Challenges experienced by educators of tourism and coping strategies
- Authors: Muller, Merilyn Elizabeth
- Date: 2020
- Subjects: Tourism -- Study and teaching -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/49964 , vital:41965
- Description: Education is imperative for the economy and for the employment of the youth, particularly given the high levels of youth unemployment in South Africa. The introduction of Tourism as a school subject is perceived as a gateway to employment opportunities for unemployed people and as a means to stimulate the economy of the country. Educators, especially in South African township schools, often teach in less favourable conditions and experience many challenges which require innovative solutions. This study contributes to an understanding of the challenges faced by educators teaching Tourism, especially educators teaching in township areas in the Nelson Mandela Bay district. Of particular importance is the coping strategies used by these educators to innovatively deal with these challenges. This purpose of the study was therefore to investigate the challenges experienced by educators that teach Tourism at township high schools in two Circuit Management Centres (CMC) in the Nelson Mandela Bay district in Port Elizabeth. A qualitative research design was followed with interviews as the empirical data collecting tool. The sample consisted of 16 educators teaching Tourism to Grade 11 and 12 learners at selected schools. The data collected was analysed qualitatively, using thematic analysis. The findings of this study revealed many challenges experienced by educators of Tourism at township schools in the Nelson Mandela Bay district. The key challenges for educators related to resources, learners, the system, teachers and infrastructure. The results revealed that the educators used a variety of coping techniques to deal with these challenges. The researcher makes recommendations to the different stakeholders in education to address these challenges, as well as make suggestions for future research.
- Full Text:
- Date Issued: 2020
- Authors: Muller, Merilyn Elizabeth
- Date: 2020
- Subjects: Tourism -- Study and teaching -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/49964 , vital:41965
- Description: Education is imperative for the economy and for the employment of the youth, particularly given the high levels of youth unemployment in South Africa. The introduction of Tourism as a school subject is perceived as a gateway to employment opportunities for unemployed people and as a means to stimulate the economy of the country. Educators, especially in South African township schools, often teach in less favourable conditions and experience many challenges which require innovative solutions. This study contributes to an understanding of the challenges faced by educators teaching Tourism, especially educators teaching in township areas in the Nelson Mandela Bay district. Of particular importance is the coping strategies used by these educators to innovatively deal with these challenges. This purpose of the study was therefore to investigate the challenges experienced by educators that teach Tourism at township high schools in two Circuit Management Centres (CMC) in the Nelson Mandela Bay district in Port Elizabeth. A qualitative research design was followed with interviews as the empirical data collecting tool. The sample consisted of 16 educators teaching Tourism to Grade 11 and 12 learners at selected schools. The data collected was analysed qualitatively, using thematic analysis. The findings of this study revealed many challenges experienced by educators of Tourism at township schools in the Nelson Mandela Bay district. The key challenges for educators related to resources, learners, the system, teachers and infrastructure. The results revealed that the educators used a variety of coping techniques to deal with these challenges. The researcher makes recommendations to the different stakeholders in education to address these challenges, as well as make suggestions for future research.
- Full Text:
- Date Issued: 2020
Development finance institutions and sustainable economic development : a case of the idc South Africa
- Authors: Mare, Timothy
- Date: 2020
- Subjects: Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48872 , vital:41166
- Description: The purpose of this research study is to assess the extent that the Industrial Development Cooperation (IDC) of South Africa a Development Finance Institution (DFI), has contributed to the sustainable economic development of South Africa. The objective is to quantify the impact that is attributed to the IDC’s activities in South Africa in terms of socio-economic development contributing to sustainable economic development. Social development is fundamentally important in contributing to the economic development of any country. The research constituted the collection and quantitative analysis of data using reports from the IDC. The social output index modelling developed by the World Bank was used to analyse the data and make conclusive arguments regarding the impact that the IDC was having on economic development. The findings indicate that the IDC significantly lends less comparatively to lower income groups thus resulting in a negative contribution in terms of social developmental goals. Further the analysis through social output index model suggests that the IDC in as far as socio-development is concerned did not contributing positively to sustainable economic development between 2014 and 2018 reporting periods. The following recommendations are suggested: Increase awareness about the real impact of each investment across the IDC group, this will ensure that all proposals for investment are assessed with a component focusing on a socio-developmental perspective; reduce the number of mandates that the IDC currently has and establish broader frameworks for DFIs regardless of which government is in power or control.
- Full Text:
- Date Issued: 2020
- Authors: Mare, Timothy
- Date: 2020
- Subjects: Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48872 , vital:41166
- Description: The purpose of this research study is to assess the extent that the Industrial Development Cooperation (IDC) of South Africa a Development Finance Institution (DFI), has contributed to the sustainable economic development of South Africa. The objective is to quantify the impact that is attributed to the IDC’s activities in South Africa in terms of socio-economic development contributing to sustainable economic development. Social development is fundamentally important in contributing to the economic development of any country. The research constituted the collection and quantitative analysis of data using reports from the IDC. The social output index modelling developed by the World Bank was used to analyse the data and make conclusive arguments regarding the impact that the IDC was having on economic development. The findings indicate that the IDC significantly lends less comparatively to lower income groups thus resulting in a negative contribution in terms of social developmental goals. Further the analysis through social output index model suggests that the IDC in as far as socio-development is concerned did not contributing positively to sustainable economic development between 2014 and 2018 reporting periods. The following recommendations are suggested: Increase awareness about the real impact of each investment across the IDC group, this will ensure that all proposals for investment are assessed with a component focusing on a socio-developmental perspective; reduce the number of mandates that the IDC currently has and establish broader frameworks for DFIs regardless of which government is in power or control.
- Full Text:
- Date Issued: 2020
Foreign aid : in Africa and the middle east
- Authors: Mabaso, Sizakele Miki
- Date: 2020
- Subjects: Economic assistance -- Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48742 , vital:41067
- Description: The aim of this dissertation is to study the nature of Foreign aid in African and Middle Eastern countries. Examining what Foreign aid is, how it is identified and defined, what causes the need for Foreign aid and how Foreign aid affects the population in Africa and The Middle East? The ongoing debate between developed and developing countries about the state African and Middle Eastern countries are in makes the need for this study timely. This research was based on an analysis of relevant literature that reviews Foreign aid from the perspective of both donor and recipient. The findings underline the behaviour of Foreign aid in Africa and the Middle East as determined by numerous variables. For example, health and education play a big role when evaluating Foreign aid in African and Middle Eastern countries. The notable conclusion from this research is that Foreign aid is a huge challenge for both developed and developing countries. In various African and Middle Eastern countries, Foreign aid has stimulated economic growth as much as it has undermined development in many economic aspects. For instance, the issues of health and epidemics such as the Ebola Virus that continue to take the lives of many in Africa and HIV/ AIDS that continues to take the lives of our youth.
- Full Text:
- Date Issued: 2020
- Authors: Mabaso, Sizakele Miki
- Date: 2020
- Subjects: Economic assistance -- Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48742 , vital:41067
- Description: The aim of this dissertation is to study the nature of Foreign aid in African and Middle Eastern countries. Examining what Foreign aid is, how it is identified and defined, what causes the need for Foreign aid and how Foreign aid affects the population in Africa and The Middle East? The ongoing debate between developed and developing countries about the state African and Middle Eastern countries are in makes the need for this study timely. This research was based on an analysis of relevant literature that reviews Foreign aid from the perspective of both donor and recipient. The findings underline the behaviour of Foreign aid in Africa and the Middle East as determined by numerous variables. For example, health and education play a big role when evaluating Foreign aid in African and Middle Eastern countries. The notable conclusion from this research is that Foreign aid is a huge challenge for both developed and developing countries. In various African and Middle Eastern countries, Foreign aid has stimulated economic growth as much as it has undermined development in many economic aspects. For instance, the issues of health and epidemics such as the Ebola Virus that continue to take the lives of many in Africa and HIV/ AIDS that continues to take the lives of our youth.
- Full Text:
- Date Issued: 2020
Influence of the jobs fund on the unemployment rate in South Africa
- Authors: Banzana, Lubabalo
- Date: 2020
- Subjects: Unemployment--South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47508 , vital:40119
- Description: Since the dawn of its democracy, South Africa has experienced multiple changes in its key economic policy. These changes were meant to address the poverty, inequality, and unemployment in the country. The post-1994 years have seen economic policies change from the Reconstruction and Development Programme (RDP) in 1994 to the Growth, Employment and Redistribution framework (GEAR) in 1996. Then came the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) in 2006 and, most recently, the New Growth Path (NGP) and the National Development Plan (NDP) in 2010 and 2013, respectively (Chibba and Luiz, 2011). Despite numerous efforts made to change economic policy throughout the years, South Africa is still faced with the challenge of a high unemployment rate. To manage this issue, the South African government has introduced several interventions, such as the creation of a Jobs Fund in 2011, which meant that an initial investment amount of R9 billion was contributed by the government towards the attainment of its objectives. The research methodology used in this study was quantitative and, more specifically, based on the descriptive method of research.The primary objective of the research was to investigate the influence and effectiveness of the Jobs Fund through its job creation and skills development initiatives that were mechanisms to reduce the unemployment rate. The research aimed to assess the success of the Fund thus far in providing funding towards sustainable job creation and long-term employment. In addition, the study analysed the Fund’s influence in reducing in unemployment. In answering the primary objective of the research, it was not entirely possible to measure the influence of the Jobs Fund on the unemployment rate in South Africa, as other key factors need to be taken into consideration when making such an assessment. This is highlighted by the fact that, even though close to R7 billion has already gradually been committed to job creation activities by the government since 2011, the unemployment rate has continued to grow. Therefore, a study of the influence of the Jobs Fund on the unemployment rate would need take into consideration other key factors that influence unemployment.
- Full Text:
- Date Issued: 2020
- Authors: Banzana, Lubabalo
- Date: 2020
- Subjects: Unemployment--South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47508 , vital:40119
- Description: Since the dawn of its democracy, South Africa has experienced multiple changes in its key economic policy. These changes were meant to address the poverty, inequality, and unemployment in the country. The post-1994 years have seen economic policies change from the Reconstruction and Development Programme (RDP) in 1994 to the Growth, Employment and Redistribution framework (GEAR) in 1996. Then came the Accelerated and Shared Growth Initiative for South Africa (AsgiSA) in 2006 and, most recently, the New Growth Path (NGP) and the National Development Plan (NDP) in 2010 and 2013, respectively (Chibba and Luiz, 2011). Despite numerous efforts made to change economic policy throughout the years, South Africa is still faced with the challenge of a high unemployment rate. To manage this issue, the South African government has introduced several interventions, such as the creation of a Jobs Fund in 2011, which meant that an initial investment amount of R9 billion was contributed by the government towards the attainment of its objectives. The research methodology used in this study was quantitative and, more specifically, based on the descriptive method of research.The primary objective of the research was to investigate the influence and effectiveness of the Jobs Fund through its job creation and skills development initiatives that were mechanisms to reduce the unemployment rate. The research aimed to assess the success of the Fund thus far in providing funding towards sustainable job creation and long-term employment. In addition, the study analysed the Fund’s influence in reducing in unemployment. In answering the primary objective of the research, it was not entirely possible to measure the influence of the Jobs Fund on the unemployment rate in South Africa, as other key factors need to be taken into consideration when making such an assessment. This is highlighted by the fact that, even though close to R7 billion has already gradually been committed to job creation activities by the government since 2011, the unemployment rate has continued to grow. Therefore, a study of the influence of the Jobs Fund on the unemployment rate would need take into consideration other key factors that influence unemployment.
- Full Text:
- Date Issued: 2020
The effects of directed financing on growth and performance of smallholder farmers in the Western Cape Province
- Authors: Deliwe, Peliwe
- Date: 2020
- Subjects: Farms, Small -- South Africa -- Western Cape -- Finance
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47705 , vital:40328
- Description: Agriculture is of great significance in the South African economy as it contributes over 3% of the country’s Gross Domestic Product (GDP), and accounting for more than 10% of the formal sector employment. Although agriculture is seasonal, it is regarded as an intensive employment sector which plays a critical role on promoting empowerment and improving food security. The smallholder farming sector is the result of policies targeting the participation of previously disadvantaged individual (PDI’s) in the food economy, particularly through land use and ownership (Isdardi, Jordaan & van Schalkwyk, 2008: 1). Smallholder farmers are neither commercial farmers nor subsistence in nature but have become the focus of government’s efforts to achieve transformation within the broad agricultural sector.
- Full Text:
- Date Issued: 2020
- Authors: Deliwe, Peliwe
- Date: 2020
- Subjects: Farms, Small -- South Africa -- Western Cape -- Finance
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/47705 , vital:40328
- Description: Agriculture is of great significance in the South African economy as it contributes over 3% of the country’s Gross Domestic Product (GDP), and accounting for more than 10% of the formal sector employment. Although agriculture is seasonal, it is regarded as an intensive employment sector which plays a critical role on promoting empowerment and improving food security. The smallholder farming sector is the result of policies targeting the participation of previously disadvantaged individual (PDI’s) in the food economy, particularly through land use and ownership (Isdardi, Jordaan & van Schalkwyk, 2008: 1). Smallholder farmers are neither commercial farmers nor subsistence in nature but have become the focus of government’s efforts to achieve transformation within the broad agricultural sector.
- Full Text:
- Date Issued: 2020
The relationship between economic growth and electricity consumption in South Africa
- Authors: Mabinya, Buyiswa Yoliswa
- Date: 2020
- Subjects: Energy consumption -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48753 , vital:41068
- Description: In recent years, the relationship between electricity consumption and economic growth has been examined extensively in numerous countries. While there is high consensus in the scientific sphere on the interdependence between electricity consumption and economic growth, recent literature suggests that there are still competing views on the causal relationship between the two variables. Energy has long been viewed as a vital driving force for economies. However, the crucial role that the energy sector has played during the industrial revolution allowed some authors to consider energy in the same way as the capital and labor factors in the production function. The energy factor is considered essential today in the process of development. Almost everyone agrees on the importance of its contribution to the process of growth and development by considering growth / energy model as an indicator of wealth and a vector to reduce social inequalities. Meanwhile, according to the different scenarios observed, energy consumption may or may not have impacts on economic growth or wealth creation. The problem of access to energy (electricity) in certain regions in Africa (and particularly in South Africa) remains one of the major challenges that require urgent attention over the coming decades. In addition, the lack of consensus among researchers has triggered a shift towards focusing on study methods and techniques used for investigations on the energy-growth nexus. Using R programming for data analysis, this study investigates the asymmetric relationship between energy consumption and economic growth in South Africa by incorporating the following intermediary variables: trade openness, capital and labour. Results suggest that a conservation hypothesis is the most prevailing theory on the causal link between GDP and Energy Consumption in South Africa. This opinion is acknowledged as the growth-led electricity consumption opinion. From an economic perspective, evidence from the research suggests that, without necessarily expanding energy accessibility, trade liberalisation and capital could generate clear gains to South Africa and efforts to promote and accelerate these initiatives should be encouraged. Given the often-competing resource limitation challenges faced by the South African government, as a result of prioritisation, trade liberalisation should be favoured and be given roughly in the range of 1.5 times more attention than capital. Therefore, South Africa may not necessarily need electricity for its economic growth. Although energy consumption has a major influence on economic growth, the latter could also possibly be achieved by increasing trade and/or capital, without any change in energy consumption. Energy conservation policies could be executed with little or no hostile effects on economic growth. As a policy intervention, the research study recommends sustained efforts to strengthen regional integration with the view to achieving trade liberalisation, increasing capital formation and creating greater synergy for economic growth.
- Full Text:
- Date Issued: 2020
- Authors: Mabinya, Buyiswa Yoliswa
- Date: 2020
- Subjects: Energy consumption -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/48753 , vital:41068
- Description: In recent years, the relationship between electricity consumption and economic growth has been examined extensively in numerous countries. While there is high consensus in the scientific sphere on the interdependence between electricity consumption and economic growth, recent literature suggests that there are still competing views on the causal relationship between the two variables. Energy has long been viewed as a vital driving force for economies. However, the crucial role that the energy sector has played during the industrial revolution allowed some authors to consider energy in the same way as the capital and labor factors in the production function. The energy factor is considered essential today in the process of development. Almost everyone agrees on the importance of its contribution to the process of growth and development by considering growth / energy model as an indicator of wealth and a vector to reduce social inequalities. Meanwhile, according to the different scenarios observed, energy consumption may or may not have impacts on economic growth or wealth creation. The problem of access to energy (electricity) in certain regions in Africa (and particularly in South Africa) remains one of the major challenges that require urgent attention over the coming decades. In addition, the lack of consensus among researchers has triggered a shift towards focusing on study methods and techniques used for investigations on the energy-growth nexus. Using R programming for data analysis, this study investigates the asymmetric relationship between energy consumption and economic growth in South Africa by incorporating the following intermediary variables: trade openness, capital and labour. Results suggest that a conservation hypothesis is the most prevailing theory on the causal link between GDP and Energy Consumption in South Africa. This opinion is acknowledged as the growth-led electricity consumption opinion. From an economic perspective, evidence from the research suggests that, without necessarily expanding energy accessibility, trade liberalisation and capital could generate clear gains to South Africa and efforts to promote and accelerate these initiatives should be encouraged. Given the often-competing resource limitation challenges faced by the South African government, as a result of prioritisation, trade liberalisation should be favoured and be given roughly in the range of 1.5 times more attention than capital. Therefore, South Africa may not necessarily need electricity for its economic growth. Although energy consumption has a major influence on economic growth, the latter could also possibly be achieved by increasing trade and/or capital, without any change in energy consumption. Energy conservation policies could be executed with little or no hostile effects on economic growth. As a policy intervention, the research study recommends sustained efforts to strengthen regional integration with the view to achieving trade liberalisation, increasing capital formation and creating greater synergy for economic growth.
- Full Text:
- Date Issued: 2020
A regulatory framework for investment promotion by WESGRO in the Western Cape province, 2014 – 2017
- Authors: Nodada, Lubabalo Yandisa
- Date: 2019
- Subjects: Investments, Foreign -- South Africa -- Western Cape , Infrastructure (Economics)-- South Africa -- Western Cape Economic development -- South Africa -- Western Cape Finance, Public -- South Africa -- Western Cape
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/42847 , vital:36699
- Description: The primary aim of this study was to investigate the extent to which the attraction of foreign direct investment (FDI) was impeded by an underperforming economy in the Western Cape Province between 2014 and 2017. In order to stimulate economic growth during the period under review, Wesgro, the organization invested with the mandate of attracting FDI to the Western Cape Province, was required to market and attract high volumes of FDI. As the Western Cape economy was not growing at the required rate, Wesgro set its FDI target ranges to within achievable levels. In order to create a foundation for understanding laws and economic policies relevant to marketing to attract FDI, this study reviewed regulatory frameworks for FDI in South Africa and the Western Cape Province. In addition, the National Development Plan (economic growth policy of South Africa) and the Western Cape Provincial Strategic Plan 2014-2019 (economic growth policy of the Province) were discussed. The research methodology of this study followed a descriptive research approach, analysing existing secondary data extracted from books, academic journals, research reports, Acts of Parliament, economic growth policies and annual reports from the 2013/14 to 2016/17 financial years. Relevant data emanating from reviewed regulatory frameworks, economic growth policies, official FDI and its various forms, academic debates on FDI and the strategic roles and approaches employed by IPAs when marketing to attract FDI to home destinations was withdrawn, analysed and the findings presented. The findings revealed that a weak growing Western Cape economy impeded the potential of Wesgro to attract FDI beyond its targeted ranges between 2014 and 2017. The findings also indicated that the Western Cape economy experienced lack of investment, low economic activity, low economic growth and high unemployment because Wesgro did not attract sufficient FDI to stimulate economic growth. High volumes of FDI are needed to stimulate the Western Cape Province’s economic growth. Based on the findings of this study, various recommendations were made on ways in which the Western Cape economy could grow.
- Full Text:
- Date Issued: 2019
- Authors: Nodada, Lubabalo Yandisa
- Date: 2019
- Subjects: Investments, Foreign -- South Africa -- Western Cape , Infrastructure (Economics)-- South Africa -- Western Cape Economic development -- South Africa -- Western Cape Finance, Public -- South Africa -- Western Cape
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/42847 , vital:36699
- Description: The primary aim of this study was to investigate the extent to which the attraction of foreign direct investment (FDI) was impeded by an underperforming economy in the Western Cape Province between 2014 and 2017. In order to stimulate economic growth during the period under review, Wesgro, the organization invested with the mandate of attracting FDI to the Western Cape Province, was required to market and attract high volumes of FDI. As the Western Cape economy was not growing at the required rate, Wesgro set its FDI target ranges to within achievable levels. In order to create a foundation for understanding laws and economic policies relevant to marketing to attract FDI, this study reviewed regulatory frameworks for FDI in South Africa and the Western Cape Province. In addition, the National Development Plan (economic growth policy of South Africa) and the Western Cape Provincial Strategic Plan 2014-2019 (economic growth policy of the Province) were discussed. The research methodology of this study followed a descriptive research approach, analysing existing secondary data extracted from books, academic journals, research reports, Acts of Parliament, economic growth policies and annual reports from the 2013/14 to 2016/17 financial years. Relevant data emanating from reviewed regulatory frameworks, economic growth policies, official FDI and its various forms, academic debates on FDI and the strategic roles and approaches employed by IPAs when marketing to attract FDI to home destinations was withdrawn, analysed and the findings presented. The findings revealed that a weak growing Western Cape economy impeded the potential of Wesgro to attract FDI beyond its targeted ranges between 2014 and 2017. The findings also indicated that the Western Cape economy experienced lack of investment, low economic activity, low economic growth and high unemployment because Wesgro did not attract sufficient FDI to stimulate economic growth. High volumes of FDI are needed to stimulate the Western Cape Province’s economic growth. Based on the findings of this study, various recommendations were made on ways in which the Western Cape economy could grow.
- Full Text:
- Date Issued: 2019
Advancing finance revenue through sustainable electricity distribution – eMalahleni Municipality
- Authors: Nkopo, Tabisa
- Date: 2019
- Subjects: Finance, Public -- South Africa -- Mpumalanga , Sustainable development -- South Africa -- Finance Environmental policy -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/42858 , vital:36700
- Description: In the past Emalahleni municipality operated its electricity distribution efficiently and effectively. However, along the years, the municipality’s operations changed and the situation changed from bad to a financially distressed municipality. The municipality has been experiencing challenges in sustaining its distribution power in the area of its jurisdiction in the past decade. As a result, more than half of the population in the area is affected by the ineffectiveness of the distribution of electricity which lowers their standard of living. As the city’s population is growing, it was envisaged that the power sector will experience a steady growth. The anticipation has been that due to the rate of growth and development in the city, most of Emalahleni municipality should have been electrified by now. However, challenges in the distribution of electricity have persisted and this has negatively affected the economy and living standard of the city. From a management perspective, this research looks at advancing finance revenue through sustainable electricity distribution. Specifically, it analyses the management challenges that affect the distribution of electricity in the city. It is well documented that Emalahleni municipality is currently facing an electricity crisis despite all the government efforts to provide adequate power to the citizens. The research will look at the sustainability of the municipality through the distribution of electricity in Emalahleni. The research will further look at how management manages and ensures better controls in the municipality to ensure the effectiveness and efficiency of power delivery within the municipal boundaries. For the municipality to be sustainable through electricity distribution, it should reinvest more money in the electricity infrastructure, improve its governance to ensure high performance and continuous performance improvement amongst leadership and management. Furthermore the municipality requires qualified and skilled labour to enhance growth and efficient running of the municipality. In this research, qualitative research techniques were employed. The data was collected from questionnaires, reports, published books, journals, newspaper articles, and relevant government policies were well studied in order to produce a well-informed report.
- Full Text:
- Date Issued: 2019
- Authors: Nkopo, Tabisa
- Date: 2019
- Subjects: Finance, Public -- South Africa -- Mpumalanga , Sustainable development -- South Africa -- Finance Environmental policy -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/42858 , vital:36700
- Description: In the past Emalahleni municipality operated its electricity distribution efficiently and effectively. However, along the years, the municipality’s operations changed and the situation changed from bad to a financially distressed municipality. The municipality has been experiencing challenges in sustaining its distribution power in the area of its jurisdiction in the past decade. As a result, more than half of the population in the area is affected by the ineffectiveness of the distribution of electricity which lowers their standard of living. As the city’s population is growing, it was envisaged that the power sector will experience a steady growth. The anticipation has been that due to the rate of growth and development in the city, most of Emalahleni municipality should have been electrified by now. However, challenges in the distribution of electricity have persisted and this has negatively affected the economy and living standard of the city. From a management perspective, this research looks at advancing finance revenue through sustainable electricity distribution. Specifically, it analyses the management challenges that affect the distribution of electricity in the city. It is well documented that Emalahleni municipality is currently facing an electricity crisis despite all the government efforts to provide adequate power to the citizens. The research will look at the sustainability of the municipality through the distribution of electricity in Emalahleni. The research will further look at how management manages and ensures better controls in the municipality to ensure the effectiveness and efficiency of power delivery within the municipal boundaries. For the municipality to be sustainable through electricity distribution, it should reinvest more money in the electricity infrastructure, improve its governance to ensure high performance and continuous performance improvement amongst leadership and management. Furthermore the municipality requires qualified and skilled labour to enhance growth and efficient running of the municipality. In this research, qualitative research techniques were employed. The data was collected from questionnaires, reports, published books, journals, newspaper articles, and relevant government policies were well studied in order to produce a well-informed report.
- Full Text:
- Date Issued: 2019
Agriculture land abandonment and rural development in South Africa
- Authors: Mgushelo, Aphiwe
- Date: 2019
- Subjects: Abandoned farms , Rural development -- South Africa Finance, Public -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41128 , vital:36362
- Description: Vast amounts of agriculture lands have been abandoned over the last decades, worldwide – phenomenally in rural areas (Filho et al., 2016). In South Africa, Agriculture Land Abandonment (ALA) is apparent even to the human eye, but little or nothing is known about it, especially regarding its causes and implications for rural socio-economic development. Agriculture Land Abandonment is critical and highly topical given the ongoing debate on the land issue in South Africa (Friedman, 2018; Maromo, 2018). Moreover, the National Development Plan (NDP) identifies agriculture as the main economic activity in rural areas, with the potential to create nearly 1 million new jobs and as a primary means to achieve rural development by 2030 (National Planning Commission (NPC), 2011). To this end, the land must be cultivated to provide work and to banish poverty. This research focuses on Julukuqu, a rural village in the former Transkei homeland, within the O.R. Tambo District in the Eastern Cape province. This research intends to indent and propose a solution for rural development by understanding the causes and consequences of Agriculture Land Abandonment and identifying measures to address this issue. By analysing satellite imagery of the study area over a 15-year period, we are able to establish the extent of Agriculture Land Abandonment. Individual interviews and a focus group discussion were conducted and analysed to provide an understanding of the official positions and grassroots lived experiences. Altogether, the data that was collected yielded 17 usable interviews, which were subjected to thematic analyses. The findings of this research are that: the croplands of Julukuqu were once totally cultivated, but they are now almost (all) totally abandoned with only one person still cultivating their now reduced cropland. The causes of ALA in Julukuqu are socio-economic, environmental and political in nature. Due to schooling, children are no longer herding the livestock and it is free-ranging and grazing within the people’s croplands – in season and out of season. Coupled with an irrigation system, because of drought, fencing has thus become a principal determinant of cultivation of the croplands. The abandonment of the croplands has left the households insecure and depending mainly on social grants for income and food, including the very maize they once produced and sold a surplus. Hunger has become a rural denominator – striking both the people and their livestock, and crime has risen with unemployment. Moreover, child schooling and youth reluctance, threaten the succession and sustainability of agriculture as a rural livelihood and business. Despite the abandonment of the croplands, agriculture is still seen as a key to poverty alleviation and socio-economic development in Julukuqu. Given the experienced consequences of ALA, there exists a strong desire and will among the people of Julukuqu to cultivate their abandoned croplands once again. Fundamentally, for the people to meet their common socio-economic needs and challenges, they need to address ALA in Julukuqu through the development of an agricultural co-operative, which needs financial and non-financial support to develop and succeed.
- Full Text:
- Date Issued: 2019
- Authors: Mgushelo, Aphiwe
- Date: 2019
- Subjects: Abandoned farms , Rural development -- South Africa Finance, Public -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41128 , vital:36362
- Description: Vast amounts of agriculture lands have been abandoned over the last decades, worldwide – phenomenally in rural areas (Filho et al., 2016). In South Africa, Agriculture Land Abandonment (ALA) is apparent even to the human eye, but little or nothing is known about it, especially regarding its causes and implications for rural socio-economic development. Agriculture Land Abandonment is critical and highly topical given the ongoing debate on the land issue in South Africa (Friedman, 2018; Maromo, 2018). Moreover, the National Development Plan (NDP) identifies agriculture as the main economic activity in rural areas, with the potential to create nearly 1 million new jobs and as a primary means to achieve rural development by 2030 (National Planning Commission (NPC), 2011). To this end, the land must be cultivated to provide work and to banish poverty. This research focuses on Julukuqu, a rural village in the former Transkei homeland, within the O.R. Tambo District in the Eastern Cape province. This research intends to indent and propose a solution for rural development by understanding the causes and consequences of Agriculture Land Abandonment and identifying measures to address this issue. By analysing satellite imagery of the study area over a 15-year period, we are able to establish the extent of Agriculture Land Abandonment. Individual interviews and a focus group discussion were conducted and analysed to provide an understanding of the official positions and grassroots lived experiences. Altogether, the data that was collected yielded 17 usable interviews, which were subjected to thematic analyses. The findings of this research are that: the croplands of Julukuqu were once totally cultivated, but they are now almost (all) totally abandoned with only one person still cultivating their now reduced cropland. The causes of ALA in Julukuqu are socio-economic, environmental and political in nature. Due to schooling, children are no longer herding the livestock and it is free-ranging and grazing within the people’s croplands – in season and out of season. Coupled with an irrigation system, because of drought, fencing has thus become a principal determinant of cultivation of the croplands. The abandonment of the croplands has left the households insecure and depending mainly on social grants for income and food, including the very maize they once produced and sold a surplus. Hunger has become a rural denominator – striking both the people and their livestock, and crime has risen with unemployment. Moreover, child schooling and youth reluctance, threaten the succession and sustainability of agriculture as a rural livelihood and business. Despite the abandonment of the croplands, agriculture is still seen as a key to poverty alleviation and socio-economic development in Julukuqu. Given the experienced consequences of ALA, there exists a strong desire and will among the people of Julukuqu to cultivate their abandoned croplands once again. Fundamentally, for the people to meet their common socio-economic needs and challenges, they need to address ALA in Julukuqu through the development of an agricultural co-operative, which needs financial and non-financial support to develop and succeed.
- Full Text:
- Date Issued: 2019
Agriculture land abandonment and rural development in South Africa
- Authors: Mgushelo, Aphiwe
- Date: 2019
- Subjects: Abandoned farms , Rural development -- South Africa Agriculture and state -- South Africa South Africa -- Rural conditions
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/44257 , vital:37143
- Description: Vast amounts of agriculture lands have been abandoned over the last decades, worldwide – phenomenally in rural areas (Filho et al., 2016). In South Africa, Agriculture Land Abandonment (ALA) is apparent even to the human eye, but little or nothing is known about it, especially regarding its causes and implications for rural socio-economic development. Agriculture Land Abandonment is critical and highly topical given the ongoing debate on the land issue in South Africa (Friedman, 2018; Maromo, 2018). Moreover, the National Development Plan (NDP) identifies agriculture as the main economic activity in rural areas, with the potential to create nearly 1 million new jobs and as a primary means to achieve rural development by 2030 (National Planning Commission (NPC), 2011). To this end, the land must be cultivated to provide work and to banish poverty. This research focuses on Julukuqu, a rural village in the former Transkei homeland, within the O.R. Tambo District in the Eastern Cape province. This research intends to indent and propose a solution for rural development by understanding the causes and consequences of Agriculture Land Abandonment and identifying measures to address this issue. By analysing satellite imagery of the study area over a 15-year period, we are able to establish the extent of Agriculture Land Abandonment. Individual interviews and a focus group discussion were conducted and analysed to provide an understanding of the official positions and grassroots lived experiences. Altogether, the data that was collected yielded 17 usable interviews, which were subjected to thematic analyses. The findings of this research are that: the croplands of Julukuqu were once totally cultivated, but they are now almost (all) totally abandoned with only one person still cultivating their now reduced cropland. The causes of ALA in Julukuqu are socio-economic, environmental and political in nature. Due to schooling, children are no longer herding the livestock and it is free-ranging and grazing within the people’s croplands – in season and out of season. Coupled with an irrigation system, because of drought, fencing has thus become a principal determinant of cultivation of the croplands. The abandonment of the croplands has left the households insecure and depending mainly on social grants for income and food, including the very maize they once produced and sold a surplus. Hunger has become a rural denominator – striking both the people and their livestock, and crime has risen with unemployment. Moreover, child schooling and youth reluctance, threaten the succession and sustainability of agriculture as a rural livelihood and business. Despite the abandonment of the croplands, agriculture is still seen as a key to poverty alleviation and socio-economic development in Julukuqu. Given the experienced consequences of ALA, there exists a strong desire and will among the people of Julukuqu to cultivate their abandoned croplands once again. Fundamentally, for the people to meet their common socio-economic needs and challenges, they need to address ALA in Julukuqu through the development of an agricultural co-operative, which needs financial and non-financial support to develop and succeed.
- Full Text:
- Date Issued: 2019
- Authors: Mgushelo, Aphiwe
- Date: 2019
- Subjects: Abandoned farms , Rural development -- South Africa Agriculture and state -- South Africa South Africa -- Rural conditions
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/44257 , vital:37143
- Description: Vast amounts of agriculture lands have been abandoned over the last decades, worldwide – phenomenally in rural areas (Filho et al., 2016). In South Africa, Agriculture Land Abandonment (ALA) is apparent even to the human eye, but little or nothing is known about it, especially regarding its causes and implications for rural socio-economic development. Agriculture Land Abandonment is critical and highly topical given the ongoing debate on the land issue in South Africa (Friedman, 2018; Maromo, 2018). Moreover, the National Development Plan (NDP) identifies agriculture as the main economic activity in rural areas, with the potential to create nearly 1 million new jobs and as a primary means to achieve rural development by 2030 (National Planning Commission (NPC), 2011). To this end, the land must be cultivated to provide work and to banish poverty. This research focuses on Julukuqu, a rural village in the former Transkei homeland, within the O.R. Tambo District in the Eastern Cape province. This research intends to indent and propose a solution for rural development by understanding the causes and consequences of Agriculture Land Abandonment and identifying measures to address this issue. By analysing satellite imagery of the study area over a 15-year period, we are able to establish the extent of Agriculture Land Abandonment. Individual interviews and a focus group discussion were conducted and analysed to provide an understanding of the official positions and grassroots lived experiences. Altogether, the data that was collected yielded 17 usable interviews, which were subjected to thematic analyses. The findings of this research are that: the croplands of Julukuqu were once totally cultivated, but they are now almost (all) totally abandoned with only one person still cultivating their now reduced cropland. The causes of ALA in Julukuqu are socio-economic, environmental and political in nature. Due to schooling, children are no longer herding the livestock and it is free-ranging and grazing within the people’s croplands – in season and out of season. Coupled with an irrigation system, because of drought, fencing has thus become a principal determinant of cultivation of the croplands. The abandonment of the croplands has left the households insecure and depending mainly on social grants for income and food, including the very maize they once produced and sold a surplus. Hunger has become a rural denominator – striking both the people and their livestock, and crime has risen with unemployment. Moreover, child schooling and youth reluctance, threaten the succession and sustainability of agriculture as a rural livelihood and business. Despite the abandonment of the croplands, agriculture is still seen as a key to poverty alleviation and socio-economic development in Julukuqu. Given the experienced consequences of ALA, there exists a strong desire and will among the people of Julukuqu to cultivate their abandoned croplands once again. Fundamentally, for the people to meet their common socio-economic needs and challenges, they need to address ALA in Julukuqu through the development of an agricultural co-operative, which needs financial and non-financial support to develop and succeed.
- Full Text:
- Date Issued: 2019
An evaluation of business support services for women-owned businesses
- Authors: Mabongo, Nozuko Priscilla
- Date: 2019
- Subjects: Women-owned business enterprises -- South Africa -- Management , Businesswomen -- South Africa Support services (Management) Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/40679 , vital:36213
- Description: The emergence of women into the entrepreneurial sector has been a phenomenal wonder to view. This trend is considered one of the most transformative economic and social developments. Thus, the measures to enhance their penetration into the market need to be explored in order to see what is still lacking. Historically, women ventured into business as a means of alleviating social issues, as the years went by the necessity-driven element evolved into an integral need for women to participate in the growth of value-adding sectors. Women around the world have faced many barriers to their participation in the development of the economy. The purpose of this study was to fill the gap by providing relevant information about the formal business environment, as well as the various support structures available to South African women in business. Over the past two decades, the view of development has always been criticised. Women entrepreneurs dominate the informal sector and have remained at the edge of the economy irrespective of their potential in development. There is a lack of participation in value-adding sectors by women entrepreneurs. Women in business are plagued with the absence of effective management skills, network linkages and mentorship. This in turn results in limited access to local and global markets, therefore, growth prospects are severely at risk. Furthermore, this limitation concludes issues leading these businesses into survivalist mode. The study assessed the business support services offered to women-owned businesses and further demonstrate whether any growth prospects could be achieved. Insight was given on the current situation of women-owned businesses with specific reference to evaluating the type of business support services provided to women-owned businesses. Lastly, the study described how the support services could result in improved business practices.
- Full Text:
- Date Issued: 2019
- Authors: Mabongo, Nozuko Priscilla
- Date: 2019
- Subjects: Women-owned business enterprises -- South Africa -- Management , Businesswomen -- South Africa Support services (Management) Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/40679 , vital:36213
- Description: The emergence of women into the entrepreneurial sector has been a phenomenal wonder to view. This trend is considered one of the most transformative economic and social developments. Thus, the measures to enhance their penetration into the market need to be explored in order to see what is still lacking. Historically, women ventured into business as a means of alleviating social issues, as the years went by the necessity-driven element evolved into an integral need for women to participate in the growth of value-adding sectors. Women around the world have faced many barriers to their participation in the development of the economy. The purpose of this study was to fill the gap by providing relevant information about the formal business environment, as well as the various support structures available to South African women in business. Over the past two decades, the view of development has always been criticised. Women entrepreneurs dominate the informal sector and have remained at the edge of the economy irrespective of their potential in development. There is a lack of participation in value-adding sectors by women entrepreneurs. Women in business are plagued with the absence of effective management skills, network linkages and mentorship. This in turn results in limited access to local and global markets, therefore, growth prospects are severely at risk. Furthermore, this limitation concludes issues leading these businesses into survivalist mode. The study assessed the business support services offered to women-owned businesses and further demonstrate whether any growth prospects could be achieved. Insight was given on the current situation of women-owned businesses with specific reference to evaluating the type of business support services provided to women-owned businesses. Lastly, the study described how the support services could result in improved business practices.
- Full Text:
- Date Issued: 2019
Financial inclusion and economic growth in Ghana
- Authors: Anane, Alexander Kwabena
- Date: 2019
- Subjects: Economic development -- Ghana
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/40210 , vital:35990
- Description: The relationship between financial inclusion and the growth of the economy is a topic of debate in the existing literature. Yet globally and at individual country level, policy makers have accepted financial inclusion as a developmental agenda. This study, therefore, empirically investigates the relationship between financial inclusion and economic growth in Ghana using quarterly time series data from 2005 to 2016. Employing the commonly used indicators, the ARDL bounds test with cointergration was applied to examine the short and the long run relationship between the variables. Furthermore, the Granger causality approach was also used to establish the direction between financial inclusion and economic growth in Ghana. The result of the findings confirmed mixed results and no clear cut relationship between the direction of causality between the indicators of financial inclusion and economic growth. The study concluded that whether financial inclusion positively or negatively impact economic growth rests on the indicators employed. The study therefore cautions in the choice of financial indicators as policy tools in designing and executing economic growth and development policies in Ghana.
- Full Text:
- Date Issued: 2019
- Authors: Anane, Alexander Kwabena
- Date: 2019
- Subjects: Economic development -- Ghana
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/40210 , vital:35990
- Description: The relationship between financial inclusion and the growth of the economy is a topic of debate in the existing literature. Yet globally and at individual country level, policy makers have accepted financial inclusion as a developmental agenda. This study, therefore, empirically investigates the relationship between financial inclusion and economic growth in Ghana using quarterly time series data from 2005 to 2016. Employing the commonly used indicators, the ARDL bounds test with cointergration was applied to examine the short and the long run relationship between the variables. Furthermore, the Granger causality approach was also used to establish the direction between financial inclusion and economic growth in Ghana. The result of the findings confirmed mixed results and no clear cut relationship between the direction of causality between the indicators of financial inclusion and economic growth. The study concluded that whether financial inclusion positively or negatively impact economic growth rests on the indicators employed. The study therefore cautions in the choice of financial indicators as policy tools in designing and executing economic growth and development policies in Ghana.
- Full Text:
- Date Issued: 2019
Funding mechanisms for local authorities in Malawi –Blantyre city council
- Authors: Mvula, Towera Innocentia
- Date: 2019
- Subjects: Finance, Public -- Malawi -- Blantyre , Financial management -- Malawi -- Blantyre Local finance -- Malawi -- Blantyre
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41730 , vital:36576
- Description: Funding for local government is crucial so that the local governments can continue delivering on their mandate. The trend around the world is that local governments are underfunded and highly dependent on central government transfers, which limits their autonomy. This study on funding mechanisms for local councils in Malawi took Blantyre City Council as its case study. The study aims to evaluate the funding mechanisms of local councils in Malawi and find alternative sources, or ways to optimize the current funding mechanisms. Literature on local government funding was reviewed and challenges facing local government funding were identified. A purposive sampling method was used to select study participants that were drawn from the financial sector, NGO’s and from local government. Data collection was done through structured in-depth interviews and document study. Data analysis was done through framework analysis. The study found that the main revenue sources for local councils in Malawi are transfers from central government, that on average make up more than 80% of their total revenues. A large chunk of these central transfers come in as conditional grants, which means that the councils spend most of their efforts implementing central government priorities. Revenue from own sources is very low even in councils that have wider tax resource bases. Some of the urban councils are able to generate a substantial amounts from own sources; however, most of these funds go towards meeting the recurrent expenditure budgets. As a result, all of the councils still rely on central government to finance their capital expenditure budgets. The study found that more can be done to fully exploit revenue abilities of local sources through addressing current bottlenecks. Amongst others, local councils currently face the following challenges that negatively affect their revenues: legal limitations, political interference, outdated revenue management systems, theft, weak legislation, financial mismanagement, outdated and complicated processes, lack of human and technical expertise and weak oversight. To boost current revenues, the study amongst others, recommends strengthening the current legal framework, processes review and improvements, capacitation of personnel, introduction of new levies and exploring external financing.
- Full Text:
- Date Issued: 2019
- Authors: Mvula, Towera Innocentia
- Date: 2019
- Subjects: Finance, Public -- Malawi -- Blantyre , Financial management -- Malawi -- Blantyre Local finance -- Malawi -- Blantyre
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41730 , vital:36576
- Description: Funding for local government is crucial so that the local governments can continue delivering on their mandate. The trend around the world is that local governments are underfunded and highly dependent on central government transfers, which limits their autonomy. This study on funding mechanisms for local councils in Malawi took Blantyre City Council as its case study. The study aims to evaluate the funding mechanisms of local councils in Malawi and find alternative sources, or ways to optimize the current funding mechanisms. Literature on local government funding was reviewed and challenges facing local government funding were identified. A purposive sampling method was used to select study participants that were drawn from the financial sector, NGO’s and from local government. Data collection was done through structured in-depth interviews and document study. Data analysis was done through framework analysis. The study found that the main revenue sources for local councils in Malawi are transfers from central government, that on average make up more than 80% of their total revenues. A large chunk of these central transfers come in as conditional grants, which means that the councils spend most of their efforts implementing central government priorities. Revenue from own sources is very low even in councils that have wider tax resource bases. Some of the urban councils are able to generate a substantial amounts from own sources; however, most of these funds go towards meeting the recurrent expenditure budgets. As a result, all of the councils still rely on central government to finance their capital expenditure budgets. The study found that more can be done to fully exploit revenue abilities of local sources through addressing current bottlenecks. Amongst others, local councils currently face the following challenges that negatively affect their revenues: legal limitations, political interference, outdated revenue management systems, theft, weak legislation, financial mismanagement, outdated and complicated processes, lack of human and technical expertise and weak oversight. To boost current revenues, the study amongst others, recommends strengthening the current legal framework, processes review and improvements, capacitation of personnel, introduction of new levies and exploring external financing.
- Full Text:
- Date Issued: 2019
Perceptions of tourism in the Nelson Mandela Bay Municipality with special reference to the Red location in New Brighton
- Authors: Mfo, Ntomboxolo Siphokazi
- Date: 2019
- Subjects: Heritage tourism -- South Africa -- Port Elizabeth , New Brighton (Port Elizabeth, South Africa) Blacks -- South Africa -- Port Elizabeth -- Social life and customs Tourism -- South Africa -- Port Elizabeth
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41316 , vital:36443
- Description: Township tourism is a relatively growing sector of the tourism market; therefore, many large cities in developed and developing countries, such as Brazil, have adopted tourism-led approaches to township tourism. Township tourism now forms part of the South African local and regional economic development strategies of some of the major cities, such as Johannesburg, Cape Town and Port Elizabeth. In turn, it is perceived as the fastest growing type of tourism in the world and can function as a powerful tool in township development and transformation. Township tourism has the potential to produce economic benefits, improve physical environment, inner-city image and the welfare of community members. The focus of the research was to study the perception of tourism in the Nelson Mandela Bay Municipality with special reference to the community of the Red Location in New Brighton. Additionally, this study explored to understand how tourism stakeholders (government, provincial government and local municipality), tourism development agencies, as well as the community of the Red Location, could use tourism as a tool for township development, local economic growth and to increase visitors to the Nelson Mandela Bay area. The research adopted a qualitative research method. The research builds on an extensive review of a broad range of secondary sources from different academic and institutional backgrounds to give a more objective and nuanced analysis. The qualitative literature that was used include, but is not limited to, academic articles, books, official reports from the various tourism organisations, publications from tourism authorities, news media, South African legislation and publications from government organisations. Based on this study, it was found that tourism has the capacity to rejuvenate the area and contribute to the local economic development, poverty reduction, as well as create the identity of a place, and serve as a part of the solution for township problems. The potential of tourism to stimulate township development strongly depends on the presence of tourism resources that can be developed into consumable products or visitor attraction as well as on the financial capacity of public and private partners to strengthen and increase visitor facilities, infrastructure and activities. The study employed a descriptive study to capture detailed and meaningful information from the literature search. The literature search gave the researcher an understanding of the research area, tourism policies and the role of the communities in tourism. This understanding improved the quality of the study. Furthermore, the literature provides township tourism precondition guidelines which may be followed to develop tourism in South Africa, especially in communities, such as the Red Location. Overall, the results of this study demonstrate the need to draft and adopt a township tourism strategy, one that is unique to the culture and community of the Red Location in New Brighton.
- Full Text:
- Date Issued: 2019
- Authors: Mfo, Ntomboxolo Siphokazi
- Date: 2019
- Subjects: Heritage tourism -- South Africa -- Port Elizabeth , New Brighton (Port Elizabeth, South Africa) Blacks -- South Africa -- Port Elizabeth -- Social life and customs Tourism -- South Africa -- Port Elizabeth
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41316 , vital:36443
- Description: Township tourism is a relatively growing sector of the tourism market; therefore, many large cities in developed and developing countries, such as Brazil, have adopted tourism-led approaches to township tourism. Township tourism now forms part of the South African local and regional economic development strategies of some of the major cities, such as Johannesburg, Cape Town and Port Elizabeth. In turn, it is perceived as the fastest growing type of tourism in the world and can function as a powerful tool in township development and transformation. Township tourism has the potential to produce economic benefits, improve physical environment, inner-city image and the welfare of community members. The focus of the research was to study the perception of tourism in the Nelson Mandela Bay Municipality with special reference to the community of the Red Location in New Brighton. Additionally, this study explored to understand how tourism stakeholders (government, provincial government and local municipality), tourism development agencies, as well as the community of the Red Location, could use tourism as a tool for township development, local economic growth and to increase visitors to the Nelson Mandela Bay area. The research adopted a qualitative research method. The research builds on an extensive review of a broad range of secondary sources from different academic and institutional backgrounds to give a more objective and nuanced analysis. The qualitative literature that was used include, but is not limited to, academic articles, books, official reports from the various tourism organisations, publications from tourism authorities, news media, South African legislation and publications from government organisations. Based on this study, it was found that tourism has the capacity to rejuvenate the area and contribute to the local economic development, poverty reduction, as well as create the identity of a place, and serve as a part of the solution for township problems. The potential of tourism to stimulate township development strongly depends on the presence of tourism resources that can be developed into consumable products or visitor attraction as well as on the financial capacity of public and private partners to strengthen and increase visitor facilities, infrastructure and activities. The study employed a descriptive study to capture detailed and meaningful information from the literature search. The literature search gave the researcher an understanding of the research area, tourism policies and the role of the communities in tourism. This understanding improved the quality of the study. Furthermore, the literature provides township tourism precondition guidelines which may be followed to develop tourism in South Africa, especially in communities, such as the Red Location. Overall, the results of this study demonstrate the need to draft and adopt a township tourism strategy, one that is unique to the culture and community of the Red Location in New Brighton.
- Full Text:
- Date Issued: 2019
SME development policy and financing of women-owned enterprises in Zimbabwe
- Authors: Chikwavarara, Bigbouy
- Date: 2019
- Subjects: Women-owned business enterprises -- Zimbabwe , Small business -- women -- Zimbabwe Business enterprises -- Finance -- Zimbabwe Small business -- Finance -- Zimbabwe
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/37969 , vital:34275
- Description: This cross-sectional quasi-experimental research applied a combination of an indepth literature review, key informant interviews and a small- and medium-sized enterprise (SME) survey to identify key policies which influence access to formal finance for women-owned SMEs in Zimbabwe. The study then applied Sandiford and Rossmiller’s 4Es (effectiveness, efficiency, enforceability and equity) framework for policy analysis to identify gaps in the SME development policy framework, which inhibit female entrepreneurs from access to formal finance. The study also reviewed India’s SME development policy framework to identify lessons that Zimbabwe could learn. The study found that female entrepreneurs in Zimbabwe are rarely engaged during the design and implementation of SME policies; hence they lack knowledge of interventions which affect their businesses. The study also found that Zimbabwe lacks current data and knowledge on how the current SME policy framework affects women-owned SMEs to access finance. As a result, SME policies are not evidence based, are hurriedly implemented and lead to duplication and uncoordinated efforts. In addition, SME policies are not systematically evaluated so as to better inform implementation thereof or follow on policies. The study concluded that Zimbabwe’s SME development policy ranks low on all the 4Es - effectiveness, efficiency, enforceability and equity in promoting access to finance for women-owned SMEs. The study recommends the Government of Zimbabwe (GoZ) to invest in timely policy research and analysis to better understand women-owned SMEs’ access to finance challenges and adopt evidence based policy making and implementation. The study also recommends the GoZ to learn from India how to enhance the SME development policy framework by building the capacity of female entrepreneurs and financial institutions to close the deeply entrenched information and confidence gaps on access to finance issues.
- Full Text:
- Date Issued: 2019
- Authors: Chikwavarara, Bigbouy
- Date: 2019
- Subjects: Women-owned business enterprises -- Zimbabwe , Small business -- women -- Zimbabwe Business enterprises -- Finance -- Zimbabwe Small business -- Finance -- Zimbabwe
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/37969 , vital:34275
- Description: This cross-sectional quasi-experimental research applied a combination of an indepth literature review, key informant interviews and a small- and medium-sized enterprise (SME) survey to identify key policies which influence access to formal finance for women-owned SMEs in Zimbabwe. The study then applied Sandiford and Rossmiller’s 4Es (effectiveness, efficiency, enforceability and equity) framework for policy analysis to identify gaps in the SME development policy framework, which inhibit female entrepreneurs from access to formal finance. The study also reviewed India’s SME development policy framework to identify lessons that Zimbabwe could learn. The study found that female entrepreneurs in Zimbabwe are rarely engaged during the design and implementation of SME policies; hence they lack knowledge of interventions which affect their businesses. The study also found that Zimbabwe lacks current data and knowledge on how the current SME policy framework affects women-owned SMEs to access finance. As a result, SME policies are not evidence based, are hurriedly implemented and lead to duplication and uncoordinated efforts. In addition, SME policies are not systematically evaluated so as to better inform implementation thereof or follow on policies. The study concluded that Zimbabwe’s SME development policy ranks low on all the 4Es - effectiveness, efficiency, enforceability and equity in promoting access to finance for women-owned SMEs. The study recommends the Government of Zimbabwe (GoZ) to invest in timely policy research and analysis to better understand women-owned SMEs’ access to finance challenges and adopt evidence based policy making and implementation. The study also recommends the GoZ to learn from India how to enhance the SME development policy framework by building the capacity of female entrepreneurs and financial institutions to close the deeply entrenched information and confidence gaps on access to finance issues.
- Full Text:
- Date Issued: 2019
The successes of infrastructure development in Nelson Mandela Bay
- Authors: Matolengwe, Nombasa
- Date: 2019
- Subjects: Infrastructure (Economics) -- South Africa -- Nelson Mandela Bay Municipality , Public works -- Finance Economic development Sustainable development -- Economic aspects
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41010 , vital:36282
- Description: Lack of capacity in the former black areas of South Africa, including lack of proper infrastructure has proven to be one of the problems the country is facing. The apartheid system did not only separate the different racial groups in geographical terms, but also prevented black communities access to infrastructural services. Number of strategies have been undertaken to address the issue of infrastructure gap including Infrastructure Development Act signed by former President Jacob Zuma in 2014, the act was aimed at coordinating and facilitating public infrastructure development. Infrastructure development is significant to the National Development Plan, therefore greater levels of investment in infrastructure will continue into the future. An amount of R379 088 000 000 has been invested in infrastructure development in South African municipalities over the period of three years from 2015. The purpose of this study is to identify critical success factors of infrastructure development projects and to understand what is meant by the term project success in the local government context. The critical success factors in infrastructure development investigated in this study were identified through reviewing the existing literature on critical success factors from 1960’s to 2015, together with relevant municipal frameworks. A questionnaire was developed, focusing on factors for successful delivery of infrastructure development projects, interviews were conducted with Ward Councillors, Integrated Development Plans and Built Environment Performance Plans officials to investigate the meaning of project success in local government context. The study suggests that a project success definition in terms of local government should include community satisfaction, fulfilment of strategic objectives of the municipality and the completed project should serve the purpose it was intended for and must be bringing social change to the area it is being implemented in. The study finds no significant correlation between project success and identified individual critical success factors; however, it has been discovered that risk management, as one of the factors, has a significant positive correlation with other factors.
- Full Text:
- Date Issued: 2019
- Authors: Matolengwe, Nombasa
- Date: 2019
- Subjects: Infrastructure (Economics) -- South Africa -- Nelson Mandela Bay Municipality , Public works -- Finance Economic development Sustainable development -- Economic aspects
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/41010 , vital:36282
- Description: Lack of capacity in the former black areas of South Africa, including lack of proper infrastructure has proven to be one of the problems the country is facing. The apartheid system did not only separate the different racial groups in geographical terms, but also prevented black communities access to infrastructural services. Number of strategies have been undertaken to address the issue of infrastructure gap including Infrastructure Development Act signed by former President Jacob Zuma in 2014, the act was aimed at coordinating and facilitating public infrastructure development. Infrastructure development is significant to the National Development Plan, therefore greater levels of investment in infrastructure will continue into the future. An amount of R379 088 000 000 has been invested in infrastructure development in South African municipalities over the period of three years from 2015. The purpose of this study is to identify critical success factors of infrastructure development projects and to understand what is meant by the term project success in the local government context. The critical success factors in infrastructure development investigated in this study were identified through reviewing the existing literature on critical success factors from 1960’s to 2015, together with relevant municipal frameworks. A questionnaire was developed, focusing on factors for successful delivery of infrastructure development projects, interviews were conducted with Ward Councillors, Integrated Development Plans and Built Environment Performance Plans officials to investigate the meaning of project success in local government context. The study suggests that a project success definition in terms of local government should include community satisfaction, fulfilment of strategic objectives of the municipality and the completed project should serve the purpose it was intended for and must be bringing social change to the area it is being implemented in. The study finds no significant correlation between project success and identified individual critical success factors; however, it has been discovered that risk management, as one of the factors, has a significant positive correlation with other factors.
- Full Text:
- Date Issued: 2019
Coega industrial development zone as a catalyst for development in NMBM
- Authors: Younouss, Sanda Oumarou
- Date: 2018
- Subjects: Industrial development projects -- South Africa -- Port Elizabeth , Industrial development projects -- South Africa Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/36162 , vital:33901
- Description: It is common for countries to adopt growth-targeted strategies to address poverty and as a result, achieve development. South Africa is not an exception and that is the reason for implementing the industrial development zone (IDZ) programme, intended to achieve growth through exports. As part of this programme, the country established five IDZs, each of which operates in specific investment sectors. The economy of the Eastern Cape is experiencing difficulties in terms of unemployment, low wages and a declining population and the migration out of the Eastern Cape is due to limited job opportunities and low wages. The four largest economic sectors in the province are manufacturing, construction, agriculture and mining. The Coega IDZ (CIDZ) is located in the Eastern Cape Province of South Africa and operates in six investment sectors, namely automotive, agro-processing and aqua farming, chemical manufacturing, business process outsourcing, energy and metals. This research investigated the contribution of the CIDZ as a tool for development in the Eastern Cape and South Africa. It further investigates its contribution to the development of the Eastern Cape in the event of its expansion across three additional investment sectors, namely electronics, clothing and furniture. With the aim of conducting a proper assessment of their contribution, the strengths and weaknesses of these three investment sectors were elucidated. Additionally, the research described the operation of four special economic zones (SEZs), namely the Zarqa Free Zone, the Jebel Ali Free Zone, the East London Industrial Development Zone (ELIDZ) and the Coega Industrial Development Zone (CIDZ). The research methodology used was that of a descriptive study (literature-based). The research revealed that there is a need to add these three investment sectors to the CIDZ in order to develop the Eastern Cape, as they have the potential to meet the challenges that the province is facing. The research led to a number of recommendations inspired by the SEZs presented in the descriptive study, to improve the contribution of the CIDZ to the development of the Eastern Cape.
- Full Text:
- Date Issued: 2018
- Authors: Younouss, Sanda Oumarou
- Date: 2018
- Subjects: Industrial development projects -- South Africa -- Port Elizabeth , Industrial development projects -- South Africa Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/36162 , vital:33901
- Description: It is common for countries to adopt growth-targeted strategies to address poverty and as a result, achieve development. South Africa is not an exception and that is the reason for implementing the industrial development zone (IDZ) programme, intended to achieve growth through exports. As part of this programme, the country established five IDZs, each of which operates in specific investment sectors. The economy of the Eastern Cape is experiencing difficulties in terms of unemployment, low wages and a declining population and the migration out of the Eastern Cape is due to limited job opportunities and low wages. The four largest economic sectors in the province are manufacturing, construction, agriculture and mining. The Coega IDZ (CIDZ) is located in the Eastern Cape Province of South Africa and operates in six investment sectors, namely automotive, agro-processing and aqua farming, chemical manufacturing, business process outsourcing, energy and metals. This research investigated the contribution of the CIDZ as a tool for development in the Eastern Cape and South Africa. It further investigates its contribution to the development of the Eastern Cape in the event of its expansion across three additional investment sectors, namely electronics, clothing and furniture. With the aim of conducting a proper assessment of their contribution, the strengths and weaknesses of these three investment sectors were elucidated. Additionally, the research described the operation of four special economic zones (SEZs), namely the Zarqa Free Zone, the Jebel Ali Free Zone, the East London Industrial Development Zone (ELIDZ) and the Coega Industrial Development Zone (CIDZ). The research methodology used was that of a descriptive study (literature-based). The research revealed that there is a need to add these three investment sectors to the CIDZ in order to develop the Eastern Cape, as they have the potential to meet the challenges that the province is facing. The research led to a number of recommendations inspired by the SEZs presented in the descriptive study, to improve the contribution of the CIDZ to the development of the Eastern Cape.
- Full Text:
- Date Issued: 2018
Monetary policy and microfinance in Sub-Sahara Africa: Ghana’s perspective
- Authors: Wiredu, Nana Kwame
- Date: 2018
- Subjects: Monetary policy -- Ghana , Microfinance -- Ghana Ghana -- Economic policy
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/36037 , vital:33884
- Description: Ghana, like many other developing countries in Sub-Sahara Africa, recognises the important role that the micro, small and medium-sized enterprises (MSMEs) play in economic development. These enterprises need an environment conducive to thriving and growth, to contribute to employment and overall output. A key pillar to this is access to affordable credit. Credit in itself is thought to be affected by monetary policy formulated and put forth by the central bank, on behalf of government. The pass-through effect of monetary policy on commercial banking rates, as charged by bank and non-bank financial institutions (NBFIs), is a concern for MSMEs. Therefore, this study sought to highlight cause and effects relationship between monetary policy, the lending rate and private sector credit, and also sought to find a possible cushion for MSMEs through the microfinance targeting approach. Annual aggregate monetary time series data from the Bank of Ghana (BoG) was analysed. Multiple linear regression and analysis of variance test results reveal evidence of a significant and proportional effect of both the monetary policy rate and commercial banking rate on credit to the private sector. The key implication of the findings is that the pass-through effect of monetary policy negatively affects MSMEs. The study recommends that governments in Sub-Sahara Africa (SSA), and particularly the government of Ghana, should take into consideration the effects of monetary policy on MSMEs, when formulating monetary policies. It is also recommended that governments in SSA should formulate policies that enhance MSMEs access to adequate and affordable credit to enable it contribute more to economic growth. Perhaps, this can be done through microfinance.
- Full Text:
- Date Issued: 2018
- Authors: Wiredu, Nana Kwame
- Date: 2018
- Subjects: Monetary policy -- Ghana , Microfinance -- Ghana Ghana -- Economic policy
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/36037 , vital:33884
- Description: Ghana, like many other developing countries in Sub-Sahara Africa, recognises the important role that the micro, small and medium-sized enterprises (MSMEs) play in economic development. These enterprises need an environment conducive to thriving and growth, to contribute to employment and overall output. A key pillar to this is access to affordable credit. Credit in itself is thought to be affected by monetary policy formulated and put forth by the central bank, on behalf of government. The pass-through effect of monetary policy on commercial banking rates, as charged by bank and non-bank financial institutions (NBFIs), is a concern for MSMEs. Therefore, this study sought to highlight cause and effects relationship between monetary policy, the lending rate and private sector credit, and also sought to find a possible cushion for MSMEs through the microfinance targeting approach. Annual aggregate monetary time series data from the Bank of Ghana (BoG) was analysed. Multiple linear regression and analysis of variance test results reveal evidence of a significant and proportional effect of both the monetary policy rate and commercial banking rate on credit to the private sector. The key implication of the findings is that the pass-through effect of monetary policy negatively affects MSMEs. The study recommends that governments in Sub-Sahara Africa (SSA), and particularly the government of Ghana, should take into consideration the effects of monetary policy on MSMEs, when formulating monetary policies. It is also recommended that governments in SSA should formulate policies that enhance MSMEs access to adequate and affordable credit to enable it contribute more to economic growth. Perhaps, this can be done through microfinance.
- Full Text:
- Date Issued: 2018
Renewable energy project financing for economic growth and development: the case of Zambia
- Authors: Banda, Zondwayo
- Date: 2018
- Subjects: Renewable energy sources -- Economic aspects -- Zambia , Energy industries -- Zambia -- Finance Economic development -- Zambia
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/21527 , vital:29533
- Description: Energy is a critical component for the economic growth and development of developing countries. In particular Zambia’s economy requires energy in order to contribute to the reduction of poverty and inequalities in income and gender. Zambia faces an energy deficit which is compounded by lack of adequate financing and low electricity tariffs. The current energy deficit can challenge the achievement of such goals by Zambia. The aim of this research was to explore the impact of renewable energy project financing on Zambia’s economic growth and development. The mixed research methods through the use of questionnaires and interviews were used in achieving the research aim and objectives. In addition primary and secondary data were used as data sources for this research study. The current energy deficit in Zambia has negatively affected all the sectors in Zambia. In order to address the energy deficit, investments in the energy sector particularly through the use of project finance are required as such investments have the potential to improve energy generation, distribution and supply. Zambia has many sources of renewable energy such as solar, wind, hydro, biomass and geothermal making renewable energy project financing as the potential energy source to plug the energy deficit. By extension investments in renewable energy provide an opportunity for investors to expand their businesses and recoup their investments with high returns. Thus many sectors such as health, education, agriculture and service among others would benefit from the increased energy supply thereby improving their operations and spurring economic activities. Furthermore, renewable energy would improve access to energy in both urban and rural areas where electrification rates are as low as 25% and 3% respectively. Despite such positive impacts of renewable energy project the following account for the negative impacts: Externalisation of profits by investors; and, Over dependence on hydro-power. As energy is critical for economic growth and development of Zambia the major recommendations include the following: Seizing Project Finance Opportunities – with the abundance renewable energy resources such as solar, wind, geothermal and biomass, project finance in the form of debt and equity can be utilised to develop and implement renewable energy projects in order to improve energy generation, supply and distribution; Accelerating Renewable Energy Projects - Given the positive impacts of renewable energy project financing on economic growth and development in Zambia, renewable energy projects should be accelerated to result in increased economic growth and development; Removal of Red Tape - The government should reduce the red tape to ensure attraction of investments and implementation of renewable energy projects. Removal of red tape can accelerate investments and implementation of renewable energy projects as was the case in Kenya; Raising Awareness on Renewable Energy Benefits - Making investors and citizens aware (through investment forums and government websites) about the benefits of renewable energy would attract investors but would also allow local people to participate in the implementation of renewable energy projects. Further research – As this research involved organisations and participants in Lusaka province further research involving more participants and organisations outside Lusaka province is required to improve the research results. In addition further research is required to be conducted during reduced levels of energy deficits to improve research results. In this regard the recommendations are aimed at improving energy generation, distribution and supply so as to contribute to the economic growth and development of Zambia.
- Full Text:
- Date Issued: 2018
- Authors: Banda, Zondwayo
- Date: 2018
- Subjects: Renewable energy sources -- Economic aspects -- Zambia , Energy industries -- Zambia -- Finance Economic development -- Zambia
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/21527 , vital:29533
- Description: Energy is a critical component for the economic growth and development of developing countries. In particular Zambia’s economy requires energy in order to contribute to the reduction of poverty and inequalities in income and gender. Zambia faces an energy deficit which is compounded by lack of adequate financing and low electricity tariffs. The current energy deficit can challenge the achievement of such goals by Zambia. The aim of this research was to explore the impact of renewable energy project financing on Zambia’s economic growth and development. The mixed research methods through the use of questionnaires and interviews were used in achieving the research aim and objectives. In addition primary and secondary data were used as data sources for this research study. The current energy deficit in Zambia has negatively affected all the sectors in Zambia. In order to address the energy deficit, investments in the energy sector particularly through the use of project finance are required as such investments have the potential to improve energy generation, distribution and supply. Zambia has many sources of renewable energy such as solar, wind, hydro, biomass and geothermal making renewable energy project financing as the potential energy source to plug the energy deficit. By extension investments in renewable energy provide an opportunity for investors to expand their businesses and recoup their investments with high returns. Thus many sectors such as health, education, agriculture and service among others would benefit from the increased energy supply thereby improving their operations and spurring economic activities. Furthermore, renewable energy would improve access to energy in both urban and rural areas where electrification rates are as low as 25% and 3% respectively. Despite such positive impacts of renewable energy project the following account for the negative impacts: Externalisation of profits by investors; and, Over dependence on hydro-power. As energy is critical for economic growth and development of Zambia the major recommendations include the following: Seizing Project Finance Opportunities – with the abundance renewable energy resources such as solar, wind, geothermal and biomass, project finance in the form of debt and equity can be utilised to develop and implement renewable energy projects in order to improve energy generation, supply and distribution; Accelerating Renewable Energy Projects - Given the positive impacts of renewable energy project financing on economic growth and development in Zambia, renewable energy projects should be accelerated to result in increased economic growth and development; Removal of Red Tape - The government should reduce the red tape to ensure attraction of investments and implementation of renewable energy projects. Removal of red tape can accelerate investments and implementation of renewable energy projects as was the case in Kenya; Raising Awareness on Renewable Energy Benefits - Making investors and citizens aware (through investment forums and government websites) about the benefits of renewable energy would attract investors but would also allow local people to participate in the implementation of renewable energy projects. Further research – As this research involved organisations and participants in Lusaka province further research involving more participants and organisations outside Lusaka province is required to improve the research results. In addition further research is required to be conducted during reduced levels of energy deficits to improve research results. In this regard the recommendations are aimed at improving energy generation, distribution and supply so as to contribute to the economic growth and development of Zambia.
- Full Text:
- Date Issued: 2018
The impact of foreign direct investment (FDI) on economic growth in South Africa
- Authors: Ansong, Ama Yiadomaa
- Date: 2018
- Subjects: Investments, Foreign -- South Africa , Infrastructure (Economics) -- South Africa Gross domestic product -- South Africa Economic development -- South Africa South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/21494 , vital:29527
- Description: Numerous studies have investigated FDI and the possible benefits for African countries in terms of job creation opportunities, technology transfers, growth and development. Despite these potential benefits, FDI also has its negative effects on the host country in terms of market dominance, profit repatriation and loss of tax revenue if tax incentives are offered. In an effort to attract more FDI, host countries have undertaken various policy incentives to attract foreign investors. This study examines the trends and determinants of FDI flows to South Africa and other African countries. The period chosen for this study is from 1990- 2016. The study commences with a background study of FDI and GDP. Various literature offerings and different schools of thought with regard to FDI are also deliberated. To offer a better understanding of the relationship between FDI and GDP, econometric estimation was employed. The econometric estimation methods employed were, Unit Root, Johansen Cointegration, Vector Error Correction (VECM), Impulse Response Test, Variance Decomposition and the Granger Causality Test. Based on Granger causality test it can be concluded that South Africa’s economic growth attracts FDI and not vice versa. South Africa must therefore focus on growing its economy to attract more FDI.
- Full Text:
- Date Issued: 2018
- Authors: Ansong, Ama Yiadomaa
- Date: 2018
- Subjects: Investments, Foreign -- South Africa , Infrastructure (Economics) -- South Africa Gross domestic product -- South Africa Economic development -- South Africa South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , MPhil
- Identifier: http://hdl.handle.net/10948/21494 , vital:29527
- Description: Numerous studies have investigated FDI and the possible benefits for African countries in terms of job creation opportunities, technology transfers, growth and development. Despite these potential benefits, FDI also has its negative effects on the host country in terms of market dominance, profit repatriation and loss of tax revenue if tax incentives are offered. In an effort to attract more FDI, host countries have undertaken various policy incentives to attract foreign investors. This study examines the trends and determinants of FDI flows to South Africa and other African countries. The period chosen for this study is from 1990- 2016. The study commences with a background study of FDI and GDP. Various literature offerings and different schools of thought with regard to FDI are also deliberated. To offer a better understanding of the relationship between FDI and GDP, econometric estimation was employed. The econometric estimation methods employed were, Unit Root, Johansen Cointegration, Vector Error Correction (VECM), Impulse Response Test, Variance Decomposition and the Granger Causality Test. Based on Granger causality test it can be concluded that South Africa’s economic growth attracts FDI and not vice versa. South Africa must therefore focus on growing its economy to attract more FDI.
- Full Text:
- Date Issued: 2018