ABSTRACT The study was carried out to analyse the effectiveness of cost cutting measures and problems hindering their effectiveness at The Victoria Falls Hotel. The need for the research emanated from the hotel increasing costs in the past years, there been variances between projected capital and operational costs and the actual costs. The research method used was a case study and questionnaires and interviews were used as primary data gathering instruments and financial statements were used ...
ABSTRACT The study sought to investigate the impact of adopting International Public Sector accounting Standards on financial reporting at Tsholotsho District Hospital. In this study fourteen staff members were used as the research subjects. Questionnaires and interviews were used as research instruments. A descriptive research method was used. The sample size was composed of three members of top management, four members of middle management, five accounting staff and two administrative staff...
Abstract This research sought to unearth the role of financing in the sudden downturn in the operational cycle of Cool Ice Private Limited and its overall effect on SMEs’ viability in the manufacturing sector of Jaggers, Msasa, Harare Industrial Area. Literature was reviewed on the views of different writers on SME financing and linked to the Case study. The literature cited high borrowing costs, lack of collateral and high risk profile as the major constraints on SMEs financing. Various ef...
ABSTRACT The purpose of this study is to examine the link between the international accounting standards and the quality of financial reporting by the Zimbabwe National Statistical Agency. The study used quantitative methodology with self-administered questionnaires to obtain data from employees of the Zimbabwe National Statistical Agency. Structured interviews were also used to determine the relationship between international accounting standards and the quality of financial reporting. Limit...
ABSTRACT The research study was an evaluation of financial literacy’s impact on business performance, the Zimbabwean SMEs experience. The study was based on a survey of SME businesses across Zimbabwe who were reached for responses through structured questionnaires and interviews. The researcher used both primary and secondary data sources from a sample of 300 respondents. The sample was chosen from various value chain players across industries dominating the Zimbabwean SME landscape. The da...
ABSTRACT This study sought to analyze cost control measures and their impact on profitability of manufacturing companies. An increase in cost (operational and production costs) which added to reduced profitability in the manufacturing sector produced the need to address the problem through this research. The study was limited to cost control in manufacturing industry and as such it did not extend to other sectors of the economy. It was based on the assumption that all the responses from the c...
ABSTRACT The main objective of this project was to determine the impact of diversification on financial performance, so as toenhance the effective implementation of the diversification strategy. The central issue that gave rise to this research is the increased attention and growing popularity of diversification among Zimbabwean companies. This study adopted the descriptive research methodology to answer the research questions which were both qualitative and quantitative in nature. Both prima...
Abstract The main thrust of the study was to carry an analysis of e-banking as a costs reduction measure at CABS. The focus was on the analysis of the effectiveness of the e-banking model at CABS. A research was prompted as many authors castigated that e-banking present banks with a perfect opportunity to reduce costs and maximize profits but after having introduced e-banking at CABS costs did not reduce thereby creating a basis for researching into the reasons why. Empirical evidence was gat...
ABSTRACT There was an outcry in the past three years over the salaries that State Enterprises and Parastatals bosses were awarding themselves yet service delivery has been lacking. This was termed the “Salarygate” by the media and saw a number of executives being relieved of their duties. The government moved in and set a top salary cap of $6,000 for all heads of SEPs, including benefits. Albeit all the efforts by the government, the Executives continued to receive huge salaries against p...
ABSTRACT The purpose of this research was to investigate the effects of cost cutting measure on financial performance using ZETDC as a case. The research objectives outlined the nature of cost cutting techniques, how cost cutting affect financial performance and challenges faced in the implementation of cost cutting. The descriptive survey research design was used and data was gathered through the use of structured questionnaires and interviews and a total population of 41 employees which inc...
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 purpose of this research was to come up with a solution to problems that were being faced at the ZESA I.T department with regards to the way users report issues to the helpdesk and how support officers respond to these issues. ZESA I.T Support Ticket Management System is a web-based automated computer system that sets smart rules to prioritize and automatically assign support tickets to support officers and administrators. The end users or customers submit tickets regarding their...
ABSTRACT The study was carried out to find ways to balance significant cost cutting while maintaining profits in a cost reduction exercise of Mega Pak (Pvt) Ltd. The need for the research emanated from the company’s total costs that were rapidly increasing as well as the projected decline in profits and increase in costs as a result of price controls that were instituted by Delta, the company’s major shareholder and customer which contributed 55% of the company’s revenue. The research m...
ABSTRACT Many world firms like Enron have collapsed while others like Afrasia Kingdom Zimbabwe Limited have gone on the verge of collapsing after auditors have audited without picking any irregularities, for this reason questions are raised on the reliance that can be placed on external auditors. The main objective of this research is to evaluate the extent on which users of the financial statements can rely upon the audit opinion when making economic decisions. Data collection instruments of...