The Vision And Mission Statements Of Kingdom Financial Holdings Limited.

960 words - 4 pages

INTRODUCTIONKingdom Financial Holdings Limited is a Zimbabwe based financial services firm serving its clients in the areas of money, equity, capital and foreign exchange markets.The Company is also involved in investment banking, portfolio management, company research and advisory services.The Holding Company has the following principal subsidiaries: -KINGDOM ASSET MANAGEMENT (PVT) LTDThe company manages institutional and private client's funds in order to maximize their returns through portfolio management and unit trusts. The company provides services to individuals, partnership, companies and pension and provident funds.THE DISCOUNT COMPANY OF ZIMBABWE LTDThe company offers fixed income securities dealings and is heavily involved in local money market, government and municipal stocks. It also offers research in money and capital markets.KINGDOM MERCHANT BANK LTDThe company offers broad investment banking and advisory services and seeks to develop and market innovative financial solutions to its prospective client base in areas of corporate banking, corporate finance and foreign exchange transactions.The Zimbabwe Banking Services Sector has gone through turbulent times since the arrival of the new Governor of the Reserve Bank of Zimbabwe. Before his appointment, most of the Banks had left their core business and were using depositors' money on illegal activities like buying foreign currency in the parallel market. Some of these banks even went to the extent of selling local currency to companies and individuals.When the new Governor of the Reserve Bank of Zimbabwe, Dr Gono announced his monetary policy in December 2003, the whole finance industry was caught unaware resulting in some big players in the industry like Trust Holdings, Barbican Holdings, Intermarket Holdings, Royal Bank and Time Bank falling by the wayside.When other companies were being put under judicial management because of liquidity problems, Kingdom Financial Holdings Ltd went from strength to strength. When liquidity 'syndrome' was about to catch up with Kingdom Financial Holdings, the company issued a rights offer that was taken by all current shareholders resulting in improved liquidity.VISIONKingdom Financial Holdings Ltd vision is "to be a leading provider of professional financial service".A vision is a road map of a company's future. It provides details of the kind of company the management tries to create. It shows direction on the type of technology, customer focus and the markets that will be pursued in order to fulfill the vision.A vision identifies a desired image or position of the company in the future as well as the strategy for getting there. There are basically three components of a vision. These are:Tangible goalThis is the desired future outcome that has a specific target and time frame for its attainment. Kingdom Financial Holding's desired future outcome is to be a leading provider of professional financial services.Statement of purposeThis is a statement...

Find Another Essay On The Vision and Mission Statements of Kingdom Financial Holdings Limited.

The Purpose of Financial Statements Essay

1835 words - 7 pages The Purpose of Financial Statements The financial statements of a business are used to provide information about the status of the business, set performance targets and impose restrictions on the managers of the firm as well as provide an easier method for financial planning. The financial statements consist of the Profit and Loss Account, Balance Sheet and the Cash Flow Statement. There are

Vision and Mission Essay

1504 words - 6 pages and shareholder goals because employees often want to need grater financial outlays which impact the profits earned by shareholders. Balancing the relationships with just these two groups will prove challenging let alone meeting other stakeholder desires as well. Effectiveness of the Vision and Mission Statements A mission statement serves to announce what a business does as well as why the business exists (Mayhew, 2009). The mission

Mission and Vision

962 words - 4 pages Introduction The mission and vision statements are critical to all organizations civilian as well as military. These two statements address the ideas and thoughts of the leadership, it tells employees and customers what to expect from the organization. This paper will cover the criteria necessary to develop a good mission and vision statement. The criteria listed in this document are not all inclusive, there are many other opinions and idea

Mission,Vision and Values

1018 words - 4 pages , efficient and effective service at all times."Values, visions and missions are merely three consistent components of defining and describing an organization's existence. Instead of the use of charts, numbers and graphs, statements and words express who and what the organization is. Together, the core values, vision and mission tell a story about the organization, and human beings react naturally to good stories, taking hold of their meaning and

Centura Health Mission and Vision

729 words - 3 pages fulfill a covenant of caring for our communities with excellence and integrity to become their partner for life.” (Centura, 2014). These statements are short and meet most of Aguinis’ eight components for the mission and vision statements. Centura Health Mission Statement A mission statement should define the organization, why they exist, who they are serving, and what products and services they offer (Aguinis, 2013). Aguinis (2013) includes eight

Does Vision And Mission Emerge

3126 words - 13 pages the vision, values, purpose, mission, or aspiration statements that have become popular in management today.’ It seems clear that mission statements and definitions within firms do not always give the firm a ‘sense of mission’. The ‘sense of mission’ must come from somewhere else in the firm, and it is very possible that the ingrained culture is the source. There have been many writings and much

Accounting: The Four Types of Financial Statements

752 words - 4 pages Accounting Wizard Lorenzo Crawford ACC100 Ms. Galarza 5/28/2014   When it comes to Accounting, there are four types of financial statements. These statements are critical when managing a business. The four types of financial statements are Statement of Financial Position, Income Statement, Statement of Changes in Equity, and Cash Flow Statement. Statement of Financial Position is the company’s financial position of an entity at any given

Review of Financial Statements

1840 words - 7 pages conducting business.Further, this paper will discuss the financial statements of each company, the firms which audit each companies financial statements, and define accounting concepts, terminologies, and transactions used in the financial statements. Additional information will provided regarding when McDonald's and Burger King were established and what product and services they provide to the public.Overview of OrganizationsMcDonalds first opened its

Analysis of Financial Statements

2370 words - 9 pages short-term and long-term. There are four basic financial statements, the Balance Sheet, the Income Statement, the Cash Flows Statement, and the Statement of Retained Earnings (Wikipedia, The Free Encyclopedia [WTFE], 2007).Our textbook, Accounting: Concepts and Applications, gives the following definitions for the four primary financial statements:The Balance Sheet reports a company's assets, liabilities, and owners' equity at a particular date.The

"Four Basic Financial Statements". Provide an explanation of the four basic financial statements used in business

913 words - 4 pages an external user would have to sift through to get a general idea of a company's financial health, companies typically produce four different types of basic financial statements.The four basic financial statements are:1) Income Statement - "Presents the revenues and expenses and resulting net income or net loss of a company for a specific period of time." (Weygandt, Kimmel and Kieso, 2008. pg.21). This is probably the simplest of the four

Preparation of Financial Statements and Prevention of Fraud

1843 words - 7 pages PREPARATION OF FINANCIAL STATEMENTS &PREVENTION OF FRAUDThe recent years have seen an increased demand for the release of transparent and integral financial information by the corporate sector. Following decades of minimally regulated growth and non-existent government oversight large organizations now encompass a significant number of stakeholders. The exponentially increased cash flows and profit margins warrant sophisticated accounting

Similar Essays

Analysis Of The Mission And Vision Statements Of Jp Morgan Chase

2465 words - 10 pages Introduction This paper will analyze the mission and vision statements of JPMorgan Chase & Co against the performance of the organization. An evaluation of how well the company lives out its mission and vision statement will be provided. The organization’s strategic goals link to the company’s mission and vision will be assessed. An analysis of the company’s financial performance to determine the link between the company’s strategic goals

Mission And Vision Statements For Odessa Home Health, Inc

612 words - 3 pages comes when putting consumers’ health and recovery first. Nursing care is not limited to elderly in need of nursing services, but for all consumers regardless of their age, race, or religion. Odessa Home Health, Inc provides cost-effective, intelligent, compassionate care to healthcare consumers. The care provided enables consumers to live with as much independence and dignity, as their conditions permits, providing piece of mind to consumers and

Analysis Of Bb Holdings Limited

1260 words - 6 pages BCB Holdings formerly BB Holdings Limited is a company incorporated in Belize under the International Business Companies Act of Belize. It is a parent company that solely holds no other business operations or assets other than that of its investments in it subsidiaries of intercompany balances, services to individual, holdings cash and cash equivalents, and corporate customers in the Caribbean region. The Company primarily operates financial

Analysis Of Giordano Holdings Limited

5271 words - 21 pages Executive SummaryGiordano Holdings Limited is a leading high-quality discount clothing manufacturer and retailer based in Hong Kong. The company has a striving geographical growth program with recently successful operations in several Asian countries. An emphasis of customer service is the basis of Giordano's competitive advantages. Combined with intense staff training regimes and a unique managerial approach, Giordano is also a market