Business Studies (DCC)

Permanent URI for this community

https://scholar.mzumbe.ac.tz/handle/123456789/495

Browse

Browsing Business Studies (DCC) by Subject "Asset management"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    The effectiveness of the disposal of Non-Current assets in the public sector, a case study of Tanzania Revenue Authority.
    (Mzumbe University, 2014) Celestine, Ruth.
    This research was carried out to assess the effectiveness of disposal of non- current assets: a case study of the Tanzania Revenue Authority. It attempts to facilitate better understanding of public asset disposal as an integral part of public sector reforms. The special focus of this study was; to determine the method(s) used by TRA to dispose noncurrent assets, to examine whether the method(s) used are effective and to find out challenges encountered during disposal of noncurrent asset at TRA. Population of my study was TRA Hq and sample size of 100 respondents. The findings show that TRA employs disposal methods as stipulated in the PPA 2004 including; sale by tender, sale by auction etc. The process overall was discovered not to be fully effective. The challenge of complexity of the legal framework, low capacity of staff, lack of reliable information on public assets in place and delays in issuing authorization for disposal of assets like motor vehicles severely affects the authority’s ability to dispose its assets effectively in a timely manner while achieving value for money. Also inadequate transparency, the impact of corruption, and inadequate organization level policy on disposal exacerbates the problem. As a result, assets are managed on an ad-hoc, often reactive basis, resulting in losses to the authority and the state at large. The study employed the descriptive design. It involved both quantitative and qualitative data collection. A well designed questionnaire was issued to the respondents while a semi-structured interview was conducted with some key personnel to gain deeper understanding of the research problem. Also the researcher conducted extensive document reviews of past transactions and other available documents. The study recommended that TRA should fully incorporate assest disposal, providing education and simplified procedures of disposal to enable cost saving.