and all the profit and loss that might come in the future‚ for present cash. The buyers invest in the success and/or failure of the unit‚ and receive a premium which is usually in the form of interest for doing so. In most securitized investment structures‚ the investors’ rights to receive cash flows are divided into "tranches": senior tranche investors lower their risk of default in return for lower interest payments‚ while junior tranche investors assume a higher risk in return for higher interest
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Bulawayo Bulawayo Technical School Carmel School Centenary School Christian Brothers College Dominican Convent High School‚ Bulawayo Evelyn High School Falcon College (1954) Boys’ school Founders High School Gifford High School Girls College Hamilton High School Ingwegwe Primary School Luveve Secondary School Mafela primary school Mabhukudwana Primary School Mandwandwe High School Milton High School Methodist Vocational Training Centre Makokoba College Mpopoma High School Mpumelelo
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USAID COUNTRY PROFILE PROPERTY RIGHTS AND RESOURCE GOVERNANCE ZIMBABWE OVERVIEW In September 2008‚ Zimbabwe’s political parties‚ ZANU–PF and the two formations of MDC‚ signed a power-sharing agreement. The Agreement identifies land as a critical issue and commits to: (1) conduct a land audit to ensure accountability and to eliminate multiple farms; (2) ensure that land is allocated to eligible people on a non-discriminatory basis; (3) ensure land tenure security; (4) call for the U.K. government
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Constitutional select committee TRADITIONAL LEADERSHIP INSTITUTIONS AND CUSTOMS A paper presented by Chakunda Vincent January 2009 Harare‚ Zimbabwe BACKGROUND Africans in this country including those in urban areas have their roots in some rural community under the jurisdiction of traditional authority systems. This system of traditional authority is entrusted with the custodianship of clan customs‚ rituals and tradition. It is important to note that it is these customary and cultural
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PROFIT MAXIMISATION IN ZIMBABWE The traditional economist’s view is that firms are profit maximizes‚ with each decision based on the need to maximize profits (Griffiths and Wall‚ 2005). Although the assumption of profit maximization has come under repeated criticism‚ it still remains relevant to the Zimbabwean firm today irrespective of size. To begin with‚ a profit objective is often the principal reason for the original formation of the smaller companies‚ the majority of which are under the direct
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the “uneven development‚“ as it is argued that Robert Mugabe did not have any other option‚ than to adopt the neoliberal policies of the World Bank and International Monetary Fund in an attempt to free the Zimbabwean economy (Bond 93). In 1991‚ Zimbabwe introduced what is known as the Economic Structural Adjustment (ESAP)‚ to stimulate economic growth and reduce poverty. The government would “de-emphasise its expenditure on social services and emphasise investment in the material production sectors
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Zimbabwe: A worthless currency | The Economist http://www.economist.com/node/11751346/print Zimbabwe A worthless currency The local dollar is fast shrivelling away Jul 17th 2008 | JOHANNESBURG | from the print edition WITH prices doubling every few days‚ Zimbabweans now spend huge amounts of time and energy preventing their meagre cash resources from completely evaporating. Trying to catch up with galloping hyperinflation‚ now officially running at 2.2m per cent a year and at least
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Entrepreneurship are innovators who take it upon themselves to fill in any gap or opportunity that they see or feel that it is not being satisfied by other leading firms in the market. Ronstadt‚ (2002)‚ as cited by Holt‚(2005) defined entrepreneurship as the dynamic process of creating incremental wealth. The wealth created by individuals who assume major risks in terms of equity‚ time and or career commitment or providing value for the same product or service. For some entrepreneurship is an in-born
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ICT trends for emerging Zimbabwe - 12 Jan 2012 Mr Atwell Mukusha – President‚ Computer Society of Zimbabwe (CSZ) and Chairman‚ Computer Suppliers Association of Zimbabwe (COMSA) 2nd Runner Up Top ICT Businessman of the Year 2011 at ICT Achievers Awards 2011. The Information Communication Technology (ICT) sector is one of the fastest growing in Zimbabwe. Fuelled by heavy investments‚ telecommunication infrastructures have improved drastically. Over the past five years‚ Zimbabweans have embraced
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definitions‚ the essential feature of industrial democracy is that it gives employees or their representatives a share in the process of management. It is against this background that this essay will examine the view that ‘there is industrial democracy in Zimbabwe’ using practical examples from Zimbabwean enterprises. Since the settler occupation in 1890‚ in the hierarchical order of Rhodesia‚ the Black stood at the lowest level. As an African‚ one was subjected to the overall system of discrimination
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