| dc.creator |
Lyimo, Herbert Maximillian |
|
| dc.date |
2020-03-12T04:22:53Z |
|
| dc.date |
2020-03-12T04:22:53Z |
|
| dc.date |
2014 |
|
| dc.date.accessioned |
2021-05-05T08:08:25Z |
|
| dc.date.available |
2021-05-05T08:08:25Z |
|
| dc.identifier |
APA |
|
| dc.identifier |
http://hdl.handle.net/11192/2863 |
|
| dc.identifier.uri |
http://hdl.handle.net/11192/2863 |
|
| dc.description |
Dissertation Submitted in Partial/Fulfillment of the Requirements for Award of the Degree of Master of Business Administration in Corporate Management (MBA CM) of Mzumbe University |
|
| dc.description |
This study evaluates how the Central Bank of Tanzania influences the real estate/housing market through its policies. The research design employed was case study. The source of data collection was at Bank of Tanzania (BoT) Head Office, Dar es salaam. The study used non-probability sampling – ‘judgemental/purposive’ sampling. The primary data was gathered through interviews and questionnaires; whereas the secondary data was gathered from organization brochures, website and empirical/textual literature. The data collection started on 1st April 2014 and ended in 30th April 2014. Only ten (10) out of the intended fifteen (15) respondents could be reached. The data was categorized and coded to be fed into SPSS (version 16.0) for analysis and manipulation. The data analysis techniques included frequency analysis, factor analysis, cross tabulation analysis, correlation analysis and cronbach’s alpha analysis.
The researcher found that when there is low interest rate, the prices of commodities, housing and rents also tend to rise up. It was also found that Central Bank exerts certain penalties to institutions which don’t adhere to regulations thereby controlling indirectly housing costs. There is a general appreciation that Bank of Tanzania should be controlling total volume of credit in the economy and thus principally be controlling real estate prices and housing rents. It has been rather tricky in analysing the supervisory discretion in targeting the activities of individual institutions since there are measures of prudence to be considered; thereby an average consensus. However, there was a widely accepted fact that Bank of Tanzania doesn’t control capital flow with prudent purposes. Thereby existences of weak supervision discretion in combination of slack prudence in capital flow if not carefully reviewed may sets ground for bubble inflation.
Based on such findings, there is enrichment of monetary policy examination in East Africa states that have similar economic infrastructures. The most agreed way of asset bubble prevention is for the government to bail out the businesses; but what is more important is for the serious and strict policies to take root in guiding businesses and social lives of citizens. |
|
| dc.language |
en |
|
| dc.publisher |
Mzumbe University |
|
| dc.subject |
Central Bank, Real Estate, Housing, Housing, Market, BoT |
|
| dc.title |
Central Bank and Real Estate / Housing Market in Tanzania: A Case at Bank of Tanzania [BOT] – Head Office, Dar-es-Salaam |
|
| dc.type |
Thesis |
|