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determinants of capital structure in mining in zimbabwe

determinants of capital structure in mining in zimbabwe

(PDF) The Determinants of Capital Structure in Zimbabwe ...

We analyze the influence of time-, firm-, industry- and country-level determinants of capital structure. First, we apply hierarchical linear modeling in order to assess the

The Determinants of Capital Structure in Zimbabwe during ...

To examine the determinants of capital structure of companies listed on the Zimbabwe Stock Exchange during the multicurrency regime 2. Literature review 2.1 Theoretical literature review Various theories have been proposed in an attempt to understand capital structure decisions of firms in both

Mechanism Between Mining Sector and Economic Growth in ...

1.1 Production Trends of Major Minerals in Zimbabwe Gold Production: Gold production has been one of the major contributors to the success story of the mining sector in Zimbabwe. Gold exports have been one of the major foreign currency generations in Zimbabwe and again it is also one of the major export products historically. On the other hand ...

Econometric Analysis of Foreign Direct Investment in the ...

Oct 26, 2018 · The paper analyses the determinants and the effects of foreign direct investment inflows (FDI) in the Zimbabwe Mining Sector (ZMS) in a specific study for 14 minerals from 2005-14 estimating a random effect model. Mineral specific variables examined include capacity utilisation, volume of manufacturing index, labour cost, sectorial contribution to Gross Domestic Product (GDP), political ...

EXTRACTIVES AND SUSTAINABLE DEVELOPMENT I

It has been argued that Zimbabwe is experiencing a mineral ‘resource curse’. Evidence of the ‘resource curse’ includes: 1. Heavy reliance on Foreign Direct Investment (FDI) in the sector as well as the whole economy – that is, minerals are not used to build local capital (financial and physical). 2.

The effect of mining foreign direct investment inflow on ...

Oct 10, 2020 · FDI in the mining sector is critical for carrying out mineral exploration, extraction, processing and marketing because Zimbabwe lacks enough capital and technological resources to finance such capital intensive large-scale projects (Chimuka 2007 ).

DETERMINANTS OF CAPITAL STRUCTURE IN SMALL AND

theory (DeAngelo and Masulis, 1980) of capital structure. This study makes several important contributions to the existing studies of capital structure. This research led to the development of a model of capital structure determinants by integrating factors related to

Dr Enard Mutenheri - Midlands State University

The Determinants of Commercial Bank Profitability in Zimbabwe: A Dynamic Panel Data Model. Journal of Economics and Sustainable Deevelopment , 8(12), 72-77 Nhema N. and E. Mutenheri ( 2016) Factors that influence the turnover intentions of employees in the tourism sector in Zimbabwe.

(PDF) Determinants of Capital Structure in Nigeria

Chandrasekharan (2014) investigated the determinants of capital structure in Nigerian listed entity with data ranging from 2007 to 2011 by employing panel multiple regression techniques, he found ...

Determinants of leverage in mining companies, empirical ...

Jan 01, 2016 · Introduction. In this paper a panel data model is estimated to analyse the variables that explain the stock structure of the mining firms in Mexico, Colombia, Chile, Brazil and Peru with information from the 2004 to 2014 period, with this information the determinants that guide the indebtedness level of the firm are identified, for this analysis concepts from the capital structure

factors that affect capital inflow in zimbabwe in the ...

Econometric Analysis of Foreign Direct Investment in the. The paper analyses the determinants and the effects of foreign direct investment inflows FDI in the Zimbabwe Mining Sector ZMS in a specific study for 14 minerals from 200514 estimating a random effect model Mineral specific variables examined include capacity utilisation volume of manufacturing index labour cost sectorial contribution ...

Top 10 mining opportunities available in Zimbabwe

Mar 18, 2019 · 4. Long term capital. Mining is capital intensive. According to Chamber of Mines of Zimbabwe (CoMZ) the mining sector needs fresh capital investment to ensure that positive growth and viability is maintained. The mining body says mining companies need over US$7 billion to recapitalise their operations over the next five years, from 2018 to 2022.

Econometric Analysis of Foreign Direct Investment in the ...

Oct 26, 2018 · The paper analyses the determinants and the effects of foreign direct investment inflows (FDI) in the Zimbabwe Mining Sector (ZMS) in a specific study for 14 minerals from 2005-14 estimating a random effect model. Mineral specific variables examined include capacity utilisation, volume of manufacturing index, labour cost, sectorial contribution to Gross Domestic Product (GDP), political ...

Econometric Analysis of Foreign Direct Investment in the ...

Investment in the Zimbabwean Mining Sector 2005-2014 Plaxedes Gochero Open University of Mauritius, Moka, Mauritius Abstract The paper analyses the determinants and the effects of foreign direct invest-ment inflows (FDI) in the Zimbabwe Mining Sector (ZMS) in a specific study for 14 minerals from 2005-14 estimating a random effect model.

The effect of mining foreign direct investment inflow on ...

Oct 10, 2020 · The study employs the autoregressive distributed lag (ARDL) approach to examine the relationship between foreign direct investment (FDI) in the mining sector on the Zimbabwe economy, while controlling for both non-mining FDI and domestic investment. Using data over the period 1988–2018, this research results show that foreign direct investment in the mining sector has a

Enard MUTENHERI | Lecturer | PhD | Midlands State ...

Mining is one of the leading causes of displacement worldwide and leads to disruptions of household economic activities. ... The Determinants of Capital Structure in Zimbabwe during the ...

The determinants of capital structure: An empirical study ...

the capital structure, however a conclusive answer has never been found. I will pick multiple determinants that according to earlier research should influence capital structure and research the relation between them and the capital structure of Dutch firms specifically. 2.4 Market timing theory

DETERMINANTS OF CAPITAL STRUCTURE OF BANKING

CEOs capital structure decisions. Marques and Santos provided evidence that the impact of taxation at the bank level, bankruptcy and financial distress are moderate influence on banks’ capital structure. Kleff and Weber (2004) examined the determinants of capital structure of German banks during the period of 1992 and 2001.

Recently added - Unisa

The main objective of this study was to assess the state of financial distress of listed gold and platinum mining companies in South Africa during the period 2011 to 2015. ... This research established the determinants of the investment choices between the RSA Government Retail Bonds and the stokvel by salaried individuals. ... The research ...

Table of Contents

Determinants of Capital Structure of Airline industries the case of major airlines of Sub Saharan Africa . Supervisor: Ato Gebremedihin Gebre Hiwot . Graduates of 2017/2018 AY Office of Graduate Programs 9 Asteway Fiseha . Income Diversification and Bank Petfoe mance:

Post-displacement livelihoods in mining communities: The ...

Sep 25, 2021 · Mining communities and artisanal miners often experience rights violations through multiple raids and crackdowns by state security agents. State-sanctioned crackdowns and abuse of artisanal small-scale mining are widespread in Zimbabwe and largely informed by the (de)criminalisation of artisanal mining (Chipangura, 2019a; Spiegel, 2014).

Crime and Economic Growth Nexus in Zimbabwe

every town or city or even in rural areas in Zimbabwe (Mphisa, 2019). As a result people have lost their lives, property and the business fraternity have not been spared either. Some sources of spikes in armed robberies were pronounced in the mining areas of Mashonaland and Midlands provinces (Mining in Zimbabwe, 2019). There

DETERMINANTS OF COMMERCIAL BANK LENDING

DETERMINANTS OF COMMERCIAL BANK LENDING BEHAVIOUR IN ZIMBABWE: AN EMPIRICAL INVESTIGATION OF THE POST ... mining, services and other sectors. Confidence in the banking sector was indicated by growing

Capital Structure: Meaning, Factors, Types, Importance

The meaning of Capital structure can be described as the arrangement of capital by using different sources of long term funds which consists of two broad types, equity and debt. The different types of funds that are raised by a firm include preference shares, equity

The Determinants of Capital Structure in Zimbabwe during ...

The Determinants of Capital Structure in Zimbabwe during the Multicurrency Regime . By Enard Mutenheri and Chipo Munangagwa. Get PDF (163 KB) Abstract. Recent research has focused on the influence of institutional environment on capital structure decisions of firms, therefore this study examined capital structure choices of Zimbabwean listed ...

(PDF) Indigenisation and Economic ... - Academia.edu

A representative of large scale mines said, Mining is capital intensive, just for example projects in the mining sector for the next 5-7 years require 74 Journal of Economics and Sustainable Development iiste.org ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) Vol.6, No.20, 2015 about 5-7 billion United States dollars yet the whole economy ...

Platinum miners seek exemption on beneficiation | The ...

Oct 31, 2021 · Zimbabwe holds the world’s second-largest deposits of platinum after South Africa and has been pushing mining firms to build refineries to stop the export of raw platinum ore and optimise earnings. The report said potential investors view the current beneficiation tax framework as undermining projects’ net present value, resulting in some ...

The Determinants of Capital Structure Empirical Evidence ...

the factors that influence that capital structure (i.e., the determinants of capital structure). Accordingly, financial managers will principally want to know the relationships between certain firm-specific measures and the debt ratio. They possibly will need to know the factors that influence the capital structure of their firms.

Report No: ACS13915 Republic of Zimbabwe Zimbabwe

Mining sector Development 2. Agriculture, Land and Food Security 3. Re-Manufacturing Zimbabwe ... sector will be key determinants of growth over the 2013-2018 period. 10. ... There is the need to jumpstart the process of accumulation of Zimbabwe’s human capital again. 13. Re-building Zimbabwe's Human Capital and returning the country to its ...

ZIMBABWE - OECD

Zimbabwe commodity earnings in 1998/99. Moreover, by the end of 1999 governance conditions had further depressed an already difficult situation. Agriculture, manufacturing, mining and tourism — the economic growth engines — have been the sectors most affected by the crisis. High levels of spare capacity in manufacturing,

FACTORS AFFECTING THE CAPITAL STRUCTURE

UK Capital Structure Determinants". Factors affecting the capital structure (the dependent variable) are: (1) The Natural logarithm of Sales (Firm Size) (company size), (2) Profitability (profitability), and (3) Tangibility (asset structure). The analysis tool used is regression: ordinary squares (OLS) and fixed effects panel estimation model.

Zimbabwe Private Investment and Government Policy

second, that the Government of Zimbabwe is committed, in broad terms, to the continued existence of a mixed economy in Zimbabwe; and third, that the Government has a range of other objectives, esrecially on the struc.iure of ownership of the capital stock, that need to be taken into account in assessing policies designed to get investment going.

A STUDY ON THE DETERMINANTS OF CAPITAL STRUCTURE

This is to certify that the entitled “A STUDY ON THE thesis DETERMINANTS OF CAPITAL STRUCTURE AND PROFITABILITY(With Special Reference to Food Industry in India)” submitted for the award of the Degree of Doctor of Philosophy in Commerce by R. DEEPAis the bonofide research work carried out by her independently under my guidance and supervision.

International Journal of Finance & Economics: Early View

The role of oil and risk shocks in the high-frequency movements of the term structure of interest rates: Evidence from the U.S. Treasury market Rangan Gupta , Syed Jawad Hussain Shahzad , Xin Sheng , Sowmya Subramaniam ,

Economy of Zimbabwe - Wikipedia

The economy of Zimbabwe is mainly relies on its tertiary industry, which makes up to 60% of the total GDP as of 2017. Zimbabwe has the second biggest informal economy as a share of its economy, which has a score of 60.6%. Agriculture and mining largely contribute to exports.

Private Investment, Government and Foreign Capital

Aug 01, 1989 · Source: Zimbabwe Stock Exchange. 1.3 A comprehensive view of business investment in Zimbabwe needs to take account of four basic factors: (i) the desire for investment; (ii) the availability of funds to pay for the investment; (iii) the cost of capital, including the

Determinants and Effect of Commercial Bank Profitability ...

Feb 25, 2013 · Zimbabwe (2009-2013). Gerald Kadira 1 Charlene January Plaxedes Gochero 1,2 1.University of Zimbabwe, Box MP 167, Mount Pleasant, Harare 2.Masasi College,4 Churston Close Marlborough, Harare Abstract With the objective to establish determinants and effects of profitability in Zimbabwean commercial banks for the

Publications - Mwazvita Dalu

Determinants of participation in rural non-farm economy in Zvimba District, Zimbabwe. Journal of Agriculture and Rural Development in the Tropics and Subtropics. 120(1):63–70. PDF; Long D, Dalu MTB, Lembani RL and Gunter AW. 2019. Shifting sands: Post-colonial thought and its application on the decoloniality of geography within the higher ...