The History of the Banking Industry in Zimbabwe It is important to analyse and evaluate the banking structure in Zimbabwe for us to appreciation how IT will really fit in. The Zimbabwe’s Banking sector is relatively sophisticated‚ consisting of the Reserve Bank of Zimbabwe‚ Discount Houses‚ Commercial Banks‚ Merchant Banks‚ Finance Houses‚ Building Societies and The Post Office Savings Bank. The development of the Zimbabwean banking sector can be analysed within three separate periods‚ which the
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Ndebele in Zimbabwe The Ndebele people are dispersed widely across Zimbabwe and South African’s Transvaal Province and is descendents of the same tribe as the Zulu and Xhosa people. The history of the Ndebele people can be traced back to Mafana‚ their first chief. Manfana’s successor‚ Mhlanga‚ had a son named Musi who‚ in the early 1600’s‚ decided to move away from his cousins‚ later became the Zulu nation‚ and to settle near the hills of Gauteng where the capital of Pretoria is located. After the
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1980 the Zimbabwe dollar replaced the Rhodesian dollar at par at a rate which was higher than the American dollar. Although this quickly deteriorated‚ it was not until the late nineties that a series of events led to the demise of the Zimbabwean dollar. In 2008 in an 18-month ‘experiment’‚ foreign currency was accepted as legal tender for transactions with a set number of retailers. “Honorable Members will be aware that in the hyper-inflationary environment characterizing the economy at present
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DISCUSS THE DEVELOPMENT CHALLENGES IN THE CONTEXT OF ZIMBABWE. Zimbabwe as a developing state has a number of developmental challenges that emanate from different quarters within the parameters of its political‚ social‚ economic‚ technological and environmental set ups. This factors which are both historical and current intermingle in arresting development as to be discussed. To begin with‚ the past corporate driven global economic policy termed the Economic Structural Adjustment Programme of 1991
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A GUIDE TO ZIMBABWE GOVERNMENT REVENUE | A Toolkit and Guide for Legislators and Civil Society Organizations | | This toolkit is meant to equip Legislators and Civil Society Organizations to effectively monitor the Government of Zimbabwe Revenues as part of the broader Budgetary Policy Analysis and input | | | | Table of Contents Chapter 1: Introduction 4 1.1 Background 4 1.2 Enabling Legislations 4 1.3 Tax Reforms 5 1.4 Taxes and the economy 6 1.5 The toolkit 6 Chapter 2:
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For the past ten years‚ Zimbabwe has been riddled with economic stagnation as well as being the subject of political instability‚ thus that been the reason why many companies and countries have turned a blind eye as concerns investing. Once known as the bread basket of Africa‚ Zimbabwe has the ability to rise up again especially with the internationally accepted new government of Unity were the two major political parties‚ ZANU PF and MDC have come together to work as one for the betterment of the
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When British rule came into today ’s Zimbabwe (former Rhodesia) in the late 19th century‚ they found “peaceful people living in various sized city-states.” The people inhabiting this area‚ known as the Shona tribe‚ had seen little of European people up to this point‚ and were easily convinced of Britain ’s trickery to move in and take control of their land. Up to this point‚ the Shona tribe and their religion was based on ancestor spirit possession using music mostly from the hand-held mbira. British
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www.iiste.org An Analysis of the Challenges Faced by Banks in Managing Credit in Zimbabwe Severino Mavhiki1 Denver Mapetere1* Christopher Mhonde‚1 1. Faculty of Commerce‚ Business Management Department‚ Midlands State University‚ P bag 9055 Gweru‚ Zimbabwe * E-mail of the corresponding author: mapetered@msu.ac.zw Abstract The purpose of the study is to analyse the challenges facing banks in managing credit in Zimbabwe in the wake of the multicurrency regime that was introduced in the year 2009. The
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Great Zimbabwe University Faculty of social sciences Dept of PSY and HRM COURSE: LABOUR LAW LECTURER: MR MUPANI NAMES: TAFADZWA N MOYO M112877 TAFADZWA MUTIWANYUKA M BELIEVE G MBULAWA M TERENCE MATASHU M ABIGAIL MABVIRAKARE M CARLEEN KATURUZA M FRANCISCA ZVENYIKA M MARY SHIRICHENA M Labour law according to Gwisai (2006) refers to the system of rules that regulate the voluntary relationships arising from the workplace and
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policies that speak to these needs. The question is how and when these needs can be made known to the policymakers. This paper will give a background of policy making in general then show the state of policymaking in Zimbabwe currently. It will go on to discuss how citizens in Zimbabwe can acquire skills that enable them to participate fully in policymaking. 1.1 Citizen participation in policymaking Pal as quoted in Zhou and Zvoushe (2012) observed that hidden agendas usually influence policy decisions
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