A study of the application of clinoptilolite as an ion exchange agent for selected metals in aqueous solution
- Authors: Dyeshana, Vuyokazi
- Date: 2012
- Subjects: Ion exchange , Clinoptilolite
- Language: English
- Type: Thesis , Masters , MTech
- Identifier: vital:10419 , http://hdl.handle.net/10948/d1013257
- Description: The aim of this study was to establish whether samples of South African-mined clinoptilolite could be used to remove selected metal cations from aqueous solution. The clinoptilolite samples supplied, (by Pratley SA) were in four different particle sizes. Batch study results revealed a decrease in the initial metal concentration in samples that were in contact with clinoptilolite. The finer particle size clinoptilolite had a greater capacity to remove metal cations from aqueous solution. However, ion-exchange results from atomic absorption analysis showed that the larger particle sizes, removed more magnesium ions. Magnesium was the only ion investigated in this study that was present as an exchangeable ion in the Pratley clinoptilolite chemical formula, (MgCaNa2K2)2.5(AlO2)7(SiO2)30.21H2O. Results from the ion-exchange studies showed that the decreasing order of percentage metal removal at pH 3.00 was as follows: Pb > Ni > Cu > Fe > Mg. The mass of metal ions that accumulated on one gram of clinoptilolite as determined from the isotherms was calculated to be 6.16 mg/g for lead and 0.74 mg/g for copper. Data from the lead equilibrium studies were fitted into Langmuir and Freundlich equations and linear regression was used to calculate linearity coefficients for the isotherms. The results showed that the removal of lead ions by clinoptilolite is complex as both monolayer and multilayer adsorption occurs on a heterogeneous surface.
- Full Text:
- Date Issued: 2012
- Authors: Dyeshana, Vuyokazi
- Date: 2012
- Subjects: Ion exchange , Clinoptilolite
- Language: English
- Type: Thesis , Masters , MTech
- Identifier: vital:10419 , http://hdl.handle.net/10948/d1013257
- Description: The aim of this study was to establish whether samples of South African-mined clinoptilolite could be used to remove selected metal cations from aqueous solution. The clinoptilolite samples supplied, (by Pratley SA) were in four different particle sizes. Batch study results revealed a decrease in the initial metal concentration in samples that were in contact with clinoptilolite. The finer particle size clinoptilolite had a greater capacity to remove metal cations from aqueous solution. However, ion-exchange results from atomic absorption analysis showed that the larger particle sizes, removed more magnesium ions. Magnesium was the only ion investigated in this study that was present as an exchangeable ion in the Pratley clinoptilolite chemical formula, (MgCaNa2K2)2.5(AlO2)7(SiO2)30.21H2O. Results from the ion-exchange studies showed that the decreasing order of percentage metal removal at pH 3.00 was as follows: Pb > Ni > Cu > Fe > Mg. The mass of metal ions that accumulated on one gram of clinoptilolite as determined from the isotherms was calculated to be 6.16 mg/g for lead and 0.74 mg/g for copper. Data from the lead equilibrium studies were fitted into Langmuir and Freundlich equations and linear regression was used to calculate linearity coefficients for the isotherms. The results showed that the removal of lead ions by clinoptilolite is complex as both monolayer and multilayer adsorption occurs on a heterogeneous surface.
- Full Text:
- Date Issued: 2012
A study of the coordination behaviour of the lanthanide series with oxygen-donor ligands
- Authors: Kuhn, Kirsti
- Date: 2012
- Subjects: Chemical elements , Chemical reactions
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:10394 , http://hdl.handle.net/10948/d1009533 , Chemical elements , Chemical reactions
- Description: The reactions between the lanthanide nitrate salts and the ligand triphenylphosphine oxide (TPPO) gave rise to nine-coordinated complexes of the nature Ln(TPPO)3(NO3)3, for Ln = La – Dy, Er, Tm, in which the Ln(III) centre is coordinated to three phosphoryl oxygen atoms and three bidentate nitrate ligands. Generally, the geometry can be described as being mer-octahedral, where the nitrate ligands are considered as monoatomic species. The product of the reaction between Yb(NO3)3·5H2O and TPPO, however, was a highly symmetrical eight-coordinated complex, in which the Yb(III) centre was coordinated to two bidentate nitrate groups and four TPPO molecules. The geometry in this case is best described as being trans-octahedral, with the two nitrate ligands coordinated practically perpendicular to one another. The complexes isolated from the reactions of lanthanide nitrate salts with the ligand bis(pentamethylene)urea (PMU) had the general formula Ln(PMU)3(NO3)3, where Ln = La – Dy, Yb, Lu. The complexes were found to be nine-coordinated with distorted trigonal prismatic geometry, in which the one base of the prism is composed of the oxygen atoms of the three PMU ligands and the other base is made up by one oxygen atom from each of the bidentate nitrate groups. The second oxygen atoms of each of the nitrate groups protrude upward, occupying capping positions. The reactions of the La and Pr nitrate salts with the ligand 2,2’-dipyridyl-N,N’-dioxide (DPDO) produced two novel complexes of the nature [Ln(DPDO)(H2O)2(NO3)3]. These complexes are remarkable in that their crystal structures reveal the Ln(III) centres to be ten-coordinated. The geometry around the Ln(III) centres was complex, due to the presence of a seven-membered chelate ring, formed by the bidentate coordination of the oxygen atoms from the DPDO ligands to the metal centres. The chelate ring did not lie in a single plane, but was twisted at the pyridyl bridgeheads to lie above and below the coordination plane.
- Full Text:
- Date Issued: 2012
- Authors: Kuhn, Kirsti
- Date: 2012
- Subjects: Chemical elements , Chemical reactions
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:10394 , http://hdl.handle.net/10948/d1009533 , Chemical elements , Chemical reactions
- Description: The reactions between the lanthanide nitrate salts and the ligand triphenylphosphine oxide (TPPO) gave rise to nine-coordinated complexes of the nature Ln(TPPO)3(NO3)3, for Ln = La – Dy, Er, Tm, in which the Ln(III) centre is coordinated to three phosphoryl oxygen atoms and three bidentate nitrate ligands. Generally, the geometry can be described as being mer-octahedral, where the nitrate ligands are considered as monoatomic species. The product of the reaction between Yb(NO3)3·5H2O and TPPO, however, was a highly symmetrical eight-coordinated complex, in which the Yb(III) centre was coordinated to two bidentate nitrate groups and four TPPO molecules. The geometry in this case is best described as being trans-octahedral, with the two nitrate ligands coordinated practically perpendicular to one another. The complexes isolated from the reactions of lanthanide nitrate salts with the ligand bis(pentamethylene)urea (PMU) had the general formula Ln(PMU)3(NO3)3, where Ln = La – Dy, Yb, Lu. The complexes were found to be nine-coordinated with distorted trigonal prismatic geometry, in which the one base of the prism is composed of the oxygen atoms of the three PMU ligands and the other base is made up by one oxygen atom from each of the bidentate nitrate groups. The second oxygen atoms of each of the nitrate groups protrude upward, occupying capping positions. The reactions of the La and Pr nitrate salts with the ligand 2,2’-dipyridyl-N,N’-dioxide (DPDO) produced two novel complexes of the nature [Ln(DPDO)(H2O)2(NO3)3]. These complexes are remarkable in that their crystal structures reveal the Ln(III) centres to be ten-coordinated. The geometry around the Ln(III) centres was complex, due to the presence of a seven-membered chelate ring, formed by the bidentate coordination of the oxygen atoms from the DPDO ligands to the metal centres. The chelate ring did not lie in a single plane, but was twisted at the pyridyl bridgeheads to lie above and below the coordination plane.
- Full Text:
- Date Issued: 2012
A study of the implementation of Employment Equity at the Engcobo Local Municipality
- Authors: Dweba, Thandeka
- Date: 2012
- Subjects: Affirmative action programs -- South Africa -- Eastern Cape , Discrimination in employment -- South Africa -- Eastern Cape , Labor laws and legislation -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9426 , http://hdl.handle.net/10948/d1008410 , Affirmative action programs -- South Africa -- Eastern Cape , Discrimination in employment -- South Africa -- Eastern Cape , Labor laws and legislation -- South Africa -- Eastern Cape
- Description: Rationale: It cannot be denied that there has been improvement in demographic representation in South Africa since the implementation of the Employment Equity Act 55 of 1998. Whilst there may still be room for improvement, especially on employer attitudes towards the implementation of employment equity, improved representation of the Previously Disadvantaged Groups has evidently appreciated, however, marginally. Research purpose: This study sought to explore stakeholder perceptions as to why Engcobo Local Municipality had not successfully implemented the Employment Equity Act. Research design, approach and method: This exploratory study was conducted at Engcobo Local Municipality on Councillors, Managers, Key Employees and representatives of Organised Labour. Main findings: a) Engcobo Local Municipality was found not to have complied with various aspects of the Employment Equity Act; b) Respondents mainly believed that failure to implement the Employment Equity Act by Engcobo Local Municipality was due to lack of capacity on the part of the municipality‟s stakeholders; c) Different countries followed different models in the implementation of their Employment Equity, depending on the peculiarity of their circumstances; and d) The most appropriate change management model on which the implementation of the South African Employment Equity is modelled is Hayes‟ Generic Change Management Model. Managerial implications: Future research may be that the municipality can benefit from the recommendations made by the respondents with regard to what they believe needs to be done to remedy the situation. Some of the suggestions include the intensification of communication, establishment consultative structures to facilitate communication and the capacitation of stakeholders to ensure that they understand their responsibilities regarding the implementation of the Employment Equity Act. Contribution: The contribution of the research is supporting the current knowledge base of stakeholders towards the implementation of the Employment Equity Act. Proactive implementation measures should be taken to ensure that people who should benefit from the implementation of the Act are not disadvantaged by the municipality‟s failure to implement the Act. The introduction of the alignment with human resource management practices that complement the implementation of Employment Equity, could overcome the barriers currently being experienced in the effective implementation of the Employment Equity Act.
- Full Text:
- Date Issued: 2012
- Authors: Dweba, Thandeka
- Date: 2012
- Subjects: Affirmative action programs -- South Africa -- Eastern Cape , Discrimination in employment -- South Africa -- Eastern Cape , Labor laws and legislation -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9426 , http://hdl.handle.net/10948/d1008410 , Affirmative action programs -- South Africa -- Eastern Cape , Discrimination in employment -- South Africa -- Eastern Cape , Labor laws and legislation -- South Africa -- Eastern Cape
- Description: Rationale: It cannot be denied that there has been improvement in demographic representation in South Africa since the implementation of the Employment Equity Act 55 of 1998. Whilst there may still be room for improvement, especially on employer attitudes towards the implementation of employment equity, improved representation of the Previously Disadvantaged Groups has evidently appreciated, however, marginally. Research purpose: This study sought to explore stakeholder perceptions as to why Engcobo Local Municipality had not successfully implemented the Employment Equity Act. Research design, approach and method: This exploratory study was conducted at Engcobo Local Municipality on Councillors, Managers, Key Employees and representatives of Organised Labour. Main findings: a) Engcobo Local Municipality was found not to have complied with various aspects of the Employment Equity Act; b) Respondents mainly believed that failure to implement the Employment Equity Act by Engcobo Local Municipality was due to lack of capacity on the part of the municipality‟s stakeholders; c) Different countries followed different models in the implementation of their Employment Equity, depending on the peculiarity of their circumstances; and d) The most appropriate change management model on which the implementation of the South African Employment Equity is modelled is Hayes‟ Generic Change Management Model. Managerial implications: Future research may be that the municipality can benefit from the recommendations made by the respondents with regard to what they believe needs to be done to remedy the situation. Some of the suggestions include the intensification of communication, establishment consultative structures to facilitate communication and the capacitation of stakeholders to ensure that they understand their responsibilities regarding the implementation of the Employment Equity Act. Contribution: The contribution of the research is supporting the current knowledge base of stakeholders towards the implementation of the Employment Equity Act. Proactive implementation measures should be taken to ensure that people who should benefit from the implementation of the Act are not disadvantaged by the municipality‟s failure to implement the Act. The introduction of the alignment with human resource management practices that complement the implementation of Employment Equity, could overcome the barriers currently being experienced in the effective implementation of the Employment Equity Act.
- Full Text:
- Date Issued: 2012
A study of the prevalence of refractive errors and of patients requring refractive services at 15 eye clinics in the Amathole, Chris Hani, Joe Gqabi and O. R. Tambo districts of the Eastern Cape
- Authors: Webber, Fiona
- Date: 2012
- Subjects: Eye -- Refractive errors -- South Africa -- Eastern Cape , Cataract -- Surgery -- South Africa -- Eastern Cape , Refractive keratoplasty -- South Africa -- Eastern Cape , Community health services -- South Africa -- Eastern Cape , Eye -- Diseases -- South Africa -- Eastern Cape , Optometry -- South Africa -- Eastern Cape , Eyeglasses -- South Africa -- Eastern Cape , Nurses -- In-service training -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MSc (Nursing Science)
- Identifier: vital:11900 , http://hdl.handle.net/10353/d1001100 , Eye -- Refractive errors -- South Africa -- Eastern Cape , Cataract -- Surgery -- South Africa -- Eastern Cape , Refractive keratoplasty -- South Africa -- Eastern Cape , Community health services -- South Africa -- Eastern Cape , Eye -- Diseases -- South Africa -- Eastern Cape , Optometry -- South Africa -- Eastern Cape , Eyeglasses -- South Africa -- Eastern Cape , Nurses -- In-service training -- South Africa -- Eastern Cape
- Description: This is a study on the prevalence of refractive errors and patients requiring refractive services at 15 eye clinics in the Amathole, Chris Hani, Joe Gqabi and OR Tambo District Municipalities of the Eastern Cape. This is an area characterised by extreme poverty where the cost of an eye examination and prescription spectacles remains financially unobtainable for most. Optometry services are provided mainly by private optometrists who service the small proportion of the population that can afford them. Adults and children remain house bound or are labelled as dull and unproductive simply because they don’t have access to an eye examination and a pair of spectacles. Purpose The purpose of the study is to identify patients with refractive errors and those requiring refractive services at the 15 eye clinics in the Eastern Cape. Another purpose is to describe the refractive services that are available to patients attending health facilities, where the eye clinics are conducted. Lastly, the purpose is to explore the possibility of nurses providing refractive services independently or under the supervision of optometrists to supplement the lack to refracting and dispensing services. Study Method A quantitative and qualitative non-experimental descriptive design was used. Research involved the analysis of Vision Care’s eye clinic records collected from 15 eye clinics from January 2010-June 2010. Semi-structured interviews were conducted with 30 nurses working at the 15 health facilities where the eye clinics were conducted using purposive sampling. The quantitative data was analysed using excel spreadsheets and graphs and qualitative data was analysed using coding and categorizing methods. Conclusion According to Vision Care’s data of the patients assessed, 19.2 percent had a refractive error and 54 percent of the patients required refractive services. It is estimated that 71.41 percent of the patients had a refractive error according to the optometrist. Although there were some organisations active in the eradication of cataracts, there was little healthcare available in the form of refraction services. xiv Patients needed to travel an average of 63.8kms to access refraction services against the backdrop of poor roads, poverty and unemployment. 28 out of 30 nurses either ‘strongly agreed’ or ‘agreed’ that nurses could be trained to perform refractions and dispense spectacles. 29 out of 30 nurses thought that this would have a positive impact on eye care. Further research is necessary to assess the feasibility of implementing a nurse operated refractive program and whether it should be within their scope of practice to refract and dispense spectacles.
- Full Text:
- Date Issued: 2012
- Authors: Webber, Fiona
- Date: 2012
- Subjects: Eye -- Refractive errors -- South Africa -- Eastern Cape , Cataract -- Surgery -- South Africa -- Eastern Cape , Refractive keratoplasty -- South Africa -- Eastern Cape , Community health services -- South Africa -- Eastern Cape , Eye -- Diseases -- South Africa -- Eastern Cape , Optometry -- South Africa -- Eastern Cape , Eyeglasses -- South Africa -- Eastern Cape , Nurses -- In-service training -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MSc (Nursing Science)
- Identifier: vital:11900 , http://hdl.handle.net/10353/d1001100 , Eye -- Refractive errors -- South Africa -- Eastern Cape , Cataract -- Surgery -- South Africa -- Eastern Cape , Refractive keratoplasty -- South Africa -- Eastern Cape , Community health services -- South Africa -- Eastern Cape , Eye -- Diseases -- South Africa -- Eastern Cape , Optometry -- South Africa -- Eastern Cape , Eyeglasses -- South Africa -- Eastern Cape , Nurses -- In-service training -- South Africa -- Eastern Cape
- Description: This is a study on the prevalence of refractive errors and patients requiring refractive services at 15 eye clinics in the Amathole, Chris Hani, Joe Gqabi and OR Tambo District Municipalities of the Eastern Cape. This is an area characterised by extreme poverty where the cost of an eye examination and prescription spectacles remains financially unobtainable for most. Optometry services are provided mainly by private optometrists who service the small proportion of the population that can afford them. Adults and children remain house bound or are labelled as dull and unproductive simply because they don’t have access to an eye examination and a pair of spectacles. Purpose The purpose of the study is to identify patients with refractive errors and those requiring refractive services at the 15 eye clinics in the Eastern Cape. Another purpose is to describe the refractive services that are available to patients attending health facilities, where the eye clinics are conducted. Lastly, the purpose is to explore the possibility of nurses providing refractive services independently or under the supervision of optometrists to supplement the lack to refracting and dispensing services. Study Method A quantitative and qualitative non-experimental descriptive design was used. Research involved the analysis of Vision Care’s eye clinic records collected from 15 eye clinics from January 2010-June 2010. Semi-structured interviews were conducted with 30 nurses working at the 15 health facilities where the eye clinics were conducted using purposive sampling. The quantitative data was analysed using excel spreadsheets and graphs and qualitative data was analysed using coding and categorizing methods. Conclusion According to Vision Care’s data of the patients assessed, 19.2 percent had a refractive error and 54 percent of the patients required refractive services. It is estimated that 71.41 percent of the patients had a refractive error according to the optometrist. Although there were some organisations active in the eradication of cataracts, there was little healthcare available in the form of refraction services. xiv Patients needed to travel an average of 63.8kms to access refraction services against the backdrop of poor roads, poverty and unemployment. 28 out of 30 nurses either ‘strongly agreed’ or ‘agreed’ that nurses could be trained to perform refractions and dispense spectacles. 29 out of 30 nurses thought that this would have a positive impact on eye care. Further research is necessary to assess the feasibility of implementing a nurse operated refractive program and whether it should be within their scope of practice to refract and dispense spectacles.
- Full Text:
- Date Issued: 2012
A sustainable development approach in the control of alien invasion vegetation
- Authors: Ndwayana, Hamilton Ncedo
- Date: 2012
- Subjects: Invasive plants -- Ecology , Plant invasions -- Biological control
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9217 , http://hdl.handle.net/10948/d1020803
- Description: Invasive alien tree species have negative environmental and economic impacts throughout the world. For example, black wattle (Acacia mearnsii) threatens native habitats by competing with and so repressing or excluding indigenous vegetation: in this way it replaces grass communities, reduces biodiversity, and increases water loss from riparian zones, thereby fundamentally damaging the ecosystem. The Acacia mearnsii threat requires urgent attention: effective control and management is urgently required if these deleterious impacts are to be reversed or prevented. The present study was conducted in the Elliot and Ugie communities situated in the Sakhisizwe and Elundini Local Municipalities. The objective of this study was to design integrated, efficient and cost-effective methods to help farmers and members of these communities with control and management of alien plant invasions. Further the study aimed to evaluate the implementation and efficacy of Working for Water (WfW) initiatives in poverty alleviation, and skills development: in addition the study attempted to assess WfW inputs as regards relevant legislation aimed at combating major wattle invasions. Mixed methodological approaches were employed, utilizing both qualitative and quantitative techniques. Questionnaire surveys, semi-structured interviews, use of photos, content analyses of local documents and experimental field work were all employed in order to collect and interpret data for the study. The study reveals that mechanical control and rehabilitation in combating should provide efficient and cost-effective methods for proper management of rangelands. Moreover the National Department of Agriculture, Forestry and Fisheries (DAFF) should be urged to devise and enforce legislation that will help to ensure sustainable control and management of black wattle through conservation of the natural environment. Furthermore funds should be made available for wattle eradication programmes so as alleviate poverty by creating more job opportunities for members of poor communities.
- Full Text:
- Date Issued: 2012
- Authors: Ndwayana, Hamilton Ncedo
- Date: 2012
- Subjects: Invasive plants -- Ecology , Plant invasions -- Biological control
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9217 , http://hdl.handle.net/10948/d1020803
- Description: Invasive alien tree species have negative environmental and economic impacts throughout the world. For example, black wattle (Acacia mearnsii) threatens native habitats by competing with and so repressing or excluding indigenous vegetation: in this way it replaces grass communities, reduces biodiversity, and increases water loss from riparian zones, thereby fundamentally damaging the ecosystem. The Acacia mearnsii threat requires urgent attention: effective control and management is urgently required if these deleterious impacts are to be reversed or prevented. The present study was conducted in the Elliot and Ugie communities situated in the Sakhisizwe and Elundini Local Municipalities. The objective of this study was to design integrated, efficient and cost-effective methods to help farmers and members of these communities with control and management of alien plant invasions. Further the study aimed to evaluate the implementation and efficacy of Working for Water (WfW) initiatives in poverty alleviation, and skills development: in addition the study attempted to assess WfW inputs as regards relevant legislation aimed at combating major wattle invasions. Mixed methodological approaches were employed, utilizing both qualitative and quantitative techniques. Questionnaire surveys, semi-structured interviews, use of photos, content analyses of local documents and experimental field work were all employed in order to collect and interpret data for the study. The study reveals that mechanical control and rehabilitation in combating should provide efficient and cost-effective methods for proper management of rangelands. Moreover the National Department of Agriculture, Forestry and Fisheries (DAFF) should be urged to devise and enforce legislation that will help to ensure sustainable control and management of black wattle through conservation of the natural environment. Furthermore funds should be made available for wattle eradication programmes so as alleviate poverty by creating more job opportunities for members of poor communities.
- Full Text:
- Date Issued: 2012
AC3P: an architecture using cloud computing for the provision of mathematical powerpoint content to feature phones
- Authors: Joubert, Jean-Pierre
- Date: 2012
- Subjects: Cloud computing , Mobile computing , Mathematics -- Study and teaching.
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:10474 , http://hdl.handle.net/10948/d1011088 , Cloud computing , Mobile computing , Mathematics -- Study and teaching.
- Description: The Govan Mbeki Mathematics Development Unit (GMMDU) provides additional mathematics content to learners via mathematics workshops and DVDs. Mathematics is presented in PPT format. The prominence of feature phone usage has been confirmed amongst learners in socio-economic disadvantaged schools, specifically those learners participating in the GMMDU mathematics workshops. Feature phones typically contain limited device resources such as memory, battery power, and network resources. Distributed computing provides the potential to facilitate a new class of mobile applications with the provision of off-device resources. The objective of this research was the design of an architecture using Cloud Computing for the provision of mathematics in the form of PPT slides to feature phones. The capabilities of typical feature phones were reviewed as well as various distributed computing architectures that demonstrate potential benefit to the mobile environment. An Architecture using Cloud Computing for Content Provision (AC3P) was subsequently designed and applied as a proof of concept to facilitate the provision of mathematics in the form of PPT slides to feature phones. The application of AC3P was evaluated for efficiency and effectiveness. It was demonstrated that the application of AC3P provided efficient and effective provision of PPT to feature phones. The successful application of AC3P provided evidence that Cloud Computing may be used to facilitate the provision of mathematics content to feature phones. It is evident that AC3P may be applied in domains other than the provision of mathematics.
- Full Text:
- Date Issued: 2012
- Authors: Joubert, Jean-Pierre
- Date: 2012
- Subjects: Cloud computing , Mobile computing , Mathematics -- Study and teaching.
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:10474 , http://hdl.handle.net/10948/d1011088 , Cloud computing , Mobile computing , Mathematics -- Study and teaching.
- Description: The Govan Mbeki Mathematics Development Unit (GMMDU) provides additional mathematics content to learners via mathematics workshops and DVDs. Mathematics is presented in PPT format. The prominence of feature phone usage has been confirmed amongst learners in socio-economic disadvantaged schools, specifically those learners participating in the GMMDU mathematics workshops. Feature phones typically contain limited device resources such as memory, battery power, and network resources. Distributed computing provides the potential to facilitate a new class of mobile applications with the provision of off-device resources. The objective of this research was the design of an architecture using Cloud Computing for the provision of mathematics in the form of PPT slides to feature phones. The capabilities of typical feature phones were reviewed as well as various distributed computing architectures that demonstrate potential benefit to the mobile environment. An Architecture using Cloud Computing for Content Provision (AC3P) was subsequently designed and applied as a proof of concept to facilitate the provision of mathematics in the form of PPT slides to feature phones. The application of AC3P was evaluated for efficiency and effectiveness. It was demonstrated that the application of AC3P provided efficient and effective provision of PPT to feature phones. The successful application of AC3P provided evidence that Cloud Computing may be used to facilitate the provision of mathematics content to feature phones. It is evident that AC3P may be applied in domains other than the provision of mathematics.
- Full Text:
- Date Issued: 2012
Academic experiences of faculty of education postgraduate students who have dropped out of a higher education institution in Eastern Cape Province
- Authors: Mdyogolo, Winkie
- Date: 2012
- Subjects: Education, Higher -- South Africa -- Eastern Cape , Dropouts -- South Africa -- Eastern Cape , Universities and colleges -- South Africa -- Eastern Cape , Graduate students -- Supervision of -- South Africa -- Eastern Cape -- Case studies , Universities and colleges -- South Africa -- Graduate work -- Case studies
- Language: English
- Type: Thesis , Masters , M Ed
- Identifier: vital:16172 , http://hdl.handle.net/10353/512 , Education, Higher -- South Africa -- Eastern Cape , Dropouts -- South Africa -- Eastern Cape , Universities and colleges -- South Africa -- Eastern Cape , Graduate students -- Supervision of -- South Africa -- Eastern Cape -- Case studies , Universities and colleges -- South Africa -- Graduate work -- Case studies
- Description: The purpose of this study was to explore academic learning experiences of students who have dropped out of postgraduate studies in a Higher Education Institution in Eastern Cape. The study employed phenomenological approach using unstructured in-depth interviews to collect data from participants who have dropped out of Masters Programme in HEI in Eastern Cape. Four participants participated in this study. A lot of themes emerged from what the participants reported and similar experiences were noted as well as different experiences. Central to what this study ascertained is the relationship between the supervisor and supervisee. From the findings of the study it can be ascertained that for any postgraduate student to succeed in his/her studies he / she needs a positive relationship with the supervisor who will play a role of guide, mentor, supporter and a friend. However, the academic preparedness of the students in terms of academic reading and writing, computer literacy and determination to be an independent researcher is also key. Whilst this study provides insight to what the students have experienced academically its findings cannot be generalised because the experiences are those of individuals. , Govan Mbeki Research and Development Centre
- Full Text:
- Date Issued: 2012
- Authors: Mdyogolo, Winkie
- Date: 2012
- Subjects: Education, Higher -- South Africa -- Eastern Cape , Dropouts -- South Africa -- Eastern Cape , Universities and colleges -- South Africa -- Eastern Cape , Graduate students -- Supervision of -- South Africa -- Eastern Cape -- Case studies , Universities and colleges -- South Africa -- Graduate work -- Case studies
- Language: English
- Type: Thesis , Masters , M Ed
- Identifier: vital:16172 , http://hdl.handle.net/10353/512 , Education, Higher -- South Africa -- Eastern Cape , Dropouts -- South Africa -- Eastern Cape , Universities and colleges -- South Africa -- Eastern Cape , Graduate students -- Supervision of -- South Africa -- Eastern Cape -- Case studies , Universities and colleges -- South Africa -- Graduate work -- Case studies
- Description: The purpose of this study was to explore academic learning experiences of students who have dropped out of postgraduate studies in a Higher Education Institution in Eastern Cape. The study employed phenomenological approach using unstructured in-depth interviews to collect data from participants who have dropped out of Masters Programme in HEI in Eastern Cape. Four participants participated in this study. A lot of themes emerged from what the participants reported and similar experiences were noted as well as different experiences. Central to what this study ascertained is the relationship between the supervisor and supervisee. From the findings of the study it can be ascertained that for any postgraduate student to succeed in his/her studies he / she needs a positive relationship with the supervisor who will play a role of guide, mentor, supporter and a friend. However, the academic preparedness of the students in terms of academic reading and writing, computer literacy and determination to be an independent researcher is also key. Whilst this study provides insight to what the students have experienced academically its findings cannot be generalised because the experiences are those of individuals. , Govan Mbeki Research and Development Centre
- Full Text:
- Date Issued: 2012
Academic experiences of faculty of education postgraduate students who have dropped out of a higher education institution in the Eastern Cape Province
- Authors: Mdyogolo, Winkie
- Date: 2012
- Subjects: Dropouts -- South Africa -- Eastern Cape Education, Higher -- South Africa -- Eastern Cape Universities and colleges -- South Africa -- Graduate work -- Case studies
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: http://hdl.handle.net/10353/8317 , vital:32268
- Description: The purpose of this study was to explore academic learning experiences of students who have dropped out of postgraduate studies in a Higher Education Institution in Eastern Cape. The study employed phenomenological approach using unstructured in-depth interviews to collect data from participants who have dropped out of Masters Programme in HEI in Eastern Cape. Four participants participated in this study. A lot of themes emerged from what the participants reported and similar experiences were noted as well as different experiences. Central to what this study ascertained is the relationship between the supervisor and supervisee. From the findings of the study it can be ascertained that for any postgraduate student to succeed in his/her studies he / she needs a positive relationship with the supervisor who will play a role of guide, mentor, supporter and a friend. However, the academic preparedness of the students in terms of academic reading and writing, computer literacy and determination to be an independent researcher is also key. Whilst this study provides insight to what the students have experienced academically its findings cannot be generalised because the experiences are those of individuals.
- Full Text:
- Date Issued: 2012
- Authors: Mdyogolo, Winkie
- Date: 2012
- Subjects: Dropouts -- South Africa -- Eastern Cape Education, Higher -- South Africa -- Eastern Cape Universities and colleges -- South Africa -- Graduate work -- Case studies
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: http://hdl.handle.net/10353/8317 , vital:32268
- Description: The purpose of this study was to explore academic learning experiences of students who have dropped out of postgraduate studies in a Higher Education Institution in Eastern Cape. The study employed phenomenological approach using unstructured in-depth interviews to collect data from participants who have dropped out of Masters Programme in HEI in Eastern Cape. Four participants participated in this study. A lot of themes emerged from what the participants reported and similar experiences were noted as well as different experiences. Central to what this study ascertained is the relationship between the supervisor and supervisee. From the findings of the study it can be ascertained that for any postgraduate student to succeed in his/her studies he / she needs a positive relationship with the supervisor who will play a role of guide, mentor, supporter and a friend. However, the academic preparedness of the students in terms of academic reading and writing, computer literacy and determination to be an independent researcher is also key. Whilst this study provides insight to what the students have experienced academically its findings cannot be generalised because the experiences are those of individuals.
- Full Text:
- Date Issued: 2012
Achieving more cost-effective implementation of an Eastern Cape Thicket Rehabilitation project
- Authors: Gusha, Samora Mkuseli
- Date: 2012
- Subjects: Project management -- Cost effectiveness , Cost control , Activity-based costing
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/6214 , vital:21056
- Description: The study was looking at achieving more cost-effective implementation of the Eastern Cape Thicket Rehabilitation Project. Project management has been identified as a key for a proper implementation of any kind of work. For project management to be effective, individual learning and development of project managers is of paramount importance. An improved communication process is vital, that clearly specifies objectives if any success will be achieved. A proper and structural way of addressing change is a need, so that no unnecessary delays are experienced. A need is there for processes to be streamlined to avoid duplications as they are unnecessary costs. Employees need to be given an opportunity to have their ideas looked at, a way of testing if they really have been empowered. The important thing is that their views must speak to the standards of the project. Reductions in costs are a must for more communities to benefit in the project. Continuous improvement is the way forward.
- Full Text:
- Date Issued: 2012
- Authors: Gusha, Samora Mkuseli
- Date: 2012
- Subjects: Project management -- Cost effectiveness , Cost control , Activity-based costing
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/6214 , vital:21056
- Description: The study was looking at achieving more cost-effective implementation of the Eastern Cape Thicket Rehabilitation Project. Project management has been identified as a key for a proper implementation of any kind of work. For project management to be effective, individual learning and development of project managers is of paramount importance. An improved communication process is vital, that clearly specifies objectives if any success will be achieved. A proper and structural way of addressing change is a need, so that no unnecessary delays are experienced. A need is there for processes to be streamlined to avoid duplications as they are unnecessary costs. Employees need to be given an opportunity to have their ideas looked at, a way of testing if they really have been empowered. The important thing is that their views must speak to the standards of the project. Reductions in costs are a must for more communities to benefit in the project. Continuous improvement is the way forward.
- Full Text:
- Date Issued: 2012
Acoustic monitoring and control system to determine the properties of damping materials
- Authors: Stahlberg, Martin
- Date: 2012
- Subjects: Vibration (Aeronautics) -- Damping , Acoustic emission testing
- Language: English
- Type: Thesis , Masters , MEngineering (Mechatronics)
- Identifier: vital:9658
- Description: Experience shows that the noise and sound quality in vehicles are often a recurring criticism. The bodies of modern vehicles consist predominantly of thin sheets of metal. It is hard to prevent the excitation of bending vibrations and the subsequent emission of disturbing noise while driving. The noise spectrum in a car that can be heard by the driver is from ”latent roar” to ”chattering” noise of the body and engine. In automotive vehicles damped materials, especially plastics or materials made from sheet metal and surface damping treatments, are used. Those have high internal energy losses and damp sound oscillatory systems found in the body or interior of cars. A further advantage of such treated components is that they are applied to existing components working over wide temperature and frequency ranges. Many companies provide such ”sound-absorbing compounds”. The requirements for these damping materials are high temperature-resistance, water repellence, fuel and oil-resistance and good adhesion to the base material [17]. The acoustic properties, especially the damping of the plate vibrations through rubber are of interest. the question arises how can the damping coeficient of coated metal sheets can be measured and secondly, by how much the road noise is reduced when built-in sheets are coated with a known damped material. With the Oberst Bar Test Method (named after Dr. H. Oberst) the properties are determined of the internal damping materials that can be used to simulate mechanical constructions to determine damping of larger surfaces. This method describes a laboratory test procedure for measuring the mechanical properties of damped materials. A block diagram of the test system consisting of a damped material bonded to a vibrating cantilever steel bar is shown in figure 2.1. This method is useful for testing materials such as metals, enamels, ceramics, rubbers, plastics, reinforced epoxy matrices and wood. In addition to damping measurement, the test allows for the determination of the Young’s modulus E of the material. E is calculated from the resonance frequency of a given mode and from the physical constants of the bar. By associating the damping factor with the Young’s modulus, a complex quantity is defined which is called the Complex Modulus of Elasticity. Measurements of dynamic mechanical properties are also useful in the research on the molecular structure of materials.
- Full Text:
- Date Issued: 2012
- Authors: Stahlberg, Martin
- Date: 2012
- Subjects: Vibration (Aeronautics) -- Damping , Acoustic emission testing
- Language: English
- Type: Thesis , Masters , MEngineering (Mechatronics)
- Identifier: vital:9658
- Description: Experience shows that the noise and sound quality in vehicles are often a recurring criticism. The bodies of modern vehicles consist predominantly of thin sheets of metal. It is hard to prevent the excitation of bending vibrations and the subsequent emission of disturbing noise while driving. The noise spectrum in a car that can be heard by the driver is from ”latent roar” to ”chattering” noise of the body and engine. In automotive vehicles damped materials, especially plastics or materials made from sheet metal and surface damping treatments, are used. Those have high internal energy losses and damp sound oscillatory systems found in the body or interior of cars. A further advantage of such treated components is that they are applied to existing components working over wide temperature and frequency ranges. Many companies provide such ”sound-absorbing compounds”. The requirements for these damping materials are high temperature-resistance, water repellence, fuel and oil-resistance and good adhesion to the base material [17]. The acoustic properties, especially the damping of the plate vibrations through rubber are of interest. the question arises how can the damping coeficient of coated metal sheets can be measured and secondly, by how much the road noise is reduced when built-in sheets are coated with a known damped material. With the Oberst Bar Test Method (named after Dr. H. Oberst) the properties are determined of the internal damping materials that can be used to simulate mechanical constructions to determine damping of larger surfaces. This method describes a laboratory test procedure for measuring the mechanical properties of damped materials. A block diagram of the test system consisting of a damped material bonded to a vibrating cantilever steel bar is shown in figure 2.1. This method is useful for testing materials such as metals, enamels, ceramics, rubbers, plastics, reinforced epoxy matrices and wood. In addition to damping measurement, the test allows for the determination of the Young’s modulus E of the material. E is calculated from the resonance frequency of a given mode and from the physical constants of the bar. By associating the damping factor with the Young’s modulus, a complex quantity is defined which is called the Complex Modulus of Elasticity. Measurements of dynamic mechanical properties are also useful in the research on the molecular structure of materials.
- Full Text:
- Date Issued: 2012
Adapting to climate change to achieve household food security: a case study of small-scale farmers at Dzindi smallholder irrigation scheme in the Limpopo Province of South Africa
- Chigavazira, Blessing Munyaradzi
- Authors: Chigavazira, Blessing Munyaradzi
- Date: 2012
- Subjects: Climatic changes -- South Africa -- Limpopo , Food security -- South Africa -- Limpopo , Farms, Small -- South Africa -- Limpopo , Sustainable agriculture -- South Africa -- Limpopo , Irrigation farming -- South Africa -- Eastern Cape , Irrigation projects -- South Africa -- Limpopo
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11434 , http://hdl.handle.net/10353/d1007186 , Climatic changes -- South Africa -- Limpopo , Food security -- South Africa -- Limpopo , Farms, Small -- South Africa -- Limpopo , Sustainable agriculture -- South Africa -- Limpopo , Irrigation farming -- South Africa -- Eastern Cape , Irrigation projects -- South Africa -- Limpopo
- Description: This dissertation explored adaptation mechanisms and adaptation options employed by rural small-scale farmers at Dzindi Irrigation Scheme to achieve food security in the midst of climate change as well as reflecting on the role of the state in building capacity of rural small-scale farmers to adapt to climate change. The study employed qualitative research techniques and data was obtained through semi-structured interviews with 40 small-scale farmers at Dzindi smallholder irrigation scheme.Irrigation control, high yielding crop varieties (HYVs), drought resistant crop varieties, drip irrigation are among a host of adaptation strategies successfully employed by farmers at Dzindi. These strategies have been effective in giving the farmers a lifeline in terms of household food supply and income.However, lack of funding, modern infrastructure and equipment has hampered adaptation efforts at the scheme. This has been compounded by lack of support from the Government. Government seemingly has not done enough to capacitate and assist famers to adapt to climate change.
- Full Text:
- Date Issued: 2012
- Authors: Chigavazira, Blessing Munyaradzi
- Date: 2012
- Subjects: Climatic changes -- South Africa -- Limpopo , Food security -- South Africa -- Limpopo , Farms, Small -- South Africa -- Limpopo , Sustainable agriculture -- South Africa -- Limpopo , Irrigation farming -- South Africa -- Eastern Cape , Irrigation projects -- South Africa -- Limpopo
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11434 , http://hdl.handle.net/10353/d1007186 , Climatic changes -- South Africa -- Limpopo , Food security -- South Africa -- Limpopo , Farms, Small -- South Africa -- Limpopo , Sustainable agriculture -- South Africa -- Limpopo , Irrigation farming -- South Africa -- Eastern Cape , Irrigation projects -- South Africa -- Limpopo
- Description: This dissertation explored adaptation mechanisms and adaptation options employed by rural small-scale farmers at Dzindi Irrigation Scheme to achieve food security in the midst of climate change as well as reflecting on the role of the state in building capacity of rural small-scale farmers to adapt to climate change. The study employed qualitative research techniques and data was obtained through semi-structured interviews with 40 small-scale farmers at Dzindi smallholder irrigation scheme.Irrigation control, high yielding crop varieties (HYVs), drought resistant crop varieties, drip irrigation are among a host of adaptation strategies successfully employed by farmers at Dzindi. These strategies have been effective in giving the farmers a lifeline in terms of household food supply and income.However, lack of funding, modern infrastructure and equipment has hampered adaptation efforts at the scheme. This has been compounded by lack of support from the Government. Government seemingly has not done enough to capacitate and assist famers to adapt to climate change.
- Full Text:
- Date Issued: 2012
Adolescents' knowledge about abortion and emergency contraception a survey study
- Authors: Seutlwadi, Lebogang
- Date: 2012
- Subjects: Birth control -- Social aspects -- South Africa -- Buffalo City Emergency contraceptives -- Social aspects -- South Africa -- Buffalo City Reproductive rights -- South Africa Teenage pregnancy -- Social aspects -- South Africa -- Buffalo City Teenage pregnancy -- Psychological aspects -- South Africa -- Buffalo City Abortion -- Social aspects -- South Africa -- Buffalo City Abortion -- Health aspects -- South Africa -- Buffalo City Abortion -- Psychological aspects -- South Africa -- Buffalo City Teenagers -- Sexual behavior -- South Africa -- Buffalo City Sex instruction for teenagers -- South Africa -- Buffalo City Health education -- South Africa -- Buffalo City
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:3052 , http://hdl.handle.net/10962/d1002561
- Description: Adolescents have become focal points of discussions and debates regarding sexuality and reproductive health matters. However, little research has been done particularly in South Africa to examine their knowledge concerning abortion and emergency contraception. Research indicates that a substantial proportion of adolescent pregnancies are unintended or unwanted. Abortion and emergency contraception are both time-sensitive services. Thus having accurate and comprehensive knowledge about both abortion and emergency contraception is pivotal, in the case of unintended or unwanted pregnancy or when engaging in unprotected sex or experiencing contraceptive failure that could lead to pregnancy. The 1994 International Conference on Population and Development (ICPD) defined reproductive health rights for both men and women as the right to "decide freely and responsibly the number, spacing and timing of their children and to have the information and means to do so" (p. 60). That is, men and women should "have the right to make decisions concerning their reproduction free of discrimination, violence and coercion" (ICPD, 1994, p.60). Based on these definitions, it is rather evident that comprehensive and accurate knowledge are at the core of one's ability to make an informed consent. This is confirmed by Adler's (1992, p. 289) definition of informed consent or choice "a) access to sufficient information b) understanding the information c) competence to evaluate potential consequences d) freedom to make a choice and e) the ability to make and express that choice". It is from this framework that this study emerged. The aim of this study was to examine adolescents' knowledge concerning abortion and emergency contraception. The participants were Grade 11 learners between the ages of 15-24 years from five different schools in the Buffalo City Municipality. A sample of 514 was achieved. Data were analysed using descriptive cross-tabulation, chi-square and qualitative methods where appropriate. The results revealed that most of the participants did not have sufficient accurate knowledge concerning the Choice on Termination of Pregnancy Act, consequences of legal abortion and emergency contraceptive pills to make informed decisions. Furthermore, data also revealed that the participants' schools playa role in their sexual activity, their knowledge about the Choice on Termination of Pregnancy Act and about emergency contraceptive pills. Although this method made it feasible for the researcher to make general assumptions, non-responses were one of the limitations of the study. Similar research in various municipalities/cities in and outside the Eastern Cape is recommended so as to increase further awareness concerning the level of knowledge that adolescents have about contraceptive pills particularly emergency contraceptive pills, the Choice on Termination of Pregnancy Act and abortion in general.
- Full Text:
- Date Issued: 2012
- Authors: Seutlwadi, Lebogang
- Date: 2012
- Subjects: Birth control -- Social aspects -- South Africa -- Buffalo City Emergency contraceptives -- Social aspects -- South Africa -- Buffalo City Reproductive rights -- South Africa Teenage pregnancy -- Social aspects -- South Africa -- Buffalo City Teenage pregnancy -- Psychological aspects -- South Africa -- Buffalo City Abortion -- Social aspects -- South Africa -- Buffalo City Abortion -- Health aspects -- South Africa -- Buffalo City Abortion -- Psychological aspects -- South Africa -- Buffalo City Teenagers -- Sexual behavior -- South Africa -- Buffalo City Sex instruction for teenagers -- South Africa -- Buffalo City Health education -- South Africa -- Buffalo City
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:3052 , http://hdl.handle.net/10962/d1002561
- Description: Adolescents have become focal points of discussions and debates regarding sexuality and reproductive health matters. However, little research has been done particularly in South Africa to examine their knowledge concerning abortion and emergency contraception. Research indicates that a substantial proportion of adolescent pregnancies are unintended or unwanted. Abortion and emergency contraception are both time-sensitive services. Thus having accurate and comprehensive knowledge about both abortion and emergency contraception is pivotal, in the case of unintended or unwanted pregnancy or when engaging in unprotected sex or experiencing contraceptive failure that could lead to pregnancy. The 1994 International Conference on Population and Development (ICPD) defined reproductive health rights for both men and women as the right to "decide freely and responsibly the number, spacing and timing of their children and to have the information and means to do so" (p. 60). That is, men and women should "have the right to make decisions concerning their reproduction free of discrimination, violence and coercion" (ICPD, 1994, p.60). Based on these definitions, it is rather evident that comprehensive and accurate knowledge are at the core of one's ability to make an informed consent. This is confirmed by Adler's (1992, p. 289) definition of informed consent or choice "a) access to sufficient information b) understanding the information c) competence to evaluate potential consequences d) freedom to make a choice and e) the ability to make and express that choice". It is from this framework that this study emerged. The aim of this study was to examine adolescents' knowledge concerning abortion and emergency contraception. The participants were Grade 11 learners between the ages of 15-24 years from five different schools in the Buffalo City Municipality. A sample of 514 was achieved. Data were analysed using descriptive cross-tabulation, chi-square and qualitative methods where appropriate. The results revealed that most of the participants did not have sufficient accurate knowledge concerning the Choice on Termination of Pregnancy Act, consequences of legal abortion and emergency contraceptive pills to make informed decisions. Furthermore, data also revealed that the participants' schools playa role in their sexual activity, their knowledge about the Choice on Termination of Pregnancy Act and about emergency contraceptive pills. Although this method made it feasible for the researcher to make general assumptions, non-responses were one of the limitations of the study. Similar research in various municipalities/cities in and outside the Eastern Cape is recommended so as to increase further awareness concerning the level of knowledge that adolescents have about contraceptive pills particularly emergency contraceptive pills, the Choice on Termination of Pregnancy Act and abortion in general.
- Full Text:
- Date Issued: 2012
Agricultural expenditure for economic growth and poverty reduction in Zimbabwe
- Authors: Mapfumo, Alexander
- Date: 2012
- Subjects: Agriculture -- Research -- Zimbabwe , Agricultural extension work -- Zimbabwe , Agricultural development projects -- Zimbabwe , Poverty -- Zimbabwe , Economic development -- Zimbabwe , Agricultural services -- Zimbabwe , Agricultural credit -- Zimbabwe
- Language: English
- Type: Thesis , Masters , MSc Agric (Agricultural Economics)
- Identifier: vital:11155 , http://hdl.handle.net/10353/422 , Agriculture -- Research -- Zimbabwe , Agricultural extension work -- Zimbabwe , Agricultural development projects -- Zimbabwe , Poverty -- Zimbabwe , Economic development -- Zimbabwe , Agricultural services -- Zimbabwe , Agricultural credit -- Zimbabwe
- Description: A vibrant and an efficient agricultural sector would enable a country to feed its growing population, generate employment, earn foreign exchange and provide raw materials for industries. The agricultural sector has a multiplier effect on any nation's socio-economic and industrial fabric because of the multifunctional nature of agriculture. The main objective of this study was to investigate how government expenditure on agriculture has affected economic growth in Zimbabwe from 1980-2009. The Log linear growth regression model was employed where gross domestic gross was the dependant variable and the explanatory variables are the factors which affect it which include government agricultural expenditure. The expenditures of government on agriculture were divided into three functions namely extension, credit assistance and R & D. The regression analyses were performed using Econometric-views 7 (E-views 7) statistical package. Regression was carried out on time series data for the period 1980 to 2009. The data was tested for stationarity and for autocorrelation. Problems of non stationarity of data were corrected by integrating the trending series. Results from the empirical analysis provide strong evidence indicating that agriculture is an engine of economic growth. The results from this study suggest that spending more on agricultural research and development can improve economic growth and ultimately reduce poverty. However, it can also be concluded that insufficient government agricultural expenditure on extension and credit assistance adversely affected economic growth in Zimbabwe, based on the results of the study. Global experience with pro-poor growth and empirical work spanning India, Benin and Malawi demonstrates the importance of agricultural expenditure for poverty reduction in poor rural areas, while also pointing to the need for complementary non farm sector growth. This study also proposes a simple methodology to estimate the agricultural spending that will be required to achieve the Millennium Development Goal of halving poverty by 2015 (MDG1) in Zimbabwe. This method uses growth poverty and growth expenditure elasticities to estimate the financial resources required to meet the MDG1. The study attempts to address a key knowledge gap by improving estimation of first MDG agricultural expenditure at country level.
- Full Text:
- Date Issued: 2012
- Authors: Mapfumo, Alexander
- Date: 2012
- Subjects: Agriculture -- Research -- Zimbabwe , Agricultural extension work -- Zimbabwe , Agricultural development projects -- Zimbabwe , Poverty -- Zimbabwe , Economic development -- Zimbabwe , Agricultural services -- Zimbabwe , Agricultural credit -- Zimbabwe
- Language: English
- Type: Thesis , Masters , MSc Agric (Agricultural Economics)
- Identifier: vital:11155 , http://hdl.handle.net/10353/422 , Agriculture -- Research -- Zimbabwe , Agricultural extension work -- Zimbabwe , Agricultural development projects -- Zimbabwe , Poverty -- Zimbabwe , Economic development -- Zimbabwe , Agricultural services -- Zimbabwe , Agricultural credit -- Zimbabwe
- Description: A vibrant and an efficient agricultural sector would enable a country to feed its growing population, generate employment, earn foreign exchange and provide raw materials for industries. The agricultural sector has a multiplier effect on any nation's socio-economic and industrial fabric because of the multifunctional nature of agriculture. The main objective of this study was to investigate how government expenditure on agriculture has affected economic growth in Zimbabwe from 1980-2009. The Log linear growth regression model was employed where gross domestic gross was the dependant variable and the explanatory variables are the factors which affect it which include government agricultural expenditure. The expenditures of government on agriculture were divided into three functions namely extension, credit assistance and R & D. The regression analyses were performed using Econometric-views 7 (E-views 7) statistical package. Regression was carried out on time series data for the period 1980 to 2009. The data was tested for stationarity and for autocorrelation. Problems of non stationarity of data were corrected by integrating the trending series. Results from the empirical analysis provide strong evidence indicating that agriculture is an engine of economic growth. The results from this study suggest that spending more on agricultural research and development can improve economic growth and ultimately reduce poverty. However, it can also be concluded that insufficient government agricultural expenditure on extension and credit assistance adversely affected economic growth in Zimbabwe, based on the results of the study. Global experience with pro-poor growth and empirical work spanning India, Benin and Malawi demonstrates the importance of agricultural expenditure for poverty reduction in poor rural areas, while also pointing to the need for complementary non farm sector growth. This study also proposes a simple methodology to estimate the agricultural spending that will be required to achieve the Millennium Development Goal of halving poverty by 2015 (MDG1) in Zimbabwe. This method uses growth poverty and growth expenditure elasticities to estimate the financial resources required to meet the MDG1. The study attempts to address a key knowledge gap by improving estimation of first MDG agricultural expenditure at country level.
- Full Text:
- Date Issued: 2012
An analysis of pacing and sequencing of reading instruction in three grade 1 classrooms where isiXhosa is the language of learning and teaching
- Authors: Masola, Athambile
- Date: 2012
- Subjects: Reading (Elementary) -- Study and teaching -- Foreign speakers -- Research -- South Africa Literacy -- Education (Primary) -- Research -- South Africa English language -- Study and teaching -- South Africa -- Foreign speakers
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: vital:1420 , http://hdl.handle.net/10962/d1003301
- Description: Reading development in the Foundation Phase (FP) is central to children’s success as they progress through school. However, evaluations in South Africa such as the Annual National Assessments (ANAs) and the Progress in International Reading Literacy Study (PIRLS) (2006) show that reading achievement in the Foundation Phase is low, especially for children learning with African languages as their home language. This thesis examines pacing and sequencing in three Grade 1 literacy classes where isiXhosa is the language of learning and teaching (LOLT). The research took the form of a case study, focusing on the teachers’ classroom practice and how they understand their practice. Documents related to reading development in the Foundation Phase are analysed with regard to pacing and sequencing, examining how the curriculum frames literacy for teachers in the Foundation Phase. The teachers’ understanding in relation to their social context is also an important part of this research. In the thesis the way in which the teachers sequence and pace learning is analysed, drawing on Bernstein’s notions of internal and external framing, and Bourdieu’s notion of the habitus. The intended curriculum and the implemented curriculum are then compared. The results confirm that in low socio‐economic status (SES) schools, the level of poverty has an impact on teaching practice. The results also show that pacing and sequencing are reliant on the degree of planning amongst teachers. The level of development amongst learners also plays a role in how teachers organise their practice in order to differentiate the teaching of reading for all learners. The understanding that teachers have about their teaching practice are layered and influenced by their experiences, history and memories as teachers. The thesis concludes that there is a need to develop teachers’ understanding of planning and organising the teaching of reading, especially when the learners are from poor communities and do not get support in the home. In order for teachers to improve their practice, it is important for them to have the opportunity to reflect on and understand their practice.
- Full Text:
- Date Issued: 2012
- Authors: Masola, Athambile
- Date: 2012
- Subjects: Reading (Elementary) -- Study and teaching -- Foreign speakers -- Research -- South Africa Literacy -- Education (Primary) -- Research -- South Africa English language -- Study and teaching -- South Africa -- Foreign speakers
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: vital:1420 , http://hdl.handle.net/10962/d1003301
- Description: Reading development in the Foundation Phase (FP) is central to children’s success as they progress through school. However, evaluations in South Africa such as the Annual National Assessments (ANAs) and the Progress in International Reading Literacy Study (PIRLS) (2006) show that reading achievement in the Foundation Phase is low, especially for children learning with African languages as their home language. This thesis examines pacing and sequencing in three Grade 1 literacy classes where isiXhosa is the language of learning and teaching (LOLT). The research took the form of a case study, focusing on the teachers’ classroom practice and how they understand their practice. Documents related to reading development in the Foundation Phase are analysed with regard to pacing and sequencing, examining how the curriculum frames literacy for teachers in the Foundation Phase. The teachers’ understanding in relation to their social context is also an important part of this research. In the thesis the way in which the teachers sequence and pace learning is analysed, drawing on Bernstein’s notions of internal and external framing, and Bourdieu’s notion of the habitus. The intended curriculum and the implemented curriculum are then compared. The results confirm that in low socio‐economic status (SES) schools, the level of poverty has an impact on teaching practice. The results also show that pacing and sequencing are reliant on the degree of planning amongst teachers. The level of development amongst learners also plays a role in how teachers organise their practice in order to differentiate the teaching of reading for all learners. The understanding that teachers have about their teaching practice are layered and influenced by their experiences, history and memories as teachers. The thesis concludes that there is a need to develop teachers’ understanding of planning and organising the teaching of reading, especially when the learners are from poor communities and do not get support in the home. In order for teachers to improve their practice, it is important for them to have the opportunity to reflect on and understand their practice.
- Full Text:
- Date Issued: 2012
An analysis of the determinants and recent decline of private savings in South Africa
- Authors: Linde, Kathryn Leigh
- Date: 2012
- Subjects: Saving and investment -- Research -- South Africa Finance, Personal -- Research -- South Africa Corporations -- Finance -- Research -- South Africa Economic development -- Research -- South Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1007 , http://hdl.handle.net/10962/d1002742
- Description: Low domestic saving rates make South Africa highly dependent on foreign capital inflows to fund higher investment levels. These inflows are highly volatile and may prove to be unsustainable in the long-run. This study analyses the determinants of private saving in South Africa, with specific reference to the decline in private saving rates that occurred at a time of higher economic growth prior to the 2008 global financial crisis. The Johansen cointegration method is used to estimate separate vector error correction models (VECM) in order to assess the effect of specific variables on both corporate and household saving. The results obtained that are common to both corporate and household savmg show that the govemment budget balance negatively impacts private saving rates though the offset is less than one. The real prime overdraft rate positively impacts private saving, although the result is small . The impact of real Gross Domestic Product (GDP) is positive. In recent years, however, private saving rates fell alongside higher economic growth, which may reflect a structural change in corporate saving behaviour. The results distinct to the corporate saving model show that commodity prices have a negative impact on corporate saving. This does not conform to a priori expectations, but is supported by the behaviour of these two variables in recent years. Foreign savings were found to impact negatively on corporate saving. This result is important, since the dependence of the South African economy on foreign capital inflows to fund higher investment levels is reflected by high current account deficits during recent periods of economic growth. Evidence of financial liberalization negatively impacting on private saving in South Africa due to the removal of borrowing constraints was found. A negative relationship was found between corporate saving and investment demonstrating that corporations have reduced levels of retained eamings for funding investment expenditures. The results distinct to the household saving model provide evidence of a negative wealth effect in South Africa, with rising housing wealth found to increase consumption. Evidence of households "piercing the corporate veil" in South Africa was found. Therefore, households view corporate saving behaviour as essentially being conducted on their behalf. This finding and the finding that the offset between the budget deficit and private saving is less than one suggest that counter-cyclical fiscal policy will be an important policy response for achieving higher domestic saving rates in South Africa.
- Full Text:
- Date Issued: 2012
- Authors: Linde, Kathryn Leigh
- Date: 2012
- Subjects: Saving and investment -- Research -- South Africa Finance, Personal -- Research -- South Africa Corporations -- Finance -- Research -- South Africa Economic development -- Research -- South Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1007 , http://hdl.handle.net/10962/d1002742
- Description: Low domestic saving rates make South Africa highly dependent on foreign capital inflows to fund higher investment levels. These inflows are highly volatile and may prove to be unsustainable in the long-run. This study analyses the determinants of private saving in South Africa, with specific reference to the decline in private saving rates that occurred at a time of higher economic growth prior to the 2008 global financial crisis. The Johansen cointegration method is used to estimate separate vector error correction models (VECM) in order to assess the effect of specific variables on both corporate and household saving. The results obtained that are common to both corporate and household savmg show that the govemment budget balance negatively impacts private saving rates though the offset is less than one. The real prime overdraft rate positively impacts private saving, although the result is small . The impact of real Gross Domestic Product (GDP) is positive. In recent years, however, private saving rates fell alongside higher economic growth, which may reflect a structural change in corporate saving behaviour. The results distinct to the corporate saving model show that commodity prices have a negative impact on corporate saving. This does not conform to a priori expectations, but is supported by the behaviour of these two variables in recent years. Foreign savings were found to impact negatively on corporate saving. This result is important, since the dependence of the South African economy on foreign capital inflows to fund higher investment levels is reflected by high current account deficits during recent periods of economic growth. Evidence of financial liberalization negatively impacting on private saving in South Africa due to the removal of borrowing constraints was found. A negative relationship was found between corporate saving and investment demonstrating that corporations have reduced levels of retained eamings for funding investment expenditures. The results distinct to the household saving model provide evidence of a negative wealth effect in South Africa, with rising housing wealth found to increase consumption. Evidence of households "piercing the corporate veil" in South Africa was found. Therefore, households view corporate saving behaviour as essentially being conducted on their behalf. This finding and the finding that the offset between the budget deficit and private saving is less than one suggest that counter-cyclical fiscal policy will be an important policy response for achieving higher domestic saving rates in South Africa.
- Full Text:
- Date Issued: 2012
An analysis of the financing mechanisms proposed for funding national health insurance in South Africa
- Authors: Stevens, Nicol Susan
- Date: 2012
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:888 , http://hdl.handle.net/10962/d1001642
- Description: In the 2011 Budget Speech, the Minister of Finance announced that South Africa would be introducing National Health Insurance. The Minister described the financing mechanisms under consideration for funding National Health Insurance. The Minister also referred to eight countries, namely Japan, South Korea, Taiwan, Chile, Colombia, Mexico, Thailand and Vietnam as examples of countries which had successfully implemented universal health coverage. These countries were selected for the purpose of the present research. The goal of this study was to analyse the health care financing mechanisms under consideration in South Africa to determine if they were in line with international trends and "best practice" in relation to South Africa's economic profile. To determine whether the economic situation in South Africa is comparable to the eight countries selected for the research, a high-level comparison was made of the economic profile of South Africa and the eight countries, based on certain demographic, macro-economic, health expenditure and health status indicators. The health care financing mechanisms used in the eight countries was also analysed. International trends suggested that health care should be financed primarily through pre-payment systems, that financing mechanisms should preferably be progressive in nature and that a large share of funding should be from government sources (albeit shared between general tax revenue and specific health care contributions). The financing mechanisms under consideration in South Africa reflect these norms. The health systems in the eight countries analysed all exhibited elements of "good performance" and also complied, to a large extent, with international trends, but the frnancing models used for funding health care in the eight countries were country-specific and could therefore not be compared directly or used to recommend a system for South Africa. Areas not addressed by this thesis include the implications of a centralised healthcare system, the implications of a single-payer system, the benefit package to be offered and its cost implications, the role of private healthcare providers and how the significant human resource scarcity and infrastructure backlogs will be addressed.
- Full Text:
- Date Issued: 2012
- Authors: Stevens, Nicol Susan
- Date: 2012
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:888 , http://hdl.handle.net/10962/d1001642
- Description: In the 2011 Budget Speech, the Minister of Finance announced that South Africa would be introducing National Health Insurance. The Minister described the financing mechanisms under consideration for funding National Health Insurance. The Minister also referred to eight countries, namely Japan, South Korea, Taiwan, Chile, Colombia, Mexico, Thailand and Vietnam as examples of countries which had successfully implemented universal health coverage. These countries were selected for the purpose of the present research. The goal of this study was to analyse the health care financing mechanisms under consideration in South Africa to determine if they were in line with international trends and "best practice" in relation to South Africa's economic profile. To determine whether the economic situation in South Africa is comparable to the eight countries selected for the research, a high-level comparison was made of the economic profile of South Africa and the eight countries, based on certain demographic, macro-economic, health expenditure and health status indicators. The health care financing mechanisms used in the eight countries was also analysed. International trends suggested that health care should be financed primarily through pre-payment systems, that financing mechanisms should preferably be progressive in nature and that a large share of funding should be from government sources (albeit shared between general tax revenue and specific health care contributions). The financing mechanisms under consideration in South Africa reflect these norms. The health systems in the eight countries analysed all exhibited elements of "good performance" and also complied, to a large extent, with international trends, but the frnancing models used for funding health care in the eight countries were country-specific and could therefore not be compared directly or used to recommend a system for South Africa. Areas not addressed by this thesis include the implications of a centralised healthcare system, the implications of a single-payer system, the benefit package to be offered and its cost implications, the role of private healthcare providers and how the significant human resource scarcity and infrastructure backlogs will be addressed.
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- Date Issued: 2012
An analysis of the impact of tax changes between 1996 and 2012 on the tax burden of individuals in South Africa
- Authors: Krug, Lee
- Date: 2012
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:885 , http://hdl.handle.net/10962/d1001639
- Description: The objective of the research was to determine whether the changes made to the Income Tax Act, 58 of 1962 between 1996 and 2012, in respect of fringe benefits, allowances, deductions, tax tables and rebates, where these changes apply to individuals, have resulted in relieving the tax burden placed on individuals in South Africa. The research was conducted by means of a critical analysis of documentary data with specific reference to the Income Tax Act, annual amendments to the Income Tax Act, statistics relating to tax collections, the National Budget and the Annual Budget Speeches as tabled by the Minister of Finance. These sources were utilised to analyse the amendments to the Act that have taken place over the last sixteen years, where they impact on the tax liability of an individual. A hypothetical example incorporating all the variables identified in the analysis of the tax amendments was used to provide a detailed analysis of the tax payable by an individual on an inflation-adjusted year-on-year basis. The research found that, whilst personal income tax is still the largest contributor to the national budget of South Africa, its contribution has decreased from 40.2 percent in 1996 to 34.3 percent in 2010. This decrease is partly attributable to the extensive tax reforms undertaken by Government with respect to the tax tables, resulting in a reduction in the marginal tax rates and increased tax rebates which had the effect that the individual taxpayer (as illustrated in the hypothetical example) experienced a decrease in the average rate of tax. In contrast to this, the increase in the taxable income of the hypothetical taxpayer exceeded the average rate of inflation over the period. Furthermore, the actual revenue collected by the government from personal income tax has increased by approximately eleven percent per annum, which far exceeds the average inflation rate of 6.23 percent. The research indicated that this could be the result of the increase in the taxable value of fringe benefits, specifically medical aid contributions and company cars, as well as the inclusion of the full amount of allowances in taxable income and the limits placed on the deductions an individual may claim. The result is a broadening of the tax base of the individual taxpayer. Therefore, although the government may have achieved its goal of a fairer tax system, the amendments made to fringe benefits, allowances and deductions have resulted in an increase in the average taxable income of individuals.
- Full Text:
- Date Issued: 2012
- Authors: Krug, Lee
- Date: 2012
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:885 , http://hdl.handle.net/10962/d1001639
- Description: The objective of the research was to determine whether the changes made to the Income Tax Act, 58 of 1962 between 1996 and 2012, in respect of fringe benefits, allowances, deductions, tax tables and rebates, where these changes apply to individuals, have resulted in relieving the tax burden placed on individuals in South Africa. The research was conducted by means of a critical analysis of documentary data with specific reference to the Income Tax Act, annual amendments to the Income Tax Act, statistics relating to tax collections, the National Budget and the Annual Budget Speeches as tabled by the Minister of Finance. These sources were utilised to analyse the amendments to the Act that have taken place over the last sixteen years, where they impact on the tax liability of an individual. A hypothetical example incorporating all the variables identified in the analysis of the tax amendments was used to provide a detailed analysis of the tax payable by an individual on an inflation-adjusted year-on-year basis. The research found that, whilst personal income tax is still the largest contributor to the national budget of South Africa, its contribution has decreased from 40.2 percent in 1996 to 34.3 percent in 2010. This decrease is partly attributable to the extensive tax reforms undertaken by Government with respect to the tax tables, resulting in a reduction in the marginal tax rates and increased tax rebates which had the effect that the individual taxpayer (as illustrated in the hypothetical example) experienced a decrease in the average rate of tax. In contrast to this, the increase in the taxable income of the hypothetical taxpayer exceeded the average rate of inflation over the period. Furthermore, the actual revenue collected by the government from personal income tax has increased by approximately eleven percent per annum, which far exceeds the average inflation rate of 6.23 percent. The research indicated that this could be the result of the increase in the taxable value of fringe benefits, specifically medical aid contributions and company cars, as well as the inclusion of the full amount of allowances in taxable income and the limits placed on the deductions an individual may claim. The result is a broadening of the tax base of the individual taxpayer. Therefore, although the government may have achieved its goal of a fairer tax system, the amendments made to fringe benefits, allowances and deductions have resulted in an increase in the average taxable income of individuals.
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- Date Issued: 2012
An analysis of the judicial approach to the interpretation of tax avoidance legislation in South Africa
- Authors: Ogula, Diana Khabale
- Date: 2012
- Subjects: Tax planning -- South Africa , Income tax --Law and legislation -- South Africa
- Language: English
- Type: Thesis , Masters , LLM
- Identifier: vital:10284 , http://hdl.handle.net/10948/d1012093 , Tax planning -- South Africa , Income tax --Law and legislation -- South Africa
- Description: Tax evasion and avoidance costs South Africa billions of rand each year. This treatise examines the judiciary’s view and/or attitude to the dividing line between legitimate and illegitimate tax avoidance. It seeks to find out how South African courts have ultimately dealt with the old GAAR section 103(1). The treatise seeks to establish the role that the judiciary plays in tax avoidance and whether it has been pro-fiscus or pro-taxpayer in its deliberations of tax avoidance cases. The treatise focuses specifically on the judicial responses to the General Anti-avoidance Rule Section 103 of the Income Tax Act No. 58 of 1962. In order to show the judicial approaches and/or responses to tax avoidance in South Africa, a selection of income tax cases have been used to illustrate how the judges have interpreted the GAAR and whether they have been sympathetic to the tax payer or to the fiscus. The cases used in this study stem from the old GAAR section 103. There have not been important cases dealing with the new GAAR section 80A to 80L of the Income Tax Act. In the final analysis of this research it would seem that the effectiveness and scope of the GAAR depends ultimately on its interpretation by the courts. Many of the cases that have been decided under section 103 (1) have provided disappointing outcomes for SARS. However it is noteworthy that the courts which were previously taking a restrictive approach and were pro-taxpayer in their deliberations are beginning to take a different approach and are gallant in their interpretation of the GAAR. Judges are slowly abandoning the long standing judicial approach which was that taxpayers are entitled to arrange their affairs in any legal way in order to minimize their tax and are going further and examining the real substance and purpose of the transactions entered into by taxpayers as opposed to the form of the transactions. The Supreme Court of Appeal has now set a precedent which goes deeper and examines the true intention of parties in entering into transactions and does not tie itself to labels that parties have attached to their transactions. This recent judicial attitude and zeal exhibited by the courts will without a doubt hinder tax avoidance activity and strengthen the effectiveness and scope of the new GAAR sections 80A to 80L.
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- Date Issued: 2012
- Authors: Ogula, Diana Khabale
- Date: 2012
- Subjects: Tax planning -- South Africa , Income tax --Law and legislation -- South Africa
- Language: English
- Type: Thesis , Masters , LLM
- Identifier: vital:10284 , http://hdl.handle.net/10948/d1012093 , Tax planning -- South Africa , Income tax --Law and legislation -- South Africa
- Description: Tax evasion and avoidance costs South Africa billions of rand each year. This treatise examines the judiciary’s view and/or attitude to the dividing line between legitimate and illegitimate tax avoidance. It seeks to find out how South African courts have ultimately dealt with the old GAAR section 103(1). The treatise seeks to establish the role that the judiciary plays in tax avoidance and whether it has been pro-fiscus or pro-taxpayer in its deliberations of tax avoidance cases. The treatise focuses specifically on the judicial responses to the General Anti-avoidance Rule Section 103 of the Income Tax Act No. 58 of 1962. In order to show the judicial approaches and/or responses to tax avoidance in South Africa, a selection of income tax cases have been used to illustrate how the judges have interpreted the GAAR and whether they have been sympathetic to the tax payer or to the fiscus. The cases used in this study stem from the old GAAR section 103. There have not been important cases dealing with the new GAAR section 80A to 80L of the Income Tax Act. In the final analysis of this research it would seem that the effectiveness and scope of the GAAR depends ultimately on its interpretation by the courts. Many of the cases that have been decided under section 103 (1) have provided disappointing outcomes for SARS. However it is noteworthy that the courts which were previously taking a restrictive approach and were pro-taxpayer in their deliberations are beginning to take a different approach and are gallant in their interpretation of the GAAR. Judges are slowly abandoning the long standing judicial approach which was that taxpayers are entitled to arrange their affairs in any legal way in order to minimize their tax and are going further and examining the real substance and purpose of the transactions entered into by taxpayers as opposed to the form of the transactions. The Supreme Court of Appeal has now set a precedent which goes deeper and examines the true intention of parties in entering into transactions and does not tie itself to labels that parties have attached to their transactions. This recent judicial attitude and zeal exhibited by the courts will without a doubt hinder tax avoidance activity and strengthen the effectiveness and scope of the new GAAR sections 80A to 80L.
- Full Text:
- Date Issued: 2012
An analysis of the Libor and Swap market models for pricing interest-rate derivatives
- Authors: Mutengwa, Tafadzwa Isaac
- Date: 2012
- Subjects: LIBOR market model , Monte Carlo method , Interest rates -- Mathematical models , Derivative securities
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:5573 , http://hdl.handle.net/10962/d1005535
- Description: This thesis focuses on the non-arbitrage (fair) pricing of interest rate derivatives, in particular caplets and swaptions using the LIBOR market model (LMM) developed by Brace, Gatarek, and Musiela (1997) and Swap market model (SMM) developed Jamshidan (1997), respectively. Today, in most financial markets, interest rate derivatives are priced using the renowned Black-Scholes formula developed by Black and Scholes (1973). We present new pricing models for caplets and swaptions, which can be implemented in the financial market other than the Black-Scholes model. We theoretically construct these "new market models" and then test their practical aspects. We show that the dynamics of the LMM imply a pricing formula for caplets that has the same structure as the Black-Scholes pricing formula for a caplet that is used by market practitioners. For the SMM we also theoretically construct an arbitrage-free interest rate model that implies a pricing formula for swaptions that has the same structure as the Black-Scholes pricing formula for swaptions. We empirically compare the pricing performance of the LMM against the Black-Scholes for pricing caplets using Monte Carlo methods.
- Full Text:
- Date Issued: 2012
- Authors: Mutengwa, Tafadzwa Isaac
- Date: 2012
- Subjects: LIBOR market model , Monte Carlo method , Interest rates -- Mathematical models , Derivative securities
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:5573 , http://hdl.handle.net/10962/d1005535
- Description: This thesis focuses on the non-arbitrage (fair) pricing of interest rate derivatives, in particular caplets and swaptions using the LIBOR market model (LMM) developed by Brace, Gatarek, and Musiela (1997) and Swap market model (SMM) developed Jamshidan (1997), respectively. Today, in most financial markets, interest rate derivatives are priced using the renowned Black-Scholes formula developed by Black and Scholes (1973). We present new pricing models for caplets and swaptions, which can be implemented in the financial market other than the Black-Scholes model. We theoretically construct these "new market models" and then test their practical aspects. We show that the dynamics of the LMM imply a pricing formula for caplets that has the same structure as the Black-Scholes pricing formula for a caplet that is used by market practitioners. For the SMM we also theoretically construct an arbitrage-free interest rate model that implies a pricing formula for swaptions that has the same structure as the Black-Scholes pricing formula for swaptions. We empirically compare the pricing performance of the LMM against the Black-Scholes for pricing caplets using Monte Carlo methods.
- Full Text:
- Date Issued: 2012
An analysis of the liquidity positions of South African companies by means of traditional liquidity and cash flow ratios
- Authors: Kemp, Renier
- Date: 2012
- Subjects: Liquidity (Economics) , Cash flow -- South Africa
- Language: English
- Type: Thesis , Masters , MTech
- Identifier: vital:8942 , http://hdl.handle.net/10948/d1010599 , Liquidity (Economics) , Cash flow -- South Africa
- Description: The first objective of the study is to determine the differences that exist between the two classes of ratios used to measure liquidity of a business entity. A comparison will then be made between these liquidity ratios. The second objective is to illustrate that cash flow ratios are a better indication of liquidity of an entity than the traditional ratios. The traditional and cash flow ratios will illustrate the position of liquidity with information utilised from the various bankrupt companies’ financial statements, including the statement of financial position and statement of cash flows. Four years’ financial statement data will be used to illustrate the deteriorating liquidity positions of the companies.
- Full Text:
- Date Issued: 2012
- Authors: Kemp, Renier
- Date: 2012
- Subjects: Liquidity (Economics) , Cash flow -- South Africa
- Language: English
- Type: Thesis , Masters , MTech
- Identifier: vital:8942 , http://hdl.handle.net/10948/d1010599 , Liquidity (Economics) , Cash flow -- South Africa
- Description: The first objective of the study is to determine the differences that exist between the two classes of ratios used to measure liquidity of a business entity. A comparison will then be made between these liquidity ratios. The second objective is to illustrate that cash flow ratios are a better indication of liquidity of an entity than the traditional ratios. The traditional and cash flow ratios will illustrate the position of liquidity with information utilised from the various bankrupt companies’ financial statements, including the statement of financial position and statement of cash flows. Four years’ financial statement data will be used to illustrate the deteriorating liquidity positions of the companies.
- Full Text:
- Date Issued: 2012