Faculty of Management Sciences
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Item Effects of the Covid-19 pandemic on academics’ work-life balance, psychological well-being, turnover intention and productivity(Richtmann Publishing, 2023-01-01) Shange, Ellen Mzwakhe; Nyide, Celani JohnAchieving a good work-life balance leads to being an employer of choice as well as attracting the best employees. The same can be said of academia, where having a well-balanced work-life balance can contribute to attracting, developing, and retaining suitably qualified academics. In this study, the aim is to examine the effects of the COVID-19 pandemic on academics’ work-life balance, psychological well-being, and productivity. The contribution of this study is towards establishing strategies that can be adopted to mitigate the effects of the COVID-19 pandemic on work-life balance, psychological wellbeing, and academic productivity. A quantitative approach was adopted, and the target population consisted of academics from a selected university of technology in KwaZulu-Natal, South Africa. This study employed the structural equation modelling (SEM) technique, and the data was analysed using AMOS 27 statistical software. The results obtained revealed that the majority of academics still work longer hours than is normally expected. Academics were found to have less time to spend with their families and loved ones than is considered typical in the literature for achieving a healthy work-life balance. There is evidence to show that poor psychological well-being of academics strengthens or moderates the effects of work-life balance on academic productivity, with beta = -0.232† (p < 0.100). Furthermore, the findings revealed that academics felt they did not have control over the reduction of their stress levels caused by the heavy workloads placed on them.Item The adoption of financial technology to improve the financial capability of peri-urban teachers(2023-01-01) Jali, Nkosinathi Prince; Nyide, Celani JohnThere is a need for more studies exploring how financial technology tools can enhance the financial skills of teachers in peri-urban areas of South Africa. This study aimed to investigate how financial technology can enhance the financial skills of teachers living in peri-urban areas. Exploring the adoption patterns, challenges, and impact of fintech in this context could provide valuable insights to scholarly research and educational policy. The study utilised a positivism research paradigm with a questionnaire survey as the research instrument. 246 high school teachers took part in the study and were chosen through systematic random sampling. The research results showed that most teachers in peri-urban areas had a strong understanding of financial technology. They utilised this information to participate in online shopping, complete electronic bill payments, and carry out cash transactions over the internet. In addition, their proficiency in financial technology allowed them to utilise online financial services, resulting in them favouring internet banking as the most convenient banking method over branch banking and ATM services. Nevertheless, these educators raised issues regarding the security risks linked to internet banking, highlighting the possibility of online hacking or scams leading to financial losses.Item The interplay between financial literacy, financial technology and financial behaviour of high school teachers in an emerging economy(Richtmann Publishing, 2023-07-01) Jali, Nkosinathi Prince; Nyide, Celani John; Stainbank, Lesley JuneThis study examined the influence of financial literacy and financial technology on the financial behaviour of high school teachers in an emerging economy. The use of financial technology comes with widely documented advantages, however, the increasing diversity of financial technology products available is found to have complicated many people in emerging economies. The availability of information has made it easier for people to make irresponsible financial decisions, which have resulted in higher levels of debt. While teachers play a meaningful role in financial literacy education, research points out they still need to undergo financial literacy education themselves in order to improve their financial management expertise, more so in the digital era. A scientific questionnaire was distributed to 246 high school teachers who were chosen on a probability basis using systematic random sampling. The research data were subject to correlation analysis. The results show that high school teachers have a good grasp of financial technology, and they possess strong financial literacy skills. The correlation analysis indicated that financial literacy skills are the most important attribute influencing financial behavior of high school teachers.Item Financial bootstrapping as a sustainable livelihood alternative for agricultural co-operatives in an emerging economy(Virtus Interpress, 2024) Zwane, Bonginkosi Keith; Nyide, Celani John; Sikwela, Misery; Mantzaris, Evangelos; Fuyane, NkululekoThere is a scarcity of scholarly literature relating to financial bootstrapping in emerging economies, especially the use by co operatives in general and agricultural co-operatives in particular. As such, the financial bootstrapping methods used by agricultural co operatives in South Africa, an emerging economy, remain unknown (Rwekaza, 2021; Zantsi, 2021). The aim of this study is to determine the financial bootstrapping methods used by agricultural co-operatives. This study was undergirded by pragmatism, which allowed and guided the adoption of mixed-methods research. The qualitative aspect was given more priority or weight in answering the research questions, making it a quan → QUAL design. The study consisted of 52 agricultural co-operatives located in KwaZulu-Natal, South Africa. It was found that agricultural co-operatives practised some of the bootstrapping methods, especially those related to owner-related financing. However, there is little or no evidence of bootstrapping practices related to sharing resources and minimising capital invested in stock and accounts receivable. The co-operatives stifled their growth as they employed counter-bootstrapping activities caused mainly by their unsubstantiated beliefs. This research furnishes rural cooperatives with operational capital-enhancing guidelines that promote successItem Evaluation of managerial tools for preventing and controlling cyber-loafing among administrative staff : a case study of a selected municipality in KwaZulu-Natal, South Africa(Durban University of Technology, 2024) Mkhize, Nonhlanhla Beata; Nyide, Celani John; Mthalane, Peggy PinkyOrganizations have implemented systems to address cyber-loafing, but these measures are often insufficient to completely prevent employees from engaging in such activities. Consequently, the role of managers in mitigating cyber-loafing becomes crucial. However, the specific strategies employed by managers to reduce and control cyber-loafing remain unclear. This paper aims to evaluate the tools used by managers to prevent and control cyber-loafing among administrative staff in the workplace. The paper proposes effective measures to mitigate this phenomenon. The study employed a mixed-method approach, combining qualitative and quantitative research methodologies. Purposive sampling was utilized, with a sample size of 156 administrative staff for the quantitative study and 11 managers and supervisors for the qualitative segment. The quantitative data revealed that administrative staff use company internet and computers to perform cyber-loafing activities. Managers and supervisors can apply various tools, including software monitoring systems, internet policies, and employee monitoring, to control cyber-loafing activities. The General Deterrence Theory (GDT) framework was used to explain the tools used to curb cyber-loafing in the study under investigation. Additionally, other deterrent mechanisms and organisational control measures are identified and discussed in specific instances. This research contributes to a comprehensive understanding of the role of managers in addressing cyber-loafing and proposes practical tools and strategies that can be implemented by organisations to effectively mitigate this phenomenon. By enhancing managerial approaches to cyber-loafing, organisations can improve productivity and ensure a secure work environment.Item Better resource management : a qualitative investigation of environmental management accounting practices used by the South African hotel sector(AfricaJournals, 2019-08-26) Nyide, Celani JohnThe successful management of environmental impacts and environmental costs depends on the implementation of the appropriate Environmental Management Accounting practices (EMAPs). EMAPs provides a pragmatic response to the widely reported criticisms of conventional management accounting practices. This paper reports on the EMAPs evident from the hotel sector in South African, used in order to optimise of environmental costs. Purposive sampling was used to select the hotel group that met the discriminatory criterion. Considering that this study was exploratory in nature, in-depth interviews were conducted with 10 respondents after having obtained saturation. Cross-case syntheses were used to analyse data after thematic coding was performed to categorise findings from hotels under investigation. The study found that the implementation EMAPs is limited in the South African hotel sector. This is due to the fact that the implementation of these practices is voluntary at this stage and there is no awareness by the hotels of the existing framework that they can use. Moreover, there is negligible pressure from the government for the hotels to see a need to reduce their environmental impacts. Results show that hotels focus on the allocation of environmental costs to activities with the aim of determining costs created and costs avoided by the hotels' operations. In addition, the investigated hotels have developed technologies such as BMS and GEPA, not only to allocate environmental costs to activities but also to trace and record flows of energy and water. Therefore, Environmental Cost Accounting (ECA) and Material Flow Cost Accounting (MFCA) are prominently used by the investigated hotels as EMAPs. These are used for the optimisation of environmental costs and to improve the environmental performance. However, the development and implementation of new technologies that complement EMAPs were found to be a challenge because of the shortage of skilled personnel and massive investments requirement for these to be implemented.Item Constraints of young prospective tourism entrepreneurs in the semi-rural areas in KwaZulu-Natal(Africa Journals, 2019-10-17) Mbele, Kwethemba Good-present; Nyide, Celani JohnTourism is increasingly regarded as a potential catalyst for rural economic development. As it stands, the global economic situation and the progress of youth entrepreneurship in developing economies are leaving a lot to be desired. Cultural diversity, level of education, dire market standards, and grim socio-political environments are some of the factors that should be taken into consideration when aiming to create an enabling setting that will open tourism entrepreneurship opportunities for a developing country like South African. This study’s objectives are the investigation of the limitations that prevent young people from pursuing tourism entrepreneurial activities in a semi-rural area. This research was conducted in the Umdoni Local Municipal area, a semi-rural area in KwaZulu-Natal, South Africa. A sample size of 126 respondents from the selected semi-rural area was selected to participate in this study. This was achieved using a snowball sampling technique and the results were analysed using Statistical Package for Social Sciences. The study highlights that inability to secure financial support is one of the primary constraints for the setting-up of a new business. The study also found that youth support structures, such as National Youth Development Agency and the Department of Trade and Industry, that should stimulate and develop tourism entrepreneurship for the youth in the Umdoni Local Municipality area, are not accessible. This research recommends that finance for youth entrepreneurship initiatives in the tourism sector be introduced by financial institutions and access should not be tortuous. Government policies should be examined in terms of their effectiveness on entrepreneurship establishment, as well as their regulatory burden on new start-ups.Item Effective leadership styles for cooperative banks in an emerging economy(Allied Academies, 2020-07-08) Nyide, Celani JohnCo-operatives are seen as a growing tool to reduce poverty and unemployment. As such, they are the subject of government regulation in many parts of the world. However, a considerable number of co-operatives in emerging economies fail as economic enterprises and as self-help organisations beyond government support. They are unable to cope with modern economic realities due to poor administration, leadership and poor business practices. Studies are emphatic that the style of leadership has an influence on the survival of businesses. This study, therefore, investigated the leadership styles prevalent at a co-operative financial institution. This study used questionnaires as a research instrument to collect data from respondents. Questionnaires consisting test items were administered to 107 eligible participants who were selected using purposive sampling. A Kendall-Tau test was conducted to test the relationship between the leadership styles and their influence on the organisation’s performance. Findings from the primary research show that transformational leadership style is within the investigated co-operative. The results also show that there is a significant relationship between the transformational leadership style and its effectiveness in meeting job related needs. There is evidence that suggests that transformational leadership style is effective in ascertaining the investigated co-operative meets its organisational goals. This study contributes to the literature on the identification and evaluation of effective styles of leadership for cooperative banks in an emerging economy.Item SMME attitudes towards financial bootstrapping : a perspective from a developing economy(Prague Development Center, 2017) Zwane, Bonginkosi Keith; Nyide, Celani John© 2017 Prague Development Center. The national and international literature and research on SMMEs has been developed very strongly in the last decade. There have been many successful attempts on the part of many researchers and scholars to unpack new and innovative dimensions of SMMEs’ operations, behaviour, attitudes, functions and other dynamics that boost, sustain or impede their growth and development. There is, however, a gap in research, regarding a very distinct practice within SMMEs in developing economies, that of bootstrapping. This study, therefore, used a sample chosen on a non-probability basis using convenience sampling of small business owners within the eThekwini Municipality, KwaZulu-Natal, South Africa. 83 participants completed the questionnaire. The study found that the practice of financial bootstrapping was very high amongst the investigated SMMEs. The use of financial bootstrapping within SMMEs is coincidental. The majority of the respondents indicated that they did not undergo any formal training on the use of financial bootstrapping methods.Item Succession planning and staff retention challenges : an industrial outlook and major risks(Virtus Interpress, 2017) Maphisa, Sindisiwe Bonisile; Zwane, Bonginkosi Keith; Nyide, Celani JohnThe sugar manufacturing industry in the emerging economy is potentially at high risk of not achieving its goals of increasing production output. This is due to higher than average age of growers, nonexistence of effective succession planning to expedite the transition to a new generation of growers, related increasing departure of farmers from the industry and difficulty in attracting new talent to the industry due to the high cost of entry. This research sought to explore managements’ perceptions of succession planning and the impact it has on retention at a Sugar Manufacturing Company. In order to achieve the research aim and objectives, a qualitative approach was utilised in the form of an exploratory case study. A single case study was also chosen because this is a critical, unique and revelatory case and the researchers had access to the case previously inaccessible to empirical research. Purposive sampling was used and total of 15 managers participated in this study. The study found that the company is not doing enough to implement succession planning programmes even though there are potential candidates who can be trained and developed into management positions.