...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. “Further, confidence in the financial services sector is central...
Words: 1914 - Pages: 8
...many contributors mainly the thirty three boroughs which make up the geographical landscape, Greater London Authority, Background London is the capital city of the United Kingdom and is made up of thirty three boroughs. The spatial structure of London is the city of London which is a square mile in the centre of the area and Greater London are the surrounding areas. London is unique as it houses the main seat of government and is: the most populated urban region Six London boroughs: Hackney, Newham, Tower Hamlets, Islington, Waltham Forest and Barking and Dagenham are in the top ten most deprived Boroughs in England. The green economy such as solar power and wind power is one of the fastest growing sectors with in London despite the economic downturn with 9000 businesses offering employment to 160000 in a sector worth 23-27 billion pounds London is responsible for 24% of the total value of the United Kingdom’s exports At the 2011 censors London population was 8.17 million making it the most...
Words: 2850 - Pages: 12
...UNION BUDGET 2012-13 16 March 2012 INTRODUCTION The Indian Government finds itself in an unenviable economic position at the current moment. First, the tight monetary policy adopted by the RBI in the past months has led to a dip in GDP growth rates, from the 9% figure projected in the previous budget to a modest 6.9%. Second, there has been an increase in the fiscal deficit, which can be explained by lower than expected revenue collections from taxes (due to slowing growth), low disinvestment and spectrum sale revenues, and the growth of subsidies leading to an increase in government expenditure during FY 2011-12. India’s fiscal deficit during FY 2011-12 was 5.9%, far above last year’s budget estimate of 4.6%. Third, given the current volatile political scenario, the government has to project a pro-common man image. Budget 2012-13 appears to be a realistic budget, balancing the objectives of financial prudence, GDP growth and populist measures. Most of the policies put forth in this budget were along expected lines. And, the initial response from the stock market supports the same. Fiscal prudence The finance minister clearly outlined measures the government is taking to increase its revenues, including increasing the service tax rate to the pre-stimulus level of 12%, increasing excise duty to 12% and setting a disinvestment target of Rs. 30,000 crore for the year. This budget’s big idea was the introduction of systems to enhance the simplification of tax laws, increase...
Words: 2485 - Pages: 10
...Accounting Standards Building international opportunities for Australian business Corporate Law Economic Reform Program Proposals for Reform: Paper No. 1 © Commonwealth of Australia 1997 ISBN 0 642 26110 5 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Australian Government Publishing Service. Requests and inquiries concerning reproduction rights should be directed to the Manager, Commonwealth Information Services, Australian Government Publishing Service, GPO Box 84, Canberra ACT 2601. The Government is seeking comments from interested parties on the detail of the proposals in this paper which should be forwarded to the following address:| First Assistant SecretaryBusiness Law DivisionThe TreasuryParkes PlacePARKES ACT 2600|Telephone:Fax:Email:|02 6263 396002 6263 2882clerp@treasury.gov.au| Copies of this paper are available from the Australian Government Publishing Service and on the Treasury web site (http://www.treasury.gov.au).Enquiries concerning the paper can be made to:Ms Veronique IngramAssistant SecretaryThe TreasuryTelephone: 02 6263 3970| Printed by the Australian Government Publishing Service Table of Contents Page Abbreviations v PART 1: Reform Proposals 1 PART 2: Introduction 9 2.1 Background 9 2.2 Key economic principles 10 PART 3: The Case for Reform 11 3.1 Impetus for reform 11 3.2 What the Government is seeking...
Words: 20265 - Pages: 82
...ISLAMIC PROJECT FINANCE AND PRIVATE FUNDING SCHEMES INTRODUCTION From Islamic perspective there is no objection to such private provision (private sector companies) but there is always involve Shariah compliance issues. There is borrowing on the basis of riba is haram. The adoption of Islamic financing techniques such as istisna can avoid such difficulties and discounting of future income is seen as legitimate by Islamic economist. This technique can be used to calculate for social rate of return in Muslim societies. Increased knowledge can reduces uncertainty involved in any project but it will take time to reach the fruition. The modern techniques of project appraisal can be used by Islamic financial institutions and if there is commercial funding method that gives the appropriate needs and circumstances of Muslims countries and communities. As raise the private sectors, good information flow is important for the project to be properly evaluated. The issue of discounting is potentially causes problems from the perspective of Shariah. Discounting rate is equated with interest rate which constitutes riba. It also useful tool if the decision on the merits of different projects are to be made on the basis of comparison from their present value. Such the calculations enhance the knowledge of decision makers. Islamic financing instruments are used to replace the interest-based borrowing and to ensure the financial arrangements are efficient. 2. State arrangement of project...
Words: 3173 - Pages: 13
...Accounting Standards Building international opportunities for Australian business Corporate Law Economic Reform Program Proposals for Reform: Paper No. 1 © Commonwealth of Australia 1997 ISBN 0 642 26110 5 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Australian Government Publishing Service. Requests and inquiries concerning reproduction rights should be directed to the Manager, Commonwealth Information Services, Australian Government Publishing Service, GPO Box 84, Canberra ACT 2601. The Government is seeking comments from interested parties on the detail of the proposals in this paper which should be forwarded to the following address: First Assistant Secretary Business Law Division The Treasury Parkes Place PARKES ACT 2600 Telephone: 02 6263 3960 Fax: 02 6263 2882 Email: clerp@treasury.gov.au Copies of this paper are available from the Australian Government Publishing Service and on the Treasury web site (http://www.treasury.gov.au). Enquiries concerning the paper can be made to: Ms Veronique Ingram Assistant Secretary The Treasury Telephone: 02 6263 3970 Printed by the Australian Government Publishing Service TABLE OF CONTENTS Page Abbreviations PART 1: PART 2: Reform Proposals Introduction 2.1 2.2 PART 3: Background Key economic principles v 1 9 9 10 11 11 12 13 13 14 16 17 19 19 19 20 22 23 The Case for Reform 3.1 3.2 Impetus...
Words: 22505 - Pages: 91
...people in different communities. The state contributes about 40% of all the expenditures on health while the public health sector delivers 80% of the population. Many resources are concentrated in the private health sector. These resources see to the health needs of the remaining 20% of the population. Public health consumes around 11% of the government’s total budget. The way the resources are allotted, and the standard of health care delivered, varies from country to country. Although there are similarities between South Africa and the United States regarding healthcare, South Africa remains at a lower level than the United States because of funding, education, medical supplies, and equipment/ machines to complete diagnostic testing. South Africa has a private and public healthcare system. There are more than 200 private hospitals owned by different private physicians or large corporations. Private hospitals have 24,537 beds while public hospitals have 110,143, according to David Hidler of PHNP. Public health care is free to pregnant women and children under the age of six. Other patients receiving care pay on a fee for service basis. This means that the patient’s pays for only treatment received while under the physicians care. The gross inequity between the two sectors has led health ministers to threaten regulation that requires the private sector to obtain a “certificate of need” from the Department of Health before a major purchase can be made. This includes any MRI...
Words: 1237 - Pages: 5
...UNIT 33: THE SPORT AND LEISURE SECTOR Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the growth and influence of the sport and leisure sector Sport and leisure sector: facilities and activities; outdoor and indoor; minority sports; professional clubs; entertainment; hospitality and exhibitions; fashionable sports and leisure activities and trends in sport and leisure; commercial and private providers; professional sport; cinemas and theatres; exhibitions; health clubs and spas; sports merchandise; voluntary eg local sports clubs, drama groups; public eg local authority leisure centres, national stadia, venues, parks and events; schools and specialist sports/drama colleges, further education centres of excellence, government organisations; other agencies and providers Growth and expansion: related to age, gender, socio-economic group, lifestyle, geographical location, disability/health status, governmental imperatives; improved choice; health clubs, specialist activities, purpose-built facilities; educational eg new sports/drama colleges and centres of excellence; events management; recreation, arts and entertainment; outdoor activities; adventure tourism; special interest tourism; sports development policy and planning; consumption; lifestyle; national governing bodies; sector skills councils; sports councils to reflect national government policy on sport and associated areas eg fitness; elite training facilities and services eg growth of youth...
Words: 1231 - Pages: 5
...Over the past couple of years, the Indian banking sector has displayed a high level of resilience in the face of high domestic inflation, rupee depreciation and fiscal uncertainty in the US and Europe. In order to stimulate the economy and support growth of the banking sector, the Reserve Bank of India (RBI) adopted several policy measures. © 2013 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Asset quality, capital adequacy, financial inclusion and talent management are some of the key issues facing the Indian banking industry, which despite serving the second largest populated country in the world with a total of 87 banks (including 26 public sector banks, 20 private banks and 41 foreign banks), as per the RBI, reaches out to only about half of the country’s households, scripting a nominal global footprint. The rising consumerism from the emerging ‘middle’ India and the higher purchasing power in rural India on account of rising employment provides opportunities for banks to look beyond the traditional customer segments. However, these segments would require flexible operating models which would ensure responsiveness at the last mile and at the same time be viable for the banks. On the other hand, global aspirations of Indian corporates calls for funding of cross-country acquisitions, greater sophistication...
Words: 7327 - Pages: 30
...Introduction Public administration is the execution of government strategies for Canada and any other nation for that subject. It also studies this execution and ensures that the civil servants work towards achieving the government goals and objectives. Public administration is both a field of performance and an academic authority that caters for the obligations of the government in Canada. As a field of analysis with miscellaneous scale, its elementary objective is to ensure that there is progress in policies and management that make the Canadian government function (Robert and Denhardt 213). This administration offers public programs management, translates politic into reality, and studies the decisions that the government makes. The Canadian administration also analyzes the policies, and the inputs that make the policies. Public administration works to organize the programs and policies plus the official’s behaviors. Private administration in Canada is responsible for the processes of retailing, manufacturing, and supply of products and services in exchange for currency (Dwivedi, Byron, Sheldrick and Tim 123). The Canadian public administration handles data in a different way from private administration. People who work in private administration do not have the right to get information regarding private industry or business. Canadian government agencies need the private administration to report data like times records, employee earnings and demographics, and other laws necessary...
Words: 2198 - Pages: 9
...the Edges Third Sector and the Third Way Barriers to the fulfilment of expectations of and from voluntary sector organisations under a New Labour government Dissertation for MSc Voluntary Sector Policy & Administration (SA475) June 2000 Department of Social Policy London School of Economics & Political Science Synopsis Voluntary organisations as a vehicle for volunteering, for active citizenship and for a healthier, civil society have become an important of New Labour’s thinking. The voluntary sector is also identified as a vehicle through which government priorities may be more effectively addressed in particular, measures to address social exclusion[1]. This dissertation considers the current state of the relationship between the voluntary sector and the Government and seeks to identify barriers to the fulfilment of this political vision in the context of one Department’s work.[2] The study discusses the findings in the light of the emerging thinking on the Third Way and the substantial body of work on contracting - the medium through which much of the relationship is conducted in the case of the DfEE. Whereas there is an apparent willingness to consider measures to overcome recognised barriers, there appears to be confusion about the extent to which goal deflection may have damaged the legitimacy of voluntary sector organisations. There is therefore uncertainty about which part of the voluntary sector (service delivery organisations, the community sector or social entrepreneurs)...
Words: 6499 - Pages: 26
...three pillars;economic, social and political. The social pillar seeks to build a just and cohesive society with social equity in a clean and health environment. The pillar aims to transform eight key social sectors including; education and training, health, water and sanitation, environment, housing and urbanization. The Kenya Vision 2030 identifies the education sector as key within the social pillar to steer Kenya into middle-level income country in 20 years. 1.1 Overall Goal on Education and Training Under education and training, Kenya aims to provide a globally competitive and quality education, training and research. Kenya aims to be a regional centre of research and development in new technologies. This will be achieved through: i) Integrating early childhood education into primary education ii) Reforming secondary school curricula iii) Modernizing teacher training iv) Strengthening partnerships with the private sector v) Developing key programmes for learners with special needs vi) Rejuvenating ongoing adult training programmes vii) Revising the curriculum for university and technical institutes to include more science and technology; and viii) In partnership with the private sector, the Government will also increase funding to enable all these institutions to support activities envisaged under the economic pillar 1.2 Medium Term Plans Vision 2030 is being implemented through Medium Term Plans which outlines short...
Words: 2369 - Pages: 10
...RESEARCH AND INNOVATION POLICY OF BRAZIL 1. Some Numbers: • Total area - 8.5 million km² • Population - 191 million • GDP (2010) - 3,7 US$ trillion • Investment in R&D - 1.25 % GDP in 2010 • Scientists and researchers - 231,000 in 2010 (headcount) • Scientific papers - 2.7 % of world scientific production • world's sixth largest by nominal GDP • eighth largest by purchasing power parity. • moderately free markets and an inward-oriented economy. • the largest in Latin American nations ere. • one of the fastest-growing major economies in the world with an average annual GDP growth rate of over 5 percent • together with Mexico, has been at the forefront of the Latin American multinationals phenomenon by which, thanks to superior technology and organization, local companies have successfully turned global. 2. Overview Brazil has many times in its history praised to be the land of the future. First, Brazil with population of 190 million, the past eight years “Bolsa Familia” social program have lifted over 40 million Brazilians out of poverty and into middle class. This creates interesting platform for creating context related innovations and scaling bottom-of-the-pyramid innovations (disruptive and reverse) globally. Second, Brazil was almost non-effected by financial crisis 2008, a signal for strong and stable macro-economic policies. This means that Brazil, first time in its history, is becoming an interesting country for long term investment...
Words: 1741 - Pages: 7
...Finance Minister in the Budget Speech for 2007-08 announced in the parliament the setting up of a Revolving Fund with a corpus Rs. 100 Crore to quicken the process of project preparation. Accordingly the corpus fund titled India Infrastructure Project Development Fund (IIPDF) has been created in Department of Economic Affairs, Ministry of Finance, Government of India with an initial corpus of Rs. 100 Crore for supporting the development of credible and bankable Public Private Partnership (PPP) projects that can be offered to the private sector. The IIPDF has been created with initial budgetary outlay by the Ministry of Finance, Government of India. The procurement costs of PPPs, and particularly the costs of Transaction Advisors, are significant and often pose a burden on the budget of the Sponsoring Authority. Department of Economic Affairs (DEA) has identified the IIPDF as a mechanism through which Sponsoring Authority will be able to source funding to cover a portion of the PPP transaction costs, thereby reducing the impact of costs related to procurement on their budgets. From the Government of India’s perspective, the IIPDF must increase the quality and quantity of bankable projectsthat are processed through the Central or States project pipeline. The IIPDF will be available to the Sponsoring Authorities for PPP projects for the purpose of meeting the project development costs which may include the expenses incurred by the Sponsoring Authority in respect of feasibility studies...
Words: 2076 - Pages: 9
...the environment and leaders in the struggle to eradicate poverty the purpose of green washing is to preserve and expand their markets by posing as friends of the environment and leaders in the struggle to eradicate poverty. The history of green washing begins with research of environmentalist Jay Westerveld in 1986, in an essay regarding the hotel industry’s practice of placing green placards in each room, promoting reuse of guest-towels, ostensibly to “save the environment. Energy sector represents “biomass, coal, electricity, geothermal energy, hydrogen, hydropower, natural gas, nuclear power, petroleum, solar power, and power wind”, companies involved in generating energy. In this research paper, main focus is analyzing major energy industry components such as Petroleum industry, Nuclear power industry and Coal power industry, in order to explore the related Green Washing phenomenon. As an example for green washing, “Australian Federal Government’s Green Washing Campaign of nuclear power as a “clean” energy source and as the primary solution to reduce Australia’s green house emissions”, analyzed in this research. As an example in coal industry “ the clean coal” campaign recognized and analyzed as an green washing propaganda done by both government and private corporations. In petroleum industry, green washing occurs in two ways such as marketing campaign and research contributions. BP’s Beyond petroleum, and Chevrons “people do” advertising campaigns recognized as...
Words: 2720 - Pages: 11
