Cde President, Willie Madisha, Cde Zwelinzima Vavi, General Secretary and all COSATU national office-bearers, leadership of COSATU affiliates, leadership of the ANC present, Cde Jeremy Cronin and the SACP delegation, local and international guests, cde delegates. As the SACP we are deeply honoured by the invitation to come and address your congress. This occasion might go down in history as one of the most important congresses in the history of this Federation, this, the 8th Congress of the Congress of South African Trade Unions.

Thesis (Ph.D. (Administration)) -- University of Limpopo, 2015 / The thesis of this study is that food production systems for self-provisioning have historically constituted the backbone for survival and life-support in rural South Africa. Colonialism and apartheid capitalism bore harsh effects on the food production life support systems. However, these effects pale into insignificance compared to the present devastation of the food production systems associated with climate change. The contribution of rural South Africa towards climate change is at all scale negligible because poor people hold limited capacity to produce the deleterious gas emissions that allegedly causes global warming. However, the poor are disproportionately exposed to the adversarial effects of climate change and their food production systems have demonstrated beyond doubt that they cannot cope with stressors occasioned by climate change. Government policy and measures continue to be inadequate and inaccessible for rural households that produce for self-provisioning. The thesis further demonstrate that scientifically–based intervention measures adopted among rural poor in developing countries are viewed as alien and therefore not wholeheartedly adhered to by the users. The thesis points to this discrepancy to illustrate that the value systems among the rural population in South Africa describe changes in their food production in terms of climatic conditions that are, according to their belief systems, avoidable consequences of people’s conduct of life outside tradition, religion and so on. It engages a nascent argument relating to the failure of private and public scientifically-generated intervention measures within developing countries’ rurality, which is ironically exacerbated by the apparent inappropriateness and, often, destructiveness vi of the Green Revolution Technologies. As such interventions fail, the thesis points, they create skeletons of evidence, that appear to corroborate the traditionalist belief systems about the locus of causes of change in climatic conditions being extra-terrestrial as a consequence of people’s misconduct of life. The study investigates the effects of climate change on household food production systems in rural Makhado Local Municipality. 30 villages are used for this study in both households questionnaire survey, interview of the key informants and observation of different patterns of production process, geo-spatial features and current settlements patterns. The data analysis results reflect that different households within the municipality experiences variety of effects of climate change. Furthermore, the climatic conditions which consisted of enough reliable precipitation during food production stages have declined; rather in the post-1990 period, the area have been experiencing continuous heatwaves and drought which destroyed household’s crops and livestock. Using the normative and historical research designs the study found that the situation within villages has changed drastically because of climate change when comparing the conditions preand post-1990. The deliberate adoption of the historical design was crucial given that the thesis mission was to highlight the discrepancies in the so-called modern systems versus the traditionalist philosophies that continue to dominate the thinking and action rural populations in most developing countries. Equally, the historical design provides unquestionable possibility of applying appropriate research techniques to contextualize the research problem under investigation. Indeed, this manoeuvre has always been an important part and parcel of the research design and methodology because the thesis vii had to adopt a longitudinal research orientation through an appropriately designed data collection tool, specifically the questionnaire and interview schedule. From a philosophical perspective, the thesis demystifies the thinking that the so-called scientifically-generated interventions against climate change could resolve the attendant challenges, inclusive of food production. That is, it insinuates that appropriate research is needed for developing countries rurality in order to find intervention measures that are a product of the evolution of traditionalist value systems. Tacitly, the thesis challenges the statist and private sector habits of always parachuting the so-called scientifically generated solutions to climate change. / University of Limpopo Research Administration Department.

This study was motivated by low rates of economic growth and insufficient investment in infrastructure to balance infrastructure backlogs and growth that the South African economy has been facing in recent years. The main objective of the study is to examine the impact of disaggregated government investment and consumption spending on economic growth in South Africa using the Auto-Regressive Distributed Lag (ARDL) technique and Error Correction Model (ECM). Annual time series data spanning the period 1983– 2017 was employed. Earlier studies conducted in South Africa measured the impact of aggregated government expenditure on economic growth using different methodologies, including estimating procedures, model specifications and time frames. To the best of our knowledge, this paper is the first to study the effect of disaggregated government investment spending on the South African economy. This study, therefore, examines the disaggregated government spending on education, health, defence and social protection along with other control variables. The ARDL cointegration test result indicates the existence of a long-run relationship between the variables. The estimated ECM model reveals that the short-run impact of each explanatory variable is significant in explaining changes in economic growth in South Africa. These results will enable the spheres of government to formulate and adjust economic development policies that will produce the needed economic growth in line with the radical economic transformation programme in South Africa. / Economics / M. Com. (Economics)

A research report submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, Johannesburg, in partial fulfilment of the requirements for the degree of Master of Science in Engineering, 2016 / The purpose of this research is to identify and outline the sustainable funding models for BEE transactions in the South African mining industry. It is proposed that from the early 2000s to 2014 the sustainability of BEE funding models was driven by regulatory pressure. In the absence of regulatory pressure, there would be a need to develop alternative funding models. The study uses a quantitative research methodology by examining the frequency of use of various funding models, the impact of regulatory interventions and use of various funding sources on the sustainability of funding models, regression analysis and significance testing. The research results show that the percentage of third party finance in funding structures has a negative correlation with the success of BEE transactions. Vendor finance shows a positive correlation with the sustainability of transactions, more so above 60% in the funding structures. Equity finance has a positive impact on the success of transactions from as low as 20% in the funding structures. An ideal funding structure would consist of the following funding sources:  Third party: Vendor: Equity = 40%: 20%: 40%, in the case of a BEE company that has equity available and  Third party: Vendor = <40%: > 60%, where no equity is available to BEE entrepreneurs. In the absence of BEE laws third party finance will dominate funding of empowerment transactions. Funding models based on third party finance must rely more on cash flow based payments rather than dividend payments to service debt.

Financial liberalisation, through increasing investment as well as the average productivity of capital, should stimulate economic growth, or so the theory goes. Bank lending unfortunately suffers adverse selection and moral hazard effects, to which the establishment and expansion of stock markets has been offered as a remedy. However, research from developing country stock markets have shown that in many cases these markets did not complement the effects of credit market liberalisation but in rather important aspects subverted them. Countries that implemented credit market liberalisation and raised real interest rates only increased the price of debt capital rather than all capital. This caused a share price boom in many of them. When the price of equity capital fell it seriously undermined and indeed allowed large private corporations to skip altogether the main channel of high interest rates through which the theoretical McKinnon-Shaw effects were to operate. This study asks the research question of what effect the expansion of the South African stock exchange has had for its economic development. It makes use of a general empirical model to explain the relationship between financial development and real output. The model comprises indicators for growth, banking system development, stock market volatility; and, stock market development through a conglomerate index that accounts for market size, liquidity and integration with world capital markets. Quarterly data from 1989 to 2001 is analysed based on the null hypothesis that, as far as financial architecture is concerned, the development of the JSE Securities Exchange has stimulated the country's economic growth. This study found a negative and statistically significant relation between stock market development and economic growth. It suggests that while the JSE Securities Exchange is a relatively large stock market it is the presence of thin trading that prevents the proposed benefits of market development from accruing to the economy. Thus the hypothesis is rejected. However, since the only stable cointegrating vector is between growth and banking sector development, it recommends that by expanding their universal banking functions, the present banking structure, though oligopolistic, may be better suited to act as a catalyst for growth. / Business Management / D. Comm.

Financial liberalisation, through increasing investment as well as the average productivity of capital, should stimulate economic growth, or so the theory goes. Bank lending unfortunately suffers adverse selection and moral hazard effects, to which the establishment and expansion of stock markets has been offered as a remedy. However, research from developing country stock markets have shown that in many cases these markets did not complement the effects of credit market liberalisation but in rather important aspects subverted them. Countries that implemented credit market liberalisation and raised real interest rates only increased the price of debt capital rather than all capital. This caused a share price boom in many of them. When the price of equity capital fell it seriously undermined and indeed allowed large private corporations to skip altogether the main channel of high interest rates through which the theoretical McKinnon-Shaw effects were to operate. This study asks the research question of what effect the expansion of the South African stock exchange has had for its economic development. It makes use of a general empirical model to explain the relationship between financial development and real output. The model comprises indicators for growth, banking system development, stock market volatility; and, stock market development through a conglomerate index that accounts for market size, liquidity and integration with world capital markets. Quarterly data from 1989 to 2001 is analysed based on the null hypothesis that, as far as financial architecture is concerned, the development of the JSE Securities Exchange has stimulated the country's economic growth. This study found a negative and statistically significant relation between stock market development and economic growth. It suggests that while the JSE Securities Exchange is a relatively large stock market it is the presence of thin trading that prevents the proposed benefits of market development from accruing to the economy. Thus the hypothesis is rejected. However, since the only stable cointegrating vector is between growth and banking sector development, it recommends that by expanding their universal banking functions, the present banking structure, though oligopolistic, may be better suited to act as a catalyst for growth. / Business Management / D. Comm.

MA (Political Science) / Department of Development Studies / The 21st century has witnessed intensified ties between China and South Africa both bilaterally and multilaterally under BRICS. South Africa-China relations have been amplified by the quest to strengthen South-South cooperation as opposed to depending on the West for everything. In this research the focus is on examining the political and economic relations between South Africa and China. The sustainability of the China-South Africa engagement in the areas of economy and politics will be examined. Since South Africa is the weaker partner economically in her relationship with China, will the relationship leave South Africa disadvantaged or will the South African economy benefit from the bilateral relations? On the political level, China’s policy on Tibet and the One-China policy may have a bearing on South Africa’s image in the world. The research is designed to explore the political and economic dimensions of the relationship. The study derives insights from the interdependence theory which argues that we live in a world of interdependence which has altered the concept of power which is at the heart of the realist theory. Interdependence is also defined as mutual dependence among nations and reciprocal effects among states. The study utilizes a qualitative approach where desk research involving primary and secondary sources are used. Fundamentally the study argues that the relationship is mutually beneficial albeit unequal. China is a major power with the second largest economy in the world and South Africa is a regional power with a stagnating economy. China needs South Africa in her Africa strategy due to the fact that South Africa boasts the largest and most advanced economy on the African continent and this makes the country a convenient doorway into Africa. South Africa on the other hand needs Chinese Foreign Direct Investment and trade to speed up growth and grow the black middle class which was disadvantaged during the apartheid years. In 2015 the two countries signed 26 agreements worth 94 billion rand when the Chinese President Xi Jinping paid an official visit to South Africa which will be mutually beneficial to both parties.

History / M.A. (History)

Tourism is one of the largest industries in the world. Since the 1980s the role of tourism as a means of achieving the objectives of economic development has received prominence within the sustainable development paradigm. This dissertation examines the role of international tourism in achieving the objectives of economic development in terms of its impact on key social and economic variables, such as the balance of payments, inflation, employment and the social fabric of host communities. It also examines the constraints facing international tourism, such as the effect of perceptions on tourism flows and the powerful position of multinationals in influencing the tourist decision-making process. The success of the international tourism industry in selected countries is assessed and the relative position of the South African tourist offering is highlighted in an attempt to draw lessons for the future development of the industry in South Africa. / Economics / M. A. (Economics)

Local authorities in South Africa need to compile and implement local economic development plans. These plans are not only required by law as a component of integrated development plans, but also emanate from the pressing needs of many communities for development, job creation, and greater welfare and prosperity. A review of the historical and theoretical background reveals changing approaches and different theories to defend the actions taken. A critique of typical strategies and processes reveals that no one strategy or process can be universally applied, but that these should be adapted to the community's unique circumstances. Shortcomings and appropriate applications are indicated. The management plan presents a process to enable local authorities in partnership with the community to compile a plan for locally generated and directed development. This plan can, but need not, be a component of an integrated development plan and is thus compatible with integrated development planning and the formulation of local development objectives. The plan draws on a number of planning methodologies including urban planning, city marketing, strategic planning and neuro-linguistic programming approaches. Techniques from these and community development methodologies are included to guide the community through the process of creating a vision, analysis, goal setting, plan and strategy formulation, implementation and review. This management plan is designed as a generic process that can be applied to a variety of circumstances. The flexible nature of the process permits innovation and adaptations to local needs and other fields of planning. It also provides scope for further research on theories, methodologies and techniques. / Geography / D.Phil. (Geography)