ABSTRACT The purpose of this study was to determine the impact of debt finance on financial performance of a firm using City of Mutare as a case. City of Mutare adopted debt financing in order to enhance their financial performance but their trend analysis illustrated a decline in profit margins at an average rate of 45.03% per annum since 2014, this motivated the researcher to carry out this study.The study employed a mixed approach in carrying out the study which include both quantitative a...
ABSTRACT The main objective of the study research was to determine the impact of debt finance on financial performance using a case of a company in the telecommunications sector and which is not quoted at the Zimbabwe Stock Exchange: TelOne Pvt Ltd. The major issue that gave rise and prompted the researcher to study across this area was the increased levels in debt funding of projects in the organisation of which no increase in financial performance was being marked. The study employed a mixe...
ABSTRACT Ineffective budgeting and budgetary controls in nonprofit organisations have impacted negatively in sourcing funds to carry out humanitarian Aid. Ineffective budgetary controls in non profit organisations has also affected the implementations of projects and has left most vulnerable persons helpless as the organisations fail to secure more funding. The purpose of this research was to study the effectiveness of budgeting and budgetary control in sourcing funds in nonprofit organizatio...
ABSTRACT The study sought to investigate on donor funding on the performance of Goal Zimbabwe. The study was prompted by the noted decrease in funds, decrease in donors and increasing administration costs during the period 2012 to 2015. The research explored a body of literature for a further exhaustive knowledge of donor funding policies that the company may adopt to solicit funds and ensure survival as the industry is now characterized with great competition. The research conducted a census...
ABSTRACT The aim of this research was to make an analysis into the effects of downsizing as a measure of cost containment on company performance and to make relevant suggestions to mitigate the shortfalls. Forty-two questionnaires and five interviews were used as data collection instruments necessary for collection of data. Primary and secondary sources were both used to obtain data. The use of literature as well as findings obtained from data collected revealed that downsizing in most cases ...
ABSTRACT This research seeks to investigate the viability of tax e-services in ensuring tax compliance and increased tax revenue collection using ZIMRA Harare branch at Kurima house as a case study. Some researchers were of the view that tax e-services plays a pivotal role in enhancing tax compliance and increase tax revenue collection. However, others argued that there is a negative association between tax e-filing and tax compliance and that revenue collection is influenced by other factors...
ABSTRACT This project was undertaken to try and assess the financial data processing at MMCZ. The problem of financial statements being unreliable at MMCZ led to the need for the research. The research was conducted using questionnaires and literature survey methods. Closed ended questionnaires were used to gather information which led to return rate. The sampled population was obtained through the use of judgmental sampling. Several recommendations which were drawn from this are that entitie...
ABSTRACT The study sought to investigate the impacts of budgets and budgetary controls on the profitability of Marsh Zimbabwe Private Limited. The increase in the use of budgetary controls to attain profits have moved Marsh Zim (Pvt) Ltd to implement budgetary controls and move away from just a mere operation without budgetary control methods. As a result, it is the objective of this study to investigate the impacts of budgetary control on the operational and financial performance (profitabil...
ABSTRACT The study was taken to analyze the impact of diversification on the profitability of Fidelity Life Assurance Company. The study covered the period from 2012 to 2015. The researcher reviewed prevailing literature by several authors to identify the research gap on diversification‘s impact on profitability of Fidelity Life Assurance Company. The research adopted the case study approach and made use of both primary and secondary data. The target population consisted of Fidelity Life As...
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...