Reducing poverty is the greatest challenge for the government as it pursues Vision 2030. According to official figures, 32 per cent of Kenyans are classified as poor, meaning they live on less than a dollar a day. Low financial literacy has been cited as one of the factors causing the high poverty levels in Kenya. Any long-term government plan must address financial literacy, which is the result of accumulated years of living in poverty. The reason someone is poor today perhaps is because they never had access to basic and advanced financial literacy education. The objective of this research was to determine the effect of financial literacy on Kenya’s poverty levels. The study was based on prospect theory, dual process theory and the goal setting theory. The independent variable was financial literacy measured using the multidimensional poverty index per quarter while the control variables were economic growth, the unemployment rate, and public debt. The dependent variable that the research attempted to explain was the poverty levels in Kenya. The data was collected on a quarterly basis over a period of twenty years (from January 2012 to December 2021). A descriptive research approach was employed in the research, with a multivariate regression model used to examine the connection between the study variables. The study's findings yielded an R-square value of 0.995, indicating that the chosen independent variables could explain 99.5 percent of the variance in Kenya’s poverty levels, while the other 0.5 percent was due to other factors not investigated in this study. The F statistic was significant at a 5% level with a P = 0.000. This suggests that the model was adequate for explaining poverty levels in Kenya. Further, the findings demonstrated that financial literacy had a negative and significant influence on Kenya’s poverty levels. Economic growth and public debt also had a negative and significant influence on Kenya’s poverty levels. Unemployment rate had a significant positive influence on poverty levels in Kenya. The research suggests the need for policy makers to make it a requirement for educational institutions to offer financial literacy as lack of financial literacy contributes to a rise in poverty levels. The study also recommends that there is need to come up with effective measures of creating employment as high unemployment rate has an adverse effect on poverty levels. The study recommends the need for future researchers to conduct a study for a longer period of time such as the last 30 years to capture the effects of economic cycles.

The purpose of this study was to investigate institutional factors influencing employee job satisfaction in Rongo University: A Case Study of Rongo University, Migori County, Kenya. The study was guided by the following objectives: to determine the influence of availability of social amenities, financial incentives, availability of professional development support and career support in Rongo University, Migori County, Kenya. The study was guided by Herzberg’s two-factor (HTF) theory (1959). The study adopted descriptive research design. The study target population was 804 employees from Rongo University both non-academic and teaching staff. The sample size constituted of 20 academic staff and 60 non-academic staff totalling 80 respondents. Data collection tools were questionnaires for non-academic and teaching staff. Instrument validity was assured through seeking expert opinion of University supervisors. Instrument reliability was determined through test-retest method. Descriptive and inferential statistics that included correlation and regression were used for analysis of quantitative and qualitative data which included mean and standard deviation, results presented in frequencies and percentages. Statistical Package for Social Sciences version 23.0 was used for data analysis. The findings of the study were; based on the first objective of the study, which was to investigate the influence of availability of social amenities on employee job satisfaction. It was found to be statistically significant (M=3.91, r=0.734, p<0.05). The second objective of the study, which was to examine how availability of professional development support influences employee job satisfaction was positive and statistically significant (M=3.12, r=0.461, p<0.05). Based on the third objective of the study, which is to establish how financial incentives influence employee job satisfaction. It was found to be statistically significant (M=3.11, r=0.734, p<0.05).The fourth objective of the study sought to establish the influence of career support on employee job satisfaction. It was found to be statistically significant (M=3.07, r=0.126, p<0.05). The study concludes that there was a significant relationship between level of job satisfaction and availability of social amenities, adequacy of financial incentives and availability of professional development programs. The study further revealed, positive relationship between level of job satisfaction and availability of social amenities and adequacy of financial incentives. The study further revealed, that four parameters used (availability of social amenities, adequacy of financial incentives, availability of professional development programs and career support) explains 60% of variance of the dependent variable which was the level of employee job satisfaction. The study recommends that, Rongo University Administration should enhance Professional Development Programmes to enable employees acquire relevant skills and knowledge geared towards value and competency that motivates, retains hence employees job satisfaction. The University should reassess and improve on employee salaries and allowances as well as health insurances cover this boost employee morale thus improve their job satisfaction.