Analysis of corporate failures: a case study of two South African banks
- Mqomboti, Xitshembiso Pronacia
- Authors: Mqomboti, Xitshembiso Pronacia
- Date: 2023-02
- Subjects: Business failures South Africa , Corporate governance South Africa , Risk management , Operational risk , Business ethics , Bank management South Africa , Banks and banking South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419151 , vital:71620
- Description: This study analysed the factors that contributed to the failure of Venda Building Society Mutual Bank (VBS) and African Bank Limited and the impact it had on their key stakeholders. The specific objectives of this study were to evaluate African Bank and VBS bank's operational risk management processes and controls, the role of ethical failures at VBS bank and African Bank; and assess how the failures affected their stakeholders. The population sample of the study included African Bank and VBS. The study adopted a qualitative research method. Existing reports from both African Bank and VBS were used to collect data. The study adopted a thematic data analysis method, which includes data coding and the development of themes. The data analysis framework was derived from a defined set of research propositions and seven (7) themes were derived from this analysis method. The failure in operational controls of both banks and ineffective risk management structures including unethical conduct by the executive management and board of VBS bank, irregular financial transactions and weakened external auditing function resulted in an unaccountable executive relationship and reckless lending decision-making. This research study will expand on the existing body of knowledge on the failures and near-failures of banks in the South African banking sector. The South African banking industry and its regulatory bodies will be better equipped to strengthen their corporate governance in risk controls to mitigate future collapses and near collapses of banks. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2023
- Full Text:
- Date Issued: 2023-02
- Authors: Mqomboti, Xitshembiso Pronacia
- Date: 2023-02
- Subjects: Business failures South Africa , Corporate governance South Africa , Risk management , Operational risk , Business ethics , Bank management South Africa , Banks and banking South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419151 , vital:71620
- Description: This study analysed the factors that contributed to the failure of Venda Building Society Mutual Bank (VBS) and African Bank Limited and the impact it had on their key stakeholders. The specific objectives of this study were to evaluate African Bank and VBS bank's operational risk management processes and controls, the role of ethical failures at VBS bank and African Bank; and assess how the failures affected their stakeholders. The population sample of the study included African Bank and VBS. The study adopted a qualitative research method. Existing reports from both African Bank and VBS were used to collect data. The study adopted a thematic data analysis method, which includes data coding and the development of themes. The data analysis framework was derived from a defined set of research propositions and seven (7) themes were derived from this analysis method. The failure in operational controls of both banks and ineffective risk management structures including unethical conduct by the executive management and board of VBS bank, irregular financial transactions and weakened external auditing function resulted in an unaccountable executive relationship and reckless lending decision-making. This research study will expand on the existing body of knowledge on the failures and near-failures of banks in the South African banking sector. The South African banking industry and its regulatory bodies will be better equipped to strengthen their corporate governance in risk controls to mitigate future collapses and near collapses of banks. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2023
- Full Text:
- Date Issued: 2023-02
Design and development of mobile-based e-Marketing application for communal farmers in Eastern Cape. South Africa.
- Authors: Fatumo, Dare Ebenezer
- Date: 2023-02
- Subjects: Food security , Agriculture , Agriculture -- Technology transfer
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/27511 , vital:67421
- Description: The application of Information and Communication Technologies (ICT) in agriculture can augment farmers' production capabilities, this is a perception for all farmers worldwide, but there are some in communal areas who may not be as exposed to ICT tools as their commercial counterparts in urban areas, especially in developed communities. Food security in any society is a vital measure that should always be treated with high priority since humankind's existence is based on food availability. One major challenge with farmers in communal areas has been the marketing of their farm produce effectively to avoid wastage, get more value, and bridge the gap between themselves and urban commercial farmers. This challenge includes food wastage, untimely information, and market accessibility due to distance restraint. ICT can beused to bring a functional platform to assist this challenge. In this context, communal farmers have a challenge. The aim of this research was to design and develop an easy-to-use mobilebased e-marketing application for marketing farm products for communal farmers in Alice community, South Africa. Before design and development, review of challenges of farmers on the reception and communication of sensitive information pertaining to food security. Effective communication of farm produce baseline information on awareness and adaptation of mobile ICT technology of communal farmers was investigated. A mixed method was used through reviews of literature and as well distribution of questionnaires to get an understanding of the present state of communal farmers’ marketing problems. Furthermore, a prototyping methodology was used in the development of the mobile-based application for this research. The result of this research demonstrated the need for communal farmers to market their farm products at their convenience. An easy-to-use mobile-based e-market application was then developed; the application is an android application that will assist communal farmers in marketing their farm products as soon as they are available to avoid food wastage. The application performance and evaluation assessment indicated that the tool would maximize farm productivity and profitability and, facilitate concise and effective access to the market, as well as eliminate the need for an intermediary. , Thesis (MSci) -- Faculty of Science and Agriculture, 2023
- Full Text:
- Date Issued: 2023-02
- Authors: Fatumo, Dare Ebenezer
- Date: 2023-02
- Subjects: Food security , Agriculture , Agriculture -- Technology transfer
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/27511 , vital:67421
- Description: The application of Information and Communication Technologies (ICT) in agriculture can augment farmers' production capabilities, this is a perception for all farmers worldwide, but there are some in communal areas who may not be as exposed to ICT tools as their commercial counterparts in urban areas, especially in developed communities. Food security in any society is a vital measure that should always be treated with high priority since humankind's existence is based on food availability. One major challenge with farmers in communal areas has been the marketing of their farm produce effectively to avoid wastage, get more value, and bridge the gap between themselves and urban commercial farmers. This challenge includes food wastage, untimely information, and market accessibility due to distance restraint. ICT can beused to bring a functional platform to assist this challenge. In this context, communal farmers have a challenge. The aim of this research was to design and develop an easy-to-use mobilebased e-marketing application for marketing farm products for communal farmers in Alice community, South Africa. Before design and development, review of challenges of farmers on the reception and communication of sensitive information pertaining to food security. Effective communication of farm produce baseline information on awareness and adaptation of mobile ICT technology of communal farmers was investigated. A mixed method was used through reviews of literature and as well distribution of questionnaires to get an understanding of the present state of communal farmers’ marketing problems. Furthermore, a prototyping methodology was used in the development of the mobile-based application for this research. The result of this research demonstrated the need for communal farmers to market their farm products at their convenience. An easy-to-use mobile-based e-market application was then developed; the application is an android application that will assist communal farmers in marketing their farm products as soon as they are available to avoid food wastage. The application performance and evaluation assessment indicated that the tool would maximize farm productivity and profitability and, facilitate concise and effective access to the market, as well as eliminate the need for an intermediary. , Thesis (MSci) -- Faculty of Science and Agriculture, 2023
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- Date Issued: 2023-02
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