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Faculty of Management Sciences

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    The influence of property valuations on real estate investment decisions by businesses in Uganda : a literature gap
    (2023-08-10) Okumu, Benon; Chikafalimani, Samuel Herald Peter; Moyo, Sibusibo; Musinguzi, Moses; Kibwami, Nathan
    This paper describes findings of the review of literature on the influence of property valuations on real estate investment decisions by businesses in Uganda. Scoping review of accessible literature was the research approach that was applied to gather information for the paper. Results of the study revealed: lack of availability of market data; use of outdated property valuation data; external clients’ influence; unethical behaviour, negligence and professional misconduct of property valuers; lack of skills, poor education and training of property valuers; inadequate regulatory framework for the property valuation profession; and outdated property and land laws as main causes of inaccurate property valuations. Over and under-pricing of real estate, under and over-capitalization of real estate, inaccurate mortgage repayments, inaccurate property tax bills, under or over payment of building insurance premiums, wrong court decisions for real estate investments disputes, financial losses and bankruptcy, real estate market collapse and failure, and declining confidence in property valuers were identified as key consequences of inaccurate property valuations. Furthermore, the study identified: strengthening of property valuation curricula, registration of well qualified property valuers, improvement of regulatory framework for the property valuation profession, promoting accessibility of affordable new technology to improve accuracy of property valuations, reforms of outdated property and land laws, and encouragement of research to increase accuracy of property valuations as main interventions that can be implemented to improve accuracy of property valuations. Findings will support the development of a comprehensive property valuation model aimed at improving accuracy of property valuations in Uganda and elsewhere.
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    The impact of poor supervision on postgraduate students
    (Web of Science, 2015-11) Ngcwane, C.N.
    In recent years transformation has encouraged an increase in the number of postgraduate students. There is a growing concern worldwide and in South Africa about the quality of postgraduate supervision in higher education institutions and the length of time it takes postgraduate students to complete their studies. The purpose of this paper is to investigate the impact if poor supervision on postgraduate students in order to recommend necessary interventions and encourage quality supervision which benefit all stakeholders. The paper will answer the following question: What are causes and effects of poor supervision on postgraduate students in universities? Students experience different difficulties when they do their postgraduate studies. They experience traditional model of a single supervisor supervising a full-blown thesis. Some supervisors are inexperienced and others lack research method and technical skills. Students suffer silently as they fear victimisation from their so-called supervisor. Some supervisors only care about research outputs. They don’t supervise but demand that students should write articles and publish them. That benefits a supervisor than a student. All students want is to get a degree. These experiences cripple the progress of students and demotivate them. Hence, while there has been a growth in student numbers enrolling for postgraduate studies and research programmes but there has not been a substantial increase in the output of successful postgraduate students. In order to collect the required data for the study, the survey will be used. It is hoped that the data collected will enable the researcher to address the question raised. In this study, the relevant theory will be used to explain the phenomenon.