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The effect of black economic empowerment on employeesLeyds, Jaqueline Sue-Anne Acquila 09 March 2010 (has links)
This study is aimed at determining the effect of Black Economic Empowerment on employees. The objectives of this study were: <ul> <li>To conceptualize theoretically what Black Economic Empowerment entails and to identify the causes of the Broad Based Black Economic Empowerment Act.</li> <li>To determine the physical, emotional, psychological and social effect of BEE on employees and to elaborate on employees’ experiences</li>. <li>To make recommendations regarding the implementation of BEE based on employees experiences.</li> </ul> This qualitative study endeavoured to answer the following research question: “What effect does BEE have on employees?” By answering this question, the researcher aimed to document experiences to understand the effect of this phenomenon on employees and to make recommendations regarding its implementation in the workplace. Probability sampling methods were used to select the respondents and data was gathered by using semi-structured interview schedules. These interviews were taped-recorded, transcribed and analysed by extracting themes and subthemes. The study was feasible as it was within the financial and practical means of the researcher. Permission was obtained from BOSASA to conduct the study, and use their resources, staff and data. The main themes that emerged from the data analysis are as follows: <ul> <li>Support for BEE</li> <li>Criticism of BEE</li> <li>The role of communication</li> <li>Change leads to mental shifts</li> <li>Changes in the working environment affects employees</li> <li>Attitude towards change impacts on physical effects</li> <li>The importance of development in the implementation of BEE.</li> </ul> From the research findings, the following conclusions and recommendations were made: It can be concluded that there are different opinions regarding the implementation of BEE and we have to acknowledge that there are positive and negative effects thereof. BEE can hold mutual benefits for both employees and the organization, but it is important for open and reciprocal communication channels to be present whilst BEE is being implemented. It was also concluded that although BEE is a legislative process the individuals within the organization definitely experience the ripple effect of the changes that are implemented. On micro-level, it is recommended that all organizations where BEE is being implemented should have open communication channels between themselves and their employees. Opportunities for questions regarding clarity of processes being implemented should be part of the process and communication of information should be reciprocal and not just from a top down approach. On meso-level, it is recommended that different levels of management should receive training regarding BEE, what it entails and how it will be implemented. The reasons for its implementation and the benefits it holds for the organization and employees should be explored during these sessions. On macro-level, it is recommended that the marketing of BEE should become more prominent in the media in South Africa, including newspapers, television and billboards. The emphasis should shift from only reporting on the “large” BEE deals that are done, to the untold stories of the masses that daily experience the positive effects that BEE has had on them as “smaller” organizations and individuals. Organizations should assist in rectifying the harms of the past. It should not only be about implementing BEE for the purpose of getting business deals from government, but also about realizing its significance for the economic growth of our country. This will assist in eradicating fronting and create a culture that is open to change. Copyright / Dissertation (MSW)--University of Pretoria, 2008. / Social Work and Criminology / unrestricted
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[RE]Claiming Vigour : Designing an Urban Industrial Complex in Mamelodi Human Settlements and Urbanismvan Schalkwyk, Cornelis Rudolf January 2018 (has links)
Mamelodi still remains captive in the spatial legacy of Apartheid.
With long travel times and virtually no employment opportunities
in Mamelodi, the status quo is difficult for inhabitants
to deal with. Economic theory suggests that industrial
programmes employ the largest number of people, and are
the most effective ways to grow the economy. Additionally,
workers for industrial jobs rarely require intricate training or
education, creating the ideal platform for entry level jobs.
A theoretical investigation looked at the validity of functionalism
for an industrial programme, but found it lacking. Critics
charged functionalism with not considering all the functions
a building serves unintentionally, which led to an additional
layer of theory being added to the process. This was critical
regionalism, selected for being contextually sensitive and appropriate
whilst remaining grounded and practical about modernity.
Precedents looked at the spaces Industries in Mamelodi
used and the spaces international industries use, taking
lessons from that. A site was chosen and analysed, and all the
research was distilled into four drivers: Industry, Railway link,
Level Change, and Modularity. This is quickly developed into a
concept of creating an energy conduit, as a means to transfer
the vigourous energy of Mamelodi to the outside world.
And this finally led to a design. Located on a steep hillside, the
design negotiates some steep conditions and staggers a bunch
of separate buildings over the site. Breaking the monolith,
these buildings also create intimate public spaces in-between,
that become populated with the happenings of everyday life.
Four chimney towers serve as beacons, and create small thermally
comfortable spots in the public spaces. Shading devices
extend indoor programs into the public realm, trying to blur
the threshold between them.
The building is adaptable, allowing materials to be re-used on
a new location, and follows a strict grid and modular. This allows
for the easy expansion and changing of spaces, as businesses
should require. Further, pooling resources together allows
the industries far greater access to services, systems and
resources than they would be capable of acquiring on their
own. And lastly, the central location with the railway and road
links the industries not only with their employees but also to
potential markets, allowing for greater profit and more sustainable
economic empowerment.
This dissertation shows a method for bringing economic empowerment
to Mamelodi, using industrial programmes that
share resources. It is possible to do this in a contextually sensitive
way, without compromising on the quality of the spaces. / Mini Dissertation (MArch (Prof))--University of Pretoria, 2018. / Architecture / MArch (Prof) / Unrestricted
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Kvinnans ställning i det ekonomiska rummet : En fallstudie i Kapstaden, Sydafrika / A Women’s Position in the EconomyIllman, Hanna January 2020 (has links)
This study investigates black women´s participation in the economy and financial decisions oftheir life. This in order to analysis the outcome of economic rights and empowerment specificallyin townships of Cape Town, South Africa. The economic vulnerability in South Africa iswidespread and black woman are most affected. A field study was conducted through semistructuredinterviewing with 20 women where they shared their experiences in economic rightsand empowerment. The purpose of this study is to provide an understanding of attitudes abouteconomic empowerment and rights for black women. The analysis was made within a theoreticalframework based upon Western and African feminism as well as Sally Engle Merry’s studyregarding the practice of how human rights is affected by culture. The field study resulted in threeidentified themes that affect woman's financial position. Firstly, the labor situation in the countrywith high unemployment. Secondly, the traditional gender roles and thirdly the economic violence.The study will show that these three themes prevents the possibility of black women havingeconomic rights and economic empowerment. Further on, lack of knowledge and the time frameof making changes in culture something that also will be discussed.
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The implementation of broad-based black economic empowerment strategies in the Overberg Agri Group of CompaniesLadouce, Brett Louis 12 1900 (has links)
Thesis (MBA (Business Management))--University of Stellenbosch, 2009. / ENGLISH ABSTRACT: The Broad-Based Economic Empowerment Act, No. 53 of 2003, and its Codes of Good Practice on Black Economic Empowerment are the cornerstones of a strategy implemented by the South African government to transform the economy to an inclusive one where all citizens have equal opportunities to contribute to the economic growth of the country.
The process of Broad-Based Black Economic Empowerment has a direct impact on the operational activities of all businesses in all business sectors, including the agricultural sector.
The main aim of this study is to compile a comprehensive Broad-Based Black Economic Empowerment strategy for Overberg Agri Limited. The strategy is based on the implementation of initiatives aimed at compliance with the seven pillars of black economic empowerment as incorporated in the Codes of Good Practice on Black Economic Empowerment.
A critical analysis of the legislative framework and executive governmental decrees governing Broad-Based Black Economic Empowerment shows that the government of South Africa followed a structured legislative approach to the drafting and implementation of legislation aimed at creating an equitable society by addressing the inter-related issues of human rights, employment equity, skills development, allocation of natural resources and black economic empowerment.
Overberg Agri Limited partially addressed its significant non-compliance with the Generic BEE Scorecard by entering into an agreement with Thembeka Capital. However, this transaction only addressed the ownership requirement of Broad-Based Black Economic Empowerment and had a limited effect on enhancing the black economic empowerment status of Overberg Agri Limited.
Overberg Agri can achieve its goal of Level 4 Broad-Based Black Economic Empowerment status by:
• Reorganising its business structure in terms of core agricultural and non-core business activities; • Selling significant stakes in non-core business entities to black shareholders; • Entering into other joint ventures with black businesses; • Addressing all seven elements of the B-BBEE scorecard and making the required resources available for this.
This research report provides value due to the fact that it adequately addresses the research problem. It also followed the proposed research procedure in addressing the research problem and it provides the foundation for a general application of its findings. / AFRIKAANSE OPSOMMING: Die Breëbasis Swart Ekonomiese Bemagtigingswet, Nr. 53 van 2003, en die generiese kodes vir goeie praktyk ten opsigte van swart ekonomiese bemagtiging vorm die hoekstene van die strategie wat deur die Suid-Afrikaanse regering geïmplementeer is om die ekonomie te omskep in 'n inklusiewe een waar alle landsburgers gelyke geleenthede gegun word om 'n bydrae te lewer tot die ekonomiese groei van die land.
Die proses van Breëbasis Swart Ekonomiese Bemagtiging het 'n direkte invloed op die operasionele bedrywighede van alle besighede in al die besigheidsektore, insluitend die landbousektor.
Die hoofdoel van hierdie studie is om 'n omvattende Breëbasis Swart Ekonomiese Bemagtigingstrategie vir Overberg Agri Beperk op te stel. Die strategie is gebaseer op die implementering van inisiatiewe wat gemik is op voldoening aan die vereistes van die sewe pilare van swart ekonomiese bemagtiging soos uiteengesit in die generiese kodes vir goeie praktyk vir swart ekonomiese bemagtiging.
'n Kritiese analise van die wetgewende raamwerk en uitvoerende regeringsbesluite wat 'n invloed het op Breëbasis Swart Ekonomiese Bemagtiging dui aan dat die Suid-Afrikaanse regering 'n gestruktureerde wetgewende benadering gevolg het in die opstel en implementering van wetgewing wat daarop gemik is om 'n regverdige samelewing te skep deur aandag te skenk aan die interafhanklike kwessies van menseregte, gelyke indiensneming, vaardigheidsontwikkeling, toekenning van natuurlike hulpbronne en swart ekonomiese bemagtiging.
Overberg Agri Beperk het sy aansienlike gebrek aan voldoening aan die voorskrifte van die generiese swart bemagtigingstelkaart gedeeltelik aangespreek deur 'n ooreenkoms met Thembeka Capital aan te gaan. Die transaksie skenk egter slegs aandag aan die eienaarskapvereiste van Breëbasis Swart Ekonomiese Bemagtiging en het 'n beperkte uitwerking op die verhoging van die swart ekonomiese bemagtigingstatus van Overberg Agri Beperk gehad.
Overberg Agri Beperk kan sy teiken van Vlak 4 Breëbasis Swart Ekonomiese Bemagtigingstatus bereik deur: • Sybesigheid struktuur te herstruktureer ten opsigte van kern- en nie-kernbesigheidsaktiwiteite; • Aansienlike aandeelhouding van nie-kernbesigheidsentiteite aan swart aandeelhuers te verkoop; • Gesamentlike ondernemings met swart besighede te begin;
• Aandag te skenk aan al sewe elemente van die Breëbasis Swart Ekonomiese Bemagtigingtelkaart en die hulpbronne beskikbaar te stel wat daarvoor benodig word.
Die ondersoekverslag is van waarde aangesien dit die ondersoekvraag volledig aanspreek, die voorgestelde ondersoekprosedure gevolg het en 'n basis skep vir die algemene toepassing van die bevindinge.
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The viability of preferential procurement in the metals and engineering sector / by L.L. MokakalaMokakala, Lethola Lazarus January 2010 (has links)
The objectives of this study were to evaluate the viability and sustainability of
preferential procurement in the metals and engineering sector. Preferential
procurement is one of the seven elements of Broad–Based–Black Economic
Empowerment (BBBEE) and seeks to encourage companies to procure goods and
services from black empowered suppliers.
The Broad–Based–Black Economic Empowerment Act was legislated in 2004 as an
improvement on the previous Black Economic Empowerment (BEE). The
objective of these legislations was to increase participation of previously
disadvantaged groups in the mainstream economy. BEE was deemed to be
narrow because it focused exclusively on ownership and management control.
BBBEE was enacted to broaden the number of beneficiaries and included five
other elements, namely: Employment Equity, Skills Development, Preferential
Procurement, Enterprise Development and Socio–economic Development.
The two companies that engage in preferential procurement should benefit from
the relationship and value should be created in the process. Companies should
not procure from black suppliers for accumulating points on the generic
scorecard. Black–owned suppliers should provide service and products of the
highest quality standards that meet customer requirements.
The questionnaire that reflects on the objectives of this study was drafted and
circulated to black–owned suppliers for completion. The suppliers were asked to
comment on statements that reflect on capacity, profitability, working
relationship and continuity. The results show that the SMMEs have capacity to
perform according to specification of customers. The area of concern was the difficulty for SMMEs to maintain the current preferential status. This is a risk that
needs urgent attention. This needs further in–depth study and analysis. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2011.
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The viability of preferential procurement in the metals and engineering sector / by L.L. MokakalaMokakala, Lethola Lazarus January 2010 (has links)
The objectives of this study were to evaluate the viability and sustainability of
preferential procurement in the metals and engineering sector. Preferential
procurement is one of the seven elements of Broad–Based–Black Economic
Empowerment (BBBEE) and seeks to encourage companies to procure goods and
services from black empowered suppliers.
The Broad–Based–Black Economic Empowerment Act was legislated in 2004 as an
improvement on the previous Black Economic Empowerment (BEE). The
objective of these legislations was to increase participation of previously
disadvantaged groups in the mainstream economy. BEE was deemed to be
narrow because it focused exclusively on ownership and management control.
BBBEE was enacted to broaden the number of beneficiaries and included five
other elements, namely: Employment Equity, Skills Development, Preferential
Procurement, Enterprise Development and Socio–economic Development.
The two companies that engage in preferential procurement should benefit from
the relationship and value should be created in the process. Companies should
not procure from black suppliers for accumulating points on the generic
scorecard. Black–owned suppliers should provide service and products of the
highest quality standards that meet customer requirements.
The questionnaire that reflects on the objectives of this study was drafted and
circulated to black–owned suppliers for completion. The suppliers were asked to
comment on statements that reflect on capacity, profitability, working
relationship and continuity. The results show that the SMMEs have capacity to
perform according to specification of customers. The area of concern was the difficulty for SMMEs to maintain the current preferential status. This is a risk that
needs urgent attention. This needs further in–depth study and analysis. / Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2011.
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Perspectives on trust business alliances in the Black economic empowerment context : a Q methodological approachMoalusi, Kgope Philemon 06 1900 (has links)
This study endeavoured to uncover the trust experiences of individuals involved in business
alliances between traditional companies (TCs) and historically disadvantaged institutions
(HDIs) with a view to constructing a model that would facilitate a better understanding of
organisational trust within these institutions. The theoretical study proposed a theoretical
model of trust in the alliances between TCs and HDIs within an economic empowerment
domain. The empirical study employed Q methodology to investigate the trust experiences of
the participants. The 25 individuals who participated in the study were selected by means of
both non-probability purposive and snowball sampling The participants were presented with
the Q sample containing 50 items which they had to sort in accordance with the instruction
given. The post-Q sorting interview was conducted to give the participants a chance to
expound on their reasoning for the sorting of the Q sample.
Data were analysed using Pearson product-moment correlation and factor analysis. Six
factors revealed participants’ experiences of trust in the alliances: Factor A (Sincerity trust
alliances), Factor B (Values trust alliances), Factor C (Duped trust alliances), Factor D
(Vigilant trust alliances), Factor E (Deceitful trust alliances) and Factor F (Inclination to trust
alliances).
The trust experiences of the six groups were used to theorise about the association between
the participants’ trust experiences and their performance on the Positive and Negative Affect
Schedule (PANAS). In the main, the study found that groups that had pleasant trust
experiences with their partner organisations exhibited have high positive affect (PA) and low
negative affect (NA). Although exploratory in nature, the study contributed an empirically derived theoretical
framework of cognitive and affective trust within business alliances that may be further
investigated in future research endeavours. In this was it identified and proposed a modus
operandi for closing the trust gap. / Industrial and Organisational Psychology / D. Com. (Industrial and Organisational Psychology)
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Information and knowledge society and its impact on poverty alleviation and economic empowerment among informal sector women entrepreneurs in South AfricaJiyane, Glenrose Velile January 2012 (has links)
Submitted in accordance with the requirements for the degree of Doctor of Philosophy
in Library and Information Science at the University of Zululand, South Africa, 2012. / The use of tools for development has evolved from the industrial revolution in the late
18th and 19th centuries that saw the increased use of machines and developments in the
mining industries, to the increased use of information and technology in the 20th century
and major breakthroughs that sparked the evolution into the information and knowledge
society of the 21st century. The basis of the information and knowledge society revolves
around technology’s increased assimilation and diffusion in human society, particularly
information and communication technologies and their rapid growth and use in the
exchange of information and knowledge. This society offers many opportunities and
benefits to people in terms of the facilitation of information creation, distribution,
diffusion, access and use for growth and development in various spheres of life.
Information and communication technologies are thus regarded as tools for the
advancement and development of communities, and this includes rural, illiterate,
marginalized and poor communities and the female entrepreneurs in the informal sector
who are the subject of this thesis.
The aim of this study was to examine information and knowledge society and its impact
on poverty alleviation and the economic empowerment of informal sector women
entrepreneurs in South Africa and develop a model for utilization of information and
knowledge in the informal sector. Both qualitative and quantitative approaches were
employed for triangulation, although the qualitative approach significantly outweighed
the quantitative in this study. The absence of a comprehensive list of informal activities
in KwaZulu-Natal led to the decision to use snowball, purposive and haphazard
sampling techniques to select the sample for the study.
Focus group discussions, interviews, observation and content analysis were used to
collect data from 118 women entrepreneurs from the informal sector, 17 women
leaders, and 4 officials from the Hlabisa Local Municipality in KwaZulu-Natal.
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An event study to investigate the impact of BEE announcements on share priceFairbairn, Roslyn Deidre 03 1900 (has links)
Thesis (MBA (Business Management))--University of Stellenbosch, 2009. / ENGLISH ABSTRACT: This event study examines the effect that Black Economic Empowerment (BEE) announcements have on a companies' share price. The average mean return model is applied to study a sample of companies from the Financial Mail Top 200 Empowerment Companies list, 2007. The mean price change observed in a 7-day window around the event announcement is found to be significant relative to the calculated critical value. Results of the test statistic calculated relative to the probability shows that at a p-value of 0,00113, the result is significant and the null hypothesis is rejected at a 95% confidence level. This result of this study supports the fact that markets react positively to the announcements of BEE events. / AFRIKAANSE OPSOMMING: Hierdie studie ondersoek die verhouding tussen die verandering van 'n maatskappy se aandele prys wanneer hierdie maatskappy 'n aankondiging maak oor 'n Swart Ekonomiese Transaksie (SET). Die Financial Mail Top 200 Empowerment Companies 2007 lys is gebruik om maatskappye te kies vir die studie. Die gemiddelde verandering in aandele prys in a 7-dag venster rondom die SET aankondiging blyk merkwaardig te wees wanneer met 'n berekende kritiese waarde vergelyk word. Die toets statistiek bewys dat met 'n p-waarde van 0,00113 daar met 95% sekerheid die nul hipotese kan verwerp. Die resultaat van hierdie studie ondersteun die feit dat markte positief reageer teenoor maatskappye wat nuus oor SET transaksies aankondig.
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Electricity price hikes : managing for sustainable value creation in a mining company / Beverly Jean WillemseWillemse, Beverly Jean January 2012 (has links)
Companies are faced with challenges constraining the achievement of set budgets, goals,
profit and cost of product, to name a few, on a daily basis. These challenges influence
value creation and sustainable value creation. Value-based management is an integrated
management tool which may assist in achieving sustainable value creation within a
company. Achieving sustainable value creation will result in benefits for both the
shareholders and the various stakeholders.
In 2008 and 2009 Eskom, South Africa’s sole electricity provider announced a major
shortage of electricity and consequently major price increases. Since electricity
consumption is a crucial part of the production process, this announcement had a
devastating effect on mining companies.
The primary objective of the current study is to investigate whether a local mining
company is focusing on applicable endeavours to overcome the electricity constraint and
price hikes in order to sustain value creation.
This was done by studying the company’s financial & management reports, public
announcements and media coverage, in conjunction with a quantitative study, collecting
primary data by using standardised questionnaires distributed among the mining
company’s employees.
The results from this study indicate that the selected company is focusing on relevant
projects to overcome the electricity constraints. Further, the conclusion made from the
results of the questionnaires shows that the higher staff levels are more informed and
aware of value-based management. It also points out that the lower levels and
employees from the production and mining departments are less informed and aware of
value-based management. / Thesis (MBA)--North-West University, Potchefstroom Campus, 2012
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