A critical analysis of Public Administration policies and strategies towards assisting child headed household, at Amathole District
- Authors: Gola, Nomathemba Leticia
- Date: 2014
- Language: English
- Type: Thesis , Masters , MPA
- Identifier: vital:11744 , http://hdl.handle.net/10353/d1018523
- Description: The purpose of this study was to critically analyze the impact of Public Policies towards assisting of child headed households with a special focus on those infected and affected by HIV/AIDS at Amathole District. The research was aimed at analyzing the impact, gaps and weaknesses of public Policies towards assisting these children and the challenges they experienced on surviving without an adult figure in their lives. The fieldwork exercise was extracted from desktop, documents, newspapers, publications, journals, public speeches departmental reports. The data was gathered using in-depth interviews. In-depth interviews were the most appropriate research method in this research since it is a means of eliciting relevant and valuable details to be raised in order to understand the coping/survival strategies of child headed households (CHHs). Findings indicate that the governments departments should work together to ascertain government objectives. Older siblings become caregivers to the younger sibling, and shoulder the burden of adopting survival strategies which include doing part time jobs, begging only to mention a few. The social grants and the foster grant also act as a safety net to child headed households.
- Full Text:
- Date Issued: 2014
- Authors: Gola, Nomathemba Leticia
- Date: 2014
- Language: English
- Type: Thesis , Masters , MPA
- Identifier: vital:11744 , http://hdl.handle.net/10353/d1018523
- Description: The purpose of this study was to critically analyze the impact of Public Policies towards assisting of child headed households with a special focus on those infected and affected by HIV/AIDS at Amathole District. The research was aimed at analyzing the impact, gaps and weaknesses of public Policies towards assisting these children and the challenges they experienced on surviving without an adult figure in their lives. The fieldwork exercise was extracted from desktop, documents, newspapers, publications, journals, public speeches departmental reports. The data was gathered using in-depth interviews. In-depth interviews were the most appropriate research method in this research since it is a means of eliciting relevant and valuable details to be raised in order to understand the coping/survival strategies of child headed households (CHHs). Findings indicate that the governments departments should work together to ascertain government objectives. Older siblings become caregivers to the younger sibling, and shoulder the burden of adopting survival strategies which include doing part time jobs, begging only to mention a few. The social grants and the foster grant also act as a safety net to child headed households.
- Full Text:
- Date Issued: 2014
Biological evaluation and semi-synthesis of Isolated compounds from (Syzygium aromaticum (L.) Merr. & Perry) Buds
- Authors: Sibusiso, Rali
- Date: 2014
- Language: English
- Type: Thesis , Masters , MSc (Chemistry)
- Identifier: vital:11352 , http://hdl.handle.net/10353/d1021140
- Description: Natural products play a fundamental role in modern drug discovery as they continue providing diverse bioactive lead compounds for new drug formulation. However, isolation of these valued compounds is problematic. On the other hand, the morbidity and mortality rates caused by non-communicable diseases are increasing with improved longevity. Thus, the study herein focused on the isolation of plant-derived compounds from Syzygium aromaticum and evaluated their biological properties. Syzygium aromaticum is a well-known plant which belongs to family Myrtaceae. Dried flower buds of S. aromaticum were subjected to sequential solvent extraction. The ethyl acetate extract (15.535 g) was subjected to column chromatography using a silica gel (0.063-0.200 mm) for isolation. This has led to the isolation of three distinct compounds that were identified as eugenol, maslinic acid (MA) and oleanolic acid (OA). The structural elucidation of these valued compounds was done using NMR, GC-MS, LC-MS, FT-IR and Mp. Further semi-synthesis of the oleanolic acid afforded acetate and ester OA-derived compounds with better solubility properties. All these compounds were evaluated for analgesic and anti-inflammatory properties. All tested compounds were administered at a dose of 40 mg/kg to both Wistar rats and Swiss mice. Significant (p<0.01) analgesic and anti-inflammatory properties are obtained for all compounds. The effects of eugenol in all experiment were better except in the thermal-induced pain or tail flick test. In the case of modified compounds, the formalin induced pain test disclosed that oleanane derived compounds confessed analgesic and anti-inflammatory effects better than OA, whereas, in tale flick test oleanolic acid proved superior analgesic effects compared to all its derivatives with the exception of the acetyl-derivative. Acute anti-inflammatory test showed that acetyl-derivatives were more active than other compounds. In conclusion, chromatographic techniques and semi-synthesise of oleanolic acid have resulted to several plant-derived compounds with analgesic and anti-inflammatory properties. The semi-synthesized compounds may serve as alternative drug candidates for new analgesic and anti-inflammatory drug formulation
- Full Text:
- Date Issued: 2014
- Authors: Sibusiso, Rali
- Date: 2014
- Language: English
- Type: Thesis , Masters , MSc (Chemistry)
- Identifier: vital:11352 , http://hdl.handle.net/10353/d1021140
- Description: Natural products play a fundamental role in modern drug discovery as they continue providing diverse bioactive lead compounds for new drug formulation. However, isolation of these valued compounds is problematic. On the other hand, the morbidity and mortality rates caused by non-communicable diseases are increasing with improved longevity. Thus, the study herein focused on the isolation of plant-derived compounds from Syzygium aromaticum and evaluated their biological properties. Syzygium aromaticum is a well-known plant which belongs to family Myrtaceae. Dried flower buds of S. aromaticum were subjected to sequential solvent extraction. The ethyl acetate extract (15.535 g) was subjected to column chromatography using a silica gel (0.063-0.200 mm) for isolation. This has led to the isolation of three distinct compounds that were identified as eugenol, maslinic acid (MA) and oleanolic acid (OA). The structural elucidation of these valued compounds was done using NMR, GC-MS, LC-MS, FT-IR and Mp. Further semi-synthesis of the oleanolic acid afforded acetate and ester OA-derived compounds with better solubility properties. All these compounds were evaluated for analgesic and anti-inflammatory properties. All tested compounds were administered at a dose of 40 mg/kg to both Wistar rats and Swiss mice. Significant (p<0.01) analgesic and anti-inflammatory properties are obtained for all compounds. The effects of eugenol in all experiment were better except in the thermal-induced pain or tail flick test. In the case of modified compounds, the formalin induced pain test disclosed that oleanane derived compounds confessed analgesic and anti-inflammatory effects better than OA, whereas, in tale flick test oleanolic acid proved superior analgesic effects compared to all its derivatives with the exception of the acetyl-derivative. Acute anti-inflammatory test showed that acetyl-derivatives were more active than other compounds. In conclusion, chromatographic techniques and semi-synthesise of oleanolic acid have resulted to several plant-derived compounds with analgesic and anti-inflammatory properties. The semi-synthesized compounds may serve as alternative drug candidates for new analgesic and anti-inflammatory drug formulation
- Full Text:
- Date Issued: 2014
Exchange rate misalignment and economic growth: a case study of South Africa
- Authors: Rudd, Bernice Nicolette
- Date: 2014
- Language: English
- Type: Thesis , Masters , M Com
- Identifier: http://hdl.handle.net/10353/894 , vital:26507
- Description: The relationship between a country’s real exchange rate (RER) misalignment and economic growth has attracted much attention from both academic and policy perspective. This study examines the relationship between the exchange rate misalignment and economic growth in South Africa, by specifically looking at the fundamental determinants of the real exchange rate and the impact of the misalignment on economic growth for the period 1980 to 2012. This study employs the Johansen cointegration technique and the Vector Error Correction Model. The empirical results revealed that terms of trade, government consumption expenditure, net foreign assets, broad money supply and technological productivity are important factors in determining the RER in South Africa. In addition to the misalignment variable, terms of trade, government spending, private business investment and broad money supply were also found to influence economic growth in South Africa. This suggest that authorities can influence the behaviour of the exchange rate in South Africa through altering one of its fundaments. The results suggest that a RER misalignment has a negative effect on economic growth in South Africa. Thus policies aimed at maintaining an equilibrium RER should be pursued.
- Full Text:
- Date Issued: 2014
- Authors: Rudd, Bernice Nicolette
- Date: 2014
- Language: English
- Type: Thesis , Masters , M Com
- Identifier: http://hdl.handle.net/10353/894 , vital:26507
- Description: The relationship between a country’s real exchange rate (RER) misalignment and economic growth has attracted much attention from both academic and policy perspective. This study examines the relationship between the exchange rate misalignment and economic growth in South Africa, by specifically looking at the fundamental determinants of the real exchange rate and the impact of the misalignment on economic growth for the period 1980 to 2012. This study employs the Johansen cointegration technique and the Vector Error Correction Model. The empirical results revealed that terms of trade, government consumption expenditure, net foreign assets, broad money supply and technological productivity are important factors in determining the RER in South Africa. In addition to the misalignment variable, terms of trade, government spending, private business investment and broad money supply were also found to influence economic growth in South Africa. This suggest that authorities can influence the behaviour of the exchange rate in South Africa through altering one of its fundaments. The results suggest that a RER misalignment has a negative effect on economic growth in South Africa. Thus policies aimed at maintaining an equilibrium RER should be pursued.
- Full Text:
- Date Issued: 2014
The establishment of a mobile phone information security culture: linking student awareness and behavioural intent
- Authors: Bukelwa, Ngoqo
- Date: 2014
- Subjects: Information security awareness -- Mobile phone security , Information safety
- Language: English
- Type: Thesis , Doctoral , PhD (Information Systems)
- Identifier: http://hdl.handle.net/10353/657 , vital:26485 , Information security awareness -- Mobile phone security , Information safety
- Description: The information security behaviour of technology users has become an increasingly popular research area as security experts have come to recognise that while securing technology by means of firewalls, passwords and offsite backups is important, such security may be rendered ineffective if the technology users themselves are not information security conscious. The mobile phone has become a necessity for many students but, at the same time, it exposes them to security threats that may result in a loss of information. Students in developing countries are at a disadvantage because they have limited access to information relating to information security threats, unlike their counterparts in more developed societies who can readily access this information from sources like the Internet. The developmental environment is plagued with challenges like access to the Internet or limited access to computers. The poor security behaviour exhibited by student mobile phone users, which was confirmed by the findings of this study, is of particular interest in the university context as most undergraduate students are offered a computer-related course which covers certain information security-related principles. During the restructuring of the South African higher education system, smaller universities and technikons (polytechnics) were merged to form comprehensive universities. Thus, the resultant South African university landscape is made up of traditional and comprehensive universities as well as universities of technology. Ordinarily, one would expect university students to have similar profiles. However in the case of this study, the environment was a unique factor which had a direct impact on students’ learning experiences and learning outcomes. Mbeki (2004) refers to two economies within South Africa the first one is financially sound and globally integrated, and the other found in urban and rural areas consists of unemployed and unemployable people who do not benefit from progress in the first economy. Action research was the methodological approach which was chosen for the purposes of this study to collect the requisite data among a population of university students from the ‘second economy’. The study focuses on the relationship between awareness and behavioural intention in understanding mobile phone user information security behaviour. The study concludes by proposing a behaviour profile forecasting framework based on predefined security behavioural profiles. A key finding of this study is that the security behaviour exhibited by mobile phone users is influenced by a combination of information security awareness and information security behavioural intention, and not just information security awareness.
- Full Text:
- Date Issued: 2014
- Authors: Bukelwa, Ngoqo
- Date: 2014
- Subjects: Information security awareness -- Mobile phone security , Information safety
- Language: English
- Type: Thesis , Doctoral , PhD (Information Systems)
- Identifier: http://hdl.handle.net/10353/657 , vital:26485 , Information security awareness -- Mobile phone security , Information safety
- Description: The information security behaviour of technology users has become an increasingly popular research area as security experts have come to recognise that while securing technology by means of firewalls, passwords and offsite backups is important, such security may be rendered ineffective if the technology users themselves are not information security conscious. The mobile phone has become a necessity for many students but, at the same time, it exposes them to security threats that may result in a loss of information. Students in developing countries are at a disadvantage because they have limited access to information relating to information security threats, unlike their counterparts in more developed societies who can readily access this information from sources like the Internet. The developmental environment is plagued with challenges like access to the Internet or limited access to computers. The poor security behaviour exhibited by student mobile phone users, which was confirmed by the findings of this study, is of particular interest in the university context as most undergraduate students are offered a computer-related course which covers certain information security-related principles. During the restructuring of the South African higher education system, smaller universities and technikons (polytechnics) were merged to form comprehensive universities. Thus, the resultant South African university landscape is made up of traditional and comprehensive universities as well as universities of technology. Ordinarily, one would expect university students to have similar profiles. However in the case of this study, the environment was a unique factor which had a direct impact on students’ learning experiences and learning outcomes. Mbeki (2004) refers to two economies within South Africa the first one is financially sound and globally integrated, and the other found in urban and rural areas consists of unemployed and unemployable people who do not benefit from progress in the first economy. Action research was the methodological approach which was chosen for the purposes of this study to collect the requisite data among a population of university students from the ‘second economy’. The study focuses on the relationship between awareness and behavioural intention in understanding mobile phone user information security behaviour. The study concludes by proposing a behaviour profile forecasting framework based on predefined security behavioural profiles. A key finding of this study is that the security behaviour exhibited by mobile phone users is influenced by a combination of information security awareness and information security behavioural intention, and not just information security awareness.
- Full Text:
- Date Issued: 2014
An interrogation of morality, power and plurality as evidenced in superhero comic books: a postmodernist perspective
- Herman, Janique Luschan Vogl
- Authors: Herman, Janique Luschan Vogl
- Date: 2013
- Subjects: Superman (Fictitious character) -- Comic books, strips, etc , Batman (Fictitious character) -- Comic books, strips, etc , Spider-Man (Fictitious character) -- Comic books, strips, etc , Comic books, strips, etc. -- Social aspects , Good and evil -- Comic books, strips, etc
- Language: English
- Type: Thesis , Masters , MA (English)
- Identifier: vital:11839 , http://hdl.handle.net/10353/d1005646 , Superman (Fictitious character) -- Comic books, strips, etc , Batman (Fictitious character) -- Comic books, strips, etc , Spider-Man (Fictitious character) -- Comic books, strips, etc , Comic books, strips, etc. -- Social aspects , Good and evil -- Comic books, strips, etc
- Description: The desire for heroes is a global and cultural phenomenon that gives a view into society’s very heart. There is no better example of this truism than that of the superhero. Typically, Superheroes, with their affiliation to values and morality, and the notion of the grand narratives, should not fit well into postmodernist theory. However, at the very core of the superhero narrative is the ideal of an individual creating his/her own form of morality, and thus dispensing justice as the individual sees fit in resistance to metanarrative’s authoritarian and restrictive paradigms. This research will explore Superhero comic books, films, videogames and the characters Superman, Spider-Man and Batman through the postmodernist conceptions of power, plurality, and morality.
- Full Text:
- Date Issued: 2013
- Authors: Herman, Janique Luschan Vogl
- Date: 2013
- Subjects: Superman (Fictitious character) -- Comic books, strips, etc , Batman (Fictitious character) -- Comic books, strips, etc , Spider-Man (Fictitious character) -- Comic books, strips, etc , Comic books, strips, etc. -- Social aspects , Good and evil -- Comic books, strips, etc
- Language: English
- Type: Thesis , Masters , MA (English)
- Identifier: vital:11839 , http://hdl.handle.net/10353/d1005646 , Superman (Fictitious character) -- Comic books, strips, etc , Batman (Fictitious character) -- Comic books, strips, etc , Spider-Man (Fictitious character) -- Comic books, strips, etc , Comic books, strips, etc. -- Social aspects , Good and evil -- Comic books, strips, etc
- Description: The desire for heroes is a global and cultural phenomenon that gives a view into society’s very heart. There is no better example of this truism than that of the superhero. Typically, Superheroes, with their affiliation to values and morality, and the notion of the grand narratives, should not fit well into postmodernist theory. However, at the very core of the superhero narrative is the ideal of an individual creating his/her own form of morality, and thus dispensing justice as the individual sees fit in resistance to metanarrative’s authoritarian and restrictive paradigms. This research will explore Superhero comic books, films, videogames and the characters Superman, Spider-Man and Batman through the postmodernist conceptions of power, plurality, and morality.
- Full Text:
- Date Issued: 2013
Development of corona-based power supplies for remote repeater stations for overhead HVDC power transmission systems
- Authors: Kaseke, R
- Date: 2012
- Language: English
- Type: Thesis , Doctoral , PhD (Physics)
- Identifier: vital:11595 , http://hdl.handle.net/10353/d1006787
- Description: More and more people worldwide are becoming “carbon conscious”. This means they are becoming increasingly aware of the imminent adverse effects of global warming. Of late there has been an urgent drive for governments to be on the forefront of all carbon mitigation initiatives. One such drive involves the United Nations Framework Convention on Climate Change whose parties have been meeting regularly under the banner of Conference of Parties (COP) since 1995. At this conference, parties to the convention review progress made in dealing with climate change. Also key to the deliberations in such meetings are better ways of developing cleaner “carbon free” energy sources. Energy sources of this nature are commonly known as renewable energy sources. In essence global energy trends are constantly moving towards development of more renewable energy sources. It is an undeniable fact that some of viable renewable energy sources especially those with bulk capacity are usually located remotely from load centers. This inevitable reality necessitates the construction of long distance bulk power transmission corridors to link generation sites with load centers. Due to its many inherent advantages over High Voltage Alternate Current (HVAC) for long distance power transmission, High Voltage Direct Current (HVDC) is gradually winning the favor of many utilities. In fact, recent advances in HVDC technology have encouraged many utilities to explore the possibility of harnessing remotely located renewable energy sources which would have otherwise not been viable with HVAC transmission. Through the unfortunate and inevitable phenomenon known as corona effect, overhead HVDC conductors suffer real power losses to the air dielectric surrounding them. Through corona, part of the energy carried on the transmission line is expended through ionization and movement of charges in the air dielectric. This study combined physics, mathematical as well engineering concepts to review corona phenomenon around HVDC lines with specific emphasis on space charge generation and motion within ionized DC fields as well as the influence of temperature on corona discharge or power loss. Also, unlike HVAC, performance of an HVDC system relies heavily on the availability of a reliable and robust telecommunication system. One of the key ways of ensuring reliability of a telecommunication system is by making sure that reliable power supplies are in place to power remote repeater stations. A novel concept of quasi-autonomous corona-based power supply (or QC power supply in short) that works on the principle of magnetohydrodymic (MHD) power generation was developed. A small scale experiment was then designed to assess the feasibility of such power supplies. The experiment was conducted with DC supply of a maximum rated voltage of 30 kVDC and generated up to 6 VDC at an optimum ambient temperature of 23°C. These results have confirmed that with further development QC power supplies have the potential of proving reliable power to remotely located repeaters or any other small critical loads along the stretch of the HVDC transmission line. Practical HVDC transmission systems operate voltages in the excess of 500 kV. By linear extrapolation of the above mentioned results; one would expect to yield up to 100-, 120- and 160-VDC from a 500-, 600- and 800- kV HVDC system, respectively. Although the study succeeded in conceptualizing a CMHD idea upon which the novel QC power supply was developed, quite extensive and rigorous design, modeling, prototyping and experimentation processes are still required before the first QC power supply can be commissioned on a practical HVDC line
- Full Text:
- Date Issued: 2012
- Authors: Kaseke, R
- Date: 2012
- Language: English
- Type: Thesis , Doctoral , PhD (Physics)
- Identifier: vital:11595 , http://hdl.handle.net/10353/d1006787
- Description: More and more people worldwide are becoming “carbon conscious”. This means they are becoming increasingly aware of the imminent adverse effects of global warming. Of late there has been an urgent drive for governments to be on the forefront of all carbon mitigation initiatives. One such drive involves the United Nations Framework Convention on Climate Change whose parties have been meeting regularly under the banner of Conference of Parties (COP) since 1995. At this conference, parties to the convention review progress made in dealing with climate change. Also key to the deliberations in such meetings are better ways of developing cleaner “carbon free” energy sources. Energy sources of this nature are commonly known as renewable energy sources. In essence global energy trends are constantly moving towards development of more renewable energy sources. It is an undeniable fact that some of viable renewable energy sources especially those with bulk capacity are usually located remotely from load centers. This inevitable reality necessitates the construction of long distance bulk power transmission corridors to link generation sites with load centers. Due to its many inherent advantages over High Voltage Alternate Current (HVAC) for long distance power transmission, High Voltage Direct Current (HVDC) is gradually winning the favor of many utilities. In fact, recent advances in HVDC technology have encouraged many utilities to explore the possibility of harnessing remotely located renewable energy sources which would have otherwise not been viable with HVAC transmission. Through the unfortunate and inevitable phenomenon known as corona effect, overhead HVDC conductors suffer real power losses to the air dielectric surrounding them. Through corona, part of the energy carried on the transmission line is expended through ionization and movement of charges in the air dielectric. This study combined physics, mathematical as well engineering concepts to review corona phenomenon around HVDC lines with specific emphasis on space charge generation and motion within ionized DC fields as well as the influence of temperature on corona discharge or power loss. Also, unlike HVAC, performance of an HVDC system relies heavily on the availability of a reliable and robust telecommunication system. One of the key ways of ensuring reliability of a telecommunication system is by making sure that reliable power supplies are in place to power remote repeater stations. A novel concept of quasi-autonomous corona-based power supply (or QC power supply in short) that works on the principle of magnetohydrodymic (MHD) power generation was developed. A small scale experiment was then designed to assess the feasibility of such power supplies. The experiment was conducted with DC supply of a maximum rated voltage of 30 kVDC and generated up to 6 VDC at an optimum ambient temperature of 23°C. These results have confirmed that with further development QC power supplies have the potential of proving reliable power to remotely located repeaters or any other small critical loads along the stretch of the HVDC transmission line. Practical HVDC transmission systems operate voltages in the excess of 500 kV. By linear extrapolation of the above mentioned results; one would expect to yield up to 100-, 120- and 160-VDC from a 500-, 600- and 800- kV HVDC system, respectively. Although the study succeeded in conceptualizing a CMHD idea upon which the novel QC power supply was developed, quite extensive and rigorous design, modeling, prototyping and experimentation processes are still required before the first QC power supply can be commissioned on a practical HVDC line
- Full Text:
- Date Issued: 2012
Microfinance Institutions (MFIs) and rural poverty reduction in the Eastern Cape Province South Africa: a case of Amathole Rural District
- Authors: Mamutse, Zivai Tapfumanei
- Date: 2012
- Subjects: Entrepreneurship -- South Africa -- Eastern Cape , Eastern Cape -- South Africa -- Economic policy , Eastern Cape -- South Africa -- Social conditions , Eastern Cape -- South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11440 , http://hdl.handle.net/10353/d1007231 , Entrepreneurship -- South Africa -- Eastern Cape , Eastern Cape -- South Africa -- Economic policy , Eastern Cape -- South Africa -- Social conditions , Eastern Cape -- South Africa -- Economic conditions
- Description: The government of South Africa has seen many financial reforms in the finance industry since the attainment of freedom in 1994. Many microfinance institutions (MFIs) have emerged in the name of poverty reduction, however the impact of MFIs on poverty reduction in rural areas has not been significantly high. Poverty has been reduced but still the inequality gap has even widened (HSRC, 2004). The study is concerned with analysing the impact of MFIs in poverty reduction among the rural poor. Empirical evidence from many developing nations around the world has shown that microfinance is a tool that is relevant in reducing poverty within rural areas. This study investigates the impact of microfinance institutions on household income levels, education and business skills. The study followed a qualitative approach in terms of the research methodology and a survey research design. Data was collected using questionnaires, scheduled interviews, focus group discussions and key informants. Two sample techniques were used for the selection of the MFIs and the household respondents, that is purposive sampling and cluster sampling. In total, 150 households, 15 MFIs and five key informants were interviewed. Descriptive analysis methods were employed and the study showed that only 10 percent of the total households have been able to access microfinance. The number of people who gained business skills was also low (10 percent). The MFIs who provide financial services excluding the other services like business training programmes were 80 percent of the total number of MFIs interviewed. This data showed that only a few (20 percent) MFIs are willing to go an extra mile rendering business skills to their clients. Overally the major finding of the study was that although, MFIs are reaching out to the rural communities, their levels of outreach is still very low within the rural areas. However this does not mean that the impact of MFIs funding is not felt among the rural poor. The levels of income and educational benefits have been increased and felt by the 10 percent of the rural poor clients. This study advocates for an entrepreneurship development pathway to poverty reduction. Microfinance should be used as a source of finance to initiate entrepreneurial activities among the poor in order to generate income. In this study, the use of microfinance finance for consumption by the poor is discouraged because it depletes the funds that can be channeled for selfhelp projects within the rural communities. The study findings motivated the recommendations that encourage an inclusive financial system that is capable of reaching out to the rural poor.
- Full Text:
- Date Issued: 2012
- Authors: Mamutse, Zivai Tapfumanei
- Date: 2012
- Subjects: Entrepreneurship -- South Africa -- Eastern Cape , Eastern Cape -- South Africa -- Economic policy , Eastern Cape -- South Africa -- Social conditions , Eastern Cape -- South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , M Soc Sc (Dev)
- Identifier: vital:11440 , http://hdl.handle.net/10353/d1007231 , Entrepreneurship -- South Africa -- Eastern Cape , Eastern Cape -- South Africa -- Economic policy , Eastern Cape -- South Africa -- Social conditions , Eastern Cape -- South Africa -- Economic conditions
- Description: The government of South Africa has seen many financial reforms in the finance industry since the attainment of freedom in 1994. Many microfinance institutions (MFIs) have emerged in the name of poverty reduction, however the impact of MFIs on poverty reduction in rural areas has not been significantly high. Poverty has been reduced but still the inequality gap has even widened (HSRC, 2004). The study is concerned with analysing the impact of MFIs in poverty reduction among the rural poor. Empirical evidence from many developing nations around the world has shown that microfinance is a tool that is relevant in reducing poverty within rural areas. This study investigates the impact of microfinance institutions on household income levels, education and business skills. The study followed a qualitative approach in terms of the research methodology and a survey research design. Data was collected using questionnaires, scheduled interviews, focus group discussions and key informants. Two sample techniques were used for the selection of the MFIs and the household respondents, that is purposive sampling and cluster sampling. In total, 150 households, 15 MFIs and five key informants were interviewed. Descriptive analysis methods were employed and the study showed that only 10 percent of the total households have been able to access microfinance. The number of people who gained business skills was also low (10 percent). The MFIs who provide financial services excluding the other services like business training programmes were 80 percent of the total number of MFIs interviewed. This data showed that only a few (20 percent) MFIs are willing to go an extra mile rendering business skills to their clients. Overally the major finding of the study was that although, MFIs are reaching out to the rural communities, their levels of outreach is still very low within the rural areas. However this does not mean that the impact of MFIs funding is not felt among the rural poor. The levels of income and educational benefits have been increased and felt by the 10 percent of the rural poor clients. This study advocates for an entrepreneurship development pathway to poverty reduction. Microfinance should be used as a source of finance to initiate entrepreneurial activities among the poor in order to generate income. In this study, the use of microfinance finance for consumption by the poor is discouraged because it depletes the funds that can be channeled for selfhelp projects within the rural communities. The study findings motivated the recommendations that encourage an inclusive financial system that is capable of reaching out to the rural poor.
- Full Text:
- Date Issued: 2012
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