Bank capital has a critical role in banking business the world over. Capital is a principal aspect of regulation and will determine how long a bank remains in business from a regulatory point of view. Its cost and the regulatory amount have an impact on the competitiveness of an institution and will influence the rate of expansion of a bank. The contribution of capital to the profitability and survival of a commercial bank remain an unresolved empirical issue. Prior research on the relationship between capital and profitability has largely focused on developed economies, especially the USA, and Europe. However, the results have been inconclusive. There is no evidence of such kind of a research done to date that focuses on an emerging economy such as South Africa. The seemingly conflicting finding coupled with regulations imposing equity capital adequacy from the Basel 11 Accord present an opportune platform for further research on the relationship between capital and profitability. Using South Africa as a unit of analysis and using the Generalised Methods of Moments (GMM), and Panel Two Stage Least Squares (2SLS) or Pooled IV method as the estimation techniques, this study tested the hypothesis that there is a positive and statistically significant relationship between bank capital and profitability. The results from the study provide evidence of a positive relationship between capital ratio (CAR), return on equity (ROE) and return on assets (ROA) and supported the generally held notion that there is a positive relationship between bank capital and profitability. This research output provided new insights into the long-run impact of bank capital on profitability and survival. From a bank specific strategic decision-making perspective, this would assist financial institutions and investors in tailoring investment decisions in response to policy decisions that relate to bank capital. From the public policy perspective, this would assist both governments and regulators in formulating better- informed policy decisions regarding the importance of bank capital. / Business Management / D. Com. (Business Management)

For more than three decades, the World Economic Forum’s annual Global Competitiveness Reports have studied and benchmarked the many factors underpinning national competitiveness. The quality of higher education and training is considered particularly crucial to ensure national competitiveness. The globalizing economy requires countries to nurture pools of well-educated workers who are able to perform complex tasks and adapt rapidly to their changing environment and the evolving needs of the economy. Vocational and continuous on-the-job training and the constant upgrading of workers’ skills is critical to sustain the economical status of the country. Despite the acknowledgement that education, training and development (ETD) is a key driver for a country's economical sustainability and growth, the contributions that companies make to this effect are a concern. This is ascribed to the difficulties experienced in companies regarding the management of ETD. In this study it is postulated that communication problems are at the heart of the challenges which are experienced in managing ETD. Strategic conversation is proposed as one of the methods to address the communication and performance shortcomings experienced by business and ETD managers. It is argued that if the level of conversations is raised to make them strategic, the potential to optimise results and make an impact at organisational and national level is increased. Hence, the purpose of this study was to propose a Strategic ETD Conversation (SETDC) model to optimise Return on Occupational Training Expectations (ROTE) that would contribute towards the achievement of organisational and national strategic goals. In lieu of the limited empirical research available on the strategic conversation phenomenon in general, the purpose of this study was inter alia to conduct empirical research to explore the essence of strategic ETD conversations in order to propose a model of practical value to ETD managers. Hence, the empirical research was situated in both an explorative paradigm and a pragmatic paradigm with the aim to provide practical solutions and an instrument to successfully engage in strategic ETD conversations which would enhance the quality of ETD and thus contribute to global competitiveness. / Educational Leadership and Management / D. Ed. (Education Management)

Thesis (MScAgric)--Stellenbosch University, 1999. / ENGLISH ABSTRACT: The purpose of the study is to determine the rate of return to cover crop research in the wine industry. The method followed will prove an invaluable contribution toward the need to determine a suitable approach for evaluation studies. The importance behind such a study is the development of appropriate ex ante evaluation approaches, which will assist in the allocation of public research resources in both a social and economical manner. The wine industry is currently enjoying healthy international demand, but will need to remain competitive to reap the full benefit of international exposure. The need therefore exists for a continuation of research at the institutional level, in order to maintain the progressive nature of research knowledge that was available in the past. The evaluation of ex post and ex ante research will assist in maintaining government funding for research and help with campaigning for private investment of research in the wine industry. The use of two evaluation approaches was used for the analysis. Firstly, the production function approach achieved a rate of return of 44 percent, using weather and research expenditure as a means to explain the variations in wine grape yield. Secondly, a cost benefit approach was devised in order to make a direct comparison between the cost and benefits related to the cover crop research. The rate of return achieved for this mode of analysis is 37 percent, using trial plot data as a source of information on potential benefits. In addition to this the cost benefit approach was used to show the difference in rate of return that is achievable between two growing regions. The variable that exists between the two regions, is the higher rate of irrigation in one of the regions. The high rate of return achieved for the investment, provides suitable motivation for the increase in state funding for research in the wine industry, and provides valuable information for the enticement of support by private investors. The two methods used in the study will both draw a certain amount of criticism, largely as a result of the lack of available data. The empirical nature of the approaches is however simple and applicable down to the project level. / AFRIKAANSE OPSOMMING: Die doel van hierdie studie is om die opbrengs op navorsing oor dekgewasse in die Suid- Afrikaanse wynbedryf te bepaal. Hierbenewens het die studie dit ook ten doel om gepaste metodieke vir die evaluering van navorsingsprojekte daar te stel. In hierdie opsig maak hierdie studie ' n bydrae tot besluitneming oor die allokering van openbare fondse vir landbounavorsing op 'n ekonomies en sosiale optimale wyse. Die Suid- Afrikaanse wynbedryf beleef tans ' n bloeifase, hoofsaaklik as gevolg van sterk internasionale vraag na sy produkte, maar salop sy internasionale mededingendheid moet let indien die volle voordele hiervan benut kan word. Daarom is dit noodsaaklik dat die bedryf op tegnologiese gebied moet kan meeding, en dus dat navorsingsbesteding nie onoordeelkundig ingekort word rue. Inligting oor die opbrengs op navorsingsbesteding is dus noodsaaklik om die volgehoue betrokkenheid van die staat te kan regverdig, hetsy as finansier of as katalisator vir privaatsektor betrokkenheid. In hierdie studie is die opbrengs op navorsing gemeet deur beide die bekende produksiefunksie benadering sowel as deur koste-voordeel ontleding. In die eerste geval is 'n opbrengskoers van 44% gemeet, en in die tweede geval is dit 37%. By die kostevoordeel ontleding is ook 'n verdere onderskeid gemaak tussen twee wynbou-streke om die invloed van meer besproeiing te bepaal. Ten spyte van dataprobleme, veral wat betref die koste van navorsing, kan beweer word dat die inligting so verkry van nut sal wees vir besluitnemers by die toekenning van skaars navorsingsfondse, asook by bedinging om privaatsektor fondse.

Abstracts in English, Afrikaans and Sepedi / Small businesses flourish when employees are happy, healthy and productive. This makes employees an important asset of a small business because its success depends on the performance of its employees. Employee wellness practices in small medium and micro enterprises (SMMEs) often focus on the physical aspects of wellbeing, despite employees wanting management to focus on their emotional needs. In view of the fact that employers do not realise that employee wellness significantly improves morale and increases retention rates, this research sought to explore the employee wellness experiences of managers and employees in SMMEs to develop an understanding of the need for employee wellness practices in these organisations. Accordingly, a qualitative study was conducted among 17 employees and four managers at three diverse industries operating in the Gauteng region of South Africa. The data were collected by means of focus groups interviews with employees and individual interviews with managers who work in SMMEs that employ less than 50 employees. The results indicated that employees consider employee wellness in terms of how well organisations treat them and take care of them. The findings demonstrated that employees depend on good working relationships to be happy and engaged in the workplace. Although management cited various financial and human resource constraints that limit employee wellness practices, the employees identified various activities and practices that were not dependent on financial resources for implementation. The results also showed there was insufficient evidence to support the notion that there is a link between unhealthy workplace conditions and higher absenteeism and staff turnover rates. The findings highlighted that employees need social interaction in order to feel valued and cared for and that this factor often outweighs the negative feelings employees have of working in unhealthy environments. Thus, employees were willing to work in unhealthy conditions as long as they felt valued by top management. The findings of the study contribute to the knowledge in the literature on employee wellness practices in SMMEs because limited studies have been conducted to demonstrate the impact of workplace conditions on employee wellness. / Klein ondernemings floreer wanneer werknemers gelukkig, gesond en produktief is. Dit maak werknemers ’n belangrike bate vir ’n klein onderneming, want die onderneming se sukses hang af van die werknemers se prestasie. Werknemerwelstandpraktyke in klein-, medium- en mikro-ondernemings (KMMO’s) fokus dikwels op die fisieke aspekte van welstand, ten spyte daarvan dat werknemers wil hê bestuur moet op hul emosionele behoeftes fokus. In die lig daarvan dat werkgewers nie besef dat werknemerwelstand moraal en behoudsyfers aansienlik verbeter nie, het hierdie navorsing gepoog om die werknemerwelstand-ondervindinge van bestuurders en werknemers in KMMO’s te ondersoek om ‘n begrip van die behoefte aan werknemerwelstand-praktyke in hierdie ondernemings te ontwikkel. Ooreenkomstig hiermee is ‘n kwalitatiewe studie onderneem onder 17 werknemers en vier bestuurders by drie diverse industrieë wat in die Gauteng-omgewing in Suid-Afrika sake doen. Die data is versamel deur middel van fokusgroeponderhoude met werknemers en individuele onderhoude met bestuurders wat by KMMO’s met minder as 50 werknemers werk. Die bevindinge toon dat werknemers werknemerwelstand beoordeel volgens hoe goed organisasies hulle behandel en na hulle omsien. Die bevindinge het uitgewys dat werknemers staatmaak op goeie werksverhoudings om gelukkig en betrokke te wees in die werkplek. Hoewel bestuur verskeie finansiële en menslike hulpbron-beperkings uitgewys het wat werknemerwelstandpraktyke beperk, het die werknemers verskeie aktiwiteite en praktyke geïdentifiseer wat onafhanklik van finansiële hulpbronne geïmplementeer kan word. Die studie het ook bevind dat daar nie genoegsame bewyse is om die idee te staaf dat daar ‘n verband is tussen ongesonde werkplekomstandighede en ‘n hoër afwesigheidsyfer en personeelomset nie. Die bevindinge lig dit uit dat werknemers sosiale interaksie nodig het om gewaardeerd en na omgesien te voel en dat hierdie faktor dikwels swaarder weeg as die negatiewe gevoelens wat werknemers in ‘n ongesonde werkomgewing ervaar. Werknemers is dus bereid om in ongesonde omstandighede te werk solank hulle gewaardeerd voel deur topbestuur. Die bevindinge van die studie dra by tot die kennis in die literatuur oor werknemerwelstandpraktyke in KMMO’s aangesien studies wat die impak van werkplekomstandighede op werknemerwelstand demonstreer tot dusver beperk is. / Dikgwebo tse nyane di tswella ka bokgabane ha basebetsi ba thabile, ba phetse hantle ebile ba sebelletsa ho beha ditholoana. Sena se etsa hore basebetsi e be bona ba bohlokwa haholo dikgwebong tse nyane hobane katleho ya dikgwebo tsena e dutse mahetleng a bokgabane ba basebetsi. Bophelo bo hantle ba basebetsi dikgwebong tse nyane le tse kgolwanyane (SMMEs) hangata bo tobane le bokgoni ba basebetsi ho tswellisa pele mosebetsi o behang ditholoana, empa basebetsi le bona ba batla hore ba nahanelwe ke bo ramesebetsi ka ditlhoko tsa bona tse ba amang moyeng. Bo nnete ba taba ke hore bo ramosebetsi ha ba elellwe hore bophelo bo hantle ba basebetsi bo bohlokwa hobane bo nyolla boitshwaro bo botle ba basebetsi, ebile ba dula dilemo mesebetsing ya bona. Dipatlisiso tsa pampiri ena di tlo sheba bophelo bo botle ba basebetsi ka ho lekola batshwari ba basebetsi le basebetsi mmoho dikgwebong tse nyane (SMMEs) hore bo ka tsela e jwang le ho re thusa ho utlwisisa bohlokwa ba bophelo bo hantle mesebetsing ka ho fapana. Ho fumana dintlha tsa dipatlisiso, ho kopuwe basebetsi ba leshome le metso e supileng (17) le batshwari ba basebetsi ba bane (4) mesebetsing e fapaneng Gauteng, Afrika Borwa. Ho bile le di hlopha tse fapaneng tse botsuweng dipotso hore ho tholahale dintlha ka taba ya bophelo bo hantle ba basebetsi, mme batshwari ba basebetsi ba botsuwe dipotso ka bonngwe ba bona. Dikgwebo tse nyane (SMMEs) tse nkileng phato di na le basebetsi ba ka tlase ho mashome a mahlano (50). Sephetho sa ditlatlobo tsa dipotso tse botsuweng basebetsi se bontsha hore basebetsi ba nahana hore boitshwaro bo hantle ba basebetsi bo ya ka hore mesebetsing e fapananeng batho ba hlokometswe jwang. Basebetsi ba boletse hore dikamano pakeng tsa basebetsi mmoho tse thabisang di ba loketse mesebetsing. Le ha batshwari ba Page viii basebetsi le bo radikgwebo ba lla ka hore disebediswa le ditjhelete ha di lekane hore ba tswellise pele boitshwaro bo botle ba basebetsi, basebetsi ba buile ka dintlha tse bontshang hore boitshwaro bo botle ha bo hloke tjhelete ka dinako tsohle. Sephetho se ile sa bontsha hore ha hona bopaki bo lekaneng ho bontsha hore basebetsi ba lofa mesebetsing kapa hona ho se dule dilemo mesebetsing ka lebaka la hore poleke ya bona ya mosebetsi ha e kgahlise. Dipatlisiso di bontshitse hore basebetsi ba hloka dikamano le basebetsi ba bang, ha mmoho le bo ramesebetsi hore ba ikutlwe ba kgathallwa. Dikamano tsena di etsa hore basebetsi ba phuthollohe ha ba le mesebetsing ebile ba lebale ka dintho tse sa lokang mesebetsing ya bona. Ka hoo, basebetsi ba tsotella dikamano tse ntle pakeng tsa bona le bo ramesebetsi, le ha poleke ya mosebetsi e sa thabise ha kalo. Dipatlisiso tsa pampiri ena di tlatselletsa tsebo e teng ho dithuto tsa bophelo bo hantle ba basebetsi le di tsamaiso tsa tsona dikgwebong tse nyane (SMMEs) hobane ha dingata dipampiri tse ngotsweng ka sehlooho sena ho re ruta hore boitshwaro bo botle ho basebetsi bo ama mesebetsi e fapaneng ka tsela tse jwang. / Human Resource Management / M. Com. (Human Resource Management)

The study has empirically examined the relative impact of public and private investment on economic growth and has also tested the crowding in or crowding out effect of public investment on private investment in four Southern African economies – Malawi, South Africa, Zambia and Zimbabwe. The analysis used annual time-series data covering the period from 1970 to 2014. The study provides new evidence to contribute firstly to the current debate regarding the relative importance of public and private investment in economic growth processes and secondly, on whether public investment crowds in or crowds out private investment in the selected countries. For this purpose, the study employed two empirical models using the recently developed Autoregressive Distributed Lag (ARDL)-bounds testing approach to cointegration. Model 1 examines the relative impact of public and private investment on economic growth while Model 2 investigates the crowding in or crowding out effect of gross public investment and its subcomponents (infrastructural and non-infrastructural) on private investment. The results of Model 1 largely supported the private investment-led economic growth strategy. In all the study countries, private investment had a positive impact on economic growth. Also, public investment positively contributed to economic growth in Zimbabwe, but in the remaining study countries, public investment had a negative relationship with economic growth. Results from Model 2 reveal that: (i) the crowding out effect of gross public investment on private investment predominates in the study countries; (ii) infrastructural public investment crowds in private investment in South Africa and Zimbabwe in the long run while it crowds out private investment in Malawi and Zambia in the short run; and (iii) non-infrastructural public investment crowds out private investment in South Africa and Zambia. On balance, the results from Model 2 show that public investment tends to crowd out private investment in the selected countries and this further underscore the importance of the private sector-led economic growth processes in the study countries. / Economics / D. Phil. (Economics)