Free Essay

Realignments in Zambia

In:

Submitted By kabwe88
Words 2126
Pages 9
Introduction
Organizations use a wide variety of structural alternatives to help them achieve their purpose and goals, and nearly every firm needs to undergo reorganization at some point to help meet new challenges. Structural changes are needed to reflect new strategies or respond to changes in other contingency factors such as environment, technology, size and life cycle, and culture. The following essay seeks to critically analyze and discuss the realignments that have taken place in the Zambian bureaucracy since the last quarter of 2011 with reference to the body of knowledge on organization structure and design.
In the period between October, 2010 - September 2012, the government of the Republic of Zambia has made pronouncements to change the public service organization structure. This has been as a result of the change of government following the Patriotic Front under the leadership of Micheal Chilufya Sata (PF) ousting the Movement for Multiparty Development (MMD), this was in the September, 2011 Zambia general elections.
Ludwig (1944, defines bureaucracy as a personnel and administrative structure of an organization, implying that the bureaucracy of any organization is a structure that has got positions with people carrying on day to day activities.
Organizational structure is the hierarchical arrangement of lines of authority, communications, rights and duties of an organization. It determines how the roles, power and responsibilities are assigned, controlled, and coordinated, and how information flows between the different levels of management.
A structure depends on the organization's objectives and strategy. In a centralized structure, the top layer of management has most of the decision making power and has tight control over departments and divisions.
In a decentralized structure, the decision making power is distributed and the departments and divisions may have different degrees of independence. A company such as Proctor & Gamble that sells multiple products may organize their structure so that groups are divided according to each product and depending on geographical area as well.
The PF Government action to re-alignment some districts in Zambia is smart and innovative policy. Thanks to PF Government for taking this necessary step to bring government closer to the people. District re-alignment must be supported; for it will bring efficiency and accountability in public service delivery.
The creation of new districts is a big economic and development incentive which will transform those areas. One of the hallmark of the MMD regime is that no one was directly responsible for public service deliver, just look at how local markets were politicized with carders. PF district re-alignment is to allow local people to know whose has responsibility for local public services hence make it easy to hold them accountable. To the people living in newly created regions, take this as an opportunity to develop your local areas.
Unfortunately, there are critics from the former MMD regime and other opposition allies, who still want to continue under failed policies. While so quick to criticize the PF for creating new districts, the opposition is not offering any solutions or alternative plans about decentralization in Zambia. So the real question to the opposition critics is, what is your specific plan for the people in Itezhi-Tezhi, Chirundu and Muchinga?
By creating a new province and districts, PF Government is bringing government closer to the people. As it is said, government closest to the people governs best. MMD failed to recognize the changes in Zambia’s demographics. This contributed to poor planning in public service delivery.
This re-alignment should have been under earlier under the former regime. But MMD failed to do it. This is not about gaining political advantage as claimed by some opposition party members. Political gain advantage claims by the opposition is baseless.
PF government won its biggest landslide victory in the 2011 elections where it received political advantage scores from Zambians. That political advantage means changing and adopting smart ways to govern. MMD had a chance for almost 20 years, it failed to deliver. And voters rejected UPND policies. District re-alignment under the PF Government is about making public service delivery efficient, practical, targeted and close to the people of Zambia
If Zambians are to define their development priorities in terms of the presence of civil service bureaucracy in every nook and cranny of the country, then the Patriotic Front has every right to pursue the path of creating districts and burgeoning civil service without any frustration.
However, this development path the Patriotic Front has taken has received sharp reaction from opposition leaders, with Alliance for Development and Democracy party President Charles Milupi taking a scathing attack on the creation of districts. Mr Milupi says the creation of districts is a pursuit by the ruling party to gain political mileage.
Indeed, even in one’s wildest of dreams, it is difficult to understand why government can still think that constructing offices for government departments and employing the district commissioners, alongside a chain of departmental bureaucrats, in new districts is development.
Does this just show how Zambian leaders have taken the wrong end of the meaning of development?
The meaning of development goes beyond the physical government offices and officers at district level.
It must be defined with concepts that contribute to human development in terms of food security, sound social welfare, quality education, a fledgling health system—especially one that ensures absence of mortality rates from preventable and curable condition, good housing and sustainable management of natural resources.
However, that is not the way the Patriotic Front government views the priority of development.
Government spokesperson Kennedy Sakeni quoted by the Zambia Daily Mail of November 29, 2012, bragged that government will be spending K200 billion next year to construct infrastructure for various departments in the new districts.
Sakeni says that government is serious about the creation of new districts because it is an important vehicle for taking development to the people.
He justifies that the creation of districts will lead to robust infrastructure development as a result of increased transfer of resources from central government, which will in turn attract private sector investment in the new districts and subsequently create job opportunities.
The problem with the assertions of the government spokesperson is that they lack a point of reference. Maybe he, together with his government, must be under some bad spell or illusion—gaining political mileage—they are refusing to accept.
There are existing districts even within the 50 kilometre radius from city centres that barely meet basic education needs and still struggle with health needs of the people.
Lusaka, for example, which is a hub of the central government, holds all the hues of professional qualifications in the name of chief engineer so and so, chief planner so and so, and health expert so and so that are still underutilised.
The residential areas in Lusaka are poorly planned and hardly serviced with basic utilities. The roads are rutted with potholes, the drainage systems are blocked, the sewer-lines hardly function and every other rainy day all houses are flooded in a cesspool of garbage and human excreta.
Smart governments today know that a blotted civil service focused at nonessential staff, is not the best to invest in, especially in a rural area. So, the value of a block of offices constructed at K200 billion for government workers is useless to rural residents that grapple with malnutrition, unclean water sources, collapsed crop marketing structures and farm extension services that are inaccessible.
Government priorities must always focus at optimising resource allocation into development pointers that produce immediate results and innovative ways to stimulate private investment in rural areas if any tangible wealth and job creation is to be realised.
A private investor who wants to put up a tourism resort for bird watching and canoeing at Ncheta Island in the Bangweulu Wetlands wouldn’t mind to see government administrators at Samfya once in a blue moon. But what would kill his immediate inspiration to invest is the absence of reliable water and air transport, lack of good schools, absence of health facilities that can handle emergence cases, and a shorter distance where he can tap energy.
Suffice to say that there is no single district in this country that is adequately meeting these social services. Health infrastructure are mere shells and cannot offer even the basic of primary health care, schools grapple with delivering quality education and peasant farmers are without extension services. Worse still the conservation and management of the natural resources in this country is hopelessly bad.
Sports activities and other personal development programmes like women social clubs are poorly organised, while residential areas are dens of drugs and alcohol abuse and insecurity looms large. This is all in old and existing districts.
Therefore developmental problems of Zambia’s rural ilk do not lie in the absence of heads of departments. This country does not need financing the bureaucracy of unproductive positions—District Commissioner, District Agriculture Coordinator, District Medical Officer, District Intelligence officer and heads of government organisations.
The development priorities of the Patriotic Front government and its justification of creating districts must be causing sleepless nights among the United Nations Development Programme (UNDP) experts away from their diplomatic corridors. This is because the Human Development Index has no district commissioners’ office as a measure of progress.
What Zambia needs today is not to create the bigger bureaucracy of rural district white collar jobs.
The country needs a motivated trained labour that will fold sleeves and do the hands-on work—show the hapless villagers the basic technology in water and sanitation, break the stones with them to pave their roads and mix the mulch and manure for a composite heap to produce market crops.
It also yearns for motivated paramedical personnel, teachers and social development workers, provided the right support to hold firm the hands of rural children and women and walk with them through that challenging path of primary health and education. Above all they need business scouts that will pave new exciting path of technology and entrepreneurship.
A visit to a single government office in a rural area reveals the dysfunction a typical district bureaucracy occupies in the strata of rural development. It reveals government officers, who are more of ‘mortuary attendants’ watching over dead reports that indicate more failures than successes.
It reveals how busy the bureaucrats are organising gossip meetings with ruling party cadres and talking shop development coordinating committee meetings that hardly result into implementation.
Worse still, the major daily activities includes forging receipts to retire funding, with barely a quarter of the allocations going into service delivery other than administrative consumption— expensive furniture, fuel and allowances to attend workshops in Lusaka, office tea, cookies and soft drinks, including all unnecessary expenditure.
Therefore cost efficiency of creating district office blocks fall far short when of the long term development that the Patriotic Front claims the exercise is intended to facilitate.
This is why it must be shocking to politicians like Charles Milupi to hear government spokesperson, Sakeni, justify government creation of districts.
There are districts, long created before this country’s independence 48 years ago, that cannot still deliver the development needs of the people.
Despite these old districts having a lot of potential for private investment, they have gone through boom and bust cycles with the vagaries of the market economy working against them.
Sadly, the district bureaucracy that has changed names of positions and programmes has done very little to address these developmental challenges, simply reminding us that the development Zambia needs is different from the same old way of doing things.
Therefore the K200 billion for infrastructure in new districts is another budgetary allocation completely put in a wrong place by government in an old way of doing things.
This kind of money can build nine good second level referral hospitals with all emergence equipment that would cut on the cost resulting from women dying in child birth due to obstetric complications and money spent on fuel to transport patients from one remote mission hospital over a pothole rutted 120 kilometres road to a provincial hospital.

REFERENCES
Petrauskis, C., (2005) Restoring Dignity to Employment in Zambia: Legal and Moral Motivation to Promote the Common Good, preliminary reaction, JCTR, 26 September 2005

CSPR, The Path Away from Poverty: An Easy Look at Zambia’s Poverty Reduction Strategy Paper 2002-2004, CSPR Zambia, Poverty Eradication Newsletter (PEN), Issue No. 5, June 2005 http://www.ukzambians.co.uk/ Mtetesha N., et al (2011), The impact of the National housing policy on assisting the poor acquire decent shelter: a case study of Kalingalinga and Chalala residential areas, Policy monitoring and evaluation report, unpublished manuscript, University of Zambia.

Simon, D. (2002), Can Democracy Consolidate in Africa amidst Poverty? Economic Influences upon Political Participation in Zambia, Commonwealth and Comparative Politics, 40/1: 23-42

Similar Documents

Free Essay

Conti

...Introduction Organizations use a wide variety of structural alternatives to help them achieve their purpose and goals, and nearly every firm needs to undergo reorganization at some point to help meet new challenges. Structural changes are needed to reflect new strategies or respond to changes in other contingency factors such as environment, technology, size and life cycle, and culture. The following essay seeks to critically analyze and discuss the realignments that have taken place in the Zambian bureaucracy since the last quarter of 2011 with reference to the body of knowledge on organization structure and design. In the period between October, 2010 - September 2012, the government of the Republic of Zambia has made pronouncements to change the public service organization structure. This has been as a result of the change of government following the Patriotic Front under the leadership of Micheal Chilufya Sata (PF) ousting the Movement for Multiparty Development (MMD), this was in the September, 2011 Zambia general elections. Ludwig (1944, defines bureaucracy as a personnel and administrative structure of an organization, implying that the bureaucracy of any organization is a structure that has got positions with people carrying on day to day activities. Organizational structure is the hierarchical arrangement of lines of authority, communications, rights and duties of an organization. It determines how the roles, power and responsibilities are assigned, controlled, and...

Words: 2126 - Pages: 9

Premium Essay

Project

...CHP-1, INTRODUCTION ON BHARTI AIRTEL Bharti Airtel Limited, commonly known as Airtel, is an Indian telecommunications services company headquartered at New Delhi, India. It operates in 20 countries across South Asia, Africa and the Channel Islands. Airtel has GSM network in all countries, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the world's third-largest mobile tele communications company with over 261 million subscribers across 20 countries as of August 2012. It is the largest cellular service provider in India, with 185.92 million subscribers as of September 2012. Airtel is the third largest in-country mobile operator by subscriber base, behind China Mobile and China Unicom. Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the airtel brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold Certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. Airtel is credited with pioneering the business strategy of outsourcing all of its business operations except marketing, sales and finance and building the 'minutes factory'...

Words: 12985 - Pages: 52

Premium Essay

Celtel Nigeria

...ESMT–309–0096–1 ES0961 March 27, 2009 ESMT Case Study Celtel Nigeria: Towards serving the rural poor (A) Introduction In mid–2007 Celtel Nigeria was the second largest mobile telecommunications company in the Nigerian market with a 28 percent market share and subscriber base of approximately eight million. The company had experienced considerable success in serving Nigeria’s cities and larger towns, but had only recently shifted its attention to serving poorer consumers in rural areas—a massive but as of yet under tapped market. But this shift from urban to rural had not been easy, and although some 50 percent of Nigeria’s population lived in rural regions the challenges of reaching them sometimes seemed overwhelming. The absence of a reliable national electricity grid meant that the company’s rural telecommunications towers had to be run on diesel generators, resulting in high maintenance and diesel fuel costs. Theft and vandalism of expensive communications equipment and generators This case study was written by Jamie Anderson of TiasNimbas Business School and Martin Kupp of ESMT European School of Management and Technology. Sole responsibility for the content rests with the authors. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. Copyright 2009 by ESMT European School of Management and Technology, Berlin, Germany, www.esmt.org. All rights reserved. No part...

Words: 6761 - Pages: 28

Premium Essay

Indian Economy Governance

...rP os t 9 -7 1 2 -0 3 8 REV: MARCH 12, 2014 LAKSHMI IYER RICHARD H. K. VIETOR India 2014: The Challenges of Governance op yo Introduction In January 2014, India’s government faced significant economic and social challenges. Economic growth rates had slowed from 10.5% in 2010 to only 4.9% in 2013. Inflation remained stubbornly high at 10.1%, despite sustained interest rates of around 10%, and the rupee/dollar exchange rate depreciated from 45 rupees in March 2011 to 62 rupees in December 2013. tC The ruling Congress Party faced worsening political obstacles as well. After the 2009 elections, the government had found it very difficult to enact substantive new legislation, owing to gridlock caused by opposition political parties and the Congress Party’s own coalition partners. A decision to allow foreign investment in retail megastores had been put on hold following objections by the Trinamool Congress, a key political ally.1 In September 2012, legislation was passed to allow foreign investment in multi-brand retail stores in states which agreed to implement the decision. 2 After making more than 100 amendments to satisfy diverse stakeholders, a new Land Act was passed in August 2013 to enable the state to acquire land for industrial growth more efficiently, with increased compensation for landowners.3 No Over the past few years, a series of high-profile corruption scandals had resulted in the resignation of several cabinet ministers and state chief ministers. These scandals...

Words: 15079 - Pages: 61

Premium Essay

Information Tectnology

...NATIONAL OPEN UNIVERSITY OF NIGERIA SCHOOL OF ARTS AND SOCIAL SCIENCE COURSE CODE:POL 122 COURSE TITLE:INTRODUCTION TO AFRICAN POLITICS POL 122 INTRODUCTION TO AFRICAN POLITICS COURSE GUIDE POL 122 INTRODUCTION TO AFRICAN POLITICS Course Writer/Developer Mr. Sikiru Lanre Nurudeen Department of Political Science and Conflict Resolution Al – Hikmah University, Ilorin Kwara State Course Editor Prof. M. Olarotimi Ajayi Faculty of Social Sciences Covenant University Otta Course Coordinator Mr. Abdul-Rahoof A. Bello National Open University of Nigeria ii POL 122 INTRODUCTION TO AFRICAN POLITICS NATIONAL OPEN UNIVERSITY OF NIGERIA National Open University of Nigeria Headquarters 14/16 Ahmadu Bello Way Victoria Island Lagos Abuja Office No. 5 Dar es Salaam Street Off Aminu Kano Crescent Wuse II, Abuja Nigeria e-mail: centralinfo@nou.edu.ng URL: www.nou.edu.ng Published by National Open University of Nigeria Printed 2009 ISBN: 978-058-415-3 All Rights Reserved iii POL 122 INTRODUCTION TO AFRICAN POLITICS CONTENTS PAGE Introduction ………………………………………….…………… 1 Course Aims ……………………………………………………… 1 Course Objectives ………………………………………………... 1 Working through Course……………………………………. This 2 Course Materials………………………………………………….. 2 Study Units………………………………………………………. . 2 Text books and References……………………………………….. 3 Assessment File…………………………………………………… 3 Tutor-Marked Assignment ……………………….. ……………… 4 iv POL 122 INTRODUCTION TO AFRICAN POLITICS Final Examination Grading…………………………………...

Words: 67952 - Pages: 272

Free Essay

International Monetary Fund Decision Making

...Pamphlet Series No. 53 Governance of the IMF Decision Making, Institutional Oversight, Transparency, and Accountability Leo Van Houtven INTERNATIONAL MONETARY FUND 2002 Pamphlet Series No. 53 Governance of the IMF Decision Making, Institutional Oversight, Transparency, and Accountability Leo Van Houtven INTERNATIONAL MONETARY FUND Washington, D.C. 2002 ISBN 1-58906-130-6 ISSN 0538-8759 August 2002 The views expressed in this pamphlet, including any legal aspects, are those of the author and should not be attributed to Executive Directors of the IMF or their national authorities. Cover design and typesetting: IMF Graphics Section Please send orders to: International Monetary Fund, Publication Services 700 19th Street, N.W., Washington, D.C. 20431, USA Tel.: (202) 623-7430 Telefax: (202) 623-7201 E-mail: publications@imf.org Internet: http://www.imf.org Contents Preface ............................................................................................... List of Abbreviations ........................................................................ I. II. Introduction ........................................................................... Quotas and Voting Power in the IMF: A System That Calls for Greater Equity ................................................... Role of Quotas and the Debate on the Quota Formula............ Further Work Toward Correcting Distortions and Enhancing Equity in Voting Power .....................

Words: 31743 - Pages: 127

Premium Essay

History

...ZIMBABWE THE 2012 MID-YEAR FISCAL POLICY REVIEW “From Crisis to Austerity: Getting Back to Basics” Presented to the Parliament of Zimbabwe By Hon. T. Biti M.P. Minister of Finance 18 July 2012 1 2 Table of Contents INTRODUCTION .............................................................................. 9 THE 2012 BUDGET OVERVIEW .................................................... 12 STATE OF THE ECONOMY AND PROPOSED INTERVENTIONS . 16 GDP Growth Slowdown ........................................................ 16 The 2012 Mid-Year Fiscal Policy Review Thrust ................... 19 AGRICULTURE .......................................................................... 20 Productivity ........................................................................... 22 SADC Food Situation ............................................................ 25 Tobacco Marketing ............................................................... 26 Cotton Marketing .................................................................. 27 Livestock ............................................................................... 28 Outlook ................................................................................. 29 Financing .............................................................................. 29 Leases and Surveying ........................................................... 31 Access to Inputs ................................................................... 32 Irrigation .....

Words: 20733 - Pages: 83

Premium Essay

World Investment Report 2013

...U N I T E D N AT I O N S C O N F E R E N C E O N T R A D E A N D D E V E L O P M E N T WORLD INVESTMENT REPORT 2013 GLOBAL VALUE CHAINS: INVESTMENT AND TRADE FOR DEVELOPMENT New York and Geneva, 2013 ii World Investment Report 2013: Global Value Chains: Investment and Trade for Development NOTE The Division on Investment and Enterprise of UNCTAD is a global centre of excellence, dealing with issues related to investment and enterprise development in the United Nations System. It builds on four decades of experience and international expertise in research and policy analysis, intergovernmental consensusbuilding, and provides technical assistance to over 150 countries. The terms country/economy as used in this Report also refer, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgment about the stage of development reached by a particular country or area in the development process. The major country groupings used in this Report follow the classification of the United Nations Statistical Office. These are:...

Words: 156671 - Pages: 627

Premium Essay

World Investment Report

...U N I T E D N AT I O N S C O N F E R E N C E O N T R A D E A N D D E V E L O P M E N T WORLD INVESTMENT REPORT 2013 GLOBAL VALUE CHAINS: INVESTMENT AND TRADE FOR DEVELOPMENT New York and Geneva, 2013 ii World Investment Report 2013: Global Value Chains: Investment and Trade for Development NOTE The Division on Investment and Enterprise of UNCTAD is a global centre of excellence, dealing with issues related to investment and enterprise development in the United Nations System. It builds on four decades of experience and international expertise in research and policy analysis, intergovernmental consensusbuilding, and provides technical assistance to over 150 countries. The terms country/economy as used in this Report also refer, as appropriate, to territories or areas; the designations employed and the presentation of the material do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. In addition, the designations of country groups are intended solely for statistical or analytical convenience and do not necessarily express a judgment about the stage of development reached by a particular country or area in the development process. The major country groupings used in this Report follow the classification of the United Nations Statistical Office. These are:...

Words: 156671 - Pages: 627

Premium Essay

Drug Addiction

...10 Combination HIV Prevention: Tailoring and Coordinating Biomedical, Behavioural and Structural Strategies to Reduce New HIV Infections A UNAIDS Discussion Paper UNAIDS – JC2007 (English original, September 2010) © Joint United Nations Programme on HIV/AIDS (UNAIDS) 2010. All rights reserved. Publications produced by UNAIDS can be obtained from the UNAIDS Content Management Team. Requests for permission to reproduce or translate UNAIDS publications—whether for sale or for noncommercial distribution— should also be addressed to the Content Management Team at the address below, or by fax, at +41 22 791 4835, or e-mail: publicationpermissions@unaids.org. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of UNAIDS concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or of certain manufacturers’ products does not imply that they are endorsed or recommended by UNAIDS in preference to others of a similar nature that are not mentioned. Errors and omissions excepted, the names of proprietary products are distinguished by initial capital letters. All reasonable precautions have been taken by UNAIDS to verify the information contained in this publication. However, the published material is being distributed without warranty of any...

Words: 15099 - Pages: 61

Free Essay

Globalization

...GLOBALIZATION BACKLASH AND THE RISE OF ANTI-HEGEMONIC PARTY STATES Diego Olstein Hebrew University of Jerusalem Contents Introduction: Globalization and Anti-Hegemonic Party State………………………………..5 Part I: Principle Chapter 1: Defining Anti-Hegemonic Party State………………………………………………….18 Chapter 2: Anti-Hegemonic Party State and Domestic Features of Political Regimes…………………………………………………………………………………………… 44 Chapter 3: Anti-Hegemonic Party State and Exogenous Perspective on Political Regimes……………………………………………………………………………………………75 Part II: History Chapter 4: The Global Rise of Anti-Hegemonic Party States and Globalization Backlash 1917-1945...…………………………………………………………….91 Chapter 5: The Big Leap of Anti-Hegemonic Party States: The Second Wave 1946-1975…………………………………………………………………………………………………………………111 Chapter 6: Globalization Anew and the Marginalization of Anti-Hegemonic Party States 1976-2010………………………………………………………142 Conclusions Introduction: Globalization and Anti-Hegemonic Party State In 1997 the European Commission defined Globalization “as the process by which markets and production in different countries are becoming increasingly interdependent due to the dynamics of trade in goods and services and flows of capital and technology. It is not a new phenomenon but the continuation...

Words: 33126 - Pages: 133

Free Essay

2012 Global Pricing System, Transfer Pricing

...GLOBAL TRANSFER PRICING SERVICES Global Transfer Pricing Review kpmg.com TAX © 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. Contents Introduction Country Snapshots Country Overviews Glossary of Terms Find out more 2 4 10 255 256 © 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. 2 | Global Transfer Pricing Review Introduction © 2012 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. All rights reserved. Introduction | 3 As multinational companies continue to globalize their supply chains, transfer pricing is increasingly at the forefront of business transformation initiatives. Organizations recognize that transfer pricing strategies can add significant value to business projects and help fund future growth as they look to maximize efficiencies and minimize their global tax liabilities. The transfer pricing environment is constantly changing, in terms of both risks and opportunities. Multinational companies...

Words: 144636 - Pages: 579

Premium Essay

Business

...Financial Highlights (In millions, except for per share amounts) Year-end 2011 2010 % B/(W) change Company sales Franchise and license fees and income Total revenues Operating Profit Net Income – Yum! Brands, Inc. Diluted Earnings Per Common Share before Special Items Special Items Earnings Per Common Share (a) (a) $ 10,893 1,733 $ 12,626 $ $ $ $ $ 1,815 1,319 2.87 (0.13) 2.74 2,170 $ 9,783 1,560 11 11 11 3 14 14 NM 15 10 $ 11,343 $ $ $ $ $ 1,769 1,158 2.53 (0.15) 2.38 1,968 Reported Diluted Earnings Per Common Share Cash Flows Provided by Operating Activities (a) See page 23 of our 2011 Form 10-K for further discussion of Special Items. Contents Dear Partners..................................................................................... 1 China and A Whole Lot More .......................................................2–5 Improving US Brand Positions .................................................... 6-7 Core Strategies ...................................................................................... 8 Business Model...................................................................................... 9 Taking People With You ..................................................................... 10 ABOUT THE PAPER USED FOR THIS REPORT The inks used in the printing of this report contain an average of 25% - 35% vegetable oils from plant derivatives, a renewable resource. They replace petroleum based inks as an effort to also reduce...

Words: 103879 - Pages: 416

Free Essay

Personality Factor in the Conduct of Nigeria’s Diplomacy: a Comparative Study of the Olusegun Obasanjo and Musa Yar’adua Administrations, 1999-2000

...PERSONALITY FACTOR IN THE CONDUCT OF NIGERIA’S DIPLOMACY: A COMPARATIVE STUDY OF THE OLUSEGUN OBASANJO AND MUSA YAR’ADUA ADMINISTRATIONS, 1999-2000 Proposal submitted by Oluwatoyin Alabi to DR. David Aworawo, of the Post Graduate School, University of Lagos. In partial fulfillment of the Requirements for the award of the Degree: Masters of International Relations and Strategic Studies. (MISS) AUGUST 2012 PROPOSAL This work, adopting a multidisciplinary approach, seeks to analyse aspects of Nigeria’s diplomacy, specifically the effect of the leader’s personality on the conduct of Nigeria’s external relations. To effectively do this, the work shall comparatively assess Nigeria’s diplomacy under Presidents Obasanjo and Yar'Adua from 1999-2010. Seeking to see the effect their personality type had on the manner, trends and approach to Nigeria’s diplomacy during the period. On record President Obasanjo undertook a shuttle diplomatic effort across the globe especially between 1999 and 2002, this is said to have reintegrated Nigeria into the comity of Nations, where she was previously a pariah. How did his personality affect these efforts? Was his personality added value or reduced value? At the point of his death President Yar’Adua was ECOWAS chairman, previously in 2009 he attended the G20 meeting in Germany, visited President George Bush at the start of his term and other diplomatic engagements. How did his personality affect all these? On the whole how did the respective...

Words: 31209 - Pages: 125

Free Essay

Japan Trade Laws

...Country Commerce Japan Released September 2011 The Economist Intelligence Unit 750 Third Avenue New York NY 10017 USA Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For 60 years it has been a source of information on business developments, economic and political trends, government regulations and corporate practice worldwide. The Economist Intelligence Unit delivers its information in four ways: through its digital portfolio, where the latest analysis is updated daily; through printed subscription products ranging from newsletters to annual reference works; through research reports; and by organising seminars and presentations. The firm is a member of The Economist Group. London Economist Intelligence Unit 26 Red Lion Square London WC1R 4HQ United Kingdom Tel: (44.20) 7576 8000 Fax: (44.20) 7576 8500 E-mail: london@eiu.com Hong Kong Economist Intelligence Unit 60/F, Central Plaza 18 Harbour Road Wanchai Hong Kong Tel: (852) 2585 3888 Fax: (852) 2802 7638 E-mail: hongkong@eiu.com New York Economist Intelligence Unit The Economist Group 750 Third Avenue 5th Floor New York, NY 10017, US Tel: (1.212) 554 0600 Fax: (1.212) 586 0248 E-mail: newyork@eiu.com Geneva Economist Intelligence Unit Boulevard des Tranchées 16 1206 Geneva Switzerland Tel: (41) 22 566 2470 Fax: (41) 22 346 93 47 E-mail: geneva@eiu.com This report can be accessed electronically as...

Words: 52449 - Pages: 210