Functional procurement process and fraud detection mechanisms in Twangiza Gold Mining, South Kivu Province Democratic Republic of Congo
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Date
2014-11
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Publisher
Kampala International University; College of Higher Degrees and Research
Abstract
The study sought to establish the relationship between relationship between extent of functional procurement process and fraud detection in Twangiza Gold Mining Company, in South Kivu Province of Democratic Republic of Congo. The study was guided by three specific objectives, that included i) determining the extent of functional procurement process. ii) level of fraud detection; iii) the relationship between functional procurement process and fraud detection in
Twangiza Gold Mining Company, in South Kivu Province of Democratic Republic of Congo. This research employed descriptive correlational design to describe the relationship between functional procurement process and fraud detection in Twangiza Gold Mining Company, in South Kivu Province of Democratic Republic of Congo, the study used a total population of 200 and a sample size of 133 respondents, and the questionnaire was used as the research instrument. Descriptive statistics used in this study included frequencies, means and PLCC on correlation of variables~ The findings revealed the following: majority of respondents in this sample ranged between 31-40 years and these were male (68.4%) and had only attained diploma as their highest academic qualification (60.9%) and had an experience of 6-9 years (33.8%). Data analysis using means showed that extent of functional procurement process was found to be satisfactory (over all mean=2.90), and the level of fraud detection was found to be high and this was indicated by the overall mean (mean=2.85). The extents of functional procurement process and fraud detection are positive and significantly correlated. The researcher recommended that; the procurement officers in Twangiza Gold Mining Company should always start with identifying the need in relation the activity, this will lead to flow of functional procurement process, should make sure that the tendering data is always accessible for the suppliers who are willing to take such tenders, and always to display tendering opportunities to potential suppliers using emails.
Description
A thesis submitted to the College of Higher Degrees and Research Kampala International University Kampala, Uganda in partial fulfillment of the requirements for the Degree of Master of Business Administration in Supplies and Procurement
Keywords
Procurement, Fraud detection