could describe patriotism, even when it seemed exaggerated. Voting is just one way among many to show one's patriotism; it is not the only one. An emotional commitment to a nation was the definition of patriotism. The principles that give birth to a nation should serve as the basis for patriotism. Based on the research, this chapter recommends that the Ministry of Education work with the government to instil nationalistic values in schools starting in kindergarten. Civil society groups in Zambia should create youth-focused activities to promote patriotism.

Author(s) Details:

Magasu Oliver,

Kwame Nkrumah University, Kabwe, Zambia.

Kamboni Lucy,

Chalimbana University, Chongwe, Zambia.

Jive Lubbungu,

Kwame Nkrumah University, Kabwe, Zambia.

Chilufya Lewis Bwalya,

Kwame Nkrumah University, Kabwe, Zambia.

Lungu Lackson,

Chalimbana University, Chongwe, Zambia.

Please see the link here: https://stm.bookpi.org/RDASS-V5/article/view/7292