ABSTRACT The Office of the Auditor-General has not been able to meet the statutory deadline of June 30 of each year for the tabling of the Auditor-General‟s annual audit report since the year 2011 in contravention of the Audit Office Act (2009). The challenges faced were due to late submission of accounts and returns for audit, flight of skilled labour, shortage of resources and constrained legal framework. This dissertation was carried out with the aim of evaluating the factors which limit...
ABSTRACT The research study examined HCCLs funding policy. The study was motivated by numerous cases when HCCL was let down by its lenders due to funding costs non compliance. HCCL received countless final warning documents from debt collectors and financial institutions. Related literature was reviewed to strengthen the thrust of the study. Descriptive approaches with a sample size of thirty five questionnaires and five interviews were used in gathering primary and secondary data. Tables, gr...
ABSTRACT The purpose of this study is to examine the impact of Zimbabwe National Statistical Agency data in financial planning in organisations. The study used quantitative methodology with self-administered questionnaires to obtain data from employees of the. Structured interviews were also used to determine the impact of ZIMSTAT data in financial planning of organisations. The results from the findings shows that there is statistical gap in developing countries. Limited literature using Afr...
ABSTRACT The accounting practices of SMEs do not supply complete and relevant financial information needed to improve economic decisions made by entrepreneurs. It has been noted that the majority of SMEs do not keep complete accounting records because of lack of accounting knowledge. Most SMEs do not prepare financial reports at all. Financial analysis is not done as a result. Therefore, the purpose of this study was to evaluate the accounting practices of SMEs at Meikles Park in Mutare, so t...
ABSTRACT Introduction: Traditionally, commercial banks generate their profits from the difference between interest from lending and interest granted to the depositors. However following financial liberalization, deregulations and increased competition from non-financial intermediaries, banks have since diversified from their traditional ways of making profits into non-traditional ways/noninterest income generating activities. Statement problem: The blurred effects of diversification into non-...
ABSTRACT The research seeks to analyze the impact of operational cost containment strategies on financial performance of logistics companies in Zimbabwe. The research used Cargo Carriers International Haulers as a case study analyzing the impact of operational cost containment strategies implemented on financial performance, determining the motives behind Cargo Carriers cost containment strategies adoption, analyzing the factors that influence the successful implementation of operational cost...
ABSTRACT For the period 2011 to 2013, the Commission has been poorly performing financially. The expenditure has always been more than the revenue. The poor performance has been seen to be as a result of the pricing system adopted by the Commission. This research focused on an investigation into the effects of pricing system on financial performance in public sector entities, taking a case study of the Judicial Service Commission. The study made use of the descriptive research design, where i...
ABSTRACT This chapter presents an introduction on the study on the effectiveness of tax incentives on the Zimbabwe’s food industry. The chapter contains background to the study, problem statement, conceptual framework, research questions, research objectives, significance of the study, delimitation of the study, limitations, abbreviations and acronyms
ABSTRACT Purpose: The purpose of this study is to examine the associationof capital injection, restructuring and financial performance of a company, To investigate the reasons why capital injection and restructuring are failing to translate to desired performance levels and provide guidelines to protect the integrity of the association in a bid to guard against retarded financial performance. Design/methodology: The research made use of primary and secondary data at the disposal of the resear...
ABSTRACT Road transport is a flexible mode of transport, however, management of road transport companies is faced with technical, legislative and economic problems (Sukalvoa and Ceniga; 2014). Management is usually compelled to adopt different methodologies and techniques in order to manage costs rather than to reduce them (Siyanbola; et al, 2013). In many cases, managers try to simply cut costs without considering the organizational or operational effects associated with those reduced costs ...
ABSTRACT This research sought to investigate the Effectiveness of the role of cost and management innovations in creating and sustaining competitive advantage: Case of Jet Stores ’’. . The study was carried out as a result of the noted persistent loss of business to competitors and inability to fulfill the company’s growth strategy during the period of 2011 to 2014. The research covered a body of literature for a further exhaustive knowledge of cost and management accounting techniques ...
ABSTRACT Most researches on mergers have concentrated on mergers as a tool to improve financial performance, shareholders value and as a way to gain access on new markets. This study seeks to analyse the effectiveness of mergers as a strategy to create and sustain competitive advantages. In 2012 Chevron Hotel and Flamboyant Hotel merged and the motives behind the merger were the creation of economies of scale, cost synergies, effective management of interdependence and strengthening of the ca...
Abstract This research seeks to examine the impact of owner management on the financial performance of a company using Hofstra Manacc Consultancy as a case study. Some scholars were of the view that ownership structure plays a significant role in determining the financial performance of a company. However, others argued that ownership and management structure of a company has nothing to do with the financial performance of a company. In conducting this research, the researcher used the mixed ...
ABSTRACT The aim of the research is to analyze the government policies on financial performance of Zimbabwe Motor industry. The literature on the research study constituted all the objectives of the research study and what other authors have said about the government policies on financial performance. Questionnaires were used as the main data collection instruments essential in the collection of data. Primary and Secondary sources were both used to obtain data. The targeted population size us...
ABSTRACT The research was carried out to evaluate the effectiveness of cutting down on employee related costs on the viability and performance of the organization as exercised by Damofalls Investments. This was lined with the background that the company was experiencing increasing costs and on the other hand declining profits. So this arose the need for the company to try and cut costs to maintain a standing ground in the construction industry. The research sought to evaluate the current empl...