Customs procedures have attracted attention of many nowadays, as there is increased trade among nations. Countries have designed laws and procedures as to the treatment of various traded goods. Countries have entered into various trade agreements and some have formed customs unions, just to...

Dollarisation can be a path to economic stability and growth if managed properly. Governments which end up dollarising only do so as a last resort. This paper used both explanatory and empirical approach to explore the nature of currency substitution and dollarisation in Zimbabwe. The paper also...

The class of generalized autoregressive conditional heteroscedastic (GARCH) models has proved particularly valuable in modelling time series with time varying volatility. These include financial data, which can be particularly heavy tailed.This paper investigates the time-series behavior of...

Financial stability contributes to the stability and growth of a nation. There has been a sharp growth in use or trading of derivatives in both mature and emerging markets. The Zimbabwean financial sector is still not trading in derivatives security, yet Zimbabwe Stock Exchange is among the...

Taxation is the commonest and oldest source of government revenue in the world. The main reason for taxation is to finance government expenses and redistribute of wealth. The shadow economy and tax evasion are both widespread in Zimbabwe. When the taxation system is not effective, many economic...

Investment opportunities are plenty, but not all are profitable. This papers seeks to clarify the need to make a proper fundamental analysis when investing in various securities. Fundamental analysis does not require one to be a financial analyst so as to detect high risk assets or assets with a...

Government debt is an indirect debt of the taxpayers, and can be classified as internal or external. Debt crisis is the general term for a proliferation of massive public debt relative to tax revenues. Public debt enables governments to invest in critical areas of the economy where the capacity...

Zimbabwe is one nation that has for many years remained on the top list of economies with high interest rates spread. High interest rates are a signal of financial sector inefficiency. The stability of the financial sector is greatly linked to economic growth and economic stability. The study...

Global concern on financial involvement of country citizens has been increasing over the years. An improved financial sector transforms to economic growth and greater achievement of equality among citizens. On average financial literacy levels of men are far greater than that of women. The study...

Many economies have a significant amount of foreign currency in their monetary systems. The presence of foreign currency implies a certain level of dollarization. Dollarization denotes the use of a foreign currency in any of its three functions: unit of account, means of exchange and, in...