February 2025

Other Services offered by the Post Office

By |2025-02-12T09:40:47+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit auspost.com.au Image credit auspost.com.au ZIMSEC O Level Commerce Notes: Communication: Other Services offered by the Post Office

Parcel post.

  • Surface mail parcels are limited to a mass of 10kg
  • Ideal for trade samples and goods in mail order.
  • Parcels from other countries are opened to comply with customs and legal requirements of each […]
Read More
Comments Off on Other Services offered by the Post Office

Exports Credit Guarantee Department (ECGD)

By |2025-02-12T09:07:05+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit ncbcp.org Image credit ncbcp.org ZIMSEC O Level Commerce Notes: Insurance: Exports Credit Guarantee Department (ECGD)

  • Also known as Export Credit Guarantee Corporation (ECGC)in Zimbabwe.
  • Covers risk of non payment by importers due to:
  • lack of foreign currency.
  • Political instability.
  • Outbreak of war.
  • Overseas state interferences.
  • Provides comprehensive policies to cover the whole of export businesses […]
Read More
Comments Off on Exports Credit Guarantee Department (ECGD)

Visible and Invisible trade

By |2025-02-12T09:21:22+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Visible Trade. Image credit Maltatoday.com Visible Trade. Image credit Maltatoday.com ZIMSEC O Level Commerce Notes:Visible and Invisible trade

Invisible trade

  • Trade in services only e.g. tourism, freight, insurance.
  • Calculated for given periods of time, usually one year.
  • Invisible balance= exported services value-minus imported services value.
  • For example Tourists coming to Zimbabwe $25 million.
  • Banking services provided […]
Read More
Comments Off on Visible and Invisible trade

Export invoice

By |2025-02-12T09:37:47+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit DHL. Image credit DHL. ZIMSEC O Level Commerce Notes: Export Invoice

Export invoices

  • Prepared from various invoices for goods purchased and expenses incurred (on transportation and warehousing of goods)
  • Summarises the goods bought and expenses incurred.
  • Copies of the original invoices received from suppliers of goods and services are attached to the […]
Read More
Comments Off on Export invoice

Commerce Notes:Partnership Act

By |2025-02-12T09:02:54+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit ndlink.org Image credit ndlink.org ZIMSEC O Level Commerce Notes: Partnership Deed

Partnership Act

  • Where a Partnership Deed has not been drafted, the Partnership Act is applicable
  • It is enacted by Parliament.
  • The Act sets out the following provisions:
  • the partners must contribute equal amounts of capital.
  • Any disputes must be settled by a majority […]
Read More
Comments Off on Commerce Notes:Partnership Act

Private Business Corporation

By |2025-02-12T09:14:23+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

Image credit rainregain.com Image credit rainregain.com ZIMSEC O Level Commerce Notes: Private Business Corporation

Private Business Corporation

  • found in the private sector.
  • Governed by the Private Business Corporation Act of 1993.
  • A cross between partnerships and limited companies.
  • A legal entity or body corporate which can sue or be sued in its own name.
  • Formed by […]
Read More
Comments Off on Private Business Corporation

Cambrige Notes: Differences between Ordinary and Preference Shares

By |2025-02-12T09:07:48+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Differences between Ordinary and Preference Shares

To access more topics go to the Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes.

Read More
Comments Off on Cambrige Notes: Differences between Ordinary and Preference Shares

Financial Insitutions

By |2025-02-12T09:33:25+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

BancABC bank. Image credit thestandard.co.zw BancABC bank. Image credit thestandard.co.zw ZIMSEC O Level Commerce : Financial Institutions Click on any institution to read more about it. Click on an institution to read more about it.

Financial institutions

  • These are entities that provide financial services to people and other businesses.

Types of Financial […]

Read More
Comments Off on Financial Insitutions
Toggle Sliding Bar Area
Go to Top