Dissertations / Theses on the topic 'Wildlife management – South Africa'
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Smallwood, Samuel. "Evaluating ecological monitoring systems on Mabula Game Reserve, Limpopo, South Africa." Pretoria : [s.n.], 2010. http://upetd.up.ac.za/thesis/available/etd-02162010-105501.
Full textCoetzer, Wentzel Christoffel. "Causal determinants of the public's attitudes towards hunting as a basis for strategies to improve the social legitimacy of hunting." Thesis, Nelson Mandela Metropolitan University, 2014. http://hdl.handle.net/10948/d1021164.
Full textTurner, Jason. "The impact of lion predation on the large ungulates of the Associated Private Nature Reserves, South Africa." Pretoria : [s.n.], 2005. http://upetd.up.ac.za/thesis/available/etd-07032007-141407.
Full textFerreira, Janene. "Trends in the game industry in the Eastern Cape." Thesis, Nelson Mandela Metropolitan University, 2016. http://hdl.handle.net/10948/5451.
Full textCoetzer, Wentzel Christoffel. "Attitudes towards hunting amongst the economically active public in Port Elizabeth." Thesis, Nelson Mandela Metropolitan University, 2010. http://hdl.handle.net/10948/1507.
Full textEllis, Amanda Morgan. "An assessment of density estimation methods for forest ungulates." Thesis, Rhodes University, 2004. http://hdl.handle.net/10962/d1007830.
Full textMoore, Samuel. "The "World's Biggest Zoo"? Elephants, Ecological Change, and the Contested Legacies of Conservation in the Kruger National Park." Thesis, University of Oregon, 2016. http://hdl.handle.net/1794/19696.
Full textVan, der Merwe Sarel Johannes. "The impact of pastoral farming and wildlife management practices on lion-livestock interactions in the Kgalagadi-South region of Botswana." Thesis, Bloemfontein : Central University of Technology, Free State, 2009. http://hdl.handle.net/11462/118.
Full textAll over the African continent south of the Sahara Desert, African lion numbers are plummeting to levels where, over large areas of their remaining distribution range, extinction has become a real threat. The main reason for the decreasing numbers is the increasing conflict between livestock farmers and lions. Lions are forced to kill livestock where their natural prey has been squeezed out by livestock and associated farming practices, and the farmers find it necessary to protect their livelihoods, often through the indiscriminate killing of lions. In the Kgalagadi-South region of Botswana, lion/livestock interactions present a challenge to livestock owners and wildlife managers alike. The relatively low ecological carrying capacity and occupied lion habitats in the Kgalagadi Transfrontier Park (KTP) force some expelled young adult and sub-adult lions southwards into the adjoining Wildlife Management Area (WMA) KD/15, which separates the KTP and the communal grazing area. This WMA most likely also contains resident prides. Some of these predators sporadically enter the livestock grazing area. Similarly, large stock often enters the WMA. It is mostly these boundary transgressions that result in livestock killing, and the reaction of livestock owners often leads to the killing of lions. To gather information concerning the nature and extent of the situation, two questionnaires were prepared with the assistance of the Department of Biostatistics of the University of the Free State, South Africa. One questionnaire targeted livestock owners while the other was aimed at wildlife officials of the Department of Wildlife and National Parks in Botswana and SANParks in South Africa. Both covered the five-year period 2002-2006. A trial run was carried out to adjust to problem-specific circumstances before fieldwork commenced. Fieldwork was done during four consecutive seasons – in January, February, April and December 2007. Thirty livestock respondents and 13 wildlife officials were interviewed during the first two excursions into the study area. The third visit was to plot the cut-line between the WMA and the grazing area (by means of a Global Positioning System or GPS) and to make first-hand observations regarding movement over the cut-line. During all four visits the environmental (including grazing) conditions and density and distribution of wildlife and stock were observed in both the WMA and the grazing areas. The information gathered points towards a seemingly unsolvable situation. The exceptionally high daytime temperatures and food scarcity, brought about by erratic rainfall, overgrazing near boreholes, generally low carrying capacity and low phosphorus (P) levels, force large stock, i.e. cattle, horses, donkeys and mules, to graze far away from the safety of the cattle-posts during the cool hours of the night, thus making kraaling impractical. Such circumstances enhance exposure to lion predation especially in or near the WMA and the KTP fence. Some lions also penetrate deep into the grazing areas, especially in the arid western part of the study area. This study revealed certain weaknesses in current wildlife and livestock management practices in the study area, the sum of which put both farmers and the lion population under extreme pressure. Most of these shortcomings can be rectified without drastic invasive methods. Such adjustments can result in improved livestock and wildlife utilisation and protection of the lions. For example: the placement of mixed phosphorus and salt licks near cattle-posts to fulfil the need for vital micro and macro elements; addressing unnecessary livestock losses, which contribute to a lower income and less tolerance towards predation (e.g. botulism, which may stem from stock chewing on bones in their desire for more phosphorus, and losses to black-backed jackal, Canis mesomelas, in poorly maintained kraals); more drinking troughs at boreholes to prevent unnecessary shoving and minimise energy waste; and the introduction of more bulls to herds to increase the calving percentage. The study further concluded that there is little reason why stockowners should consider protecting lions. It suggests that significant value can be added to the wildlife (and the protection of lions) in the specific area by making farmers and other local residents share in the relatively untapped ecotourism potential of the area.
O'Brien, John William. "The ecology and management of the large carnivore guild on Shamwari Game Reserve, Eastern Cape." Thesis, Rhodes University, 2013. http://hdl.handle.net/10962/d1002604.
Full textDube, Thabiso B. "An analysis of alternative funding strategies for protected area management : a case study of Ezemvelo KZN Wildlife." Thesis, Stellenbosch : Stellenbosch University, 2011. http://hdl.handle.net/10019.1/18194.
Full textThe proper management of protected areas is important for biodiversity conservation and continued flow of ecosystem services such as the building up of soil resources and the provision of clean water. Protected areas provide a means of livelihood for communities on the peripheries of these protected areas through conservation based development projects and create an opportunity for people to learn about the environment and wildlife. Protected areas are areas of land and/or sea especially dedicated to the protection and maintenance of biological diversity, and natural and associated cultural resources, and management through legal or other means (International Union for the Conservation of Nature (IUCN), 1994). These are special places around the world that are managed for conservation purposes. Darey, (1998), recommends that protected areas should be planned and managed as a system, a shift from the previous mindset in which they were considered as separate entities. The role played by protected areas is vital and is recognized in most countries including 177 countries who are signatories to the Convention of Biological Diversity (CBD). The CBD caters for cooperation amongst its members by providing support for the financing of protected area systems. There exists, therefore a global mandate for and a specific responsibility to ensure that protected areas are adequately financed. Ezemvelo KZN Wildlife is a statutory nature conservation body mandated with the protection of natural resources and management of biodiversity in the province of KwaZulu-Natal (KZN). Biodiversity conservation needs to happen both inside and outside of state-controlled protected areas to create conservation corridors and buffer zones and also to prevent the environmental degradation taking place as a result of human population growth, habitat destruction, and unsustainable development. (Department of Environmental Affairs and Tourism, 2005). The challenge facing Ezemvelo KZN Wildlife in carrying out this mandate is the lack of adequate financial resources. The subsidy received is not sufficient to cover all the conservation initiatives that the entity would like to undertake and so the exploration of alternative financing initiatives is required. The aim of this paper is to explore and discuss alternative funding strategies that can be used by Ezemvelo KZN Wildlife to supplement the subsidy received from government. These strategies will form a blueprint that protected area managers can use to source sustainable alternative funding that is reliable and environmentally friendly. This study was conducted at Ezemvelo KZN Wildlife’s head office, based at Queen Elizabeth Park in Pietermaritzburg. The research included input from the organization’s Hospitality Managers and Conservation Managers spread throughout the Province. A questionnaire was designed and circulated to draw responses from Executives and relevant Managers. Interviews to ascertain the organizations sources of funding and future sources were carried out. Ezemvelo KZN Wildlife official documents such as annual reports, strategic documents and project plans were reviewed and interpreted. The report showed that 90percent of the organizations funding comes from government or state affiliated organizations. These sources are neither sufficient nor reliable. Ezemvelo KZN Wildlife cannot plan adequately before establishing the annual subsidy it will receive from government – its primary funder (Ezemvelo KZN Wildlife, 2008). The research also showed that there are numerous strategies that the organization can implement to supplement its subsidy. These include the widespread implementation of Payment for Ecosystem Services (PES) strategies and revenue maximization through improved customer service. Ezemvelo KZN Wildlife has a great potential to generate sufficient funds through its commercial services such as camping, accommodation, gates and boating services to name but a few. The challenge however is to develop an operational strategy that will be devoid of bureaucracy and promote business best practices and the formation of partnerships with the private sector and the communities in the form of Public Private Partnerships (PPP’s) and co-management agreements respectively.
Reilly, Brian Kevin. "The statistics of helicopter total counts of large ungulates in sourish mixed bushveld, northwest arid bushveld and mopane veld, Republic of South Africa." Thesis, Stellenbosch : Stellenbosch University, 2000. http://hdl.handle.net/10019.1/52027.
Full textENGLISH ABSTRACT: The use of helicopters has become almost universally accepted as the method of choice in the enumeration of large ungulates in Southern Africa. In most cases decisions affecting management of these populations are made based on a single count result. In all these instances the within technique variance is ignored, often leading to decisions based on type I or type II statistical errors where the within technique variance is misconstrued as the population change. Many studies have investigated the issue of accuracy of counting methods and a few have quoted precision values for various methods. Very few have, however, investigated power and those extant have approached the problem from a prospective point of view and predicted power values. This study has made use of replicated counts from 12 sites of the original 23 in four vegetation types of the then Transvaal Province. The study sites vary in terms of size and all counts were undertaken with an experienced, trained team in which only four observers were used. A comprehensive post hoc analysis of the results of the field surveys shows precision and power to vary widely according to species and vegetation type and concludes that gamecounting results are largely site specific. A decline in observations during the course of four hours of survey is demonstrated and although the exact cause cannot be determined, correction factors have been constructed for two vegetation types. Observers are shown to differ from one another in observation profile during the course of surveys. This study demonstrates, describes and quantifies the existence of several phenomena suspected to exist by experienced game counters, biologists and wildlife managers and makes proposals in terms of improving the data returned from expensive aerial surveys.
AFRIKAANSE OPSOMMING: In Suider-Afrika word die gebruik van 'n helikopter vir die tel van hoefdiere byna algemeen aanvaar as die metode wat voorkeur geniet. In meeste gevalle word besluitnemings rakende die bestuur van hierdie populasies gebaseer op die resultate van 'n enkele telling. In al die gevalle word tegniekverwante afwykings buite rekening gelaat en dit het die gevolg dat bestuursbesluite gebaseer word op tipe I en tipe II statistiese foute, en dit lei weer op hulle beurt dat tegniekverwante afwykings verkeerdelik geïnterpreteer word as die rede vir veranderings in die bevolkings. Verskeie studies het al die feitegeskil omtrent die akkuraatheid van telmetodes ondersoek en sommige het herhaalbaarheidswaardes vir die verskillende metodes aangehaal. Baie min het egter statistiese mag ondersoek en die wat dit wel gedoen het, het prospektiewe magsanalise as uitgangspunt gebruik en statistiese magwaardes voorspelom die probleem aan te spreek. Hierdie studie het gebruik gemaak van herhaalde tellings van 12 gebiede uit die oorspronklike 23 in vier veldtipes geleë in die ou Transvaal Provinsie. Die studiegebiede verskil in groottes. Alle tellings is deur 'n bekwaamde opgeleide span gedoen wat slegs vier waarnemers ingesluit het. 'n Omvattende post hoc analise van die resultate van die veldopnames dui aan dat herhaalbaarheid en statistiese mag baie varieer met betrekking tot spesies en veldtipes en word die gevolgtrekking gemaak dat wildtellingsresultate grootliks gebiedsgebonde is. In Afname in waarnemings gedurende die verloop van In vier uuropname, is waargeneem en alhoewel die ware oorsaak nie vasgestel kan word nie, is korreksiefaktore bereken vir twee veldtipes. Dit blyk dat waarnemers van mekaar verskil het met betrekking tot hul waarnemingsprofiele gedurende die verloop van die opnames. Hierdie studie dui aan, beskryf en kwantifiseer die bestaan van verskeie verskynsels wat vermoedelik bestaan het by ervare wildtelIers, bioloë en wildlewebestuurders en maak voorstelle met betrekking tot die verbetering van data wat tydens duur lugopnames ingesamel word.
Solomon, Mariaan. "The relative performance of surrogate measures for viable populations." Diss., Pretoria : [s.n.], 2000. http://upetd.up.ac.za/thesis/available/etd-12062006-130505/.
Full textBissett, Charlene. "The feeding and spatial ecologies of the large carnivore guild on Kwandwe Private Game Reserve." Thesis, Rhodes University, 2008. http://hdl.handle.net/10962/d1006195.
Full textVorster, Paul Hendrik. "The feeding and spatial ecology of cheetahs (Acinonyx jubatus) and lions (Panthera leo) in the Little Karoo, South Africa." Thesis, Rhodes University, 2012. http://hdl.handle.net/10962/d1005379.
Full textOtieno, Jackson Ongong'a. "Climate change and wildlife utilization on private land: evidence from wildlife ranching in South Africa." Doctoral thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/23413.
Full textAnderson, Hilary Jane. "An econometric analysis of the wildlife market in South Africa." Master's thesis, University of Cape Town, 2003. http://hdl.handle.net/11427/6220.
Full textSince there has been no comprehensive nationwide economic study on the expanding wildlife market in South Africa, the present study ventures into a relatively unexplored economic terrain in the hope that more studies will be stimulated in that direction. The study focuses, firstly, on presenting an economic overview of the current trends within the wildlife market of South Africa, attempting inter alia to demonstrate how the sustainable utilisation of wildlife can contribute to both conservation and the economy. Secondly, it is endeavoured to describe the demand for wildlife species at game auctions across South Africa, using a range of econometric modelling techniques.
Lipschutz, Maia Lynn. "Effects of drought and grazing on land bird populations in South Texas." Thesis, Texas A&M University - Kingsville, 2016. http://pqdtopen.proquest.com/#viewpdf?dispub=10129021.
Full textBreeding bird surveys were conducted on 7 properties belonging to 2 ranches in South Texas. Using these data I calculated temporal trends, and tested the effects of total May–April precipitation and cattle stocking rate on avian abundance. Trends were calculated for each ranch, the East Foundation and King Ranch, individually due to different range and wildlife management practices. Total avian abundance increased significantly on the 3 East Foundation properties between 2008 and 2015. During 39 breeding bird surveys, 16,441 individual birds of 88 species were recorded. Non-breeding bird surveys were also conducted on East Foundation properties, an increasing trend in total avian abundance was also calculated from these data. Total breeding bird abundance was stable on the 4 King Ranch properties between 2005 and 2013. A total of 19,162 individual birds of 87 species were recorded during 40 breeding bird surveys. The combined effect of livestock use and precipitation had a significant effect on total avian abundance on all King Ranch properties, and on the abundance of some individual species and groups.
O'Grady, Janis. "Developing an environmental education strategy framework: a case study of the Endangered Wildlife Trust (EWT)." Thesis, Rhodes University, 2005. http://hdl.handle.net/10962/d1003375.
Full textBaloi, Votumi Arone. "Community perceptions and attitudes towards integrated wildlife/livestock land-uses : the case of Greater-Giyani rural communities, Limpopo, Province." Thesis, University of Limpopo, 2016. http://hdl.handle.net/10386/1515.
Full textLivestock production in communal areas is faced by a myriad of challenges such as environmental degradation, poor markets, stock theft and disease. This has drawn interest towards wildlife-based land-use practices as an alternative or complement to livestock production. Wildlife-based land-uses have potential to generate incomes and create employment in wildlife rich areas. On the other hand, several problems such as human-wildlife conflict have been identified in wildlife rich areas. This study investigated perceptions of rural households in areas adjacent to the Kruger National Park (KNP) regarding integrated wildlife/livestock land-use practices. Data were collected from 130 households in nine villages alongside KNP in Giyani. Respondents were stratified into cattle owning households and non-cattle owning households, to determine differences in perception towards wildlife. Chi-square and Cramer`s V tests were used to test if there is an association and relationship between the households` opinion and cattle ownership. For empirical analysis, factor analysis and multinomial logistic regression models were run with SPSS. Attitudes and perceptions were analysed by the Likert-scale numbered from 1 to 4. High scores (i.e. 3 and 4) indicated negative attitudes and low scores (i.e. 1 and 2) indicated positive attitudes. The factor analysis managed to reduce the number of attitude variables fitted into the model from 29 to 9 factors (components), that were used in the multinomial logit model analysis. Results from the multinomial regression indicated that demographic factors such as age, gender, education, occupation, marital status, monthly income and cattle ownership had a significant impact in distinguishing between pairs of groups and the contribution which they make to change the odds of being in one dependent variable group rather than the other. Results from factor analysis (component variables or factors) also had a significant impact on the dependent variables when applied to multinomial logit regression. About 59% of the sampled households showed positive attitudes towards integrated wildlife-based land-use practices, and indicated willingness to participate in it. Those who had negative attitudes and were not likely to participate were 13%; and those who were uncertain on whether or not to participate were 28%. Looking at the results of the empirical analysis derived from regression analysis through multinomial logit, several factors were found to have influenced whether or not households were likely to participate in the integrated wildlife/livestock land-uses. Variables: damages caused by wild animals on crops and vegetables; giving land and stopping farming to allow for wildlife conservation; roles and opportunities of wildlife in the community; roles and opportunities of livestock in the community; age of household head; occupation of household head; gender of household head; cattle ownership; Access to market, income earned from sale of livestock, and state of grazing area, were found to be significant (at different significant levels 1%, 5% and 10%) in determining whether or not households were likely to participate in the integrated wildlife/livestock land-uses. However, variables: Government support and the number of people benefiting from livestock, Interest in wildlife protection, Relationship between wildlife, human and domestic animals and land ownership were found to be insignificant in determining whether or not households were likely to participate in the integrated wildlife/livestock land-uses. Most of the households showed interest in participating in wildlife-based land-uses irrespective of whether or not they own cattle. Some households indicated dislike of the proposed land-use practice, mainly those who practiced cattle and crop production, as they perceived wild animals as a high risk to their stock. However, this negative attitude can be managed if benefits to households and community are clearly defined and compensation for loses from wildlife are made a priority. Cooperation of all stakeholders (for example, community, government, conservationists and foreign donor’ agencies) is recommended for implementation of wildlife-based land-uses.
Cousins, Jenny Abigail. "Re-making conservation? : international conservation tourism and private wildlife ranching in South Africa." Thesis, University of Manchester, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.512206.
Full textBanasiak, Natalia Matgorzata. "Assessing the outcomes and consequences of large carnivore reintroductions to the Eastern Cape, South Africa." Thesis, Nelson Mandela Metropolitan University, 2017. http://hdl.handle.net/10948/11963.
Full textDerrocks, Velda Charmaine. "Risk management." Thesis, Nelson Mandela Metropolitan University, 2010. http://hdl.handle.net/10948/1480.
Full textRuth, Damian William. "Research, education and management in South Africa." Thesis, University of Sheffield, 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.311814.
Full textKoopman, Claudia. "Metropolitan management and planning in South Africa." Thesis, Stellenbosch : Stellenbosch University, 2000. http://hdl.handle.net/10019.1/51827.
Full textENGLISH ABSTRACT: The importance of and the need for metropolitan planning and government structures in the development of cities have become evident over the last century. Internationally, the approach to metro governance has evolved from informal metro management structures into, for example the more formalised two-tier or single tier systems of London and Toronto. The recent changes in these systems indicate that there is not one system that is universally accepted as the best. South Africa has not escaped the metropolitan development process and the resulting problems that went hand in hand with this. The first form of metropolitan planning in South Africa occurred in 1940, with the inception of the Joint Planning Committees. Later, in 1986 the institution of Regional Services Councils served as the first form of metropolitan governance. In 1995 the first democratic Local Government elections hailed the entry into democratic metropolitan government structures. With the proclamation of six new metropolitan areas South African metropolitan governments adopted the two-tier metropolitan system. Since 1995 South African local government structures have undergone major transformations. Proponents of the current two-tier system failed to anticipate the pressures of Central Government for change to the one tier, megacity or unicity model. Critics of the government's plans argued strongly for the retention of the current two-tier model and for minimal organisational change. The disruption that yet another transformation will cause, is one of the main objections. In the Cape Town and Durban Metropolitan Areas the consensus seems to be that the present two-tier system is working well and that it should be retained. In the case of Johannesburg Metropolitan Area many problems were encountered, especially the inability to redistribute local government income. The consensus there is that a unicity model will work better. Whether the unicity model is the answer to urban sustainability for all metropolitan areas of South Africa, is still a disputed fact.
AFRIKAANSE OPSOMMING: Die belangrikheid van en die behoefte aan metropolitaanse beplannings- en regeringstrukture in die ontwikkeling van stede het oor die afgelope eeu baie ooglopend geword. Die benaderings tot metropolitaanse bestuur in internasionale kringe het beweeg van die meer informele metropolitaanse bestuurstrukture na die meer formele een- of tweevlak stelsels van byvoorbeeld Londen Of Toronto. Die onlangse veranderinge in hierdie stelsels is 'n bewys dat daar nie een stelsel beataan wat universeel as die beste aanvaar word nie. Suid Afrika het nie die proses van metropolitaanse ontwikkeling en die gepaardgaande probleme daarvan vrygespring nie. Die eerste vorm van metropolitaanse beplanning in Suid Afrika was die instelling van die Gesamentlike Beplanningskomitees in 1940. Later in 1986 met die totstandkoming van streekdiensterade was daar vir die eerste keer sprake van 'n vorm van metropolitaanse regering. Met die eerste demokratiese verkiesing van plaaslike regeringsisteme in 1995 is ses tweevlak metropolitaanse egerings in suid Afrika ingestel. Sedert 1995 het plaaslike owerhede in Suid Afrika grootskaalse veranderinge ondergaan. Voorstanders van die huidige tweevlak stelsel het nie daarin geslaag om die druk van Nasionale Regering om te verander na 'n eenvlak, unistad of megastad sisteem, af te weer nie. Kritici van die regering se planne het hewige argumente aangebied vir die behoud van die huidige sisteem asook vir minimale organisatoriese veranderinge. Die hoof beswaar was die grootskaalse ontwrigting wat nog 'n transformasie proses sou meebring. In die Kaapse en Durbanse Metropolitaanse Gebiede is daar konsensus oor die werkbaarheid van die tweevlak stelsel en ook dat dit behoue moet bly. Johannesburg Metropolitaanse Area daarenteen het etlike probleme ondervind, veral met die verdeling van munisipale inkomste. Daar is konsensus dat' n unistad model waarskynlik beter sal werk. Of die unistad model die antwoord is op stedelike volhoubaarheid in alle metropolitaanse gebiede in Suid Afrika, is steeds 'n debatteerbare punt.
McLaren, Joseph Ignatius. "The interface between financial management and marketing management in South African businesses." Thesis, Nelson Mandela Metropolitan University, 2013. http://hdl.handle.net/10948/d1021111.
Full textKneece, Molly Rebecca. "Breeding and brood rearing ecology of Mottled Ducks in the Ashepoo, Combahee, and Edisto Rivers Basin, South Carolina." Thesis, Mississippi State University, 2016. http://pqdtopen.proquest.com/#viewpdf?dispub=10100314.
Full textMottled ducks (Anas fulvigula) are a non-migratory waterfowl species endemic to the western Gulf Coast, with a separate, genetically distinct subspecies (A. fulvigula fulvigula) occurring in peninsular Florida. Birds from Texas, Louisiana, and Florida were released in coastal South Carolina from 1975-1983, and banding data suggest an expanding population. I monitored 72 mottled duck nests and captured and radio-marked 196 pre-breeding and nesting females between 2010 and 2014 to study breeding ecology of these birds in the Ashepoo, Combahee, Edisto Rivers Basin. Nest success averaged 12% and varied with vegetation height and year. Indicated breeding pair surveys revealed breeding mottled ducks select managed wetland impoundments, predominately influenced by water depth. Future research should investigate ecology of nest predators of mottled ducks to devise successful habitat management strategies for breeding birds. Preliminary evidence suggests that managed wetland impoundments are important to breeding and brood rearing mottled ducks in coastal South Carolina.
Moalosi, Dhilah Reswelang. "Assessing privatisation in Africa : comparisons between South Africa and Zambia." Thesis, Stellenbosch : Stellenbosch University, 2004. http://hdl.handle.net/10019.1/70082.
Full textENGLISH ABSTRACT: The 1990s witnessed a substantial increase in privatization of SOEs in African countries. In some countries, like Zambia, privatization was greatly motivated by IFIs, through SAPs. However, for other countries like South Africa, the drive came from the desire to improve efficiency in the delivery of services and enhance economic growth. This study seeks to assess privatisation processes in Africa, with special reference to South Africa and Zambia. The motives for privatisation are discussed, as well as the role played by IFI in African privatisation programs. Privatisation in Zambia is regarded by many, including the World Bank as a success story. The government of Zambia, through the ZPA, has shown commitment towards privatisation and embarked on a rigorous privatisation programme which saw the transfer of 85 percent of the Zambia's economy to the private sector. In South Africa, privatisation's pace is slower than expected a nd there has been a shift of focus from pure privatisation to investment into efficiency of the state enterprises. There is no consensus from various stakeholders. The business criticises the government for the slow paced privatisation process, while organised labour, for fear of job losses, is putting resistance to the process. This study concludes by mapping a way forward for African countries. African countries should continue cautiously with the privatisation process. Proper regulatory framework should be established and issues like poverty reduction and long tern development should be addressed as well when drawing privatisation policies.
AFRIKAANSE OPSOMMING: Die 1990's getuig van 'n beduidende toename in die privatisering van ondernemings in staatsbesit (State-owned Enterprises - SOEs) in Afrikalande. In sommige lande, soos Zambië, is privatisering grootliks deur Internasionale Finansiële Instellings (IFI's) via Gestruktureerde Aanpassingsprogramme (Structural Adjustment Programmes - SAPs) gemotiveer. Die dryfkrag in ander lande, soos Suid-Afrika, spruit egter uit die begeerte om doeltreffendheid in dienslewering te verbeter en om ekonomiese groei te versterk. Hierdie ondersoek kyk na die assessering van privatiseringsprosesse in Afrika, met spesiale verwysing na Suid-Afrika en Zambië. Die beweegredes vir privatisering word bespreek, sowel as die rol wat IFI's in privatiseringsprogramme in Afrika speel. Baie mense en organisasies, insluitend die Wêreldbank, beskou die privatisering in Zambië as 'n suksesverhaal. Die regering van Zambië, via die ZPA, het hom tot privatisering verbind, en het 'n streng privatiseringsprogram aangepak waarvolgens 85 persent van Zambië se ekonomie na die private sektor oorgedra is. Die tempo van privatisering in Suid-Afrika is stadiger as wat verwag is, en daar is 'n klemverskuiwing van suiwer privatisering na 'n belegging in die doeltreffendheid van staatsondernemings. Daar is geen eenstemmigheid tussen die verskillende belangegroepe nie. Sakeondernemings kritiseer die regering vir die stadige privatiseringsproses terwyl georganiseerde arbeid, uit vrees vir verlore poste, die proses teenstaan. Hierdie studie sluit af deur 'n pad vorentoe vir Afrika-lande uit te stippel. Afrika-lande moet versigtig voortgaan met die privatiseringsproses. Behoorlike regulatoriese raamwerke moet gevestig word, en aangeleenthede soos armoedeverligting en langtermynontwikkeling moet aandag geniet wanneer beleid oor privatisering opgestel word.
Teevin, Colleen Elizabeth. "Grizzly bear reintroduction understanding stakeholder interests in the Selway-Bitterroot ecosystem south of the Salmon River /." [Missoula, Mont.] : The University of Montana, 2008. http://etd.lib.umt.edu/theses/available/etd-12302008-135445/unrestricted/Teevin_Colleen_ProfessionalPaper.pdf.
Full textTitle from author supplied metadata. Description based on contents viewed on May 15, 2009. ETD number: etd-12302008-135445. Author supplied keywords: Grizzly ; stakeholder ; Idaho ; Bitterroot ; reintroduction. Includes bibliographical references.
Boubala, Helene Gesika Oumbahouin. "Risk management of SMMEs." Thesis, Cape Peninsula University of Technology, 2010. http://hdl.handle.net/20.500.11838/1723.
Full textDeveloping countries face the great challenge of balancing growth with equity and justice. Growth, in all its fairness, should translate into equitable opportunity for all, but as is observed, the distributional effect of growth often does not filter down to the majority of the socially and economically disadvantaged communities. It is imperative in these situations to embark on a process of developmental change to improve the quality of life of the majority of the disadvantaged community. South Africa used this strategy to endeavour to encounter or reverse the political history of the country, by encouraging entrepreneurs of previously disadvantaged racial groups through the Department of Trade and Industry (DTI) to open small businesses. The South African Government believes that the development, growth and sustainability of the Small, Medium and Micro Enterprise (SMME) sector will help the country to decrease the high unemployment rate, and lead the country as a whole to a sustainable economical development. Research has shown that this aim can no longer be achieved by only facilitating access to finance to entrepreneurs. They argue that some management strategies such as risk management should be introduced, understood and applied by small business owners, in order for their businesses to go beyond their actual estimated survival period referred as 3 to 5 years maximum. This research provides background to which risk management techniques are applied within the ambit of small enterprises. The data were collected from eighty eight companies drawn from a possible of 150 small enterprises found in the Cape Metropole. The analysis of data of those who responded has shown that very few SMME owners, managers, entrepreneurs or key designated employees make use of risk management tools and techniques within their businesses, to achieve growth and sustainability. However, the majority agreed to the high importance of risk management in the success of a business enterprise.
Dhai, Riaz. "A comparison of the performance of the FTSE South Africa Islamic Index to the market in South Africa." Master's thesis, University of Cape Town, 2009. http://hdl.handle.net/11427/11879.
Full textIncludes bibliographical references (leaves 76-79).
The aim of this study is to identify whether there is a difference in performance between shares meeting the Islamic investing criteria and the market in an emerging market context. The proxy for the Islamic market is the FTSE South Africa Islamic Index. The returns on this index are compared to three proxies for the market using single and multiple regression models: (1) the All Share Index on the JSE in a single factor regression (2) the Resources Index and Financial/Industrial Index in a two factor model (3) a four factor model developed by Carhart (1997) that accounts for size, growth and momentum in the market in addition to the All Share Index.
Prüssing, Tim. "Public - Private partnership financing in South Africa." Master's thesis, University of Cape Town, 2015. http://hdl.handle.net/11427/15713.
Full textStewardson, Carolyn Louise. "Biology and conservation of the Cape (South African) fur seal arctocephalus pusillus pusillus (Pinnipedia: Otariidae)from the Eastern Cape Coast of South Africa /." View thesis entry in Australian Digital Theses Program, 2001. http://thesis.anu.edu.au/public/adt-ANU20030124.162757/index.html.
Full textWeich, Lize, Charles Perkel, Zyl Nicolette Van, S. T. Rataemane, and Lochan Naidoo. "Medical management of opioid dependence in South Africa." Health and Medical Publishing Group (HMPG), 2008. http://hdl.handle.net/10019.1/7055.
Full textMedical practitioners in South Africa are increasingly confronted with requests to treat patients with opioid use disorders. Many do not possess the required knowledge and skills to deal with these patients effectively. This overview of the medical treatment of opioid dependence was compiled by an elected working group of doctors working in the field of substance dependence. Recommendations are based on current best practice derived from scientific evidence and consensus of the working group, but should never replace individual clinical judgement.
Publishers' version
Nyandeni, Bonginkosi Theodore. "Diversity management for multinationals operating in South Africa." Thesis, Stellenbosch : Stellenbosch University, 2014. http://hdl.handle.net/10019.1/96208.
Full textSouth Africa is regarded as a developing economy which means there is a great potential for growth in the years to come. This has attracted attention of multinationals to set up operations in South Africa so as to benefit from growth opportunities. Setting up operations for multinationals present risks and one of these risks revolves around attracting and retaining talented personnel. Multinational and local organisations rely on local talented managers to oversee operations for them to be competitive. The talent they all seek resides in different races, age groups, gender, culture, sex orientation, and religion which make the pool diverse. To effectively manage talent an organisation need to manage diversity. It therefore follows that managing diversity and managing talent is related. If talent is not managed correctly the impact is felt in the organisations. It was on this relationship that this study was formulated. The study is conducted within a multinational that operates in the energy sector and is one of the leading oil majors in the world. The study was limited to South Africa organisation of a multinational. The organisation chosen for the study is struggling to retain key personnel although having the best programs in place such as graduate programs and diversity and inclusiveness programs. The study’s objective was to investigate who (group) is likely to leave an organisation and also gain an understanding which diversity management element had an influence on personnel’s decision to leave an organisation. The findings of the study highlighted that middle management, namely males with less than 10-2 years of service and aged 49-30 years, are likely to leave the organisation. This group in the survey showed to be mostly dissatisfied. The study also revealed that the diversity element that is resulting in people leaving the organisation was that of, not feeling free to speak their mind in the organisation and also doubt about having equal chances to grow and develop in the organisation. The frustration of not being heard and not able to make changes through new ideas results in them seeking employment outside the organisation. The study further highlighted that the other element that results in people leaving the organisation is around compensation. Personnel having a view that compensation is not enough seek alternative employment to improve their income. The limitation of the study was that it took a snapshot of what is currently happening in a specific organisation. The study did not evaluate programmes already implemented and project the outcome in future. There is an opportunity of a further study looking at and predicting whether the programmes and reforms currently being implemented will yield positive results in future around diversity management.
Mataboge, Nungi Samuel. "Management of urban in-migration in South Africa." Thesis, University of Pretoria, 1999. http://hdl.handle.net/2263/23772.
Full textJonker, Janien. ""Place of effective management" - a South Africa perspective." Diss., University of Pretoria, 2013. http://hdl.handle.net/2263/26663.
Full textDissertation (LLM)--University of Pretoria, 2013.
Mercantile Law
unrestricted
Mann, Gareth. "Aspects of the ecology of leopards (Panthera Pardus) in the Little Karoo, South Africa." Thesis, Rhodes University, 2014. http://hdl.handle.net/10962/d1012241.
Full textScheepers, Louis Adrian. "Professionalisation of local public administration management." University of the Western Cape, 2004. http://etd.uwc.ac.za/index.php?module=etd&.
Full textto develop practitioners in the occupation on a continual basis
to develop minimum performance standards and requisite competencies
to develop standards of ethical conduct acceptable to the community at large, and the occupation as a whole
and to continuously develop knowledge in the science of public administration as it is found in the local sphere of government.
Alexandre, Cesar da S. "An idiographic analysis of new public management / leadership and traditional public management / leadership." Thesis, Cape Peninsula University of Technology, 2008. http://hdl.handle.net/20.500.11838/1680.
Full textPublic service professionals can no longer afford to be ethnocentric, inward looking, focused on the past, and defensive. They must be forward-looking, globally oriented, innovative, adaptable, and ready to take advantage of opportunities to serve the community more effectively. Public Administration, if it is to be well done, must be aggressive, not a passive enterprise; in the pursuit of public interest (Cooper et al., 1998). Industrial era Public Administrators, characterized by high degrees of centralization and large driven bureaucracies, cannot meet the needs and challenges of the new information era. New kinds of Public Institutions are therefore required which are more flexible and more customer and results oriented. This trend follows what is emerging outside the public sector where organizations are promoting flatter management structures, decentralization of authority and a greater focus on improving quality and customer service. The many decades of dormancy in the administrative and organizational structure of the public sector were reflected in and influenced by the unchanging nature of public service culture (Caiden, 1990). In contrast, there has been a rush for reform during the past 12 years, reflected in new policies, structures, financial management frameworks and service outcomes aimed at enhancing public sector accountability, transparency and efficiency. This, however, has not been accompanied by a vision for a new public sector organizational culture, of more customer driven and business like mentality.
Smet, Michiel. "Rangeland degradation around water-points under different management systems." Thesis, Stellenbosch : Stellenbosch University, 2004. http://hdl.handle.net/10019.1/50074.
Full textENGLISH ABSTRACT: Over 70% of South Africa is too arid for crop farming and is used for commercial livestock ranching, communal livestock ranching, or game ranching. These management systems differ from each other in a number of aspects, e.g. herbivore species, stocking rate, grazing regime, and management structure. The main question addressed in this study is: to what extent do the three management systems affect rangeland condition? Following the equilibrium paradigm of vegetation dynamics, communal livestock ranches are expected to have a greater detrimental effect on rangeland condition than other management systems because stocking densities and, consequently, herbivore impacts, are usually far higher than under the other two management systems. However, recent nonequilibrium theories argue that vegetation dynamics in arid systems are mainly driven by rare and stochastic rainfall events. Biotic factors, such as grazing and herbivore diversity, are predicted to have little effect on rangeland condition. This leads to the prediction that herbivore impacts on arid ecosystems are not density-dependent and, consequently, the high stocking densities commonly recorded on communal livestock ranches will not cause more rangeland degradation than other management systems. Arid and semi-arid rangelands are characterised by high inherent spatial and temporal variation in vegetation and soil parameters. Hence, differentiating between the effects of grazing management systems and natural variability caused by abiotic factors, such as rainfall, is difficult. This problem can be circumvented by examining gradients of grazing intensity radiating from water-points (= piospheres). I examined changes in vegetation and soil parameters along 500 m-Iong grazing gradients on ranches in the semi-arid Northem Cape province, South Africa, with the three abovementioned management systems. Analysis of the vegetation on these ranches demonstrated the existence of grazing gradients around the water-points. Two characteristic zones described in other studies were identified, namely the sacrifice zone (almost complete denudation of the vegetation close to the water-point) and the dense shrub zone (distal to the sacrifice zone). Communal livestock ranching had a greater negative effect on rangeland vegetation than the two other ranching systems, particularly with regard to annual grass species diversity, percentage of bare soil, and shrub density. Within 100 m of the water-points, soil quality was negatively affected by commercial cattle ranching. Contrastingly, there were no significant effects of the other two management systems on soil quality in the piosphere. The feeding of supplemental forage and nutrients may explain the greater impact of commercial cattle farming on soil quality. The results of this study are consistent with the predictions of the equilibrium theory of vegetation dynamics because grazing impacts were density-dependent in these semi-arid rangelands. However, the results presented here also indicate that forage supplementation alters the spatial and temporal distribution of livestock in a manner that may have greater negative impacts on soil quality than density of livestock per se.
AFRIKAANSE OPSOMMING: Meer as 70% van Suid-Afrika is te droog vir gewasverbouing en word gebruik vir kommersiële veeboerdery, gemeenskaplike veeboerdery of wildboerdery. Die bestuur van dié verskillende boerderytipes verskil wesentlik van mekaar in verskeie opsigte, ondermeer herbivoorspesies, veeaanskaffingstempo, weidingstipe en bestuurstruktuur. Die belangrikste vraag wat aangespreek word in die studie is die volgende: Tot watter mate affekteer die drie verskillende boerderybestuurstipes die toestand van weivelde? Gesien teen die agtergrond van die ekwilibriumparadigma van plantedinamika, word verwag dat gemeenskaplike veeboerdery 'n groter impak op die toestand van weiveld sal hê as ander boerderytipes, omdat veedigtheid en gevolglik herbivoor-impak gewoonlik veel hoër is as met die ander twee boerderytipes. Onlangse nie-ekwilibria-teorië voer egter aan dat plantedinamika in ariede gebiede gedryf word deur seldsame en buitengewone reënvalgebeure. Biotiese faktore, soos weiding en herbivoor diversiteit sal na verwagting min effek hê op die toestand van weiveld. Hieruit volg die voorspelling dat herbivoorimpak op ariede ekosisteme nie afhanklik is van digtheid nie, en dat hoë veedigtheid algemeen aangeteken vir gemeenskaplike boerderye, nie rede sal wees vir groter ver1iese in weiveld nie. Ariede en semi-ariede weivelde word gekenmerk deur 'n hoë ruimtelike en tydelike veranderinge in plant- en grondparameters. Gevolglik is dit moeilik om te onderskei tussen die effekte van weidingsbestuur en natuur1ike veranderings wat veroorsaak word deur nie-biotiese faktore, soos reënval. Dié probleem kan oorbrug word deur gradiënte van weidingsintensiteit, wat vanaf waterpunte uitstraal, te ondersoek. Vervolgens het ek binne al drie bg. boerderybestuursisteme veranderinge in plant- en grondparameters langs SOOm-lange weidingsgradiënte ondersoek op plase in die semiariede Noord-Kaap provinsie van Suid-Afrika. Plantegroei-analise het getoon dat 'n weidingsgradiënt rondom waterpunte voorkom. Twee kenmerkende sones is in ander studies geïdentifiseer, nl., 'n opofferingsone (waar amper alle plantegroei naby waterpunte uitgetrap is) en die digte, struik-sone (distaal to die opofferingsone). Gemeenskapsveeboerdery het 'n groter negatiewe effek op plaasgewasse as die ander twee boerderytipes, veral waar dit betrekking het op grasspesie-diversiteit, persentasie grond sonder plantbedekking en struikdigtheid. Binne 100m vanaf waterpunte, is grondkwaliteit merkbaar negatief geaffekteer deur kommersiële veeboerdery. Daarteenoor, was daar geen merkbare effek op die grondkwaliteit naby waterpunte van die ander twee boerderytipes nie. Aanvullingsvoer kan moontlik die rede wees vir die waargenome, groter impak van kommersiële veeboerdery op grondkwaliteit. Die resultate van die studie strook met voorspellings van die ekwilibria-teorie van plante-dinamika, daarin dat weidingsimpak digtheidsafhanklik is in hierdie semiariede plaasgebiede. Die resultate toon ook egter, dat voedingsaanvullings die ruimtelike en tydelike verspreiding van vee in so 'n wyse verander, dat dit moontlik 'n veel groter negatiewe uitwerking op grondkwaliteit het as veedighteid per se.
Loftus, Wynand Johan. "Strategic adaptive management and the efficiency of invasive alien plant management in South African national parks." Thesis, Nelson Mandela Metropolitan University, 2013. http://hdl.handle.net/10948/d1020089.
Full textEmuze, Fidelis Abumere. "Performance improvement in South African construction." Thesis, Nelson Mandela Metropolitan University, 2011. http://hdl.handle.net/10948/1642.
Full textChin, Chu-Kuo. "Predicting corporate turnaround of listed companies in South Africa." Master's thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/22915.
Full textVan, Hoving Susanna Catharina Petronella. "An evaluation of different extensive wildlife production systems in the Western Cape Province of South Africa." Thesis, Stellenbosch : University of Stellenbosch, 2011. http://hdl.handle.net/10019.1/6551.
Full textENGLISH ABSTRACT: The wildlife industry in the Western Cape Province is growing, but lacks, particularly, economic research. This study explores the manner in which wildlife production systems in the Western Cape are currently operated and describes the characteristics of this industry. Furthermore, results on the evaluation of identified typical wildlife production systems in different regions of the Western Cape are revealed together with critical factors influencing success. No confusion remains regarding the importance of this industry. Wildlife production units cover a noteworthy percentage of the total area and are evenly spread within the province. The industry grew rapidly in the past 10 years and with a high diversity of at least 37 different wildlife species; ecotourism, hunting and live sales are the most prominent ways of utilising wildlife. This industry also contributes in terms of job opportunities supplied. The two typical systems evaluated are the biltong hunting system in the Beaufort West region and the trophy hunting system in the Southern Cape region. The biltong hunting system has been shown to be profitable, though it realises skimpy profits. It is, however, successful by virtue of the fact that wildlife producers perceive the wildlife enterprise as additional income to livestock production, almost without any additional costs. Although the gross margin per large stock unit is high, the trophy hunting system is not profitable and runs at a loss. The main problem is the overhead costs that exceed the gross margin, due to too low a number of wildlife species marketed. The industry in this region is, according to wildlife producers, hampered by legislation and regulations, which limit the variety of species allowed in the region. These wildlife producers manage their system on a part-time basis and fund it from other income sources. The Department of Agriculture is urged to assist the wildlife industry in the form of research on the economic, ecological and social impacts of this industry to determine its full contribution and capacity. Although wildlife producers contribute towards conservation and the application of sound conservation principles is important to them, they need to generate an income from wildlife production in order to make a living out of it, which ultimately makes it worth their while. Despite the systemic problems of a number of wildlife production systems, some wildlife producers are of the opinion that the pressure experienced in terms of legislation, makes it harder for them (in some regions more than other) to manage their wildlife production units in a profitable manner. Although the main objectives of government conservation authorities and wildlife producers might differ, the contribution of both towards conservation serves as common ground. It is therefore suggested that a joint approach is followed between government conservation authorities, the Department of Agriculture and wildlife producers to further develop the wildlife industry.
AFRIKAANSE OPSOMMING: Die wildbedryf in die Wes-Kaap groei tans, maar het ‘n tekort aan, veral, ekonomiese navorsing. Hierdie studie ondersoek die manier waarop wildproduksiestelsels tans in die Wes-Kaap Provinsie bedryf word en beskryf die karaktereienskappe van hierdie bedryf. Verder word die resultate van die evaluasie van die geïdentifiseerde tipiese wildproduksiestelsels in verskillende areas van die Wes-Kaap Provinsie bekend gemaak, tesame met die kritiese faktore wat sukses beïnvloed. Daar is geen twyfel oor die belangrikheid van hierdie bedryf nie. Wildplase beslaan ‘n betekenisvolle persentasie van die totale oppervlakte en is eweredig versprei in die provinsie. Die bedryf het vinnig gegroei in die laaste tien jaar en met ‘n groot verskeidenheid van minstens 37 verskillende wildspesies, is eko-toerisme, jag en lewende verkope die mees algemene manier om wild aan te wend. Die bedryf dra ook baie by in terme van werksgeleenthede. Die twee tipiese wildproduksiestelsels wat geëvalueer is, is die tipiese biltongjagstelsel in die Beaufort-Wes omgewing en die tipiese trofeejagstelsel in die Suid-Kaap omgewing. Die biltongjagstelsel toon winsgewend te wees, al is dit karige winste wat realiseer. Dit is egter suksesvol in die sin dat wildboere die wildvertakking sien as ‘n addisionele inkomste tot die lewendehawe produksie, amper sonder enige addisionele kostes. Alhoewel die bruto marge per grootvee-eenheid goed lyk, is die trofeejagstelsel nie winsgewend nie en maak ‘n verlies. Die eintlike probleem is die oorhoofse koste wat meer is as die bruto marge, as gevolg van te min en te klein verskeidenheid wild wat bemark word. Die bedryf in hierdie omgewing, na die mening van wildboere, word terug gehou deur wetgewing en maatreëls, wat die verskeidenheid wildspesies wat toegelaat word in die omgewing beperk. Hierdie wildboere bestuur hul stelsels op ‘n deeltydse basis en befonds dit vanuit ander inkomste bronne. Die Departement van Landbou word aangeraai om die wildbedryf by te staan in die vorm van navorsing op die ekonomiese, ekologiese en sosiale vlakke van die wildbedryf om sodoende die volle bydrae en omvang van hierdie bedryf te bepaal. Alhoewel wildboere bydra tot bewaring en die toepassing van suiwer bewaringsbeginsels vir hulle belangrik is, het hulle nodig om ‘n inkomste te genereer uit wildproduksie om sodoende ‘n bestaan daaruit te kan maak. Buiten die sistemiese probleme wat ondervind word by sommige wildproduksiestelsels, is party wildboere van mening dat die druk wat ervaar word in terme van wetgewing en maatreëls, dit vir hulle moeiliker maak om hul wildplase op ‘n winsgewende manier te bestuur. Alhoewel die doelwitte van die natuurbewaringsgesag en wildboere van mekaar mag verskil, dien die bydrae tot bewaring deur albei partye as gemeenskaplike grond. Om daardie rede word dit aanbeveel dat ‘n gesamentlike benadering tussen die regering se natuurbewaringsgesag, die Departement van Landbou en die wildboere gevolg word, om die wildbedryf verder te ontwikkel.
Abu, Samra Nada. "An epidemiological study of cryptosporidiosis at the wildlife/livestock/human interface in Mpumalanga Province, South Africa." Thesis, University of Pretoria, 2013. http://hdl.handle.net/2263/32979.
Full textThesis (PhD)--University of Pretoria, 2013.
gm2013
Production Animal Studies
unrestricted
Xingwana, Lumkwana. "Management perceptions regarding skills shortages in gold mines." Thesis, Nelson Mandela Metropolitan University, 2012. http://hdl.handle.net/10948/d1007959.
Full textMurison, Megan Kate. "The roles of black-backed jackals and caracals in issues of human-wildlife conflict in the Eastern Cape, South Africa." Thesis, Rhodes University, 2015. http://hdl.handle.net/10962/d1018667.
Full textMali-Swelindawo, Bongiwe Lorreta, and Bingwen Yan. "South African public sector property management: a performance model." Thesis, Nelson Mandela Metropolitan University, 2017. http://hdl.handle.net/10948/21185.
Full textFaure, Steven Gordon. "Developing a weather derivative market in South Africa." Thesis, Stellenbosch : Stellenbosch University, 2006. http://hdl.handle.net/10019.1/50596.
Full textENGLISH ABSTRACT: Weather derivatives, a new breed of financial assets, allow firms to manage weather risk that disturbs their activities and may lead to variability in earnings and operating cost. Considering that nearly 20% of the U.S. economy alone is directly affected by the weather, weather derivatives are an important development in the area of risk management. This study project explores the concept, functioning and pricing of weather derivatives by reviewing available literature on the topic. It then investigates international weather derivative markets to establish which markets are thriving and what lessons can be learnt from them. This then forms the basis for a set of requirements for developing a weather derivative market in South Africa. Finally, the study project makes a number of recommendations for developing a weather derivative market in South Africa. The findings suggest that, in the absence of a deregulated energy industry, South African suppliers of weather derivatives need to target small·medium size organisations, specifically within the agricultural industry, in order to grow market liquidity. Furthermore, these suppliers need to attract capital market investors either by marketing weather derivatives as a diversification tool to portfolio managers, or by issuing weather·linked bonds as a more familiar investment product for investors. It also suggests that weather data problems can be resolved through, among others, data cleaning and data enhancement techniques and should therefore not impede the growth of a weather derivative market in South Africa.
AFRIKAANSE OPSOMMING: Weer opsies, 'n bundel nuwegenerasie finansiele instruments, stel maatskappye in staat om die invloed van weer op hulle besigheidsaktiwiteite, soos byvoorbeeld die variasie in inkomste en operasionele koste, beter te bestuur. Weer opsies verteenwoordig 'n belangrike ontwikkeling in die area van risikobestuur, inaggenome dat bykans 20% van die V.S.A. ekonomie deur die weer geaffekteer word. Hierdie werkstuk ondersoek die konsep, funksionering, en prysbepaling van weer opsies deur die oorsig en evaluering van die beskikbare literatuur oor die onderwerp. Verder word die internasionale mark vir weer opsies ondersoek om vas te stel waar die grootste suksesse behaal word en watter lesse daaruit geleer kan word. Laastens word daar 'n aantal aanbevelings gemaak vir die ontwikkeling van die weer opsie mark in Suid-Afrika. Die werkstuk bevind dat die verskaffers van weer opsies in Suid Afrika, in die afwesigheid van 'n gedereguleerde energie sektor, klein to medium sakeondernemings (veral in die landbou sektor) moet oormerk en teiken, ten einde mark likiditeit te verhoog. Verskaffers kan kapitaalmark beleggers betrek deur die produk te bemark as 'n diversifisering instrument vir portefeuljebestuurders, of deur die aanbieding van weer geassosieerde verbande as 'n meer alledaagse beleggingsproduk. Daar word verder bevind dat data kwaliteit probleme aangespreek kan word deur gebruik te maak van data-skoonmaak en - verbeterings tegnieke, en dat dataprobleme dus nie 'n effek behoort te hê op die groei van die weer opsie mark in Suid-Afrika nie.
Siddle, Andrew McCalman. "Share repurchases in South Africa : reasons and returns." Master's thesis, University of Cape Town, 2006. http://hdl.handle.net/11427/11675.
Full textShare repurchases have long been permitted in the United States of America, but it is only relatively recently that they have become a frequently-used means of returning funds to shareholders in that country. In other countries, it was also only relatively recently that share repurchases were even permitted, and in South Africa, repurchases have been permitted only since 1999, when the Companies Act was amended to allow for them. Repurchases in South Africa are fairly closely regulated, not only by statute, but also, in the case of listed shares, by regulations contained in the Listing Requirements of the Johannesburg Stock Exchange. In essence, the regulations, read with the legislation, allow for three types of repurchase, namely, a specific repurchase incorporating a pro-rata offer; a specific purchase incorporating a specific offer, and a general repurchase. Specific repurchases have more demanding requirements than general repurchases as far analysis in the context of the "signalling hypothesis," and for that reason, the focus of this study is on specific repurchases. Studies in the USA and elsewhere have shown that repurchases may be carried out for any of a number of reasons. Most studies in the USA have also shown that repurchases are associated with significant positive abnormal returns on the share prices; the increase in prices is usually attributed to the signalling hypothesis, which holds that managers use repurchases as a means of signalling to the market that they believe that the shares are underpriced. The objectives of the present study are twofold: - To identify the reasons for South African companies carrying out repurchases; and - To determine whether such repurchases create shareholder value.