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...
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...