The main objective of this paper is to investigate the effects of leverage on the Zimbabwe Stock Exchange (ZSE) listed non-financial companies for the period 2009-2012. The study empirically examined the effect of a firm's leverage along other risk factors namely dividend yield and size on its market value. The results show a positive relationship between a firm's market value and its long-term debt to equity choice. On the other hand, we find an inverse relationship between a firm's market value and its total debt to total capital ratio. Dividend yield and size are positively related with market value. In addition, an industry analysis and an examination of how the Zimbabwean corporate sector finances its growth were undertaken. We find evidence that capital structures and dividend policies vary across industries, and that firms rely much more on external finance than on internal finance.

The main objective of this study was to find the most effective strategies to curb and eradicate corruption and improve water service delivery. The study also aimed to present the type, causes, and effects of corruption. A mixed-methods questionnaire survey design was used to collect quantitative and qualitative data. 220 questionnaires were distributed to providers and users of water services in Zimbabwe. 149 respondents returned the completed questionnaires. Data were analysed using descriptive statistics and content analysis. The Analysis of Variance was used to test the significance of mean scores. The study revealed that corruption is highly prevalent in Zimbabwe. The main factors that cause corruption in the water sector are poor governance, economic hardship, and weak accountability. Corruption leads to economic stagnation and poor foreign investments. Organisations such as the Zimbabwe National Water Authority must improve systems and structures, enhance the auditing process, and educate staff on good ethical standards and effective governance to effectively fight against corruption and improve service delivery. They must also put in place strong governance and accountability frameworks and work closely with communities and policy makers to eradicate corruption. The availability of water should be the same across all the suburbs, and the country needs to adjust its water bill rates in line with regional rates. Service providers should make use of mobile technology to promote citizenry participation in sharing ideas and making decisions on water sustainability. This study reaffirms the need to fight corruption and improve water service delivery.

The main objective of this study was to find the most effective strategies to curb and eradicate corruption and improve water service delivery. The study also aimed to present the type, causes, and effects of corruption. A mixed-methods questionnaire survey design was used to collect quantitative and qualitative data. 220 questionnaires were distributed to providers and users of water services in Zimbabwe. 149 respondents returned the completed questionnaires. Data were analysed using descriptive statistics and content analysis. The Analysis of Variance was used to test the significance of mean scores. The study revealed that corruption is highly prevalent in Zimbabwe. The main factors that cause corruption in the water sector are poor governance, economic hardship, and weak accountability. Corruption leads to economic stagnation and poor foreign investments. Organisations such as the Zimbabwe National Water Authority must improve systems and structures, enhance the auditing process, and educate staff on good ethical standards and effective governance to effectively fight against corruption and improve service delivery. They must also put in place strong governance and accountability frameworks and work closely with communities and policy makers to eradicate corruption. The availability of water should be the same across all the suburbs, and the country needs to adjust its water bill rates in line with regional rates. Service providers should make use of mobile technology to promote citizenry participation in sharing ideas and making decisions on water sustainability. This study reaffirms the need to fight corruption and improve water service delivery.