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A cultural exchange hub: reviving the first Chinatown in JohannesburgSun, Samantha 30 April 2015 (has links)
The diasporic movement of Chinese people to South Africa, through time and space, unfolds the current discourse of cultural identity within the multicultural flows of our society. Diluting the Chinese culture into a hybrid of Chinese and South African identity, results in a disconnection to their homeland and their loss of “Chineseness.” However, the global realities of diaspora in the 21st century render this condition inevitable and so, consequently, this thesis aims to celebrate the Chinese culture as well as the fusion of Chinese culture, through the creation of culturally integrative spaces.
Sited at Ferreirasdorp in Johannesburg’s city centre, this project involves the design of a Chinese Cultural Institute in conjunction with retail and informal trade. The broad intention is to provide a catalyst for the revival of the earliest Chinatown within this historical corner of the city. Chinese migratory movement to South Africa occurred at different times, for different reasons and from a number of places in China, and this variation has resulted in the dispersal of these migrants throughout Johannesburg. The earliest Chinatown is one of these dispersed spaces. In addition to this larger scale diaspora, there are subcultural conflicts that exist between these Chinese communities that have further increased their dispersal. However, in this present-day atmosphere of celebrating cultural difference in Johannesburg and in light of the business relationship formed between China and Africa, there is a need to bring these diverse yet segregated Chinese communities together.
The principal research question is: Can architecture become a translator that can facilitate communication across cultures and subcultures?” The building therefore consists of flexible spaces that can easily adapt and transform to suit the users’ needs. This includes meeting spaces, whether it be a formal office space or under tree in the courtyard, so that Chinese businessmen can communicate with businessmen from local industries. The project also provides a variety of cultural activities. This includes Chinese cooking classes for anyone interested in learning about the richly diverse cuisines across China. Pan-Asian activities such as Karaoke Bars and Thai Massages are also provided in order to acknowledge the existing variety of Asian cultures in the city, and to accommodate for a larger scope of users. This thesis therefore explores how spaces can facilitate interaction between these cultures as well as distinguish and celebrate the various Chinese subcultures that exist in metropolitan Johannesburg.
In accomplishing the goals of this design, the building becomes a place of exchange. Through connections of movement and visibility, it allows new spatial and social opportunities to develop in order to create a variety of identities in our contemporary African city. The building encourages the Chinese communities to claim it as their own while simultaneously providing accessibility to a variety of other users who can experience cultures reverberating off each other, through a mixture of activities, from moment to moment.
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Endogenous and exogenous risk factors in the success of South African small medium enterprisesGalawe, Ntombikayise Jabulile January 2017 (has links)
A thesis submitted to the Faculty of Commerce, Law and
Management, University of the Witwatersrand, Johannesburg, South
Africa, in fulfilment of the requirements for the degree of Doctor of
Philosophy (PhD)
March 2017 / The objective of this study is twofold: first to evaluate the magnitude of the effect of endogenous and exogenous risk factors in the success of South African (SA) small and medium-sized enterprises (SMEs); second, to develop a framework for an integrated risk assessment model that can be used to assess SA SMEs holistically. Drawing from the entrepreneurial ecosystem, systems perspective, GEM framework and complex theory, an integrated risk assessment model framework that is person-centric, interdisciplinary, and multidimensional (individual, firm and environment) is formulated.
This was a cross-sectional, quantitative study, which followed a post-positivist approach. Primary data, with a sample size of 286, was collected from SA SMEs through self-administered questionnaires. Data analysis included correlational analysis, backward elimination method, hierarchical multiple regression and mediation analysis. Financial capital, entrepreneurial self-efficacy on growth and risk perception emerged as significant predictors of SME success. However financial capital is by far the most influential predictor of financial performance. The results also confirmed the mediating effect of financial capital between entrepreneurial self-efficacy (finance and growth) and financial performance. Entrepreneurs who are confident can raise enough capital for their businesses, thus producing successful SMEs.
Government policies and support programmes need to take a holistic view when supporting SMEs. While taking a holistic view, priority needs to be put on making capital available for entrepreneurs to develop and grow their businesses. Training programmes can focus on up-skilling entrepreneurs regarding entrepreneurial tasks that can improve their self-efficacy in management, financial understanding, and growth of their businesses. The study’s findings are important in that they help funders realise that business plans and financial projections are not the most important predictors of SME success, thus the need to review current risk assessment models. / MT 2017
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The role of bank credit in the business cycleMolabe, Kgabo Mapitsi January 2016 (has links)
Submitted in partial fulfilment of the requirements for degree Master of
Management in Finance and Investments in Wits Business School of the
University of the Witwatersrand / This research paper examines an economy with debt and discusses the
mechanism through which a financial crisis may arise, taking into account the
business cycle theories as advocated by amongst others; Karl Marx, Friederich
Hayek, and John Keynes. It is found that there are various channels through
which financial crises may arise. Secondly, this research paper investigates the
mechanism through which bank credit propagates and prolongs the business
cycle. The analysis of the data reveals that post the crisis, recoveries are slower
in developed nations versus developing nations and that the deeper the
recession, the longer it takes for a country to recover. Thirdly, this research
paper determines the critical debt level at which economies will start to recover,
following a period of economic fragility. Finally, recommendations which could
contribute towards the mitigation of causes and/or effects of economic crisis
are made.
Key words: Bank Credit, Business Cycle / GR2018
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Corporate governance in state-owned enterprisesMbele, Nimrod Oupa 10 October 2016 (has links)
SUBMITTED IN ACCORDANCE WITH THE REQUIREMENT FOR DEGREE OF
DOCTOR OF PHILOSOPHY
IN THE SUBJECT OF
CORPORATE GOVERNANCE
WITS SCHOOL OF GOVERNANCE
FACULTY OF LAW, COMMERCE AND MANAGEMENT
AT THE
UNIVERSITY OF THE WITWATERSRAND, JOHANNESBURG
AUGUST 2015 / Following a plethora of scandals in both the public and private sectors, corporate governance has become the subject of contentious debates in the public domain over the past decade As a result, codes of good practice in the form of Cadbury, Greenbury, Turnbul, Hempel, Higgs, Sarbanes-Oxley Act (SOX) and Bosch Commission were ushered in different parts of Europe, Australia and the United States of America (USA). In South Africa, the King Commission on Corporate Governance was developed and subsequently modified for State Owned Enterprises (SOEs). Despite the progress noted, the SOEs environment remains in distress as boards and management struggle to maintain a balance between legislative compliance and performance. It is in the latter context that the study was inspired by the boards of the South African Broadcasting Corporation (SABC) and the Electricity Supply Commission (Eskom) respectively struggle to actualise sound corporate governance practices in order to deliver shareholder value.
As part of the qualitative research approach, primary data collection was conducted by means of comprehensive face-to-face interviews with board members and senior management at the two above-mentioned organisations. In total, 30 (thirty) board members and senior managers were interviewed. In addition, secondary data was collected in the form of records, strategy reports, business plans, and memos written to participants. In analysing qualitative interview data, the study utilised content analysis and cross-case analysis methods, on whose basis five themes were derived, namely: legislation and regulations; the interface between board and management; the role of the board in strategy development; performance monitoring of the board; as well as the organisational funding model.
The findings of the study include: fragmented and convoluted legislation; blurring of lines between management and governance; a weak board performance monitoring culture; unclear prioritization of social policy agenda, and inadequate funding to support social policy programmes, such as infrastructure. The policy reviews create leadership instability and accentuate distrust between boards and senior managers. This study further emphasizes limitations of the theoretical frameworks underpinning corporate governance in SOEs, and also advances detailed understanding of the corporate governance issues facing SOEs.
Key Words: State Owned Enterprises; Corporate Governance; Legislation; Regulations; Compliance; Boards; Performance, Monitoring and Evaluation. / MT2016
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The constraints and prospects facing the development of growth of the small businesses in the Giyani area - a case study of the Giyani Business CentreMaswanganyi, Willie Masiza January 2005 (has links)
Thesis (M.Dev.) -- University of Limpopo, 2005 / Refer to Document
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A situational analysis of the SMMEs in the Maruleng Municipality in the Limpopo ProvinceMaboa, Raesetsa Stephina January 2011 (has links)
Thesis (MBA) -- University of Limpopo (turfloop Campus), 2011 / This study investigates and analyses the situational analysis of SMMEs in the Maruleng Local Municipality in the Limpopo Province. It serves to identify the underlying factors that influence the sustainability of SMMEs in the municipality.
In order to gain an understanding on what factors influences the sustainability of SMMEs, a literature study and site analysis was employed as research method. Data were collected using a literature review and empirical investigation. The literature review provided a conceptual framework which included the background of SMMEs, the policies and procedures available for SMME development and promotion, the government intervention for SMME development as well as private sector support available for SMMEs. The empirical investigation was used to determine the situation of SMMEs in the local municipality.
Using a questionnaire designed according to a quantitative approach, a random sampling method was used to select a sample of 60 SMMEs out of a total of 331 SMMEs in Maruleng municipality. Respondents were requested to complete the questionnaires.
The important findings were discussed at length to determine the research objectives that resulted in the conclusion of this research. Based on the analysis of data, conclusion and recommendations were formulated.
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Financial management : An assessment of access to Financial Management Services by Small, Medium and Micro Enterprises in Thohoyandou Business Centre (Thulamela Municipality)Ndou, Muhali Piet January 2010 (has links)
Thesis (MBA) --University of Limpopo, 2010 / Small, Medium and Micro-Enterprises (SMMEs) as vehicles of growth, innovation and social
transformation, are important categories of businesses which must be nurtured and harnessed by the South African authorities. This should enable them to quickly and effectively adapt to the challenges of globalization thereby benefiting the economy. The importance of SMMEs to the
South African economy has already been acknowledged by government.
Despite the growth in venture capital funding, access to funding remains a problem for small enterprises, in particular for empowerment groups in South Africa. In most surveys among small enterprises, the provision of concessionary finance comes out as one of the most urgently felt needs. Indeed extensive research reveals that access financing is one of the several
important factors that are critical for business survival and growth while other factors are market access and lack of financial management skills. South Africa’s financial sectors have always been reluctant to provide comprehensive services for the fragmented, risk-prone and geographically dispersed small enterprises sector.
Evidence of management skills and business knowledge are indications of how well an
entrepreneur can perform important tasks and activities related to the eight functions of a business, which are: general management, operations, finance, purchasing, human resources,marketing, administration and external relations.
One of the major hurdles that face entrepreneurial endeavours is the shortage of financial management skills. South Africa shows a grim picture of the skills gap. SMMEs become the hardest hit as the entire commerce sector forages for the scarcest skills. Small enterprises have been victims of instances of developing their employees only to lose them to bigger firms
offering more lucrative incentives and currently SMMEs in South Africa’s expanding
construction sector are losing the fight in the battle for scarce skills.
Although government has tried to put in place policies and institutions with the aim of improving the accessing of finance by small business owners, their success has been minimal. It is, therefore, imperative that management capability and financial management acumen be regarded as key to accessing funding by the entrepreneurs themselves, and the parties involved
in supporting and promoting them.
It is important to bear in mind that training in entrepreneurial skills without training in business skills will not ensure optimal results. A combination of training to develop entrepreneurial skills
and business training is most effective in preparing and developing successful entrepreneurs.
Therefore, this study is an assessment on access to financial management services by SMMEs in Thohoyandou Business Centre, as funding has a bearing on the economic development and sustainability of SMMEs. The research wanted to establish if the SMMEs in Thohoyandou Business Centre had access to financial management services support and, if they have, are the SMMEs ready to receive these financial management services?
The study revealed that the SMMEs do not possess financial management skills neither do they have access to financial management services although most of them acknowledged that there is a need for these skills for the success of their businesses. The lack of requisite bookkeeping and financial management skills results in most financial institutions being unwilling to provide
funds to this sector, resulting in entrepreneurs relying on their own sources of finance which are limited as shown in the study.
Management capability strengthens the financial capacity of SMMEs. Financial institutions are prone to be favourably biased towards SMMEs who can demonstrate eloquence in areas such as financial management (including basic bookkeeping), marketing and technology upgrading. It is recommended that government and other facilitators incorporate simplified components into their training packages to cover such areas as bookkeeping and compilation of business plans
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General enterprising tendencies amongst grade ten learners in Polokwane, Capricorn District MunicipalityMaoto, Mmaphale Kgahliso January 2013 (has links)
Thesis (M. Com. (Business Management)) -- University of Limpopo, 2013 / The purpose of the study was to assess the general enterprising qualities such as the need for achievement, need for autonomy, creative tendency, calculated risk taking and drive and determination amongst learners at selected secondary schools in the Capricorn District Municipality of Limpopo Province. The intention was to suggest strategies to be used to enhance entrepreneurial qualities and to develop these learners to become successful entrepreneurs in future.
Commercial and non-commercial learners participated in the study. Data were collected from 1931 respondents constituting 31% of the population. The findings revealed that the majority of learners did not possess entrepreneurial qualities. Among others, the following recommendations were offered:
• Schools should teach learners to put theory into practice by offering a learner’s mini business program within their curriculum.
• Career guidance programmes should be improved and commence at grade eight and continue to grade twelve.
Key concepts: entrepreneurship, entrepreneur and entrepreneurship education.
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Factors influencing cloud computing readiness in small and medium enterprises.Sibanyoni, Jabu Lucky. January 2015 (has links)
M. Tech. Business Information Systems / Business innovation driven by technology is widely seen as a key driver to transform enterprises and in particular, the development of Small and Medium Enterprises (SMEs). Any organization eager to improve competitiveness, retain sustainability and cost effectively will require new and better technologies with great capabilities. However not all organizations are ready to adopt these innovative technologies, largely because new and rapidly changing technologies come with new and unique challenges. The emergence of cloud computing paradigm in recent years is rapidly gaining momentum as an alternative to the traditional approach to provide or consume Information Technology (IT) services and resources. It is a significant trend with the potential to increase agility and lower costs of IT. Although, embracing this paradigm promises several benefits to an organization, an effective adoption and implementation of cloud computing in an organization requires these organizations to understand different factors. Current literature have shown that there are inadequate guidelines to guide SMEs in developing economies to determine a company's degree of readiness to adopt technological innovations such as cloud computing to transform the operations of the organisation. The purpose of this study is to investigate factors influencing cloud computing readiness in South African small and medium enterprises.
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Success factors of Chinese footwear and textile enterprises in Johannesburg.Wen, Lei January 2013 (has links)
M. Tech. Business Administration (MBA) / The objective of the study was to identify factors that have enabled Chinese footwear and textile products to thrive in the Central Business District of Johannesburg. China has become Africa's largest trading partner. Over 800 Chinese companies currently trade in 49 countries in Africa resulting in a 10-fold increase in trade between 2000 and 2010. Since the early 1990s, 800 local textiles producers have ceased operation, and over 60,000 jobs have been lost. Accordingly, the South African Government imposed import duty on Chinese textiles products in August 2006. Moreover, Chinese entrepreneurs experience logistical bottlenecks in importing products, language barriers, and still have to comply with government requirements. Also, consumers have become price-sensitive considering the arguably inferior quality of Chinese products. In spite of the hurdles highlighted above, Chinese textiles enterprises are more successful than their competitors. The results of this study showed that the relative success of Chinese footwear and textile companies in comparison with local enterprises was attributed to the practice of rewarding employees with gifts, the provision of training to employees on entrepreneurial skills, and the ability to keep accurate records on business activities. Findings of the study are valuable to stakeholders such as the local footwear and textile enterprises as well as the South African Department of Trade and Industry and the South African Chamber of commerce and Industry.
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