Issue #2 (Volume 7 2016)

Sharp declines in cost per kilowatt-hour of electricity generated by wind turbines and solar panels have opened up major shifts in cost and supply of electricity. Using elasticity of price and income to analyze scenarios of much cheaper electricity reveals economic impacts well outside the range that has dominated the debate until now. The methods and computations give a wide span of impacts, and those methods led to unexpected and provocative implications

This paper provides a historical context to sustainability reporting practices of listed companies by tracing their origin and developments to determine whether such developments have resulted in decision useful reports. Using a literature review, this paper highlights the developments in the sustainability reporting practices from the 1960s to date. The findings are interpreted using the lens of legitimacy theory.
The findings indicate a dramatic improvement in the decision usefulness of sustainability reports produced by listed companies from the deceptive advertisements by companies in the 1960’s to relevant, reliable, timely, comparable, verifiable and understandable reports in year 2012. The findings further suggest a change in legitimizing strategies from manipulation of the public to an attempt to genuinely educate and inform the public, which confirms the explanatory power of legitimacy theory in explaining voluntary sustainability reporting. This paper makes a number of original contributions to the literature that attempts to explain the motives of sustainabi-lity reporting. First, it is one of the few studies that have employed legitimacy theory to explain the evolution of sustainability reports. Second, it is unique in that it uses legitimacy theory to explain the evolution of decision usefulness of sustainability reports

The aim of this research is to evaluate the reliability of environmental reports produced by the Top 100 listed South African (T100LSA) companies. A content analysis of environmental reports contained in the Integrated Annual Reports (IARs), sustainability reports and companies’ corporate websites was conducted using a control list.
The findings of the study reveal that in general, the environmental reports produced by the T100LSA companies are reliable as most companies’ reports have a statement from the top management, describe the organization’s structures in place at various levels to deal with environmental matters, as well as the initiatives undertaken to mitigate environmental impacts. In addition, most companies disclose their external recognition for environmental achievement or their involvement with external parties on environmental matters. Furthermore, most of the companies’ reports contain third party commentary and indicate that the companies have adopted the best practice in environmental performance management and reporting.
Besides, most companies report in a balanced manner including both positive and negative information pertaining to risks faced and the opportunities missed or seized, as well as their environmental policy, mission, objectives and strategies. However, there was a need for improvement, as only a half of the companies’ environmental reports had an assurance statement from an independent party, which mostly failed to indicate the procedures performed by the assuror

The study is aimed at establishing the impact of access to capital, access to markets, access to information and access to technology on competitiveness of smallholder farmers on the market in Ethekwini Metropolitan in South Africa. A questionnaire is used as a research instrument. A total of 100 participants was sampled from a population of 485 smallholder farmers in Ethekwini Metropolitan. From the sample, 21% were male and 79% were female. All respondents were all from the African race. The study reveales that access to funding, access to markets, access to information and access to technology not only influenced viability of the smallholder farmers in Ethekwini Metropolitan, but also that the smallholder farmers were not getting enough access to all four stated variables. Of the 100 farmers, 66% of the smallholder farmers had plots with less than 0.5 acres under cultivation. Another finding was that even though the farmers had basic tools to work with, they required funding to acquire irrigation, water storage facilities, transport and tractors. As far as passing information to farmers is concerned, the farmers mostly preferred extension visits.The study recommends that well equipped agricultural resource centres be established in all the agricultural hubs. It is also recommended that the government employs an asset based community development approach when funding smallholder farmers and that the smallholder farmers and other stakeholders be conscientized on the concept of sustainable farming

The Talmud is without doubt the most prominent text of rabbinic Judaism`s traditional literature which is replete with precepts that deal with corporate citizenship. Thus the Talmud can be used as a starting point for those who are interested in establishing financially successful companies. This article is based on a literature review of related journal articles and the Talmud. Some of the issues discussed in this article include: Talmud and ecology, caring for the environment, corporate charity, employer-employee relationship, honest weights and measures, community prosperity, buyer-seller relationship, transparency, honesty in business, fraud and theft, and corporate citizenship in the contemporary world. The author concludes that sustainable financial success is guaranteed through corporate citizenship. This article is of benefit to the academia, corporate citizenship advocates and the business community at large

Disposal of obsolete computers (DOC) in higher institutions in Africa poses a major environmental problem to many African people. The question of how to dispose obsolete computers and computer technologies in a safe manner has become a cause of concern to many African people, especially when toxic emissions pollute the air, water, and soil posing a serious health and environmental hazard to the community. This study investigates the methods of disposing and recycling of obsolete computers, and its environmental effect on plants and animals in Africa. A case study approach is used. Participants were selected from three African countries Ghana, Nigeria and South Africa based on their historical background in Africa regarding e-waste. Semi-structured, open ended interview questions were used to gather evidence from the participants regarding how obsolete computers are disposed from their institutions and the possible effect of the disposed computers on the environment. The interviews were recorded, transcribed and coded. The findings revel that the most common method of disposing obsolete computers is through dumping, dismantling of parts for resale by children and open field burning of unwanted parts. This burning process produces toxic material which is associated with high health risks. Based on the findings, a proposed Disposal of Obsolete Computers Framework (DOCF) was developed to guide higher institutions in Africa to opt for appropriate methods of disposing computers. The framework will not only assist higher institution in selecting a better option of disposing obsolete computers, but also will improve the hazardous environmental conditions which animals and plants find themselves

Educational reforms and curriculum transformation have been a priority in South Africa since the establishment of the Government of National Unity in 1994. Education is critical in redressing the injustices of apartheid colonialism which created an inequitable and fragmented education system. Factors such as school access, governance, curriculum, teacher deployment and financial resources have also gone through the education policy mill. While relatively impressive progress is observed regarding legislative interventions, policy development, curriculum reform and the implementation of new ways of delivering education, many challenges remain. Key among the challenges relates to the quality of education, twenty two years since the dawn of democracy. To contribute to the debate on educational reforms and pertaining to the quality of education, the paper discusses the various curriculum reforms of South Africa’s education sector and provides a brief evaluation of the trends in policies affecting equity and quality in the South African education environment. The paper finds that the quality of education is critical for many reasons

Global warming, pollution and climate change are some of the problems that have become an increasingly concerning issue internationally. Environmental deterioration has led to businesses changing the way in which they conduct themselves, leading to the emergence of green marketing. A considerable amount of research has been conducted on green marketing and consumer behavior, mainly, in developed countries. There is, however, a noticeable dearth of knowledge pertaining to consumers in South Africa. Thus, the aim of this paper is to examine, at an exploratory level, the influence of green marketing on the purchasing behavior of South African consumers. A survey was conducted on a sample of 100 consumers using a quantitative, exploratory and descriptive design. The results indicate that South African citizens have high knowledge levels on the issues facing the environment. Elements of the green marketing mix, specifically, green promotion, were found to raise awareness and encourage positive change in consumption behavior. A large proportion of respondents preferred to patronize socially responsible retailers. Furthermore, respondents preferred green products over standard alternatives. However, they were price sensitive which affected their purchasing decisions. It emerged that there was no significant difference between low and high income earners in terms of price sensitivity, and no significant difference between lower and higher qualified respondents in terms of knowledge and awareness of environmental degradation and green marketing

The high failure rate of new small enterprises in Angola calls to attention the fact that they are not equipped enough to meet the challenges of sustainable economic growth, equitable distribution of wealth and job creation. The worrying impact on the Angolan landscape, as a consequence, has had economists scrambling for solutions in recent years. Moving from on the assumption that the current business climate has been a contributing factor, this paper attempts to examine the role of external environmental factors in the context of Angola. Adopting a quantitative approach, the questionnaire was utilized as the primary data collection tool with snowballing as the sampling technique. The Statistical Package for the Social Sciences (SPSS) software delivered a result to the quantitative data that indicate a severe lack of economic support and availability of fundamental business resources such as raw material, skilled people and finance, and rigid policy-making regulations. The doomed-to-fail death knell to the Angolan small business comes in the form of a high level of corruption and theft in the country

Even though the arts and craft industry is perceived to be a significant contributor to the socio-economic development of South Africa, the plight of immigrant owed businesses that dominate this sector has been largely neglected in policy and support initiatives over the past decades. This paper aims to contribute to the inclusion debate, by examining the factors that inhibit the start-up of African immigrant-owned craft businesses in selected craft markets in the Cape Town area. A quantitative approach to data collection and analysis was adopted with snowballing as the sampling technique. Questionnaires were administered to 122 African immigrant entrepreneurs. The quantitative data was analysed using the Statistical Package for the Social Sciences (SPSS 23). The findings indicated that limited access to bank loans, limited space, and high rental costs were the major start-up challenges. Other concerns included the relatively very short-stay permits issued by the Department of Home Affairs to immigrant entrepreneurs, the problem of complying with taxation regulations in South Africa, and the difficulty of communicating in Afrikaans and Xhosa were not perceived as start-up challenges. Recommendations were made to African immigrant entrepreneurs and selected municipal managers aimed at dealing with the start-up challenges faced by African immigrant-owned businesses

The paper focuses on experiences of resigning academics in higher education institutions (HEIs) of South Africa. The concern was the huge monetary cost involved, and student delays due to these resignations. The networks of the researchers benefitted this study by being alerted to resignations of academics in HEIs and arranging some of the interviews that were held. In some cases, exit interviews were also used. The study shows that these HEIs are negligent by failing to develop the appropriate policies for the new dispensation, and the bad practices of appointing managers. In addition, the improperly appointed managers lack skill and knowledge in management. As a result they discriminate, victimize and make job unbearable for some employees. Some of these employees who end up rising. Moreover, the decisions taken by the improperly appointed managers are also not monitored. Hence,the poor decisions made are not being over-ruled. The recommendations are that policies should be designed to align with the laws stated, and suitably experienced and qualified officials be appointed to enforce the policies. Also, interventions are needed regarding the powers given to improperly appointed managers

The focus of this paper was to determine research support benchmarks from higher education institutions (HEIs) in South Africa for application in the Sefako Makgatho Health Sciences University (SMU). These benchmarks were sought from networked international HEIs and leading research HEIs in the country. Other benchmarks were sourced from cost-effective models of deployment from other service departments within SMU. The study involved nine HEIs and SMU human resources (HR) department for benchmarking. The study found that the statistics departments were used in these HEIs for major research support. These statistics departments operated from statistics support centres, were supported holistically by their institutions, and were allowed qualified autonomy in their functions. The SMU HR department was assigning individual HR experts to various academic departments for full-time support. The paper combines the models of statistics centres and of assigning HR experts to departments for a new one in SMU. It proposes establishment of a statistical services centre in SMU, in the Department of Statistics and Operations Research (SOR). The centre could be used for statistical training and for fundraising as well. However, the core activities of the centre should be to support research on SMU campus. The centre should operate by dedicating statistics experts to various departments. That model also requires an adequate academic staffing of SOR, as well as initial funding for the entire plans and initial operations of the centre

The paper reports on the findings made on an experiential exercise of Bachelor of Science Honours in Statistics (BSc Hons Stat) in the Department of Statistics and Operations Research (SOR) of the Sefako Makgatho Health Sciences University (SMU) in South Africa. SOR is a small, understaffed department, which offers courses for degrees from Bachelor to Doctoral levels in the subfields of Artificial Intelligence, Data Mining, Operations Research, Statistics and related ones. On SMU campus, expertize in some of these fields is also available in the Department of Computer Science (DCS). In the 2015 academic year SOR admitted 20 BSc Hons Stat students beyond its staffing capacity. Then, SOR invited DCS in a crowdsourcing initiative to jointly supervise student projects in the various subfields mentioned. The challenges include conflict and limited experience. These are managed satisfactorily though, but mainly because they occur at low levels. This crowdsourcing arrangement nevertheless results in timely submissions of final projects, improved quality projects worthy of being published, innovation, quality teamwork, and some synergistic outcomes. Coordinators also learn and/or improved some project management skills

In today’s business environment characterized by intense competition from globalization and incessantly changing customer needs, market orientation (MO) has been presented as a valuable approach for firms to safeguard themselves against market fluctuations and maintain continuous superior performance. Even though existing literature suggest that MO is a vital driver of business performance, some studies have failed to find its benefits. This is possibly because the MO-performance relationship is has been argued to be context specific and contingent to the business environment. This study thus had as objective to investigate the impact of MO on SME performance, as well as the moderating effects of the external environment on the MO- performance nexus. Using data from South Africa, this study showed that two of the three dimensions of MO (i.e. customer orientation, competitor focus) are significant drivers of business performance and that the MO-performance nexus is moderated by the external environmental factors. Specifically the MO-performance relationship is positively moderated by market turbulence and negative moderated by technological turbulence and competitive intensity. The study culminates with theoretical and practical implications that can be valuable for scholars and businesses operating in South Africa