Exploring the South African taxi industry's value chain: the case of mini-bus taxi service in South Africa
- Authors: Mqikela, Luthando Khanya
- Date: 2019
- Subjects: Taxicabs -- Economic aspects -- South Africa , Transportation and state -- South Africa Transportation -- South Africa Taxicabs -- South Africa Taxicab drivers -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42364 , vital:36649
- Description: The mini-bus taxis commercial trading industry as a whole has characterised the relations between commuters and the public sector. The South African government is under pressure to create favourable working conditions for the mini-bus taxi drivers as they are an intergral part of the informal economy. The failure of the value chain's ability to regulate the mini-bus taxi industry has lead to investors shying away from investing in this sector. The onus is on government and mini-bus owners to play a more active role in ensuring favourable outcomes for local economies. For this initiative to be effective capable officials need to be deployed to fulfil this mandate. Given that government has traditionally not operated in the sphere of what is termed 'commercial diplpmacy', it is realised that a concerted effort be made to have a skilled and capable workforce that can function in both the commercial diplomacy in markets across the world. It is against the background sketched above that the South African government, along with the assistance of two prominent bodies, namely National Taxi Association and SANTACO sprearheading the initiative to regulate the mini-bus taxi industry, have created a conducive environment for the mini-bus taxi industry to remain relevant in the mordern economy. This paper uncovers some of the obstacles that limit the growth of the industry and highlights the various challenges the sector faces to leap forward to the future. The research was conducted using qualitative methods by interviewing various stakeholders in the value chain. The interviewees compromised customers using public transport, taxi drivers and subject matters expects. The interviews were conducted using recordings that were later transcribed in to filed notes. The various extracts of the interviews informed the themes emerging from the analysis of the research.
- Full Text: false
- Date Issued: 2019
- Authors: Mqikela, Luthando Khanya
- Date: 2019
- Subjects: Taxicabs -- Economic aspects -- South Africa , Transportation and state -- South Africa Transportation -- South Africa Taxicabs -- South Africa Taxicab drivers -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42364 , vital:36649
- Description: The mini-bus taxis commercial trading industry as a whole has characterised the relations between commuters and the public sector. The South African government is under pressure to create favourable working conditions for the mini-bus taxi drivers as they are an intergral part of the informal economy. The failure of the value chain's ability to regulate the mini-bus taxi industry has lead to investors shying away from investing in this sector. The onus is on government and mini-bus owners to play a more active role in ensuring favourable outcomes for local economies. For this initiative to be effective capable officials need to be deployed to fulfil this mandate. Given that government has traditionally not operated in the sphere of what is termed 'commercial diplpmacy', it is realised that a concerted effort be made to have a skilled and capable workforce that can function in both the commercial diplomacy in markets across the world. It is against the background sketched above that the South African government, along with the assistance of two prominent bodies, namely National Taxi Association and SANTACO sprearheading the initiative to regulate the mini-bus taxi industry, have created a conducive environment for the mini-bus taxi industry to remain relevant in the mordern economy. This paper uncovers some of the obstacles that limit the growth of the industry and highlights the various challenges the sector faces to leap forward to the future. The research was conducted using qualitative methods by interviewing various stakeholders in the value chain. The interviewees compromised customers using public transport, taxi drivers and subject matters expects. The interviews were conducted using recordings that were later transcribed in to filed notes. The various extracts of the interviews informed the themes emerging from the analysis of the research.
- Full Text: false
- Date Issued: 2019
Response of the IMF and the World Bank to the Great Recession and the Euro sovereign crisis in a globalising world
- Authors: Thibane, Tankiso Abel
- Date: 2018
- Subjects: Recessions Globalization
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/16142 , vital:28330
- Description: The International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD) now the World Bank, were created in the mid-1940s. The IMF was tasked to manage the post-war international monetary system, while the World Bank’s role during its early years was to provide development finance to war-torn Europe. These institutions reformed some of their roles to make them relevant to the globalising world over the years and also responded to several post-war crises. Since these two institutions carry out their roles in a globalising world, this study has revealed that globalisation has different interpretations as many researchers refer to the economic and non-economic explanations of its meaning. Globalisation is also a historical process as it traces back several years ago. Since approximately the mid-2000s, the global economy experienced two economic crises, namely the US sub-prime financial crisis that later became the Great Recession and the Euro sovereign crisis. The two economic crises spread to other countries globally that were interconnected into the global economy regarding international trade, investment and banking. These two crisis events required responses from the IMF and the World Bank. The two institutions displayed a variety of strengths and weaknesses in dealing with the recession and the Euro crisis. The lending of both these institutions has been their strength as they have managed to expand their lending capacity during the two crisis periods examined. The IMF’s crisis intervention time frames have also been its strength, as the speed in which it has approved financial assistance requests has been within reasonable time frames. The IMF’s new lending instruments have been its weakness, as the success of these instruments has not been fully tested so far. This is because of the little use of the IMF’s new lending instruments. The IMF’s crisis prevention efforts through the use of its surveillance tools have also been its flaw. This is based on the fact that it has failed to prevent the US financial crisis (later the Great Recession) and the Euro sovereign crisis. Overall, this study found that these institutions played a significant role in responding to the Great Recession and Euro sovereign crisis as their strengths outweigh their weaknesses. However, the weaknesses of the IMF confirm that it needs to reform its role and learn from its flaws in the future.
- Full Text:
- Date Issued: 2018
- Authors: Thibane, Tankiso Abel
- Date: 2018
- Subjects: Recessions Globalization
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/16142 , vital:28330
- Description: The International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD) now the World Bank, were created in the mid-1940s. The IMF was tasked to manage the post-war international monetary system, while the World Bank’s role during its early years was to provide development finance to war-torn Europe. These institutions reformed some of their roles to make them relevant to the globalising world over the years and also responded to several post-war crises. Since these two institutions carry out their roles in a globalising world, this study has revealed that globalisation has different interpretations as many researchers refer to the economic and non-economic explanations of its meaning. Globalisation is also a historical process as it traces back several years ago. Since approximately the mid-2000s, the global economy experienced two economic crises, namely the US sub-prime financial crisis that later became the Great Recession and the Euro sovereign crisis. The two economic crises spread to other countries globally that were interconnected into the global economy regarding international trade, investment and banking. These two crisis events required responses from the IMF and the World Bank. The two institutions displayed a variety of strengths and weaknesses in dealing with the recession and the Euro crisis. The lending of both these institutions has been their strength as they have managed to expand their lending capacity during the two crisis periods examined. The IMF’s crisis intervention time frames have also been its strength, as the speed in which it has approved financial assistance requests has been within reasonable time frames. The IMF’s new lending instruments have been its weakness, as the success of these instruments has not been fully tested so far. This is because of the little use of the IMF’s new lending instruments. The IMF’s crisis prevention efforts through the use of its surveillance tools have also been its flaw. This is based on the fact that it has failed to prevent the US financial crisis (later the Great Recession) and the Euro sovereign crisis. Overall, this study found that these institutions played a significant role in responding to the Great Recession and Euro sovereign crisis as their strengths outweigh their weaknesses. However, the weaknesses of the IMF confirm that it needs to reform its role and learn from its flaws in the future.
- Full Text:
- Date Issued: 2018
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