Persistent government budget deficits and government debt have become major concerns in both developed and developing countries. This study investigates the impact of a budget deficit on transport infrastructure investment in South Africa. Quarterly time series data, covering the period 1990q1- 2009q4, was used in this project. The study tests for stationarity using the Augmented Dickey- Fuller and Phillips Perron; it tests for cointegration using the Johansen (1991, 1995) methodology. A vector error correction model is used as an estimation technique. The results of this study show that a budget deficit has a negative impact on transport infrastructure investment in South Africa.

M.Ing. (Engineering Management) / As a result of its direct relations with the different sectors of the economy, the construction industry is used as a tool by governments around the world for economic recovery. The South African government has taken such a stance following the 2008/2009 global financial crisis, by proposing the government‘s infrastructure spending and expansion programme for economic growth and development. The South African economy took a stalling from 4.1% in 2007 to 2.3% in 2008 and then turning negative in 2009. This research paper seeks to gather insight of the relationship between construction output and economic growth, as well as the potential long and short term benefits of major infrastructure projects to the South African economy. South Africa; as a developing country and with its construction industry currently in the upward trend, there are lessons that can be learnt from the developed countries. To this end, trends in construction output and GDP have been scrutinised to examine any pattern of development relating the construction industry and its relationship with the economy as a whole. The examination spanned over 32 countries grouped according to their respective development status. With South Africa‘s significant increase in the annual change in construction output between 2004 and 2008, amid developments of the FIFA world cup, confirmed the relation between construction investment and economic growth. The contribution of the construction industry to GDP for developed countries all follow the same trend of having high contributions in the beginning of development declining as less and less new infrastructure is required by the country. The contribution of construction averaged at 6 per cent for the entire duration of analysis between 1970 and 2011. Compared to international standards, South Africa‘s contribution of construction to GDP is determined to be very low at 3 per cent for the duration 1963 and 2011. Further, the construction industry has displayed characteristics of instability for South Africa when compared to developed countries over the same period.

Thesis (M.M. (Finance & Investment)--University of the Witwatersrand, Faculty of Commerce, Law and Management, Wits Business School, 2016 / The issue of service delivery in South Africa has been one of the main priorities for the post-apartheid government since 1994. Local government, through municipalities, has been tasked with the provision of services to citizens. In order to achieve this, the municipalities need to invest in massive infrastructure, both to address the infrastructure backlog inherited from under-investment in previously black communities as well as infrastructure to support economic growth and development across the full breath of the Republic. Based on the revenues available from own sources and intergovernmental transfers, municipalities are unable to meet their constitutional mandate and this creates an area of participation for the private sector. Access to capital markets becomes an important source of funding that municipalities, in addition to borrowing from financial institutions such as banks, should aggressively pursue. This is an area that the metropolitan municipalities in particular, should prioritise as they are in a better position to exploit, than the smaller and less-resources local municipalities. Government can then focus on finding innovative ways of reining in the local municipalities, in as far as accessing capital markets. / DM2016

The Policy Unit of the Development Bank of Southern Africa (DBSA) has developed a number of strategic themes embracing many cross-cutting issues. The main thrust of the Unit’s work, however, focuses on the core mandate of the Bank - infrastructure. In order to provide for a coherent whole, rural infrastructure must fit into a broader policy framework. Globally, the goals set for the first two decades of the next millennium are to address poverty and achieve food security. The DBSA can contribute to South Africa’s position on these global themes by addressing the issue of rural infrastructure delivery, taking cognisance of the South African government’s Growth, Employment and Redistribution (GEAR) programme. This discussion document will specifically address the local economic development activities of farm production and rural livelihoods in order to achieve food security, address poverty and foster economic growth in the marginalised, infrastructure-deprived rural areas of the country. It is assumed that additional entrepreneurial economic opportunities will arise at village and town level as producers become nett surplus producers, eg in small grain milling, cottage industry, village markets, processing (value adding), etc. In contrast to urban development, where economic activity is assumed by investing in infrastructure, the DBSA will actively have to support the transformation of economic activity in the rural scenario. One of the past successes of the DBSA has been the introduction of the Farmer Support Programme (FSP). The FSP’s provision of services and support, based on the needs of existing smallholders, is embedded in participatory planning and action. Without local initiatives, rural infrastructure cannot be delivered effectively to bolster economic growth, create jobs and redistribute income. Most of the country’s poor live in rural areas, and without rural development there can be no GEAR. Life in these areas needs to be made liveable by encouraging entrepreneurial development, which includes facilitating agriculture, creating jobs and increasing rural income through appropriate government actions for improving the welfare of rural households. One of the ways in which national, provincial and local government could have a broad-based impact is by providing rural economic infrastructure and, to this end, local government, including regional and district councils, has been mandated to develop integrated development plans. These plans have to include economic development plans, and entrepreneurial development has been singled out as important in this regard. From this it follows that district councils and municipalities have a prime responsibility for developing entrepreneurs, including farmers in their rural constituency.

This study was conducted at Engcobo Local Municipality in the Eastern Cape Province to assess the role of municipal structures and systems in the implementation of small town revitalisation strategy. From onset, it highlights that numerous attempts to implement small town revitalisation have failed because of lack of institutional capacity. In addressing this problem, the study outlined the following objectives. To assess role played by municipal structures and systems on implementation of small town revitalisation. To identify institutional challenges experienced during implementation of small town revitalisation strategy. To propose alternative institutional measures that can lead to effective implementation of small town revitalisation. In achieving the study’s objectives; literature from both developed and developing countries was reviewed and it was learnt that institutional capacity is important for efficient implementation of the strategy. Systems theory was also reviewed so as to provide conceptual basis that underpins this study. Data was collected through primary methods and secondary sources. Research participants were chosen by random sampling from councillors, managers, business and traditional leaders. Research findings revealed that there were institutional problems which hinder implementation of the strategy such as lack of competent human resources, insufficient budget and shortages of machinery. Through analysis of findings, the research proposed that small town revitalisation strategy should be reformulated and role of municipal structures be clearly defined. Both councillors and officials should be capacitated. The study further recommended that local people and stakeholders should be involved in the conception and implementation of small town revitalisation strategy. Areas for further research were proposed at the end.

M.Tech. (Construction Management) / Sophiatown residence is one of the newly built residential accommodations in University of Johannesburg. The residence is currently the biggest residence in University of Johannesburg in terms of rooms and is a residential accommodation for only students of University of Johannesburg. The residence is a three storey building and has 416 room all single rooms and 416 students occupying it. This research work is post occupancy evaluation of an education building in Johannesburg. The study evaluates the building performance; the extent to which the students are satisfied with the indoor environmental quality and investigates the extent to which the University of Johannesburg newly constructed residence is satisfactory to its occupants (students). It also evaluates the indoor environmental quality elements that affect the student’s health and common illness that affect the student’s performance. The methodology used for this study was quantitative. A structured questionnaire with multiple choices, scaled, matrix-type and open ended question was used to conduct the interview and obtain data during the survey. Findings from the survey revealed that the building is not performing as intended because the occupants needed improvements in some area in the residence like; quality of natural light in there room, size of the study hall, quality of space provided in there study hall and others. The students were satisfied with the building although they need improvements in the study hall, toilet and bathroom, kitchen and TV room, internet services and others. However, students need little improvement in the quality of artificial light in their room, quality of natural light in their room, size of their study hall, and others. They also needed improvements in the size of their room, temperature in their room, noise level in the study hall (ability to have conversation without neighbors overhearing it), and others. Lastly, it was revealed that Fatigue (tiredness) is the most commonly experience illness while nausea is most frequently illness had and also affect the students’ performance. Based on the findings from the study, it is recommended that the institution evaluates the IEQ at specific intervals to ensure that occupants are happy at all times and also to empower the executive managers in such a way that they are able to choose the correct materials during the design stage to promote good indoor air quality. It is important that the managers attend workshops (trainings) so that they have a better understanding of good indoor air quality that will keep occupants satisfied with the performance of the building.

M.Tech. (Construction Management) / Focusing on the dilapidated state of public schools infrastructure in the Gauteng Province of South Africa, this study presents findings on the current state of public schools infrastructure, why public schools infrastructure is in a dilapidated state, various factors which contribute to the dilapidated state of public schools infrastructure, an overview of measures which have been undertaken to improve the state of public schools infrastructure and subsequently proposes a multi stakeholder framework for the maintenance of public schools infrastructure. To achieve the objectives of the study, a detailed literature review of Botswana, Nigeria, United States of America and South Africa were compiled on public schools infrastructure. A set of multiple questionnaires were designed to collect data from 34 public schools in Gauteng Province of South Africa. The field survey comprised of Department of Education Officials, maintenance contractors, school governing body members, school Teachers, school principals and community members. There are multiple factors which when they occur lead to the dilapidation of public schools infrastructure. The primary factors include that maintenance works are undertaken in a disjointed manner with no clear strategy, inadequate government intervention, no sense of ownership for the schools by learners, teachers, parents and community members, inadequate funds allocated to schools, vandalism, lack of maintenance, funds not allocated based on individual school needs, neglect, deferred maintenance and overcrowding. The study is restricted to the Gauteng Province of South Africa. The selection of Gauteng as a case study has been mainly influenced by accessibility to the researcher and its high rate of overcrowding in schools which is also accompanied by high public schools infrastructure backlog. The findings of the research will be taken as representative for the entire country.The study provides a detailed comprehension on the various factors which contribute to the dilapidated state of public schools infrastructure and further proposes a multi stakeholder framework for the proper maintenance of public schools infrastructure.The study provides an understanding of the various factors so as to enhance maintenance of existing public schools infrastructure and the capability of the government to build new schools or extend the existing schools to meet the demand.

This study examines Local Economic Development intervention strategies in relation to promoting infrastructural development with specific reference to roads as one of the vital interventions for alleviating poverty in the KSD Municipality. The study sought to evaluate the impact of the deteriorated condition of roads on the growth of economic activity and community development, the understanding of LED by both the Council and the officials, and also to evaluate LED approach on infrastructural development for poverty alleviation. The study reveals that the municipality does not understand the concept of LED as a result this has caused blockages and impediments in terms of implementing the program in the municipality. Though there are some successes achieved through the construction of the 2010 FIFA World Cup Stadium, there are key constraints related to shortages of funds, staff, skills and resources. The study has established that LED is not living up to expectations in the area, there seems to be confusion regarding its definition and application. Furthermore, there is a confusion regarding the purpose of LED whether it is purely about poverty alleviation or whether LED it is about encouraging economic growth. Ideally it should be about the combination of the two. LED clearly has a critical role to play in terms of considerations of poverty alleviation in terms of addressing development backlogs and promoting sustainable economic growth. In order to achieve this, there is a need to establish a permanent LED facilitation and support unit. The need to identify key intervention strategies, for example, the Expanded xii Public Works Program which aims at identifying labor-intensive and community construction methods. In order to achieve this the study details a number of key recommendations which are mentioned below: The need to properly define LED and its goals, also to align LED with business and market realities. There should be adequate and appropriate training of officials, adequate funding and ensuring accountability. Active encouragement of local leaders, local level forums and partnerships and close co-operation with beneficiaries should be encouraged. It is also vital to establish LED units and development agencies at local level to drive LED process. It is also important for the municipality to encourage economically viable projects which meet poverty and growth requirements and which can also encourage SMME development

M.Tech (Department of Accountancy, Faculty of Management Sciences), Vaal University of Technology. / The provision of infrastructure delivery programmes in Limpopo province is an important agent in the reduction of poverty, unemployment and strengthening of social capital. The infrastructure development programmes create opportunities for job creation through approaches such as maintenance of existing infrastructure in order to retain resources in the local areas. However, the provision of basic infrastructure still faces serious challenges, notwithstanding the fact that the PFMA and Treasury Regulations (issued by the National Treasury in terms of Section 76 of the PFMA) provide for control measures government has put in place for effective and efficient service delivery in general. The objective of this study was to scrutinise management of finances in the planning, implementation and monitoring of infrastructure programmes and further seek to propose measures to strengthen financial management controls in the implementation of infrastructure programmes to bolster service delivery in the Limpopo province. The literature reviewed indicated that successful implementation of infrastructure development in the province depends on skills and knowledge of the players and financial resources. This study used qualitative research methodology in examining the management of finances in the planning, implementation and monitoring of infrastructure programmes in the Limpopo provincial government. An open-ended questionnaire was used to collect data from the participants. The researcher utilised purposive selection method to obtain information from relevant participants who are directly involved in infrastructure management. The study revealed that Limpopo government departments do not utilise capital budgeting models to appropriately plan and fund infrastructure projects. There are challenges, including procurement processes, lack of appropriate skills to monitor and implement infrastructure projects and lack of standard operating procedures to encourage a culture of uniformity, responsibility and accountability in the processing of payments.

Thesis (MA)--Stellenbosch University, 2015. / ENGLISH ABSTRACT: Mega projects have fascinated human beings for as long as history can remember. The urge to build something bigger and better than has ever been done before has always been a driving force behind the human race’s relentless pursuit of technological advancement. It is in this vein that mega projects have evolved over time, as methods of construction improved, so did the scale on which people could attempt new projects. The Channel Tunnel between England and France, the Hoover Dam in America and the Millau Viaduct in the French countryside are some of the biggest examples of infrastructure projects in the world and these are all unequivocally, mega projects. Costing at least $ 250 million and incorporating major technological challenges, mega projects continue to inspire and motivate artists and engineers alike. This thesis seeks to expand people’s understanding of the analysis of these mega projects. Mega project analysis is a field that has struggled to differentiate itself ordinary project analysis. The Gauteng Freeway Improvement Project (GFIP) and the associated e-tolling mega project will be analysed in this thesis. The framework for analysis will be provided by the work of Flyvbjerg, Bruzelius and Rothengatter (2003), who seek to analyse mega project success or failure based on three key indicators of economic sustainability, environmental concerns and the effect of public support. This thesis will use the indicators of economic sustainability and the effect of public support to determine whether the Gauteng Freeway Improvement Project (GFIP) can be viewed as a failed mega project or not. After an in-depth study of the data and material available, this descriptive and explanatory study shows that the GFIP and associated e-tolling mega project is indeed a failed mega project. This is because it has failed the analysis in both categories of economic sustainability and the effect of public support. / AFRIKAANSE OPSOMMING: Megaprojekte het al eeue lank die mens gefasineer. Die neiging van die mens om iets groter en beter te maak as wat al ooit gemaak was het nog altyd baie dryfkrag verskaf vir die mens se strewe na tegnologiese verbetering. Dit is met hierdie idee in gedagte dat megaprojekte met tyd verander het, soos wat boumetodes verbeter het, so ook het die grootte van projekte verander wat mense kon aanpak. Die Channel Tonnel tussen Engeland en Frankryk, die Hoover Dam in Amerika en die Millau Brug in die Franse platteland is voorbeelde van die grootste infrastruktuur projekte ter wêreld en hierdie is al drie, sonder enige twyfel, megaprojekte. Teen ‘n koste van ten minste $ 250 miljoen en met grootskaalse tegnologiese uitdaging, hou megaprojekte aan om vir beide kunstenaars en ingenieurs te motiveer en uit te daag. Hierdie tesis poog om mense se kennis van die analise van megaprojekte te verbreed. Megaprojek analise is ‘n veld wat al jare lank sukkel om verskille te bewerkstellig tussen homself en gewone projek analise. Die “Gauteng Freeway Improvement Project” (GFIP) en die verwante e-toll megaprojek sal geanaliseer word in hierdie tesis. Die raamwerk vir analise sal deur Flyvbjerg, Bruzelius en Rothengatter (2003) verskaf word, waar die outeurs poog om megaprojekte se sukses of mislukking te bepaal gebaseer op die sleutel aanwysers van ekonomiese volhoubaarheid, omgewingskwessies en die effek van openbare ondersteuning. Hierdie tesis sal gebruik maak van die ekonomiese volhoubaarheid en openbare ondersteuning aanwysers om te bepaal of die GFIP beskou kan word as a mislukte megaprojek of nie. Na ‘n in-diepte study van die data en materiaal beskikbaar, sal hierdie beskrywende en verduidelikende studie wys dat die GFIP en verwante e-toll megaprojek inderdaad ‘n mislukte megaprojek is, as gevolg daarvan dat die GFIP megaprojek analise aandui dat die megaprojek misluk het in beide die ekonomiese volhoubaarheid en publieke ondersteunings aanwysers.