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The social capital of informal economy operators in the Walmer township

  • Authors: Frimpong, Kusi Amoah
  • Date: 2021-12
  • Subjects: Infrastructure (Economics) -- South Africa
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/53910 , vital:46033
  • Description: In recent years, South Africa has witnessed a significant increase in the unemployment rate. As a result, many people found themselves in the informal sector, which has become their livelihood option. Townships, which have been historically disconnected from the socio-economic grid, have high unemployment, and the informal sector is barely recognized and supported by the government. Despite this, the informal sector thrives and continues to support many households and communities. It also contributes to the country’s GDP. Thus, this study set out to develop a better understanding on the issues around social capital and informal operators, using Walmer Township as a case study. Literature related to the study on informal sector and social capital was reviewed to gain insight into the views of other writers on the topic under study. A Qualitative research design was adopted in this study. The study used both primary and secondary methods for data collection, - that is interviews and documents analysis respectively. Data was analysed through inductive thematic analysis. The findings of the study showed that social capital is a contributing factor to the growth of an informal economy. The findings revealed that bonding and bridging social capital has a significant effect on the growth of informal businesses. The study equally found out that the informal sector faces other challenges, outside social capital, such as crime and security issues, and inadequate trading spaces. The study recommends that, -the government should consider improving the security needs of the Township to boost the informal sector. The local government needs to organize programs to educate informal business owners on the importance of social capital. , Thesis (MA) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-12

The technical efficiency of SACU Ports: a data envelopment analysis approach

  • Authors: Bekebu, Siyanda
  • Date: 2021-12
  • Subjects: Free ports and zones -- Africa, Southern , Harbors -- Africa, Southern
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/53813 , vital:45982
  • Description: There ever growing international trade and increasing congestion of ports led to an increased focus attention on technical efficiency. Seaports are a central and necessary component in facilitating international trade. Yet, there is only limited comprehensive information available on the technical efficiency of African ports. The study investigated the technical efficiency of the SACU ports during the period 2014-2019 using DEA model. The DEA model is effective in resolving the measurement of port efficiency since the calculations are nonparametric and do not need definition or knowledge of a priori weights for the inputs or outputs, as is necessary for estimate of efficiency using production functions. To identify the roots of the technical inefficiency of the SACU ports, the study subdivided technical efficiency into pure technical and scale efficiency. The model used cargo handled, container throughput, ship calls as output variables. Whilst, quay cranes, number of tugboats, draft, quay length and number of quays were used as input variables. The study used the scores of DEA-BCC model as explanatory variables in Tobit model. The results showed that quay cranes and quay length are the cause of technical inefficiencies in the ports. , Thesis (MCom (Economics)) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-12

Using PESTEL analysis as a framework for analysing the VUCA environment in the Pretoria automotive industry

  • Authors: Quanson, Matthew
  • Date: 2021-12
  • Subjects: Automobile industry and trade -- South Africa -- Pretoria
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/54308 , vital:46424
  • Description: The term VUCA, is an acronym for volatility, uncertainty, complexity, and ambiguity. VUCA has become one of the “buzz words” in the business sector in the last few years. VUCA however is more than just an acronym, it is a concept that describes an environment in which business operates. It is an environment that is plagued with more volatility, uncertainty, complexity, and ambiguity than ever before. There are numerous factors which have contributed and continue to have an influence on the VUCA environment. PESTEL, another acronym, describes the macro-environment and its components namely: Political, Economic, Social, Technological, Environmental and Legal. The PESTEL analysis has become a tool used in business to effectively analyse the macro-environment in detail by grouping these factors into the six components. The Pretoria automotive industry has faced significant challenges in the last few years, and these challenges have been heightened in complexity. These challenges include volatility with customer demand, adapting to new technological advancements in automation and digital trends, political and labour uncertainty as well as supply chain constraints as a result of global geo-political pressure. The main objective of this paper is to use the PESTEL analysis as a framework for analysing the VUCA environment in the Pretoria automotive industry. The Pretoria automotive industry is the most important region for the automotive industry in South Africa and adds significant economic stimulation to the South African Gros Domestic Product (GDP) and economy according to Automotive Export Council, (2020). , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-12

Virtual currency readiness in South Africa

  • Authors: Tiervlei, Renee
  • Date: 2021-12
  • Subjects: Digital currency -- South Africa
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/54717 , vital:47530
  • Description: The rapid growth of technology in the twenty first century has seen the increased use of the internet and its resources and with this a change in the way people see money. Buying goods and services online and paying with credit cards is a transformational advantage to the way transactions are done. Ten years ago, this was not possible and paper money was predominantly used to pay for goods, or the buyer had to go into a bank to deposit the payment into the seller’s bank account. Virtual currency is a topic that needs attention due to its increased popularity and from the South African perspective, more so. Virtual currencies, like cryptocurrencies and its blockchain technology, has a wide range of uses that could benefit the world as well as South Africa but there is also a downside or risks associated with the use of these currencies and many other virtual currencies. Risks include and are not limited to the regulation, or a lack of regulation of cryptocurrencies, the laundering of money and illegal activities. One advantage though is that the blockchain technology ensures that all transactions are recorded in the ledger and can never be deleted or erased. The study analyses virtual currency readiness in South Africa by looking at the factors influencing this by studying cryptocurrencies and the South African people’s reaction to the use of this currency and how it is perceived. , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-12

An analysis of small, medium, and micro enteprise contribution to job creation: a case study of the Chris Hani District Municipality

  • Authors: Mbotshane, Sibongile
  • Date: 2021-11
  • Subjects: Job creation -- South Africa -- Eastern Cape , Business enterprises -- South Africa -- Eastern Cape
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/54913 , vital:48472
  • Description: It is the norm that job creation becomes the responsibility of entrepreneurs in the area where they operate. The role of the state is legislatively to create a conducive environment for the entrepreneurs to flourish and do their respective businesses in a manner that is beneficial to themselves and the society at large. This study was conducted in Chris Hani District municipality. The district consists of six Local Municipalities where it coordinates their activities and renders support where necessary. Over the past few years, the district has been inundated with requests for financial support from SMMEs. In this regard the researcher undertook to do a follow up in the form of this study to the extent in which the SMMEs contribute to job creation in the district. The study undertook both a qualitative and quantitative approach in ensuring they complement one another and to allow effective engagements with the SMMEs as the core of the study. The sampled respondents/participants in the study were given questionnaires to respond to that would assist the researcher in analysing the raw data and be able to arrive at a particular conclusion in relation to the research questions. Respondents were given an opportunity to respond to questionnaires for a period of two weeks at the comfort of their homes. The results of the study indicate that those firms with a good track record, high annual turnover, sophistication and diverse skills, good credit record, good cash flow, proper financial records, bankable and viable business plans, collateral and registered for VAT were more likely to have a higher impact on the creation of both the short- and long-term employment as they are in a more sustainable position. The conclusion of the study is that the internal factors turned to have the greatest influence on SMME sustainability and job creation in this regard. However, there is more to be done by the private and public SMME support agencies. The study recommends that in-depth empirical research be conducted on the support services provided by private and public SMME support agencies in terms of the services that they offer and the effectiveness of the services and how these are communicated to potential customers. It is also recommended that training workshops aimed at addressing the internal constraints identified be conducted. It is further recommended that the development and implementation of sector-specific mentoring programmes for the owner-managers of the SMMEs be implemented for them to positively contribute to job creation in the region. Strategies to improve the awareness of support services provided by SMME support agencies need to be developed. This would ensure the effective use of these services by SMMEs. It is also recommended that SMME support agencies staff be trained in order to better understand and be more responsive to the owner managers’ needs. , Thesis (MADS) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-11

Evaluation of the impacts of water allocation reform on livelihoods in the Lower Sundays River catchment area

  • Authors: Ngilana, Simphiwe
  • Date: 2021-08
  • Subjects: Water-supply -- South Africa -- Eastern Cape -- Management , Water resources development -- South Africa -- Eastern Cape
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/54229 , vital:46373
  • Description: The study aimed to evaluate the impact of the Water Allocation Reform (WAR) programme on the socio-economic livelihoods of resource-poor farmers (RPFs). WAR was implemented between 2014 and 2019 in the Lower Sundays River Valley Municipality of the Eastern Cape. The study sought to qualitatively evaluate the outcome of the WAR programme using the Sustainable Livelihoods Framework. The study findings show that water allocation reform has contributed positively to the livelihoods of resource poor farmers in the area under study. It was found that joint ventures (JVs) are the strongest mechanisms used by farmers to ensure water is used for irrigation purposes and this is encouraged by government. The issue of equity is still not realised as one of the objectives of the National Water Act, 1998. It was found that resource poor farmers are willing to pay for water resource management although it is very expensive. However, government does not conduct the monitoring and evaluation of the programmes, and implementation is left solely to farmers to arrange. It was discovered that there is a lack of coordination by government departments on programme implementation. The case study further revealed that government is not providing the necessary support for resource poor farmers. , Thesis (MA) -- Faculty of Business and Economic Sciences, 2021
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  • Date Issued: 2021-08

A baseline study of land tenure rights and livelihoods in the Amatole District in the context of proposed shale gas development

  • Authors: Mmtsila, Mkhuseli
  • 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/10948/52969 , vital:44869
  • Description: Shale Gas Exploration (SGE) is one among various means that are seen as a solution to the energy crisis of the 21st century. In many first world countries, especially in America, Shale Gas Exploration (SGE) has been one of the energy sources that has been utilised along with other energy sources like coal as a means of moving towards a cleaner and more sustainable renewable energy source to reduce carbon emissions as it burns cleaner than coal. Shale Gas Development (SGD) is now gaining momentum around the world, including in the African continent and in particular, South Africa, which has shown potential for exploration. The recently discovered shale gas deposits in the Karoo region have drawn significant attention across the entire central region of the interior, including the Amathole District of the Eastern Cape Province of South Africa, a region often neglected in the discussion surrounding SGD as it falls within the far eastern corner of the existing areas under application for exploration. In the District, as in the Province as a whole, this has brought discussions around potential for development for the area and the country at large. Since the discovery of shale gas extracts in the Karoo, there has also been a heated debate in looking at Shale Gas Development (SGD) as one of the alternatives to coal within the Integrated Resource Plan (IRP) to be a part of a mixed resource plan for the country. The heated debate is based on anticipated environmental short run effects together with long-run impacts in comparison with the economic benefits that could bring about economic growth and development in the Eastern Cape and South Africa at large. The concerns around Shale Gas Development (SGD) make it difficult to exploit the resource due to scepticism of residents of the Amathole District Municipality, environmental organisations, NGOs and civil society, including land tenure rights as there is an unresolved land question in South Africa. The debate around the land question in South Africa is based on redressing the socio-economic imbalances that were caused by the historical land dispossessions and the apartheid system that disallowed the indigenous black majority land rights. , Thesis (MA) -- Faculty of Business and Economic Sciences, Department of Development Studies, 2021
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  • Date Issued: 2021-04

A behaviour of South Africa’s economy towards inflows of foreign direct investment (FDI) from BRICs economies

  • Authors: Dingela, Siyasanga
  • Date: 2021-04
  • Subjects: Investments, Foreign -- South Africa , Investments, Foreign -- Developing countries , South Africa -- Economic conditions , BRIC countries -- Foreign economic relations
  • Language: English
  • Type: Doctoral theses , text
  • Identifier: http://hdl.handle.net/10948/51141 , vital:43212
  • Description: This study investigated a behaviour of South Africa’s economy towards inflows of foreign direct investment (FDI) from Brazil, Russia, India and China (BRICs) economies, during the period 1997 to 2016. The BRICs bloc was coined in 2001 by then chairperson of Goldman Sachs Asset Management, Jim O’Neil. According to Goldman Sach (2001), the BRICs group was collectively expected to overtake the major economic powers over the span of a few decades. Their growth is expected to shape a new economic order and replace the currently dominant advanced economies. South Africa joined the BRICs bloc in 2010 as the jeweler of the world and as a gateway to Africa. It joined the BRICs group at the time when economic growth was at a sluggish rate, and the savings and investment were at the lowest rate. The country had a high unemployment rate, high levels of poverty and income inequality. On the other hand, the BRICs economies had limited intra-BRICs flows amongst themselves. It is against this background that this study investigated the long run impact of BRICs FDI inflows on South Africa’s economic growth, and the causality relationship between South Africa’s economic growth and BRICs FDI inflows. This study contributes to the body of knowledge of economics in South Africa and the literature on foreign direct investment and economic growth in South Africa. The study employed two cointegration methods to investigate the behaviour of South Africa’s economy towards inflows of foreign direct investment from BRICs economies. These are fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS). For granger causality, the study employed Stacked and Dumistrescu Hurlin tests. All the models used time series annual data from 1997 to 2016. The Unit root test results confirmed that the variables were stationary at first difference using panel Im, Pesaran, Shin (IPS) and Levin, Lin, Chu (LLC). The research employs four regressions, first, Economic growth and foreign direct investment (i.e. private sector, banking sector and both sectors), human capital, physical capital, household consumption, government expenditure, exports, and arable land; Second, Employment and foreign direct investment, human capital, physical capital, household consumption, government expenditure, exports, and arable land; third, Economic complexity and foreign direct investment, human capital, physical capital, household consumption, government expenditure, exports, and arable land; finally, Unemployment and foreign direct investment, human capital, physical capital, household consumption, government expenditure, exports, and arable land. The cointegration results for private FDI and economic growth, employment, economic complexity, and unemployment. The results show only economic complexity has significant effect on foreign direct investment and other variables show insignificant results. However, this effect is smaller compared to other growth determinants which are included in the regressions. The cointegration results for bank FDI. These results show more similarities with private FDI results and few differences. However, this effect is smaller compared to other growth determinants included in the regressions. These growth determinants, however, show a positive effect of human capital and household consumption on economic growth which is expected. Other interesting results are exports being positively related with economic growth and unemployment but negative with employment and insignificant with economic complexity. Another one is government spending negatively influence economic growth, employment and positively influence unemployment. But insignificant for economic complexity. Total FDI results and other variables. These results are also similar to private and bank FDI results discussed above. Economic complexity shows significant effect with foreign direct investment, yet other variables are insignificant. . Further results show human capital positively related with economic growth, which is expected. However, physical capital and household consumption negatively affects growth. Another one exports show positive influence on economic growth but negatively related with employment. Yet, insignificant with economic complexity and unemployment. Other results government spending shows negative influence with employment but insignificant with economic growth, economic complexity and unemployment. The results for nonlinearity between the variables under review. The results that employment and economic complexity are nonlinear with foreign direct investment and no nonlinearity between unemployment, economic growth and foreign direct investment. For employment, low levels of foreign direct investment (LFDI_private) adversely affects employment but at higher levels (FDI_private_SQ) is insignificant. For economic complexity, low levels of foreign direct investment are insignificant for economic complexity but at higher levels there is a positive effect of squared foreign direct investment on economic complexity. Further results show that economic growth and employment are nonlinear with human capital, physical capital, household consumption and exports. Physical capital and household consumption adversely affect economic growth, yet positively affects employment. Human capital positively affects economic growth, employment, and unemployment. Exports positively affect economic growth, but negatively affect employment. Further results show nonlinearity between employment and government expenditure. Government expenditure adversely affects employment. Also, economic growth and unemployment show nonlinearity with arable land. Arable land adversely affects economic growth but positively affects unemployment. Nonlinear results for economic growth and economic complexity with foreign direct investment but no nonlinearity in other remaining variables. For economic growth, low levels of foreign direct investment there is a positive effect of foreign direct investment on economic growth, however, at higher levels foreign direct investment are insignificant. For economic complexity, low levels of foreign direct investment are insignificant, yet, higher levels of foreign direct investment there is a positive influence of foreign direct investment on economic complexity. Further results show economic growth and employment that are nonlinear with human capital, physical capital, and household consumption. Human capital positively affects both economic growth and employment. Physical capital and household consumption are adversely affecting economic growth, yet positively affects employment. Further results show nonlinearity between economic growth and government expenditure. Government expenditure adversely affects employment. More results, employment, and unemployment show nonlinearity results with exports. Exports adversely affect employment but positively affects unemployment. Results show economic growth and unemployment that are nonlinear with arable land. Arable land adversely affects economic growth, but positively affect unemployment. Nonlinear results for economic complexity only and other variables show no nonlinearity in the regressions. For economic complexity, low levels of foreign direct investment are insignificant, but at higher levels of foreign direct investment there is positive effect of foreign direct investment on economic complexity. More results show economic growth and employment that are nonlinear with human capital, physical capital, household consumption and exports. Human capital and exports positively affect economic growth, employment, and unemployment. Whereas, physical capital and household consumption adversely affects economic growth and unemployment, yet positively affects employment. Further results show nonlinearity between employment and government expenditure. Government spending adversely affects employment. Further results show nonlinearity between economic growth and unemployment with arable land. Arable land positively affects unemployment, yet adversely affects economic growth. The following section discusses granger causality results. This study also employed granger causality tests. The causality results between economic growth, employment, economic complexity, unemployment, and private foreign direct investment. The causality results show that there is granger causality between economic growth and economic complexity with private foreign direct investment. Whereas, between bank foreign direct investment and other variables there is no granger causality. However, between total foreign direct investment and economic growth and employment there is granger causality. There are a number of policy recommendations that can be drawn from the study. The study results in overall revealed that BRICs (private and bank) FDI inflows had a positive impact on South Africa’s economic growth between 1997 and 2016. The study results suggest that the policy makers should focus the attention on lobbying foreign direct investment from BRICs economies, since this study shows positive impact and relationship between South Africa’s economic growth and BRICs FDI inflows. The BRICs economies should focus on enhancing investment partnership, preventing protectionism, and promoting intra-BRICS flows. In addition, South Africa should eliminate barriers affecting business with BRICs countries. Policy makers should promote the building of new companies (for example Greenfield Investment) so that the economy of South Africa could grow and create employment. , Thesis (MA) -- Faculty of Business and Economic Sciences, Economics, 2021
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  • Date Issued: 2021-04

A causal analysis to investigate low production efficiency in the tyre manufacturing industry in South Africa

  • Authors: Bruinders, Bramwill Bertram
  • Date: 2021-04
  • Subjects: Industrial efficiency , Production management , Lean manufacturing -- South Africa
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/50977 , vital:43177
  • Description: The evolution of tyre manufacturing in South Africa went back to the early 1930s and matured technologically, becoming automated in the 1960s. The tyre industry in South Africa is worth approximately R30bn per annum and is one of the major supporting industries for domestic vehicle manufacturers. The local industry manufactures only 11 million tyres but can manufacture 18 million tyres per annum. The tyre industry thus plays a crucial role in South Africa’s economic development. Consumers are opting to buy cheaper imported tyres even though tyres are essential purchases. Therefore, the major tyre manufacturers must compete against an estimated 200 importers of various brands, most from China and Japan. The excess local capacity and increasing volume of imports put the local tyre manufacturers under severe pressure to grow their market share, reduce operational cost and achieve economies of scale. The study’s general objective was to conduct a root cause analysis of South African tyre manufacturers’ underlying issues resulting in low production efficiencies. This study used critical manufacturing principles such as traceability, knowledge of lean principles, lean implementation challenges, Total Quality Management, organisational buy-in, waste and rework and maintenance planning that constitute tools of lean practices. These principles provided an opportunity to adopt efficient manufacturing practices in tyre manufacturing companies and help organisations identify improvement areas. A questionnaire was developed and distributed electronically to 93 respondents employed in the tyre manufacturing industry in South Africa. The study addressed product traceability, investigated the quality measures in place, and examined the influence of the workforce’s attitude and morale on productivity, and determined management’s influence on decision-making. The key findings indicated that traceability, lean implementation challenges and organisational buy-in played a significant role in improving production efficiency. Recommendations were made to management to ensure that they lead by example and enhance these key constructs to foster their growth. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business Administration , 2021
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  • Date Issued: 2021-04

A comparative analysis of the taxation of lease transactions in South Africa, Australia, and Nigeria

  • Authors: Galada, Khayalethu
  • Date: 2021-04
  • Subjects: Tax accounting -- South Africa , Tax accounting -- Australia , Tax accounting -- Nigeria , Taxation -- South Africa Taxation -- Australia Taxation -- Nigeria Accounting
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/51428 , vital:43274
  • Description: This treatise compared the tax treatment of lease transactions in South Africa, Australia, and Nigeria from both the lessor and lessee perspective. The analysis revealed that there are similarities and differences in the tax treatment of lease transactions between South Africa, Australia, and Nigeria. In particular, one major difference was that unlike Nigeria, South Africa and Australia have not aligned the income tax treatment of lease transactions with the accounting treatment of lease transactions in terms of IFRS 16. Consequently, the research concludes that certain parts of the tax treatment of lease transactions in South Africa may be deemed to be inadequate as a result of the misalignment between the income tax and accounting treatment of lease transactions and the inconsistency between the income tax and VAT treatment of lease transactions. This research proposes that the South African income tax treatment of lease transactions be revised by aligning the income tax treatment of lease transactions with the accounting treatment of lease transactions for simplicity purposes, and that the inconsistency between the income tax treatment and the value-added tax of lease transactions be eliminated. , Thesis (MCom) -- Faculty of Business and Economic Sciences, Accounting, 2021
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  • Date Issued: 2021-04

A framework for an integrated transport system towards improving public transport efficiency in the Buffalo City Metropolitan Municipality

  • Authors: Dlepu, Anele Lunga
  • Date: 2021-04
  • Subjects: Intelligent transportation systems , Transportation -- South Africa -- Eastern Cape , Transportation -- Planning
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/51165 , vital:43214
  • Description: The main objective of this study was to develop a framework for an Integrated Transport System towards improving public transport efficiency in the Buffalo City Metropolitan Municipality. The study was conducted against a background of a noticeably disjointed transport system in the BCMM. Among several others, the key attributing factors include rapid urban expansion, urbanization and sharp rise in the volume of traffic. The preliminary chapter of this study presented objectives which sought to address the economic and social costs associated with the disintegrated transport system. This study has been divided into seven chapters, with three of them comprising of literature review. The first chapter gives a background about the South African public transport system, covering transport regulations and legislation including an overview of the public transport system in the BCMM. The second chapter provided an overview of the transport system in South Africa, including the profile and comparison with other countries. In the third chapter, literature on transport integration has been explored, touching on the nodes and corridor development concepts, together with the integrated transit systems. Importantly, the literature analysis section discusses challenges inhibiting transport integration and the effective strategies for improving integration efforts. For the research methodology the interpretivist paradigm has been followed, necessitating the adoption of a qualitative research approach. This research used the qualitative data collection method, together with thematic analysis. Primary Data was collected by means of an unstructured questionnaire distributed to respondents electronically and the views captured in this study were from respondents in the Traffic Department, Traffic Police Department, the Local Municipality and Taxi Associations. The research leads to the findings that there is a need for a review of the urban transport policy, the reconstruction of urban roads and an investment in appropriate transport integration technology. This study also articulates that the urban sprawl in Buffalo City Metro is a serious cause for concern with regard to transport management. It further recommends that there must be a better coordination between the various transport management departments. Finally a recommendation is made that mini-bus taxis be done away with, as means of transport. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business Administration, 2021
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  • Date Issued: 2021-04

A framework for public infrastructure financing in Zimbabwe

  • Authors: Kapesa, Tonderai
  • Date: 2021-04
  • Subjects: Finance, Public -- Accounting -- Standards , Accounting -- Standards , Finance -- Zimbabwe , Infrastructure (Economics) -- Zimbabwe -- Finance
  • Language: English
  • Type: Doctoral theses , text
  • Identifier: http://hdl.handle.net/10948/51688 , vital:43363
  • Description: The Government of Zimbabwe is operating using the mantra: ‘Zimbabwe is open for business’. The notion of opening for business requires robust supporting economic infrastructure for enhanced productivity, in the form of reliable supply of electricity, accessible road/railway transport networks and availability of contemporary Information Communication Technology (ICT) infrastructure. The aim of the study was to develop a framework for making financing decisions for public infrastructure in Zimbabwe. The objectives of the study are to: determine the main sources of public infrastructure financing in Zimbabwe; establish innovative finance’s capacity to close the public infrastructure financing gap in Zimbabwe; assess the role played by public-sector accounting in attracting appropriate and efficient mechanisms to finance public infrastructure in Zimbabwe; and ultimately to develop and recommend a framework for selecting suitable and efficient mechanisms to finance public infrastructure in Zimbabwe. According to literature reviewed, public infrastructure is broadly financed by public sector entities using their own resources (internally financed) or through private sector investments and innovative financing instruments (externally financed). When infrastructure is internally financed, the study is theoretically guided by the Public Goods Theory and the Theory of Public Finance and Public Policy. When externally financed, the Risk Return and Pecking Order theories are important. There are many instruments used to finance public infrastructure and one project may be financed using one or more instruments. Therefore, considerations are given to the need for a framework that helps improve the efficiency of the financing decision. The study was designed as a multiple case study that focused on four sectors of economic infrastructure, that is, transport, energy (electricity), ICT as well as water and sanitation. The research used synchronous mixed methods to achieve the objectives of the study. Qualitative research methods addressed the following objectives: a) to determine the main sources of public infrastructure financing in Zimbabwe; b) to establish innovative finance’s capacity to close the public infrastructure financing gap in Zimbabwe; and c) to assess the role played by public-sector accounting in attracting appropriate and efficient mechanisms to finance public infrastructure in Zimbabwe. Whilst to develop and recommend a framework for selecting suitable and efficient mechanisms to finance public infrastructure in Zimbabwe the study combined qualitative and quantitative research methods. Qualitative data was collected through interviews conducted with officials and staff from government ministries, government departments, as well as parastatal enterprises dealing with the four infrastructure types. The same respondents were asked to complete a survey questionnaire used to address part of the objective that developed a framework for public infrastructure financing. Interview data were triangulated using secondary data extracted from reports and financial statements. Some of the secondary data was collected from the World Bank’s development indicators online repository. Qualitative data analysis was done using RQDA, an open-source computer-aided data analysis software. Findings from the study revealed that the main sources of finance for public infrastructure in Zimbabwe are the government through budget appropriations, and concessionary loans from the China Export-Import Bank. There was also finance obtained from multilateral financial institutions such as the Development Bank of Southern Africa and the African Export-Import Bank. The study revealed that there is currently very limited use of innovative financing instruments such as PPPs in financing public infrastructure in Zimbabwe, despite the country having legislation to support such financing arrangements. The innovations in financing observed in the study entail the use of conventional financing mechanisms in unconventional ways. However, there is scope for improving the financing of public infrastructure using innovative financing mechanisms and significantly mitigate the financing gap. Public sector accountants in Zimbabwe are mainly active in financial reporting, although the financial statements for most ministries, government departments and parastatal enterprises had qualified audit opinions from the Auditor General’s office. Public sector accountants are not active in financial management and cost and management accounting responsibilities. As a result, public sector accountants are not adding value to public money through offering advisory services in the efficient investment of public money, as well as financing public infrastructure assets using the most efficient financing mechanism. There is no uniformly applied framework when making financing decisions for public infrastructure in Zimbabwe. Therefore, a framework was developed and is recommended for use by this study. The developed framework entails eight steps that are interrelated and interconnected. Use of the proposed framework requires availability of data about infrastructure projects that have been done in the past. The study recommends that Zimbabwe should ensure a robust framework for protecting private sector investments, which can be achieved by ensuring policy consistency; creating and implementing a legal framework that protects private capital; and having economically viable infrastructure sectors, that are liberalised to allow private sector participation. The Government of Zimbabwe must take deliberate actions that ensure variety of financing options at the disposal of the public sector to lower costs of financing public infrastructure. It is also important to fully operationalise the legislation and policies designed to facilitate the participation of the private sector in financing public sector projects. Such operationalisation entails a decentralisation of the regulations and policies to the provincial and municipal levels. , Thesis (PhD) -- Faculty of Business and Economic Sciences, Accounting, 2021
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  • Date Issued: 2021-04

A framework for the successful management of the service suppliers in the public sector in South Africa

  • Authors: Fudu, Anele George
  • Date: 2021-04
  • Subjects: Management , Business logistics , Government business enterprises -- Management
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/51411 , vital:43272
  • Description: The Public sector outsources the service to the private service suppliers through tendering and the awarding of contracts to the successful service providers. There is a lot of money budgeted and spent on service providers; therefore, there is a great need to manage the service providers successfully, in order to deliver a reliable service to the community; and to reduce the cost thereof. The study focused on the successful management of the service suppliers, in order to deliver contract deliverables. Poor performance of the service providers might well lead to schedule overruns, contract over-expenditure and contract cancellations. Inadequate performance management causes service suppliers not to perform at their optimum level. The study aimed to contribute to the development of the framework for performance management of the service suppliers in the public sector in South Africa. The primary objectives of the study were to investigate and develop a framework for managing and enhancing the performance of the service suppliers in the public sector. More specifically, the study investigated the influence of scope of work, a contract strategy, performance management, risk management and change management. The study sought to formulate a structured and practical approach on how to manage service suppliers to the public sector. The study will seek to understand what influences the success for the win-win approach in the Public Sector and Services Suppliers – so that both parties can see themselves as partners in the delivery of the services. The sample consists of 70 employees across all the public sector in South Africa, which consists of national government, provincial municipalities, district municipalities, local government and State-owned companies. The study targeted those respondents involved in the management of the service suppliers to the public study. The empirical results show that the management of the service providers’ performance in the public sector is critical to the service delivery and the management of the final cost. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business Administration, 2021
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  • Date Issued: 2021-04

A framework to integrate social entrepreneurship into development planning in South Africa

  • Authors: Nwauche, Sokeibelemaye
  • Date: 2021-04
  • Subjects: Gqeberha (South Africa) , Eastern Cape (South Africa) , South Africa
  • Language: English
  • Type: Doctoral theses , text
  • Identifier: http://hdl.handle.net/10948/52982 , vital:44881
  • Description: The thesis presents a framework to integrate social entrepreneurship (SE) into development planning in South Africa. Even though there is no consensus on a universally accepted definition of the term, there is concurrence that SE brings about social change that can influence the overall development of the community. In South Africa, SE is thus conceived of as one of the mechanisms for addressing the wicked and persistent socio-economic challenges that face the country. Social entrepreneurship occurs in areas such as education, health, skills development, youth programmes, rehabilitation, safety, food security, poverty, job creation, human rights activism, environmental issues, arts and culture, among others. However, it remains unclear how SE is integrated into the development planning and implementation processes. Questions of integrating SE into development planning are asked within the context of South Africa as a democratic developmental state that intervenes in the development process. It emphasises the mobilization of and engagement with all sectors towards the achievement of its development objectives as articulated in the national development plan (NDP). Also, government recognizes organizations in the social enterprise sector (such as NPOs and NPCs) as stakeholders and development partners who deliver relevant services towards the achievement of these development objectives. However, there is a lack of framework to mobilize and integrate the social enterprise sector and SE into the development planning process. Social entrepreneurship, therefore, tends to occur in insolation from other development programmes. , Thesis (PhD) -- Faculty of Business and Economic Sciences, School of Economics, Development and Tourism, 2021
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  • Date Issued: 2021-04

A framework to measure employee engagement at Stefanutti Stocks RPM Business Unit

  • Authors: Maher, Theresa
  • Date: 2021-04
  • Subjects: Port Elizabeth (South Africa) , Eastern Cape (South Africa) , South Africa
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/53315 , vital:45142
  • Description: Work gratification and expectancies are of the utmost importance to the skilled workforce in the South African construction industry. The price paid for a demotivated workforce in this industry is very high and it leads to friction in the workplace, displeasing work outcomes and time delays. Furthermore it leads to increased incidences of theft,absenteeism and outputs that arebelow standard in terms of productivityand thequality of the work.In order to motivate the workforce in the construction industry,a day-by-day, step-by-step,hands-on approachmust be used. The aforesaid aids site managers to manage effectively and this in turn leads to an increase in production by way of enhanced productivity. Research shows that a correlationbetweenmotivation, excelling at work, improved productivity and fulfilment and expectancyexist. The reason why individuals act in a specific manner and choose not to act in a certain way can be directly linked totheirmotivation and engagement.As a member ofthe construction industry in South Africa, Stefanutti Stocks isseen as one of the leading construction groups. Employing more than 12 000 workers it has the ability to provide a wide variety of different scale projects for a host of clients in varied markets. The division concentrated on in this study is the Roads, Pipelines and Mining Services (RPM)Business Unit. The MD of the RPM Business Unit when starting at the company a few years ago came to the conclusion that in order for the RPM Business Unit to function optimally certain business inconsistencies regarding employee engagement needed to be addressed. Based on this he decided to use a consulting firm, AIM,to establish what the exact concernswere and what interventions wererequired to deal with them. ivInterventions facilitatedby AIM includedManagement Training Programmes and Workshops as well as one-on-one coaching sessions with selected individuals.The methodology used in this study was to measurethe current level of employee engagement subsequent toengagement interventionsconcludedby AIM.The approach used was the use of surveys distributed through AIM in conjunction with the RPM Business Unit’sHR Department. The surveys were distributed via Survey Monkey Software owned by the RPM Business Unit of Stefanutti Stocks. , Thesis (MBA) -- Faculty of Business and Economic Sciences, NMMU Business School, 2021
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  • Date Issued: 2021-04

A model for smart factories in the consumer health sector

  • Authors: Nherera, Bruce
  • 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/10948/52959 , vital:44879
  • Description: The manufacturing sector, globally, is facing significant challenges due to current societal, economic, environmental, and technological developments. To overcome the challenges into the future, manufacturing organisations will need new capabilities to manage their end to end supply chains to make sure that it is responsive and agile. The Smart factories, as an element of Industry 4.0, drive efficient operations while at the same time ensure that employees are safe, and operations are environmentally sustainable. The ability to be flexible, to be reconfigured and to be connected to customers allows Smart factories to mass customise their customers’ orders and maintain the same efficiencies when compared to mass production operations. Technologies such as the Internet of Things (IoT) in Smart factories must be employed to further drive efficiencies, agility and ease of production by giving operations the capability to respond in real time to problems with machines and customer requests. Smart factory technology allows operational sustainability through the efficient use of resources. The Smart factory revolution is significantly changing the relationship between humans and machines. Based on the literature review conducted, a theoretical model was constructed which was tested at a Consumer Health Organisation to identify the relationship between the dependent and independent factors. The independent factors, specified in the model were job security, organisation culture, training and skills, trust, costs and resources, parent company and standards. , Thesis (MBA) -- Faculty of Business and Economic Sciences, NMU Business School, 2021
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  • Date Issued: 2021-04

A model for smart ports in developing countries

  • Authors: Mcetywa, Kwazelela
  • Date: 2021-04
  • Subjects: Harbors --Design and construction , Harbors-- Economic aspects
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/56012 , vital:54632
  • Description: South African Ports have made a commendable effort in improving productivity through technology and they compete reasonably well with ports in other developing countries. However, sufficient research about the factors that affect the adoption of smart ports and associated benefits have not been adequately explored in South Africa and in other developing countries. The consequence is that ports are faced with high levels of inefficiency, deteriorating logistical performance, poor port productivity, high transport costs and truck congestion. Therefore, the study focuses on determining and evaluating factors that affect the adoption of the smart port’s concept in developing countries in order to improve port productivity and efficiency. A proposed conceptual Smart Port model was developed based on an in-depth review of literature on smart ports, covering both national and international research. The study follows a quantitative research approach and is based on positivism. The sampling frame of the study was limited to 1,350 employees and managers in South African ports. The data was collected from South African port’s employees via an email survey, using an embedded questionnaire. The data collected from a total number of 197 participants were analysed statistically. The confirmed model for smart ports in developing countries shows statistically and practically that a smart port is dependent on operations technology, environmental management, energy consumption, safety and security, integration, infrastructure and equipment and a skilled workforce. One of the key study learnings from the study is that ports should adopt the smart port targeted initiatives in order to transition into smart ports. The developed Smart Port model can be used as a broad guideline to inform ports in South Africa and in other developing countries about the fundamental elements of an ideal port in order to improve their efficiency, competitiveness and to stimulate their growth and profitability. The study is viewed as a success in that it provides the port industry in both developed and developing countries with a deliberate and clearly defined Smart Port model structure, which did not exist before. A follow-on longitudinal study to determine the impact of the changing technologies on the smart ports is recommended among others as a future research opportunity. , Thesis (MBA) -- Faculty of Business and Economic Sciences, NMU Business School, 2021
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  • Date Issued: 2021-04

A systematic review of research into working capital management in South Africa

  • Authors: Watson, Storm Brandon
  • 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/10948/52995 , vital:44906
  • Description: This study is set out to apply mixed methods approach to a systematic review of research into working capital management in South Africa. Research into working capital management has primarily focused on the effect it has on a business’s profitability, liquidity and performance. There is, however, limited research on the topic working capital management in South Africa and, as such, the primary objective of this study is to review research outputs on working capital management in South Africa. The purpose is to identify research gaps in the current body of knowledge by means of the development of a recommendation’s framework. , Thesis (MA) -- Faculty of Business and Economic Sciences, School of Management Sciences, 2021
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  • Date Issued: 2021-04

An analysis of the employability of civil engineering graduate technicians

  • Authors: Ikudayisi, Akinola Mayowa
  • Date: 2021-04
  • Subjects: Job hunting , Career development , Labor market
  • Language: English
  • Type: Master's theses , text
  • Identifier: http://hdl.handle.net/10948/51578 , vital:43312
  • Description: In South Africa, a severe shortage of professional engineers exists compared to the international benchmark of an average population per engineer. This shortage is one of the major causes of poor service and utility delivery at the municipal level. In addition, there is an insufficient number of competent engineers available for ongoing projects. Hence, there is a critical shortage of experienced, engineering professionals, particularly mid-career engineers to be responsible for production works. As a result, Universities of Technology (UoT) were tasked and authorised to train engineering professionals. From research, it was discovered that most of the Civil Engineering Graduate Technicians (CEGT) failed to acquire and develop relevant and essential industry skills during their engineering programme. This makes it difficult for them to be employed in the engineering workplaces. The departments of civil engineering in some South African universities have not evaluated the quality of the education of their CEGT and their employability to work in the engineering industry. This research therefore aims to measure the employability and quality of education of Civil Engineering Graduate Technicians from some South African universities by investigating the experiences of civil engineering alumni and employers of graduates in the engineering industry. This is to determine if the graduate technicians are provided and equipped with relevant industry competencies and skills set to meet the industry’s expectation. An online survey which contains 89 closed-ended questions was designed to allow alumni and their employers assess the standard of education of graduates and industry competence acquired during their engineering programmes. The Universal Resource Link (URL) to the online questionnaire was sent to a sample of 600 respondents using a web-based survey approach. Only seventeen percent of the targeted population completed the survey and that makes 102 respondents in this study. A conceptual model that measures the employability of Civil Engineering Graduate Technicians was also developed. The data gathered was statistically analysed. Varying descriptive and inferential statistics were explored, such as frequency distributions, central measure, dispersion measure, the Cronbach alpha coefficient test, one-sample t-tests, Cohen’s d, Pearson’s product moment correlation, ANOVA, MANOVA, ranking indices and lastly, Exploratory Factor Analysis (EFA). The EFA was employed to ensure the construct validity of the instrument and to identify items which should be removed. Each of these statistics cumulatively performs an empirical evaluation of the Civil Engineering Graduate Technician employability model. From the result of the data analysis, the hypothesised model identified the following factors as having an influence on the employability of Civil Engineering Graduate Technicians: Knowledge Gained, Academic Staff Teaching, Engineering Design Ability, Individual and Teamwork Ability, Participation of each Student, Infrastructure Provided, Problem Solving Skills, Professional and Technical Communication Skills, Workplace Practices, Encouragement in School and Essentiality of Creativity and Innovation. These eleven independent factors from Cronbach’s Alpha coefficient were all found to possess good internal reliability. They all exert a significant positive effect on employability. Additionally, managerial recommendations, limitations to the study and a call for future research were discussed. If these recommendations are implemented, UoTs and employers in the civil engineering industry should be successful in producing work-ready civil engineering technicians. Having these recommendations implemented is fundamental to creating innovative and skilled technicians and engineers in the engineering industry, who can adapt to market changes. Of the competencies assessed, “Individual and Teamwork ability” received the highest and “Infrastructure provided” the lowest rating. Overall, the results indicate that employers are reasonably satisfied with the competencies of Civil Engineering Graduate Technicians but point to the need for the strengthening of “Engineering design ability”, “Professional and technical communication skills” and “Infrastructure provided” competencies within the curriculum of the Diploma programme. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business Administration, 2021
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  • Date Issued: 2021-04

An assessment of risk management in a State-Owned Enterprise (SOE): a case of Transnet engineering

  • Authors: Mnyiphika, Aphiwe
  • 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/10948/53009 , vital:44868
  • Description: State-owned enterprises are facing several challenges. The challenges are associated with several risks in the business environment. Risk management has become increasingly important in the day to operations of any enterprise. This study is conducted to assess risk management implementation and execution within a state-owned enterprise (SOE). The main reason behind this research is that very little is known about risk management in the SOE sector in South Africa, as can be seen by the perpetual failure of these organisations. Therefore, this research focused on assessing the implementation and execution of risk management at Transnet Engineering because it continues to suffer losses as a result of “state capture”. The study sought to find out the role of organisational culture on the adoption of risk management in a state-owned enterprise. the main objectives of the research focused on the impact of commitment on the adoption of risk management in a state-owned enterprise; the function of implementation on the adoption of risk management in a state-owned enterprise; and the impact of monitoring on the adoption of risk management in a state-owned enterprise. A qualitative research methodology was utilised to attain results for these research objectives.The areas focused on Transnet Engineering with it regions and excluded other subdivisions of Transnet such as Transnet National Ports Authority, Freight rail, Port Terminals Pipelines and Properties. Convenience sampling was used to select 10 appropriate participants who were willing to provide the needed information to furnish the study’s findings. Interviews were utilised to collect data for this study. The data that was collected in this study was analysed using thematic analysis. The main findings of this study show that the organisational culture of Transnet Engineering is not enhancing the adoption and implementation of Enterprise Risk Management (ERM). , Thesis (MBA) -- Faculty of Business and Economic Sciences, NMMU Business School, 2021
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  • Date Issued: 2021-04
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