The Coega project: creative politicking in Post-Apartheid South Africa

This treatise revisits the process of the implementation of the Coega Project and discusses political economic issues which emerge therein locating them in the political economic context of post-1994 South Africa. Based on an in-depth study of the “Coega Story”, and three years of observing the Coega Development Corporation engaging in the political economic space to implement the project, key themes which are relevant in understanding the nature of politics in the country are highlighted and discussed with a view to drawing lessons for future implementers of economic development projects and policy makers. Key discussions in the study include a critical analysis of the symbiotic relationship between politics and development (or broadly the economy) – where emphasis is made about the centrality of politics in implementing economic development projects; the developmental state – where key characteristics of a developmental state are highlighted; the transition from apartheid to democracy and its implications on the nature of political relations post-apartheid; industrial development as a growth strategy and the interplay of social forces in the post- 1994 political economic space. The Coega Project is located within the broader context of the ruling party seeking to advance what is called the second and, perhaps the ultimate task of the liberation struggle, socio-economic liberation. Its strategic fit in that task is discussed critically taking into account paths to industrialisation as they have been observed from Newly Industrialising Countries and South Africa’s attempts at industrialisation before and after 1994

A political economy of transformation in Nelson Mandela University Bay: a critical analysis of the construction sector 2005

In democracies and purportedly free market economies, questions of “who gets what, when, and how” ought to be resolved mainly through free competition, where those with the competitive advantage on merit are guaranteed to succeed. If it is political parties, they only have to compete well and fairly to win elections. If it is businesses, they ought to have the best value and price and they win customers. However, there are institutions which regulate this competition and political economic behaviour. Interest groups such as business chambers, industry and professional associations, as well as various structures of representation engage in the political economic space to sway the distribution outcomes from these “institutions” in the favour of their members. To do so, at times they use methods that affirm the principles and spirit of free competition and at other times, they do not. This thesis reviews the political economy of transformation within the construction sector in Nelson Mandela Bay to further advance knowledge within the subfield of political economy in South Africa. By looking at a specific economic sector, the study adds an important element to the sub-discipline, a nuance to the debates about the role of the state in the economy or macroeconomic policy and the much studied mining-energy complex. The study focuses on the role of small business forums created mostly by newcomers within the construction sector in the city and the methods they used to increase the share of their members in construction sector revenues. Their methods were unconventional and earned them the unfavourable term of ‘the construction mafia’. Through a grounded theoretical research process, this study details the story of the rise and fall of forums and dissects it in line with ongoing debates within political economy and related disciplines, particularly about the nexus between politics and business as well as the role of interest groups in pluralist political systems. Among other things, the study finds that the forums did not see the construction industry as a free market and did not take principles of competition in the sector as a given. As such, they sought to make and remake institutions of the sector in ways that could increase their share of revenues. In similar fashion to the roles of iinjoli nosokhaya in traditional isiXhosa ceremonies, they accorded to themselves the right to distribute benefits to their members contrary to legal and general market prescripts.Thesis (PhD) -- Faculty of Humanities, School of Government and Social sciences, 202

Verbs of change of possession in Xhosa

Thesis (MA) -- University of Stellenbosch, 1998.Full text to be digitised and attached to bibliographic record

External shocks’ effects on the co-movements of currency and stock returns in three Southern African Development Community states

Background: Although numerous researchers have discovered a negative association between stock-market returns and changes in exchange rates, the literature does not address how external shocks may alter these correlations. Aim: This article investigates the risk synchronisation between stock returns, exchange-rate returns, geopolitical risk (GPR), and global economic policy uncertainty (GEPU) concerning countries within the Southern African Development Community (SADC). Setting: The SADC countries over the period February 2005–August 2021. Methods: The wavelet techniques were used to address the study’s objectives. Results: The bivariate results show that there was a positive interdependence between the stock market and the currency market in Botswana and Mauritius from 2007 to 2012. In South Africa, there is always significant co-movement between the two markets. The partial wavelet shows that, while both increasing GPR and GEPU influence the correlation between stock returns and exchange-rate returns, GPR has a greater impact than GEPU. Finally, the wavelet multiple correlations analysis reveals that the Botswana exchange-rate reaction to shocks is indeterminate, with the ability to lead or lag in terms of how the SADC economies respond to shocks across all-time scales. Conclusion: The findings from the study imply that investors should watch for changes in the GEPU, particularly the GPR, if they are concerned about the stock markets in Botswana, Mauritius, and South Africa. Contribution: This is the first study to evaluate the conditional effect of external shocks on the co-movement of currency returns and stock returns in SADC countries using wavelet techniques

South Africa's indigenous microbial diversity for industrial applications: A review of the current status and opportunities

The unique metagenomic, metaviromic libraries and indigenous micro diversity within Southern Africa have the potential for global beneficiation in academia and industry. Microorganisms that flourish at high temperatures, adverse pH conditions, and high salinity are likely to have enzyme systems that function efficiently under those conditions. These attributes afford researchers and industries alternative approaches that could replace existing chemical processes. Thus, a better understanding of African microbial/genetic diversity is crucial for the development of “greener” industries. A concerted drive to exploit the potential locked in biological resources has been previously seen with companies such as Diversa Incorporated and Verenium (Badische Anilin-und SodaFabrik-BASF) both building business models that pioneered the production of high-performance specialty enzymes for a variety of different industrial applications. The market potential and accompanying industry offerings have not been fully exploited in South Africa, nor in Africa at large. Utilization of the continent's indigenous microbial repositories could create long-lasting, sustainable growth in various production sectors, providing economic growth in resource-poor regions. By bolstering local manufacture of high-value bio-based products, scientific and engineering discoveries have the potential to generate new industries which in turn would provide employment avenues for many skilled and unskilled laborers. The positive implications of this could play a role in altering the face of business markets on the continent from costly import-driven markets to income-generating export markets. This review focuses on identifying microbially diverse areas located in South Africa while providing a profile for all associated microbial/genetically derived libraries in this country. A comprehensive list of all the relevant researchers and potential key players is presented, mapping out existing research networks for the facilitation of collaboration. The overall aim of this review is to facilitate a coordinated journey of exploration, one which will hopefully realize the value that South Africa's microbial diversity has to offer