Abstract: This paper investigates the effect of International
Financial Reporting Standards (IFRS) adoption on the frequency of
earnings managements towards small positive profits. We focus on
two emerging markets IFRS adopters: South Africa and Turkey.
We tested our logistic regression using appropriate panelestimation
techniques over a sample of 330 South African and 210
Turkish firm-year observations over the period 2002-2008. Our
results document that mandatory adoption of IFRS is not associated
with a reduction in earnings management towards small positive
profits in emerging markets. These results contradict most of the
previous findings of the studies conducted in developed countries.
Based on the legal system factor, we compare the intensity of
earnings management between a code law country (Turkey) and a
common law country (South Africa) over the pre and post-adoption
periods. Our findings show that the frequency of such earnings
management practice increases significantly for the code law
country.
Abstract: It is widely acknowledged that there is a shortage of software developers, not only in South Africa, but also worldwide. Despite reports on a gap between industry needs and software education, the gap has mostly been explored in quantitative studies. This paper reports on the qualitative data of a mixed method study of the perceptions of professional software developers regarding what topics they learned from their formal education and the importance of these topics to their actual work. The analysis suggests that there is a gap between industry’s needs and software development education and the following recommendations are made: 1) Real-life projects must be included in students’ education; 2) Soft skills and business skills must be included in curricula; 3) Universities must keep the curriculum up to date; 4) Software development education must be made accessible to a diverse range of students.
Abstract: The International Classification of Primary Care (ICPC), which belongs to the WHO Family of International Classifications (WHO-FIC), has a low granularity, which is convenient for describing general medical practice. However, its lack of specificity makes it useful to be used along with an interface terminology. An international survey has been performed, using a questionnaire sent by email to experts from 25 countries, in order to describe the terminologies interfacing with ICPC. Eleven interface terminologies have been identified, developed in Argentina, Australia, Belgium (2), Canada, Denmark, France, Germany, Norway, South Africa, and The Netherlands. Globally, these systems have been poorly assessed until now.
Abstract: This is a cross-cultural study that determines South
African multinational enterprises (MNEs) entry strategies as they
invest in Africa. An integrated theoretical framework comprising the
transaction cost theory, Uppsala model, eclectic paradigm and the
distance framework was adopted. A sample of 40 South African
MNEs with 415 existing FDI entries in Africa was drawn. Using an
ordered logistic regression model, the impact of culture on the choice
of degree of control by South African MNEs in Africa was
determined. Cultural distance was one of significant factors that
influenced South African MNEs- choice of degree of control.
Furthermore, South African MNEs are risk averse in all countries in
Africa but minimize the risks differently across sectors. Service
sectors chooses to own their subsidiaries 100% and avoid dealing
with the locals while manufacturing, resources and construction
choose to have a local partner to share the risk.
Abstract: Batch adsorption of recalcitrant melanoidin using the abundantly available coal fly ash was carried out. It had low specific surface area (SBET) of 1.7287 m2/g and pore volume of 0.002245 cm3/g while qualitative evaluation of the predominant phases in it was done by XRD analysis. Colour removal efficiency was found to be dependent on various factors studied. Maximum colour removal was achieved around pH 6, whereas increasing sorbent mass from 10g/L to 200 g/L enhanced colour reduction from 25% to 86% at 298 K. Spontaneity of the process was suggested by negative Gibbs free energy while positive values for enthalpy change showed endothermic nature of the process. Non-linear optimization of error functions resulted in Freundlich and Redlich-Peterson isotherms describing sorption equilibrium data best. The coal fly ash had maximum sorption capacity of 53 mg/g and could thus be used as a low cost adsorbent in melanoidin removal.
Abstract: The Long-range Energy and Alternatives Planning (LEAP) energy planning system has been developed for South Africa, for the 2005 base year and a limited number of plausible future scenarios that may have significant implications (negative or positive) in terms of environmental impacts. The system quantifies the national energy demand for the domestic, commercial, transport, industry and agriculture sectors, the supply of electricity and liquid fuels, and the resulting emissions. The South African National Energy Research Institute (SANERI) identified the need to develop an environmental assessment tool, based on the LEAP energy planning system, to provide decision-makers and stakeholders with the necessary understanding of the environmental impacts associated with different energy scenarios. A comprehensive analysis of indicators that are used internationally and in South Africa was done and the available data was accessed to select a reasonable number of indicators that could be utilized in energy planning. A consultative process was followed to determine the needs of different stakeholders on the required indicators and also the most suitable form of reporting. This paper demonstrates the application of Energy Environmental Sustainability Indicators (EESIs) as part of the developed tool, which assists with the identification of the environmental consequences of energy generation and use scenarios and thereby promotes sustainability, since environmental considerations can then be integrated into the preparation and adoption of policies, plans, programs and projects. Recommendations are made to refine the tool further for South Africa.
Abstract: Response to the public health-related emergencies is analysed here for a rural university in South Africa. The structure of the designated emergency plan covers all the phases of the disaster management cycle. The plan contains elements of the vulnerability model and the technocratic model of emergency management. The response structures are vertically and horizontally integrated, while the planning contains elements of scenario-based and functional planning. The available number of medical professionals at the Rhodes University, along with the medical insurance rates, makes the staff and students potentially more medically vulnerable than the South African population. The main improvements of the emergency management are required in the tornado response and the information dissemination during health emergencies. The latter should involve the increased use of social media and e-mails, following the Taylor model of communication. Infrastructure must be improved in the telecommunication sector in the face of unpredictable electricity outages.
Abstract: Sweet potato products are necessary for the provision
of essential nutrients in every household, regardless of their poverty
status. Their consumption appears to be highly influenced by socioeconomic
factors, such as malnutrition, food insecurity and
unemployment. Therefore, market availability is crucial for these
cultivars to resolve some of the socio-economic factors. The aim of
the study was to investigate market availability of sweet potato
cultivars in the North West Province. In this study, both qualitative
and quantitative research methodologies were used. Qualitative
methodology was used to explain the quantitative outcomes of the
variables. On the other hand, quantitative results were used to test the
hypothesis. The study used SPSS software to analyse the data. Crosstabulation
and Chi-square statistics were used to obtain the
descriptive and inferential analyses, respectively. The study found
that the Blesbok cultivar is dominating the markets of the North West
Province, with the Monate cultivar dominating in the Bojanala
Platinum (75%) and Dr Ruth Segomotsi Mompati (25%) districts. It
is also found that a unit increase in the supply of sweet potato
cultivars in both local and district municipal markets is accompanied
by a reduced demand of 28% and 33% at district and local markets,
respectively. All these results were found to be significant at p
Abstract: South Africa is facing a crisis with not being able to produce enough graduates in the scarce skills areas to sustain economic growth. The crisis is fuelled by a school system that does not produce enough potential students with Mathematics, Accounting and Science. Since the introduction of the new school curriculum in 2008, there is no longer an option to take pure maths on a standard grade level. Instead, only two mathematical subjects are offered: pure maths (which is on par with higher grade maths) and mathematical literacy. It is compulsory to take one or the other. As a result, lees student finishes Grade 12 with pure mathematics every year. This national problem needs urgent attention if South Africa is to make any headway in critical skills development as mathematics is a gateway to scarce skills professions. Higher education institutions initiated several initiatives in an attempt to address the above, including preparatory courses, bridging programmes and extended curricula with foundation provisions. In view of the above, and government policy directives to broaden access in the scarce skills areas to increase student throughput, foundation provision was introduced for Commerce and Information Technology programmes at the Vaal Triangle Campus (VTC) of North-West University (NWU) in 2010. Students enrolling for extended programmes do not comply with the minimum prerequisites for the normal programmes. The question then arises as to whether these programmes have the intended impact? This paper reports the results of a two year longitudinal study, tracking the first year academic achievement of the two cohorts of enrolments since 2010. The results provide valuable insight into the structuring of an extended programme and its potential impact.
Abstract: Underpricing is one anomaly in initial public offerings
(IPO) literature that has been widely observed across different stock
markets with different trends emerging over different time periods.
This study seeks to determine how IPOs on the JSE performed on the
first day, first week and first month over the period of 1996-2011.
Underpricing trends are documented for both hot and cold market
periods in terms of four main sectors (cyclical, defensive, growth
stock and interest rate sensitive stocks). Using a sample of 360 listed
companies on the JSE, the empirical findings established that IPOs
on the JSE are significantly underpriced with an average market
adjusted first day return of 62.9%. It is also established that hot
market IPOs on the JSE are more underpriced than the cold market
IPOs. Also observed is the fact that as the offer price per share
increases above the median price for any given period, the level of
underpricing decreases substantially. While significant differences
exist in the level of underpricing of IPOs in the four different sectors
in the hot and cold market periods, interest rates sensitive stocks
showed a different trend from the other sectors and thus require
further investigation to uncover this pattern.
Abstract: Risk of infectious disease outbreaks is related to the
hygiene among the population. To assess the actual risks and modify
the relevant emergency procedures if necessary, a hygiene survey
was conducted among undergraduate students on the Rhodes
University campus. Soap was available to 10.5% and only 26.8% of
the study participants followed proper hygiene in relation to food
consumption. This combination increases the risk of infectious
disease outbreaks at the campus. Around 83.6% were willing to wash
their hands if soap was provided. Procurement and availability of
soap in undergraduate residences on campus should be improved, as
the total cost is estimated at only 2000 USD per annum. Awareness
campaigns about food-related hygiene and the need for regular handwashing
with soap should be run among Rhodes University students.
If successful, rates of respiratory and hygiene-related diseases will be
decreased and emergency health management simplified.
Abstract: Surface water pollution is one of the serious
environmental problems in rural areas of South Africa due to
discharge of household waste into the streams, turning them into
open sewers. In this study, samples of water were collected from a
stream in Soshanguve and analysed. The result showed that pollution
in the area was caused by man and its activities. The water quality in
the area was found to have deterioted significantly after water runoff
from farms and household wastes. The result shows, fertilizer runoff
contributes 50% of the pollution while pesticides and sediments
contribute up to 10% respectively in the streams, while household
waste contributes up to 30%. This study gives an outline of the
sources of water pollution in the area and provides a process of
creating a clean and unpolluted environment for Soshanguve
community in Pretoria north in order to achieve the 7th aim of the
millennium development goals by 2015, which is ensuring
environmental sustainability.
Abstract: The remediation of water resources pollution in
developing countries requires the application of alternative
sustainable cheaper and efficient end-of-pipe wastewater treatment
technologies. The feasibility of use of South African cheap and
abundant pine tree (Pinus patula) sawdust for development of lowcost
AC of comparable quality to expensive commercial ACs in the
abatement of water pollution was investigated. AC was developed at
optimized two-stage N2-superheated steam activation conditions in a
fixed bed reactor, and characterized for proximate and ultimate
properties, N2-BET surface area, pore size distribution, SEM, pHPZC
and FTIR. The sawdust pyrolysis activation energy was evaluated by
TGA. Results indicated that the chars prepared at 800oC and 2hrs
were suitable for development of better quality AC at 800oC and 47%
burn-off having BET surface area (1086m2/g), micropore volume
(0.26cm3/g), and mesopore volume (0.43cm3/g) comparable to
expensive commercial ACs, and suitable for water contaminants
removal. The developed AC showed basic surface functionality at
pHPZC at 10.3, and a phenol adsorption capacity that was higher than
that of commercial Norit (RO 0.8) AC. Thus, it is feasible to develop
better quality low-cost AC from (Pinus patula) sawdust using twostage
N2-steam activation in fixed-bed reactor.
Abstract: The fact that traditional food safety system in the
absence of food safety culture is inadequate has recently become a
cause of concern for food safety professionals and other stakeholders.
Focusing on implementation of traditional food safety system i.e
HACCP prerequisite program and HACCP without the presence of
food safety culture in the food industry has led to the processing,
marketing and distribution of contaminated foods. The results of this
are regular out breaks of food borne illnesses and recalls of foods
from retail outlets with serious consequences to the consumers and
manufacturers alike. This article will consider the importance of food
safety culture, the cases of outbreaks and recalls that occurred when
companies did not make food safety culture a priority. Most
importantly, the food safety cultures of some food industries in South
Africa were assessed from responses to questionnaires from food
safety/food industry professionals in Durban South Africa. The
article was concluded by recommending that both food
industry employees and employers alike take food safety culture
seriously.
Abstract: Abstraction of water from the dry river sand-beds is
well-known as an alternative source of water during dry seasons.
Internally, because of the form of sand particles, voids are created
which can store water in the riverbeds. Large rivers are rare in South
Africa. Many rivers are sand river types and without water during the
prolonged dry periods. South Africa has not taken full advantage of
water storage in sand as a solution to the growing water scarcity both
in urban and rural areas. The paper reviews the benefits of run-off
storage in sand reservoirs gained from other arid areas and need for
adoption in rural areas of South Africa as an alternative water supply
where it is probable.
Abstract: Fisheries management all around the world is
hampered by the lack, or poor quality, of critical data on fish
resources and fishing operations. The main reasons for the chronic
inability to collect good quality data during fishing operations is the
culture of secrecy common among fishers and the lack of modern
data gathering technology onboard most fishing vessels. In response,
OLRAC-SPS, a South African company, developed fisheries datalogging
software (eLog in short) and named it Olrac. The Olrac eLog
solution is capable of collecting, analysing, plotting, mapping,
reporting, tracing and transmitting all data related to fishing
operations. Olrac can be used by skippers, fleet/company managers,
offshore mariculture farmers, scientists, observers, compliance
inspectors and fisheries management authorities. The authors believe
that using eLog onboard fishing vessels has the potential to
revolutionise the entire process of data collection and reporting
during fishing operations and, if properly deployed and utilised,
could transform the entire commercial fleet to a provider of good
quality data and forever change the way fish resources are managed.
In addition it will make it possible to trace catches back to the actual
individual fishing operation, to improve fishing efficiency and to
dramatically improve control of fishing operations and enforcement
of fishing regulations.
Abstract: High-voltage power transmission lines are the back
bone of electrical power utilities. The stability and continuous
monitoring of this critical infrastructure is pivotal. Nine-Sigma
representing Eskom Holding SOC limited, South Africa has a major
problem on proactive detection of fallen power lines and real time
sagging measurement together with slipping of such conductors. The
main objective of this research is to innovate RFID technology to
solve this challenge. Various options and technologies such as GPS,
PLC, image processing, MR sensors and etc., have been reviewed
and draw backs were made. The potential of RFID to give precision
measurement will be observed and presented. The future research
will look at magnetic and electrical interference as well as corona
effect on the technology.
Abstract: Green- spaces might be very attractive, but
where are the economic benefits? What value do nature and
landscape have for us? What difference will it make to jobs,
health and the economic strength of areas struggling with
deprivation and social problems? [1].There is a need to consider
green spaces from a different perspective. Green planning is not just
about flora and fauna, but also about planning for economic benefits
[2]. It is worth trying to quantify the value of green spaces since
nature and landscape are crucially important to our quality of life and
sustainable development. The reality, however, is that urban
development often takes place at the expense of green spaces.
Urbanization is an ongoing process throughout the world; however,
hyper-urbanization without environmental planning is destructive,
not constructive [3]. Urban spaces are believed to be more valuable
than other land uses, particular green areas, simply because of the
market value connected to urban spaces. However, attractive
landscapes can help raise the quality and value of the urban market
even more. In order to reach these objectives of integrated planning,
the Green-Value-Gap needs to be bridged. Economists have to
understand the concept of Green-Planning and the spinoffs, and
Environmentalists have to understand the importance of urban
economic development and the benefits thereof to green planning. An
interface between Environmental Management, Economic
Development and sustainable Spatial Planning are needed to bridge
the Green-Value-Gap.
Abstract: Due to the legacy of apartheid segregation South Africa remains a divided society where most voters live in politically homogenous social environments. This paper argues that political discussion within one’s social context plays a primary role in shaping political attitudes and vote choice. Using data from the Comparative National Elections Project 2004 and 2009 South African post-election surveys, the paper explores the extent of social context partisan homogeneity in South Africa and finds that voters are not overly embedded in homogenous social contexts. It then demonstrates the consequences of partisan homogeneity on voting behavior. Homogenous social contexts tend to encourage stronger partisan loyalties and fewer defections in vote choice while voters in more heterogeneous contexts show less consistency in their attitudes and behaviour. Finally, the analysis shows how momentous sociopolitical events at the time of a particular election can change the social context, with important consequences for electoral outcomes.
Abstract: The aim of this study was to investigate ammonium
exchange capacity of natural and activated clinoptilolite from
Kwazulu-Natal Province, South Africa. X – ray fluorescence (XRF)
analysis showed that the clinoptilolite contained exchangeable ions
of sodium, potassium, calcium and magnesium. This analysis also
confirmed that the zeolite sample had a high silicon composition
compared to aluminium. Batch equilibrium studies were performed
in an orbital shaker and the data fitted the Langmuir isotherm very
well. The ammonium exchange capacity was found to increase with
pH and temperature. Clinoptilolite functionalization with
hydrochloric acid increased its ammonia uptake ability.