Abstract: This chapter introduces the concept of financial globalization and examines the factors driving financial globalization in emerging and developing market economies. The role of financial globalization in driving the development and strengthening of the financial sector, sustainable economic growth, and the nature of innovations are explored. On a broader scale, there is a need to understand the developments in global financial innovation and their implications for developing and em...
Abstract: Zimbabwe experienced hyperinflation (2000-2008) followed by dollarization from 2009 onwards which had implications on dividend policy. In this context, this study isolates the main determinants and examines their behaviour across the distribution of dividend policy. The study employs quantile regression analysis and a sample of 30 firms listed on the Zimbabwe Stock Exchange (ZSE), covering the period 2000 to 2016. The fixed effects (FE) analysis is applied as a base model. The m...
Abstract: Academic discourse has given much attention to crisis management, a logical trend given that crises have profound implications on businesses and on consumers’ behaviour. A core premise that has featured prominently, and indeed remains a core research interest, is public health-related crisis. Underpinned on that business and consumers’ behaviour implication foundation, this study aims to contribute to the public health crisis management literature, albeit from a retail mark...
Abstract: It is conspicuous that the mainstream financial system in the EU is transforming into a sustainable financial system by a supra/national policy and institutional framework for meeting the goals of SDGs and the targets of the Paris Agreement for climate change together with Nationally Determined Contribution. However, Botswana or Sri Lanka has no such framework. Hence, a need of the hour has arisen to evaluate the sustainable finance policies in Botswana, Sri Lanka, together with t...
Abstract: Most of the knowledge-based economies (KBEs) operate in a neoclassical economic model that does not recognize the importance of natural resources and sustainability beyond the market forces. In contrast, KBEs that rely on endogenous factors harmonize with the enlightened anthropocentrism for sustainable development with scientific and technical abilities to design the ecological system for infusing human values into nature. For example, the Quintuple Helix Model of Innovation. In t...
Abstract: This paper explores the inter-connectedness of remittances and financial development and how their associated covariates such as savings, investment, money supply and economic growth are impacted by this relationship. The study employs a panel vector autoregression (P-VAR) estimation technique, and the generalized methods of moments (GMM) are applied after removing fixed effects and lagged regressors are used as instruments to have consistent estimators. The main findings of the st...
Abstract: The quest for the diversification of Botswana’s mineral-led economy necessitates an examination of other performing ones such as the Tourism-Transport and Finance-Consulting small service sectors which have been identified as also contributing immensely to its economy. So, this paper investigates variations in market orientation and performance among small service firms in Botswana. In more specific terms, it involves analysis of variations with regard to tourism-transport and fi...
Abstract: The research investigates into the impediments and the best practice use of derivatives in Zimbabwe, Botswana and South Africa. The research has been based on a mixed method research approach. The significance of the study has been to identify the gaps in the use of derivatives and the factors that have given rise to the gaps. It has been revealed that Banks in Zimbabwe only use the simple forward agreements derivative to hedge risk. In Botswana only simple forward agreements, fore...
Abstract: The main objective of the study was to investigate the role of motivation on students and teachers looking further within corridors of Limkokwing University, Botswana. The study looked further on identifying factors that influenced performance of teachers and students in higher education as well as investigating motivation strategies that can be employed within the education sector to better academic performance. The study adopted a case study design using qualitative technique. Th...
Abstract: This study investigated critical factors influencing the performance of small businesses in Lesotho. A sample of owners/managers of small firms completed the questionnaires which helped to arrive at a successful outcome. A review of literature and inquisitiveness was the basis for the conception and foundation of the research study. The researcher gave a background information of small firms business in Lesotho and went further to discuss some theories which helped to get a better ...
Abstract: Many projects are initiated but few are completed on budget, on schedule, and on the scope of the initial project concept. Proper planning largely determines successful implementation of any project because without it, the strategic goals remain unattainable. The main objective of this study was to examine the factors that impede the successful implementation of construction projects at WT Business Group in Namibia. This study adopted an interpretivist research philosophy and a qua...
Abstract: The scope of the study was to ascertain the viability of the cruise taxi business in Francistown metropolis. The business is dominated by black entrepreneurs supported by local authority to ply the metropolitan routes. A semi-structured questionnaire was introduced and issued to commuters who were randomly selected on their way to pick a taxi at their terminus. Collected data were analysed using IBM SPSS Statistics ver. 26. A Cruise taxi driver’s level of education influenced tim...
Abstract: Quality service provision remains elusive for most organizations. Like other government services before, LAPCAS was initiated as an information technology tool to improve service delivery to members of the public. This study evaluates the initiatives used to market and publicize this project and the success rates of those initiatives. To gauge the perception of the public to this initiative, the study measures the service experiences of a sampling of members of the public at three ...
Abstract: The satisfactory performance of small and medium enterprises hinges on many factors that include employees, information technology, organizational structure, and organisational culture. These aforementioned elements are collectively known as knowledge infrastructure capabilities. They are instrumental in helping organisations to develop the required competitive strengths. The study focuses on Redman Consulting (Pty) Ltd. The main objective of the study was to investigate the role t...
Abstract: Projects have important contributions in the development of the economic landscape of any country. This research study was to identify factors causing project failure in the case of Botswana from the contractors’ perspective. The quantitative survey conducted highlighted how the contractors agreed in ranking these causes. The questionnaire that was used to collect data was subdivided into three sections. The questionnaire was emailed to contractors after gathering their informati...