Attachment Report

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ACKNOWLEDGEMENTS

First and foremost I would like to thank Jehovah in the heavens for the gift of life (2 Cor 9:15) and opportunity to be attached at Delta Beverages during my industrial attachment. To you oh Jehovah I owe all the blessings and success that have come my way.

To my Father, I greatly appreciate the wisdom he communicated to me in various ways that only maturity could interpret. Please continue to guide me through this quest of life as learning never ends.

Not forgetting my colleagues Tafadzwa, Clive and Nigel, gentlemen your honest opinions and encouragement greatly contributed to my attitude towards work.

Many thanks to the Delta Beverages-Transport services directorate, management and staff for the wonderful privilege of making this research project successful. I give special mention to Mr. Phiri my manager and Mrs. B H Bwakura for really taking their time to make my theory practical.

Thank you, very much Mrs Ndlovu for the encouragement you gave and the class at large, your belief in us continues to motivate me.

To everyone mentioned above I say may the Lord continue to bless you in all your endeavors.

DECLARATION

I the undersigned, hereby declare that the work contained in this report is my own original work and that I have not in its entirety or in part used false information about the organisation of industrial placement.

I served Delta Beverages Transport Services under the finance department from 10 February 2009 to 28 February 2010 as a student on attachment from Solusi University.

Confirmation
Student
Kith Elliot: I.D # 12323………………………. Date……30 – April – 2010 ...

Confirmation
Delta Transport Services Date…. 30 – April – 2010 … Name… Munyaradzi Phiri…………………..
Title…Transport Services Accountant.....

DECLARATION

I the undersigned, hereby declare that the work contained in this report is my own original work and that I have not in its entirety or in part used false information about the organisation of industrial placement.

I served Delta Beverages Transport Services under the finance department from 10 February 2009 to 28 February 2010 as a student on attachment from Solusi University.

Confirmation
Student
Kith Elliot: I.D # 12323………………………. Date……30 – April – 2010 ...

Confirmation
Delta Transport Services Date…. 30 – April – 2010 … Name… Blessing Mubaira …………………..
Title… Transport Services Assistant Accountant

Abbreviations
SB’s …………………………………………………………………….……..Sparkling beverages DTS………........................................................................................Delta Transport Services LMV……………………………………….……………………….…………..Light Motor Vehicles HMV…………………….………………..…………………….…………….Heavy Motor Vehicles MSE…………………..…….………….……………………………….................. Microsoft Excel CRJ…………………………………………….……………………..……...Cash receipts journal PC……………………………………………………………………………………….…Petty cash SHE……………………………………………………………..…Safety Health & Environment SM………………………………………………………...….Standard chartered bank Masvingo SB……………………………………...…….……………… Standard chartered bank Bulawayo IT ……………………………………………………………...…………. Information Technology Syspro …………………………………………...…………….. An accounting software system GL distribution …………………………………………………...…... General ledger distribution SOPs ………………………………………………..……………Standard operating procedures F10…………………………………………………………….………Financial year ending 2010

CHAPTER ONE

1 HISTORICAL DEVELOPMENT OF DELTA CORPORATION

Delta Corporation is a broad-based company with interests in beverages (manufacturing and Distribution) and the Agro-industrial sectors. It is listed on the Zimbabwe Stock Exchange and is one of the top quoted companies in terms of market capitalization.

Its beverage business manufactures and distributed Sparkling Soft Drinks, Lager beer and Traditional Sorghum beer. In the Agro sector the company is involved in the following activities:-

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