A stakeholder framework for sustainable Supply chain management in the Zimbabwean food industry
- Authors: Munuhwa,Shakerod
- Date: 2022-12
- Subjects: Stakeholder , Supply chain management , Food industry -- Zimbabwe
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60315 , vital:64397
- Description: The food supply chain plays an important role in the Zimbabwean food industry. More so sustainable food supply chain management (SFSCM) is a subject that has not received much attention, and yet it is so pertinent in determining food security in Zimbabwe. Zimbabwe has faced episodes of inadequate grain/cereal food reserves, hence the urgent need to develop a stakeholder framework for sustainable food supply chain management. The main objective of the study was to develop a stakeholder framework for SFSCM in the food industry. To accomplish the main objective, the research intended to achieve the following sub-objectives, namely to: establish the drivers for SFSCM; identify SFSCM practices within the food industry; identify the key stakeholders’ dynamic capabilities (SDCs) in the food industry and identify challenges faced by stakeholders in implementing SFSCM. The study also sought to establish the influence of: SFSCM drivers on implementing SFSCM practices; SFSCM drivers on SDCs; SFSCM practices on SDCs; SFSCM practices on SFSCM performance; SFSCM drivers on SFSCM performance; and SDCs on SFSCM performance. This study further sought to assess the mediation effect of: SFSCM drivers on the relationship between SFSCM practices and SDCs; SDCs on the relationship between SFSCM practices and SFSCM performance; SFSCM drivers on the relationship between SDCs and SFSCM performance and finally to assess the mediation effect of SDCs on the relationship between SFSCM drivers and SFSCM performance. This study employed a pragmatic philosophy that allowed for the collection of primary data using a fixed concurrent mixed methods (qualitative and quantitative) approach. The data analysis for this research included qualitative data from 22 participants and quantitative data from 292 respondents, all of whom were recruited through nine gatekeepers (Grain Marketing Board, Consumer Council of Zimbabwe, Food and Nutrition Association of Zimbabwe, Grain Millers Association of Zimbabwe, Ministry of Lands, Agriculture, Water and Rural Resettlement, Chartered Institute of Purchasing and Supply, Food and Agriculture Organization in Zimbabwe, Confederation of Zimbabwe Retailers and Zimbabwe National Chamber of Commerce). A thematic analysis was used to analyse qualitative data. For the quantitative data, the Statistical Package for the Social Sciences (SPSS) version 27 package was used to perform descriptive analysis, and principal component analysis for factor reduction and dimensional groups. Analysis of a Moment Structures (AMOS 26) program was used viii to perform structural equation modelling (SEM) for model fit evaluations and hypothesis tests. The mixed methods approach (both qualitative and quantitative) results identified regulatory pressure, market pressure, societal pressure, availability of resources, organisational culture and corporate objectives as some of the key SFSCM drivers. Additionally, the results identified the following as the key SFSCM practices: waste management, carbon emission reduction, logistics optimisation, water conservation, energy conservation, cost reduction and price efficiency, employment of competent people, cultivation of profitable grain crops, corporate social responsibility, fair distribution of food, human development on nutritious food consumption, food donations and continuously conducting consumer tastes surveys. Further, the mixed methods approach results cited the following key SDCs: sensing, seizing, reconfiguration, reflexive control, partner development, co-evolving and supply chain integration capabilities. Major challenges faced by stakeholders when implementing SFSCM were also identified and these involved lack of resources, lack of top management commitment, poor information sharing, lack of mutual trust amongst stakeholders, unmotivated employees, lack of government support, ever-changing food regulations, poor customer demand for sustainable and healthy foods, corruption and economic hardship challenges. The study also sought to establish relationships amongst variables. The mixed methods approach results revealed that SFSCM drivers have a positive influence on SFSCM practices, SDCs and SFSCM performance. The results also report a positive and significant influence of SFSCM practices on SDCs. The results further indicate that SDCs have a positive and significant influence on SFSCM performance. Although the qualitative findings reported a positive influence of SFSCM practices on SFSCM performance, the quantitative results from the SEM path analysis reported a very weak positive and insignificant influence of SFSCM practices on SFSCM performance. Mediation analysis was also performed using the quantitative data analysis only, and the results revealed that SFSCM drivers have significant partial mediation effect on the relationship between SFSCM practices and SDCs. The results also report that SDCs have a significant full mediation effect on the relationship between SFSCM practices and SFSCM performance. SFSCM drivers were found to have a significant ix partial mediation influence on the relationship between SDCs and SFSCM performance. Lastly, SDCs have a significant partial mediation effect on the relationship between SFSCM drivers and SFSCM performance. Based on the empirical results, conclusions were drawn, and recommendations were made. The research proposes a new stakeholder framework for SFSCM in the food industry. The study recommends that stakeholders consider providing training and education to all employees about the critical role of SFSCM in ensuring Zimbabwe's food security. Additionally, policymakers are urged to implement supply chain anticorruption and fair-trading policies in order to boost SFSCM performance. Stakeholder institutions are also urged to reward internal stakeholders who perform exceptionally well in terms of SFSCM in order to positively motivate all staff, and ultimately improve SFSCM. , Thesis (PHD) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Munuhwa,Shakerod
- Date: 2022-12
- Subjects: Stakeholder , Supply chain management , Food industry -- Zimbabwe
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60315 , vital:64397
- Description: The food supply chain plays an important role in the Zimbabwean food industry. More so sustainable food supply chain management (SFSCM) is a subject that has not received much attention, and yet it is so pertinent in determining food security in Zimbabwe. Zimbabwe has faced episodes of inadequate grain/cereal food reserves, hence the urgent need to develop a stakeholder framework for sustainable food supply chain management. The main objective of the study was to develop a stakeholder framework for SFSCM in the food industry. To accomplish the main objective, the research intended to achieve the following sub-objectives, namely to: establish the drivers for SFSCM; identify SFSCM practices within the food industry; identify the key stakeholders’ dynamic capabilities (SDCs) in the food industry and identify challenges faced by stakeholders in implementing SFSCM. The study also sought to establish the influence of: SFSCM drivers on implementing SFSCM practices; SFSCM drivers on SDCs; SFSCM practices on SDCs; SFSCM practices on SFSCM performance; SFSCM drivers on SFSCM performance; and SDCs on SFSCM performance. This study further sought to assess the mediation effect of: SFSCM drivers on the relationship between SFSCM practices and SDCs; SDCs on the relationship between SFSCM practices and SFSCM performance; SFSCM drivers on the relationship between SDCs and SFSCM performance and finally to assess the mediation effect of SDCs on the relationship between SFSCM drivers and SFSCM performance. This study employed a pragmatic philosophy that allowed for the collection of primary data using a fixed concurrent mixed methods (qualitative and quantitative) approach. The data analysis for this research included qualitative data from 22 participants and quantitative data from 292 respondents, all of whom were recruited through nine gatekeepers (Grain Marketing Board, Consumer Council of Zimbabwe, Food and Nutrition Association of Zimbabwe, Grain Millers Association of Zimbabwe, Ministry of Lands, Agriculture, Water and Rural Resettlement, Chartered Institute of Purchasing and Supply, Food and Agriculture Organization in Zimbabwe, Confederation of Zimbabwe Retailers and Zimbabwe National Chamber of Commerce). A thematic analysis was used to analyse qualitative data. For the quantitative data, the Statistical Package for the Social Sciences (SPSS) version 27 package was used to perform descriptive analysis, and principal component analysis for factor reduction and dimensional groups. Analysis of a Moment Structures (AMOS 26) program was used viii to perform structural equation modelling (SEM) for model fit evaluations and hypothesis tests. The mixed methods approach (both qualitative and quantitative) results identified regulatory pressure, market pressure, societal pressure, availability of resources, organisational culture and corporate objectives as some of the key SFSCM drivers. Additionally, the results identified the following as the key SFSCM practices: waste management, carbon emission reduction, logistics optimisation, water conservation, energy conservation, cost reduction and price efficiency, employment of competent people, cultivation of profitable grain crops, corporate social responsibility, fair distribution of food, human development on nutritious food consumption, food donations and continuously conducting consumer tastes surveys. Further, the mixed methods approach results cited the following key SDCs: sensing, seizing, reconfiguration, reflexive control, partner development, co-evolving and supply chain integration capabilities. Major challenges faced by stakeholders when implementing SFSCM were also identified and these involved lack of resources, lack of top management commitment, poor information sharing, lack of mutual trust amongst stakeholders, unmotivated employees, lack of government support, ever-changing food regulations, poor customer demand for sustainable and healthy foods, corruption and economic hardship challenges. The study also sought to establish relationships amongst variables. The mixed methods approach results revealed that SFSCM drivers have a positive influence on SFSCM practices, SDCs and SFSCM performance. The results also report a positive and significant influence of SFSCM practices on SDCs. The results further indicate that SDCs have a positive and significant influence on SFSCM performance. Although the qualitative findings reported a positive influence of SFSCM practices on SFSCM performance, the quantitative results from the SEM path analysis reported a very weak positive and insignificant influence of SFSCM practices on SFSCM performance. Mediation analysis was also performed using the quantitative data analysis only, and the results revealed that SFSCM drivers have significant partial mediation effect on the relationship between SFSCM practices and SDCs. The results also report that SDCs have a significant full mediation effect on the relationship between SFSCM practices and SFSCM performance. SFSCM drivers were found to have a significant ix partial mediation influence on the relationship between SDCs and SFSCM performance. Lastly, SDCs have a significant partial mediation effect on the relationship between SFSCM drivers and SFSCM performance. Based on the empirical results, conclusions were drawn, and recommendations were made. The research proposes a new stakeholder framework for SFSCM in the food industry. The study recommends that stakeholders consider providing training and education to all employees about the critical role of SFSCM in ensuring Zimbabwe's food security. Additionally, policymakers are urged to implement supply chain anticorruption and fair-trading policies in order to boost SFSCM performance. Stakeholder institutions are also urged to reward internal stakeholders who perform exceptionally well in terms of SFSCM in order to positively motivate all staff, and ultimately improve SFSCM. , Thesis (PHD) -- Faculty of Business and Economic Sciences, Business School, 2022
- Full Text:
- Date Issued: 2022-12
An integrated training and client service guidance framework for professional Accountants of SMES
- Authors: Beck, Tracy Geraldine
- Date: 2022-12
- Subjects: Training , Accountants -- Professional ethics
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59467 , vital:62120
- Description: Small and medium-sized accounting practices (SMPs) are vital to the accounting profession and represent most accounting practices globally. It is commonly assumed that SMPs employ the majority of professional accountants within the accounting field whose clients are typically small and medium-sized business entities (SMEs). SMEs account for most of the businesses around the world and play an important role in the development of economies as well as job creation. In a rapidly changing business environment, SMEs require a wider range of services and support from their professional accountants, thus, the needs and expectations of SMEs are constantly changing. Given the important contribution SMEs make to economic development, job creation, growth and innovation to communities globally, the success and survival rates of these businesses are of the utmost importance. Professional accountants of SMEs need to possess the relevant knowledge, skills, competencies and practical experience to provide professional business advisory services (non-accounting services) to create more value for the SME client. Research suggests that the SMEs decision to outsource business advisory services from their professional accountants is influenced by the relationship between the professional accountant and SME including the manner in which traditional compliance accounting services are provided (client services). In response, the objective of this study was to propose a graphical and narrative integrated training and client service framework to guide SME professional accountants. The framework provides guidance in respect of the knowledge, skills, competencies and practical experience a modern-day professional accountant should obtain during the various phases of learning and training whilst pursuing a career as a professional accountant. The framework further enhances the understanding of the traditional accounting services, client services and non-accounting services SME clients desire from their professional accountants as well as the role of professional accountants in providing or obtaining such services to ensure that the expectations of the client are met and, more importantly, contribute to the success of the SME. ABSTRACT vi An interpretivist research paradigm and a qualitative methodological approach were deemed most suitable for the current study. The interpretivist research paradigm approach enabled the researcher to understand the phenomena being studied by sharing the participants’ experiences in their own words thereby gaining a deeper understanding of the desires, services, skills and competencies they required or provided. The research population consisted of two population groups, firstly, professional accountants, accountants or bookkeepers who were either owners or were employed at SMPs and, secondly, SME owner-managers or the persons responsible for the accounting function employed at the SME. The research instrument used to guide the key-informant interviews in this research were two semi-structured interview schedules, one for each identified population group, which were divided into sections based on the themes and sub-themes. Based on key findings, the study proposes an integrated training and client service framework to guide SME professional accountants. The framework includes seven components, namely, formal higher education accounting programmes, workplace training, professional accountant, traditional accounting and client services, trust relationships, non-accounting services as well as networks of experts and other professionals. An important recommendation of the study is that professional accountants must effectively communicate and market their services to current as well as prospective SME clients to ensure that clients are aware of the potential services which can be provided or obtained from a trusted expert. The professional accountant could thus be regarded as a one-stop professional practice. The survival of the accounting profession in a constantly changing business environment is dependent on how the profession adapts to change including technological advancements. Professional accountants need to be able to provide value-added and specialist services to their SME clients as well as enhance the current quality level of client services. , Thesis (PhD) -- Faculty of Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Beck, Tracy Geraldine
- Date: 2022-12
- Subjects: Training , Accountants -- Professional ethics
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59467 , vital:62120
- Description: Small and medium-sized accounting practices (SMPs) are vital to the accounting profession and represent most accounting practices globally. It is commonly assumed that SMPs employ the majority of professional accountants within the accounting field whose clients are typically small and medium-sized business entities (SMEs). SMEs account for most of the businesses around the world and play an important role in the development of economies as well as job creation. In a rapidly changing business environment, SMEs require a wider range of services and support from their professional accountants, thus, the needs and expectations of SMEs are constantly changing. Given the important contribution SMEs make to economic development, job creation, growth and innovation to communities globally, the success and survival rates of these businesses are of the utmost importance. Professional accountants of SMEs need to possess the relevant knowledge, skills, competencies and practical experience to provide professional business advisory services (non-accounting services) to create more value for the SME client. Research suggests that the SMEs decision to outsource business advisory services from their professional accountants is influenced by the relationship between the professional accountant and SME including the manner in which traditional compliance accounting services are provided (client services). In response, the objective of this study was to propose a graphical and narrative integrated training and client service framework to guide SME professional accountants. The framework provides guidance in respect of the knowledge, skills, competencies and practical experience a modern-day professional accountant should obtain during the various phases of learning and training whilst pursuing a career as a professional accountant. The framework further enhances the understanding of the traditional accounting services, client services and non-accounting services SME clients desire from their professional accountants as well as the role of professional accountants in providing or obtaining such services to ensure that the expectations of the client are met and, more importantly, contribute to the success of the SME. ABSTRACT vi An interpretivist research paradigm and a qualitative methodological approach were deemed most suitable for the current study. The interpretivist research paradigm approach enabled the researcher to understand the phenomena being studied by sharing the participants’ experiences in their own words thereby gaining a deeper understanding of the desires, services, skills and competencies they required or provided. The research population consisted of two population groups, firstly, professional accountants, accountants or bookkeepers who were either owners or were employed at SMPs and, secondly, SME owner-managers or the persons responsible for the accounting function employed at the SME. The research instrument used to guide the key-informant interviews in this research were two semi-structured interview schedules, one for each identified population group, which were divided into sections based on the themes and sub-themes. Based on key findings, the study proposes an integrated training and client service framework to guide SME professional accountants. The framework includes seven components, namely, formal higher education accounting programmes, workplace training, professional accountant, traditional accounting and client services, trust relationships, non-accounting services as well as networks of experts and other professionals. An important recommendation of the study is that professional accountants must effectively communicate and market their services to current as well as prospective SME clients to ensure that clients are aware of the potential services which can be provided or obtained from a trusted expert. The professional accountant could thus be regarded as a one-stop professional practice. The survival of the accounting profession in a constantly changing business environment is dependent on how the profession adapts to change including technological advancements. Professional accountants need to be able to provide value-added and specialist services to their SME clients as well as enhance the current quality level of client services. , Thesis (PhD) -- Faculty of Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
Different dimensions of inequality and sustainable economic growth in Africa
- Authors: Raimi, Rasaq Being
- Date: 2022-12
- Subjects: Inequality , Sustainable development , Economic growth -- Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59884 , vital:62483
- Description: The recent unprecedented economic growth across Africa for over two decades has been anticipated to alleviate poverty and close up the wide inequality gap in the continent; its impact, however, on the vast majority of people in Africa appears to be insignificant as more households are still battling with poverty and the inequality gap is still wide. This has, however, raised empirical questions regarding the nature of the relationship that exists between economic growth and inequality in Africa. Hence, these questions have created gaps in the literature as some studies found positive relationship while other results state otherwise. The study fills the existing gap by re-examining the relationship between dimensions of inequality and sustainable growth in Africa. The study applied parametric and non-parametric econometric techniques on more recent inequalities data covering 28 African countries. Specifically, the study examined the relationship between income inequality and sustainable growth in Africa, investigated the relationship between education inequality and sustainable growth in Africa, analysed the relationship between gender inequality and sustainable growth in Africa and discussed the relationship between land inequality and sustainable growth in Africa. The study covered the period of 1998-2020 and the data for the study were sourced from Standardised World Income Inequality Data Base (SWIID), World Economic Forum, World Bank Online Data Base, Benaabdelaali et al‘s (2012) paper and Ziesemer, THW‘s (2016) paper. Result from the analysis of income inequality and sustainable growth indicates a positive unidirectional relationship between the two variables. The findings suggest that African growth promotes more income inequality and income inequality does not interrupt the growth potential of the continent. The findings further reveal a positive relationship between sustainable growth and poverty rate in African region. This suggests that African economic growth alone cannot solve African poverty problem. Analysis of sustainable growth and education inequality shows an inverse relationship between the two variables. The result indicates that sustainable growth helps in reducing education inequality but a further increase in education inequality drags down sustainable growth in the long-run. Also, poverty is found to have a positive relationship with education inequality in Africa. However, no causal relationship is found between sustainable growth and education inequality but rather a unidirectional causality running from poverty to education inequality in Africa. iv In relation to the gender inequality analysis, the study also found a negative relationship between the two variables. Specifically, while sustainable growth is found to be bridging gender gap, gender inequality on the other hand is found to be a limiting factor on sustainable growth in Africa. The results also indicate a strong positive significant relationship between poverty and gender inequality in Africa. The analysis reveals the vulnerability of African women to poverty and also suggests that many African countries are yet to harness the enormous potentials possessed by women for their regional development. Furthermore, the study found a negative relationship between sustainable growth and land inequality in Africa. The result indicates that unequal land distribution is among the factors preventing Africa from achieving its high dream of sustainable growth and it is further responsible for the severe poverty especially among the rural dwellers where agricultural land is considered as an important determinant of family income. One way causality running from land inequality to sustainable growth is also established via granger causality result which further indicates that uneven land distribution has effects on sustainable growth. Based on these findings, the study concludes that economic growth though has been helping in bridging some dimensions of inequality in Africa, income related inequality is exempted. Also, it is evident that economic growth alone is not adequate to close the wide inequality gap that has persisted for so long in Africa. In conclusion, the study recommended among other things that many African policy makers need to intensify their developmental efforts to reach everyone in their countries so as to effectively fight the ugly poverty situation across the continent. Also, salary structure needs to be revisited across Africa via introduction of appropriate tax to redistribute income and help the low income earners to relatively meet up with the higher income earners. This will help in closing income gap and at the same time alleviate poverty. , Thesis (PHD) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Raimi, Rasaq Being
- Date: 2022-12
- Subjects: Inequality , Sustainable development , Economic growth -- Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59884 , vital:62483
- Description: The recent unprecedented economic growth across Africa for over two decades has been anticipated to alleviate poverty and close up the wide inequality gap in the continent; its impact, however, on the vast majority of people in Africa appears to be insignificant as more households are still battling with poverty and the inequality gap is still wide. This has, however, raised empirical questions regarding the nature of the relationship that exists between economic growth and inequality in Africa. Hence, these questions have created gaps in the literature as some studies found positive relationship while other results state otherwise. The study fills the existing gap by re-examining the relationship between dimensions of inequality and sustainable growth in Africa. The study applied parametric and non-parametric econometric techniques on more recent inequalities data covering 28 African countries. Specifically, the study examined the relationship between income inequality and sustainable growth in Africa, investigated the relationship between education inequality and sustainable growth in Africa, analysed the relationship between gender inequality and sustainable growth in Africa and discussed the relationship between land inequality and sustainable growth in Africa. The study covered the period of 1998-2020 and the data for the study were sourced from Standardised World Income Inequality Data Base (SWIID), World Economic Forum, World Bank Online Data Base, Benaabdelaali et al‘s (2012) paper and Ziesemer, THW‘s (2016) paper. Result from the analysis of income inequality and sustainable growth indicates a positive unidirectional relationship between the two variables. The findings suggest that African growth promotes more income inequality and income inequality does not interrupt the growth potential of the continent. The findings further reveal a positive relationship between sustainable growth and poverty rate in African region. This suggests that African economic growth alone cannot solve African poverty problem. Analysis of sustainable growth and education inequality shows an inverse relationship between the two variables. The result indicates that sustainable growth helps in reducing education inequality but a further increase in education inequality drags down sustainable growth in the long-run. Also, poverty is found to have a positive relationship with education inequality in Africa. However, no causal relationship is found between sustainable growth and education inequality but rather a unidirectional causality running from poverty to education inequality in Africa. iv In relation to the gender inequality analysis, the study also found a negative relationship between the two variables. Specifically, while sustainable growth is found to be bridging gender gap, gender inequality on the other hand is found to be a limiting factor on sustainable growth in Africa. The results also indicate a strong positive significant relationship between poverty and gender inequality in Africa. The analysis reveals the vulnerability of African women to poverty and also suggests that many African countries are yet to harness the enormous potentials possessed by women for their regional development. Furthermore, the study found a negative relationship between sustainable growth and land inequality in Africa. The result indicates that unequal land distribution is among the factors preventing Africa from achieving its high dream of sustainable growth and it is further responsible for the severe poverty especially among the rural dwellers where agricultural land is considered as an important determinant of family income. One way causality running from land inequality to sustainable growth is also established via granger causality result which further indicates that uneven land distribution has effects on sustainable growth. Based on these findings, the study concludes that economic growth though has been helping in bridging some dimensions of inequality in Africa, income related inequality is exempted. Also, it is evident that economic growth alone is not adequate to close the wide inequality gap that has persisted for so long in Africa. In conclusion, the study recommended among other things that many African policy makers need to intensify their developmental efforts to reach everyone in their countries so as to effectively fight the ugly poverty situation across the continent. Also, salary structure needs to be revisited across Africa via introduction of appropriate tax to redistribute income and help the low income earners to relatively meet up with the higher income earners. This will help in closing income gap and at the same time alleviate poverty. , Thesis (PHD) -- Faculty of Business and Economic Science, 2022
- Full Text:
- Date Issued: 2022-12
Economic impact assessment of the national youth development agency (NYDA) grant fund in the Eastern Cape
- Authors: Fotoyi, Asanda
- Date: 2022-12
- Subjects: Economic impact analysis , Youth development, Eastern Cape
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59424 , vital:62093
- Description: Since the dawn of democracy in South Africa, the country has adopted several youth policies aimed at promoting young peoples’ education and training, employment, entrepreneurship, and healthy lifestyles. Still, however, the country battles high youth unemployment rates, which increased from 35.7% in 2010 to 41.0% in 2019. Such issues exist despite the NYDA being established in 2008 to coordinate youth strategies in the country. The NYDA strategic areas include: economic participation, education and skills development, health and wellbeing, knowledge management, and governance. Of note is that NYDA grant funding has been specifically designed to provide young South African entrepreneurs with an opportunity to access both financial and nonfinancial business support to establish or expand their businesses. Over a period of 7 years (2013-2019), the NYDA has grant funded a significant number of youth-owned businesses across the country, to the value of about R204.5 million. Given the large amount of public funds invested through NYDA grant funding, it is important to assess whether or not this investment has been favourable in terms of achieving its goals. This determination is especially important, as governmental resources are scarce and subject to opportunity cost, in that some alternatives have been forgone in favour of the NYDA mandate. The present study was, therefore, necessary, as, since the inception of NYDA grant funding, its economic impact has not been scientifically measured or assessed. As such, there has not been any scientific basis to justify NYDA grant funding. In particular, this thesis assessed the economic impact of the NYDA grant funding in the Eastern Cape. The effectiveness of the NYDA grant funding was examined against its objectives: improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities. The primary hypothesis was tested using a cost-benefit analysis (CBA). The CBA method was adopted as it is a well-established economic assessment method to test policy interventions. This method is also based on methodological rigour and was determined to be most applicable for this present research endeavour. v The notion behind using the CBA was to quantify the net benefits of NYDA grant funding for youth businesses by comparing the benefits with the corresponding costs. In order to determine other factors that influence the turnovers of NYDA grant funding recipients’ businesses, secondary hypotheses were then tested by using a least absolute deviation (LAD) regression analysis in respect to cross-sectional data relating to the respondents’ annual turnovers over the years 2014-2019. The LAD estimation method was used primarily due to its robustness in comparison to ordinary least squares (OLS). This study made use of a questionnaire to collect data on the demographics of the NYDA grant funding beneficiaries. As well as the beneficiaries’ business characteristics, their subjective perceptions on the impact of the NYDA support interventions, and business-specific challenges. The Raosoft calculator was used to calculate the sample size at a 5% margin of error. The scientifically sound sample size of the respondents, according to the Raosoft calculator, was 246 out of 681 clients. The respondents were drawn from the Eastern Cape areas by means of face-to-face survey interviews as well as a digitised research instrument that was circulated using several online platforms (e.g., email, WhatsApp, and Facebook). The total number of respondents who ultimately participated in this study was 253. In order to achieve Denzin’s (1978) triangulation, a focus group session was also conducted with selected NYDA grant beneficiaries. The focus group discussion for this research was held using the online platform, Microsoft Teams (MS Teams). The survey analysis findings of the study suggest that the demographics of the NYDA grant funding beneficiaries are a general reflection of the Eastern Cape’s overall youth entrepreneurship trends. As such, there were more male youth entrepreneurs compared to female youth entrepreneurs. The involvement of youth in business improved in correspondence with age -groups. The population groups of the grant funding beneficiaries also reflected the country’s racial demographics. In terms of business characteristics, the survey analysis findings revealed that NYDA grant funded businesses function across various sectors of the economy and largely operate out of homes. These businesses primarily serve local households and communities, have generally been operating for 3-5 years, and were largely started because the owner recognised an opportunity in the market. In terms of business assistance from vi NYDA, it was found that the grant funding was mostly utilised for asset finance. In terms of business challenges, market conditions were highlighted as negatively impacting youth businesses. However, the participating business owners were primarily inward-looking when seeking to address their challenges. A further finding from the survey analysis revealed that many NYDA grant funded businesses tended to increase the number of jobs created in the period under review. The CBA findings, in turn, showed that the public expenditure in Eastern Cape youth businesses through NYDA grant funding was economically viable during the period under review, since the benefit-cost ratio (BCR) exceeded ‘1’ (the net present value (NPV) was also positive). The regression estimation findings further indicated gender, education, and industry gross domestic product (GDP) growth rates also had a significant impact on the annual turnovers of the youth businesses. The focus group findings highlighted that most beneficiaries derive value from NYDA grant funding. However, there is scope for improvement in the areas of access to finance, turnaround times, access to markets, links to the entrepreneurship ecosystem, administrative burden, mentorship, monitoring and evaluation (M&E), and organisational culture. Based on the findings of the study, this thesis concludes that in the period under review, in the Eastern Cape, NYDA grant funding yields positive social returns; and delivered on its objectives (i.e., improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities). The empirical findings of this study further supports this thesis’s recommendation for: 1) improvements in the NYDA grant funding budget; 2) closing gender gaps in youth entrepreneurship; 3) improving participation of disabled youth in business support services; 4) promoting entrepreneurship as a career path; 5) providing youth business support in rural areas; 6) diversifying economic sectors of youth businesses; 7) offering access to finance for youth business growth and expansion; 8) establishing youth businesses access to markets; 9) reducing administrative burdens for youth businesses; 10) improving accessibility of business development trainings; 11) offering mentorship for youth entrepreneurs, 12) providing infrastructure for youth businesses; 13) extend Covid-19 relief support for youth businesses; and 14) standardising practises in youth business support services. , Thesis (PHD) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Fotoyi, Asanda
- Date: 2022-12
- Subjects: Economic impact analysis , Youth development, Eastern Cape
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59424 , vital:62093
- Description: Since the dawn of democracy in South Africa, the country has adopted several youth policies aimed at promoting young peoples’ education and training, employment, entrepreneurship, and healthy lifestyles. Still, however, the country battles high youth unemployment rates, which increased from 35.7% in 2010 to 41.0% in 2019. Such issues exist despite the NYDA being established in 2008 to coordinate youth strategies in the country. The NYDA strategic areas include: economic participation, education and skills development, health and wellbeing, knowledge management, and governance. Of note is that NYDA grant funding has been specifically designed to provide young South African entrepreneurs with an opportunity to access both financial and nonfinancial business support to establish or expand their businesses. Over a period of 7 years (2013-2019), the NYDA has grant funded a significant number of youth-owned businesses across the country, to the value of about R204.5 million. Given the large amount of public funds invested through NYDA grant funding, it is important to assess whether or not this investment has been favourable in terms of achieving its goals. This determination is especially important, as governmental resources are scarce and subject to opportunity cost, in that some alternatives have been forgone in favour of the NYDA mandate. The present study was, therefore, necessary, as, since the inception of NYDA grant funding, its economic impact has not been scientifically measured or assessed. As such, there has not been any scientific basis to justify NYDA grant funding. In particular, this thesis assessed the economic impact of the NYDA grant funding in the Eastern Cape. The effectiveness of the NYDA grant funding was examined against its objectives: improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities. The primary hypothesis was tested using a cost-benefit analysis (CBA). The CBA method was adopted as it is a well-established economic assessment method to test policy interventions. This method is also based on methodological rigour and was determined to be most applicable for this present research endeavour. v The notion behind using the CBA was to quantify the net benefits of NYDA grant funding for youth businesses by comparing the benefits with the corresponding costs. In order to determine other factors that influence the turnovers of NYDA grant funding recipients’ businesses, secondary hypotheses were then tested by using a least absolute deviation (LAD) regression analysis in respect to cross-sectional data relating to the respondents’ annual turnovers over the years 2014-2019. The LAD estimation method was used primarily due to its robustness in comparison to ordinary least squares (OLS). This study made use of a questionnaire to collect data on the demographics of the NYDA grant funding beneficiaries. As well as the beneficiaries’ business characteristics, their subjective perceptions on the impact of the NYDA support interventions, and business-specific challenges. The Raosoft calculator was used to calculate the sample size at a 5% margin of error. The scientifically sound sample size of the respondents, according to the Raosoft calculator, was 246 out of 681 clients. The respondents were drawn from the Eastern Cape areas by means of face-to-face survey interviews as well as a digitised research instrument that was circulated using several online platforms (e.g., email, WhatsApp, and Facebook). The total number of respondents who ultimately participated in this study was 253. In order to achieve Denzin’s (1978) triangulation, a focus group session was also conducted with selected NYDA grant beneficiaries. The focus group discussion for this research was held using the online platform, Microsoft Teams (MS Teams). The survey analysis findings of the study suggest that the demographics of the NYDA grant funding beneficiaries are a general reflection of the Eastern Cape’s overall youth entrepreneurship trends. As such, there were more male youth entrepreneurs compared to female youth entrepreneurs. The involvement of youth in business improved in correspondence with age -groups. The population groups of the grant funding beneficiaries also reflected the country’s racial demographics. In terms of business characteristics, the survey analysis findings revealed that NYDA grant funded businesses function across various sectors of the economy and largely operate out of homes. These businesses primarily serve local households and communities, have generally been operating for 3-5 years, and were largely started because the owner recognised an opportunity in the market. In terms of business assistance from vi NYDA, it was found that the grant funding was mostly utilised for asset finance. In terms of business challenges, market conditions were highlighted as negatively impacting youth businesses. However, the participating business owners were primarily inward-looking when seeking to address their challenges. A further finding from the survey analysis revealed that many NYDA grant funded businesses tended to increase the number of jobs created in the period under review. The CBA findings, in turn, showed that the public expenditure in Eastern Cape youth businesses through NYDA grant funding was economically viable during the period under review, since the benefit-cost ratio (BCR) exceeded ‘1’ (the net present value (NPV) was also positive). The regression estimation findings further indicated gender, education, and industry gross domestic product (GDP) growth rates also had a significant impact on the annual turnovers of the youth businesses. The focus group findings highlighted that most beneficiaries derive value from NYDA grant funding. However, there is scope for improvement in the areas of access to finance, turnaround times, access to markets, links to the entrepreneurship ecosystem, administrative burden, mentorship, monitoring and evaluation (M&E), and organisational culture. Based on the findings of the study, this thesis concludes that in the period under review, in the Eastern Cape, NYDA grant funding yields positive social returns; and delivered on its objectives (i.e., improved entrepreneurship participation, business skills development and support, and improved creation of job opportunities). The empirical findings of this study further supports this thesis’s recommendation for: 1) improvements in the NYDA grant funding budget; 2) closing gender gaps in youth entrepreneurship; 3) improving participation of disabled youth in business support services; 4) promoting entrepreneurship as a career path; 5) providing youth business support in rural areas; 6) diversifying economic sectors of youth businesses; 7) offering access to finance for youth business growth and expansion; 8) establishing youth businesses access to markets; 9) reducing administrative burdens for youth businesses; 10) improving accessibility of business development trainings; 11) offering mentorship for youth entrepreneurs, 12) providing infrastructure for youth businesses; 13) extend Covid-19 relief support for youth businesses; and 14) standardising practises in youth business support services. , Thesis (PHD) -- Faculty of Business and Economics Science, 2022
- Full Text:
- Date Issued: 2022-12
Investigating various product derivatives for a sustainable aquaculture feed supply chain in South Africa
- Authors: Adam, Yusuf
- Date: 2022-12
- Subjects: Derivatives product , sustainable aquaculture , Supply Chain management -- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59531 , vital:62150
- Description: Contemporary aquaculture produces more seafood for growing global nutrition requirements than capture fisheries stocks, but aquaculture practices do have adverse environmental impacts. This research investigated more sustainable marine ecosystem management practices through alternative aquaculture feed ingredients and production systems that mimic natural marine food chains. The aim was to find an alternative feed model to make the industry more sustainable. Content analysis was used to let secondary research complement the empirical research to investigate the perceptions about various product derivatives for a more sustainable aquaculture feed supply chain. The survey entailed distributing 228 questionnaires and only 55 diverse stakeholders responded. By reviewing their perceptions of natural marine organisms and manufactured agricultural ingredients, the call for sustainably produced aquaculture feed could inform future sustainable supply chain management and marine ecosystem stewardship. , Thesis (DBA) -- Faculty of Business and Economic Sciences, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Adam, Yusuf
- Date: 2022-12
- Subjects: Derivatives product , sustainable aquaculture , Supply Chain management -- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59531 , vital:62150
- Description: Contemporary aquaculture produces more seafood for growing global nutrition requirements than capture fisheries stocks, but aquaculture practices do have adverse environmental impacts. This research investigated more sustainable marine ecosystem management practices through alternative aquaculture feed ingredients and production systems that mimic natural marine food chains. The aim was to find an alternative feed model to make the industry more sustainable. Content analysis was used to let secondary research complement the empirical research to investigate the perceptions about various product derivatives for a more sustainable aquaculture feed supply chain. The survey entailed distributing 228 questionnaires and only 55 diverse stakeholders responded. By reviewing their perceptions of natural marine organisms and manufactured agricultural ingredients, the call for sustainably produced aquaculture feed could inform future sustainable supply chain management and marine ecosystem stewardship. , Thesis (DBA) -- Faculty of Business and Economic Sciences, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
The macroeconomic impact of ocean economy financing in South Africa
- Authors: Matekenya, Weliswa
- Date: 2022-12
- Subjects: Macroeconomics , Maritime –- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60305 , vital:64343
- Description: The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment. , Thesis (PHD) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Matekenya, Weliswa
- Date: 2022-12
- Subjects: Macroeconomics , Maritime –- South Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/60305 , vital:64343
- Description: The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment. , Thesis (PHD) -- Faculty of Business and Economic Sciences, 2022
- Full Text:
- Date Issued: 2022-12
Using night time data as a measure of gross domestic product in Sub-Saharan Africa
- Authors: Hamman, Nicolene
- Date: 2022-12
- Subjects: Data , Gross domestic product -- Sub-Saharan Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59457 , vital:62119
- Description: Over the last decade, a bold move has been made by researchers to shift focus on improving and establishing accurate and reliable measures of economic activity across the globe. With an everchanging global economic landscape, unreliable GDP statistics and the lack thereof have held a nascent impact on formulating appropriate stabilization policies. This, in turn, have affected the affairs of nations, especially low income and developing ones. In an attempt to find alternative ways to measure economic activity, night time lights data have emerged in numerous empirical studies as a novel way of attempting to measure economic growth and development. Various studies have found this to be useful for countries that do not have statistical capabilities such as poor nations, while other studies have put forward arguments in favour of a possible non-linear relationship between GDP and night time lights data. Against this background, this study implores night time lights data extensively to establish whether it can serve as a possible measure of GDP in Sub-Saharan Africa between 1992 and 2012. Based on the results obtained from testing for a positive correlation between GDP and night time lights data in Sub-Saharan Africa, the study further aim to use night time lights data as a measure of GDP in the regressions against proxies of well-being, urbanization, and environmental degradation. The significance of the study relates to the fact that the estimation accuracy of GDP is positively influenced by spatial and radiation resolution of night time lights data. In addition, by taking a country-specific approach using more advanced econometric estimation techniques, this study improves on the empirical literature pertaining to African countries. All facets of pooled ordinary least squares (POLS), the pooled mean group estimators, as well as the wavelet coherence estimation techniques were the three approaches used to investigated correlations between night time lights data and economic activity. Overall findings indicate little evidence that night time lights data derived from the DMSP-OLS archive can serve as a strong measure of GDP in regressions across the Sub-Saharan African region. Recommendations and avenues for future research are outlined at the end of the study. , Thesis (PhD) -- Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
- Authors: Hamman, Nicolene
- Date: 2022-12
- Subjects: Data , Gross domestic product -- Sub-Saharan Africa
- Language: English
- Type: Doctoral's theses , Thesis
- Identifier: http://hdl.handle.net/10948/59457 , vital:62119
- Description: Over the last decade, a bold move has been made by researchers to shift focus on improving and establishing accurate and reliable measures of economic activity across the globe. With an everchanging global economic landscape, unreliable GDP statistics and the lack thereof have held a nascent impact on formulating appropriate stabilization policies. This, in turn, have affected the affairs of nations, especially low income and developing ones. In an attempt to find alternative ways to measure economic activity, night time lights data have emerged in numerous empirical studies as a novel way of attempting to measure economic growth and development. Various studies have found this to be useful for countries that do not have statistical capabilities such as poor nations, while other studies have put forward arguments in favour of a possible non-linear relationship between GDP and night time lights data. Against this background, this study implores night time lights data extensively to establish whether it can serve as a possible measure of GDP in Sub-Saharan Africa between 1992 and 2012. Based on the results obtained from testing for a positive correlation between GDP and night time lights data in Sub-Saharan Africa, the study further aim to use night time lights data as a measure of GDP in the regressions against proxies of well-being, urbanization, and environmental degradation. The significance of the study relates to the fact that the estimation accuracy of GDP is positively influenced by spatial and radiation resolution of night time lights data. In addition, by taking a country-specific approach using more advanced econometric estimation techniques, this study improves on the empirical literature pertaining to African countries. All facets of pooled ordinary least squares (POLS), the pooled mean group estimators, as well as the wavelet coherence estimation techniques were the three approaches used to investigated correlations between night time lights data and economic activity. Overall findings indicate little evidence that night time lights data derived from the DMSP-OLS archive can serve as a strong measure of GDP in regressions across the Sub-Saharan African region. Recommendations and avenues for future research are outlined at the end of the study. , Thesis (PhD) -- Faculty of Business and Economics Science, School of Applied Accounting, 2022
- Full Text:
- Date Issued: 2022-12
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