Business cycle synchronization in SACU countries: a wavelet coherence analysis
- Authors: Khoza, Sithobile X
- Date: 2022-12
- Subjects: Economic cycles , Synchronization -- (SACU) Countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60221 , vital:63844
- Description: The discussion on the viability of the Southern African Customs Union (SACU) as a monetary union has been ongoing for years. SACU is the oldest Customs Union in history, formed in 1910. Employing the Optimum Currency Areas (OCA) theory, the study examined SACU’s readiness for a single currency. There are several technical requirements needed to form an OCA, however, one of the most vital of these with regards to a country’s suitability to enter a currency union is Business Cycle Synchronization. Therefore, SACU’s readiness was tested by establishing Business Cycle synchronization between the 5 member states. Although Business Cycles Synchronization have not been proven, SACU countries have moved towards a complete monetary union because of increasing macroeconomic convergence. Our study using Wavelet analysis sets out to establish if there is a synchronization of Business cycles with SACU members. Cyclical components were isolated, from the real GDP growth rate of each country from 1981 to 2020, using the Hodrick-Prescott filter (HP), Band-Pass filter (BP), and the Christiano-Fitzgerald Filter (CF). In the 2 by 2 analysis, our wavelet coherence showed that SACU countries are synchronized with each other, while South Africa displayed its dominance in the union by showing significant synchronization with all the members of the union both in the short and long run. The Vector wavelet analysis results concluded that, as a group, SACU shows much higher degrees of synchronization. The group synchronization is statistically significant throughout the period of study. Furthermore, there is an indication of consistent synchronization, in the long and short run. Overall, the results of our study conclude that there is synchronization in the SACU countries. Therefore, SACU counties can form an OCA as they meet the desirably requirements. , Thesis (MCom) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Khoza, Sithobile X
- Date: 2022-12
- Subjects: Economic cycles , Synchronization -- (SACU) Countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60221 , vital:63844
- Description: The discussion on the viability of the Southern African Customs Union (SACU) as a monetary union has been ongoing for years. SACU is the oldest Customs Union in history, formed in 1910. Employing the Optimum Currency Areas (OCA) theory, the study examined SACU’s readiness for a single currency. There are several technical requirements needed to form an OCA, however, one of the most vital of these with regards to a country’s suitability to enter a currency union is Business Cycle Synchronization. Therefore, SACU’s readiness was tested by establishing Business Cycle synchronization between the 5 member states. Although Business Cycles Synchronization have not been proven, SACU countries have moved towards a complete monetary union because of increasing macroeconomic convergence. Our study using Wavelet analysis sets out to establish if there is a synchronization of Business cycles with SACU members. Cyclical components were isolated, from the real GDP growth rate of each country from 1981 to 2020, using the Hodrick-Prescott filter (HP), Band-Pass filter (BP), and the Christiano-Fitzgerald Filter (CF). In the 2 by 2 analysis, our wavelet coherence showed that SACU countries are synchronized with each other, while South Africa displayed its dominance in the union by showing significant synchronization with all the members of the union both in the short and long run. The Vector wavelet analysis results concluded that, as a group, SACU shows much higher degrees of synchronization. The group synchronization is statistically significant throughout the period of study. Furthermore, there is an indication of consistent synchronization, in the long and short run. Overall, the results of our study conclude that there is synchronization in the SACU countries. Therefore, SACU counties can form an OCA as they meet the desirably requirements. , Thesis (MCom) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
Caring behaviour of midwives who nurse woman during childbirth in Botswana
- Authors: Potokwane, Nancy Osupile
- Date: 2022-12
- Subjects: Midwives , Childbirth, Botswana
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59821 , vital:62437
- Description: Caring behaviour, which is defined as nurturing another to whom one feels a personal sense of commitment and responsibility, is fundamental to the psychosocial component of midwifery. Midwives ought to show respect, kindness and continuous psychosocial support during childbirth to women, who have the right to receive the highest possible standard of care and to be treated with dignity and respect before, during and after childbirth. However, an increasing number of complaints of the uncaring behaviour of midwives towards labouring women has indicated a problem that has not been fully researched. Therefore, the study aimed to identify and describe caring behaviours in the context of midwives in Botswana; determine the inhibiting factors of caring behaviours of midwives during childbirth; and make recommendations to midwives and unit managers based on Swanson’s (1991) Theory of Caring, which might lead to the optimisation of caring behaviour in Botswana midwives. A quantitative, descriptive research design was followed to answer the research questions, and a structured, self-administered questionnaire, which had been developed by the researcher based on the literature review, was used to capture data. A purposive sampling method was used to select 200 respondents working in maternity units in the Kgatleng and Greater Gaborone regional health districts in Botswana. The questionnaire was evaluated for reliability and validity to ensure that it consistently and accurately measured what it was intended to measure. A pilot study was conducted with 10 midwives who met the criteria for participation in the study to pre-test the feasibility of the questionnaire in preparation for the main study. In addition, ethical principles, such as informed consent, respect for persons, anonymity, confidentiality and beneficence were followed throughout the study. The questionnaire consisted of questions and statements. It was divided into three sections. Section A: Demographic attributes; Section B: Identification and description of the caring behaviour of midwives: Section C: Determination of the inhibiting factors of caring behaviours in midwifery. The data provided by the respondent’s answers to the questionnaires were statistically analysed using the Statistical Package for Social Science (SPSS®): Version 27 with the assistance of a statistician, thereby generating descriptive and inferential statistics. v The results of the data analysis revealed that most of the respondents provided positive responses, thereby indicating caring behaviour in midwifery practice. However, several factors that inhibit the caring behaviour of midwives were identified, such as a shortage of staff, work overload, a poor working environment, the inconsistent selection of staff for professional development, a lack of equipment, the young age of some of the woman (less than 15 years), the parity of the woman (more than one child) and the negative behaviour of many of the women. Therefore, recommendations for midwives and unit managers based on the five processes of Swanson’s (1991) Theory of Caring were made that could be used to optimise midwifery care in Botswana. , Thesis (MNurs)-- Faculty of Faculty of Health Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Potokwane, Nancy Osupile
- Date: 2022-12
- Subjects: Midwives , Childbirth, Botswana
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59821 , vital:62437
- Description: Caring behaviour, which is defined as nurturing another to whom one feels a personal sense of commitment and responsibility, is fundamental to the psychosocial component of midwifery. Midwives ought to show respect, kindness and continuous psychosocial support during childbirth to women, who have the right to receive the highest possible standard of care and to be treated with dignity and respect before, during and after childbirth. However, an increasing number of complaints of the uncaring behaviour of midwives towards labouring women has indicated a problem that has not been fully researched. Therefore, the study aimed to identify and describe caring behaviours in the context of midwives in Botswana; determine the inhibiting factors of caring behaviours of midwives during childbirth; and make recommendations to midwives and unit managers based on Swanson’s (1991) Theory of Caring, which might lead to the optimisation of caring behaviour in Botswana midwives. A quantitative, descriptive research design was followed to answer the research questions, and a structured, self-administered questionnaire, which had been developed by the researcher based on the literature review, was used to capture data. A purposive sampling method was used to select 200 respondents working in maternity units in the Kgatleng and Greater Gaborone regional health districts in Botswana. The questionnaire was evaluated for reliability and validity to ensure that it consistently and accurately measured what it was intended to measure. A pilot study was conducted with 10 midwives who met the criteria for participation in the study to pre-test the feasibility of the questionnaire in preparation for the main study. In addition, ethical principles, such as informed consent, respect for persons, anonymity, confidentiality and beneficence were followed throughout the study. The questionnaire consisted of questions and statements. It was divided into three sections. Section A: Demographic attributes; Section B: Identification and description of the caring behaviour of midwives: Section C: Determination of the inhibiting factors of caring behaviours in midwifery. The data provided by the respondent’s answers to the questionnaires were statistically analysed using the Statistical Package for Social Science (SPSS®): Version 27 with the assistance of a statistician, thereby generating descriptive and inferential statistics. v The results of the data analysis revealed that most of the respondents provided positive responses, thereby indicating caring behaviour in midwifery practice. However, several factors that inhibit the caring behaviour of midwives were identified, such as a shortage of staff, work overload, a poor working environment, the inconsistent selection of staff for professional development, a lack of equipment, the young age of some of the woman (less than 15 years), the parity of the woman (more than one child) and the negative behaviour of many of the women. Therefore, recommendations for midwives and unit managers based on the five processes of Swanson’s (1991) Theory of Caring were made that could be used to optimise midwifery care in Botswana. , Thesis (MNurs)-- Faculty of Faculty of Health Sciences, 2022
- Full Text:
- Date Issued: 2022-12
Cost control challenges in Eastern Cape Department of Health
- Authors: Ntete, Patrick
- Date: 2022-12
- Subjects: Cost control, Eastern Cape , Health Department
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59799 , vital:62435
- Description: Cost control in the South African public health sector has become a major concern due to the amount of money that the government loses every financial year. If costs in the South African public health sector are not kept under control there might be catastrophic consequences. Regardless of the challenges in controlling costs in the health sector, scant studies have explored the cost control phenomenon, which is seen as a scientific management technique to control and lessen the cost of conducting business. Keeping costs under control in the health sector became particularly important during the COVID-19 pandemic when the budgetary burden on the health sector worsened. This study aimed to identify challenges to cost control in the Eastern Cape Department of Health and come up with recommendations on how the challenges can be addressed. The study followed a qualitative research approach and an interview schedule with open-ended questions was prepared to answer the research questions that were formulated. The research sample consisted of 13 employees of the Eastern Cape Department of Health with work experience ranging between 11 and 15 years to ensure credible data. The study’s findings revealed that the participants who were interviewed had an idea of the cost control concept; that cost containment committees help reduce costs by monitoring and evaluating expenditure to ensure that the funds that are spent result in added value; that cost control is an important concept in the health sector, as it ensures that expenditure is reduced and that the influx of undocumented immigrants exerts unexpected pressure on the health sector as these people are generally not taken into account when the budget is drawn up. Findings from the study could assist in formulating strategies that can be employed to improve cost control in the health sector, for example, immunisation and educating employees and management about cost control measures and how they can be implemented. , Thesis (MBA) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Ntete, Patrick
- Date: 2022-12
- Subjects: Cost control, Eastern Cape , Health Department
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59799 , vital:62435
- Description: Cost control in the South African public health sector has become a major concern due to the amount of money that the government loses every financial year. If costs in the South African public health sector are not kept under control there might be catastrophic consequences. Regardless of the challenges in controlling costs in the health sector, scant studies have explored the cost control phenomenon, which is seen as a scientific management technique to control and lessen the cost of conducting business. Keeping costs under control in the health sector became particularly important during the COVID-19 pandemic when the budgetary burden on the health sector worsened. This study aimed to identify challenges to cost control in the Eastern Cape Department of Health and come up with recommendations on how the challenges can be addressed. The study followed a qualitative research approach and an interview schedule with open-ended questions was prepared to answer the research questions that were formulated. The research sample consisted of 13 employees of the Eastern Cape Department of Health with work experience ranging between 11 and 15 years to ensure credible data. The study’s findings revealed that the participants who were interviewed had an idea of the cost control concept; that cost containment committees help reduce costs by monitoring and evaluating expenditure to ensure that the funds that are spent result in added value; that cost control is an important concept in the health sector, as it ensures that expenditure is reduced and that the influx of undocumented immigrants exerts unexpected pressure on the health sector as these people are generally not taken into account when the budget is drawn up. Findings from the study could assist in formulating strategies that can be employed to improve cost control in the health sector, for example, immunisation and educating employees and management about cost control measures and how they can be implemented. , Thesis (MBA) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
Different dimensions of inequality and sustainable economic growth in Africa
- Authors: Raimi, Rasaq Being
- Date: 2022-12
- Subjects: Inequality , Sustainable development , Economic growth -- Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59884 , vital:62483
- Description: The recent unprecedented economic growth across Africa for over two decades has been anticipated to alleviate poverty and close up the wide inequality gap in the continent; its impact, however, on the vast majority of people in Africa appears to be insignificant as more households are still battling with poverty and the inequality gap is still wide. This has, however, raised empirical questions regarding the nature of the relationship that exists between economic growth and inequality in Africa. Hence, these questions have created gaps in the literature as some studies found positive relationship while other results state otherwise. The study fills the existing gap by re-examining the relationship between dimensions of inequality and sustainable growth in Africa. The study applied parametric and non-parametric econometric techniques on more recent inequalities data covering 28 African countries. Specifically, the study examined the relationship between income inequality and sustainable growth in Africa, investigated the relationship between education inequality and sustainable growth in Africa, analysed the relationship between gender inequality and sustainable growth in Africa and discussed the relationship between land inequality and sustainable growth in Africa. The study covered the period of 1998-2020 and the data for the study were sourced from Standardised World Income Inequality Data Base (SWIID), World Economic Forum, World Bank Online Data Base, Benaabdelaali et al‘s (2012) paper and Ziesemer, THW‘s (2016) paper. Result from the analysis of income inequality and sustainable growth indicates a positive unidirectional relationship between the two variables. The findings suggest that African growth promotes more income inequality and income inequality does not interrupt the growth potential of the continent. The findings further reveal a positive relationship between sustainable growth and poverty rate in African region. This suggests that African economic growth alone cannot solve African poverty problem. Analysis of sustainable growth and education inequality shows an inverse relationship between the two variables. The result indicates that sustainable growth helps in reducing education inequality but a further increase in education inequality drags down sustainable growth in the long-run. Also, poverty is found to have a positive relationship with education inequality in Africa. However, no causal relationship is found between sustainable growth and education inequality but rather a unidirectional causality running from poverty to education inequality in Africa. iv In relation to the gender inequality analysis, the study also found a negative relationship between the two variables. Specifically, while sustainable growth is found to be bridging gender gap, gender inequality on the other hand is found to be a limiting factor on sustainable growth in Africa. The results also indicate a strong positive significant relationship between poverty and gender inequality in Africa. The analysis reveals the vulnerability of African women to poverty and also suggests that many African countries are yet to harness the enormous potentials possessed by women for their regional development. Furthermore, the study found a negative relationship between sustainable growth and land inequality in Africa. The result indicates that unequal land distribution is among the factors preventing Africa from achieving its high dream of sustainable growth and it is further responsible for the severe poverty especially among the rural dwellers where agricultural land is considered as an important determinant of family income. One way causality running from land inequality to sustainable growth is also established via granger causality result which further indicates that uneven land distribution has effects on sustainable growth. Based on these findings, the study concludes that economic growth though has been helping in bridging some dimensions of inequality in Africa, income related inequality is exempted. Also, it is evident that economic growth alone is not adequate to close the wide inequality gap that has persisted for so long in Africa. In conclusion, the study recommended among other things that many African policy makers need to intensify their developmental efforts to reach everyone in their countries so as to effectively fight the ugly poverty situation across the continent. Also, salary structure needs to be revisited across Africa via introduction of appropriate tax to redistribute income and help the low income earners to relatively meet up with the higher income earners. This will help in closing income gap and at the same time alleviate poverty. , Thesis (PHD) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Raimi, Rasaq Being
- Date: 2022-12
- Subjects: Inequality , Sustainable development , Economic growth -- Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59884 , vital:62483
- Description: The recent unprecedented economic growth across Africa for over two decades has been anticipated to alleviate poverty and close up the wide inequality gap in the continent; its impact, however, on the vast majority of people in Africa appears to be insignificant as more households are still battling with poverty and the inequality gap is still wide. This has, however, raised empirical questions regarding the nature of the relationship that exists between economic growth and inequality in Africa. Hence, these questions have created gaps in the literature as some studies found positive relationship while other results state otherwise. The study fills the existing gap by re-examining the relationship between dimensions of inequality and sustainable growth in Africa. The study applied parametric and non-parametric econometric techniques on more recent inequalities data covering 28 African countries. Specifically, the study examined the relationship between income inequality and sustainable growth in Africa, investigated the relationship between education inequality and sustainable growth in Africa, analysed the relationship between gender inequality and sustainable growth in Africa and discussed the relationship between land inequality and sustainable growth in Africa. The study covered the period of 1998-2020 and the data for the study were sourced from Standardised World Income Inequality Data Base (SWIID), World Economic Forum, World Bank Online Data Base, Benaabdelaali et al‘s (2012) paper and Ziesemer, THW‘s (2016) paper. Result from the analysis of income inequality and sustainable growth indicates a positive unidirectional relationship between the two variables. The findings suggest that African growth promotes more income inequality and income inequality does not interrupt the growth potential of the continent. The findings further reveal a positive relationship between sustainable growth and poverty rate in African region. This suggests that African economic growth alone cannot solve African poverty problem. Analysis of sustainable growth and education inequality shows an inverse relationship between the two variables. The result indicates that sustainable growth helps in reducing education inequality but a further increase in education inequality drags down sustainable growth in the long-run. Also, poverty is found to have a positive relationship with education inequality in Africa. However, no causal relationship is found between sustainable growth and education inequality but rather a unidirectional causality running from poverty to education inequality in Africa. iv In relation to the gender inequality analysis, the study also found a negative relationship between the two variables. Specifically, while sustainable growth is found to be bridging gender gap, gender inequality on the other hand is found to be a limiting factor on sustainable growth in Africa. The results also indicate a strong positive significant relationship between poverty and gender inequality in Africa. The analysis reveals the vulnerability of African women to poverty and also suggests that many African countries are yet to harness the enormous potentials possessed by women for their regional development. Furthermore, the study found a negative relationship between sustainable growth and land inequality in Africa. The result indicates that unequal land distribution is among the factors preventing Africa from achieving its high dream of sustainable growth and it is further responsible for the severe poverty especially among the rural dwellers where agricultural land is considered as an important determinant of family income. One way causality running from land inequality to sustainable growth is also established via granger causality result which further indicates that uneven land distribution has effects on sustainable growth. Based on these findings, the study concludes that economic growth though has been helping in bridging some dimensions of inequality in Africa, income related inequality is exempted. Also, it is evident that economic growth alone is not adequate to close the wide inequality gap that has persisted for so long in Africa. In conclusion, the study recommended among other things that many African policy makers need to intensify their developmental efforts to reach everyone in their countries so as to effectively fight the ugly poverty situation across the continent. Also, salary structure needs to be revisited across Africa via introduction of appropriate tax to redistribute income and help the low income earners to relatively meet up with the higher income earners. This will help in closing income gap and at the same time alleviate poverty. , Thesis (PHD) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
Economic impact assessment of the national youth development agency (NYDA) grant fund in the Eastern Cape
- Authors: Fotoyi, Asanda
- Date: 2022-12
- Subjects: Economic impact analysis , Youth development, Eastern Cape
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59424 , vital:62093
- Description: Since the dawn of democracy in South Africa, the country has adopted several youth policies aimed at promoting young peoples’ education and training, employment, entrepreneurship, and healthy lifestyles. Still, however, the country battles high youth unemployment rates, which increased from 35.7% in 2010 to 41.0% in 2019. Such issues exist despite the NYDA being established in 2008 to coordinate youth strategies in the country. The NYDA strategic areas include: economic participation, education and skills development, health and wellbeing, knowledge management, and governance. Of note is that NYDA grant funding has been specifically designed to provide young South African entrepreneurs with an opportunity to access both financial and nonfinancial business support to establish or expand their businesses. Over a period of 7 years (2013-2019), the NYDA has grant funded a significant number of youth-owned businesses across the country, to the value of about R204.5 million. Given the large amount of public funds invested through NYDA grant funding, it is important to assess whether or not this investment has been favourable in terms of achieving its goals. This determination is especially important, as governmental resources are scarce and subject to opportunity cost, in that some alternatives have been forgone in favour of the NYDA mandate. The present study was, therefore, necessary, as, since the inception of NYDA grant funding, its economic impact has not been scientifically measured or assessed. As such, there has not been any scientific basis to justify NYDA grant funding. In particular, this thesis assessed the economic impact of the NYDA grant funding in the Eastern Cape. The effectiveness of the NYDA grant funding was examined against its objectives: improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities. The primary hypothesis was tested using a cost-benefit analysis (CBA). The CBA method was adopted as it is a well-established economic assessment method to test policy interventions. This method is also based on methodological rigour and was determined to be most applicable for this present research endeavour. v The notion behind using the CBA was to quantify the net benefits of NYDA grant funding for youth businesses by comparing the benefits with the corresponding costs. In order to determine other factors that influence the turnovers of NYDA grant funding recipients’ businesses, secondary hypotheses were then tested by using a least absolute deviation (LAD) regression analysis in respect to cross-sectional data relating to the respondents’ annual turnovers over the years 2014-2019. The LAD estimation method was used primarily due to its robustness in comparison to ordinary least squares (OLS). This study made use of a questionnaire to collect data on the demographics of the NYDA grant funding beneficiaries. As well as the beneficiaries’ business characteristics, their subjective perceptions on the impact of the NYDA support interventions, and business-specific challenges. The Raosoft calculator was used to calculate the sample size at a 5% margin of error. The scientifically sound sample size of the respondents, according to the Raosoft calculator, was 246 out of 681 clients. The respondents were drawn from the Eastern Cape areas by means of face-to-face survey interviews as well as a digitised research instrument that was circulated using several online platforms (e.g., email, WhatsApp, and Facebook). The total number of respondents who ultimately participated in this study was 253. In order to achieve Denzin’s (1978) triangulation, a focus group session was also conducted with selected NYDA grant beneficiaries. The focus group discussion for this research was held using the online platform, Microsoft Teams (MS Teams). The survey analysis findings of the study suggest that the demographics of the NYDA grant funding beneficiaries are a general reflection of the Eastern Cape’s overall youth entrepreneurship trends. As such, there were more male youth entrepreneurs compared to female youth entrepreneurs. The involvement of youth in business improved in correspondence with age -groups. The population groups of the grant funding beneficiaries also reflected the country’s racial demographics. In terms of business characteristics, the survey analysis findings revealed that NYDA grant funded businesses function across various sectors of the economy and largely operate out of homes. These businesses primarily serve local households and communities, have generally been operating for 3-5 years, and were largely started because the owner recognised an opportunity in the market. In terms of business assistance from vi NYDA, it was found that the grant funding was mostly utilised for asset finance. In terms of business challenges, market conditions were highlighted as negatively impacting youth businesses. However, the participating business owners were primarily inward-looking when seeking to address their challenges. A further finding from the survey analysis revealed that many NYDA grant funded businesses tended to increase the number of jobs created in the period under review. The CBA findings, in turn, showed that the public expenditure in Eastern Cape youth businesses through NYDA grant funding was economically viable during the period under review, since the benefit-cost ratio (BCR) exceeded ‘1’ (the net present value (NPV) was also positive). The regression estimation findings further indicated gender, education, and industry gross domestic product (GDP) growth rates also had a significant impact on the annual turnovers of the youth businesses. The focus group findings highlighted that most beneficiaries derive value from NYDA grant funding. However, there is scope for improvement in the areas of access to finance, turnaround times, access to markets, links to the entrepreneurship ecosystem, administrative burden, mentorship, monitoring and evaluation (M&E), and organisational culture. Based on the findings of the study, this thesis concludes that in the period under review, in the Eastern Cape, NYDA grant funding yields positive social returns; and delivered on its objectives (i.e., improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities). The empirical findings of this study further supports this thesis’s recommendation for: 1) improvements in the NYDA grant funding budget; 2) closing gender gaps in youth entrepreneurship; 3) improving participation of disabled youth in business support services; 4) promoting entrepreneurship as a career path; 5) providing youth business support in rural areas; 6) diversifying economic sectors of youth businesses; 7) offering access to finance for youth business growth and expansion; 8) establishing youth businesses access to markets; 9) reducing administrative burdens for youth businesses; 10) improving accessibility of business development trainings; 11) offering mentorship for youth entrepreneurs, 12) providing infrastructure for youth businesses; 13) extend Covid-19 relief support for youth businesses; and 14) standardising practises in youth business support services. , Thesis (PHD) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Fotoyi, Asanda
- Date: 2022-12
- Subjects: Economic impact analysis , Youth development, Eastern Cape
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59424 , vital:62093
- Description: Since the dawn of democracy in South Africa, the country has adopted several youth policies aimed at promoting young peoples’ education and training, employment, entrepreneurship, and healthy lifestyles. Still, however, the country battles high youth unemployment rates, which increased from 35.7% in 2010 to 41.0% in 2019. Such issues exist despite the NYDA being established in 2008 to coordinate youth strategies in the country. The NYDA strategic areas include: economic participation, education and skills development, health and wellbeing, knowledge management, and governance. Of note is that NYDA grant funding has been specifically designed to provide young South African entrepreneurs with an opportunity to access both financial and nonfinancial business support to establish or expand their businesses. Over a period of 7 years (2013-2019), the NYDA has grant funded a significant number of youth-owned businesses across the country, to the value of about R204.5 million. Given the large amount of public funds invested through NYDA grant funding, it is important to assess whether or not this investment has been favourable in terms of achieving its goals. This determination is especially important, as governmental resources are scarce and subject to opportunity cost, in that some alternatives have been forgone in favour of the NYDA mandate. The present study was, therefore, necessary, as, since the inception of NYDA grant funding, its economic impact has not been scientifically measured or assessed. As such, there has not been any scientific basis to justify NYDA grant funding. In particular, this thesis assessed the economic impact of the NYDA grant funding in the Eastern Cape. The effectiveness of the NYDA grant funding was examined against its objectives: improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities. The primary hypothesis was tested using a cost-benefit analysis (CBA). The CBA method was adopted as it is a well-established economic assessment method to test policy interventions. This method is also based on methodological rigour and was determined to be most applicable for this present research endeavour. v The notion behind using the CBA was to quantify the net benefits of NYDA grant funding for youth businesses by comparing the benefits with the corresponding costs. In order to determine other factors that influence the turnovers of NYDA grant funding recipients’ businesses, secondary hypotheses were then tested by using a least absolute deviation (LAD) regression analysis in respect to cross-sectional data relating to the respondents’ annual turnovers over the years 2014-2019. The LAD estimation method was used primarily due to its robustness in comparison to ordinary least squares (OLS). This study made use of a questionnaire to collect data on the demographics of the NYDA grant funding beneficiaries. As well as the beneficiaries’ business characteristics, their subjective perceptions on the impact of the NYDA support interventions, and business-specific challenges. The Raosoft calculator was used to calculate the sample size at a 5% margin of error. The scientifically sound sample size of the respondents, according to the Raosoft calculator, was 246 out of 681 clients. The respondents were drawn from the Eastern Cape areas by means of face-to-face survey interviews as well as a digitised research instrument that was circulated using several online platforms (e.g., email, WhatsApp, and Facebook). The total number of respondents who ultimately participated in this study was 253. In order to achieve Denzin’s (1978) triangulation, a focus group session was also conducted with selected NYDA grant beneficiaries. The focus group discussion for this research was held using the online platform, Microsoft Teams (MS Teams). The survey analysis findings of the study suggest that the demographics of the NYDA grant funding beneficiaries are a general reflection of the Eastern Cape’s overall youth entrepreneurship trends. As such, there were more male youth entrepreneurs compared to female youth entrepreneurs. The involvement of youth in business improved in correspondence with age -groups. The population groups of the grant funding beneficiaries also reflected the country’s racial demographics. In terms of business characteristics, the survey analysis findings revealed that NYDA grant funded businesses function across various sectors of the economy and largely operate out of homes. These businesses primarily serve local households and communities, have generally been operating for 3-5 years, and were largely started because the owner recognised an opportunity in the market. In terms of business assistance from vi NYDA, it was found that the grant funding was mostly utilised for asset finance. In terms of business challenges, market conditions were highlighted as negatively impacting youth businesses. However, the participating business owners were primarily inward-looking when seeking to address their challenges. A further finding from the survey analysis revealed that many NYDA grant funded businesses tended to increase the number of jobs created in the period under review. The CBA findings, in turn, showed that the public expenditure in Eastern Cape youth businesses through NYDA grant funding was economically viable during the period under review, since the benefit-cost ratio (BCR) exceeded ‘1’ (the net present value (NPV) was also positive). The regression estimation findings further indicated gender, education, and industry gross domestic product (GDP) growth rates also had a significant impact on the annual turnovers of the youth businesses. The focus group findings highlighted that most beneficiaries derive value from NYDA grant funding. However, there is scope for improvement in the areas of access to finance, turnaround times, access to markets, links to the entrepreneurship ecosystem, administrative burden, mentorship, monitoring and evaluation (M&E), and organisational culture. Based on the findings of the study, this thesis concludes that in the period under review, in the Eastern Cape, NYDA grant funding yields positive social returns; and delivered on its objectives (i.e., improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities). The empirical findings of this study further supports this thesis’s recommendation for: 1) improvements in the NYDA grant funding budget; 2) closing gender gaps in youth entrepreneurship; 3) improving participation of disabled youth in business support services; 4) promoting entrepreneurship as a career path; 5) providing youth business support in rural areas; 6) diversifying economic sectors of youth businesses; 7) offering access to finance for youth business growth and expansion; 8) establishing youth businesses access to markets; 9) reducing administrative burdens for youth businesses; 10) improving accessibility of business development trainings; 11) offering mentorship for youth entrepreneurs, 12) providing infrastructure for youth businesses; 13) extend Covid-19 relief support for youth businesses; and 14) standardising practises in youth business support services. , Thesis (PHD) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
Investigating various product derivatives for a sustainable aquaculture feed supply chain in South Africa
- Authors: Adam, Yusuf
- Date: 2022-12
- Subjects: Derivatives product , sustainable aquaculture , Supply Chain management -- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59531 , vital:62150
- Description: Contemporary aquaculture produces more seafood for growing global nutrition requirements than capture fisheries stocks, but aquaculture practices do have adverse environmental impacts. This research investigated more sustainable marine ecosystem management practices through alternative aquaculture feed ingredients and production systems that mimic natural marine food chains. The aim was to find an alternative feed model to make the industry more sustainable. Content analysis was used to let secondary research complement the empirical research to investigate the perceptions about various product derivatives for a more sustainable aquaculture feed supply chain. The survey entailed distributing 228 questionnaires and only 55 diverse stakeholders responded. By reviewing their perceptions of natural marine organisms and manufactured agricultural ingredients, the call for sustainably produced aquaculture feed could inform future sustainable supply chain management and marine ecosystem stewardship. , Thesis (DBA) -- Faculty of Business and Economic Sciences, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Adam, Yusuf
- Date: 2022-12
- Subjects: Derivatives product , sustainable aquaculture , Supply Chain management -- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59531 , vital:62150
- Description: Contemporary aquaculture produces more seafood for growing global nutrition requirements than capture fisheries stocks, but aquaculture practices do have adverse environmental impacts. This research investigated more sustainable marine ecosystem management practices through alternative aquaculture feed ingredients and production systems that mimic natural marine food chains. The aim was to find an alternative feed model to make the industry more sustainable. Content analysis was used to let secondary research complement the empirical research to investigate the perceptions about various product derivatives for a more sustainable aquaculture feed supply chain. The survey entailed distributing 228 questionnaires and only 55 diverse stakeholders responded. By reviewing their perceptions of natural marine organisms and manufactured agricultural ingredients, the call for sustainably produced aquaculture feed could inform future sustainable supply chain management and marine ecosystem stewardship. , Thesis (DBA) -- Faculty of Business and Economic Sciences, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
Leader preparedness to manage employee wellness at Continental Tyres
- Authors: O’Reilly, Clynn
- Date: 2022-12
- Subjects: Employee management , Health promotion, Continental Tyres
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59809 , vital:62436
- Description: Many businesses are becoming more aware of the importance of employee well-being and health. There has been increasing public interest in merging wellness activities with an employer's obligations. This shift toward healthy workplaces and empowered individuals reflects a correlation between organisational well-being and pleasant psychological states. As a result, several programmes such as Employee Assistance Programmes (EAP) and Employee Wellness Programmes were established to address workplace wellness issues. Employee Wellness Programmes are intervention programmes targeted at improving the well-being of employees. The epidemic has underlined what was already obvious prior to the virus's emergence: that firms no longer require hero leaders. Today's most effective leadership at all levels is not about technical knowledge or knowing all the answers. It is about being human, displaying vulnerability, connecting with others, while being able to unlock their potential, in addition to communicating a clear direction. This study was conducted to determine the preparedness of leaders to manage employee wellness at lower, middle and upper management levels at Continental Tyres South Africa (SA). For this study, primary data was collected by means of semistructured interviews. Qualitative data was collected by conducting interviews with employees from lower, middle and upper management. Face-to-face interviews, using open ended questions, were used to assess managers’ preparedness to address staff wellbeing. Employee wellbeing is a vital component for any organisation's performance in all facets of business operations, according to the findings. Fundamental training is required to ensure leaders are prepared to deal with employee wellness issues. The absence of this training is a major contributor to inadequate policies, procedures, and cultures that should promote employee wellness in an organisation. The lack of training that would contribute to leader preparedness in managing employee wellness has been apparent in this study. Another emerging conclusion that was highlighted in this study is the lack of prioritisation of wellness initiatives and awareness of resources available to employees. This conclusion is a key factor in understanding why there is such a iii deficiency in fundamental training for leaders within the organisation. The lack of prioritisation could have a direct impact on the lack of training offered to leaders in the organisation. , Thesis (MBA) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: O’Reilly, Clynn
- Date: 2022-12
- Subjects: Employee management , Health promotion, Continental Tyres
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59809 , vital:62436
- Description: Many businesses are becoming more aware of the importance of employee well-being and health. There has been increasing public interest in merging wellness activities with an employer's obligations. This shift toward healthy workplaces and empowered individuals reflects a correlation between organisational well-being and pleasant psychological states. As a result, several programmes such as Employee Assistance Programmes (EAP) and Employee Wellness Programmes were established to address workplace wellness issues. Employee Wellness Programmes are intervention programmes targeted at improving the well-being of employees. The epidemic has underlined what was already obvious prior to the virus's emergence: that firms no longer require hero leaders. Today's most effective leadership at all levels is not about technical knowledge or knowing all the answers. It is about being human, displaying vulnerability, connecting with others, while being able to unlock their potential, in addition to communicating a clear direction. This study was conducted to determine the preparedness of leaders to manage employee wellness at lower, middle and upper management levels at Continental Tyres South Africa (SA). For this study, primary data was collected by means of semistructured interviews. Qualitative data was collected by conducting interviews with employees from lower, middle and upper management. Face-to-face interviews, using open ended questions, were used to assess managers’ preparedness to address staff wellbeing. Employee wellbeing is a vital component for any organisation's performance in all facets of business operations, according to the findings. Fundamental training is required to ensure leaders are prepared to deal with employee wellness issues. The absence of this training is a major contributor to inadequate policies, procedures, and cultures that should promote employee wellness in an organisation. The lack of training that would contribute to leader preparedness in managing employee wellness has been apparent in this study. Another emerging conclusion that was highlighted in this study is the lack of prioritisation of wellness initiatives and awareness of resources available to employees. This conclusion is a key factor in understanding why there is such a iii deficiency in fundamental training for leaders within the organisation. The lack of prioritisation could have a direct impact on the lack of training offered to leaders in the organisation. , Thesis (MBA) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
Reciprocal peer reviews : evaluating potential bias and conflict of interest
- Authors: Baca, Zolile
- Date: 2022-12
- Subjects: Reciprocal , Peer review , Conflict of interests
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59358 , vital:62074
- Description: External quality assessments are conducted to provide independent reasonable assurance that an internal audit activity is operating in conformance with the Institute of Internal Auditors’ (IIA) Standards, Code of Ethics, and the extent of compliance with international best practices. The assurance provided by an internal audit activity is relied on by various stakeholders in the organisation for decision-making purposes. Therefore, it is crucial for an independent external quality assessment process to be credible and trustworthy for internal audit stakeholders to know that the internal audit activity conforms with the Standards and Code of Ethics, which in turn allows the stakeholders to rely on assurances and advice provided by the internal audit activity. The objective of this study was to determine the potential existence of a conflict of interest and or bias, in fact or in appearance, when reciprocal peer reviews are performed by people working within the same district and who are familiar with each other. A qualitative research method was followed to achieve the objective of this study and answer the primary research question. A single case study approach was followed in this study using municipalities in the Overberg District to answer the primary research question, with a purposive sampling method used to select relevant participants for the study. Participants were the Audit Committee members, the Municipal Managers, and the Chief Audit Executives from the municipalities in the Overberg District. An interview guide was administered by the researcher to collect the primary research data through semi-structured interviews. The interviews were electronically recorded after permission was obtained from each participant, and each interview session was also transcribed. The primary data collected was then analysed using the In vivo coding method. Each interview transcript was manually analysed to identify key words, phrases or statements that agreed or disagreed with the IIA’s guidance pronouncements in relation to the performance of external quality assessments, with a specific focus on the use of reciprocal peer reviews. The findings of this study indicated that most participants did not perceive reciprocal peer reviews performed by persons working within the same district to be without bias and or conflict of interest, in fact or in appearance because of familiarities and close relations that exist between persons working in the same district in the same sector. The findings revealed that participants would consider the process and results of reciprocal peer reviews to be credible and trustworthy if they were conducted across the district or even across the provincial borders. The findings further showed that participants perceived a full external assessment to be the most reliable and trustworthy method to be used because of the external assessors or assessment teams having the necessary training, knowledge, and experience to perform external quality assessments which give the credibility and trustworthiness that is required for the external quality assessment process.. , Thesis (MCOM) -- Faculty of Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Baca, Zolile
- Date: 2022-12
- Subjects: Reciprocal , Peer review , Conflict of interests
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59358 , vital:62074
- Description: External quality assessments are conducted to provide independent reasonable assurance that an internal audit activity is operating in conformance with the Institute of Internal Auditors’ (IIA) Standards, Code of Ethics, and the extent of compliance with international best practices. The assurance provided by an internal audit activity is relied on by various stakeholders in the organisation for decision-making purposes. Therefore, it is crucial for an independent external quality assessment process to be credible and trustworthy for internal audit stakeholders to know that the internal audit activity conforms with the Standards and Code of Ethics, which in turn allows the stakeholders to rely on assurances and advice provided by the internal audit activity. The objective of this study was to determine the potential existence of a conflict of interest and or bias, in fact or in appearance, when reciprocal peer reviews are performed by people working within the same district and who are familiar with each other. A qualitative research method was followed to achieve the objective of this study and answer the primary research question. A single case study approach was followed in this study using municipalities in the Overberg District to answer the primary research question, with a purposive sampling method used to select relevant participants for the study. Participants were the Audit Committee members, the Municipal Managers, and the Chief Audit Executives from the municipalities in the Overberg District. An interview guide was administered by the researcher to collect the primary research data through semi-structured interviews. The interviews were electronically recorded after permission was obtained from each participant, and each interview session was also transcribed. The primary data collected was then analysed using the In vivo coding method. Each interview transcript was manually analysed to identify key words, phrases or statements that agreed or disagreed with the IIA’s guidance pronouncements in relation to the performance of external quality assessments, with a specific focus on the use of reciprocal peer reviews. The findings of this study indicated that most participants did not perceive reciprocal peer reviews performed by persons working within the same district to be without bias and or conflict of interest, in fact or in appearance because of familiarities and close relations that exist between persons working in the same district in the same sector. The findings revealed that participants would consider the process and results of reciprocal peer reviews to be credible and trustworthy if they were conducted across the district or even across the provincial borders. The findings further showed that participants perceived a full external assessment to be the most reliable and trustworthy method to be used because of the external assessors or assessment teams having the necessary training, knowledge, and experience to perform external quality assessments which give the credibility and trustworthiness that is required for the external quality assessment process.. , Thesis (MCOM) -- Faculty of Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
The determinants of entrepreneurship in African countries
- Authors: Malungane, Neo
- Date: 2022-12
- Subjects: Determinants , Entrepreneurship -- African countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59677 , vital:62349
- Description: This research investigates the determinants of entrepreneurship by examining the statistical relationships between entrepreneurship and macroeconomic, human capital, and institutional quality variables in 50 African countries utilising data from 2000-2018. The study intended to contribute to existing literature with new knowledge on the discipline since there is limited literature on African countries. The Generalised Methods of Moments technique was employed to examine the effect of independent variables on the dependent variable using Stata software. The study findings indicate that domestic credit to the private sector, education and training, the rule of law, political stability and absence of violence/terrorism, regulatory quality have a significant effect on entrepreneurship. The remaining selected variables are insignificant. These findings suggest that smooth access to credit through business loans, trade credits, and other accounts receivables from financial institutions as the primary funding mechanism for businesses. Further encouraging entrepreneurship, the African government should ensure that education and training, particularly entrepreneurial education, is available to all inhabitants. Improving existing laws and regulations and enacting new effective laws and regulations that align with the current African business climate is recommended to protect existing and infant businesses by governing the entire entrepreneurial environment. , Thesis (MEcon) -- Faculty of Business and Economic Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Malungane, Neo
- Date: 2022-12
- Subjects: Determinants , Entrepreneurship -- African countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59677 , vital:62349
- Description: This research investigates the determinants of entrepreneurship by examining the statistical relationships between entrepreneurship and macroeconomic, human capital, and institutional quality variables in 50 African countries utilising data from 2000-2018. The study intended to contribute to existing literature with new knowledge on the discipline since there is limited literature on African countries. The Generalised Methods of Moments technique was employed to examine the effect of independent variables on the dependent variable using Stata software. The study findings indicate that domestic credit to the private sector, education and training, the rule of law, political stability and absence of violence/terrorism, regulatory quality have a significant effect on entrepreneurship. The remaining selected variables are insignificant. These findings suggest that smooth access to credit through business loans, trade credits, and other accounts receivables from financial institutions as the primary funding mechanism for businesses. Further encouraging entrepreneurship, the African government should ensure that education and training, particularly entrepreneurial education, is available to all inhabitants. Improving existing laws and regulations and enacting new effective laws and regulations that align with the current African business climate is recommended to protect existing and infant businesses by governing the entire entrepreneurial environment. , Thesis (MEcon) -- Faculty of Business and Economic Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
The effect of factor endowment on BRICS countries export diversification
- Authors: Olisa,Onyiyechukwu Rebecca
- Date: 2022-12
- Subjects: Factor proportions , Brics countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60037 , vital:62787
- Description: Historically, the expansion of a nation’s export portfolio has always been considered as an important agenda for economic growth, regardless of the nation’s abundant factor of production. In recent decades, the shift in attention of developing nations from export concentration towards export diversification has increased. This is because of the increasing volatility of exports across the globe. This study is therefore conducted to determine the effect of land, human and capital endowments on the BRICS countries’ export diversification. This study utilises the data from the individual BRICS countries from 1995 to 2019 and makes use of the ARDL model, the ridge, lasso, elastic net regressions and quantile regression to determine the long-run and short-run effects. The results of this study show that in Brazil, Russia, India, China and South Africa land endowment promotes export diversification in the long-run. In the short-run it promotes export concentration in Brazil, Russia, India and China. Human endowment promotes export diversification in China in both the long-run and the short-run. For Brazil and South Africa, human endowment only promotes export diversification in the short-run and not the long-run. For Russia and India, in the short-run human endowment promotes export diversification, in the long-run it depends on the regression method utilised. Capital endowment promotes export diversification in Brazil, India, China and South Africa in the short-run. In the long-run depending on the methods, capital endowment promotes export diversification in Brazil, Russia and China. In India and South Africa, capital endowment promotes export concentration and not export diversification in the long-run. This therefore implies that, for the individual BRICS countries, policy makers need to implement the appropriate policies that will enable the positive effect of factor endowment on export diversification, in either/both the long-run and the short-run. , Thesis (MCom) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Olisa,Onyiyechukwu Rebecca
- Date: 2022-12
- Subjects: Factor proportions , Brics countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60037 , vital:62787
- Description: Historically, the expansion of a nation’s export portfolio has always been considered as an important agenda for economic growth, regardless of the nation’s abundant factor of production. In recent decades, the shift in attention of developing nations from export concentration towards export diversification has increased. This is because of the increasing volatility of exports across the globe. This study is therefore conducted to determine the effect of land, human and capital endowments on the BRICS countries’ export diversification. This study utilises the data from the individual BRICS countries from 1995 to 2019 and makes use of the ARDL model, the ridge, lasso, elastic net regressions and quantile regression to determine the long-run and short-run effects. The results of this study show that in Brazil, Russia, India, China and South Africa land endowment promotes export diversification in the long-run. In the short-run it promotes export concentration in Brazil, Russia, India and China. Human endowment promotes export diversification in China in both the long-run and the short-run. For Brazil and South Africa, human endowment only promotes export diversification in the short-run and not the long-run. For Russia and India, in the short-run human endowment promotes export diversification, in the long-run it depends on the regression method utilised. Capital endowment promotes export diversification in Brazil, India, China and South Africa in the short-run. In the long-run depending on the methods, capital endowment promotes export diversification in Brazil, Russia and China. In India and South Africa, capital endowment promotes export concentration and not export diversification in the long-run. This therefore implies that, for the individual BRICS countries, policy makers need to implement the appropriate policies that will enable the positive effect of factor endowment on export diversification, in either/both the long-run and the short-run. , Thesis (MCom) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
The factors influencing professional commitment and job performance of pharmacists in the Nelson Mandela Bay within the Covid-19 environment
- Authors: Sayster, Gary
- Date: 2022-12
- Subjects: Professional ethics , Pharmacists (Nelson Mandela Bay) , COVID-19 (Disease)
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60232 , vital:63986
- Description: Job performance and professional commitment are potent drivers of organisational efficiency and overall organisational prosperity, respectively. The severe lack in research regarding these constructs in relation to the pharmaceutical industry or to pharmacists specifically, provided the prime opportunity for the present research to fill this gap. The aim of the present research was therefore to determine the factors influencing professional commitment and job performance in pharmacists in Nelson Mandela Bay, given the Covid-119 environment. A quantitative research approach was adopted for the present study and involved the distribution of a likert—scale questionnaire measuring the dependent variables – professional commitment and job performance and the independent variables – work stress, job commitment, self-esteem and emotional intelligence. A total of 142 surveys were analysed, signalling a response rate of 94.6 67 %. The key findings of the statical analysis show that work stress is negatively related to affective professional commitment and job performance. Job commitment was positively related to job performance and affective professional commitment and self-esteem have a directly positive effect on affective professional commitment. Social skills and self-motivation (as components of emotional intelligence) had a positive relationship with job performance and professional commitment, respectively. Based on these findings, several managerial implications and recommendations were offered. , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Sayster, Gary
- Date: 2022-12
- Subjects: Professional ethics , Pharmacists (Nelson Mandela Bay) , COVID-19 (Disease)
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60232 , vital:63986
- Description: Job performance and professional commitment are potent drivers of organisational efficiency and overall organisational prosperity, respectively. The severe lack in research regarding these constructs in relation to the pharmaceutical industry or to pharmacists specifically, provided the prime opportunity for the present research to fill this gap. The aim of the present research was therefore to determine the factors influencing professional commitment and job performance in pharmacists in Nelson Mandela Bay, given the Covid-119 environment. A quantitative research approach was adopted for the present study and involved the distribution of a likert—scale questionnaire measuring the dependent variables – professional commitment and job performance and the independent variables – work stress, job commitment, self-esteem and emotional intelligence. A total of 142 surveys were analysed, signalling a response rate of 94.6 67 %. The key findings of the statical analysis show that work stress is negatively related to affective professional commitment and job performance. Job commitment was positively related to job performance and affective professional commitment and self-esteem have a directly positive effect on affective professional commitment. Social skills and self-motivation (as components of emotional intelligence) had a positive relationship with job performance and professional commitment, respectively. Based on these findings, several managerial implications and recommendations were offered. , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
The Impact of COVID-19 on Maritime Operations at the Port of Mossel Bay
- Authors: Mthembu, Sandile
- Date: 2022-12
- Subjects: COVID-19 (Disease) , Maritime Operations, Port of Mossel Bay
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59768 , vital:62422
- Description: The goal of this study is to evaluate the impact of COVID-19 on maritime operations at the Port of Mossel Bay, South Africa (SA) before and during the COVID-19 pandemic. The Port of Mossel Bay is the smallest commercial port in SA. The Transnet National Ports Authority (TNPA), which is owned by the South African government and reports directly to the Department of Public Enterprises, manages and operates the Port of Mossel Bay. The oil and gas industry, as well as a small fishing fleet, are served by the port at Mossel Bay. Although fishing industry is crucial to the local population in the Southern Cape, the Port of Mossel Bay also manages a number of other commercial activities, which greatly contributes to the South African economy and Growth Domestic Product (GDP). The study focused on four companies, which conduct maritime operations at the Port of Mossel Bay, namely, Mossel Bay Transnet Port Authority, PetroSA, SeaVuna and Viking Fishing Operations. Various literature studies were utilised to gather background information for each company, as well as data for comparison, evaluation and interpretation of maritime operations before, during and after the COVID-19 pandemic. Using an interpretivist approach as a research philosophy, a qualitative research methodology was employed. For the qualitative data collection, participants were contacted, after which the data was analysed, leading to the identification of themes. COVID-19 has had a financial and operational influence on maritime operations at the Port of Mossel Bay, according to the empirical findings. Companies created are continuing to implement, steps to ameliorate the impact of the COVID-19 pandemic to ensure that operations are carried out effectively and efficiently. The intention of this study is to contribute to the body of knowledge to improve the effectiveness and efficiency of marine operations in South African waters and beyond before, during and after the COVID-19 pandemic. Additional benefits of this research are to provide a framework of analysis for restoring maritime operations but also to serve as a preventative framework for prolonged or recurring pandemic phenomena in the future. , Thesis (MPhil) -- Faculty of Business and Economic Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Mthembu, Sandile
- Date: 2022-12
- Subjects: COVID-19 (Disease) , Maritime Operations, Port of Mossel Bay
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59768 , vital:62422
- Description: The goal of this study is to evaluate the impact of COVID-19 on maritime operations at the Port of Mossel Bay, South Africa (SA) before and during the COVID-19 pandemic. The Port of Mossel Bay is the smallest commercial port in SA. The Transnet National Ports Authority (TNPA), which is owned by the South African government and reports directly to the Department of Public Enterprises, manages and operates the Port of Mossel Bay. The oil and gas industry, as well as a small fishing fleet, are served by the port at Mossel Bay. Although fishing industry is crucial to the local population in the Southern Cape, the Port of Mossel Bay also manages a number of other commercial activities, which greatly contributes to the South African economy and Growth Domestic Product (GDP). The study focused on four companies, which conduct maritime operations at the Port of Mossel Bay, namely, Mossel Bay Transnet Port Authority, PetroSA, SeaVuna and Viking Fishing Operations. Various literature studies were utilised to gather background information for each company, as well as data for comparison, evaluation and interpretation of maritime operations before, during and after the COVID-19 pandemic. Using an interpretivist approach as a research philosophy, a qualitative research methodology was employed. For the qualitative data collection, participants were contacted, after which the data was analysed, leading to the identification of themes. COVID-19 has had a financial and operational influence on maritime operations at the Port of Mossel Bay, according to the empirical findings. Companies created are continuing to implement, steps to ameliorate the impact of the COVID-19 pandemic to ensure that operations are carried out effectively and efficiently. The intention of this study is to contribute to the body of knowledge to improve the effectiveness and efficiency of marine operations in South African waters and beyond before, during and after the COVID-19 pandemic. Additional benefits of this research are to provide a framework of analysis for restoring maritime operations but also to serve as a preventative framework for prolonged or recurring pandemic phenomena in the future. , Thesis (MPhil) -- Faculty of Business and Economic Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
The Impact of Official Development Assistance and Capital flight on Corruption and the impact of Official Development Assistance, Capital flight and Corruption on Economic growth in sub-Saharan African countries
- Authors: Zandile, Zezethu
- Date: 2022-12
- Subjects: Capital movements , Corruption—Law and legislation , Economic growth--sub-Saharan African countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60199 , vital:63259
- Description: This study sought after the theoretical and empirical investigation of whether Official Development Assistance (ODA), Corruption and Capital flight have any impact on each other and whether they also have an impact on economic growth. This investigation is carried out focusing within the sub-Saharan African region from the year 1995 to 2019. The empirical analysis uses the Panel Autoregressive Distributed Lag (PARDL) model within a Pooled Mean Group (PMG) to evaluate the existence of a long run cointegration that exists between ODA and corruption; Corruption and capital flight; GDP and ODA; GDP and capital flight and lastly Corruption and GDP. Focusing on the long-run, the model confirms a uni-directional long-run relationship from ODA to corruption and a bidirectional long-run relationship between corruption and capital flight. The model also confirms a bi-direction negative long-run relationship between ODA and GDP. GDP is reported to have a negative long-run relationship with corruption. There is a positive and significant relationship from capital flight to GDP which is contradictory to economic theory. This relationship might be due to the fact that there is no standard agreement on what capital flight is and how it is measured or estimated thus leading to such results. Also a shortage of this data has had a major impact on the analysis of these relationships. The Panel ARDL model is a superior model that can account for autocorrelation and thus cannot produce spurious results and thus we can be confident that the results presented on the study are robust. The overall results of the study suggest that the large influx of ODA within the SSA region causes corruption and thus the region needs less ODA and more good governance. , Thesis (MCom) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Zandile, Zezethu
- Date: 2022-12
- Subjects: Capital movements , Corruption—Law and legislation , Economic growth--sub-Saharan African countries
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60199 , vital:63259
- Description: This study sought after the theoretical and empirical investigation of whether Official Development Assistance (ODA), Corruption and Capital flight have any impact on each other and whether they also have an impact on economic growth. This investigation is carried out focusing within the sub-Saharan African region from the year 1995 to 2019. The empirical analysis uses the Panel Autoregressive Distributed Lag (PARDL) model within a Pooled Mean Group (PMG) to evaluate the existence of a long run cointegration that exists between ODA and corruption; Corruption and capital flight; GDP and ODA; GDP and capital flight and lastly Corruption and GDP. Focusing on the long-run, the model confirms a uni-directional long-run relationship from ODA to corruption and a bidirectional long-run relationship between corruption and capital flight. The model also confirms a bi-direction negative long-run relationship between ODA and GDP. GDP is reported to have a negative long-run relationship with corruption. There is a positive and significant relationship from capital flight to GDP which is contradictory to economic theory. This relationship might be due to the fact that there is no standard agreement on what capital flight is and how it is measured or estimated thus leading to such results. Also a shortage of this data has had a major impact on the analysis of these relationships. The Panel ARDL model is a superior model that can account for autocorrelation and thus cannot produce spurious results and thus we can be confident that the results presented on the study are robust. The overall results of the study suggest that the large influx of ODA within the SSA region causes corruption and thus the region needs less ODA and more good governance. , Thesis (MCom) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
The impact of Taxation and corruption on economic growth in South Africa
- Authors: Rabinda, Aluwani Malvin
- Date: 2022-12
- Subjects: Taxation , Corrupt practices , Economic development -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59832 , vital:62444
- Description: Developing countries, such as South Africa, have been on a mission to reduce corruption, particularly in the public sector, and to collect as much revenue as possible through taxation to fund the government expenditures. Low levels of corruption, preferable zero and higher tax collections, can boost a country's economic growth and development by creating jobs and increasing economic activity, which leads to economic growth. South Africa is one of the economies that are characterised by high levels of corruption. For South Africa to attract more foreign investors in the country, it should ensure that resources are used efficiently and that any act of corruption is punished. This study looked at the effects of taxation and corruption on economic growth from 1975 to 2019. An econometric analysis technique was used in the study to test the impact of taxation and corruption on economic growth. The augmented Dickey–Fuller method was used to test for unit root. According to the results of the tests, unit root l(1) is rejected in favour of the stationarity alternative. The empirical analysis used the Autoregressive Distributed Lag Model (ARDL) bounds testing approach of cointegration advocated by Pesaran, Shin, and Smith (2001) to examine for the longrun equilibrium among taxation and corruption on economic growth. The Wald causality test was also used to investigate the causal relationship between taxation, corruption, and economic growth. According to the Bounds test results, there is long-run co-integrating positive relationship between trade openness and GDP, gross capital formation, Corruption, and income taxation. Furthermore, when dependent variable was tested for longrun impact, the results confirmed that taxation and corruption have insignificant impact on economic growth. Trade openness, as a percentage of GDP, has insignificant positive relationship with economic growth in South Africa. Gross Capital Formation, as a percentage of GDP, is positively related to economic growth. Furthermore, short-run findings suggest a positive significant relationship between trade openness as a percentage of Gross domestic product. Corruption and income taxation have negative and insignificant effect on GDP in the short term. Furthermore, GDP and gross capital formation have negative relationship. V Government should also encourage the culture of transparency and accountability as far as corruption is concerned to stimulate economic growth. This will also create a culture where government officials are called upon to explain their government expenditure patterns and be held accountable for any misuse of any funds flowing into the country. , Thesis (MCom)-- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Rabinda, Aluwani Malvin
- Date: 2022-12
- Subjects: Taxation , Corrupt practices , Economic development -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59832 , vital:62444
- Description: Developing countries, such as South Africa, have been on a mission to reduce corruption, particularly in the public sector, and to collect as much revenue as possible through taxation to fund the government expenditures. Low levels of corruption, preferable zero and higher tax collections, can boost a country's economic growth and development by creating jobs and increasing economic activity, which leads to economic growth. South Africa is one of the economies that are characterised by high levels of corruption. For South Africa to attract more foreign investors in the country, it should ensure that resources are used efficiently and that any act of corruption is punished. This study looked at the effects of taxation and corruption on economic growth from 1975 to 2019. An econometric analysis technique was used in the study to test the impact of taxation and corruption on economic growth. The augmented Dickey–Fuller method was used to test for unit root. According to the results of the tests, unit root l(1) is rejected in favour of the stationarity alternative. The empirical analysis used the Autoregressive Distributed Lag Model (ARDL) bounds testing approach of cointegration advocated by Pesaran, Shin, and Smith (2001) to examine for the longrun equilibrium among taxation and corruption on economic growth. The Wald causality test was also used to investigate the causal relationship between taxation, corruption, and economic growth. According to the Bounds test results, there is long-run co-integrating positive relationship between trade openness and GDP, gross capital formation, Corruption, and income taxation. Furthermore, when dependent variable was tested for longrun impact, the results confirmed that taxation and corruption have insignificant impact on economic growth. Trade openness, as a percentage of GDP, has insignificant positive relationship with economic growth in South Africa. Gross Capital Formation, as a percentage of GDP, is positively related to economic growth. Furthermore, short-run findings suggest a positive significant relationship between trade openness as a percentage of Gross domestic product. Corruption and income taxation have negative and insignificant effect on GDP in the short term. Furthermore, GDP and gross capital formation have negative relationship. V Government should also encourage the culture of transparency and accountability as far as corruption is concerned to stimulate economic growth. This will also create a culture where government officials are called upon to explain their government expenditure patterns and be held accountable for any misuse of any funds flowing into the country. , Thesis (MCom)-- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
The Influence of authentic leadership on the workplace safety culture in the tyre industry of South Africa
- Authors: Gallant, Ryan
- Date: 2022-12
- Subjects: Authentic leadership , Work environment, tyre industry -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59403 , vital:62078
- Description: The lost-time injury rate in the South African automotive industry is higher than one per million (Harmony, 2010:2). Other manufacturing and construction industries have embarked on safety programmes to ensure awareness amongst their workers. The leaders in industry should have a significant influence to steer the safety culture in the automotive industry. This study examined the relationship between Authentic leadership and a safety Culture in the tyre industry of South Africa. The purpose of the study was to increase the workplace safety culture in the South African tyre manufacturing industry by investigating whether the implementation of an authentic leadership programs would positively influence workplace culture. An exploratory study used a quantitative research design involving an email survey to examine the relationship between Authentic Leadership and Safety Culture. Authentic leadership and the safety climate were assessed using the Norwegian Offshore Risk and Safety Climate Inventory (NORSC), the Authentic Leadership Questionnaire, and the questionnaire from Fulele and Kadam. Seven safety climate dimensions were mapped onto the questionnaire. The data from the questionnaire were analysed using STATISTICA software. According to respondents there is a very strong relationship between Authentic Leadership and the implantation of OHSA standards in the tyre industry in South Africa. In addition, respondents rated their management’s implementation of the organisation’s safety routines highly. There was a high level of motivation among respondents to act in a safe manner. The motivation of workers to work safety is also strong related to authentic leadership. , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Gallant, Ryan
- Date: 2022-12
- Subjects: Authentic leadership , Work environment, tyre industry -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59403 , vital:62078
- Description: The lost-time injury rate in the South African automotive industry is higher than one per million (Harmony, 2010:2). Other manufacturing and construction industries have embarked on safety programmes to ensure awareness amongst their workers. The leaders in industry should have a significant influence to steer the safety culture in the automotive industry. This study examined the relationship between Authentic leadership and a safety Culture in the tyre industry of South Africa. The purpose of the study was to increase the workplace safety culture in the South African tyre manufacturing industry by investigating whether the implementation of an authentic leadership programs would positively influence workplace culture. An exploratory study used a quantitative research design involving an email survey to examine the relationship between Authentic Leadership and Safety Culture. Authentic leadership and the safety climate were assessed using the Norwegian Offshore Risk and Safety Climate Inventory (NORSC), the Authentic Leadership Questionnaire, and the questionnaire from Fulele and Kadam. Seven safety climate dimensions were mapped onto the questionnaire. The data from the questionnaire were analysed using STATISTICA software. According to respondents there is a very strong relationship between Authentic Leadership and the implantation of OHSA standards in the tyre industry in South Africa. In addition, respondents rated their management’s implementation of the organisation’s safety routines highly. There was a high level of motivation among respondents to act in a safe manner. The motivation of workers to work safety is also strong related to authentic leadership. , Thesis (MBA) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
The influence of societal marketing on green products consumer awareness in Polokwane City, South Africa
- Authors: Kutama, Zwannda Norman
- Date: 2022-12
- Subjects: Markets-Social aspects , green consumerism , Marketing, Polokwane City -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/${Handle} , vital:62370
- Description: Rapid economic growth has resulted in excessive consumption of natural resources, which has intensified the deterioration of the ecological environment. There have been increasing public and consumer concerns about environmental issues, which has resulted in an increasing demand for green products. Despite these concerns, businesses in South Africa are not adequately utilising the societal marketing concept to influence consumer awareness of green products. The primary objective of this study was to investigate the influence of societal marketing on consumer awareness of green products in South Africa. A survey-based method was used to test a theoretically grounded set of hypotheses. Convenience sampling was used to select respondents for the study and data was collected using a 64-item online questionnaire issued to 410 respondents in Limpopo Province, South Africa. The Statistical Package for the Social Sciences, version 26.0, was used to analyse data, through descriptive, spearman rank order correlation analysis, multiple regression analysis, independent sample t-test and one-way analysis of variance (ANOVA). The empirical results revealed that respondents’ perceptions of the items in the 6 P’s marketing scale and the consumer awareness five factor model were positive overall. Results of the reliability test revealed that all the reported Cronbach Alpha values (0.51 - 0.71) were above the recommended guideline value of 0.7, or at least, 0.5 in the early stages of research, an indication that the constructs were reliable. All the means of the constructs seemed reasonable. With the exception of product, the results of the spearman rank order correlation analysis revealed that the correlations between price, promotion, policy and partnership with consumer awareness of green products were practically significant (r = 0.50) and practically visible (0.30). Furthermore, with the exception of product, results of the regression analysis revealed a positive significant relationship between price, place, promotion, policy and partnerships with regard to consumer awareness of green products. This implies that price, promotion, policy and partnership significantly influence consumer awareness of green products. There was no significant difference between gender, age, area of residence and level of income with regard to consumer awareness of green products. With regard to the v level of education, results of the one-way ANOVA revealed a practically visible difference between the means of respondents with high school education and vocational education or its equivalent (d=39), a Bachelor’s (d=46) and Master’s degree or higher (d=42). This is an indication that consumers with vocational education or its equivalent, a Bachelor’s, Master's degree, or a higher qualification, were more aware of green products compared to those with a high school level of education. This research provides valuable insights into consumer awareness of green products in South Africa, with emphasis on the influence of societal marketing on consumer awareness of green products. Thus, there is a need for modern-day organisations to consider societal marketing as one of the organisation's competitive marketing strategies to influence society’s awareness of recent environmental challenges, and the benefits of consuming eco-friendly products. Recommendations with regard to areas for future research are provided in the study. , Thesis (MCOM) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Kutama, Zwannda Norman
- Date: 2022-12
- Subjects: Markets-Social aspects , green consumerism , Marketing, Polokwane City -- South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/${Handle} , vital:62370
- Description: Rapid economic growth has resulted in excessive consumption of natural resources, which has intensified the deterioration of the ecological environment. There have been increasing public and consumer concerns about environmental issues, which has resulted in an increasing demand for green products. Despite these concerns, businesses in South Africa are not adequately utilising the societal marketing concept to influence consumer awareness of green products. The primary objective of this study was to investigate the influence of societal marketing on consumer awareness of green products in South Africa. A survey-based method was used to test a theoretically grounded set of hypotheses. Convenience sampling was used to select respondents for the study and data was collected using a 64-item online questionnaire issued to 410 respondents in Limpopo Province, South Africa. The Statistical Package for the Social Sciences, version 26.0, was used to analyse data, through descriptive, spearman rank order correlation analysis, multiple regression analysis, independent sample t-test and one-way analysis of variance (ANOVA). The empirical results revealed that respondents’ perceptions of the items in the 6 P’s marketing scale and the consumer awareness five factor model were positive overall. Results of the reliability test revealed that all the reported Cronbach Alpha values (0.51 - 0.71) were above the recommended guideline value of 0.7, or at least, 0.5 in the early stages of research, an indication that the constructs were reliable. All the means of the constructs seemed reasonable. With the exception of product, the results of the spearman rank order correlation analysis revealed that the correlations between price, promotion, policy and partnership with consumer awareness of green products were practically significant (r = 0.50) and practically visible (0.30). Furthermore, with the exception of product, results of the regression analysis revealed a positive significant relationship between price, place, promotion, policy and partnerships with regard to consumer awareness of green products. This implies that price, promotion, policy and partnership significantly influence consumer awareness of green products. There was no significant difference between gender, age, area of residence and level of income with regard to consumer awareness of green products. With regard to the v level of education, results of the one-way ANOVA revealed a practically visible difference between the means of respondents with high school education and vocational education or its equivalent (d=39), a Bachelor’s (d=46) and Master’s degree or higher (d=42). This is an indication that consumers with vocational education or its equivalent, a Bachelor’s, Master's degree, or a higher qualification, were more aware of green products compared to those with a high school level of education. This research provides valuable insights into consumer awareness of green products in South Africa, with emphasis on the influence of societal marketing on consumer awareness of green products. Thus, there is a need for modern-day organisations to consider societal marketing as one of the organisation's competitive marketing strategies to influence society’s awareness of recent environmental challenges, and the benefits of consuming eco-friendly products. Recommendations with regard to areas for future research are provided in the study. , Thesis (MCOM) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
The macroeconomic impact of ocean economy financing in South Africa
- Authors: Matekenya, Weliswa
- Date: 2022-12
- Subjects: Macroeconomics , Maritime –- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60305 , vital:64343
- Description: The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment. , Thesis (PHD) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Matekenya, Weliswa
- Date: 2022-12
- Subjects: Macroeconomics , Maritime –- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60305 , vital:64343
- Description: The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment. , Thesis (PHD) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
The Socio-Economic Impact of Poor Governance on South African State-Owned Entities Since the Democratic Dispensation: A Case of Eskom, Transnet and South African Airways
- Authors: Bungane, Ntsikelelo
- Date: 2022-12
- Subjects: Economics—Sociological aspects , corporate governance , Government business enterprises—South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60255 , vital:64144
- Description: Good corporate governance is one of the fundamental principles that enhance the efficiency and sustainability of any entity. It enables an entity to create value for its various stakeholders. This study focuses on the socio-economic impact of poor corporate governance of South African state-owned entities, particularly Eskom, Transnet and South African Airways since the democratic dispensation. The study examines the root cause of poor corporate governance and provides recommendations to address the root cause. Eskom, Transnet and South African Airways, like many other state-owned entities have a significant role in the country’s socio-economic development and yet in recent years they have made news for wrong reasons. There have been numerous reports of poor corporate governance which resulted in the establishment of a Commission of Enquiry into state capture. Two of the three parts of the report of the Commission suggest that poor corporate governance is prevalent in these entities. Some of the root causes that were evident are excessive political interference, ineffective leadership and conflicting governance legislation. This has come at a huge cost to the socio-economic objectives of the government. The future existence of these entities is under treat. There have been notable instances of retrenchments that came at a time when the rate of unemployment is at a record high. Productivity has slowed down, with prolonged periods of unstable power supply being one of the contributing factors. This has suppressed economic growth. These entities have also cost the fiscus billions of rands in government bailouts, funds which could have been used for other important social or capital investment programmes. Some of the suggestions that have been brought forward to curb the culture of poor corporate governance include legislative reform that will provide certainty in terms of governance and provide clear distinctions between the roles of political heads and administrators in the form of board members, COEs and executives. For the recommendations to be effective there needs to be commitment to ethical leadership on the part of political leaders. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Bungane, Ntsikelelo
- Date: 2022-12
- Subjects: Economics—Sociological aspects , corporate governance , Government business enterprises—South Africa
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60255 , vital:64144
- Description: Good corporate governance is one of the fundamental principles that enhance the efficiency and sustainability of any entity. It enables an entity to create value for its various stakeholders. This study focuses on the socio-economic impact of poor corporate governance of South African state-owned entities, particularly Eskom, Transnet and South African Airways since the democratic dispensation. The study examines the root cause of poor corporate governance and provides recommendations to address the root cause. Eskom, Transnet and South African Airways, like many other state-owned entities have a significant role in the country’s socio-economic development and yet in recent years they have made news for wrong reasons. There have been numerous reports of poor corporate governance which resulted in the establishment of a Commission of Enquiry into state capture. Two of the three parts of the report of the Commission suggest that poor corporate governance is prevalent in these entities. Some of the root causes that were evident are excessive political interference, ineffective leadership and conflicting governance legislation. This has come at a huge cost to the socio-economic objectives of the government. The future existence of these entities is under treat. There have been notable instances of retrenchments that came at a time when the rate of unemployment is at a record high. Productivity has slowed down, with prolonged periods of unstable power supply being one of the contributing factors. This has suppressed economic growth. These entities have also cost the fiscus billions of rands in government bailouts, funds which could have been used for other important social or capital investment programmes. Some of the suggestions that have been brought forward to curb the culture of poor corporate governance include legislative reform that will provide certainty in terms of governance and provide clear distinctions between the roles of political heads and administrators in the form of board members, COEs and executives. For the recommendations to be effective there needs to be commitment to ethical leadership on the part of political leaders. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
Understanding of business strategy at different levels of the organisation
- Authors: Ncuthushe, Mboneleli
- Date: 2022-12
- Subjects: Business planning , Organisation
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60122 , vital:63097
- Description: The purpose of this study was to investigate the factors that affect understanding of business strategy at different levels of the organisation. The investigation was done by looking at relationship between the business strategy (as a dependant variable) and the organisational structure, the employee level or position, skills, experience and education (as independent variables). These factors were investigated through the analysis of literature and empirical study. The results of this analysis were recorded through the last two chapters (chapter four and five). As in most organisations, there is sometimes different interpretations of business strategy by employees at different levels (or sometimes across) of the organisational structure. This study does not just seek to add value in the literature but also to equip managers tasked with enrolling out business strategies. The basis of the study emanates from corporate failures associated with the business strategies and the failure of implementation and this is discussed further in chapter one with reference to specific sources. The empirical study that was conducted attracted a good response, as there was more than 100 percent response rate, through the use of latest technology and social media. The main conclusions, managerial implications and theoretical framework that came through from the study, are clearly stated in the last chapter, chapter five and can help managers that formulate or implement to business strategies, to ensure that there is great understanding within their workplaces. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Ncuthushe, Mboneleli
- Date: 2022-12
- Subjects: Business planning , Organisation
- Language: English
- Type: Master's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60122 , vital:63097
- Description: The purpose of this study was to investigate the factors that affect understanding of business strategy at different levels of the organisation. The investigation was done by looking at relationship between the business strategy (as a dependant variable) and the organisational structure, the employee level or position, skills, experience and education (as independent variables). These factors were investigated through the analysis of literature and empirical study. The results of this analysis were recorded through the last two chapters (chapter four and five). As in most organisations, there is sometimes different interpretations of business strategy by employees at different levels (or sometimes across) of the organisational structure. This study does not just seek to add value in the literature but also to equip managers tasked with enrolling out business strategies. The basis of the study emanates from corporate failures associated with the business strategies and the failure of implementation and this is discussed further in chapter one with reference to specific sources. The empirical study that was conducted attracted a good response, as there was more than 100 percent response rate, through the use of latest technology and social media. The main conclusions, managerial implications and theoretical framework that came through from the study, are clearly stated in the last chapter, chapter five and can help managers that formulate or implement to business strategies, to ensure that there is great understanding within their workplaces. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
Using night time data as a measure of gross domestic product in Sub-Saharan Africa
- Authors: Hamman, Nicolene
- Date: 2022-12
- Subjects: Data , Gross domestic product -- Sub-Saharan Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59457 , vital:62119
- Description: Over the last decade, a bold move has been made by researchers to shift focus on improving and establishing accurate and reliable measures of economic activity across the globe. With an everchanging global economic landscape, unreliable GDP statistics and the lack thereof have held a nascent impact on formulating appropriate stabilization policies. This, in turn, have affected the affairs of nations, especially low income and developing ones. In an attempt to find alternative ways to measure economic activity, night time lights data have emerged in numerous empirical studies as a novel way of attempting to measure economic growth and development. Various studies have found this to be useful for countries that do not have statistical capabilities such as poor nations, while other studies have put forward arguments in favour of a possible non-linear relationship between GDP and night time lights data. Against this background, this study implores night time lights data extensively to establish whether it can serve as a possible measure of GDP in Sub-Saharan Africa between 1992 and 2012. Based on the results obtained from testing for a positive correlation between GDP and night time lights data in Sub-Saharan Africa, the study further aim to use night time lights data as a measure of GDP in the regressions against proxies of well-being, urbanization, and environmental degradation. The significance of the study relates to the fact that the estimation accuracy of GDP is positively influenced by spatial and radiation resolution of night time lights data. In addition, by taking a country-specific approach using more advanced econometric estimation techniques, this study improves on the empirical literature pertaining to African countries. All facets of pooled ordinary least squares (POLS), the pooled mean group estimators, as well as the wavelet coherence estimation techniques were the three approaches used to investigated correlations between night time lights data and economic activity. Overall findings indicate little evidence that night time lights data derived from the DMSP-OLS archive can serve as a strong measure of GDP in regressions across the Sub-Saharan African region. Recommendations and avenues for future research are outlined at the end of the study. , Thesis (PhD) -- Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Hamman, Nicolene
- Date: 2022-12
- Subjects: Data , Gross domestic product -- Sub-Saharan Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59457 , vital:62119
- Description: Over the last decade, a bold move has been made by researchers to shift focus on improving and establishing accurate and reliable measures of economic activity across the globe. With an everchanging global economic landscape, unreliable GDP statistics and the lack thereof have held a nascent impact on formulating appropriate stabilization policies. This, in turn, have affected the affairs of nations, especially low income and developing ones. In an attempt to find alternative ways to measure economic activity, night time lights data have emerged in numerous empirical studies as a novel way of attempting to measure economic growth and development. Various studies have found this to be useful for countries that do not have statistical capabilities such as poor nations, while other studies have put forward arguments in favour of a possible non-linear relationship between GDP and night time lights data. Against this background, this study implores night time lights data extensively to establish whether it can serve as a possible measure of GDP in Sub-Saharan Africa between 1992 and 2012. Based on the results obtained from testing for a positive correlation between GDP and night time lights data in Sub-Saharan Africa, the study further aim to use night time lights data as a measure of GDP in the regressions against proxies of well-being, urbanization, and environmental degradation. The significance of the study relates to the fact that the estimation accuracy of GDP is positively influenced by spatial and radiation resolution of night time lights data. In addition, by taking a country-specific approach using more advanced econometric estimation techniques, this study improves on the empirical literature pertaining to African countries. All facets of pooled ordinary least squares (POLS), the pooled mean group estimators, as well as the wavelet coherence estimation techniques were the three approaches used to investigated correlations between night time lights data and economic activity. Overall findings indicate little evidence that night time lights data derived from the DMSP-OLS archive can serve as a strong measure of GDP in regressions across the Sub-Saharan African region. Recommendations and avenues for future research are outlined at the end of the study. , Thesis (PhD) -- Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12