Assessing the impact of the income generating projects funded by the department of social development in Uitenhage, Eastern Cape
- Authors: Charles, Phatheka Patience
- Date: 2019
- Subjects: Economic development projects -- South Africa -- Eastern Cape , Community development -- South Africa -- Eastern Cape Economic assistance, Domestic
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/37947 , vital:34267
- Description: Income-generating projects represent one strategy adopted by the Department of Social Development to alleviate poverty. This study assessed the impact of income-generating projects funded by the department of social development in Uitenhage, Eastern Cape. The study is based on five specific objectives which sought to: assess the effectiveness of income-generating projects in Uitenhage; evaluate the formulation, implementation and overall management of income-generating projects by the Department of Social Development; 3)determine the involvement of the beneficiaries in improving their welfare; assess the roleplayed by the Department of Social Development in capacitating the project; and examine the possible challenges that the projects face that hinder them from achieving the alleviation of poverty. A sample of 22 people was selected to represent the income-generating projects members population. Non-probability sampling techniques were used in choosing the sample. Specifically, purposive sampling was one of the non-probability techniques used to ensure that all the projects were included in the research. Data were collected using questionnaires. The collected data were analyzed by using the documentation method. The result from this study showed that there are different income-generating activities and that all have need for regular monitoring and evaluation visits from officials from the Department. Project members also need training in financial management so that they do not mismanage their project finances. The research findings further indicated, clearly, that strategies currently used by the Department are not effective enough to achieve the desired goals of poverty alleviation.
- Full Text:
- Date Issued: 2019
- Authors: Charles, Phatheka Patience
- Date: 2019
- Subjects: Economic development projects -- South Africa -- Eastern Cape , Community development -- South Africa -- Eastern Cape Economic assistance, Domestic
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/37947 , vital:34267
- Description: Income-generating projects represent one strategy adopted by the Department of Social Development to alleviate poverty. This study assessed the impact of income-generating projects funded by the department of social development in Uitenhage, Eastern Cape. The study is based on five specific objectives which sought to: assess the effectiveness of income-generating projects in Uitenhage; evaluate the formulation, implementation and overall management of income-generating projects by the Department of Social Development; 3)determine the involvement of the beneficiaries in improving their welfare; assess the roleplayed by the Department of Social Development in capacitating the project; and examine the possible challenges that the projects face that hinder them from achieving the alleviation of poverty. A sample of 22 people was selected to represent the income-generating projects members population. Non-probability sampling techniques were used in choosing the sample. Specifically, purposive sampling was one of the non-probability techniques used to ensure that all the projects were included in the research. Data were collected using questionnaires. The collected data were analyzed by using the documentation method. The result from this study showed that there are different income-generating activities and that all have need for regular monitoring and evaluation visits from officials from the Department. Project members also need training in financial management so that they do not mismanage their project finances. The research findings further indicated, clearly, that strategies currently used by the Department are not effective enough to achieve the desired goals of poverty alleviation.
- Full Text:
- Date Issued: 2019
Assessing the local government turnaround strategy (2009) and implementation strategy (2010) focusing on municipal service delivery in rural municipalities. Case study: Ngqushwa Local Municipality
- Authors: Brown, Joelene
- Date: 2019
- Subjects: Municipal services -- South Africa -- Eastern Cape , Local government -- South Africa -- Eastern Cape Human services -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/37731 , vital:34232
- Description: Analysing the root causes of the challenges experienced by local municipalities in service delivery. A single case study research approach was utilised and the study was qualitative in nature. The research focussed on the challenges of rural local municipalities rendering municipal services to their communities and the root causes of these challenges. It furthermore assess whether the Local Government Turnaround Strategy can make a positive impact on service delivery, specifically within rural municipalities such as the Ngqushwa Local Municipality. The case study made use of an in depth literature review based on secondary sources as well as a semi structured interview with the Municipal Manager of the Ngqushwa Local Municipality. In the event that the root causes hampering service delivery can be solved, specifically in rural municipal areas, it will not only assist municipalities to comply with their constitutional duties, but will also assist with various socio-economic problems which exist within communities specifically in rural areas. The researcher experienced reluctance by the relevant employees of municipalities to part take in the research effort and to make themselves available for interviews. Large backlogs exist in relation to service delivery of municipalities specifically in rural areas. The research effort provided relevant information in relation to the root causes of the challenges which are experienced by local municipalities and what problems must be solved in order for municipalities to effectively and efficiently render service to communities in a sustainable manner.
- Full Text:
- Date Issued: 2019
- Authors: Brown, Joelene
- Date: 2019
- Subjects: Municipal services -- South Africa -- Eastern Cape , Local government -- South Africa -- Eastern Cape Human services -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/37731 , vital:34232
- Description: Analysing the root causes of the challenges experienced by local municipalities in service delivery. A single case study research approach was utilised and the study was qualitative in nature. The research focussed on the challenges of rural local municipalities rendering municipal services to their communities and the root causes of these challenges. It furthermore assess whether the Local Government Turnaround Strategy can make a positive impact on service delivery, specifically within rural municipalities such as the Ngqushwa Local Municipality. The case study made use of an in depth literature review based on secondary sources as well as a semi structured interview with the Municipal Manager of the Ngqushwa Local Municipality. In the event that the root causes hampering service delivery can be solved, specifically in rural municipal areas, it will not only assist municipalities to comply with their constitutional duties, but will also assist with various socio-economic problems which exist within communities specifically in rural areas. The researcher experienced reluctance by the relevant employees of municipalities to part take in the research effort and to make themselves available for interviews. Large backlogs exist in relation to service delivery of municipalities specifically in rural areas. The research effort provided relevant information in relation to the root causes of the challenges which are experienced by local municipalities and what problems must be solved in order for municipalities to effectively and efficiently render service to communities in a sustainable manner.
- Full Text:
- Date Issued: 2019
Assessing the readiness for the implementation of municipal standard chart of accounts (mSCOA)
- Authors: Kwetana, Bulumko
- Date: 2019
- Subjects: Municipal finance -- South Africa , Municipal finance -- Accounting -- South Africa Accounting
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/40489 , vital:36170
- Description: The research project was undertaken to explore the readiness for the implementation of the municipal standard chart of accounts (mSCOA) in Eastern Cape municipalities. The Municipal Finance Management Act (MFMA) and other reporting guidelines emphasise on enhancing the quality of information to improve the relevance of financial reporting. They also make emphasis on the importance of preparing regular, accurate and complete financial and performance reports that are supported and evidenced by reliable information. In South Africa, the reporting system of the municipalities has been decentralised, and various municipalities use different financial reporting systems. The recently introduced mSCOA provides a uniform and standardised financial transaction classification framework. Essentially this means that mSCOA prescribes the method (the how) and format (the look) that municipalities and their entities should use to record and classify all expenditure (capital and operating), revenue, assets, liabilities, equity, policy outcomes and legislative reporting. The literature review explores the existing information for correlation with the implementation of mSCOA and recommendations are made to the National Treasury to ensure an approach and conversion plan that would be relevant and practical in the current municipal environment and address all challenges and concerns identified within a reasonable time frame. Overall, the municipalities were not ready for the overall mSCOA implementation as depicted by the challenges municipalities are facing. However, the results of the study showed that stakeholders play a huge role in facilitating the transition to mSCOA and can also create an enabling environment for change. Management should ensure more training mechanisms are in place to ensure all employees are well- versed with the management information systems that they use daily. Management should encourage enterprise risk management principles to be part of the culture of the municipalities on every project. The importance of the research for the public sector resides in recognition of the need for a better understanding of mSCOA as a wide public-sector reform so that significant risks and challenges related to mSCOA implementation are well anticipated.
- Full Text:
- Date Issued: 2019
- Authors: Kwetana, Bulumko
- Date: 2019
- Subjects: Municipal finance -- South Africa , Municipal finance -- Accounting -- South Africa Accounting
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/40489 , vital:36170
- Description: The research project was undertaken to explore the readiness for the implementation of the municipal standard chart of accounts (mSCOA) in Eastern Cape municipalities. The Municipal Finance Management Act (MFMA) and other reporting guidelines emphasise on enhancing the quality of information to improve the relevance of financial reporting. They also make emphasis on the importance of preparing regular, accurate and complete financial and performance reports that are supported and evidenced by reliable information. In South Africa, the reporting system of the municipalities has been decentralised, and various municipalities use different financial reporting systems. The recently introduced mSCOA provides a uniform and standardised financial transaction classification framework. Essentially this means that mSCOA prescribes the method (the how) and format (the look) that municipalities and their entities should use to record and classify all expenditure (capital and operating), revenue, assets, liabilities, equity, policy outcomes and legislative reporting. The literature review explores the existing information for correlation with the implementation of mSCOA and recommendations are made to the National Treasury to ensure an approach and conversion plan that would be relevant and practical in the current municipal environment and address all challenges and concerns identified within a reasonable time frame. Overall, the municipalities were not ready for the overall mSCOA implementation as depicted by the challenges municipalities are facing. However, the results of the study showed that stakeholders play a huge role in facilitating the transition to mSCOA and can also create an enabling environment for change. Management should ensure more training mechanisms are in place to ensure all employees are well- versed with the management information systems that they use daily. Management should encourage enterprise risk management principles to be part of the culture of the municipalities on every project. The importance of the research for the public sector resides in recognition of the need for a better understanding of mSCOA as a wide public-sector reform so that significant risks and challenges related to mSCOA implementation are well anticipated.
- Full Text:
- Date Issued: 2019
Assessment of capacity building programmes offered to cooperatives in the Eastern Cape
- Authors: Salman, Lusanda
- Date: 2019
- Subjects: Cooperative societies -- South Africa -- Eastern Cape , Cooperative societies -- Economic aspects Economic development projects -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/43523 , vital:36905
- Description: Cooperatives play an important role in delivering services to those in need within the communities. Capacity building efforts for cooperatives are very crucial in increasing their effectiveness and to redress problems associated with limited administrative and organisational capacity. By providing technical assistance, training, and grant funds, the functioning of the cooperatives is enhanced and ultimately the outcomes are improved. Despite consensus about the importance of capacity-building, little high-quality evidence exists on the impact of capacity-building investments. This research paper presents the findings from the assessment conducted on the impact of capacity- building initiatives offered to cooperatives. The participants of the study were cooperatives from the Eastern Cape, all eight district municipalities were represented and the study included stakeholders working with cooperatives that included various government departments, agencies and the private sector. Findings from the study provide clear evidence that capacity-building efforts increase the effectiveness of cooperatives to plan, organise and manage their organisations. It has emerged strongly from research that cooperatives that have received capacity-building support in any form, have improved in terms of their functioning compared to those that have never been capacitated before. However, cooperatives are still faced with many challenges specifically relating to operational challenges, which include administration, financial, and governance and weak capability in terms of the knowledge and skills they possess.
- Full Text:
- Date Issued: 2019
- Authors: Salman, Lusanda
- Date: 2019
- Subjects: Cooperative societies -- South Africa -- Eastern Cape , Cooperative societies -- Economic aspects Economic development projects -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/43523 , vital:36905
- Description: Cooperatives play an important role in delivering services to those in need within the communities. Capacity building efforts for cooperatives are very crucial in increasing their effectiveness and to redress problems associated with limited administrative and organisational capacity. By providing technical assistance, training, and grant funds, the functioning of the cooperatives is enhanced and ultimately the outcomes are improved. Despite consensus about the importance of capacity-building, little high-quality evidence exists on the impact of capacity-building investments. This research paper presents the findings from the assessment conducted on the impact of capacity- building initiatives offered to cooperatives. The participants of the study were cooperatives from the Eastern Cape, all eight district municipalities were represented and the study included stakeholders working with cooperatives that included various government departments, agencies and the private sector. Findings from the study provide clear evidence that capacity-building efforts increase the effectiveness of cooperatives to plan, organise and manage their organisations. It has emerged strongly from research that cooperatives that have received capacity-building support in any form, have improved in terms of their functioning compared to those that have never been capacitated before. However, cooperatives are still faced with many challenges specifically relating to operational challenges, which include administration, financial, and governance and weak capability in terms of the knowledge and skills they possess.
- Full Text:
- Date Issued: 2019
Avoiding business failure in south africa
- Authors: Court, Nadine viargaret
- Date: 2019
- Subjects: Business failures -- Prevention -- South Africa , Business failures Success in business Business enterprises -- Management -- South Africa Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/38024 , vital:34284
- Description: The purpose of this study was to develop a comprehensive framework to forecast that a business is entering a distressed situation and to identify the warning signs to look out for before it is too late to turn the business around in order to maintain a sustainable future. The possible solution lies in what business owners and management can do, and look out for, to avoid business failure. The intended contribution of the study was to design a framework for most businesses, especially SMMEs, to follow to avoid business failure. Therefore, it can be seen from this study that it is critical for business owners and management to be innovative in their business to achieve competitive advantage and, as such, remain sustainable. Stakeholder relationships are critical to achieving a competitive advantage. Financial Analysis, Technology Management, Innovation, Organisational Design and Risk Management are interrelated and are very inter-dependent when seeking to avoid business failure. However, innovation and technology management have a significant influence on business failure and, as such, are critical to the success of the business.
- Full Text:
- Date Issued: 2019
- Authors: Court, Nadine viargaret
- Date: 2019
- Subjects: Business failures -- Prevention -- South Africa , Business failures Success in business Business enterprises -- Management -- South Africa Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/38024 , vital:34284
- Description: The purpose of this study was to develop a comprehensive framework to forecast that a business is entering a distressed situation and to identify the warning signs to look out for before it is too late to turn the business around in order to maintain a sustainable future. The possible solution lies in what business owners and management can do, and look out for, to avoid business failure. The intended contribution of the study was to design a framework for most businesses, especially SMMEs, to follow to avoid business failure. Therefore, it can be seen from this study that it is critical for business owners and management to be innovative in their business to achieve competitive advantage and, as such, remain sustainable. Stakeholder relationships are critical to achieving a competitive advantage. Financial Analysis, Technology Management, Innovation, Organisational Design and Risk Management are interrelated and are very inter-dependent when seeking to avoid business failure. However, innovation and technology management have a significant influence on business failure and, as such, are critical to the success of the business.
- Full Text:
- Date Issued: 2019
Blockchain potential and disruptors for South Africa towards 2030
- Authors: Muntean, George
- Date: 2019
- Subjects: Electronic funds transfers -- Security measures , Blockchains (Databases) Finance -- Technological innovations Technological innovations -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41603 , vital:36544
- Description: Blockchain (also called distributed ledger technology), the technology that underpins cryptocurrencies, is resulting in a new era of openness, decentralisation and global inclusion (World Economic Forum, 2017). Blockchain technology is set to complement another emerging field or group of technologies which are collectively defined as the Fourth Industrial Revolution. This revolution is characterised by a “range of new technologies that are blending the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human” (World Economic Forum, 2017). Certain features of Blockchain technology namely; decentralisation, implied anonymity, transparency and immutability presents people with a technology that may well transform business models and indeed entire industries in the world and in South Africa. Some of these industries are explored further in this research, delving into ideas of how Blockchains may add value to them. This research effort approaches Blockchain technology from a future studies perspective, and assesses whether South Africa is ready to embrace the technology. The research also explores what South African stakeholders can do to be better prepared for expected disruptors and opportunities that the technology will bring. South Africa is seen as a developing nation in the global context and can well benefit from strategic use of emerging technologies such as Blockchain. This research effort will implement Inayatullah’s (2008) six pillars methodology, incorporating the various tools and methodologies within each pillar, in an effort to describe and present possible future scenarios for Blockchains in South Africa. This insight will be used to provide well thought out strategic recommendations for South Africa to prepare for adoption of Blockchain technologies, which could ultimately provide a competitive advantage for the country in the global marketplace.
- Full Text:
- Date Issued: 2019
- Authors: Muntean, George
- Date: 2019
- Subjects: Electronic funds transfers -- Security measures , Blockchains (Databases) Finance -- Technological innovations Technological innovations -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41603 , vital:36544
- Description: Blockchain (also called distributed ledger technology), the technology that underpins cryptocurrencies, is resulting in a new era of openness, decentralisation and global inclusion (World Economic Forum, 2017). Blockchain technology is set to complement another emerging field or group of technologies which are collectively defined as the Fourth Industrial Revolution. This revolution is characterised by a “range of new technologies that are blending the physical, digital and biological worlds, impacting all disciplines, economies and industries, and even challenging ideas about what it means to be human” (World Economic Forum, 2017). Certain features of Blockchain technology namely; decentralisation, implied anonymity, transparency and immutability presents people with a technology that may well transform business models and indeed entire industries in the world and in South Africa. Some of these industries are explored further in this research, delving into ideas of how Blockchains may add value to them. This research effort approaches Blockchain technology from a future studies perspective, and assesses whether South Africa is ready to embrace the technology. The research also explores what South African stakeholders can do to be better prepared for expected disruptors and opportunities that the technology will bring. South Africa is seen as a developing nation in the global context and can well benefit from strategic use of emerging technologies such as Blockchain. This research effort will implement Inayatullah’s (2008) six pillars methodology, incorporating the various tools and methodologies within each pillar, in an effort to describe and present possible future scenarios for Blockchains in South Africa. This insight will be used to provide well thought out strategic recommendations for South Africa to prepare for adoption of Blockchain technologies, which could ultimately provide a competitive advantage for the country in the global marketplace.
- Full Text:
- Date Issued: 2019
Changing gender roles: challenges and strategies of female headship in Motherwell
- Authors: Kadaluka, Gloria Thamo
- Date: 2019
- Subjects: Gender roles
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/44541 , vital:38138
- Description: For decades, research has examined men’s perceptions of the changing gender roles, highlighting the masculinity crisis and challenges men encounter due to the decreasing male provider role. Yet, studies have not explored women’s perceptions about these changing roles, which have consequentially enabled them to become female-headed households (FHHs). Part of the problem is that in theory, FHHs have indeed been classified as the poorest of the poor. Nevertheless in practice, governments have neglected efforts to support this group. In South Africa, research on challenges of FHHs is quantitative and portrays an overgeneralised image of poverty in FHHs. This study set out to develop a better understanding of how women make sense of the changing roles, in an attempt to investigate the processes through which women assume their headship status and to examine their challenges and strategies as FHHs. Using a qualitative research design in the form of a case study with a phenomenological study orientation, the study identified 40 female participants and the data was collected using in-depth interviews. Data was analysed through inductive thematic analysis. Findings indicated that female headship occurs through an identifiable process and most women were never married, divorced, separated or widowed. Thus, single motherhood is by choice, because it is a choice for independence. The significant obstacle hindering social progress is that women support the changing gender roles, while at the same time utilising linguistic repertoires to hold on to traditional gender role beliefs that reinforce patriarchy. Their also challenges manifested in a similar behavioral fashion, suggesting the intergenerational transmission of poverty. Poor education, sex for jobs, feminisation of labour, teenage pregnancies, burden of care, dependency burden, discrimination, absence of fathers and inability to balance work and family, are challenges that put FHHs under a sustained attack. These findings indicate that despite being poor, women do not view themselves as victims of poverty. They exercise urgency through forging social capital, salaries and child support grants. However, women are stuck in a poverty trap because their relations of exchange are limited to those women who are equally poor.
- Full Text:
- Date Issued: 2019
- Authors: Kadaluka, Gloria Thamo
- Date: 2019
- Subjects: Gender roles
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/44541 , vital:38138
- Description: For decades, research has examined men’s perceptions of the changing gender roles, highlighting the masculinity crisis and challenges men encounter due to the decreasing male provider role. Yet, studies have not explored women’s perceptions about these changing roles, which have consequentially enabled them to become female-headed households (FHHs). Part of the problem is that in theory, FHHs have indeed been classified as the poorest of the poor. Nevertheless in practice, governments have neglected efforts to support this group. In South Africa, research on challenges of FHHs is quantitative and portrays an overgeneralised image of poverty in FHHs. This study set out to develop a better understanding of how women make sense of the changing roles, in an attempt to investigate the processes through which women assume their headship status and to examine their challenges and strategies as FHHs. Using a qualitative research design in the form of a case study with a phenomenological study orientation, the study identified 40 female participants and the data was collected using in-depth interviews. Data was analysed through inductive thematic analysis. Findings indicated that female headship occurs through an identifiable process and most women were never married, divorced, separated or widowed. Thus, single motherhood is by choice, because it is a choice for independence. The significant obstacle hindering social progress is that women support the changing gender roles, while at the same time utilising linguistic repertoires to hold on to traditional gender role beliefs that reinforce patriarchy. Their also challenges manifested in a similar behavioral fashion, suggesting the intergenerational transmission of poverty. Poor education, sex for jobs, feminisation of labour, teenage pregnancies, burden of care, dependency burden, discrimination, absence of fathers and inability to balance work and family, are challenges that put FHHs under a sustained attack. These findings indicate that despite being poor, women do not view themselves as victims of poverty. They exercise urgency through forging social capital, salaries and child support grants. However, women are stuck in a poverty trap because their relations of exchange are limited to those women who are equally poor.
- Full Text:
- Date Issued: 2019
Community perception of air pollution: health and environmental impact of manganese operations at PE port
- Authors: Mtati, Vuyani
- Date: 2019
- Subjects: Air -- Pollution -- South Africa -- Port Elizabeth , Manganese -- Environmental aspects -- South Africa -- Port Elizabeth Manufacturing industries Environmental health Sustainable development
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41919 , vital:36609
- Description: The Mining industry in South Africa is viewed as the backbone of the country’s economy; however, while benefiting from this engine of economic development, its impact on the environment and health has been of major concern to different stakeholders. The majority of people acknowledge the role of mining in the economy and the country. Others put more emphasis on public health and the environment. Furthermore, manganese plays an important role in the economic growth and development within the Eastern Cape Province. Responding to recent public concern over manganese dust emissions, Port of Port Elizabeth manager, Rajesh Dana, outlined a five-point manganese management plan formulated by Transnet. Mr. Dana stated the following: “We do not dispute the fact that our manganese operation in the Port of Port Elizabeth creates an inconvenience to port tenants and residents. However, as a responsible corporate citizen we have superior operational and compliance controls in place to mitigate these negative impacts.” Some of the concerns raised by community members are that the manganese ore dust has long term negative effects on the health of this city’s residents, the marine life, as well as the properties within, roughly, a 5km (own opinion estimate) radius of the tanks. Port Elizabeth (Nelson Mandela Bay) has the potential to become a tourism and economic hub within this radius and beyond, and by removing this hazard it will allow for a green environment to be established that gives all the citizens as well as tourists, a place to take part in a healthy lifestyle. Some believe that the city, specifically the CBD area, has the potential to be world renowned for green innovations but having a major hazard in the way, which can be moved to, and better controlled at, Coega IDZ, is not only damaging to the health of its citizens but also the economy of the city. Air pollution affects both physical and human environments. Often, communities that are in close proximity to pollution sources are more vulnerable and experience its greatest effect. As a result, many residents complain of negative health related impacts caused by air pollution which is attributed to industries located close to these communities. About two million deaths annually are attributed to urban air pollution worldwide, which is an indication that air pollution remains an enormous health risk to people. Due to the health impacts on humans, air pollution has also been negatively categorised based on perceptions around the world. The aim of the study was to assess the impact of environmental pollution and public health on the South End, Humewood and Humerail occupants and their perceptions of air quality effects and health risks from the Transnet manganese operation in Port Elizabeth. The present study can be described as a quantitative descriptive survey that uncovered serious levels of pollution in the said areas that had dire health consequences for the people involved. The findings of the study indicate that residents live with the constant dust of a variety of chemical pollutants released both by normal Port operations and by periodic incidents caused by other polluters. They experience chronic respiratory symptoms, burning eyes, hearing deficiency and skin irritations. The study revealed that environmental pollution consequences affecting residents are inversely related to distance from the Port. The results obtained in this study are evidence that environmental pollution, especially manganese in the area, is a definite risk to the health of people living within the surrounding area. Although indicating the need to carry out a comprehensive study, the results call for immediate action to engage community members in order for them to understand the risks associated with the Port operations and prevent continued public over-exposure to environmental pollution.
- Full Text:
- Date Issued: 2019
- Authors: Mtati, Vuyani
- Date: 2019
- Subjects: Air -- Pollution -- South Africa -- Port Elizabeth , Manganese -- Environmental aspects -- South Africa -- Port Elizabeth Manufacturing industries Environmental health Sustainable development
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41919 , vital:36609
- Description: The Mining industry in South Africa is viewed as the backbone of the country’s economy; however, while benefiting from this engine of economic development, its impact on the environment and health has been of major concern to different stakeholders. The majority of people acknowledge the role of mining in the economy and the country. Others put more emphasis on public health and the environment. Furthermore, manganese plays an important role in the economic growth and development within the Eastern Cape Province. Responding to recent public concern over manganese dust emissions, Port of Port Elizabeth manager, Rajesh Dana, outlined a five-point manganese management plan formulated by Transnet. Mr. Dana stated the following: “We do not dispute the fact that our manganese operation in the Port of Port Elizabeth creates an inconvenience to port tenants and residents. However, as a responsible corporate citizen we have superior operational and compliance controls in place to mitigate these negative impacts.” Some of the concerns raised by community members are that the manganese ore dust has long term negative effects on the health of this city’s residents, the marine life, as well as the properties within, roughly, a 5km (own opinion estimate) radius of the tanks. Port Elizabeth (Nelson Mandela Bay) has the potential to become a tourism and economic hub within this radius and beyond, and by removing this hazard it will allow for a green environment to be established that gives all the citizens as well as tourists, a place to take part in a healthy lifestyle. Some believe that the city, specifically the CBD area, has the potential to be world renowned for green innovations but having a major hazard in the way, which can be moved to, and better controlled at, Coega IDZ, is not only damaging to the health of its citizens but also the economy of the city. Air pollution affects both physical and human environments. Often, communities that are in close proximity to pollution sources are more vulnerable and experience its greatest effect. As a result, many residents complain of negative health related impacts caused by air pollution which is attributed to industries located close to these communities. About two million deaths annually are attributed to urban air pollution worldwide, which is an indication that air pollution remains an enormous health risk to people. Due to the health impacts on humans, air pollution has also been negatively categorised based on perceptions around the world. The aim of the study was to assess the impact of environmental pollution and public health on the South End, Humewood and Humerail occupants and their perceptions of air quality effects and health risks from the Transnet manganese operation in Port Elizabeth. The present study can be described as a quantitative descriptive survey that uncovered serious levels of pollution in the said areas that had dire health consequences for the people involved. The findings of the study indicate that residents live with the constant dust of a variety of chemical pollutants released both by normal Port operations and by periodic incidents caused by other polluters. They experience chronic respiratory symptoms, burning eyes, hearing deficiency and skin irritations. The study revealed that environmental pollution consequences affecting residents are inversely related to distance from the Port. The results obtained in this study are evidence that environmental pollution, especially manganese in the area, is a definite risk to the health of people living within the surrounding area. Although indicating the need to carry out a comprehensive study, the results call for immediate action to engage community members in order for them to understand the risks associated with the Port operations and prevent continued public over-exposure to environmental pollution.
- Full Text:
- Date Issued: 2019
Companies creating shared value through their business models
- Authors: Ncemane, Bonakele
- Date: 2019
- Subjects: Business planning , Strategic planning Social responsibility of business Capitalism -- Moral and ethical aspects
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42935 , vital:36712
- Description: The subject of this treatise was the construct “Creating Shared Value”. The purpose was to explore the business models companies use to create shared value. The study was based on the life insurance industry. The study employed a qualitative paradigm and four Cases were content analysed. It was found that business models used by the insurance industry increase quality of life and thereby increasing social value; further these business models increases economic value for business through the reduction of insurance costs . This mutual and simultaneous creation of economic value and social value is the underlying principle of the Shared Value Construct. Secondly it was found that business models used by the life insurance companies selected for the study manifested hybrid business models with features of both inclusive and social business models components. Practical implications – Policy makers should consider providing universal coverage based on the emerging hybrid business model as an alternative to National Health Insurance business model that is aimed at compulsory membership of citizens to a medical aids. These model enhance early detection of disease’s which promotes better health management and prevention, literature review correlated this with better productivity, less insurance claims and general wellbeing of the citizens.
- Full Text:
- Date Issued: 2019
- Authors: Ncemane, Bonakele
- Date: 2019
- Subjects: Business planning , Strategic planning Social responsibility of business Capitalism -- Moral and ethical aspects
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/42935 , vital:36712
- Description: The subject of this treatise was the construct “Creating Shared Value”. The purpose was to explore the business models companies use to create shared value. The study was based on the life insurance industry. The study employed a qualitative paradigm and four Cases were content analysed. It was found that business models used by the insurance industry increase quality of life and thereby increasing social value; further these business models increases economic value for business through the reduction of insurance costs . This mutual and simultaneous creation of economic value and social value is the underlying principle of the Shared Value Construct. Secondly it was found that business models used by the life insurance companies selected for the study manifested hybrid business models with features of both inclusive and social business models components. Practical implications – Policy makers should consider providing universal coverage based on the emerging hybrid business model as an alternative to National Health Insurance business model that is aimed at compulsory membership of citizens to a medical aids. These model enhance early detection of disease’s which promotes better health management and prevention, literature review correlated this with better productivity, less insurance claims and general wellbeing of the citizens.
- Full Text:
- Date Issued: 2019
Contribution of the Coega development corporation to small enterprise growth in Nelson Mandela Bay
- Authors: Nakimbugwe, Norris Linda
- Date: 2019
- Subjects: Coega Development Corporation , Small business -- Growth -- South Africa -- Nelson Mandela Bay Municipality Small business -- South Africa -- Nelson Mandela Bay Municipality -- Management
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/42913 , vital:36705
- Description: This study seeks to investigate the contribution of the Coega Development Corporation to Small Enterprise growth in Nelson Mandela Bay Municipality. Current discourse regarding IDZs suggests that their establishment is an engine to economic growth through the attraction of both domestic and foreign investments, as well as the promotion of exports through incentive packages for IDZ companies. While, the attraction of larger FDI corporations may be significant to the growth of the local economy, it can also be a barrier to Small Enterprise Growth due to the influx of larger corporations into the market although the synergetic co-existence of both the larger corporations and the local SMEs is crucial to the overall welfare of economy. With these potential challenges in mind research investigated into the contribution of the Coega IDZ project to the growth of local Small Enterprises in Nelson Mandela Bay. The study adopted a quantitative research design and self-administered questionnaires which were used for data collection from information rich respondents. Overall, findings of this study indicate that the Coega Development Corporation has to some extent contributed to small enterprise growth through its infrastructure projects, some of its existing labour regulations and also through the development of human capital skills of individuals within the small enterprises. These findings were in agreement with some of those from the literature review in the study.
- Full Text:
- Date Issued: 2019
- Authors: Nakimbugwe, Norris Linda
- Date: 2019
- Subjects: Coega Development Corporation , Small business -- Growth -- South Africa -- Nelson Mandela Bay Municipality Small business -- South Africa -- Nelson Mandela Bay Municipality -- Management
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/42913 , vital:36705
- Description: This study seeks to investigate the contribution of the Coega Development Corporation to Small Enterprise growth in Nelson Mandela Bay Municipality. Current discourse regarding IDZs suggests that their establishment is an engine to economic growth through the attraction of both domestic and foreign investments, as well as the promotion of exports through incentive packages for IDZ companies. While, the attraction of larger FDI corporations may be significant to the growth of the local economy, it can also be a barrier to Small Enterprise Growth due to the influx of larger corporations into the market although the synergetic co-existence of both the larger corporations and the local SMEs is crucial to the overall welfare of economy. With these potential challenges in mind research investigated into the contribution of the Coega IDZ project to the growth of local Small Enterprises in Nelson Mandela Bay. The study adopted a quantitative research design and self-administered questionnaires which were used for data collection from information rich respondents. Overall, findings of this study indicate that the Coega Development Corporation has to some extent contributed to small enterprise growth through its infrastructure projects, some of its existing labour regulations and also through the development of human capital skills of individuals within the small enterprises. These findings were in agreement with some of those from the literature review in the study.
- Full Text:
- Date Issued: 2019
Critical determinants of service quality for the port of cape town users
- Authors: Thomas, Darren Roger
- Date: 2019
- Subjects: Physical distribution of goods -- Management , Business logistics -- South Africa -- Cape Town Harbors -- South Africa -- Cape Town Shipping -- South Africa -- Cape Town
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/43845 , vital:37052
- Description: This research study was motivated by the daily observed operational experiences from the perspective of the researcher’s logistics business. Poor levels of operational service quality were observed in the Port of Cape Town during the 2017/2018 “wind season” which occurs from September to March, where the port lost more than 1200-man hours due to wind delays. The poor levels of operational service quality are further compounded by the effects of the wind delays and its impact on congestion at the port which results in financial loss to importers and exporters and their intermodal service providers. Nearly ninety six percent (96%) of exports from South Africa are by sea, therefore South Africa’s trade with the rest of the world is by sea. Thus, ports are important economic contributors and play an important role for both inbound and outbound logistics. Service quality failures affect business-to-business players in the logistics chain. Port users suffer financial and reputational damage when containers, which are shipped via the port, are delayed due to service quality failures. The purpose of this treatise was to determine what the critical determinants of service quality for the Port of Cape Town users are. To achieve this a conceptual research model was developed, where six variables were identified that have an influence on service quality. The six variables identified are Communication, Competence, Access, Reliability, Understanding/Knowing Customer and Tangibles. A literature review was then conducted to determine what the difference between B2C and B2B operational service quality is. This was done by investigating both the similarities and differences between B2C and B2B and providing a review of service quality and customer satisfaction. Similarly, a literature review was also conducted to investigate the contrasts between international and local port service quality. This was achieved by investigating the importance of ports and an overview of the South African port network. An overview of the Port of Cape Town was then provided where inefficiencies in the Port of Cape Town are discussed. Service quality in selected international ports are then discussed before the chapter was concluded by providing a review of service quality at the port of Cape Town’s two closest international competitors. The methodological approach to the study was quantitative research using a survey strategy to test the conceptual model. Analysis was performed through descriptive and inferential statics. Based on the analysis, the study could conclude by making important managerial recommendations that the management of the Port of Cape Town could implement to improve the level of Operational Service Quality at the port. Some of the recommendations are, that the ports staff should be trained in the importance of proactive communication. Port staff should receive regular training with respect to their operational functions. The port should provide a platform which will allow port users to raise concerns or provide compliments related to container operations or port staff interactions. Before communicating start up times after port stoppages, the port needs to take in to consideration the necessary time required to get staff back to their operational posts and other start-up operations when advising the port reopening time to port users. Port management should implement a better maintenance programme for the container handling equipment as it was the respondent’s perception that the handling equipment used in the port is not always in good working condition.
- Full Text:
- Date Issued: 2019
- Authors: Thomas, Darren Roger
- Date: 2019
- Subjects: Physical distribution of goods -- Management , Business logistics -- South Africa -- Cape Town Harbors -- South Africa -- Cape Town Shipping -- South Africa -- Cape Town
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/43845 , vital:37052
- Description: This research study was motivated by the daily observed operational experiences from the perspective of the researcher’s logistics business. Poor levels of operational service quality were observed in the Port of Cape Town during the 2017/2018 “wind season” which occurs from September to March, where the port lost more than 1200-man hours due to wind delays. The poor levels of operational service quality are further compounded by the effects of the wind delays and its impact on congestion at the port which results in financial loss to importers and exporters and their intermodal service providers. Nearly ninety six percent (96%) of exports from South Africa are by sea, therefore South Africa’s trade with the rest of the world is by sea. Thus, ports are important economic contributors and play an important role for both inbound and outbound logistics. Service quality failures affect business-to-business players in the logistics chain. Port users suffer financial and reputational damage when containers, which are shipped via the port, are delayed due to service quality failures. The purpose of this treatise was to determine what the critical determinants of service quality for the Port of Cape Town users are. To achieve this a conceptual research model was developed, where six variables were identified that have an influence on service quality. The six variables identified are Communication, Competence, Access, Reliability, Understanding/Knowing Customer and Tangibles. A literature review was then conducted to determine what the difference between B2C and B2B operational service quality is. This was done by investigating both the similarities and differences between B2C and B2B and providing a review of service quality and customer satisfaction. Similarly, a literature review was also conducted to investigate the contrasts between international and local port service quality. This was achieved by investigating the importance of ports and an overview of the South African port network. An overview of the Port of Cape Town was then provided where inefficiencies in the Port of Cape Town are discussed. Service quality in selected international ports are then discussed before the chapter was concluded by providing a review of service quality at the port of Cape Town’s two closest international competitors. The methodological approach to the study was quantitative research using a survey strategy to test the conceptual model. Analysis was performed through descriptive and inferential statics. Based on the analysis, the study could conclude by making important managerial recommendations that the management of the Port of Cape Town could implement to improve the level of Operational Service Quality at the port. Some of the recommendations are, that the ports staff should be trained in the importance of proactive communication. Port staff should receive regular training with respect to their operational functions. The port should provide a platform which will allow port users to raise concerns or provide compliments related to container operations or port staff interactions. Before communicating start up times after port stoppages, the port needs to take in to consideration the necessary time required to get staff back to their operational posts and other start-up operations when advising the port reopening time to port users. Port management should implement a better maintenance programme for the container handling equipment as it was the respondent’s perception that the handling equipment used in the port is not always in good working condition.
- Full Text:
- Date Issued: 2019
Customer loyalty programmes in the South African grocery and retail sector
- Authors: Harmse, Nyree
- Date: 2019
- Subjects: Customer loyalty programs -- South Africa , Customer clubs -- South Africa Grocery trade -- South Africa Food industry and trade -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/39599 , vital:35331
- Description: While there has been substantial research on loyalty programmes, few studies specifically focus on the attitudinal and behavioural components of a loyalty programmes within grocery and retail sector programmes in South Africa. This study is part of a broader study of South African loyalty programmes, but specifically examines the attitudinal and behavioural influences on loyalty programmes in the South African grocery and retail sector. A comprehensive literature review was conducted and factors influencing loyalty programmes were identified. The literature reviewed informed the conceptual model that proposed purchasing behaviour, trust, communication, personalisation, flexibility, rewards and method of participation influenced the success of grocery and retail sector loyalty programmes with attitude and behaviour serving as intermediate variables. The academic literature selected for the study is grounded in the academic theories of social exchange and planned behaviour. The methodology followed was through self-administered questionnaires developed from academic literature. Data were collected from 1090 respondents across South Africa, of which 643 respondents were members of grocery and retail sector loyalty programmes. The data analysis conducted through various descriptive and inferential statistical tests and exploratory factors analysis identified that factors of purchasing behaviour, trust, communication, personalisation, flexibility, rewards and general assessment were factors influencing loyalty programmes. Loyalty programme studies in South Africa are generally conducted on specific loyalty programmes, which are owned by the programme owners and therefore unpublished. This study contributes to the body of knowledge by using academic theory to establish the attitudinal and behavioural factors that affect loyalty programmes within the South African grocery and retail sector. The study concludes with managerial recommendations that grocery and retail sector managers can implement to influence the success of loyalty programmes. Some of the recommendations include the use of communication as a lever to influence other factors and the overall effectiveness of the programme. Other recommendations include data management and rewards that create flexible and personalised experiences.
- Full Text:
- Date Issued: 2019
- Authors: Harmse, Nyree
- Date: 2019
- Subjects: Customer loyalty programs -- South Africa , Customer clubs -- South Africa Grocery trade -- South Africa Food industry and trade -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/39599 , vital:35331
- Description: While there has been substantial research on loyalty programmes, few studies specifically focus on the attitudinal and behavioural components of a loyalty programmes within grocery and retail sector programmes in South Africa. This study is part of a broader study of South African loyalty programmes, but specifically examines the attitudinal and behavioural influences on loyalty programmes in the South African grocery and retail sector. A comprehensive literature review was conducted and factors influencing loyalty programmes were identified. The literature reviewed informed the conceptual model that proposed purchasing behaviour, trust, communication, personalisation, flexibility, rewards and method of participation influenced the success of grocery and retail sector loyalty programmes with attitude and behaviour serving as intermediate variables. The academic literature selected for the study is grounded in the academic theories of social exchange and planned behaviour. The methodology followed was through self-administered questionnaires developed from academic literature. Data were collected from 1090 respondents across South Africa, of which 643 respondents were members of grocery and retail sector loyalty programmes. The data analysis conducted through various descriptive and inferential statistical tests and exploratory factors analysis identified that factors of purchasing behaviour, trust, communication, personalisation, flexibility, rewards and general assessment were factors influencing loyalty programmes. Loyalty programme studies in South Africa are generally conducted on specific loyalty programmes, which are owned by the programme owners and therefore unpublished. This study contributes to the body of knowledge by using academic theory to establish the attitudinal and behavioural factors that affect loyalty programmes within the South African grocery and retail sector. The study concludes with managerial recommendations that grocery and retail sector managers can implement to influence the success of loyalty programmes. Some of the recommendations include the use of communication as a lever to influence other factors and the overall effectiveness of the programme. Other recommendations include data management and rewards that create flexible and personalised experiences.
- Full Text:
- Date Issued: 2019
Determinants of a competitive bunkering service: a South African model
- Authors: Mdlalose, Silindile
- Date: 2019
- Subjects: Ships -- Fuel -- South Africa , Oil transfer operations -- South Africa Coastal water transportation -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41471 , vital:36487
- Description: South Africa is one of the best strategically positioned countries in the world in terms of trade routes from the west to the east. According to the Operation Phakisa research team, about 13 000 vessels visit South African ports annually and nearly 30 000 vessels sail along the South African coast yearly. Yet, less than ten percent of visiting vessels replenish bunkers in the country. This is a lost business opportunity for the South African bunker industry. South Africa has struggled to attract and maintain bunker business for some time. The aim of this study is to establish what the determinants of a competitive bunker industry are. A positivism philosophy is adopted to conduct the study. Using information gathered through a literature review, a conceptualised model for a competitive bunker industry is formulated. The model claims that there is a positive relationship between bunker industry competitiveness and eight independent variables identified in literature. The eight independent variables identified are (i) Bunker Fuel, (ii) Location, (iii) Port Accessibility, (iv) Rules and Regulations, (v) Service, (vi) Infrastructure, (vii) Cost of Service and (viii) Human Capital. A survey is conducted using a questionnaire. The questionnaire was generated specifically to collect primary data. There are 104 usable responses received back from the survey. The response data are used for quantitative data analysis. Quantitative data analysis methods like the EFA, Cronbach’s alpha, one sample t-test and Pearson Moment Correlations’ analysis are employed to test the conceptualised model. Findings show that independent variables (i) Service, (ii) Infrastructure, (iii) Port Accessibility, (iv) Location and (v) Bunker Industry Competitiveness (the independent variable) are contributors to bunker industry competitiveness (dependent variable). The results indicate that to achieve bunker industry competitiveness, the best approach will be to employ a collective approach that will simultaneously consider all of the literature-identified variables. All of the variables will have to be considered and aligned when the strategy for a competitive bunker industry is created.
- Full Text:
- Date Issued: 2019
- Authors: Mdlalose, Silindile
- Date: 2019
- Subjects: Ships -- Fuel -- South Africa , Oil transfer operations -- South Africa Coastal water transportation -- Economic aspects -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41471 , vital:36487
- Description: South Africa is one of the best strategically positioned countries in the world in terms of trade routes from the west to the east. According to the Operation Phakisa research team, about 13 000 vessels visit South African ports annually and nearly 30 000 vessels sail along the South African coast yearly. Yet, less than ten percent of visiting vessels replenish bunkers in the country. This is a lost business opportunity for the South African bunker industry. South Africa has struggled to attract and maintain bunker business for some time. The aim of this study is to establish what the determinants of a competitive bunker industry are. A positivism philosophy is adopted to conduct the study. Using information gathered through a literature review, a conceptualised model for a competitive bunker industry is formulated. The model claims that there is a positive relationship between bunker industry competitiveness and eight independent variables identified in literature. The eight independent variables identified are (i) Bunker Fuel, (ii) Location, (iii) Port Accessibility, (iv) Rules and Regulations, (v) Service, (vi) Infrastructure, (vii) Cost of Service and (viii) Human Capital. A survey is conducted using a questionnaire. The questionnaire was generated specifically to collect primary data. There are 104 usable responses received back from the survey. The response data are used for quantitative data analysis. Quantitative data analysis methods like the EFA, Cronbach’s alpha, one sample t-test and Pearson Moment Correlations’ analysis are employed to test the conceptualised model. Findings show that independent variables (i) Service, (ii) Infrastructure, (iii) Port Accessibility, (iv) Location and (v) Bunker Industry Competitiveness (the independent variable) are contributors to bunker industry competitiveness (dependent variable). The results indicate that to achieve bunker industry competitiveness, the best approach will be to employ a collective approach that will simultaneously consider all of the literature-identified variables. All of the variables will have to be considered and aligned when the strategy for a competitive bunker industry is created.
- Full Text:
- Date Issued: 2019
Determining the effects of debt-to-GDP ratio on the economic growth of Greece, Italy and South Africa
- Mowoe, Merioboroghene Oreoluwa
- Authors: Mowoe, Merioboroghene Oreoluwa
- Date: 2019
- Subjects: Debts, Public -- Greece , Debts, Public -- Italy Debts, Public -- South Africa Economic development Greece -- Economic conditions Italy -- Economic conditions South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/41942 , vital:36611
- Description: A major challenge that most countries currently face, is to bring their economies out of indebtedness. In this study, the impact of public debt on the economic growth of Greece, Italy, and South Africa, and any similarities between them, was analysed. Two models were adopted for this purpose, the ARDL model and the VEC model. The ARDL was used to conduct a co-integration relationship between public debts, economic growth, with four controlled variables: inflation, government spending, net export, and investment. The results showed a negative co-integrating relationship for all three countries. In addition, the VEC model was adopted to determine whether there was causation between public debt and economic growth in each of the three countries. It was found that a unidirectional causality between public debt and economic growth exists for all three countries. For Greece, a long-run causality was found moving from economic growth to public debt. For Italy, short-run and long-run causalities were found, moving from economic growth to public debt. For South Africa, both a long-run and a short-run causality were found moving from public debt to economic growth. The economic growth and development policies for reducing the public debt of these countries, are recommended in accordance with the findings of the research results.
- Full Text:
- Date Issued: 2019
- Authors: Mowoe, Merioboroghene Oreoluwa
- Date: 2019
- Subjects: Debts, Public -- Greece , Debts, Public -- Italy Debts, Public -- South Africa Economic development Greece -- Economic conditions Italy -- Economic conditions South Africa -- Economic conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/41942 , vital:36611
- Description: A major challenge that most countries currently face, is to bring their economies out of indebtedness. In this study, the impact of public debt on the economic growth of Greece, Italy, and South Africa, and any similarities between them, was analysed. Two models were adopted for this purpose, the ARDL model and the VEC model. The ARDL was used to conduct a co-integration relationship between public debts, economic growth, with four controlled variables: inflation, government spending, net export, and investment. The results showed a negative co-integrating relationship for all three countries. In addition, the VEC model was adopted to determine whether there was causation between public debt and economic growth in each of the three countries. It was found that a unidirectional causality between public debt and economic growth exists for all three countries. For Greece, a long-run causality was found moving from economic growth to public debt. For Italy, short-run and long-run causalities were found, moving from economic growth to public debt. For South Africa, both a long-run and a short-run causality were found moving from public debt to economic growth. The economic growth and development policies for reducing the public debt of these countries, are recommended in accordance with the findings of the research results.
- Full Text:
- Date Issued: 2019
Do FDI and public investment crowd in/out domestic private investment in the SADC region?
- Authors: Ngeendepi, Eslon J
- Date: 2019
- Subjects: Investments, Foreign -- Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/49997 , vital:41968
- Description: This paper attempts to contribute to empirical literature on investment theory by examining whether FDI inflows and government capital expenditure crowd-in/out domestic private investment in 15 SADC member states for the period 1991-2017. In order to realise the study objective, the panel Pool Mean Group (PMG)/ARDL technique was employed in estimating the shot-run and long-run relationship between FDI, government capital expenditure, domestic private investment and a further three more variables (interest rate, GDP growth rate and trade openness.) added to the model to form multivariate framework. Findings from the study show that FDI inflow crowd-in domestic private investment in both the short and long run, while government capital expenditure is found to crowd-out domestic private investment in the long-run and crowd-in domestic private investment in the short-run. The study concludes by providing policy recommendations and suggesting areas for further research.
- Full Text:
- Date Issued: 2019
- Authors: Ngeendepi, Eslon J
- Date: 2019
- Subjects: Investments, Foreign -- Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/49997 , vital:41968
- Description: This paper attempts to contribute to empirical literature on investment theory by examining whether FDI inflows and government capital expenditure crowd-in/out domestic private investment in 15 SADC member states for the period 1991-2017. In order to realise the study objective, the panel Pool Mean Group (PMG)/ARDL technique was employed in estimating the shot-run and long-run relationship between FDI, government capital expenditure, domestic private investment and a further three more variables (interest rate, GDP growth rate and trade openness.) added to the model to form multivariate framework. Findings from the study show that FDI inflow crowd-in domestic private investment in both the short and long run, while government capital expenditure is found to crowd-out domestic private investment in the long-run and crowd-in domestic private investment in the short-run. The study concludes by providing policy recommendations and suggesting areas for further research.
- Full Text:
- Date Issued: 2019
Effective enterprise risk management: a case of Telkom South Africa
- Authors: Mkula, Tamara
- Date: 2019
- Subjects: Risk management , Organizational change Telkom (Firm : South Africa)
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41054 , vital:36286
- Description: The premise of this research study was to study the phenomenon of Effective Enterprise Risk Management (ERM), to understand the effective enterprise risk management within Telkom SA after the implementation of organisational changes which have seen the company operating in six different business units. Enterprise risk management can no longer be an afterthought in an organisation, it should be integrated into an organisational strategy. Organisations which have successfully integrated an ERM into their organisational strategy have proved to be effective and profitable. However, the intention of this research study was not necessarily to analyse the ERM integration into Telkom’s organisational strategy. Rather, this study explored and described the views of the Telkom SA senior level enterprise risk management professionals in understanding if the recently implemented organisational structure changes did influence, or rather impact the effectiveness of ERM in the organisation. The selective sampling approach was used to accumulate relevant ERM data through unstructured, individual and in-depth interviews with ERM professionals in each of the six different business units at Telkom SA. A four-step data analysis interactive model was employed to analyse data collected for the study. Major findings were related to lack of ERM alignment in different business units, broad scope of ERM with no well-defined roles and responsibilities, lack of ERM skills, lack of established ERM risk committees. Some positives were those of more visibility in organisational risk, improved management of enterprise risk and increased accountability.
- Full Text:
- Date Issued: 2019
- Authors: Mkula, Tamara
- Date: 2019
- Subjects: Risk management , Organizational change Telkom (Firm : South Africa)
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41054 , vital:36286
- Description: The premise of this research study was to study the phenomenon of Effective Enterprise Risk Management (ERM), to understand the effective enterprise risk management within Telkom SA after the implementation of organisational changes which have seen the company operating in six different business units. Enterprise risk management can no longer be an afterthought in an organisation, it should be integrated into an organisational strategy. Organisations which have successfully integrated an ERM into their organisational strategy have proved to be effective and profitable. However, the intention of this research study was not necessarily to analyse the ERM integration into Telkom’s organisational strategy. Rather, this study explored and described the views of the Telkom SA senior level enterprise risk management professionals in understanding if the recently implemented organisational structure changes did influence, or rather impact the effectiveness of ERM in the organisation. The selective sampling approach was used to accumulate relevant ERM data through unstructured, individual and in-depth interviews with ERM professionals in each of the six different business units at Telkom SA. A four-step data analysis interactive model was employed to analyse data collected for the study. Major findings were related to lack of ERM alignment in different business units, broad scope of ERM with no well-defined roles and responsibilities, lack of ERM skills, lack of established ERM risk committees. Some positives were those of more visibility in organisational risk, improved management of enterprise risk and increased accountability.
- Full Text:
- Date Issued: 2019
Effectiveness of rural development programmes in marginalized rural areas: Umzimvubu Local Municipality
- Authors: Mndela, Ntandokazi
- Date: 2019
- Subjects: Rural development -- South Africa -- Eastern Cape , Sustainable development -- South Africa -- Eastern Cape Economic development projects -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/41043 , vital:36285
- Description: Rural development projects (RDPs) present a means to develop communities while providing employment for community members in marginalised rural areas (MRAs). This study investigated the efficacy of RDPs by focussing on a target RDP in the Umzimvubu local municipality. In the area under investigation, a community development project was established by the community members with the aid of the government. The project witnessed a gradual death over time. This study investigated the reasons for failure of the community development project with the objective of determining the efficacy of RDP as a means to emancipate marginalised rural communities, and to provide guidelines that could be used in initiating and maintaining the sustainable operation of future rural community development projects. The study was conducted through a descriptive research approach. Questionnaires were employed to collect information. The study revealed that poor project management and monitoring and a lack of community participation, community input in decision-making, participation of young people and continued technical and financial support from the government were the major challenges confronting this community development projects in MRAs. Furthermore, the study revealed that the impacts of RDPs were more prominent at a micro-level, as beneficiaries were mostly the people directly associated with the project. The study concluded by prescribing a set of guidelines that could be adopted in starting and running RDPs in the future.
- Full Text:
- Date Issued: 2019
- Authors: Mndela, Ntandokazi
- Date: 2019
- Subjects: Rural development -- South Africa -- Eastern Cape , Sustainable development -- South Africa -- Eastern Cape Economic development projects -- South Africa -- Eastern Cape
- Language: English
- Type: Thesis , Masters , MA
- Identifier: http://hdl.handle.net/10948/41043 , vital:36285
- Description: Rural development projects (RDPs) present a means to develop communities while providing employment for community members in marginalised rural areas (MRAs). This study investigated the efficacy of RDPs by focussing on a target RDP in the Umzimvubu local municipality. In the area under investigation, a community development project was established by the community members with the aid of the government. The project witnessed a gradual death over time. This study investigated the reasons for failure of the community development project with the objective of determining the efficacy of RDP as a means to emancipate marginalised rural communities, and to provide guidelines that could be used in initiating and maintaining the sustainable operation of future rural community development projects. The study was conducted through a descriptive research approach. Questionnaires were employed to collect information. The study revealed that poor project management and monitoring and a lack of community participation, community input in decision-making, participation of young people and continued technical and financial support from the government were the major challenges confronting this community development projects in MRAs. Furthermore, the study revealed that the impacts of RDPs were more prominent at a micro-level, as beneficiaries were mostly the people directly associated with the project. The study concluded by prescribing a set of guidelines that could be adopted in starting and running RDPs in the future.
- Full Text:
- Date Issued: 2019
Efficient market hypothesis in South Africa: an analysis using the flexible form unit root test
- Authors: Nomatye, Anelisa
- Date: 2019
- Subjects: Stocks -- Prices -- South Africa , Stock exchanges -- South Africa Stocks -- South Africa Johannesburg Stock Exchange Economic indicators -- South Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/42825 , vital:36697
- Description: An efficient stock market is characterised by prices that are reflective of all the information such that there are no opportunities for arbitrageurs. In an efficient market, it is impossible to beat the market, therefore it follows that stock prices in an efficient market should follow a random walk. This study investigates whether the Johannesburg Stock Exchange (JSE) is an efficient market using the JSE Top 40 listed stocks, thus the relevance of the EMH in the current South African market is analysed. A corerlation analysis is undertaken to find whether the individual stocks in the different sectors are correlated in their returns, or if there are any intersector correlations. This analysis showed that individual sector stocks are mostly correlated, however, the individual sector stocks do not show a relationship with common sectors. The data used is monthly data of the individual stocks from 31 January 1999 to 30 June 2018. The study takes into consideration that the period is post the Asian Contagion and during the dot.com bubble. Also considered is the Global Financial crisis that occurred in 2007/2008. The study period thus allows enough time for market corerction. The study utilises the conventional unit root tests; the augmented Dickey-Fuller (ADF), Phillips- Perron (PP) and the Kwiatkowski–Phillips–Schmidt–Shin (KPSS) tests. Also utilised are modified unit root tests of Elliot, Rothenburg and Stock (ERS) (1996) as well as Ng and Perron (2001). Due to criticisms of the initially utilised unit roots, the nonlinear test of Kapetanois et al. (2003) and the Flexible Fourier form (FFF) is employed. Based on the empirical analysis, the study demonstrates that although the studies received conflicting evidence the FFF demonstrates the most “power” of the tests, thus is deemed to provide more accurate results. This test provided evidence of stationarity in the JSE market, thus implying inefficiency. The results were different for only two of the forty stocks, namely, Shoprite and Bidvest which implied efficiency. The study thus found that the EMH is not relevant to the current South African market and other theories should be considered in analysing the market. This also provides a case for behavioural finance to be analysed, as the assumption that all investors are rational is questioned.
- Full Text:
- Date Issued: 2019
- Authors: Nomatye, Anelisa
- Date: 2019
- Subjects: Stocks -- Prices -- South Africa , Stock exchanges -- South Africa Stocks -- South Africa Johannesburg Stock Exchange Economic indicators -- South Africa
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/42825 , vital:36697
- Description: An efficient stock market is characterised by prices that are reflective of all the information such that there are no opportunities for arbitrageurs. In an efficient market, it is impossible to beat the market, therefore it follows that stock prices in an efficient market should follow a random walk. This study investigates whether the Johannesburg Stock Exchange (JSE) is an efficient market using the JSE Top 40 listed stocks, thus the relevance of the EMH in the current South African market is analysed. A corerlation analysis is undertaken to find whether the individual stocks in the different sectors are correlated in their returns, or if there are any intersector correlations. This analysis showed that individual sector stocks are mostly correlated, however, the individual sector stocks do not show a relationship with common sectors. The data used is monthly data of the individual stocks from 31 January 1999 to 30 June 2018. The study takes into consideration that the period is post the Asian Contagion and during the dot.com bubble. Also considered is the Global Financial crisis that occurred in 2007/2008. The study period thus allows enough time for market corerction. The study utilises the conventional unit root tests; the augmented Dickey-Fuller (ADF), Phillips- Perron (PP) and the Kwiatkowski–Phillips–Schmidt–Shin (KPSS) tests. Also utilised are modified unit root tests of Elliot, Rothenburg and Stock (ERS) (1996) as well as Ng and Perron (2001). Due to criticisms of the initially utilised unit roots, the nonlinear test of Kapetanois et al. (2003) and the Flexible Fourier form (FFF) is employed. Based on the empirical analysis, the study demonstrates that although the studies received conflicting evidence the FFF demonstrates the most “power” of the tests, thus is deemed to provide more accurate results. This test provided evidence of stationarity in the JSE market, thus implying inefficiency. The results were different for only two of the forty stocks, namely, Shoprite and Bidvest which implied efficiency. The study thus found that the EMH is not relevant to the current South African market and other theories should be considered in analysing the market. This also provides a case for behavioural finance to be analysed, as the assumption that all investors are rational is questioned.
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- Date Issued: 2019
Efficient market hypothesis with structural breaks: evidence from BRICS stock markets
- Authors: Guduza, Sinazo
- Date: 2019
- Subjects: Stock exchanges , Investment analysis Developing countries -- Economic conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/42342 , vital:36647
- Description: The study is an examination of weak form market efficiency (EMH) in BRICS equity markets using weekly data spanning from 2005 to 2018. The study makes use linear as well as nonlinear unit rot tests, that is, the ADF and KSS tests respectively. For more robust results, the study uses the Integer Flexible Fourier Function (IFFF) and the Fractional Frequency Flexible Fourier Function (FFFFF) to account for smooth structural breaks. The study investigates the full sample period and splits the empirical data into three sub-samples corresponding to the period succeeding the global financial crisis, the BRICS summits and the BRICS Development Bank (BDB). This study, to the best of our knowledge, is the first to investigate the efficiency in the BRICS stock markets using a combination of the specified series of unit root tests. Moreover, there are no prior studies that have examined these markets for the sub-samples mentioned above. Our empirical results point us to convincing evidence of weak form inefficiency as the majority of the results reject the null hypothesis of a unit root.
- Full Text:
- Date Issued: 2019
- Authors: Guduza, Sinazo
- Date: 2019
- Subjects: Stock exchanges , Investment analysis Developing countries -- Economic conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/42342 , vital:36647
- Description: The study is an examination of weak form market efficiency (EMH) in BRICS equity markets using weekly data spanning from 2005 to 2018. The study makes use linear as well as nonlinear unit rot tests, that is, the ADF and KSS tests respectively. For more robust results, the study uses the Integer Flexible Fourier Function (IFFF) and the Fractional Frequency Flexible Fourier Function (FFFFF) to account for smooth structural breaks. The study investigates the full sample period and splits the empirical data into three sub-samples corresponding to the period succeeding the global financial crisis, the BRICS summits and the BRICS Development Bank (BDB). This study, to the best of our knowledge, is the first to investigate the efficiency in the BRICS stock markets using a combination of the specified series of unit root tests. Moreover, there are no prior studies that have examined these markets for the sub-samples mentioned above. Our empirical results point us to convincing evidence of weak form inefficiency as the majority of the results reject the null hypothesis of a unit root.
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- Date Issued: 2019
Electric cars: their carbon implications and adoption in South Africa
- Authors: Moeletsi, Mokhele Edmond
- Date: 2019
- Subjects: Electric vehicles -- Economic aspects , Electric vehicles -- South Africa Power resources -- South Africa Sustainable development -- South Africa Energy policy -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41886 , vital:36606
- Description: Climate change is a reality that is starting to have an impact on society through decreased agricultural production and increased extreme weather events, resulting to worldwide disasters. It is caused by human activities that release greenhouse gas emissions into the atmosphere. One of the key areas of concern is the mobility sector which accounts for around 20% of the total energy use, with a GHG footprint of close to 14% of the global emissions. International organisations are concerned about the elevating GHG emissions resulting from the increasing internal combustion engine vehicles, leading to the recent wave in electrifying the vehicles which presents many of advantages as well as major constraints. This study used the quantitative research approach to investigate the possible benefits of electric vehicles to our environment in the future. The projections of vehicle population size were estimated using three cases, and the electric vehicle penetration into the market by 2030 was investigated with four different scenarios. Further research was done to investigate the possible barriers present in the South African market that impede the adoption of electric vehicles. The results showed that the projection of the business-as-usual case, coupled with mitigation scenarios, present a better option for mitigation. The worst case of exponential increases in vehicle population does not present any GHG emissions moderation hope for any of the mitigation scenarios used in the study. The other case shows high mitigation potential, but it leads to a case of economic decline where the numbers of vehicles are decreasing with time. The findings of the study on barriers to adoption of electric vehicles in the market highlighted the high purchase price, high battery price and high likelihood for owning a secondary vehicle based on the current circumstances, as the main barriers that the respondents in the Gauteng Province found to be unattractive. But generally the willingness to buy electric vehicles was high for the majority of the factors that were presented. With these perceived positive opinions by the respondents, it is down to government and private companies to provide an environment conducive to changed opinions conducive for the consumers. This relates to advancing the technology and providing policy support for the accelerated adoption of electric vehicles.
- Full Text:
- Date Issued: 2019
- Authors: Moeletsi, Mokhele Edmond
- Date: 2019
- Subjects: Electric vehicles -- Economic aspects , Electric vehicles -- South Africa Power resources -- South Africa Sustainable development -- South Africa Energy policy -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/41886 , vital:36606
- Description: Climate change is a reality that is starting to have an impact on society through decreased agricultural production and increased extreme weather events, resulting to worldwide disasters. It is caused by human activities that release greenhouse gas emissions into the atmosphere. One of the key areas of concern is the mobility sector which accounts for around 20% of the total energy use, with a GHG footprint of close to 14% of the global emissions. International organisations are concerned about the elevating GHG emissions resulting from the increasing internal combustion engine vehicles, leading to the recent wave in electrifying the vehicles which presents many of advantages as well as major constraints. This study used the quantitative research approach to investigate the possible benefits of electric vehicles to our environment in the future. The projections of vehicle population size were estimated using three cases, and the electric vehicle penetration into the market by 2030 was investigated with four different scenarios. Further research was done to investigate the possible barriers present in the South African market that impede the adoption of electric vehicles. The results showed that the projection of the business-as-usual case, coupled with mitigation scenarios, present a better option for mitigation. The worst case of exponential increases in vehicle population does not present any GHG emissions moderation hope for any of the mitigation scenarios used in the study. The other case shows high mitigation potential, but it leads to a case of economic decline where the numbers of vehicles are decreasing with time. The findings of the study on barriers to adoption of electric vehicles in the market highlighted the high purchase price, high battery price and high likelihood for owning a secondary vehicle based on the current circumstances, as the main barriers that the respondents in the Gauteng Province found to be unattractive. But generally the willingness to buy electric vehicles was high for the majority of the factors that were presented. With these perceived positive opinions by the respondents, it is down to government and private companies to provide an environment conducive to changed opinions conducive for the consumers. This relates to advancing the technology and providing policy support for the accelerated adoption of electric vehicles.
- Full Text:
- Date Issued: 2019