Zimbabwe And The World Bank
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Zimbabwe And The World Bank
The Republic of Zimbabwe (formerly South Rhodesia (1911-1964, 1979-1980), Rhodesia (1964-1979), and Zimbabwe Rhodesia (1979)) is a landlocked country locked in the southern region of Africa. It shares borders with The Republic of South Africa, Botswana, Zambia, and Mozambique. Upon gaining independence in 1980, the new regime (under Robert Mugabe), sought to replace many of the institutions established by the previous white rule. Many of the new regime's actions, like land reform and involvement in The Democratic Republic of the Congo's civil war, have been the source of the state's economic failure. The World Bank Group currently estimates that extreme poverty has risen from 29% to 34% from 2018-2019 (4.7 million to 5.7 million). The production of food was weakened by an El Niño-induced drought, as well as Cyclone Idai affecting three sectors that accounted for 30% of Zimbabwe's agricultural production. As a result, the World Bank estimates that one out of every ten rural househ ...
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Flag Of Zimbabwe
The national flag of Zimbabwe consists of seven even horizontal stripes of green, gold, red and black with a white triangle containing a red five-pointed star with a Zimbabwe Bird. The present design was adopted on 18 April 1980. The Zimbabwe Bird, soapstone bird featured on the flag represents a statuette of a bird found at the ruins of Great Zimbabwe. The bird symbolises the history of Zimbabwe; the red star beneath it officially stands for the nation's aspirations but is commonly thought to symbolise socialism, and the revolutionary struggle for freedom and peace. The design is based on the flag of Zimbabwe's ruling party, the Zimbabwe African National Union – Patriotic Front. History The country now known as Zimbabwe was formally known as Southern Rhodesia from 1895 to 1980—although simply Rhodesia was used locally between 1964 until June 1979 after Northern Rhodesia obtained its independence—and then Zimbabwe Rhodesia between June and December 1979. Southern Rhodes ...
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Zimbabwe Inflation Rate 2018 To 2019
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare. The second largest city is Bulawayo. A country of roughly 15 million people, Zimbabwe has 16 official languages, with English, Shona language, Shona, and Northern Ndebele language, Ndebele the most common. Beginning in the 9th century, during its late Iron Age, the Bantu peoples, Bantu people (who would become the ethnic Shona people, Shona) built the city-state of Great Zimbabwe which became one of the major African trade centres by the 11th century, controlling the gold, ivory and copper trades with the Swahili coast, which were connected to Arab and Indian states. By the mid 15th century, the city-state had been abandoned. From there, the Kingdom of Zimbabwe was established, fol ...
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Reform
Reform ( lat, reformo) means the improvement or amendment of what is wrong, corrupt, unsatisfactory, etc. The use of the word in this way emerges in the late 18th century and is believed to originate from Christopher Wyvill#The Yorkshire Association, Christopher Wyvill's Association movement which identified “Parliamentary Reform” as its primary aim.Reform in English Public Life: the fortunes of a word. Joanna Innes 2003 Reform is generally regarded as antithetical to revolution. Developing countries may carry out a wide range of reforms to improve their living standards, often with support from international financial institutions and aid agencies. This can include reforms to macroeconomic policy, the civil service reform in developing countries, civil service, and Public finance, public financial management. In the United States, rotation in office or term limits would, by contrast, be more revolutionary, in altering basic political connections between incumbents and constit ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Capital Budgeting
Capital budgeting in corporate finance is the planning process used to determine whether an organization's long term capital investments such as new machinery, replacement of machinery, new plants, new products, and research development projects are worth the funding of cash through the firm's capitalization structures (debt, equity or retained earnings). It is the process of allocating resources for major capital, or investment, expenditures. An underlying goal, consistent with the overall approach in corporate finance, is to increase the value of the firm to the shareholders. Capital budgeting is typically considered a non-core business activity as it is not part of the revenue model or models of most types of firms, or even a part of daily operations. It holds a strategic financial function within a business. One example of a firm type where capital budgeting is plausibly a part of the core business activities is with investment banks, as their revenue model or models re ...
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Development Aid
Development aid is a type of aid, foreign/international/overseas aid given by governments and other agencies to support the economic, environmental, social, and political International development, development of developing countries. Closely-related concepts include: developmental aid, development assistance, official development assistance, development policy, development cooperation and technical assistance. It is distinguished from humanitarian aid by aiming at a sustained improvement in the conditions in a developing country, rather than short-term relief. Development aid is thus widely seen as a major way to meet Sustainable Development Goal 1 (end poverty in all its forms everywhere) for the developing nations. Aid may be bilateral: given from one country directly to another; or it may be multilateral: given by the donor country to an international organisation such as the World Bank or the United Nations Agencies (UNDP, UNICEF, UNAIDS, etc.) which then distributes it among ...
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Trust Funds
A trust is a legal relationship in which the holder of a right gives it to another person or entity who must keep and use it solely for another's benefit. In the Anglo-American common law, the party who entrusts the right is known as the "settlor", the party to whom the right is entrusted is known as the "trustee", the party for whose benefit the property is entrusted is known as the "beneficiary", and the entrusted property itself is known as the "corpus" or "trust property". A ''testamentary trust'' is created by a will and arises after the death of the settlor. An ''inter vivos trust'' is created during the settlor's lifetime by a trust instrument. A trust may be revocable or irrevocable; an irrevocable trust can be "broken" (revoked) only by a judicial proceeding. The trustee is the legal owner of the property in trust, as fiduciary for the beneficiary or beneficiaries who is/are the equitable owner(s) of the trust property. Trustees thus have a fiduciary duty to manage the ...
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Shona Witch Doctor (Zimbabwe)
Shona often refers to: * Shona people, a Southern African people * Shona language, a Bantu language spoken by Shona people today Shona may also refer to: * ''Shona'' (album), 1994 album by New Zealand singer Shona Laing * Shona (given name) * Shona cabbage, a common name for the vegetable ''Cleome gynandra'' * Shona languages, a wider group of languages as defined in the early 20th Century * Shona music, the traditional music of the Shona people * Shona hopper, a butterfly * Shona hotspot, a geographical feature in the Atlantic ocean * Kingdom of Zimbabwe, a Shona state in the 13th to 15th Centuries * Eilean Shona Eilean Shona ( gd, Eilean Seòna) is a tidal island in Loch Moidart, Scotland. The modern name may be from the Old Norse for "sea island". The pre-Norse Gaelic name, as recorded by Adomnán was or , meaning 'foreshore island', similar to the d ..., a Scottish island {{disambig Language and nationality disambiguation pages ...
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Results Based Testing
A result is the outcome of an event. Result or Results may also refer to: Music * ''Results'' (album), a 1989 album by Liza Minnelli * ''Results'', a 2012 album by Murder Construct * "The Result", a single by The Upsetters * "The Result", a song by Ennio Morricone from '' A Fistful of Dollars'' O.S.T. Other uses * ''Result'' (schooner), a schooner built in Carrickfergus in 1893 * Result, New York, a populated place in Greene County * Result (cricket) * ''Results'' (film), a 2015 film starring Guy Pearce and Cobie Smulders * Results (organisation), a US poverty advocacy organization founded 1980 See also * Result merchant, see Glossary of contract bridge terms#R * '' Results May Vary'', an album by Limp Bizkit 2003 * Causality * Find (other) * Negative result (other) Negative result may refer to: * Proof of impossibility, a proof that a particular problem cannot be solved * Null result, a result which shows no evidence of the intended effect *Null hypot ...
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International Development Association
The International Development Association (IDA) (french: link=no, Association internationale de développement) is an international financial institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income. Together, the International Development Association and International Bank for Reconstruction and Development are collectively generally known as the World Bank, as they follow the same executive leadership and operate with the same staff. The association shares the World Bank's mission of reducing poverty and aims to provide affordable development financing to countries who ...
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Zimbabwe $10 1980 Reverse
Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and Mozambique to the east. The capital and largest city is Harare. The second largest city is Bulawayo. A country of roughly 15 million people, Zimbabwe has 16 official languages, with English, Shona, and Ndebele the most common. Beginning in the 9th century, during its late Iron Age, the Bantu people (who would become the ethnic Shona) built the city-state of Great Zimbabwe which became one of the major African trade centres by the 11th century, controlling the gold, ivory and copper trades with the Swahili coast, which were connected to Arab and Indian states. By the mid 15th century, the city-state had been abandoned. From there, the Kingdom of Zimbabwe was established, followed by the Rozvi and Mutapa empires. The Britis ...
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