...look at how Zimbabwe Electricity Supply Authority (ZESA) evolved since 2000. It will also look at the strategic nightmares encountered, which led to making certain decisions and initiatives. It will analyse some of the strategies adopted and how they fit in line with the operating environment. The paper will look at background of ZESA, the general operating environment, the strategic choice taken and proffer possible advice which is not a panacea but offers pointers on how to lead change in a turbulent environment. In 1991, the Government of Zimbabwe adopted a public enterprise reform strategy as part of a World Bank driven Economic Structural Adjustment Programme (ESAP). For the electricity sector, the Government adopted a two-pronged programme of reform a performance improvement programme (PIP) for the national utility, the Zimbabwe Electricity Supply Authority (ZESA), and a legal and regulatory reform programme for the electricity sector in general. Ten years later, significant success has been achieved in improving the utility’s performance in technical operations and customer service. However, there has been very little progress on the legal and regulatory front. This has adversely affected the utility’s financial performance, as well as frustrating the Government’s efforts in attracting private sector investment. The Zimbabwe Electricity Supply Authority (ZESA) provides the bulk of electricity generated, transmitted, distributed and supplied in Zimbabwe. It is a statutory...
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...to Econet Wireless for affording me this opportunity to do my internship at the company. At a time when the Zimbabwean economy is struggling to get back on its feet, the company still finds in itself the desire to give back to the society by helping the young minds of Zimbabwe achieve their dreams. Truly I am grateful. I would like to also thank the staff at Econet Wireless for all the mentoring they gave me throughout this whole attachment period. Their assistance opened up a whole new chapter of understanding for me in the field of accountancy. I owe my deepest gratitude to the Management Accounting team for all their efforts in making me feel at home and a part of the inspired family when I first arrived. The courteous team made my transition to the working environment a whole lot easier and fun. My thanks also goes to the Projects and Fixed assets team for welcoming me as one of their own and for all the training they gave me. Contents ACKNOWLEDGEMENTS i EXECUTIVE SUMMARY 1 INTRODUCTION 2 COMPANY BACKGROUND 3 COMPANY PROFILE 5 GROUP STRUCTURE 6 SUBSIDIARIES 6 THE COMPANY 10 THE MARKET ENVIRONMENT 10 INTERNAL STRUCTURE 11 BUSINESS MODEL 16 SERVICES OFFERED 18 ECONET WIRELESS ZIMBABWE FINANCIAL PERFOMANCE COMMENTARY 24 SOCIAL RESPONSIBILITY 25 ENVIRONMENTAL RESPONSIBILITY 30 FINANCE DEPARTMENT 31 REVENUE 31 REPORTING 33...
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...Mardy Fish handed first-round loss South Africa’s Eskom considers power imports from Mozambique What Zim-Asset has achieved so far July 30, 2015 Business Business Editor WITH the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) now due for mid-term review, keen interest surrounds its implementation and possible outcomes. Anchored on four strategic clusters — value addition and beneficiation, infrastructure and utilities, food security and nutrition, social services and poverty eradication — the five-year development policy is premised on leveraging the country’s natural resources to achieve economic growth through empowerment of ordinary Zimbabweans. An average of 7,3 percent growth target and creation of about two million jobs is to be achieved within the period. Zimbabweans are pinning their hopes on the anticipated turn around, seeking answers on progress made so far. Finance and Economic Development Minister Patrick Chinamasa shares some of the achievements made towards meeting the ideals of the national blue-print. While insisting the economy is on the right path towards recovery, he also captures highlights on progress from mega deals signed between Zimbabwe, China and Russia recently. “As you may all be aware, the Zim-Asset framework covers a number of issues across well defined clusters. We need reliable infrastructure and a strong production base in order to achieve sustainable development,” he told Parliament last week. ...
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...denounced (Booth, 2005) and Cornwall, 2004). Community participation as a methodology has become a “buzzword” and at its base has become a cornerstone for every developmental project in developing countries. According to Fung (2002), participation is the active involvement of the community, particularly the disadvantaged groups such as women, children, elderly, disabled and the poorest of the poor, in the decision making, planning, implementation, and evaluation of their own development activities The concept of community participation however, has remained a contested terrain. This paper considers participation in development programmes and assesses its relevance both in theory and practice. A definition of development and community participation will give a clear insight of the applicability of the methodology. The essay also stresses the strengths and weaknesses of the approach with the aid of case studies from developing nations. The concept of community participation in development became the common currency of exchange in development discourse in the 1970s and since then literature on the subject has grown dramatically. What was initially a radical critique of development has relatively quickly become a staple for development practice in the world. The incorporation of the locals in development projects has become a common phenomenon that almost every organization talks about. The concept originated after it was realized that the top-down approach to...
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...Academia.edu Log InSign Up We're trying Google Ads to subsidize server costs. If you are logged in, you won't see ads. Hover to learn more. pdf An Evaluation of the Effectiveness of Public Financial Management Syste… 8 Pages An Evaluation of the Effectiveness of Public Financial Management System being used by Government Departments in Zimbabwe. (2000 – 2011) Uploaded by Donnelie Muzividzi Files 1 of 2 Views 3,402 connect to download READ PAPER Academia.edu An Evaluation of the Effectiveness of Public Financial Management System being used by Government Departments in Zimbabwe. (2000 – 2011) Download Research Journal of Finance and Accountingwww.iiste.org ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online)Vol.4, No.4, 201320exodus from the public sector and from Zimbabwe impacted negatively on the effectiveness of PFMS andaccountability systems, threatening day to day operations from the reform.Some human resources existed but not adequate in numbers and quality to perform some critical functions andoptimal utilization largely due to lack of working facilities.The shortfall has been found to have two dimensions: the technical dimension and the governance dimension. Onthe technical dimension, the effectiveness of the PFMS has been reduced due to failure to maintain the systemand inability to cope with number of digits due to hyper inflation. On the governance dimension, some existingregulations and procedures were not followed...
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...GOVERNMENT OF ZIMBABWE Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset) “Towards an Empowered Society and a Growing Economy” OCTOBER 2013- DECEMBER 2018 Contents List of Acronyms......................................................................................... 3 Foreword ................................................................................................. 6 EXECUTIVE SUMMARY ................................................................................... 8 Chapter 1............................................................................................... 12 1.0 Introduction…………………………………………………………………………………………………………………….12 Chapter 2............................................................................................... 16 2.0 Situational Analysis………………………………………………………………………………………………………..16 Chapter 3............................................................................................... 26 3.0 Towards an Empowered Society and a Growing Economy:………………………………………26 Chapter 4............................................................................................... 45 4.0 Implementation Structure…………………………………………………………………………………………….45 Chapter 5............................................................................................... 47 5.0 Monitoring and Evaluation…………………………………………………………………………………………….47 Chapter 6................................................................................
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...in the full life cycle of the software design process (SDLC), customized developments for T24 including requirements definition, design, Interface Implementation, testing and maintenance. Agile, good analytical skills, quick to learn and a hard working team player. bUSINESS AREAS OF COMPETENCE * Business requirement analysis and documentation * Data migration * Interface development * Functional Specifications Analysis * Jbase programming * ICT Strategy Planning and Management * User Acceptance testing * Disaster Recovery Management * Project management EDUCATIONAL QUALIFICATIONS * MBA * HND Computer Studies * Diploma in Computer Studies * Cambridge - GCE Advanced Level (Certificate) at Harare High School, Harare, Zimbabwe. 1992 * Cambridge - 8 Ordinary Level pass, Harare High School, Harare, Zimbabwe. 1990 CURRENT EMPLOYER 45 Degrees consulting (South Africa) - PERIOD April 2009 – TODATE PERIOD | ROLE | PROJECT | RESPONSIBILITIES | | | | 1. | Sept 2012 | Credit Consultant | samba, saudi arabia | 2. Setup of corporate limits 3. Allocation of limits 4. Setup of Loan automatic past due monitoring ( Pre grace, grace, PDO, NAB, WOF and FWOF) 5. Setup of Asset classification and provision...
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...CHINHOYI UNIVERSITY OF TECHNOLOGY NAME : TAFADZWA MUDHLIWEVHU REG NUMBER : C13121173D PROGRAMME : BSSCM MODULE : PRINCIPLES OF TRANSPORT MANAGEMENT LEVEL : 2.1 ASSIGNMENT Discuss the policy instruments that the government of Zimbabwe applies to intervene in the freight-transport industry and point out in your view how these measures affect business logistics management and performance in the country. Introduction Transport policy deals with the development of a set of constructs and propositions that are established to achieve particular objectives relating to social, economic and environmental development, and the functioning and performance of the transport system. Policy has to be dynamic and evolutionary. The Relevance of Transport policies arise because of the extreme importance of transport in virtually every aspect of economic, social and political activities of nation states. The Logistics Performance Index ranked Zimbabwe at position 103 out of 155 economies, an indication on how difficult it is to move goods by roads in the country. Transport Sector Environment in Zimbabwe The transport sector environment is made up of public and private institutions and organisations. These are supported by legislation, which is implemented and policed by various institutions and individual operators of motor and non-motor transport. Legislation...
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...are “the interconnecting lines of communication used to pass information from one person or one section to another”. Networks ensure that information in an organization does not flow randomly, but, follow set up channels. Formal communication network include vertical, lateral and diagonal communication whereas, informal communication includes grapevine and bypassing networks. This essay is going to illustrate the significance and relevance of these formal and informal communication networks at the University of Zimbabwe. Formal communication network is whereby communication follows the hierarchical structure of the organization or the chain of command (Richmond 2005). According to Evans (1984) formal communication is applied to those communications which are routed through what have been called ‘official channels’. These definitions imply that formal communication is observed through formal organizational structures. For example, at the University of Zimbabwe, if the Dean, who is the head of a faculty, has to communicate a message to the lecturers in the faculty, he communicates through the chairpersons of the department who then pass the information to the intended recipients, who in this case, are the lecturers. The different types of formal communication networks as stated...
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...CHAPTER 1 1.0 INTRODUCTION The Consumer Council of Zimbabwe has its origins deeply rooted in the great and noble cause of protecting and empowering consumers by monitoring product quality and service to ensure total adherence to reasonably accepted standards. It all began in 1955 when the first positive steps were taken to institute the formation of the vigilance committee, aimed at meeting protective needs of the consumer and to produce better understanding between producers and consumers. It was in 1975 when this committee was merged to form the present day Consumer Council Zimbabwe. Over the years the organisation has expanded its membership base and restructured its policies to meet the needs of today's consumers. The Consumer Council of Zimbabwe (CCZ) is responsible for overlooking products and services in Zimbabwe. At the moment complains are handled manually and thus they are documented in the order that they are reported such that they are to be attended to in the same order. When a consumer (customer) has a complaint he or she wishes to report to the body there is currently two ways to do so. The first one and the most common is that the complainant phones the Consumer Council of Zimbabwe to report his or her problem. The recipient then listens to the complaint and documents it for action to be taken. The complaints are attended to at a first come first served basis. The other way or method is that of complaint and suggestion boxes which are mounted on the premises...
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...Development Studies - INTAKE 10 : Weekend COURSE : Disaster and Livelihoods Management LECTURER : Dr S.Mombeshora QUESTION Discuss the application of the Sustainable application of the Livelihood Approach to disaster management in drought prone areas of one African country DUE DATE : 10 October 2015 Introduction There are several approaches to disaster risk reduction. These include the Sustainable Livelihoods Approach, the Ecosystem Approach, the Community Participation Approach and the Integrated Approach.This essay seeks to discuss the relevance of the application of the Sustainable Livelihood Approach to disaster management in drought prone areas of Zimbabwe as a strategy of improving communities’ resilience to drought. In doing so, the essay will also seek to analyse if there are no inherent weaknesses that may call for improvements in policy processes and governance structures. Definition of Terms Disaster: This is a severe alteration in the normal functioning of a community or a society due to hazardous physical events interacting with vulnerable social conditions, leading to widespread adverse human, material, economic, or environmental effects that require immediate emergency response to satisfy critical human needs and that may require external support for recovery. Disaster Management: This is a method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem...
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...• Analyse the features and strengths of different destinations (access, attractions, accommodation, activities, amenities and ancillary) In Zimbabwe there are 3 ways of transportation which are road, rail and air transport. In air transport there scheduled flights and the low cost carries like the Fastjet. There are 13 airports in Zimbabwe including 3 international airports. Roads also helps in linking different destinations. There are road ports in most cities and the one in Harare is the largest. Taxis and coaches also takes tourists to different places around Zimbabwe. There is also railway transport; high speed and luxurious trains are there to help in the transportation of people and tourism goods and also railway stations are available around Zimbabwe with planned schedules. In Zimbabwe there are natural attractions like Chinhoyi Caves, also man-made attractions like the Lake Kariba and cultural attractions like the Great Zimbabwe Ruins. Zimbabwe has the iconic attraction which is the Victoria Falls. Some attractions are designed for tourism purposes for example galleries, museums. Other attractions are designed for events like for arts (HIFA, music concert), business (carnival, sanganai expo) and some are designed for culture like cultural villages. Accommodation in Zimbabwe...
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...introduction by: Priscilla Phelps, Senior Finance Advisor, Research Triangle Institute November 1997 Environmental and Urban Programs Support Project Project No. 940-1008 Contract No. PCE-1008-I-00-6005-00 Contract Task Order No. 06 Conducted by Research Triangle Institute Sponsored by the United States Agency for International Development Office of Environment and Urban Programs (G/ENV/UP) COTR Sarah Wines Finance Working Papers Table of Contents Tables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Figures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Part I: Municipal Bond Market Development in Developing Countries: The Experience of the U.S. Agency for International Development . . . . . . . . . . 1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 The Changing Situation of Local Governments and Their Financing Options . . . . . 4 Defining Municipal Financial Market Development . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Strategic Context for Municipal Bond Market Development at USAID . . . . . . . . . . . 8 Technical Summary of Municipal Bond Projects . . . . . . . . . . . . . . . . . . . . . . . . . . 10 USAID Experience with Municipal Bonds: Lessons Learned . . . . . . . . . . . . . ....
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...This paper aims to look at the Convention of International Trade in Endangered Species (CITES) and role it plays within the sustainable use paradigm in Zimbabwe in particular and some of the countries in Southern Africa. Here we will understand the meaning or definition of CITES and how the CITES convention has played a great role in the countries in Africa and around the world. To begin this discussion it is important to understand what the CITES Convention was all about. CITES was established as a response to growing concerns that over-exploitation of wildlife through international trade was contributing to the rapid decline of many species of plants and animals around the world. The Convention was signed by representatives from 80 countries in Washington, DC, United States, on 3 March 1973, and entered into force on 1 July 1975. As of December 2008, there are 173 parties to the Convention. The aim of CITES is to ensure that international trade of wild animal and plant species does not threaten their survival. The Convention's conservation goals are to: monitor and stop commercial international trade in endangered species; maintain species under international commercial exploitation; and assist countries toward sustainable use of species through international trade. CITES parties regulate wildlife trade through controls and regulations on species listed in three appendices. Appendix I lists species endangered due to international trade. Trade in such species is permitted...
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...By Mashell Chapeyama Disruptive innovation There are six key attributes of disruptive innovation which managers must strive to follow. These are as follows: 1. Disruptive innovation spur growth 2. Disruptive business either creates new markets or takes the low end of an established market 3. Disruptive opportunities require a separate business planning process 4. Do not try to change your customers, help them 5. Integrate across whatever is not good enough 6. Be patient for growth but impatient for profitability This essay will briefly look at these and identify one firm to concentrate on. One of keys to building a new market is through disruptive innovation. There are two ways in which disruptive innovation can be achieved. One way is by coming up with simpler products and services to meet the needs of those people who could not afford the more expensive versions of product or service. The other way is through sustaining disruptions. This is where an organization can improve on their current products and services. Disruptive innovation can either create new markets or by targeting the lower end of the market. This is through the creation of a newer context to the one in which previous products and services could meet the needs of the clients. However, when introducing a new product or service it would be important to come up with a new plan of business for that product or service. The idea is that we must not work to change the preferences and needs of our current...
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