An entrepreneurial development framework for SMEs in South Africa
- Authors: Pyper, Regina Christina
- Date: 2016
- Subjects: Sustainable development -- South Africa , Entrepreneurship -- South Africa , Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/5411 , vital:20838
- Description: Small and Medium Enterprises (SMEs) are engines of growth. It has been determined globally that these enterprises are the largest employers in economies. Small and Medium Enterprises fail fundamentally to succeed in South Africa. Many challenges and barriers were identified as the reason why the enterprise fails to survive or succeed for at least 42 months. Poor performance of the SMEs could be blamed on the lack of meaningful support including an over-regulated environment, red tape and the poor quality of education and training. A number of Small and Medium Enterprise owners in Turkey were interviewed to determine if the enterprise development support system contributed to success and economic growth. The government succeeded to improve the economy of Turkey profoundly by investing and supporting this very important sector. Turkey is positioned 17th in the world based on the Gross Domestic Product (GDP). The purpose of this study was to develop an entrepreneurial development framework for SMEs in South Africa. The government needs to support and implement this framework to stimulate economic growth, to address the poor quality of education and training and to establish a system to measure the performance of critical success factors. A case study research approach was employed to address five propositions that were investigated in this research project. Semi-structured interviews studied the perceptions and experiences of the SME owners in Turkey. The study found a positive relationship between economic growth, a meaningful enterprise development support system, education and training, critical success factors and entrepreneurship and the perceived success of entrepreneurial ventures in South Africa. The establishment and implementation of an entrepreneurial development framework will encourage the creation of new ventures. The government will be able to achieve the goal of economic growth as set out in the National Development Plan. The establishment of SMEs will result in employment, social stability, economic growth and the generation of tax revenues. The purpose of an entrepreneurial development framework is to ensure the sustainable economic development and prosperity of South Africa.
- Full Text:
- Date Issued: 2016
- Authors: Pyper, Regina Christina
- Date: 2016
- Subjects: Sustainable development -- South Africa , Entrepreneurship -- South Africa , Small business -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/5411 , vital:20838
- Description: Small and Medium Enterprises (SMEs) are engines of growth. It has been determined globally that these enterprises are the largest employers in economies. Small and Medium Enterprises fail fundamentally to succeed in South Africa. Many challenges and barriers were identified as the reason why the enterprise fails to survive or succeed for at least 42 months. Poor performance of the SMEs could be blamed on the lack of meaningful support including an over-regulated environment, red tape and the poor quality of education and training. A number of Small and Medium Enterprise owners in Turkey were interviewed to determine if the enterprise development support system contributed to success and economic growth. The government succeeded to improve the economy of Turkey profoundly by investing and supporting this very important sector. Turkey is positioned 17th in the world based on the Gross Domestic Product (GDP). The purpose of this study was to develop an entrepreneurial development framework for SMEs in South Africa. The government needs to support and implement this framework to stimulate economic growth, to address the poor quality of education and training and to establish a system to measure the performance of critical success factors. A case study research approach was employed to address five propositions that were investigated in this research project. Semi-structured interviews studied the perceptions and experiences of the SME owners in Turkey. The study found a positive relationship between economic growth, a meaningful enterprise development support system, education and training, critical success factors and entrepreneurship and the perceived success of entrepreneurial ventures in South Africa. The establishment and implementation of an entrepreneurial development framework will encourage the creation of new ventures. The government will be able to achieve the goal of economic growth as set out in the National Development Plan. The establishment of SMEs will result in employment, social stability, economic growth and the generation of tax revenues. The purpose of an entrepreneurial development framework is to ensure the sustainable economic development and prosperity of South Africa.
- Full Text:
- Date Issued: 2016
A proposed Christian-based governing model to increase the success of entrepreneurial ventures in South Africa
- Authors: Boshoff, Leslie Ian
- Date: 2016
- Subjects: Entrepreneurship -- South Africa , Success in business -- South Africa , Business -- Religious aspects , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Doctoral , DBA
- Identifier: http://hdl.handle.net/10948/4827 , vital:20712
- Description: The Republic of South Africa (RSA) became a democracy when the African National Congress (ANC) came to power in 1994. However, more than twenty years after the apartheid era, the people of the RSA are highly politicised and society still shows an extremely high level of inequality in income that is aggravated by the lack of formal job opportunities in the country. Disturbingly, early-stage entrepreneurial activity in the RSA declined from 7.8 percent in 2008 to 5 percent in 2009. As a result, the low levels of entrepreneurial activity are partly responsible for the stagnation in the structural transformation of the economy. The economy remains dependent on sectors such as agriculture and mining where looting, instability, violence and rent-seeking are endemic in spite of plentiful natural resources. As a consequence of these factors, manufacturing is becoming increasingly uncompetitive and the economy is becoming increasingly less innovative. The RSA‟s government leaders should have used the strengths of the country to minimise or rectify the weaknesses of the extremely high levels of inequality in income and the lack of formal job opportunities. Instead, these leaders identified their supporters, satisfied their short-term consumption demands, distributed jobs to the party faithful and provided social welfare to the poor. Additionally, the majority of school leavers are not pursuing tertiary studies but, with limited or little education, they still have to form part of the potential labour force of the future. The youth employment rate for 15 to 24 year-olds, in the RSA, is as low as 12.5 percent. Again, this highlights the importance of finding alternative ways to increase the population‟s participation in the economy, probably through some form of entrepreneurship. The purpose of this study was to develop a theoretical model with the main objective being to identify the factors (variables) that will promote growth, sustainability and good governance in Christian-owned Small, Micro and Medium Enterprises (SMME) within the RSA. Business is commonly viewed as a secular pursuit and religious people, particularly in Western societies, have a narrow view of the conceptual and practical application of their faith and spirituality in their businesses. As a result, the potential of businesses to influence communities, particularly with regard to issues such as social iniquities and cultural reform, good governance, responsible business behaviour, social capital, spiritual intelligence (SQ) and Christian entrepreneurship orientation appear to be, at worst, more or less irrelevant and, at best, greatly under-valued and under-utilised. The intersection of these constructs provides an understanding of how an entrepreneur‟s heightened consciousness in terms of his/her personal values and beliefs can affect his or her business activities and crucial characteristics of the entrepreneurial process, such as the recognition of opportunities, the creation of new ventures, as well as the operation and growth of these business ventures. This study uncovered a number of themes that shed light on how Christian SMME owner-managers rationalise the everyday dealings of their business lives as an expression of their faith. This study is an expression of a complex phenomenon that is extremely relevant in the present day and sharpens the focus on the important role that religious faith has to play in the field of business outcomes. Many Christian entrepreneurs express a motivational need to give back to their communities, customers and other stakeholders of the business venture. Christian entrepreneurs value intrinsic factors like purpose, passionate work and personal calling above wealth, fame, power, money, and recognition. A combination of Christian character traits forms the backbone of a Christian‟s internal power and purpose. God created people to glorify Him and this purpose is achieved through the fulfilling of a personal calling. A calling is often accompanied by a conviction of divine influence and the vocation in which one customarily engages. The call to the Christian entrepreneur is to be the salt and light in an environment (Mathew 5:13) like RSA, that is not conducive to entrepreneurial behaviour, where unemployment is very high, infrastructure is buckling under the pressures of bad management and corruption is rife.
- Full Text:
- Date Issued: 2016
- Authors: Boshoff, Leslie Ian
- Date: 2016
- Subjects: Entrepreneurship -- South Africa , Success in business -- South Africa , Business -- Religious aspects , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Doctoral , DBA
- Identifier: http://hdl.handle.net/10948/4827 , vital:20712
- Description: The Republic of South Africa (RSA) became a democracy when the African National Congress (ANC) came to power in 1994. However, more than twenty years after the apartheid era, the people of the RSA are highly politicised and society still shows an extremely high level of inequality in income that is aggravated by the lack of formal job opportunities in the country. Disturbingly, early-stage entrepreneurial activity in the RSA declined from 7.8 percent in 2008 to 5 percent in 2009. As a result, the low levels of entrepreneurial activity are partly responsible for the stagnation in the structural transformation of the economy. The economy remains dependent on sectors such as agriculture and mining where looting, instability, violence and rent-seeking are endemic in spite of plentiful natural resources. As a consequence of these factors, manufacturing is becoming increasingly uncompetitive and the economy is becoming increasingly less innovative. The RSA‟s government leaders should have used the strengths of the country to minimise or rectify the weaknesses of the extremely high levels of inequality in income and the lack of formal job opportunities. Instead, these leaders identified their supporters, satisfied their short-term consumption demands, distributed jobs to the party faithful and provided social welfare to the poor. Additionally, the majority of school leavers are not pursuing tertiary studies but, with limited or little education, they still have to form part of the potential labour force of the future. The youth employment rate for 15 to 24 year-olds, in the RSA, is as low as 12.5 percent. Again, this highlights the importance of finding alternative ways to increase the population‟s participation in the economy, probably through some form of entrepreneurship. The purpose of this study was to develop a theoretical model with the main objective being to identify the factors (variables) that will promote growth, sustainability and good governance in Christian-owned Small, Micro and Medium Enterprises (SMME) within the RSA. Business is commonly viewed as a secular pursuit and religious people, particularly in Western societies, have a narrow view of the conceptual and practical application of their faith and spirituality in their businesses. As a result, the potential of businesses to influence communities, particularly with regard to issues such as social iniquities and cultural reform, good governance, responsible business behaviour, social capital, spiritual intelligence (SQ) and Christian entrepreneurship orientation appear to be, at worst, more or less irrelevant and, at best, greatly under-valued and under-utilised. The intersection of these constructs provides an understanding of how an entrepreneur‟s heightened consciousness in terms of his/her personal values and beliefs can affect his or her business activities and crucial characteristics of the entrepreneurial process, such as the recognition of opportunities, the creation of new ventures, as well as the operation and growth of these business ventures. This study uncovered a number of themes that shed light on how Christian SMME owner-managers rationalise the everyday dealings of their business lives as an expression of their faith. This study is an expression of a complex phenomenon that is extremely relevant in the present day and sharpens the focus on the important role that religious faith has to play in the field of business outcomes. Many Christian entrepreneurs express a motivational need to give back to their communities, customers and other stakeholders of the business venture. Christian entrepreneurs value intrinsic factors like purpose, passionate work and personal calling above wealth, fame, power, money, and recognition. A combination of Christian character traits forms the backbone of a Christian‟s internal power and purpose. God created people to glorify Him and this purpose is achieved through the fulfilling of a personal calling. A calling is often accompanied by a conviction of divine influence and the vocation in which one customarily engages. The call to the Christian entrepreneur is to be the salt and light in an environment (Mathew 5:13) like RSA, that is not conducive to entrepreneurial behaviour, where unemployment is very high, infrastructure is buckling under the pressures of bad management and corruption is rife.
- Full Text:
- Date Issued: 2016
An analysis of alternative objective measures of economic performance and social development.
- Authors: Hlanti, Msawenkosi Madoda
- Date: 2014
- Subjects: National income -- Economic aspects -- South Africa -- Evaluation , Economic development -- Social aspects -- South Africa -- Evaluation , Gross domestic product -- South Africa , Sustainable development -- South Africa , Social planning -- South Africa , Economic policy , South Africa -- Social conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1099 , http://hdl.handle.net/10962/d1013144
- Description: The measurement of economic performance and social development has become increasingly important as societies have evolved and become more complex. At present nations do not only seek to improve economic performance but are also compelled to improve social development through improvements in socially and environmentally sustainable initiatives. Traditional measures such as Gross Domestic Product (GDP) which is derived from United Nations’ System of National Accounts (SNA) have been criticised given the inability to adequately account for these social and environmental aspects of social development. Given these perceived deficiencies in the conventional measures, several alternative objective measures have been proposed in an attempt to address these shortcomings. Therefore the primary aim of this study is to analyse, via a literature survey, these alternative objective measures of economic performance and social development. The alternative measures that constitute the survey are the Index of Sustainable Economic Welfare (ISEW), the Genuine Savings (GS), and the United Nations’ Human Development Index (HDI). Upon the completion of the literature survey, sustainable development theory is used to evaluate the extent to which the National Accounts and the alternative objective measures are consistent with Hicksian and Fisherian definitions of income and capital, which embody the concepts of sustainability and sustainable development. The evaluation reveals that the National Accounts neither conform to the Hicksian nor the Fisherian definitions of income, thus could not be viewed as a measure of sustainable income. It is found that the ISEW is consistent with the Fisherian definition of income and is also a partial indicator of sustainable development. The evaluation of the GS measure reveals that it is consistent with the Hicksian definition but not the Fisherian definition. In terms of overall sustainability, it is argued that GS is a partial measure of weak sustainability. The HDI is similar to the National Accounts, in that it is neither consistent with the Hicksian nor the Fisherian definitions of income and is also not a measure of sustainability. In summary, the study demonstrates that despite GDP's shortcomings as a measure of economic performance and social development, currently, there is no alternative approach which simultaneously addresses every flaw in GDP. However, all the alternatives yield a much better approximation of social development than GDP.
- Full Text:
- Date Issued: 2014
- Authors: Hlanti, Msawenkosi Madoda
- Date: 2014
- Subjects: National income -- Economic aspects -- South Africa -- Evaluation , Economic development -- Social aspects -- South Africa -- Evaluation , Gross domestic product -- South Africa , Sustainable development -- South Africa , Social planning -- South Africa , Economic policy , South Africa -- Social conditions
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1099 , http://hdl.handle.net/10962/d1013144
- Description: The measurement of economic performance and social development has become increasingly important as societies have evolved and become more complex. At present nations do not only seek to improve economic performance but are also compelled to improve social development through improvements in socially and environmentally sustainable initiatives. Traditional measures such as Gross Domestic Product (GDP) which is derived from United Nations’ System of National Accounts (SNA) have been criticised given the inability to adequately account for these social and environmental aspects of social development. Given these perceived deficiencies in the conventional measures, several alternative objective measures have been proposed in an attempt to address these shortcomings. Therefore the primary aim of this study is to analyse, via a literature survey, these alternative objective measures of economic performance and social development. The alternative measures that constitute the survey are the Index of Sustainable Economic Welfare (ISEW), the Genuine Savings (GS), and the United Nations’ Human Development Index (HDI). Upon the completion of the literature survey, sustainable development theory is used to evaluate the extent to which the National Accounts and the alternative objective measures are consistent with Hicksian and Fisherian definitions of income and capital, which embody the concepts of sustainability and sustainable development. The evaluation reveals that the National Accounts neither conform to the Hicksian nor the Fisherian definitions of income, thus could not be viewed as a measure of sustainable income. It is found that the ISEW is consistent with the Fisherian definition of income and is also a partial indicator of sustainable development. The evaluation of the GS measure reveals that it is consistent with the Hicksian definition but not the Fisherian definition. In terms of overall sustainability, it is argued that GS is a partial measure of weak sustainability. The HDI is similar to the National Accounts, in that it is neither consistent with the Hicksian nor the Fisherian definitions of income and is also not a measure of sustainability. In summary, the study demonstrates that despite GDP's shortcomings as a measure of economic performance and social development, currently, there is no alternative approach which simultaneously addresses every flaw in GDP. However, all the alternatives yield a much better approximation of social development than GDP.
- Full Text:
- Date Issued: 2014
Learning pathways for improving rehabilitation practices in the mining industry : two cases of coal mining and borrow pits
- Authors: Mphinyane, Andani
- Date: 2014
- Subjects: Coal mines and mining -- Environmental aspects -- South Africa , Environmental education -- South Africa , Sustainable development -- South Africa , Coal miners -- Education (Continuing education) -- South Africa , Borrow pits -- South Africa
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: vital:1989 , http://hdl.handle.net/10962/d1013271
- Description: This research investigates cases of learning pathways for improving rehabilitation practices for key occupations in the mining industry. The study is set up as a partnership research programme between Rhodes University Environmental Learning Research Centre in South Africa, and the South African Qualification Authority, focussing on workplace learning and sustainability practices. This research programme seeks to understand the implications of the move to a knowledge society, with its emphasis on knowledge building over time, particularly in and for the environmental sector. The research was conducted as a qualitative case study that made use of semi-structured interviews, document analysis, visual photographs and observations as instruments of data gathering. Participants were sampled from two case studies, one in Limpopo province and the other one in Mpumalanga Province, who are directly involved in rehabilitation practices and related education and training programmes. The study makes use of career stories from the key occupations to provide insight into workplace learning pathways to inform education and training in the mining industry. A series of analytical statements captures some of the main findings on early education histories, career choices, learning pathway decisions and experiences related to sustainable practices and some complexities related to learning pathways. Environment and sustainability education is a cross-cutting issue in the NQF; and it pertains to the mining sector, especially to rehabilitation practices, which form the focus of this study as little is known about learning pathways associated with these sustainability practices. Insights from the study should enable the sector to enhance rehabilitation training for key occupations and at the same time encourage lifelong learning contributing towards sustainable development.
- Full Text:
- Date Issued: 2014
- Authors: Mphinyane, Andani
- Date: 2014
- Subjects: Coal mines and mining -- Environmental aspects -- South Africa , Environmental education -- South Africa , Sustainable development -- South Africa , Coal miners -- Education (Continuing education) -- South Africa , Borrow pits -- South Africa
- Language: English
- Type: Thesis , Masters , MEd
- Identifier: vital:1989 , http://hdl.handle.net/10962/d1013271
- Description: This research investigates cases of learning pathways for improving rehabilitation practices for key occupations in the mining industry. The study is set up as a partnership research programme between Rhodes University Environmental Learning Research Centre in South Africa, and the South African Qualification Authority, focussing on workplace learning and sustainability practices. This research programme seeks to understand the implications of the move to a knowledge society, with its emphasis on knowledge building over time, particularly in and for the environmental sector. The research was conducted as a qualitative case study that made use of semi-structured interviews, document analysis, visual photographs and observations as instruments of data gathering. Participants were sampled from two case studies, one in Limpopo province and the other one in Mpumalanga Province, who are directly involved in rehabilitation practices and related education and training programmes. The study makes use of career stories from the key occupations to provide insight into workplace learning pathways to inform education and training in the mining industry. A series of analytical statements captures some of the main findings on early education histories, career choices, learning pathway decisions and experiences related to sustainable practices and some complexities related to learning pathways. Environment and sustainability education is a cross-cutting issue in the NQF; and it pertains to the mining sector, especially to rehabilitation practices, which form the focus of this study as little is known about learning pathways associated with these sustainability practices. Insights from the study should enable the sector to enhance rehabilitation training for key occupations and at the same time encourage lifelong learning contributing towards sustainable development.
- Full Text:
- Date Issued: 2014
Assessing the impact of the transition from MIDP to APDP in the South African automotive industry
- Authors: Strydom, Elwin
- Date: 2015
- Subjects: Automobile industry and trade -- South Africa , Sustainable development -- South Africa , Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/5908 , vital:21010
- Description: The South African automotive industry is by no means a ―cut and paste‖ version of their overseas counterparts. The industry and the market are very complex. The historical background of the industry is such that companies have difficulty forming partnerships and joint ventures with bigger international conglomerates. The difficulty with this kind of mindset is that it is restricting growth and development of the nation as a whole. Globalisation is a future we cannot be avoided. Should the nation continue to reject it and embrace the mindset of countries in Africa, South Africa (SA) will continue on the path that the rest of Africa is heading, a path that leading to self-destruct and segregation. Even though SA is a developing country, it is in some areas as developed as many other first world countries. For a country to generate wealth it needs to be innovative and develop an entrepreneurial consciousness. A young country like South Africa needs creative thinkers and opportunists that can see into the future, seizing every opportunity, to grow and develop new ideas and business. In order for a country to grow it needs a leadership that is to nurture the baby of innovation. If South Africa wants to be part of the global village it need to develop a trade policy that welcomes trade and at the same time creates stable and sustainable jobs. The environment for investments needs to be cultivated in a problem-free and growth prone nation. This can only happen when the educational level of the nation is improved. The fact that so many skilled workers need to be imported creates tension in the labour market. People with talent need to have a reason to stay in the country. Their salaries should match that of their overseas counterparts. Furthermore, with the same skill level and work ethic, should have the same rewards and remuneration.
- Full Text:
- Date Issued: 2015
- Authors: Strydom, Elwin
- Date: 2015
- Subjects: Automobile industry and trade -- South Africa , Sustainable development -- South Africa , Economic development -- South Africa
- Language: English
- Type: Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10948/5908 , vital:21010
- Description: The South African automotive industry is by no means a ―cut and paste‖ version of their overseas counterparts. The industry and the market are very complex. The historical background of the industry is such that companies have difficulty forming partnerships and joint ventures with bigger international conglomerates. The difficulty with this kind of mindset is that it is restricting growth and development of the nation as a whole. Globalisation is a future we cannot be avoided. Should the nation continue to reject it and embrace the mindset of countries in Africa, South Africa (SA) will continue on the path that the rest of Africa is heading, a path that leading to self-destruct and segregation. Even though SA is a developing country, it is in some areas as developed as many other first world countries. For a country to generate wealth it needs to be innovative and develop an entrepreneurial consciousness. A young country like South Africa needs creative thinkers and opportunists that can see into the future, seizing every opportunity, to grow and develop new ideas and business. In order for a country to grow it needs a leadership that is to nurture the baby of innovation. If South Africa wants to be part of the global village it need to develop a trade policy that welcomes trade and at the same time creates stable and sustainable jobs. The environment for investments needs to be cultivated in a problem-free and growth prone nation. This can only happen when the educational level of the nation is improved. The fact that so many skilled workers need to be imported creates tension in the labour market. People with talent need to have a reason to stay in the country. Their salaries should match that of their overseas counterparts. Furthermore, with the same skill level and work ethic, should have the same rewards and remuneration.
- Full Text:
- Date Issued: 2015
The impact of poverty alleviation on sustainable development in South Africa and Uganda
- Authors: Ngonde, Nicholas
- Date: 2018
- Subjects: Sustainable development -- South Africa , Sustainable development -- Uganda Economic development -- South Africa Economic development -- Uganda South Africa -- Economic conditions Uganda -- Economic conditions Poverty -- South Africa Poverty -- Uganda
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/33419 , vital:32852
- Description: The success of a nation is often determined by economic growth which, however, cannot reduce poverty, create jobs and enhance the general standards of living on its own. Therefore, policy makers should focus on policies that are more inclusive and promote sustainable development. Currently, poverty is the greatest threat to the achievement of sustainable development in most regions of the world. This study thus sought to investigate the impact of poverty alleviation on sustainable development in South Africa and Uganda. An Autoregressive Distributed Lags model (ARDL) was used in order to achieve the aim of this study. The variables analysed in this study were: The Human Sustainable Development Index as an indicator of sustainable development, gross national income per capita as an indicator of poverty, as well as life expectancy, expected years of schooling and carbon dioxide emissions (metric tons per capita) for the period during 1990 and 2014. The empirical findings in this study revealed that all the variables share a long run relationship in both countries. These results also showed that, in the long run, a reduction in poverty and an increase in the expected years of schooling had a significant positive impact on sustainable development, while an increase in the carbon dioxide emissions had a negative effect on sustainable development within South Africa. On the other hand, a reduction in poverty and an increase in the expected years of schooling had a positive effect on sustainable development in Uganda in the long run, unlike carbon dioxide emissions that had no effect. Since a cointegrating relationship was found to exist between the variables, an Error Correction Model (ECM) was estimated. The ECM results revealed that, for South Africa, poverty alleviation had no impact on sustainable development in the short run, unlike expected years of schooling and carbon dioxide emissions that had a positive and negative impact, respectively. In Uganda however, poverty alleviation and expected years of schooling had a positive impact on sustainable development unlike carbon dioxide emissions that had no impact. This study thus revealed that poverty alleviation positively influences the level of sustainable development. However, achieving sustainable development does not solely rely on reducing poverty, but requires policy makers to design strategies that are inclusive and encompass the different aspects of sustainable development.
- Full Text:
- Date Issued: 2018
- Authors: Ngonde, Nicholas
- Date: 2018
- Subjects: Sustainable development -- South Africa , Sustainable development -- Uganda Economic development -- South Africa Economic development -- Uganda South Africa -- Economic conditions Uganda -- Economic conditions Poverty -- South Africa Poverty -- Uganda
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: http://hdl.handle.net/10948/33419 , vital:32852
- Description: The success of a nation is often determined by economic growth which, however, cannot reduce poverty, create jobs and enhance the general standards of living on its own. Therefore, policy makers should focus on policies that are more inclusive and promote sustainable development. Currently, poverty is the greatest threat to the achievement of sustainable development in most regions of the world. This study thus sought to investigate the impact of poverty alleviation on sustainable development in South Africa and Uganda. An Autoregressive Distributed Lags model (ARDL) was used in order to achieve the aim of this study. The variables analysed in this study were: The Human Sustainable Development Index as an indicator of sustainable development, gross national income per capita as an indicator of poverty, as well as life expectancy, expected years of schooling and carbon dioxide emissions (metric tons per capita) for the period during 1990 and 2014. The empirical findings in this study revealed that all the variables share a long run relationship in both countries. These results also showed that, in the long run, a reduction in poverty and an increase in the expected years of schooling had a significant positive impact on sustainable development, while an increase in the carbon dioxide emissions had a negative effect on sustainable development within South Africa. On the other hand, a reduction in poverty and an increase in the expected years of schooling had a positive effect on sustainable development in Uganda in the long run, unlike carbon dioxide emissions that had no effect. Since a cointegrating relationship was found to exist between the variables, an Error Correction Model (ECM) was estimated. The ECM results revealed that, for South Africa, poverty alleviation had no impact on sustainable development in the short run, unlike expected years of schooling and carbon dioxide emissions that had a positive and negative impact, respectively. In Uganda however, poverty alleviation and expected years of schooling had a positive impact on sustainable development unlike carbon dioxide emissions that had no impact. This study thus revealed that poverty alleviation positively influences the level of sustainable development. However, achieving sustainable development does not solely rely on reducing poverty, but requires policy makers to design strategies that are inclusive and encompass the different aspects of sustainable development.
- Full Text:
- Date Issued: 2018
Livelihoods and natural resource use along the rural-urban continuum
- Authors: Ward, Catherine Dale
- Date: 2013
- Subjects: Natural resources -- South Africa , Human ecology -- South Africa , Cities and towns -- Growth -- South Africa , Natural resources -- Management -- South Africa , Rural poor -- South Africa , Urban poor -- South Africa , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4727 , http://hdl.handle.net/10962/d1001669 , Natural resources -- South Africa , Human ecology -- South Africa , Cities and towns -- Growth -- South Africa , Natural resources -- Management -- South Africa , Rural poor -- South Africa , Urban poor -- South Africa , Sustainable development -- South Africa
- Description: Over the last century, developing countries have undergone rapid urbanisation resulting in marked social, economic and environmental changes. Africa is the least urbanised continent in the world but trends indicate that it is also the most rapidly urbanising region, accompanied by rising urban poverty. Urbanisation processes are often most pronounced in smaller urban centres since they experience the most severe pressures of population growth. Little is known about the role natural resources play along the rural-urban continuum and even less is known about the contribution of these resources within an urban context, particularly in small urban centres. In many sub-Saharan African cities, urban agriculture (the informal production of food in urban areas) has been used as a strategy to cope with increasing poverty levels but its role remains widely debated and uncertain. This thesis seeks to analyse the impacts of urbanisation on livelihoods and natural resource use, including home gardening and the collection of wild resources, in two South African towns and data was collected along the rural-urban continuum in Queenstown (Eastern Cape province) and Phalaborwa (Limpopo Province). Practices and contributions associated with agriculture and wild resource use were found to be significantly higher in Phalaborwa and this could be attributed to favourable environmental conditions and accessibility to wild resources due to the surrounding Mopani Bushveld. Rural households in Queenstown and Phalaborwa were more reliant on natural resources than their urban counterparts, but still diverse and incorporated a number of land-based and cash income generating strategies. Urban households tended to rely on one primary cash income strategy such as wage employment or state grants. However, natural resources did appear to play a subtle role in urban settings and particularly in the townships, where exclusion of natural resource contributions saw poverty levels increase up to 5%. Home gardening was practised by a wide range of people and not restricted to any one income group and, not surprisingly, wealthy cultivators who had access to resources such as land, water and fertilizer enjoyed increased benefits such as high produce yields. The results obtained suggest that rural-urban dynamics are complex and natural resource use in local livelihoods is contextualised within environmental settings, social preferences and historical contexts. Increasing pressures from the influx of people into small urban centres calls for a better understanding to how these processes are affecting livelihoods and natural resources to ensure sustainable management in the future.
- Full Text:
- Date Issued: 2013
- Authors: Ward, Catherine Dale
- Date: 2013
- Subjects: Natural resources -- South Africa , Human ecology -- South Africa , Cities and towns -- Growth -- South Africa , Natural resources -- Management -- South Africa , Rural poor -- South Africa , Urban poor -- South Africa , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4727 , http://hdl.handle.net/10962/d1001669 , Natural resources -- South Africa , Human ecology -- South Africa , Cities and towns -- Growth -- South Africa , Natural resources -- Management -- South Africa , Rural poor -- South Africa , Urban poor -- South Africa , Sustainable development -- South Africa
- Description: Over the last century, developing countries have undergone rapid urbanisation resulting in marked social, economic and environmental changes. Africa is the least urbanised continent in the world but trends indicate that it is also the most rapidly urbanising region, accompanied by rising urban poverty. Urbanisation processes are often most pronounced in smaller urban centres since they experience the most severe pressures of population growth. Little is known about the role natural resources play along the rural-urban continuum and even less is known about the contribution of these resources within an urban context, particularly in small urban centres. In many sub-Saharan African cities, urban agriculture (the informal production of food in urban areas) has been used as a strategy to cope with increasing poverty levels but its role remains widely debated and uncertain. This thesis seeks to analyse the impacts of urbanisation on livelihoods and natural resource use, including home gardening and the collection of wild resources, in two South African towns and data was collected along the rural-urban continuum in Queenstown (Eastern Cape province) and Phalaborwa (Limpopo Province). Practices and contributions associated with agriculture and wild resource use were found to be significantly higher in Phalaborwa and this could be attributed to favourable environmental conditions and accessibility to wild resources due to the surrounding Mopani Bushveld. Rural households in Queenstown and Phalaborwa were more reliant on natural resources than their urban counterparts, but still diverse and incorporated a number of land-based and cash income generating strategies. Urban households tended to rely on one primary cash income strategy such as wage employment or state grants. However, natural resources did appear to play a subtle role in urban settings and particularly in the townships, where exclusion of natural resource contributions saw poverty levels increase up to 5%. Home gardening was practised by a wide range of people and not restricted to any one income group and, not surprisingly, wealthy cultivators who had access to resources such as land, water and fertilizer enjoyed increased benefits such as high produce yields. The results obtained suggest that rural-urban dynamics are complex and natural resource use in local livelihoods is contextualised within environmental settings, social preferences and historical contexts. Increasing pressures from the influx of people into small urban centres calls for a better understanding to how these processes are affecting livelihoods and natural resources to ensure sustainable management in the future.
- Full Text:
- Date Issued: 2013
Financing sustainable cities in South Africa
- Authors: Ducie, Gregory Justin
- Date: 2017
- Subjects: Sustainable development -- South Africa , Cities and towns -- South Africa -- Economic conditions Finance -- South Africa Developing countries -- Economic conditions
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: http://hdl.handle.net/10948/15577 , vital:28273
- Description: Although directives exist with respect to promoting sustainable development, financial strategies to cater for collective sustainable development, along with an increasing population, need to be formulated relevant to metropolitan and urban areas. This study determined the infrastructure investment basis of a sustainable city to investigate various funding mechanisms resulting in the design of a model for the financing of sustainable cities. For the study, first the various infrastructure investment alternatives were established from the literature, and thirteen themes and their relevant interventions were identified. Tangible and intangible methods of assessment were then identified as ways to calculate the acceptability of an intervention. A case study based on a hypothetical city was developed to determine the infrastructure investment base. Initially, only one intervention of a theme was populated and then confirmed by city development experts. Thereafter, all the themes were populated, and the acceptability of the interventions were determined. This provided an overview of the investment base of a sustainable city. The investment base facilitated deriving applicable tools and instruments to finance it. As a result, possible finance alternatives were derived for each of the identified themes. Although most of the financing of sustainable cities revolved around public sector finance, the private sector also played an important role for the financing of sustainable cities. Based on the investment base for sustainable cities and the resultant financing thereof, a model for the financing of sustainable cities was developed. The model consisted of four components. Firstly, the model included an application of financing tools and instruments relevant to the identified themes of sustainable city development. Secondly, the model included the application of financing tools and instruments with respect to an immediate interventionist focus, a facilitative focus, a gradual intervention and an enabling intervention. Thirdly, the model included financing tools and instrument types in terms of incentive, opportunity, punitive and mandatory interventions. Fourthly, the model included the application of financing tools and instruments with respect to scale in terms of a city-wide application, sector-wide application, urban application or suburban application. In addition, the model included the application of financing tools and instruments and their relation to addressing poverty within the city context. Although the public sector will always remain the key initiator behind infrastructure development, various mechanisms of financing, along with applicable financing partners and the basis of investment, are required to address future sustainable cities. This study may potentially form the basis of that platform.
- Full Text:
- Date Issued: 2017
- Authors: Ducie, Gregory Justin
- Date: 2017
- Subjects: Sustainable development -- South Africa , Cities and towns -- South Africa -- Economic conditions Finance -- South Africa Developing countries -- Economic conditions
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: http://hdl.handle.net/10948/15577 , vital:28273
- Description: Although directives exist with respect to promoting sustainable development, financial strategies to cater for collective sustainable development, along with an increasing population, need to be formulated relevant to metropolitan and urban areas. This study determined the infrastructure investment basis of a sustainable city to investigate various funding mechanisms resulting in the design of a model for the financing of sustainable cities. For the study, first the various infrastructure investment alternatives were established from the literature, and thirteen themes and their relevant interventions were identified. Tangible and intangible methods of assessment were then identified as ways to calculate the acceptability of an intervention. A case study based on a hypothetical city was developed to determine the infrastructure investment base. Initially, only one intervention of a theme was populated and then confirmed by city development experts. Thereafter, all the themes were populated, and the acceptability of the interventions were determined. This provided an overview of the investment base of a sustainable city. The investment base facilitated deriving applicable tools and instruments to finance it. As a result, possible finance alternatives were derived for each of the identified themes. Although most of the financing of sustainable cities revolved around public sector finance, the private sector also played an important role for the financing of sustainable cities. Based on the investment base for sustainable cities and the resultant financing thereof, a model for the financing of sustainable cities was developed. The model consisted of four components. Firstly, the model included an application of financing tools and instruments relevant to the identified themes of sustainable city development. Secondly, the model included the application of financing tools and instruments with respect to an immediate interventionist focus, a facilitative focus, a gradual intervention and an enabling intervention. Thirdly, the model included financing tools and instrument types in terms of incentive, opportunity, punitive and mandatory interventions. Fourthly, the model included the application of financing tools and instruments with respect to scale in terms of a city-wide application, sector-wide application, urban application or suburban application. In addition, the model included the application of financing tools and instruments and their relation to addressing poverty within the city context. Although the public sector will always remain the key initiator behind infrastructure development, various mechanisms of financing, along with applicable financing partners and the basis of investment, are required to address future sustainable cities. This study may potentially form the basis of that platform.
- Full Text:
- Date Issued: 2017
Property development in Mthatha: an interactive framework
- Authors: Bavu, Sonwabile
- Date: 2017
- Subjects: Real estate development -- South Africa -- Eastern Cape Land use -- South Africa -- Eastern Cape , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/14553 , vital:27761
- Description: Property development (PD) is basically driven by the need or demand from the people. Sustainable property development has emerged in response to a global problem – and the need to maintain environmental integrity, according to Gurry (2011) cited by Botha (2013: 7). Keeping and Shiers (2004) state that property development, as a whole, has to balance social, economic and environmental needs. Emanating from the above, any successful development project must offer investors security, infrastructure and efficiency and should also put the needs of citizens at the forefront of all its planning activities. Availability of land, existing infrastructure, availability of finance, economic conditions, political influence and corruption always influence growth of property development in any area. This study aims to identify factors that contribute to lack of property development in Mthatha. Data collected shows that the challenges sometimes lead to failure and delays of the development. The purpose of this study is to identify these challenges, investigate the available literature, consider what has been done so far to address these challenges and make recommendations. It is essential to understand the state of the town and perceptions of the people in the area dealing with Property Development. Mthatha is the main focus of the study because of the perceived number of failed and delayed property development initiatives. The primary and secondary data collected provide the basis for understanding challenges that lead to such failures and delays. This research was conducted by means of a review of the related literature and an empirical study. The empirical study was conducted using a quantitative statistical approach by distributing research questionnaires to members falling within the sample population. The primary objective of the study is to develop a framework for successful implementation of property developments in Mthatha. The study’s findings reveal shortcomings which contribute to the study’s identified problems relating to property development in Mthatha, namely: decaying infrastructure, shortage of land, implementation of the IDP, availability of finance to promote real estate developments, political influence and corruption. Wikipedia defines Property Development as a “multifaceted business encompassing activities that range from the renovations and release of existing buildings to the purchase of land and the sale of improved land or parcels to others”. Harvey and Jowsey (2004), as cited by Botha (2013: 5), define Property Development as a process that involves changing or intensifying the use of land to produce buildings for occupation.
- Full Text:
- Date Issued: 2017
- Authors: Bavu, Sonwabile
- Date: 2017
- Subjects: Real estate development -- South Africa -- Eastern Cape Land use -- South Africa -- Eastern Cape , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/14553 , vital:27761
- Description: Property development (PD) is basically driven by the need or demand from the people. Sustainable property development has emerged in response to a global problem – and the need to maintain environmental integrity, according to Gurry (2011) cited by Botha (2013: 7). Keeping and Shiers (2004) state that property development, as a whole, has to balance social, economic and environmental needs. Emanating from the above, any successful development project must offer investors security, infrastructure and efficiency and should also put the needs of citizens at the forefront of all its planning activities. Availability of land, existing infrastructure, availability of finance, economic conditions, political influence and corruption always influence growth of property development in any area. This study aims to identify factors that contribute to lack of property development in Mthatha. Data collected shows that the challenges sometimes lead to failure and delays of the development. The purpose of this study is to identify these challenges, investigate the available literature, consider what has been done so far to address these challenges and make recommendations. It is essential to understand the state of the town and perceptions of the people in the area dealing with Property Development. Mthatha is the main focus of the study because of the perceived number of failed and delayed property development initiatives. The primary and secondary data collected provide the basis for understanding challenges that lead to such failures and delays. This research was conducted by means of a review of the related literature and an empirical study. The empirical study was conducted using a quantitative statistical approach by distributing research questionnaires to members falling within the sample population. The primary objective of the study is to develop a framework for successful implementation of property developments in Mthatha. The study’s findings reveal shortcomings which contribute to the study’s identified problems relating to property development in Mthatha, namely: decaying infrastructure, shortage of land, implementation of the IDP, availability of finance to promote real estate developments, political influence and corruption. Wikipedia defines Property Development as a “multifaceted business encompassing activities that range from the renovations and release of existing buildings to the purchase of land and the sale of improved land or parcels to others”. Harvey and Jowsey (2004), as cited by Botha (2013: 5), define Property Development as a process that involves changing or intensifying the use of land to produce buildings for occupation.
- Full Text:
- Date Issued: 2017
An evaluation of the sustainability of poverty alleviation projects in the Amatole District Municipality
- Authors: Quma, Nosintu
- Date: 2011
- Subjects: Poverty -- South Africa -- Eastern Cape , Sustainable development -- South Africa , Economic development projects -- South Africa
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9153 , http://hdl.handle.net/10948/d1019727
- Description: There are escalating levels of poverty and unemployment in the Eastern Cape, despite the poverty alleviation programmes that have been established since 1994. The overall aim of the research was to investigate the sustainability of poverty alleviation projects in Amatole District Municipality in the Eastern Cape at Ngqushwa Local Municipality. The study focused on the following aspects: project management, capacity building, monitoring and mentoring, the market and the views community members have on poverty alleviation projects. The research sought to find out what challenges have been encountered by Sipheleke Food Security Project that might lead to the project not being sustainable. The study concluded that poverty alleviation projects are not sustainable because of lack of commitment from project members, market, capacity, management skills and scarcity of water.
- Full Text:
- Date Issued: 2011
- Authors: Quma, Nosintu
- Date: 2011
- Subjects: Poverty -- South Africa -- Eastern Cape , Sustainable development -- South Africa , Economic development projects -- South Africa
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9153 , http://hdl.handle.net/10948/d1019727
- Description: There are escalating levels of poverty and unemployment in the Eastern Cape, despite the poverty alleviation programmes that have been established since 1994. The overall aim of the research was to investigate the sustainability of poverty alleviation projects in Amatole District Municipality in the Eastern Cape at Ngqushwa Local Municipality. The study focused on the following aspects: project management, capacity building, monitoring and mentoring, the market and the views community members have on poverty alleviation projects. The research sought to find out what challenges have been encountered by Sipheleke Food Security Project that might lead to the project not being sustainable. The study concluded that poverty alleviation projects are not sustainable because of lack of commitment from project members, market, capacity, management skills and scarcity of water.
- Full Text:
- Date Issued: 2011
Risk preferences and consumption decisions in organic production: the case of Kwazulu-Natal and Eastern Cape provinces of South Africa
- Authors: Kisaka-Lwayo, Maggie
- Date: 2012
- Subjects: Food security -- South Africa , Sustainable development -- South Africa , Organic farming -- South Africa , Natural foods industry -- South Africa , Risk management -- South Africa , Consumers -- South Africa
- Language: English
- Type: Thesis , Doctoral , PhD (Agricultural Economics)
- Identifier: vital:11188 , http://hdl.handle.net/10353/492 , Food security -- South Africa , Sustainable development -- South Africa , Organic farming -- South Africa , Natural foods industry -- South Africa , Risk management -- South Africa , Consumers -- South Africa
- Description: Despite phenomenal success of the commercial agricultural sector in South Africa and significant progress in integrating smallholders since democratic reforms, food security concerns remain. Recent global increases in food prices have further exacerbated vulnerabilities and made it imperative to examine alternative food production questions in the country. Organic agriculture is identified as one of the sustainable approaches to farming and offers insights towards a paradigm shift in food and nutritional security. Notwithstanding, consumer awareness, knowledge and consumption of organic foods are significantly lower in developing than developed countries. Risks associated with adoption of organic practices need to be explored to address the supply and demand constraints. Similarly, while consumer awareness of organic foods is the first step in developing demand for organic products, it does not necessarily translate to consumption. Therefore it is important to investigate these issues. The objectives of this study were to: (i) describe the demographic and socio-economic characteristics of organic farmers and consumers; (ii) establish the determinants of farmers‘ decision to participate in organic farming distinguishing between the fully-certified organic, partially-certified organic and non-organic farmers; (iii) elicit farmers risk preferences and empirically analyse farmers sources of risk and risk management strategies; (iv) explore consumer awareness, perceptions and attitudes regarding organic products; and (v) identify the factors that influence consumer‘s preference and consumption of organic products. A total of 400 respondents were surveyed, consisting of 200 smallholder farmers in KwaZulu-Natal and 200 consumers in the Eastern Cape. The KwaZulu-Natal study was conducted earlier and identified the following as major sources of risk, lack of consumer awareness of organic products and lack of information among producers about consumer preferences for organic products. This informed the need to undertake a consumer awareness and preference study, in order to inform producers. The Eastern Cape is a bordering province to KwaZulu-Natal with similar socio economic conditions and a major consumer of produce from KwaZulu-Natal. It was also expected that in the intervening period there could have been awareness about the product. An vii indication of its appeal would not be in the consumption of the product by the people who grow it, but by consumers who reside in bordering regions. Producer and household questionnaires were used to record household activities, socio-economic and institutional data as well as household demographics through personal interviews. The Arrow Pratt Absolute Risk Aversion (APARA) coefficient was used to measure the farmer‘s degree of risk aversion and the experimental gambling approach to establish the risk classification. Consumers were also asked about their awareness and knowledge about organics, attitudes and perceptions towards organics, preference and consumption patterns. The ordered probit results indicate that older farmers, who are less risk averse and reside in the sub-ward Ogagwini, Ezigani, and Hwayi were more likely to be certified organic farmers. Similarly, the propensity to adopt organic farming is positively correlated to household size, livestock ownership, asset base and tenure security. The risk analysis indicates that at higher pay-offs most farmers are intermediate to moderately risk-averse, with little variation according to personal characteristics, and that non-organic farmers tend to be more risk averse than fully-certified and partially-certified farmers. In general, price, production and financial risks were perceived as the most important sources of risk. Using Principal Component Analysis (PCA), seven principal components (PCs) explaining 66.13% of the variation were extracted. Socio economic factors having a significant effect on the various sources of risk are age, gender, education, location, information access and risk taking ability. The most important traditional risk management strategies used by the surveyed farmers are crop diversification, precautionary savings and participating in social networks. There was general awareness of what constituted organic foods with many consumers associating organic foods with health and nutrition, chemical free and produced using indigenous methods of production. However, there was low awareness of organic products among consumers with little or no knowledge of organic certification and standards. According to the logit model the major factors influencing consumer awareness of organic products are: gender, education, employment status, and location of the respondents, person/household member responsible for shopping and the price perception of the decision maker. The discriminant analysis showed that the consumption of organic products is significantly affected by age of the consumer, viii location, person/household member responsible for shopping, consumer awareness of organics, price perception and label trust. The findings from this study provides useful practical insights for policy makers, farm advisers and researchers in the design of effective and efficient policies, programmes and projects which can affect the adoption of organic practices, increase smallholder farmers capacity to manage risk and drive growth in the organic food market.
- Full Text:
- Date Issued: 2012
- Authors: Kisaka-Lwayo, Maggie
- Date: 2012
- Subjects: Food security -- South Africa , Sustainable development -- South Africa , Organic farming -- South Africa , Natural foods industry -- South Africa , Risk management -- South Africa , Consumers -- South Africa
- Language: English
- Type: Thesis , Doctoral , PhD (Agricultural Economics)
- Identifier: vital:11188 , http://hdl.handle.net/10353/492 , Food security -- South Africa , Sustainable development -- South Africa , Organic farming -- South Africa , Natural foods industry -- South Africa , Risk management -- South Africa , Consumers -- South Africa
- Description: Despite phenomenal success of the commercial agricultural sector in South Africa and significant progress in integrating smallholders since democratic reforms, food security concerns remain. Recent global increases in food prices have further exacerbated vulnerabilities and made it imperative to examine alternative food production questions in the country. Organic agriculture is identified as one of the sustainable approaches to farming and offers insights towards a paradigm shift in food and nutritional security. Notwithstanding, consumer awareness, knowledge and consumption of organic foods are significantly lower in developing than developed countries. Risks associated with adoption of organic practices need to be explored to address the supply and demand constraints. Similarly, while consumer awareness of organic foods is the first step in developing demand for organic products, it does not necessarily translate to consumption. Therefore it is important to investigate these issues. The objectives of this study were to: (i) describe the demographic and socio-economic characteristics of organic farmers and consumers; (ii) establish the determinants of farmers‘ decision to participate in organic farming distinguishing between the fully-certified organic, partially-certified organic and non-organic farmers; (iii) elicit farmers risk preferences and empirically analyse farmers sources of risk and risk management strategies; (iv) explore consumer awareness, perceptions and attitudes regarding organic products; and (v) identify the factors that influence consumer‘s preference and consumption of organic products. A total of 400 respondents were surveyed, consisting of 200 smallholder farmers in KwaZulu-Natal and 200 consumers in the Eastern Cape. The KwaZulu-Natal study was conducted earlier and identified the following as major sources of risk, lack of consumer awareness of organic products and lack of information among producers about consumer preferences for organic products. This informed the need to undertake a consumer awareness and preference study, in order to inform producers. The Eastern Cape is a bordering province to KwaZulu-Natal with similar socio economic conditions and a major consumer of produce from KwaZulu-Natal. It was also expected that in the intervening period there could have been awareness about the product. An vii indication of its appeal would not be in the consumption of the product by the people who grow it, but by consumers who reside in bordering regions. Producer and household questionnaires were used to record household activities, socio-economic and institutional data as well as household demographics through personal interviews. The Arrow Pratt Absolute Risk Aversion (APARA) coefficient was used to measure the farmer‘s degree of risk aversion and the experimental gambling approach to establish the risk classification. Consumers were also asked about their awareness and knowledge about organics, attitudes and perceptions towards organics, preference and consumption patterns. The ordered probit results indicate that older farmers, who are less risk averse and reside in the sub-ward Ogagwini, Ezigani, and Hwayi were more likely to be certified organic farmers. Similarly, the propensity to adopt organic farming is positively correlated to household size, livestock ownership, asset base and tenure security. The risk analysis indicates that at higher pay-offs most farmers are intermediate to moderately risk-averse, with little variation according to personal characteristics, and that non-organic farmers tend to be more risk averse than fully-certified and partially-certified farmers. In general, price, production and financial risks were perceived as the most important sources of risk. Using Principal Component Analysis (PCA), seven principal components (PCs) explaining 66.13% of the variation were extracted. Socio economic factors having a significant effect on the various sources of risk are age, gender, education, location, information access and risk taking ability. The most important traditional risk management strategies used by the surveyed farmers are crop diversification, precautionary savings and participating in social networks. There was general awareness of what constituted organic foods with many consumers associating organic foods with health and nutrition, chemical free and produced using indigenous methods of production. However, there was low awareness of organic products among consumers with little or no knowledge of organic certification and standards. According to the logit model the major factors influencing consumer awareness of organic products are: gender, education, employment status, and location of the respondents, person/household member responsible for shopping and the price perception of the decision maker. The discriminant analysis showed that the consumption of organic products is significantly affected by age of the consumer, viii location, person/household member responsible for shopping, consumer awareness of organics, price perception and label trust. The findings from this study provides useful practical insights for policy makers, farm advisers and researchers in the design of effective and efficient policies, programmes and projects which can affect the adoption of organic practices, increase smallholder farmers capacity to manage risk and drive growth in the organic food market.
- Full Text:
- Date Issued: 2012
Strategies for sustainable housing co-operatives in South Africa
- Authors: Jimoh, Richard Ajayi
- Date: 2012
- Subjects: Housing, Cooperative -- South Africa , Housing -- South Africa , Sustainable development -- South Africa , Housing -- Finance-- South Africa
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: vital:9690 , http://hdl.handle.net/10948/d1009500 , Housing, Cooperative -- South Africa , Housing -- South Africa , Sustainable development -- South Africa , Housing -- Finance-- South Africa
- Description: An increasing number of people are in need of housing that would improve long-term tenure for them. Private ownership is a well-known incentive for peoples’ participation in housing programmes. The current difficulties in obtaining credit for housing, following the global economic crisis, show that private individual home-ownership is not effective enough in addressing the housing needs of the low and middle income groups. As a result of this, the need to find an option that will solve the housing needs of the people became intense. However, the implementation of the co-operative housing delivery option in South Africa has not been successfully implemented as a result of the actions or the inactions of the role players. The study sought answer to the causes of the inability to successfully implement the co-operative housing approach through the use of ‘triad model’ that has to do with the ideology of co-operatives, the praxis and the organisational structures of the various housing co-operatives. The study was domiciled in a pragmatic paradigm, using the mixed methods research approach by conducting a three-stage research whereby convergent parallel design was adopted as the methodology. Questionnaires were administered to the chairpersons of the housing co-operatives identified in this stage one of the study. Stage two consisted of conducting interviews with chairpersons of six housing co-operatives using the purposive non-probability sampling method. The final stage was the survey among the members of the housing co-operatives interviewed. It was discovered, inter alia, that the membership of housing co-operatives was not voluntary; policy and legislative documents on social housing were biased against the co-operative housing approach; limited understanding of the co-operative approach exists among officials of government responsible for the implementations and a lack of training to members of the housing co-operatives by agencies of government responsible for propagating the approach was evident. Based on the findings, framework for sustainable housing co-operatives in South Africa was proposed from the strategies identified. The strategies identified were classified into the following factors: Policy and legislation; support services; education, training and information; and governance.
- Full Text:
- Date Issued: 2012
- Authors: Jimoh, Richard Ajayi
- Date: 2012
- Subjects: Housing, Cooperative -- South Africa , Housing -- South Africa , Sustainable development -- South Africa , Housing -- Finance-- South Africa
- Language: English
- Type: Thesis , Doctoral , PhD
- Identifier: vital:9690 , http://hdl.handle.net/10948/d1009500 , Housing, Cooperative -- South Africa , Housing -- South Africa , Sustainable development -- South Africa , Housing -- Finance-- South Africa
- Description: An increasing number of people are in need of housing that would improve long-term tenure for them. Private ownership is a well-known incentive for peoples’ participation in housing programmes. The current difficulties in obtaining credit for housing, following the global economic crisis, show that private individual home-ownership is not effective enough in addressing the housing needs of the low and middle income groups. As a result of this, the need to find an option that will solve the housing needs of the people became intense. However, the implementation of the co-operative housing delivery option in South Africa has not been successfully implemented as a result of the actions or the inactions of the role players. The study sought answer to the causes of the inability to successfully implement the co-operative housing approach through the use of ‘triad model’ that has to do with the ideology of co-operatives, the praxis and the organisational structures of the various housing co-operatives. The study was domiciled in a pragmatic paradigm, using the mixed methods research approach by conducting a three-stage research whereby convergent parallel design was adopted as the methodology. Questionnaires were administered to the chairpersons of the housing co-operatives identified in this stage one of the study. Stage two consisted of conducting interviews with chairpersons of six housing co-operatives using the purposive non-probability sampling method. The final stage was the survey among the members of the housing co-operatives interviewed. It was discovered, inter alia, that the membership of housing co-operatives was not voluntary; policy and legislative documents on social housing were biased against the co-operative housing approach; limited understanding of the co-operative approach exists among officials of government responsible for the implementations and a lack of training to members of the housing co-operatives by agencies of government responsible for propagating the approach was evident. Based on the findings, framework for sustainable housing co-operatives in South Africa was proposed from the strategies identified. The strategies identified were classified into the following factors: Policy and legislation; support services; education, training and information; and governance.
- Full Text:
- Date Issued: 2012
Multi-income level investment in golf estates
- Authors: Ngubeni, Steven Piet
- Date: 2007
- Subjects: Real estate development , Sustainable development -- South Africa , Housing development -- South Africa , Planned communities
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:9694 , http://hdl.handle.net/10948/771 , Real estate development , Sustainable development -- South Africa , Housing development -- South Africa , Planned communities
- Description: The government of South African has stated its intentions to enforce a policy which will compel developers of upmarket residential properties to set aside 20 percent of their upmarket residential developments to accommodate affordable housing. The developers on the other hand, have expressed concerns about this approach. The principal aim of this study and of the research was to investigate the desirability of the concept of multi-income-level investment approach to the development of golf estates. A phenomenological strand of qualitative research method was used in the research. The following formed the focal point of the research: • An investigation into the perceptions of the stakeholders, especially the buyers of up-market properties, about mixed-income-level investments in golf estates. • The potential effect of the implementation of including affordable housing in the development of golf estates • An investigation of the perceived effect on the profitability of investments by the inclusion of affordable housing in golf estate properties. • The extent of the contribution of including affordable housing in golf estate developments to the reduction of the current backlog
- Full Text:
- Date Issued: 2007
- Authors: Ngubeni, Steven Piet
- Date: 2007
- Subjects: Real estate development , Sustainable development -- South Africa , Housing development -- South Africa , Planned communities
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:9694 , http://hdl.handle.net/10948/771 , Real estate development , Sustainable development -- South Africa , Housing development -- South Africa , Planned communities
- Description: The government of South African has stated its intentions to enforce a policy which will compel developers of upmarket residential properties to set aside 20 percent of their upmarket residential developments to accommodate affordable housing. The developers on the other hand, have expressed concerns about this approach. The principal aim of this study and of the research was to investigate the desirability of the concept of multi-income-level investment approach to the development of golf estates. A phenomenological strand of qualitative research method was used in the research. The following formed the focal point of the research: • An investigation into the perceptions of the stakeholders, especially the buyers of up-market properties, about mixed-income-level investments in golf estates. • The potential effect of the implementation of including affordable housing in the development of golf estates • An investigation of the perceived effect on the profitability of investments by the inclusion of affordable housing in golf estate properties. • The extent of the contribution of including affordable housing in golf estate developments to the reduction of the current backlog
- Full Text:
- Date Issued: 2007
A sustainable water quality framework for South Africa towards 2050
- Authors: Osmond, Christopher John
- Date: 2015
- Subjects: Construction industry -- South Africa , Sustainable development -- South Africa , Water resources development -- South Africa , Water quality management -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/3255 , vital:20417
- Description: There are a wide range of issues that stem from inadequate access to, and the unsustainable management of water resources, which can lead to ecological and human crises (Gleik, 1998: 571). With the increasing demand for clean water for drinking and sanitation, coupled with population growth, aging infrastructure, and climate change, many countries face a complex set of threats when dealing with their water resources and the management thereof (Environmental Protection Agency, 2012: 4). South Africa‟s challenges are no different, if current trends in water management continue and government does not intervene with what has been an unequal society even in terms of the division of water, it will continue to lose ground in its development and sustaining of water resources (Ukwandu, 2009: 24 - 30). “The objective of managing the quantity, quality and reliability of the nation‟s water resources is to achieve optimum, long-term, environmentally sustainable social and economic benefit for society from their use.” (Principle 7 of the National Water Policy, Department of Water Affairs and Forestry, 1997: 20). The primary objective of this research is to develop a framework for water management and sustainable development by utilising a Causal Layered Analysis (CLA) to develop strategies for innovation in South Africa towards 2050. New rules and regulations have been adopted by local municipal divisions in South Africa to promote sustainable, environmentally friendly buildings and methods. It is therefore the aim of the research to establish ways in which water can be harvested and saved in a simple and innovative yet sustainable manner. The complexity of erecting structures has also increased with some sustainable measures in water management taking place, however the water issues in South Africa continue to grow and cause concern. Government therefore plays a pivotal role in ensuring that water is managed sustainably at not only harvesting and infrastructure level but also re-cycling level, where simple innovative strategies can be adopted. This paper further seeks to highlight the positive and negative impacts of implementing water management methods and strategies that can be adopted.
- Full Text:
- Date Issued: 2015
- Authors: Osmond, Christopher John
- Date: 2015
- Subjects: Construction industry -- South Africa , Sustainable development -- South Africa , Water resources development -- South Africa , Water quality management -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: http://hdl.handle.net/10948/3255 , vital:20417
- Description: There are a wide range of issues that stem from inadequate access to, and the unsustainable management of water resources, which can lead to ecological and human crises (Gleik, 1998: 571). With the increasing demand for clean water for drinking and sanitation, coupled with population growth, aging infrastructure, and climate change, many countries face a complex set of threats when dealing with their water resources and the management thereof (Environmental Protection Agency, 2012: 4). South Africa‟s challenges are no different, if current trends in water management continue and government does not intervene with what has been an unequal society even in terms of the division of water, it will continue to lose ground in its development and sustaining of water resources (Ukwandu, 2009: 24 - 30). “The objective of managing the quantity, quality and reliability of the nation‟s water resources is to achieve optimum, long-term, environmentally sustainable social and economic benefit for society from their use.” (Principle 7 of the National Water Policy, Department of Water Affairs and Forestry, 1997: 20). The primary objective of this research is to develop a framework for water management and sustainable development by utilising a Causal Layered Analysis (CLA) to develop strategies for innovation in South Africa towards 2050. New rules and regulations have been adopted by local municipal divisions in South Africa to promote sustainable, environmentally friendly buildings and methods. It is therefore the aim of the research to establish ways in which water can be harvested and saved in a simple and innovative yet sustainable manner. The complexity of erecting structures has also increased with some sustainable measures in water management taking place, however the water issues in South Africa continue to grow and cause concern. Government therefore plays a pivotal role in ensuring that water is managed sustainably at not only harvesting and infrastructure level but also re-cycling level, where simple innovative strategies can be adopted. This paper further seeks to highlight the positive and negative impacts of implementing water management methods and strategies that can be adopted.
- Full Text:
- Date Issued: 2015
Possible futures for the Republic of South Africa towards 2055
- Adendorff, Christian Michael
- Authors: Adendorff, Christian Michael
- Date: 2013
- Subjects: Economic development -- South Africa , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Doctoral , DBA
- Identifier: http://hdl.handle.net/10948/7816 , vital:24294
- Description: The purpose of this thesis was to develop four scenarios for South Africa over the next forty years: Mandela's Dream in which positive elements come into function for South Africa's economy and governance; the Historical African Syndrome, in which the key driving forces unfold in an uneven pattern, or have a differentiated impact on South Africa's economy; the Good, the Bad and the Ugly in which less good governance prevails, but where a fortunate economy and firm national management allow South Africa to become competitive and benefit from satisfactory economic growth; and the Pyramid Syndrome Scenario in which negative regional drivers of change corrode positive policies and initiatives in a manner which compounds the pre-existing threats to South Africa's growth.
- Full Text:
- Date Issued: 2013
- Authors: Adendorff, Christian Michael
- Date: 2013
- Subjects: Economic development -- South Africa , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Doctoral , DBA
- Identifier: http://hdl.handle.net/10948/7816 , vital:24294
- Description: The purpose of this thesis was to develop four scenarios for South Africa over the next forty years: Mandela's Dream in which positive elements come into function for South Africa's economy and governance; the Historical African Syndrome, in which the key driving forces unfold in an uneven pattern, or have a differentiated impact on South Africa's economy; the Good, the Bad and the Ugly in which less good governance prevails, but where a fortunate economy and firm national management allow South Africa to become competitive and benefit from satisfactory economic growth; and the Pyramid Syndrome Scenario in which negative regional drivers of change corrode positive policies and initiatives in a manner which compounds the pre-existing threats to South Africa's growth.
- Full Text:
- Date Issued: 2013
Perceptions of selected beneficiaries regarding government grants for sustainable development projects
- Authors: Gwam, Zukiswa Sylvia
- Date: 2007
- Subjects: Sustainable development -- South Africa , Government aid -- South Africa
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9989 , http://hdl.handle.net/10948/517 , Sustainable development -- South Africa , Government aid -- South Africa
- Description: The overall aim of the study was to explore and describe the perceptions of beneficiaries of government grants for the sustainability of development projects. A qualitative method was used following an explorative and descriptive design, as the researcher seeks to understand paradigm shifts from a welfare perspective to a developmental perspective. The qualitative approach is most suitable when the aim of the researcher is to understand a phenomenon from the point of view of participants (Creswell, 1998:17) and to elicit thought processes and feelings (Straus and Corbin, 1998:11). The methods of data collection included in-depth semi-structured interviews, field notes as well as the use of focus groups. The semi-structured interviews allowed the researcher to ask specific questions in an open-ended manner when necessary. Data analysis was done according to Tesch’s eight steps for analyzing qualitative research data (Creswell, 1994: 154-155). Guba’s model was used to assess the trustworthiness of research findings for ensuring trustworthiness in qualitative research (Krefting, 1990: 214-222). It is envisaged that this study will provide insights into the perceptions of beneficiaries of government social development grants. Findings indicate that a great deal of skills development for sustainability of development projects is needed, and will be used for further research in the area of social development.
- Full Text:
- Date Issued: 2007
- Authors: Gwam, Zukiswa Sylvia
- Date: 2007
- Subjects: Sustainable development -- South Africa , Government aid -- South Africa
- Language: English
- Type: Thesis , Masters , MA
- Identifier: vital:9989 , http://hdl.handle.net/10948/517 , Sustainable development -- South Africa , Government aid -- South Africa
- Description: The overall aim of the study was to explore and describe the perceptions of beneficiaries of government grants for the sustainability of development projects. A qualitative method was used following an explorative and descriptive design, as the researcher seeks to understand paradigm shifts from a welfare perspective to a developmental perspective. The qualitative approach is most suitable when the aim of the researcher is to understand a phenomenon from the point of view of participants (Creswell, 1998:17) and to elicit thought processes and feelings (Straus and Corbin, 1998:11). The methods of data collection included in-depth semi-structured interviews, field notes as well as the use of focus groups. The semi-structured interviews allowed the researcher to ask specific questions in an open-ended manner when necessary. Data analysis was done according to Tesch’s eight steps for analyzing qualitative research data (Creswell, 1994: 154-155). Guba’s model was used to assess the trustworthiness of research findings for ensuring trustworthiness in qualitative research (Krefting, 1990: 214-222). It is envisaged that this study will provide insights into the perceptions of beneficiaries of government social development grants. Findings indicate that a great deal of skills development for sustainability of development projects is needed, and will be used for further research in the area of social development.
- Full Text:
- Date Issued: 2007
A proposed framework for the development of urban agriculture in South African cities
- Authors: Brown, Nicola Jayne
- Date: 2021-04
- Subjects: Urban agriculture -- South Africa , Sustainable development -- South Africa , Food security -- Climatic factors -- South Africa , Resilience (Ecology)
- Language: English
- Type: text , Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10962/174413 , vital:42475
- Description: While climate change and rapid urbanisation are impacting our cities and existing infrastructure, population growth and resource scarcity are placing unprecedented pressure on our food systems. In light of such challenges and the Sustainable Development Goals, resilient solutions are being sought to move both urban development and food production towards a more sustainable future. In this context, Urban Agriculture (UA) has been identified as a possible mechanism to complement rural food production with many associated social, economic and environmental benefits for urban communities. Some of these benefits include increased food system resilience, better urban environmental management, circular and productive reuse of urban wastes, employment opportunities, reduced food miles and the promotion of social inclusivity. Through a sustainable food system lens and underpinned by Resilience Theory, this research study sets out to investigate and explore the considerations for UA development. The research study reviews UA literature to identify and analyse the common challenges which act as barriers to implementation, as well as the current or potential opportunities which could be leveraged to drive UA development. The insights gained from literature on UA and UA development frameworks; and the data gathered from qualitative interviews with experts working in UA-related fields in South Africa (SA), were used to build a conceptual framework for UA development in SA. The conceptual framework developed is intended to be used as a guide for local municipalities, urban planners, urban farmers, urban communities and UA support organisations in their approach to developing UA initiatives. The findings from this research study reveal that UA development in SA involves numerous actors at both provincial and municipal levels; and within private institutions, businesses, universities, farmer organisations and society. The findings also reveal that UA currently occurs at many levels in SA, with each level drawing a particular range of participants due to the various social, economic and/or environmental features of the initiative. Along with challenges associated with land access, the lack of UA-related knowledge, the threat of theft, vandalism and soil contamination (to name a few); a lack of understanding of how agriculture can fit into urban spaces was found to be a major obstacle. The findings suggest that this lack of understanding has led to an under-realisation of the full potential of UA in South African towns and cities; and an inability to incentivise and optimise the development of UA. Considering the findings derived from the investigation, the study proposes five major considerations for UA development in SA, all of which are unpacked in the conceptual framework. The study concludes by making recommendations for UA decision-makers and UA organisations to consider for future developments.
- Full Text:
- Date Issued: 2021-04
- Authors: Brown, Nicola Jayne
- Date: 2021-04
- Subjects: Urban agriculture -- South Africa , Sustainable development -- South Africa , Food security -- Climatic factors -- South Africa , Resilience (Ecology)
- Language: English
- Type: text , Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10962/174413 , vital:42475
- Description: While climate change and rapid urbanisation are impacting our cities and existing infrastructure, population growth and resource scarcity are placing unprecedented pressure on our food systems. In light of such challenges and the Sustainable Development Goals, resilient solutions are being sought to move both urban development and food production towards a more sustainable future. In this context, Urban Agriculture (UA) has been identified as a possible mechanism to complement rural food production with many associated social, economic and environmental benefits for urban communities. Some of these benefits include increased food system resilience, better urban environmental management, circular and productive reuse of urban wastes, employment opportunities, reduced food miles and the promotion of social inclusivity. Through a sustainable food system lens and underpinned by Resilience Theory, this research study sets out to investigate and explore the considerations for UA development. The research study reviews UA literature to identify and analyse the common challenges which act as barriers to implementation, as well as the current or potential opportunities which could be leveraged to drive UA development. The insights gained from literature on UA and UA development frameworks; and the data gathered from qualitative interviews with experts working in UA-related fields in South Africa (SA), were used to build a conceptual framework for UA development in SA. The conceptual framework developed is intended to be used as a guide for local municipalities, urban planners, urban farmers, urban communities and UA support organisations in their approach to developing UA initiatives. The findings from this research study reveal that UA development in SA involves numerous actors at both provincial and municipal levels; and within private institutions, businesses, universities, farmer organisations and society. The findings also reveal that UA currently occurs at many levels in SA, with each level drawing a particular range of participants due to the various social, economic and/or environmental features of the initiative. Along with challenges associated with land access, the lack of UA-related knowledge, the threat of theft, vandalism and soil contamination (to name a few); a lack of understanding of how agriculture can fit into urban spaces was found to be a major obstacle. The findings suggest that this lack of understanding has led to an under-realisation of the full potential of UA in South African towns and cities; and an inability to incentivise and optimise the development of UA. Considering the findings derived from the investigation, the study proposes five major considerations for UA development in SA, all of which are unpacked in the conceptual framework. The study concludes by making recommendations for UA decision-makers and UA organisations to consider for future developments.
- Full Text:
- Date Issued: 2021-04
The benefits and challenges of implementing the Equator Principles: the case of four large banks in South Africa, through the eyes of project finance teams
- Authors: Baloyi, Glenda
- Date: 2020
- Subjects: Financial institutions -- South Africa -- Moral and ethical aspects , Sustainable development -- South Africa , Project management -- South Africa -- Finance
- Language: English
- Type: text , Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10962/126165 , vital:35855
- Description: The purpose of this research was to investigate the benefits and challenges of implementing the Equator Principles (EPs) by the four large banks in South Africa who are signatories to the framework. This was investigated through the eyes of the project finance teams. The research focused on the perceptions of the project finance team. The EPs are voluntary standards, to date they have been adopted by 94 financial institutions. Financial institutions that have adopted the EPs, benefit by having a competitive advantage of getting involved with high risk projects / developments. The Equator Principles resulted in having environmental and social risk policies and structures to manage these risks. This research was conducted using mixed methods and followed the post-positivist paradigm. The research found that the project finance teams were aware of the environmental, social and governance risks associated with project finance transactions. Furthermore, they understood the need to have the Environmental, Social and Governance (ESG) risk assessment during the credit process. This research found out that the benefits of the EPs outweigh the challenges, as they promote responsible investment, thus promoting the reputation of the investor. The EPs requires the client / borrower to conduct an environmental and social impact assessment and commit to covenants that are binding in the financial legal agreements. By having processes and strategies that promote responsible investment in the financed projects / development, this gives the Equator Principles Financial Institution (EPFI) the advantage of competing in the international market. EPs may indirectly influence the financial institutions that have not adopted the EPs, to promote responsible investment by applying ESG risk assessment processes as required by the banks that have adopted the EPs. EPs lack of capacity such as human resources, policies, funds and structures is the reason why companies do not adopt responsible investment is their operation and not incorporating them in the decision-making process. Some EPFI are not committed the EPs and become free riders. Other EPFI are not complying with the EPs and this causes uncertainties with regards to the legitimacy of the ES standards. EPs are ambiguous, subjective and voluntarism can make it difficult to be achieved by the EPFI. EPs increases the approval process for the financial institution to conclude the transaction, thus delaying the start of a needed project / development. And that EPFI may be forced to have fewer clients as a result of the funding requirements required by EPs.
- Full Text:
- Date Issued: 2020
- Authors: Baloyi, Glenda
- Date: 2020
- Subjects: Financial institutions -- South Africa -- Moral and ethical aspects , Sustainable development -- South Africa , Project management -- South Africa -- Finance
- Language: English
- Type: text , Thesis , Masters , MBA
- Identifier: http://hdl.handle.net/10962/126165 , vital:35855
- Description: The purpose of this research was to investigate the benefits and challenges of implementing the Equator Principles (EPs) by the four large banks in South Africa who are signatories to the framework. This was investigated through the eyes of the project finance teams. The research focused on the perceptions of the project finance team. The EPs are voluntary standards, to date they have been adopted by 94 financial institutions. Financial institutions that have adopted the EPs, benefit by having a competitive advantage of getting involved with high risk projects / developments. The Equator Principles resulted in having environmental and social risk policies and structures to manage these risks. This research was conducted using mixed methods and followed the post-positivist paradigm. The research found that the project finance teams were aware of the environmental, social and governance risks associated with project finance transactions. Furthermore, they understood the need to have the Environmental, Social and Governance (ESG) risk assessment during the credit process. This research found out that the benefits of the EPs outweigh the challenges, as they promote responsible investment, thus promoting the reputation of the investor. The EPs requires the client / borrower to conduct an environmental and social impact assessment and commit to covenants that are binding in the financial legal agreements. By having processes and strategies that promote responsible investment in the financed projects / development, this gives the Equator Principles Financial Institution (EPFI) the advantage of competing in the international market. EPs may indirectly influence the financial institutions that have not adopted the EPs, to promote responsible investment by applying ESG risk assessment processes as required by the banks that have adopted the EPs. EPs lack of capacity such as human resources, policies, funds and structures is the reason why companies do not adopt responsible investment is their operation and not incorporating them in the decision-making process. Some EPFI are not committed the EPs and become free riders. Other EPFI are not complying with the EPs and this causes uncertainties with regards to the legitimacy of the ES standards. EPs are ambiguous, subjective and voluntarism can make it difficult to be achieved by the EPFI. EPs increases the approval process for the financial institution to conclude the transaction, thus delaying the start of a needed project / development. And that EPFI may be forced to have fewer clients as a result of the funding requirements required by EPs.
- Full Text:
- Date Issued: 2020
The implications of smallholder agricultural productivity growth for poverty alleviation in post-apartheid South Africa
- Authors: Dwesini, Nontembiso Eugenia
- Date: 2015
- Subjects: Agriculture -- Economic aspects -- South Africa , Agricultural assistance -- South Africa , Sustainable development -- South Africa , Agricultural productivity -- South Africa
- Language: English
- Type: Thesis , Masters , MSc Agric (Agricultural Economics)
- Identifier: vital:11232 , http://hdl.handle.net/10353/d1021286 , Agriculture -- Economic aspects -- South Africa , Agricultural assistance -- South Africa , Sustainable development -- South Africa , Agricultural productivity -- South Africa
- Description: The adoption of the Millennium Development Goal 1(MDG 1) of reducing the rate of poverty to half of the 1990-level by 2015 has been a challenge faced by the developing countries including South Africa. The foundations of democracy have to be continuously assessed so that the obstacles faced by South Africa as it strives towards sustainable democracy are addressed. With agricultural sector identified as having the potential to alleviate poverty compared to the mining sector, manufacturing sector and services sector, it faced the challenges that include: (i) accelerating agricultural productivity; (ii) reducing poverty and vulnerability; and (iii) narrowing rural-urban income disparities. The identification of the critical linkages in the agricultural development framework allows for effective strategic planning, effective decision making and appropriate policy formulation. Expectedly, the sector has attracted considerable fiscal policy interest and public investments. The primary aim of this research study is to assess the extent to which smallholder agricultural productivity growth alleviates poverty in South Africa. The statistical and econometric techniques namely; Johansen technique of co-integration analysis (1995), analysis of covariance and correlation, Vector Error Correction Model, are employed in this research study. The data description, data sources, expected relationship between variables and indexation of data are done. The drivers and cause-effect relationships between agriculture and poverty reduction are investigated. The employed models allowed for an exploration of plausible future growth in agricultural elasticity of poverty and the possibility of reducing poverty level in South Africa. The data is obtained from the National Department of Agriculture from 1994 -2013. The analysis of the results strongly confirms that agricultural productivity has a significant inverse relationship to the levels of poverty in South Africa. The outcome of the analysis will contribute to improved decision making on the use of public funds in agriculture.
- Full Text:
- Date Issued: 2015
- Authors: Dwesini, Nontembiso Eugenia
- Date: 2015
- Subjects: Agriculture -- Economic aspects -- South Africa , Agricultural assistance -- South Africa , Sustainable development -- South Africa , Agricultural productivity -- South Africa
- Language: English
- Type: Thesis , Masters , MSc Agric (Agricultural Economics)
- Identifier: vital:11232 , http://hdl.handle.net/10353/d1021286 , Agriculture -- Economic aspects -- South Africa , Agricultural assistance -- South Africa , Sustainable development -- South Africa , Agricultural productivity -- South Africa
- Description: The adoption of the Millennium Development Goal 1(MDG 1) of reducing the rate of poverty to half of the 1990-level by 2015 has been a challenge faced by the developing countries including South Africa. The foundations of democracy have to be continuously assessed so that the obstacles faced by South Africa as it strives towards sustainable democracy are addressed. With agricultural sector identified as having the potential to alleviate poverty compared to the mining sector, manufacturing sector and services sector, it faced the challenges that include: (i) accelerating agricultural productivity; (ii) reducing poverty and vulnerability; and (iii) narrowing rural-urban income disparities. The identification of the critical linkages in the agricultural development framework allows for effective strategic planning, effective decision making and appropriate policy formulation. Expectedly, the sector has attracted considerable fiscal policy interest and public investments. The primary aim of this research study is to assess the extent to which smallholder agricultural productivity growth alleviates poverty in South Africa. The statistical and econometric techniques namely; Johansen technique of co-integration analysis (1995), analysis of covariance and correlation, Vector Error Correction Model, are employed in this research study. The data description, data sources, expected relationship between variables and indexation of data are done. The drivers and cause-effect relationships between agriculture and poverty reduction are investigated. The employed models allowed for an exploration of plausible future growth in agricultural elasticity of poverty and the possibility of reducing poverty level in South Africa. The data is obtained from the National Department of Agriculture from 1994 -2013. The analysis of the results strongly confirms that agricultural productivity has a significant inverse relationship to the levels of poverty in South Africa. The outcome of the analysis will contribute to improved decision making on the use of public funds in agriculture.
- Full Text:
- Date Issued: 2015
The significance of the safety-net role of NTFPs in rural livelihoods, South Africa
- Authors: Paumgarten, Fiona
- Date: 2007
- Subjects: Non-timber forest products -- South Africa , Households -- Economic aspects -- South Africa , Rural development -- South Africa -- Economic aspects , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4763 , http://hdl.handle.net/10962/d1007161 , Non-timber forest products -- South Africa , Households -- Economic aspects -- South Africa , Rural development -- South Africa -- Economic aspects , Sustainable development -- South Africa
- Description: This study was conducted in two rural villages in South Africa with the purpose of investigating the safety-net role of non-timber forest products (NTFPs). The use of NTFPs as a safety-net is reported as a common feature of rural livelihoods however empirical data supporting this function is limited. Therefore, policy makers and land-use planners underappreciate the probable role and consequent value of the safety-net function. The findings show that poor, rural households are vulnerable to a range of risks. Over a two year period 100% of households reported experiencing crises including unexpected idiosyncratic risks (e.g. illness, retrenchment, crop failure and death) as well as expected expenses and periods of vulnerability (e.g. the payment of school fees and seasonal crop shortfalls). Households are prone to these risks irrespective of wealth or gender of the de jure household head. To secure their livelihoods households in both villages rely on a variety of livelihood strategies including waged labour (53%), self-employment (30%), government grants (60%), arable agriculture (56%), animal husbandry (64%) and the use (100%) and sale (22%) of NTFPs. In terms of the proportion of households involved, the findings suggest land-based strategies make an important contribution. Formal employment and old-age pensions distinguish wealthy households from poor and allow for investments in assets and saving schemes (62%). In response to the risks experienced households employed a variety of coping strategies. Generally the most commonly used strategies were kinship (85%), reduced household spending (72%), changes to food consumption and saving (72%) and relying on NTFPs (70%). Kinship and NTFPs show no differences for wealth or gender of the de jure household head. The remaining strategies are influenced by wealth. The use of NTFPs as a safety-net manifested predominantly through the increased use of products, then the substitution of commercial goods by NTFPs and lastly through the sale. Of those using NTFPs as a rural safety-net 41.4% used of wild foods, 40% used medicinal plants, 25.7% substituted paraffin with fuelwood, 10% sold fuelwood and 8.6% sold other products.
- Full Text:
- Date Issued: 2007
- Authors: Paumgarten, Fiona
- Date: 2007
- Subjects: Non-timber forest products -- South Africa , Households -- Economic aspects -- South Africa , Rural development -- South Africa -- Economic aspects , Sustainable development -- South Africa
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4763 , http://hdl.handle.net/10962/d1007161 , Non-timber forest products -- South Africa , Households -- Economic aspects -- South Africa , Rural development -- South Africa -- Economic aspects , Sustainable development -- South Africa
- Description: This study was conducted in two rural villages in South Africa with the purpose of investigating the safety-net role of non-timber forest products (NTFPs). The use of NTFPs as a safety-net is reported as a common feature of rural livelihoods however empirical data supporting this function is limited. Therefore, policy makers and land-use planners underappreciate the probable role and consequent value of the safety-net function. The findings show that poor, rural households are vulnerable to a range of risks. Over a two year period 100% of households reported experiencing crises including unexpected idiosyncratic risks (e.g. illness, retrenchment, crop failure and death) as well as expected expenses and periods of vulnerability (e.g. the payment of school fees and seasonal crop shortfalls). Households are prone to these risks irrespective of wealth or gender of the de jure household head. To secure their livelihoods households in both villages rely on a variety of livelihood strategies including waged labour (53%), self-employment (30%), government grants (60%), arable agriculture (56%), animal husbandry (64%) and the use (100%) and sale (22%) of NTFPs. In terms of the proportion of households involved, the findings suggest land-based strategies make an important contribution. Formal employment and old-age pensions distinguish wealthy households from poor and allow for investments in assets and saving schemes (62%). In response to the risks experienced households employed a variety of coping strategies. Generally the most commonly used strategies were kinship (85%), reduced household spending (72%), changes to food consumption and saving (72%) and relying on NTFPs (70%). Kinship and NTFPs show no differences for wealth or gender of the de jure household head. The remaining strategies are influenced by wealth. The use of NTFPs as a safety-net manifested predominantly through the increased use of products, then the substitution of commercial goods by NTFPs and lastly through the sale. Of those using NTFPs as a rural safety-net 41.4% used of wild foods, 40% used medicinal plants, 25.7% substituted paraffin with fuelwood, 10% sold fuelwood and 8.6% sold other products.
- Full Text:
- Date Issued: 2007