Challenges and opportunities of coastal and marine tourism in Swartkops river estuary
- Authors: Nokela, Thembela
- Date: 2023-04
- Subjects: Marine Protected Area , Ocean economy
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/62286 , vital:72370
- Description: This study's goal was to pinpoint the challenges and untapped opportunities associated with Coastal and Marine Tourism (CMT) in the Swartkops River Estuary (SRE). CMT has become the biggest segment of the travel industry. Moreover, this form of alternative tourism is the most significant and fastest developing economic activity in the ocean. The objectives of this study were to identify the challenges that hinder the development of CMT in SRE, to determine opportunities for CMT in SRE, to evaluate NMBM’s efforts in creating and sustaining CMT in SRE and to evaluate the status of CMT in SRE in terms of CMT related development. This study fit within the interprevist paradigm and made use of a qualitative research approach and design as well as inductive reasoning. The qualitative research design consisted of data being collected through document and content analysis. Data was analysed using data analysis process of Miles and Herman (1994) as well as the coding and developing of specific themes that emerged from the data. The data in this phase was presented both in narrative format and tables. The document analysis used in this study was established based on the objectives of this study. The findings of this study revealed that key challenges that hinder the growth of CMT in Swartkops River Estuary are environmental impacts that include pollution, over-enrichment, inappropriate development, overfishing, destruction of mudflats, limited freshwater inflow, destruction of vegetation and climate change. The findings also revealed that there are opportunities for CMT in SRE such as promoting SRE as a popular ecotourism destination by developing ecotourism nodes. These include environmental education at the Aloes Nature Reserve's and the Swartkops Estuary south-east section, sustainable ecolodges and conference centres. The study recommends that the Nelson Mandela Bay Municipality should organize educational xv programmes to educate local people about the significance of conserving and safeguarding the environment for future generations. These findings also posed certain challenges linked to those identified in the analysis. It is recommended that local communities are urged to take an active role in CMT and should regard CMT as a vital development sector that produces jobs. The study also recommends that the community can also develop local campaigns such clean ups, challenging the efficiency of environmental policies and participating dialogues to help alleviate the environmental impacts faced by SRE , Thesis (Ma) -- Faculty of Faculty of Business and Economic Sciences, 2023
- Full Text:
- Date Issued: 2023-04
- Authors: Nokela, Thembela
- Date: 2023-04
- Subjects: Marine Protected Area , Ocean economy
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/62286 , vital:72370
- Description: This study's goal was to pinpoint the challenges and untapped opportunities associated with Coastal and Marine Tourism (CMT) in the Swartkops River Estuary (SRE). CMT has become the biggest segment of the travel industry. Moreover, this form of alternative tourism is the most significant and fastest developing economic activity in the ocean. The objectives of this study were to identify the challenges that hinder the development of CMT in SRE, to determine opportunities for CMT in SRE, to evaluate NMBM’s efforts in creating and sustaining CMT in SRE and to evaluate the status of CMT in SRE in terms of CMT related development. This study fit within the interprevist paradigm and made use of a qualitative research approach and design as well as inductive reasoning. The qualitative research design consisted of data being collected through document and content analysis. Data was analysed using data analysis process of Miles and Herman (1994) as well as the coding and developing of specific themes that emerged from the data. The data in this phase was presented both in narrative format and tables. The document analysis used in this study was established based on the objectives of this study. The findings of this study revealed that key challenges that hinder the growth of CMT in Swartkops River Estuary are environmental impacts that include pollution, over-enrichment, inappropriate development, overfishing, destruction of mudflats, limited freshwater inflow, destruction of vegetation and climate change. The findings also revealed that there are opportunities for CMT in SRE such as promoting SRE as a popular ecotourism destination by developing ecotourism nodes. These include environmental education at the Aloes Nature Reserve's and the Swartkops Estuary south-east section, sustainable ecolodges and conference centres. The study recommends that the Nelson Mandela Bay Municipality should organize educational xv programmes to educate local people about the significance of conserving and safeguarding the environment for future generations. These findings also posed certain challenges linked to those identified in the analysis. It is recommended that local communities are urged to take an active role in CMT and should regard CMT as a vital development sector that produces jobs. The study also recommends that the community can also develop local campaigns such clean ups, challenging the efficiency of environmental policies and participating dialogues to help alleviate the environmental impacts faced by SRE , Thesis (Ma) -- Faculty of Faculty of Business and Economic Sciences, 2023
- Full Text:
- Date Issued: 2023-04
Investigating financing options for business success
- Authors: Vena, Sindile
- Date: 2021-04
- Subjects: Gqeberha (South Africa) , Eastern Cape (South Africa) , South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/53002 , vital:44908
- Description: The study sought to examine the extent to which the financing options chosen by entrepreneurs will have an impact on business success. The investigator adopted the progression of the ventures along the business life cycle stages as a benchmark for assessing success. The study focused primarily on small, medium and micro enterprises (SMMEs) in the Eastern Cape Information Communication Technologies (ICT) sector. An empirical study, using an online survey was conducted amongst 50 small business owners/ business representative within the ICT sector in the Eastern Cape Province. Key results revealed that the financial support of Broad-Based Black Economic Empowerment (BBBEE) and personal savings have played a key role in the success of ICT SMMEs throughout the business life cycle phases. This occurs after an ICT SMME has advanced successfully over the startup stage and aims for success in the development phase. The empirical finding revealed that for these SMMEs to attain success at this stage, they should finance their business investment projects utilising financing and credit trade in the form of bank loans, families, relatives and friends. According to the empirical finding in chapter five, the abovementioned financing options are only substantially linked to good advancement from the development phase onto the expansion phase. In addition, suggestions have been made to the ICT SMME management to include BBBEE finance, personal savings, bank loans, families, relatives and friends and trade credit as suitable funding choices for the ICT SMME's life cycle. The recommendations made included that proponents of the BBBEE legislation underpinning the enterprise development and supplier development, should intentionally pressure the private sector to comply with this legislation, as compliance will increase the pool of capital available to SMMEs.The chances of receiving these forms of support would therefore improve the probabilites of sucess for ICT SMMEs. Moreover, personal financing is crucial to successful progress for ICT SMMEs along the business life cycle. It is recommended that startup owners should always exercise iv saving in their personal capacity. In the early stages, the owner's capital will still be valuable as "seed financing" for start-up businesses., when all the other options of external funding are not available. Moreover, SMMEs should continuously explore the other financing options, such as bank loans, families, relatives and friends and trade credit only when their business goals are achieving success at the development stage. The study calls upon academia to consider performing descriptive studies to look at these findings. Through setting a concise financing approach for SMMEs in the ICT sector, SMMEs may help to close the distance between themselves and access to various financing options and supportive organisations. , Thesis (MA) -- Faculty of Business and Economic Sciences, NMU Business School, 2021
- Full Text: false
- Date Issued: 2021-04
- Authors: Vena, Sindile
- Date: 2021-04
- Subjects: Gqeberha (South Africa) , Eastern Cape (South Africa) , South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/53002 , vital:44908
- Description: The study sought to examine the extent to which the financing options chosen by entrepreneurs will have an impact on business success. The investigator adopted the progression of the ventures along the business life cycle stages as a benchmark for assessing success. The study focused primarily on small, medium and micro enterprises (SMMEs) in the Eastern Cape Information Communication Technologies (ICT) sector. An empirical study, using an online survey was conducted amongst 50 small business owners/ business representative within the ICT sector in the Eastern Cape Province. Key results revealed that the financial support of Broad-Based Black Economic Empowerment (BBBEE) and personal savings have played a key role in the success of ICT SMMEs throughout the business life cycle phases. This occurs after an ICT SMME has advanced successfully over the startup stage and aims for success in the development phase. The empirical finding revealed that for these SMMEs to attain success at this stage, they should finance their business investment projects utilising financing and credit trade in the form of bank loans, families, relatives and friends. According to the empirical finding in chapter five, the abovementioned financing options are only substantially linked to good advancement from the development phase onto the expansion phase. In addition, suggestions have been made to the ICT SMME management to include BBBEE finance, personal savings, bank loans, families, relatives and friends and trade credit as suitable funding choices for the ICT SMME's life cycle. The recommendations made included that proponents of the BBBEE legislation underpinning the enterprise development and supplier development, should intentionally pressure the private sector to comply with this legislation, as compliance will increase the pool of capital available to SMMEs.The chances of receiving these forms of support would therefore improve the probabilites of sucess for ICT SMMEs. Moreover, personal financing is crucial to successful progress for ICT SMMEs along the business life cycle. It is recommended that startup owners should always exercise iv saving in their personal capacity. In the early stages, the owner's capital will still be valuable as "seed financing" for start-up businesses., when all the other options of external funding are not available. Moreover, SMMEs should continuously explore the other financing options, such as bank loans, families, relatives and friends and trade credit only when their business goals are achieving success at the development stage. The study calls upon academia to consider performing descriptive studies to look at these findings. Through setting a concise financing approach for SMMEs in the ICT sector, SMMEs may help to close the distance between themselves and access to various financing options and supportive organisations. , Thesis (MA) -- Faculty of Business and Economic Sciences, NMU Business School, 2021
- Full Text: false
- Date Issued: 2021-04
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