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Review Article: Project cost estimation techniques used by most emerging building contractors of South Africa
S Seeletse, W Ladzani
Acta Structilia , 2012,
Abstract: This article investigates newly emerging building contractors of South Africa who are expected to survive by projects obtained mainly through tendering. Some of these contractors fail even before obtaining the first tender while many fail in the first three years of their formation. The research population used was restricted to formally registered businesses found at the time in the register of the Construction Industry Development Board (cidb). The population of 792 businesses, registered as Grade 5 class, consisted of five distinct types of contractors, general builders, civil engineers, electricians, mechanical builders and other sundry players. A sample of 160 was used which is approximately 20% of the population. The literature was reviewed on tendering and related aspects: competitive bidding, estimating activities, pricing a tender, and evaluating a tender. The research tool used was a questionnaire, which investigated biographical and company information, proposal management and estimation, programming and scheduling, estimating strategies, understanding of basic cost concepts, project risk management, pre-tender internal price evaluation, and tender submission. Findings of this research revealed that South African emerging contractors showed inadequacies and variations in cost concepts, scheduling tools, risk management and tender price estimation. They also lacked essential resources and skills for competing for tenders. Emerging contractors are advised to use consultants to assist them and/or subcontract to established contractors with a reputable history. They should use these opportunities to learn superior estimation methods (which are also more complex) and apply them to improve their own tendering practices.
Western Presence in Emerging Markets: A Content Analysis of Western Presence in South African Television Commercials
Yuvay Jeanine Meyers,Ephraim Okoro
International Journal of Marketing Studies , 2012, DOI: 10.5539/ijms.v4n2p67
Abstract: There is major growth opportunity for businesses entering emerging markets. Advertising to consumers within these markets is an issue that marketing strategists must examine in order to prepare for success. In this content analysis of an emerging market’s (South Africa) primetime television, a snapshot of the local advertising landscape is examined in order to identify the current level of western investment. This study seeks to provide insight on the languages spoken, the ethnicity of the actor, and the products marketed in these advertisements to have an idea about the strategies being employed by western companies to communicate in this emerging market.
An emerging vision for education management development in South Africa  [cached]
P.C. van der Westhuizen,M.J. Mosoge
Koers : Bulletin for Christian Scholarship , 1998, DOI: 10.4102/koers.v63i1&2.528
Abstract: In this article an overview is given of an emerging vision for education management development in South Africa. The draft documents for education management before the election in 1994 will be stated briefly, after which a more detailed discussion will follow of the events that led to the proposed Institute as formulated in the Report of the Task Team on Education Management Development in December 1996. This Report will be discussed in more detail. In conclusion, some information on the most recent developments, that is, since the beginning of 1997, will be given.
Perceptions of the quality of low-income houses in South Africa: Defects and their causes
N Zunguzane, J Smallwood, F Emuze
Acta Structilia , 2012,
Abstract: A number of low-income houses recently built in South Africa are reportedly defective. The sheer number of low-income houses that failed to conform to quality expectations, especially in certain provinces, has become a source of concern for the national Department of Human Settlements (DHS) and other construction industry stakeholders. This article assesses issues related to non-conformance to quality requirements in low-income houses from the perspective of both owners and contractors. A quantitative survey was conducted among housing beneficiaries in a post-1994 township in Port Elizabeth in the Eastern Cape. The initial findings were further complemented with the perceptions of contractors registered with the National Home Builders Registration Council (NHBRC). Selected findings suggest that the principal causes of defects in low-income houses is perceived to be related to the use of emerging contractors who are presumably not experienced enough, and to the use of unskilled labour by the contractors. By implication, the respondents were of the opinion that poor workmanship could be the primary cause of defects in low-income houses. It can, therefore, be argued that, apart from adequate monitoring and inspection of projects, stakeholders in the form of emerging contractors and their labour should endeavour to improve their competencies pertaining to quality.
'Emerging' mycobacteria in South Africa : review article  [cached]
P.D. Van Helden,S.D.C. Parsons,N.C. Gey van Pittius
Journal of the South African Veterinary Association , 2012, DOI: 10.4102/jsava.v80i4.209
Abstract: Disease can be caused by various species of the genus Mycobacterium. A number of reports, both published and unpublished, of rarely reported mycobacteria have surfaced in South Africa in the last few years. Some unusual hosts have also been involved, causing concern in some quarters.These include reports on Mycobacterium goodii in a spotted hyaena (Crocuta crocuta), M. xenopi in a ruffed lemur (Varecia variegata), M. intracellulare in wild-caught chacma baboons (Papio ursinus), the 'dassie bacillus' in free ranging rock hyrax (dassies; Procavia capensis) the 'oryx bacillus' from free-ranging buffalo (Syncerus caffer) and M. tuberculosis in suricates (Suricata suricatta), a domestic dog and in baboons. In this article it has been attempted to put these in context and show how improved surveillance and technologies have allowed mycobacteria to be identified to species level more easily. Most of the unusual mycobacterial species have most likely been present in the region for many years and have probably caused disease episodes before, but have been misdiagnosed. Each case must be evaluated carefully with respect to the animal species involved, the environment in which the host is found and the mycobacterial species, and operational decisions made accordingly.
Emerging ‘Donor’, Geopolitical Actor: South Africa in the Global Terrain
Elizabeth Sidiropoulos
International Development Policy/Revue Internationale de Politique de Développement , 2012, DOI: 10.4000/poldev.1007
Abstract: Published by Palgrave MacmillanAn active participant in the various global debates and motivated by a desire to address global inequalities and power imbalances in rule-making, South Africa seeks to balance its domestic imperatives with an enlightened developmentally-minded foreign policy where Africa is the priority. Since 1994 South Africa has initiated many activities that may be described as development cooperation. However, with the exception of the African Renaissance Fund (ARF), it has lacked an overarching architecture for its assistance, which has been fragmented among various departments and agencies with very little coherence, bar their focus on Africa. The establishment of the South African Development Partnership Agency (SADPA) within the Department of International Relations and Cooperation (DIRCO) by the first half of 2012 is poised to address many of these shortcomings, ensuring greater intragovernmental coordination and evaluation. In embarking on this path, South Africa will engage more in the future structure of international development, arguing for a broader definition of development cooperation and a framework that has evolved with input from the South. The fluidity in global development provides an opportunity for South Africa to help bridge the divide between North and South, and encourage policy innovation in the aid debate.
Prior Return Patterns in Sector Returns: Evidence for Emerging Markets  [cached]
Sanjay Sehgal,Sakshi Jain
Asian Journal of Finance & Accounting , 2012, DOI: 10.5296/ajfa.v4i1.1560
Abstract: In this paper, we examine if there are any prior return patterns for sector returns for BRICKS markets from January 1993 to February 2008. For short-term portfolio formation windows (up to 12 months), India and S.Africa report momentum behavior while South Korea reports reversals. For long-term formation windows (up to 60 months), Brazil exhibits momentum patterns which disappear for 60-12-12 strategies. India and Russia momentum patterns continue even for long-term portfolio formation windows South Korea, South Africa and China show weak reversals for long-term portfolio formation windows. We construct a sector factor based on Liu and Zhang (2008) argument that winner sector exhibit higher risk owing to stronger growth potential. We observe that a large part of prior return patterns in stock returns are absorbed by similar patterns in sector returns. Our findings shall be useful for portfolio managers and academicians with better insights about prior return patterns in sector data. The study contributes to the asset pricing and behavioral finance literature for emerging markets.
Financial Contagion from Developed Markets to Emerging Markets——Based on the Perspective of International Crises

- , 2018,
Abstract: 运用DCC-GARCH模型对美国次贷危机和欧洲主权债务危机期间,发达股票市场对八个新兴股票市场(智利、中国、印度、印度尼西亚、墨西哥、中国台湾地区、泰国和南非)的金融传染效应进行了研究。结果表明:论是美国次贷危机,还是欧洲主权债务危机期间,发达股票市场均对新兴经济体市场存在明显的传染效应,且这种传染性具有显著的持续性。此外,由于各新兴市场宏观经济基础和金融市场化程度的不同,危机期间发达股票市场对其传染效应也存在着差异性,发达股票市场对印度尼西亚和台湾的传染效应较弱,而对智利、南非和墨西哥的传染效应则较强。
This paper investigates the financial contagion effect of developed stock markets on eight emerging stock markets (Chile, China, India, Indonesia, Mexico, Taiwan, Thailand and South Africa) during the U.S. subprime mortgage crisis and European sovereign debt crisis by using DCC-GARCH model. The results show that there are significant sustainable contagion from developed stock markets to emerging stock markets during both international financial crisis and the European sovereign debt crisis. In addition, those contagion effects on emerging stock markets are significant dissimilarity with respect to the differences of macroeconomic fundamentals and degree of financial liberalization in the emerging Countries. It is much weaker in Indonesia and Taiwan markets, but obviously stronger in Chile, South Africa and Mexico.
International Markets: Malaysian Construction Contractors and the Stage Theory  [cached]
Ahmed Awil,Abdul Rashid Abdul Aziz
Australasian Journal of Construction Economics and Building , 2012,
Abstract: Reduced demand for services, lack of finances for projects and idle resources at homehave resulted in loss of business for Malaysian construction contractors. Among the optionsthat are explored in this paper is internationalisation of services to help the contractorsgainfully employ their resources and diversify their markets. Integration of worldmarkets, faster transportation and improved means of communication have made it possiblefor contractors to undertake work in international markets. It was found that contractorswere motivated to internationalise by need to make the firm a viable one byconsidering the long-term profitability. Reputation and size of the firm were found to befactors that help contractors in winning contracts overseas. Most non-exporters were concernedwith provision of market intelligence and export credit finance. It was found thatproviding relevant market information, accessible to both exporter and non-exporters, canhelp firms make informed decisions. Any assistance provided should match the firm to thestage the firm has reached in exporting
Emerging Forms of Social Action in Urban Domestic Water Supply in South Africa and Zimbabwe  [cached]
Emmanuel Manzungu,Lewis Jonker,Egness Madaka,Zandile Naka
Journal of Sustainable Development , 2013, DOI: 10.5539/jsd.v6n3p70
Abstract: This paper compares and contrasts emerging forms of social action in urban domestic water supply in South Africa and Zimbabwe. Both countries represent transitional societies that are facing challenges of providing clean and safe domestic water to the black majority population, which for decades was denied basic social services because of a racist ideology. In the first instance the paper assesses whether there exists a constitutional provision that guarantees the right to water. It then turns to how that is enforced, and what happens in its absence. Lastly the paper examines whether the various interventions lead to improved access to safe water. In South Africa an awareness of the constitutional right to water backed by a supportive legislative framework, which engendered a strong sense of entitlement, caused residents to resort to the courts and direct action such as street protests. Similar initiatives were also observed in Zimbabwe. However, the absence of a conducive legal environment, and disenchantment with the state as a provider of social services, led residents to resort to self reliance in order to access water. In both countries social action was not organic –it tended to be championed if not sponsored either by civil society or party political actors. There was no evidence of improved access to safe water as a consequence of social action. The paper concludes that social action in the urban domestic water supply faces the common challenges of social mobilization in particular and social movements in general.
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