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A critical evaluation of the preferential procurement strategy and enterprise development strategy of a major motor manufacturer in the Eastern CapeMakapela, Nobuntu Unathi B January 2005 (has links)
This research is born out of recognition of the challenges Black Economic Empowerment (BEE) in the private sector faces in South Africa, with preferential procurement being one of the components of South Africa's Broad Based Black Economic Empowerment Strategy. Over the past years, South Africa has witnessed the birth of a new economy, one that allows for investment in its people, makes provision for sustainable growth through skills transfer and development, and ensures economic empowerment. The focus of this research is the Preferential Procurement strategy implemented at DaimlerChrysler South Africa (DCSA) as part of its overall Black Economic Empowerment strategy, the perceptions and expectations of how the current BEE preferential procurement strategy should work versus the perceived performance of how it is working. An official definition of Black Economic Empowerment is presented in the study, followed by barriers to growth of BEE suppliers. The aim of defining Black Economic Empowerment is to provide a good reference point against which an organization like DaimlerChrysler can assess the implementation of its preferential procurement programmes. Having discussed the above, there will be a reflection on government scorecard and a brief discussion of the two charters namely, mining and financial services charter. The study also presents the following requirements for a successful BEE corporate strategy: Strategic intent; External Balanced Scorecard; Financial Assistance; Skills development; Communication. A research methodology for conducting this study and data analysis is presented, followed by limitations of the study and recommendations for further research. It is expected that the knowledge gained from this study will help to I. Demonstrate the need to change perceptions and behaviour regarding Black Economic Empowerment. 2. Assist procurement officials to include BEE objectives into their procurement strategy. 3. Identify policy implications and assist in improving DCSA's Black Economic Empowerment Procurement strategy.
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The taxation of black economic empowerment transactions, with specific reference to the financial sectorKamlana, Unathi January 2006 (has links)
There has been some concern that the pace of expectations being built up regarding the transfer of ownership of the economy into the hands of the previously disadvantaged was not allowing for the due diligence and analysis of the implications of such transactions. Tax legislation relating to the transfer of assets is also not seen to be consistently conducive to this process. The focus of this thesis is taxation and a critical analysis of how the current tax legislation affects most of the transactions which usually form the basis of black economic empowerment. It is argued that tax policy is one of the fundamental instruments available to government to encourage the process of black economic empowerment. It is therefore important to assess whether or not current tax legislation is supportive of the process of black economic empowerment and to suggest ways in which it can be amended to serve this purpose. By means of a literature review and a case study of a Black Economic Empowerment deal in the financial sector, the thesis examines various sections of the Income Tax Act, 58 of 1962, which may have a bearing on black economic empowerment transactions and structures, including corporate restructuring rules, the taxation of trusts, inter-company loans, the use of hybrid financial instruments, the taxation of small business corporations, employee share incentive schemes, connected persons rules and value-shifting arrangements, the general deduction formula and the deductibility of interest incurred on amounts raised to acquire shares. It appears that although some aspects of the current tax legislation lend themselves to assisting black economic empowerment transactions, there are still areas where much improvement is required. / KMBT_363
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The impact of economic downturn on black economic empowerment and banksDaniels, Sinclair Lonwabo January 2010 (has links)
The purpose of this treatise is to ascertain the impact of economic downturn on Black Economic Empowerment (BEE) and Banks. This has been sparked by the huge speculations in the market as to what will happen to BEE and how will the banks cope in general with the impact of this scourge. It is imperative to understand the influence of the 2008+ economic downturn on socio-economic reconstruction and development in South Africa and the black economic empowerment and its funding mechanisms. The treatise has two phases the, namely the theoretical phase and a bit of narrative phase. In the theoretical phase the research study interrogates what the literature review reveals about the economic downturn, BEE as well as performances of different banks across the world. This shows the economic impact that the banks have had to endure during the economic downturn. This resulted in stock markets losing their value. The dividend earners were significantly affected including a sizeable number of BEE companies. The BEE companies are perceived to be too reliant on debt on to finance their deals and this treatise will look at various options of financing a BEE deal and what is deem to the most suited financing structure. The narrative phase involves semi-structured interviews that were conducted in order to ascertain the real impact that South African were faced with and how they have managed to steer clear of the turbulent waters. This also looked at how the BEE consultant views the current occurrences in the market.
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Determining the factors that influence customer service excellence in the South African retail sectorNzo, Yolisa Nomfundo January 2013 (has links)
Customer service excellence (CSE) is the common thread that binds all businesses; as without customers no trade can take place. The South African retail sector is one of the drivers of the economy and it is important that CSE is continuously monitored to ensure that standards of excellence are maintained. What remains unknown and unmeasured is the impact of the employees and the organisation on CSE. The retail sector is dependent on its customer facing employees to be the face and character of the store. Investment in advertising and other media exposure must ultimately be tested when a consumer visits a store and experiences the CSE on the ground and in real time. The investment for the retailer becomes worthwhile if the real face of the company reflects the promises made in the media; and that is in the hands of the men and women who work in the stores. This study sought to find out the impact of employees and organisations in the Centurion mall based retail stores on CSE. Literature was reviewed and quantitative and qualitative research methods was undertaken by means of questionnaires that were distributed to the staff and management of national branded stores in the malls around Centurion. The results obtained were then discussed in terms of each variable tested. The study found that organisational commitment, employee education and employee training have a strong relationship to customer service excellence.
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Impementing broad-based black economic empowerment policy in the provisioning of houses in the Limpopo Department of Co-operative Governance, Human Settlements and Traditional AffairsMulaudzi, Nngwedzeni David January 2017 (has links)
Thesis (MPA.) -- University of Limpopo, 2017 / Apartheid systematically and purposefully restricted the majority of South Africans from meaningful participation in the economy of the country. The society was characterised by entrenched gender inequality, and defined by wealth disparities and general economic exclusion of certain groups of society such as blacks, women and youth, as well as people living with disabilities.
The period since 1994 has seen the South African economy undergoing restructuring. One of the major milestones in this regard was the introduction of the Broad-Based Black Economic Empowerment policy. The principal aim was to undo the legacy of dispossession and disempowerment that characterised economic development until 1994.
This study was undertaken to investigate the implementation of the Broad-Based Black Economic Empowerment Policy (B-BBEE) in the Limpopo Department of Co-operative Governance, Human Settlements and Traditional Affairs. (CoGHSTA). It is also the aim of the study to investigate the processes and systems that ensure that the B-BBEE policy is fairly and equitably implemented. The study further aims at investigating the challenges in the implementation of the B-BBEE policy and suggests appropriate recommendations.
The research methodology followed in this study is qualitative in nature. Semi-structured questionnaires were distributed to respondents for the collection of primary data.
The main finding of the study is that, although the main aim behind the introduction of the policy is to undo the legacy of dispossession and disempowerment of the majority of South Africans, only a few politically “well connected elites” are actual beneficiaries of the empowerment deals in real terms. One of the striking findings is that officials are often not well trained on the imperatives of the policy. As such it is recommended by the study that rolling out training programmes for staff members, especially those closely working with bids in Supply Chain Management, be considered.
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Evaluating the level of job satisfaction of financial inspectors in the Limpopo Inspectorate DivisionChabalala, Mafemani David 30 April 2006 (has links)
The purpose of this research was to investigate the level of job satisfaction among financial inspectors in order to measure the level of job satisfaction, to identify the reasons for the level of job satisfaction, to present findings, and to make recommendations to the Inspectorate Division that would improve the feeling of empowerment of financial inspectors. This mini-dissertation entails a literature review and empirical study. The data was collected by means of a structured questionnaire based on the Minnesota Satisfaction Questionnaire (MSQ). The outcome of the research indicates that there is lower level of job satisfaction among financial inspectors with regard to the manner in which inspection reports are sent to inspected departments and their feedback; the training programme of financial inspectors; payments based on the Performance Management System (PMS); job insecurity and the transfer of financial inspectors to other sections or departments; communication channels within the Inspectorate Division and Office of the Premier with regard to the control of inspectors; provision of cell phones to financial inspectors and their supervision by their managers; working conditions and involvement of financial inspectors in decisions that affect them at work. The main finding is that financial inspectors indeed experience a lower level of job satisfaction with regard to almost all the factors investigated under the problem statement and thus, the practice of empowerment is recommended as a solution to address the Inspectorate problems. / Business Management / M.Tech.
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Beyond equality and difference: empowerment of black professional women in post-apartheid South AfricaMcCallum, Carita 30 November 2005 (has links)
South Africa has embarked on a journey of transformation since 1994. The ruling ANC has introduced many policies aimed at achieving equality, known as "black empowerment". The `empowerment' of black women professionals is especially critical in the transformation era. Empowerment is defined as a process, which "involves individuals gaining control of their lives and fulfilling their needs, …as a result of developing the competencies, skills, and abilities necessary to effectively participate in their social and political worlds" (Kreisberg, 1992:19). From this perspective, empowerment is the essential expression of individualism and self-determination since it embodies the belief that the individual has the ability to effect changes and improve their lives. This individually oriented definition presupposes the importance of constructing one's `self' as unitary and independent. The `unitary self' is a support of the logic of the `Same', which entails the exclusion of otherness and difference. In contrast to this approach, the postmodern theory of Julia Kristeva, with its inherent suspicion of doctrines of pure origins and essences, is corrosive of discourses such as `empowerment' that are developed according to the logic of the Same. Kristeva proposes a subject which is always already `in process'. Identity is a constructed process, rather than a fundamental essence. The Oedipal model, extracted from the Kristevan theory of subjectivity, shows how the nine professional women who partook in this study constructed their selves by placing equality and difference in an antithetical relationship. However, a deconstruction of the Oedipal model opens the construct up to its blind spots and, these subjects are shown to base their identities on the splitting off of their feminine capabilities. Instead of being `unitary self', the subjects are subjects-in-process, and they operate both across and within the competing discourses of traditional femininity and masculinity. As a possible alternative to the positivist paradigm of `empowerment', a Kristevan `herethics' is considered. In South Africa, this is exemplified by the `ubuntu' principle, which entails the recognition of our interdependence. Finally, in order to assist these professional women to embrace the alterity within, whilst competing in a constantly changing and intellectually challenging world, life skills coaching which focuses on the often repressed, emotional aspects, is recommended. / Psychology / D.Litt et Phil. (Psychology)
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Die invloed van werknemerbemagtiging op skofwerkers se werknemerdoeltreffendheid en hul persepsies van die gehalte van hul werklewePieterse, Ferdinandus Lukas Johannes Bartholomeus, 1959- 11 1900 (has links)
Text in Afrikaans, abstract in Afrikaans and English / Die doel van hierdie navorsing was om te bepaal of betekenisvolle verskille bestaan tussen
werknemerdoeltreffendheid en persepsies van gehalte van werklewe van bemagtigde en niebemagtigde
skofwerkers in die Suid-Afrikaanse petrochemiese bedryf.
Skofwerknavorsing het gedurende die afgelope dekade internasionaal toegeneem. Hiermee
gepaardgaande het verskeie intervensies ontstaan om die doeltreffendheid van skofwerkers en hulle
gehalte van werklewe te bevorder. Deur gebruik te maak van 'n gekombineerde vraelys ("Standard
Shiftwork Index") en werklike data ten opsigte van afwesigheid en prestasiebeoordelings, is 'n
steekproef van 102 gevalle geanaliseer. 'n 90 persent betroubaarheidinterval is gebruik om waardes
ten opsigte van elke veranderlike te bepaal. Daar is bevind dat werknemerbemagtiging
weinig invloed het op skofwerkers se werkbywoning. Daar is ook gevind dat werknemerbemagtiging
nie lei tot 'n meer positiewe persepsie, by toesighouers, van skofwerkwerkers se algemene
werkprestasie nie. Daar is egter bevind dat skofwerkers se persepsies van hulle gehalte van
werklewe, ten opsigte van werkdissatisfaksie, chroniese vermoeidheid en tevredenheid met sosiale
omstandighede, wel positiefbelnvloed word deur werknemerbemagtiging.
Aanbevelings is gemaak ten opsigte van die aanwending van werknemerbemagtiging, as intervensie
in skofwerkomgewings, asook vir verdere skofwerknavorsing in Suid-Afrika. / The purpose of this research was to determine if significant differences exist between employee
effectiveness and perceptions of quality of working life of empowered and non-empowered
shiftworkers in the South-African petrochemical industry.
By using the Standard Shiftwork Index and real absenteeism and appraisal data, a sample of 102
cases was analysed. A 90 percent confidence interval was used to determine t-values for variables. It
was found that empowerment has little influence on the work attendance of shiftworkers and that
empowerment does not lead to more positive perceptions of general work performance of
shiftworkers, among their supervisors. It was, however, found that shiftworkers' perceptions of their
quality of working life are improved by empowerment in respect of work dissatisfaction, chronic
fatigue and satisfaction with social circumstances.
Suggestions were made concerning the use of empowerment, as an intervention, in shiftwork environments and for future shiftwork research in South-Africa. / Industrial & Organisational Psychology / M.Comm. (Bedryfsielkunde)
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Broad-based black economic empowerment as a competitive advantage in procurement in the construction industry in KwaZulu-NatalGoose, Dax Edward 10 October 2012 (has links)
Dissertation submitted in compliance with the requirements for the Masters Degree in Technology: Business Administration, Durban University of Technology, 2012. / The aim of this research project was to study the basic understanding the decision makers of construction companies in KwaZulu-Natal had of the Broad-based Black Economic Empowerment (BBBEE) initiative. This initiative has evolved from its origins as a form of affirmative action in the early 1990s into the broad-based initiative embodied in the Broad-based Black Economic Empowerment Act promulgated in 2003 and gazetted in 2007. Research was conducted using a questionnaire to assess the targeted population’s understanding of BBBEE. A census of the 259 construction companies affiliated with the KwaZulu-Natal Master Builders Association (NMBA) at the time of the research was used. The questionnaire was distributed primarily by email and the returns were assessed using statistical methods. The results were also tested as a cross-tabulation based on the demographics and the BBBEE rating of the respondents. The findings showed that although most of the respondents knew about the BBBEE initiative and indicated a level of understanding of this policy, certain of their perceived understandings were misguided. The way in which the Act was intended to be implemented and was intended to benefit those who were previously disadvantaged had been misread by all parties. The way in which the government has rolled out its BBBEE initiative has not been effective. This needs to be addressed by both training and partnering with those SMMEs that can most effect change to implement the Act. This study only scratched the surface of the effects the BBBEE legislation will have on small to medium-sized businesses. It has highlighted the need for further research into both the trickle-down effect of this initiative and into the availability of skilled personnel to grow the economy in the way the BBBEE Act intended.
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'n Ondersoek na die invloed van 'n Swart ekonomiese bemagtiging strategie op die waarde van 'n insetverskaffer in die Suid-Afrikaanse landbou omgewingKotze, T. N. (Theunis Nicolaas) 03 1900 (has links)
Thesis (MBA)--Stellenbosch University, 2004. / ENGLISH ABSTRACT: Agriculture remains an important industry in South Africa. Although primary
agriculture contributes only 4.5% to the Gross Domestic Product (GDP), the
related agrifood industry contributes an additional 9%. Furthermore agriculture is
a major provider of employment, especially in rural areas where more than 50%
of the local community depends on agriculture.
In general Black Economic Empowerment (BEE) is accepted as a precondition to
a stable and prosperous South Africa. As a result thereof various sector plans
have been negotiated and at this stage agriculture is busy with final inputs
towards the Agricultural BEE plan to be finalised in December 2004.
Ownership and management transformation however are difficult for most
farming enterprises as most of them are small family enterprises. Therefore they
will support BEE agricultural input providers to support BEE. According to the
BEE Score Card it will be possible to adhere to BEE requirements without
adhering to ownership and management requirements provided that good scores
are obtained from the other aspects such as skills development, BEE initiatives,
preferred suppliers and other.
The transfer of ownership also has significant financial implications. It is
estimated that R65 billion will be needed to achieve the proposed objectives of
30% agricultural land and 35% of agricultural businesses in the RSA to be
transfered to black people by 2014. However, only R703 million has been spend
on land restitution during the past year and only R933 million budgeted for
2004/2005.
The feasibility of processed oats to be marketed as rolled oats, quick oats and
muesli as such a BEE initiative has been evaluated in this study project as a joint
venture between Agricol and SSK. Agricol (seed company) has cereal type oat varieties whilst Sentraal Suid-Koóperasie (Farmer Cooperative) has good grain
handling infrastructures in the major oat producing areas. This project will
provide both counterparts with the opportunity to integrate vertically, diversify
sources of income (away from primary agriculture), empower previously
disadvantaged individuals in both organisations and to meet BEE objectives.
This study indicates that such a BEE initiative is feasible and offers a very good
return to participants. Extremely high hygene and quality assurance standards of
the processed product, the marketing thereof and market access has been
identified as critical performance areas. At a dehulled percentage of 60% and
price paid for oats of R1000 per ton, 600 ton of the processed oats will have to be
sold annually to ensure a profit of R140 000 per annum.
Subject to the budgeted figures, the project has the potential to realise a
R843000 profit in year 5. The value of the new company based on the
discounted cash flow method, will be R2.7 to R3.9 million. Due to the initial
losses and associated negative cash flows, the value is primarily represented by
the terminal value of the company after 5 years.
Current shareholders require an expected return on capital of 15%. Internal rate
of return for the project is 42% which is much more that the hurdle rate. The
intented BEE initiative therefore definitely adds value to shareholders. Important
people issues like shared vision, values, expectations, trust and commitment
needs to addressed continuously to realise the potential of the project. Strong
and skilled leadership will also play a decisive role as important decisions will
have to be taken continuously. / AFRIKAANSE OPSOMMING: Landbou bly 'n beIangrike industrie in Suid-Afrika en alhoewel primêre-landbou
slegs 4.5% van Bruto Binnelandse Produk (BBP) bydra, word die bydrae van die
landbouverwante agrivoedsel industrie op 'n addisionele 9% beraam. Landbou
is verder 'n belangrike werkverskaffer, veral op die platteland waar meer as die
helfte van die bevolking soms van landbou afhanklik is.
Daar word algemeen aanvaar dat Swart Ekonomiese Bemagtiging (SEB) 'n
voorvereiste tot 'n stabiele en welvarende Suid-Afrika is. In die lig hiervan is
verskeie sektor SEB handveste alreeds onderhandel en die landbousektor is tans
besig om insette te lewer ten einde die landbou handves teen Desember 2004 te
finaliseer.
Aangesien meeste boerdery ondernemings egter klein familie ondernemings is
wat moeilik eienaarskap en bestuurstransformasie kan akkomodeer, sal hulle
SEB landbou inset verskaffers ondersteun om sodoende SEB te ondersteun.
Volgens die SEB telkaart sal dit vir ondernemings moontlik wees om aan SEB
vereistes te voldoen alhoewel daar nie noodwendig aan eienaarskap en
bestuursvereistes voldoen is nie, maar wel goeie tellings op die gebied van
vaardigheidsontwikkeling, SEB inisiatiewe, voorkeurvoorsiening en ander fasette
behaal is.
Die oordrag van eienaarskap het ook omvattende finansiële implikasies. Daar
word beraam dat ongeveer R65 miljard benodig word om die voorgestelde
doelwitte van 30% landbougrond en 35% van landboubesighede in die RSA teen
2014 aan swart mense oor te dra. Hierteenoor is slegs R703 miljoen die
afgelope jaar aan grondhervorming bestee terwyl die begroting vir 2004/2005
R933 miljoen bedra. Die lewensvatbaarheid van verwerkte hawer wat in die vorm van gerolde hawer,
hawermout en muesli bemark sal word, is as SEB inisiatief en gesamentlike
projek tussen Agricol en Sentraal Suid-Koöperasie, in hierdie werkstuk
ondersoek. Agricol (saadmaatskappy) beskik oor ontbytgraan tipe hawer
kultivars en Sentraal Suid-Kooperasie het 'n goeie graanhanterings infrastruktuur
in die hawer produksie gebiede. Die projek sal aan beide medewerkers die
geleentheid bied om vertikaal te integreer, inkomste te diversifiseer (weg van
primêre landbou), voorheen benadeelde individue in beide instansies te bemagtig
en beide instansies help om aan SEB doelwitte te voldoen.
Die studie het aangedui dat so 'n SEB inisitief wel lewensvatbaar is en goeie
opbrengste aan al die deelnemers sal bied. Uitermate hoë higiëne en
kwaliteitstandaarde van die verwerkte produkte tesame met die bemarking en
marktoegang is as belangrike kritiese prestasie areas geïdentifiseer. Teen 'n pit
tot dop verhouding van 60% en gemiddelde aankoopprys van R1000 per ton vir
hawer, moet ongeveer 600 ton verwerkte hawer jaarliks verkoop word om 'n
wins van R140 000 per jaar te verseker.
Gegewe die begrote syfers, het die projek die potensiaal om R843 000 wins in
jaar 5 te genereer. Die waarde van die nuwe maatskappy, gebasseer op die
verdiskonteerde kontantvloei metode, beloop R2.7 tot R3.9 miljoen. As gevolg
van die aanvanklike verliese en gepaardgaande negatiewe kontantvloeie, lê die
waarde van die maatskappy egter hoofsaaklik in die eindwaarde na 5 jaar.
Huidige aandeelhouers se verwagte opbrengs op kapitaal is 15%. Die interne
opbrengskoers van die projek beloop 42% wat dus hoër as die drempelwaarde
is. Die beplande SEB inisiatief voeg dus bepaald waarde toe vir aandeelhouers.
Belangrike mensekwessies soos dieselfde visie, waardes, verwagtinge, vertroue,
verbintenis en toewyding sal baie aandag moet geniet om van die potensiaal 'n
werklikheid te maak. Sterk en bekwame leierskap sal ook 'n deurslaggewende
rol speel aangesien gewigtige besluite voortdurend geneem sal moet word.
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