Investigating the benefits of establishing a wool scouring plant in Lesotho
- Authors: Setipa, Tsepang Benjamine
- Date: 2017
- Subjects: Wool industry -- Lesotho Sheep industry -- Lesotho , Economic development -- Lesotho Lesotho -- Economic conditions -- 21st century
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/20428 , vital:29286
- Description: Lesotho’s current production of raw wool is sold to global markets through South African wool merchants. Lesotho does not have any wool processing facilities and as such, the wool from Lesotho gets processed in South Africa or sold to international markets like China where it is processed. Since 2012, the government of Lesotho has publicly showed interest in developing a wool scouring plant that would process locally produced wool instead of selling it in its raw unprocessed form to international markets. The understanding by the Lesotho government was underpinned by perceived economic benefits that could be realised by the country and the wool industry of Lesotho, if the wool scouring plant was developed. The wool industry is important to the economy of Lesotho and as such, wool production in Lesotho contributes to the living standards in the rural areas as their lives are highly depended on the production of wool. A vibrant wool industry in Lesotho therefore has the potential to contribute to the growth of the economy, the manufacturing sector, employment at both the herder and the manufacturing levels, and the export sector. Wool scouring or wool washing is the early stage processing of greasy wool. The purpose of wool scouring is to extract grease, dirt, unpleasant smell and other foreign matter from the greasy wool. Raw wool fibers contain fat, suint (sheep sweat salts), plant material and minerals. It is therefore necessary to remove these from wool by scouring with a combination of detergents, wetting agents and emulsifiers before further processing. Wool can lose up to 30% of its original weight during this process. The Lesotho government feels that there is a need to develop a wool scouring plant in Lesotho because Lesotho does not benefit from the South African wool scouring processes and anything that happens post that process. Given that no viability studies had been conducted in Lesotho to motivate the government’s interest in developing a wool scouring plant, this study was conducted with the aim to investigate the benefits of developing a wool scouring plant in Lesotho. The research design employed in this study was a mixed method, which is a combination of positivism (quantitative) and interpretivism (qualitative) data collection and analysis in parallel form. In terms of the qualitative component of the study, structured interviews were conducted, governed by in-depth interview guidelines developed by the researcher. A questionnaire was used for the qualitative component of the study. Among some of its findings and recommendations the study recommends that there is insufficient wool produced in Lesotho to support a local wool scouring plant, the government of Lesotho should rather focus their effort on the improvement of the wool production value chain to assist farmers. The study finds no grounds for the justification of the development of a local scouring plant in Lesotho and recommends that for such propositions to be made publicly, at least proper groundwork should be undertaken to investigate the technical feasibility of developing the scouring plant.
- Full Text:
- Date Issued: 2017
- Authors: Setipa, Tsepang Benjamine
- Date: 2017
- Subjects: Wool industry -- Lesotho Sheep industry -- Lesotho , Economic development -- Lesotho Lesotho -- Economic conditions -- 21st century
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/20428 , vital:29286
- Description: Lesotho’s current production of raw wool is sold to global markets through South African wool merchants. Lesotho does not have any wool processing facilities and as such, the wool from Lesotho gets processed in South Africa or sold to international markets like China where it is processed. Since 2012, the government of Lesotho has publicly showed interest in developing a wool scouring plant that would process locally produced wool instead of selling it in its raw unprocessed form to international markets. The understanding by the Lesotho government was underpinned by perceived economic benefits that could be realised by the country and the wool industry of Lesotho, if the wool scouring plant was developed. The wool industry is important to the economy of Lesotho and as such, wool production in Lesotho contributes to the living standards in the rural areas as their lives are highly depended on the production of wool. A vibrant wool industry in Lesotho therefore has the potential to contribute to the growth of the economy, the manufacturing sector, employment at both the herder and the manufacturing levels, and the export sector. Wool scouring or wool washing is the early stage processing of greasy wool. The purpose of wool scouring is to extract grease, dirt, unpleasant smell and other foreign matter from the greasy wool. Raw wool fibers contain fat, suint (sheep sweat salts), plant material and minerals. It is therefore necessary to remove these from wool by scouring with a combination of detergents, wetting agents and emulsifiers before further processing. Wool can lose up to 30% of its original weight during this process. The Lesotho government feels that there is a need to develop a wool scouring plant in Lesotho because Lesotho does not benefit from the South African wool scouring processes and anything that happens post that process. Given that no viability studies had been conducted in Lesotho to motivate the government’s interest in developing a wool scouring plant, this study was conducted with the aim to investigate the benefits of developing a wool scouring plant in Lesotho. The research design employed in this study was a mixed method, which is a combination of positivism (quantitative) and interpretivism (qualitative) data collection and analysis in parallel form. In terms of the qualitative component of the study, structured interviews were conducted, governed by in-depth interview guidelines developed by the researcher. A questionnaire was used for the qualitative component of the study. Among some of its findings and recommendations the study recommends that there is insufficient wool produced in Lesotho to support a local wool scouring plant, the government of Lesotho should rather focus their effort on the improvement of the wool production value chain to assist farmers. The study finds no grounds for the justification of the development of a local scouring plant in Lesotho and recommends that for such propositions to be made publicly, at least proper groundwork should be undertaken to investigate the technical feasibility of developing the scouring plant.
- Full Text:
- Date Issued: 2017
Home ownership in the gap-housing market in South Africa
- Authors: Ludidi, Daniel Dumisa
- Date: 2017
- Subjects: Home ownership -- South Africa Housing -- South Africa , Bond market -- South Africa Real estate investment -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/18299 , vital:28616
- Description: The access to adequate housing is a constitutional right, in terms of Section 26 (1) of the Constitution of the Republic of South Africa, Act 108 of 1996. Access to housing in South Africa is still an ideal and not a reality. The increase in housing prices reduces affordability, which creates a barrier to the housing market for South Africans to fully participate. The South African housing market is divided, based on the affordability of households, with a gap within the property market. The gap-housing market is a market, which does not receive a government subsidy; and furthermore, it does not qualify for bond finance by the private financial institutions. The gap-housing market includes households that earn between R3,500 to R15,000 per month for residential properties valued between R116,703 to R483,481. The problem is a lack of supply in the gap-housing market to meet the demand; and this is also affected by the poor performance of the subsidy-housing market. The gap-housing market is not traded adequately, due to a lack of supply caused by stricter lending criteria from the banks. The study was conducted by means of reviewing the related literature and by an empirical study. A survey was conducted using the quantitative approach through a distribution of research questionnaires to different organizations within the judgement sample population. The objective of the study is to review the gap-housing market and to make recommendations. The descriptive survey was conducted among specialists that are participating in the South African housing market. The findings of the study suggest that there is a relationship between incentive and participation, as well as a relationship between participation – with access, supply and trading in the gap-housing market. This study will contribute to the South African housing market body of knowledge – by addressing the problem of a gap within the housing market.
- Full Text:
- Date Issued: 2017
- Authors: Ludidi, Daniel Dumisa
- Date: 2017
- Subjects: Home ownership -- South Africa Housing -- South Africa , Bond market -- South Africa Real estate investment -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/18299 , vital:28616
- Description: The access to adequate housing is a constitutional right, in terms of Section 26 (1) of the Constitution of the Republic of South Africa, Act 108 of 1996. Access to housing in South Africa is still an ideal and not a reality. The increase in housing prices reduces affordability, which creates a barrier to the housing market for South Africans to fully participate. The South African housing market is divided, based on the affordability of households, with a gap within the property market. The gap-housing market is a market, which does not receive a government subsidy; and furthermore, it does not qualify for bond finance by the private financial institutions. The gap-housing market includes households that earn between R3,500 to R15,000 per month for residential properties valued between R116,703 to R483,481. The problem is a lack of supply in the gap-housing market to meet the demand; and this is also affected by the poor performance of the subsidy-housing market. The gap-housing market is not traded adequately, due to a lack of supply caused by stricter lending criteria from the banks. The study was conducted by means of reviewing the related literature and by an empirical study. A survey was conducted using the quantitative approach through a distribution of research questionnaires to different organizations within the judgement sample population. The objective of the study is to review the gap-housing market and to make recommendations. The descriptive survey was conducted among specialists that are participating in the South African housing market. The findings of the study suggest that there is a relationship between incentive and participation, as well as a relationship between participation – with access, supply and trading in the gap-housing market. This study will contribute to the South African housing market body of knowledge – by addressing the problem of a gap within the housing market.
- Full Text:
- Date Issued: 2017
- «
- ‹
- 1
- ›
- »