ABSTRACT The incentive for risk-bearing is central to activities in the capital market; and the perception of fair reward system, which reflects in securities prices, attracts more participants and stimulates new investments. Following what is often described as foundation of finance; a rational investor, in his utility preference dynamics, loves return but hates risk. Notwithstanding that this axiom rooted in the random-walk framework has shaped normative thinking in finance, empirical evid...
ABSTRACT This study examined the extent to which macroeconomic policy shocks had contributed to exchange rate volatility in Nigeria from 1986 to 2009. Specifically, it established the degree and severity of exchange rate volatility in Nigeria and then examined the impact of macroeconomic policy shocks on real exchange rate volatility in Nigeria during the sample period. Furthermore, the study determined the differential effects of both internal and external macroeconomic policy shocks on the...
ABSTRACT In contemporary scholarship, the discourse on local government system has shifted from the debate on the requisite level of autonomy for local government administration, to the more topical issue of the impact of the local government system on grassroots development. Whereas scholars are agreed on the import of local government in any form of governmental contraption, however, there are divergent views on the extent of the role of the local government system in community development...
ABSTRACT The potentials of local government as basis for development, as a structural/institutional apparatus for political and administrative decentralisation and social services delivery, and as a bedrock for a solid political system through making governance relevant at grassroots level are now becoming widely acceptable among policy makers and researchers in Nigeria. Similarly, the arguments for a shift of emphasis from law and order oriented local government to cne coping with social ser...
Abstract The need for development has been the main contemporary discourse dominating the history of Zimbabwe. A radical introspection into the process of growth points and rural development is urgently required to allow Zimbabwe to define its future in terms of urbanisation and development. Growth points were adopted in Zimbabwe slightly before independence by the colonial government in order to provide for accommodation and decentralised government services for people living in the communal...
Abstract The aim of the study was to investigate on school climate factors of bullying among gweru urban high school adolescents. A survey design premised on quantitative and qualitative paradigms was used stratified random sampling was used to select 2 of the 6 days and 2 of the 7 days boarding school.
i ABSTRACT Land use changes have been occurring as a result of human uses for developmental purposes. These changes will certainly have a negative influence on the hydrological characteristics of catchments, thereby inducing an increase in surface runoff, soil erosion and sediment inputs. In the year 2000, Rio Tinto discovered kimberlite diamonds in Murowa, Zvishavane. This discovery led to the relocation of 142 families to Shashe resettlement block in Masvingo Province near Mashava. The area...
Abstract There has been a country wide outcry from citizens about the poor performance of councilors and that they are not doing what the electorate wants them to do. Throughout all the local authorities in Zimbabwe it has been realized that, there is poor oversight, judgment and overwhelming corruption which has in turn led to serious poor service delivery. What is not disputable in Zimbabwean politics is that the ordinary citizens have in most cases been by and large remained political spec...
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ABSTRACT the study sought to identify common method of academic cheating, situation when academic dishonesty took place and the perceived reasons for engaging in such behaviours. form 5 and form 6 student sampled from 4 gweru urban high school (n-238) responded to a Questionaire that used to collect data.
ABSTRACT PURPOSE OF THE STUDY: The purpose of this study is to examine the link between the regulatory framework of accounting reporting in Zimbabwe Public sector and the quality of financial reporting. METHODOLOGY: The study used questionnaires to survey 15 staff members of Civil Service Commission .Qualitative and quantitative approach was used to determine the link between the regulatory framework of accounting reporting and the quality of financial reporting. FINDINGS: Results indicate th...
ABSTRACT This study is aimed at unveiling the challenges that have been faced by Zimbabwe in the 21st century. This study mainly focuses on the challenges that have had a negative impact to peace and in some instances reconciliation. The research branched out the challenges into economic, social and political categories so as to create a proper path of how they affect peace. In other sections of this research the dimensions of the categories shape shift into two distinct parallels which are e...
ABSTRACT The research was primarily aimed at assessing if it is feasible for National Social Security Authority (NSSA) to extend contributory social security scheme to the informal sector. The research was motivated after realizing that the informal sector in Zimbabwe is increasing at the expense of formal sector which is leading to the contribution base of NSSA to decrease since only formally employed workers are the ones who are obliged to contribute. This leads to a funding gap where contr...
ABSTRACT Motivation is crucial for organizations to function; without motivation employees will not put up their best and the organisations performance would be less efficient. The situation is even more serious in developing countries where working conditions are unattractive. It is in view of this that this study was conducted to assess the role of motivation on employee performance in parastatals: a case study of the rural electrification agency. The case-study approach was adopted for the...
Abstract The study’s aim was to understand the role of Public-Private Partnerships (PPPs) in livelihoods provision. The Plumtree-Mutare road rehabilitation was done under the PPP framework. It was necessary to study the impacts in Gweru because some of the national benefits are overstated, elitist, and remote which the poor cannot easily feel. PPPs were chosen as government had no funds thus it formed Infra-link, a joint venture with Group 5 International financed by a USD $206 million doll...