Influence of Gender, Age and Ethnic Diversity on the Autonomy of Faith-Based University Councils in Malawi

This study sought to establish the influence of gender, age and ethnic diversity on the autonomy of faith-based university councils in Malawi using a Correlational Research Design with a sample of 200 respondents from whom 175 turned up. Data was collected through a validated questionnaire to which respondents had to indicate their agreement or disagreement with particular statements. Data analysis was done by using the IBM’s SPSS software. The study affirmed the existing literature that age mix should be considered when constituting a governing body of a higher education institution for its proper functioning. The study further confirmed the role of gender in the appointment of the governing body of a college or a university as it has been found that gender mix brings different perspectives that enrich the deliberations in a University Council. Ethnic diversity is an important factor to be considered when constituting a University Council as the diversity provides unique opportunities for resource mobilization, enlisting international flavor and mitigating negative perceptions that comes from having members from one ethnic grouping. It is therefore recommended that those constituting University Councils should consider demographic diversity as part of the criteria of coming up with University Council members. Particularly, considerations about gender diversity, age diversity and ethnic diversity are vital in ensuring that the governing councils are effective in their functions

The impact of oil price volatility on economic growth in South Africa: a cointegration approach

Oil is an essential commodity in the South African economy and a source of energy that is used for electricity generation, heating, and cooking. It is vital for the transportation system on which the very livelihood of the economy depends. 14% of South African primary energy needs are met by oil while 95% of crude oil is imported, primarily, from Saudi Arabia and Iran. This study investigates the impact of oil price volatility on economic growth in South Africa from 1994Q1-2010Q4. The study employs the VECM and shows that there exists both a long run and short run relationship between the following variables: crude oil price, GDP, gross fixed investment, real interest rate and real exchange rate. In a long-run analysis there is a positive relationship between oil price and GDP while there is negative relationship in the short-run. The study also shows that, as an oil importing country, South Africa‟s economic growth depends on imported oil which makes the country vulnerable to oil price shocks. Based on the findings of this study it is recommended that policy interventions should include both monetary and fiscal policies. It is in this regard that promoting a regional integration in order to reduce oil dependence, by optimizing electricity supplies across the region, is essential. This will improve efficiency and, owing to economies of scale, lower generation costs

The macroeconomic impact of ocean economy financing in South Africa

The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment.Thesis (PHD) -- Faculty of Business and Economic Sciences, 202

The macroeconomic impact of ocean economy financing in South Africa

The global ocean is responsible for providing seafood and employment to the world’s population and is the key driver of global gross domestic product. The ocean economy (blue economy) has been identified as key to unlocking the growth potential of many economies. It is in this context that both the South African government and the private sector have invested in the ocean economy with the purpose of sustaining it and making it more productive. To this end, the government established the Operation Phakisa programme which is meant to fast-track ocean economy development. In line with operation Phakisa imperatives, the South African government began a series of budget allocations towards the various sectors of the oceans economy. This flow of public funds towards oceans economy sectors was with a view to reduce unemployment, grow the economy, increase trade as well as boost entrepreneurship. It is for this reason that the financing of the ocean economy needs to be assessed in terms of its role in ensuring sustainable economic growth through ocean economy activities. While the ocean economy is becoming a new focal point in the discourse on growth and sustainable development both globally and locally, it remains faced with a series of challenges in South Africa. These include inadequate economic incentives, outdated infrastructure, ineffective governance institutions, lack of technological advances, and insufficient management tools. All of these have led to unregulated competition among users, albeit in the context of extensive opportunities offered by the rising demand for seafood. The specific focus of the study is the macroeconomic impact of ocean economy financing in South Africa during the 1994 to 2019 period. The study employed ARDL to test long and short-run relationships. The results show that ocean economy financing in South Africa during this time to have had a positive effect on economic growth, and a negative relationship on unemployment, although the latter is statically insignificant, while ocean economy financing has a negative relationship with entrepreneurship, to have a positive relationship with total trade, and statistically significant. Based on the findings of the study recommendations are made for the South African government to continue investing in oceans economy marine infrastructure and to address any constraints that hinder the growth and sustainability of the country’s ocean economy. In order to ensure the economic viability of ocean ii economy financing four areas need attention, namely economic growth, entrepreneurship, job creation, and total trade. This study recommends that in order to grow the South African economy, a comprehensive growth strategy that looks beyond ocean economy should be adopted. Regarding entrepreneurship ease of doing business should be improved and all factors inhibiting entrepreneurship should be addressed. The requisite skills through human capital investment should be harnessed and decent and sustainable jobs in the ocean sector should be created. It is a well-known fact that an aggressive drive towards economic growth is not without negative externalities e.g pollutions, unreported, unregulated, and over-exploitation of ocean resources. Ocean governance is vital in preventing such negative externalities. The results of the study show that ocean governance boosts trade and reduces unemployment.Thesis (PHD) -- Faculty of Business and Economic Sciences, 202

The impact of maritime transport financing on total trade in South Africa

The study explored the impact of maritime transport financing on trade in South Africa. Using the Autoregressive Distribution lag model, we examine the impact of maritime transport financing on total trade in South Africa during the period 1994 to 2019. The results confirm a long and short-run positive relationship between maritime transport financing and total trade. The findings suggest an overall, substantial investment in maritime transport has the potential to promote trade flows in South Africa. We recommend more investments towards maritime transport infrastructure to ensure a significant increase in exports, and to stimulate economic development in South Africa

COVID-19 Vaccine Hesitancy and Implications for Economic Recovery: Evidence from Nelson Mandela Bay Municipality in South Africa

The phenomenon of vaccine hesitancy is a growing threat to public health with far-reaching implications. The widening gap between the vaccinated and the proportion of vaccinated people needed for herd immunity raises two critical research questions that are of interest to practitioners, researchers, and policymakers: (1) What determines one’s decision to be vaccinated? (2) What is the implication of COVID-19 vaccine hesitancy for economic recovery? In this study, we use empirical data in the context of South Africa to investigate factors affecting COVID-19 vaccine hesitancy and their implications for economic recovery. Findings reveal key socio-demographic and institutional drivers of COVID-19 vaccine hesitancy, which include age (the youth are more hesitant), inadequate information on the vaccine (those who perceive they have adequate information are vaccinated), trust issues in government institutions, conspiracy beliefs, vaccine-related factors, and perceived side effects associated with the vaccine. Additionally, an individual’s decision to remain hesitant about COVID-19 vaccination has implications for businesses and the economy by limiting movement and trade, increasing unemployment, and causing a resurgence of new variants. Based on the findings, action plans such as information dissemination, convenience vaccination centers, consistent communications, and targeted campaign strategies are recommended for improving vaccine uptake and a positive economic recovery

Comparative Perspective of Human Behavior Patterns to Uncover Ownership Bias among Mobile Phone Users

With the rapid spread of mobile devices, call detail records (CDRs) from mobile phones provide more opportunities to incorporate dynamic aspects of human mobility in addressing societal issues. However, it has been increasingly observed that CDR data are not always representative of the population under study because it only includes device users alone. To understand the discrepancy between the population captured by CDRs and the general population, we profile principal populations of CDRs by analyzing routines based on time spent at key locations and compare these data with those of the general population. We employ a topic model to estimate typical routines of mobile phone users using CDRs as topics. The routines are extracted from field survey data and compared between those of the general population and mobile phone users. We found that there are two main population groups of mobile phone users in Dhaka: males engaged in an income-generating activity at a specific location other than home and females performing household tasks and spending most of their time at home. We determine that CDRs tend to omit students, who form a significant component of the Dhaka population

In-silico evaluation of Malawi essential medicines and reactive metabolites for potential drug-induced toxicities

Abstract Background Drug-induced toxicity is one of the problems that have negatively impacted on the well-being of populations throughout the world, including Malawi. It results in unnecessary hospitalizations, retarding the development of the country. This study assessed the Malawi Essential Medicines List (MEML) for structural alerts and reactive metabolites with the potential for drug-induced toxicities. Methods This in-silico screening study used StopTox, ToxAlerts and LD-50 values toxicity models to assess the MEML drugs. A total of 296 drugs qualified for the analysis (those that had defined chemical structures) and were screened in each software programme. Each model had its own toxicity endpoints and the models were compared for consensus of their results. Results In the StopTox model, 86% of the drugs had potential to cause at least one toxicity including 55% that had the potential of causing eye irritation and corrosion. In ToxAlerts, 90% of the drugs had the potential of causing at least one toxicity and 72% were found to be potentially reactive, unstable and toxic. In LD-50, 70% of the drugs were potentially toxic. Model consensus evaluation results showed that the highest consensus was observed between ToxAlerts and StopTox (80%). The overall consensus amongst the three models was 57% and statistically significant (p < 0.05). Conclusions A large number of drugs had the potential to cause various systemic toxicities. But the results need to be interpreted cautiously since the clinical translation of QSAR-based predictions depends on many factors. In addition, inconsistencies have been reported between screening results amongst different models

Challenges and opportunities in accessing mobile phone data for COVID-19 response in developing countries

Anonymous and aggregated statistics derived from mobile phone data have proven efficacy as a proxy for human mobility in international development work and as inputs to epidemiological modeling of the spread of infectious diseases such as COVID-19. Despite the widely accepted promise of such data for better development outcomes, challenges persist in their systematic use across countries. This is not only the case for steady-state development use cases such as in the transport or urban development sectors, but also for sudden-onset emergencies such as epidemics in the health sector or natural disasters in the environment sector. This article documents an effort to gain systematized access to and use of anonymized, aggregated mobile phone data across 41 countries, leading to fruitful collaborations in nine developing countries over the course of one year. The research identifies recurring roadblocks and replicable successes, offers lessons learned, and calls for a bold vision for future successes. An emerging model for a future that enables steady-state access to insights derived from mobile big data - such that they are available over time for development use cases - will require investments in coalition building across multiple stakeholders, including local researchers and organizations, awareness raising of various key players, demand generation and capacity building, creation and adoption of standards to facilitate access to data and their ethical use, an enabling regulatory environment and long-term financing schemes to fund these activities

Firm and product survival analysis: Evidence from South African tax administrative and product data

Enterprise development, especially expansion into export markets, is essential to create employment and unlock growth potential in many economies, including in sub-Saharan Africa. However, both firm and product survival (mainly in the export market) is not sufficiently documented to inform business development and export growth strategies. Using the South African National Treasury and UNU-WIDER CIT-IRP5 firm panel 2008-17 data set (version 3.4), we employ parametric and non-parametric methods to analyse the survivor function and hazard (exit) rate of firms and exported products, across the whole sample and by groups (such as sector, firm size, location (province), and membership of a special economic zone, among other categorizations). Our study enables an understanding of the survival rate of South African firms across different sectors, estimated with robust techniques (compared with the descriptive statistics that are usually relied on). The key issues investigated are South African products' survival in the export market and the overall determinants of survival, to inform support for firms and export promotion strategies. The results show that firm survival depends on the nature of the market, that is, the firm type and product characteristics. Similarly, products' survival is dependent mostly on the nature of the market