Question Write an analysis of the developments of the taxation system in Zimbabwe from pre to post colonial Zimbabwe (25) The tax system currently enforced in Zimbabwe under the authority of the Income tax Act Chap 23.06 with Acts like the Capital Gains Act Chap 23.01‚ Finance Act Chap 23.04 and the Excise duties Act as complimentary. The system evolved from traditional ideologies perpetuated from
Premium Tax Income tax Progressive tax
THE adoption of the multiple-currency system in Zimbabwe after 10 years of hyperinflation characterised by acute foreign currency shortages and low investment has ushered economic stability but it has also caused even worse economic challenges. During the period‚ across all sectors of the economy‚ there has been no capital re-investment and post-dollarisation companies have failed to recapitalise due to serious shortages and the cost of money. The prevailing pricing system in the country was distorted
Premium Monetary policy Currency Inflation
Zimbabwe has been greatly affected by western imperialism. During the colonial period‚ white people controlled the then called Southern Rhodesia. They took most of the farmland and organized the agriculture economy. In 1980‚ President Mugabe encouraged squatters to invade these white farms and kill people. This caused the agricultural economy to collapse. By the mid 1990’s Zimbabwe was in a terrible ecumenic state. This only worsened when Mugabe showed no compassion to his people. He turned on the
Premium
“Enabling financial sector to leverage on I T for better customer service‚ improved housekeeping and overall systemic efficiency” Chapter I Introduction The IT saga in Indian Banking commenced from the mid eighties of the twentieth century when the Reserve Bank took upon itself the task of promoting automation in banking to improve customer service‚ book keeping‚ MIS and productivity. This role played by the Reserve Bank has continued over the years. Some of the major landmarks in this regard
Premium Bank
Full Dollarization The Pros and Cons Andrew Berg‚ Eduardo Borensztein ©2000 International Monetary Fund December 2000 [Preface] [The Pros and Cons of Full Dollarization] [Questions About Pegs] [The Appeal of Dollarization] [The Risk Premium] [Seigniorage] [Stability] [Effect on Trade and Financial Links] [Exit Option] [Lender of Last Resort Function and Financial System Stability] [Conclusions] [Author Information] Preface The Economic Issues Series aims to make available
Premium Currency Monetary policy Central bank
C‚x7ik y7ku`w2History of Islamic Banking in Pakistan Efforts to Islamize the economy of Pakistan started in the mid 60s. However a significant attempt was made in the mid 80s1 to convert the banking system to an Islamic banking system. The Banking Companies Ordinance (BCO‚ 1962) was amended to accommodate non-interest based transactions and the industry was given a specific timeline to convert to the non-interest based system. In early 90s‚ the whole exercise was challenged in the Federal Shariat
Premium Islamic banking
Economic Development in Zimbabwe The country of Zimbabwe is one of the most economically developed on the African continent . A fairly young political entity‚ Zimbabwe has only enjoyed recognized autonomy since 1980‚ the year in which the United Kingdom repealed its imperialistic claims to the African nation . Despite its youth the country has achieved a level of economic development uncharacteristic of sub-Saharan African nations. Second only to South Africa in economic development‚ Zimbabwe’s
Premium Zimbabwe Africa British Empire
the growth and development of democratic attitudes and behaviours. The result of this is that these three streams have reinforced post-independence autocratic practices and produced the hardened strain of authoritarianism that is visible today in Zimbabwe. Thus‚ it can be concluded that authoritarianism has come on since a long time and that its resilience was openly displayed in the run-up to the presidential runoff election in 2008. (Masunungure‚ 2011:
Premium Zimbabwe Zimbabwe Political corruption
In Zimbabwe there are many institutions that are available to support the development of small business and they include government and commercial banks. Small businesses refers to those businesses that are independently owned ‚ operated and organised for profits and is not dominant in its field. The government as a way of supporting small business in terms of finance is offering general incentives through the general incentive policy .This programme is available to local and foreign small firms
Premium Small business Business Information technology
sending sms to customers Question: Most organizations in Zimbabwe have a wrong perception of what mobile marketing is. They think mobile marketing is sending their customers sms on their mobile phones. As a result not much mobile marketing activities have been happening ever since the introduction of the GPRS service. Highlight the mobile marketing activities that are currently being undertaken by the corporate world in Zimbabwe. Which opportunities have they failed to exploit? Why‚ what challenges
Premium Mobile phone