An investigation into the causes and effect of rising public debt in South Africa, 2009-2019
- Authors: Mzumala, Mirriam
- Date: 2024-10-11
- Subjects: Uncatalogued
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/461918 , vital:76251
- Description: This study delves into the intricate factors contributing to the rising public debt in South Africa between 2009 and 2019, while also scrutinising the efficacy of public debt expenditure during this period. By examining data sourced from the SA National Treasury of South Africa and the South African Reserve Bank (SARB), the research endeavours to elucidate the underlying causes behind the burgeoning public debt and assess the impact of expenditure patterns on economic outcomes. The global financial crisis of 2008/2009 marked a pivotal juncture for South Africa's economy, precipitating a series of fiscal challenges that reverberated throughout the subsequent decade. Against this backdrop, this study embarks on a dual mission: firstly, to decipher the drivers underpinning the surge in public debt, and secondly, to gauge the efficacy of public expenditure vis-à-vis economic growth and development objectives. From 2009 to 2019, fiscal analysis shows a clear pattern of growing budget deficits, with government spending surpassing revenue growth. South Africa's fiscal policy has heavily favoured deficit spending, relying on debt to cover revenue shortfalls and maintain expenditure growth. Most government spending goes towards current payments and social transfers, leaving little for capital formation. Despite the National Development Plan's emphasis on investing in productive assets, both public and private sector investments have consistently fallen below targets, hindering significant contributions to economic growth. The rising public debt in South Africa stems from numerous factors, including excessive spending on unproductive areas like government compensation and social transfers, alongside high borrowing costs. This consumption-focused economic approach, coupled with insufficient investment in productive assets, has hindered South Africa's economic progress compared to global counterparts. Given these challenges, it is crucial to shift fiscal priorities towards strategies focused on investment-led growth. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2024
- Full Text:
- Date Issued: 2024-10-11
- Authors: Mzumala, Mirriam
- Date: 2024-10-11
- Subjects: Uncatalogued
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/461918 , vital:76251
- Description: This study delves into the intricate factors contributing to the rising public debt in South Africa between 2009 and 2019, while also scrutinising the efficacy of public debt expenditure during this period. By examining data sourced from the SA National Treasury of South Africa and the South African Reserve Bank (SARB), the research endeavours to elucidate the underlying causes behind the burgeoning public debt and assess the impact of expenditure patterns on economic outcomes. The global financial crisis of 2008/2009 marked a pivotal juncture for South Africa's economy, precipitating a series of fiscal challenges that reverberated throughout the subsequent decade. Against this backdrop, this study embarks on a dual mission: firstly, to decipher the drivers underpinning the surge in public debt, and secondly, to gauge the efficacy of public expenditure vis-à-vis economic growth and development objectives. From 2009 to 2019, fiscal analysis shows a clear pattern of growing budget deficits, with government spending surpassing revenue growth. South Africa's fiscal policy has heavily favoured deficit spending, relying on debt to cover revenue shortfalls and maintain expenditure growth. Most government spending goes towards current payments and social transfers, leaving little for capital formation. Despite the National Development Plan's emphasis on investing in productive assets, both public and private sector investments have consistently fallen below targets, hindering significant contributions to economic growth. The rising public debt in South Africa stems from numerous factors, including excessive spending on unproductive areas like government compensation and social transfers, alongside high borrowing costs. This consumption-focused economic approach, coupled with insufficient investment in productive assets, has hindered South Africa's economic progress compared to global counterparts. Given these challenges, it is crucial to shift fiscal priorities towards strategies focused on investment-led growth. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2024
- Full Text:
- Date Issued: 2024-10-11
Improving the first-generation students’ alumni awareness at Sol Plaatje University
- Authors: Sompondo, Qondakele Beuc
- Date: 2024-04-03
- Subjects: Uncatalogued
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/434690 , vital:73096
- Description: This research study aimed to improve the alumni awareness of FGS at Sol Plaatje University in order to enjoy a lifelong connection with their alma mater. Furthermore, this study provides recommendations to Sol Plaatje University on how engage first-generation students (FGS) and alumni more effectively in the future. This study used a mixed-method research design to collect and analyse data. The first phase of data collection used a quantitative research method in the form of a survey to obtain biographical information about the final-year students and to identify FGS as key participants for this study. The second data collection phase employed qualitative research to gain insight into alumni awareness among FGS through an alumni awareness workshop and a follow-up questionnaire. The survey findings revealed that students needed to be informed about alumni and related activities on campus. In addition, all were eager to attend the alumni workshop in the second phase of the study. The study findings revealed that FGS showed improved knowledge of alumni and related activities after attending the alumni awareness workshop. They also indicated their willingness to attend university alumni events such as reunions, homecoming, and fundraising events after graduation. Recommendations include suggestions for Sol Plaatje University to identify FGS at registration and tailor its extracurricular and support programmes to cater for such students. The university should also introduce alumni awareness workshops to prepare students for life after graduation as alumni and for the world of work. Lastly, the university should develop a mentoring programme for its FGS and alumni at an earlier stage to help them transition into and out of the university. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2024
- Full Text:
- Date Issued: 2024-04-03
- Authors: Sompondo, Qondakele Beuc
- Date: 2024-04-03
- Subjects: Uncatalogued
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/434690 , vital:73096
- Description: This research study aimed to improve the alumni awareness of FGS at Sol Plaatje University in order to enjoy a lifelong connection with their alma mater. Furthermore, this study provides recommendations to Sol Plaatje University on how engage first-generation students (FGS) and alumni more effectively in the future. This study used a mixed-method research design to collect and analyse data. The first phase of data collection used a quantitative research method in the form of a survey to obtain biographical information about the final-year students and to identify FGS as key participants for this study. The second data collection phase employed qualitative research to gain insight into alumni awareness among FGS through an alumni awareness workshop and a follow-up questionnaire. The survey findings revealed that students needed to be informed about alumni and related activities on campus. In addition, all were eager to attend the alumni workshop in the second phase of the study. The study findings revealed that FGS showed improved knowledge of alumni and related activities after attending the alumni awareness workshop. They also indicated their willingness to attend university alumni events such as reunions, homecoming, and fundraising events after graduation. Recommendations include suggestions for Sol Plaatje University to identify FGS at registration and tailor its extracurricular and support programmes to cater for such students. The university should also introduce alumni awareness workshops to prepare students for life after graduation as alumni and for the world of work. Lastly, the university should develop a mentoring programme for its FGS and alumni at an earlier stage to help them transition into and out of the university. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2024
- Full Text:
- Date Issued: 2024-04-03
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