Faculty of Commerce, Law and Management (ETDs)

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    Challenges of Entering New Pharmaceutical Markets in Nigeria and Ghana
    (University of the Witwatersrand, Johannesburg, 2024) Motshoane, Thato Sebabatso
    Background: The pharmaceutical market is renowned for its stringent regulations and continuous production of superior drugs and products intended for human consumption. This study investigates the regulatory landscape of two African countries, namely Nigeria and Ghana, and the challenges of entering these economies as a result of the absence of regulatory harmonisation. The goal is to establish a regulatory framework that will facilitate the introduction of novel medicines and medical supplies into the market. Method: The research methodology employed involved the collection, processing, and evaluation of empirical evidence. The chosen strategy was qualitative research. Results: Entering new or foreign pharmaceutical market requires careful consideration, planning, and abiding by the regulatory requirements of the respective countries. Sustained prosperity will be guaranteed by enhancements in quality control and partnerships with local distributors and manufacturers. Partnering with local consultants who are familiar with the regulatory landscape, as well as local laws and policies is crucial. Lastly, it is important to be familiar with regulatory requirements from NAFDAC and the FDA to ensure ongoing compliance with evolving regulations. Conclusion: Improving the local pharmaceutical market in both countries encourages the entry of foreign international pharmaceutical corporations, thus stimulating the economy of both nations. Local pharmaceutical companies in Ghana and Nigeria can strengthen their competitive edge by increasing barriers to entry. This can be achieved by raising the calibre of goods produced, increasing operational effectiveness, lowering production costs, and engaging in local innovation initiatives. Locals should maximize local government subsidies while utilizing the local context, including the nation's culture and consumer base to their advantage
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    Misalignment between government planning and budgeting in Limpopo department of economic development, environment and tourism
    (University of the Witwatersrand, Johannesburg, 2022) Mahlatji, Elizabeth Sarona; Malindini, Kholiswa
    Prior to 1994 in South Africa, strategic planning and budgeting processes were fragmented. However, in the post-1994 democratic dispensation, the South African government introduced certain strategic planning and budgeting reforms. The aim of these reforms was to ensure alignment between government planning and budgeting processes to enhance service delivery, as well as the effective and efficient utilisation of resources. These reforms included the introduction of various policy frameworks, structures, and systems to guide planning and budgeting. The purpose of this research was to assess the factors contributing to misalignment between strategic planning and budgeting and challenges this presents in the execution of government programs in LEDET. The study employed the organisational alignment theory to guide the development of this empirical journey stressing the integration of various functional areas within an organisation to enhance performance. A qualitative research approach was employed and a total of 13 senior and middle management officials within the chosen case study participated in the study. Participants were purposefully sampled for semi-structured interviews so as to provide rich information relevant to the phenomenon under investigation due to the experience and knowledge they possess relating to the subject. A thematic data analysis method was used to analyse the primary data and formulate the themes. Some of the findings of this study indicate that, despite the government reforms to ensure alignment between planning and budgeting, misalignment still persists. This misalignment impacts negatively on effective and efficient utilisation of government resources in terms of budget and achievement of planned developmental programs and projects for improved organisational performance. The study further discovered that misalignment between government planning and budgeting is due to both internal and external factors. Internally, misalignment between planning and budgeting is as a result of parallel processes by planning and budgeting units with no efforts for synchronisation. There is duplication of functions that existed for a long time between the department and some state owned entities which has a bearing on allocation of limited resources. In addition, the study found that evaluations of departmental programs and projects to determine their impact on the plight of the poor people and also to inform future planning and budgeting are not conducted. Furthermore, a lack of strategic leadership contributes to the misalignment between planning and budget, as sometimes things are done just for compliance, rather than for improving the quality of the processes to ensure synchronisation. It may be necessary to deploy effective planning and budgeting processes to enhance alignment, support the evaluation of departmental programs and projects to inform future planning and budgeting
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    Implementation of Knowledge Management to improve performance in national government departments in South Africa
    (University of the Witwatersrand, Johannesburg, 2023) Kwadjo, Mittah Lebogang; Stacey, Anthony
    Government Departments are still lagging behind in implementing Knowledge Management. Managing knowledge is critical to the success and longevity of any business. Whilst the private sector is gaining traction in this management practice, government is still behind. The benefits of knowledge management are improved decision making, increased innovation and business efficiency. The unique barriers to implementing Knowledge Management in government departments warrant investigation. The purpose of this research was to identify barriers to implementing knowledge management processes and systems in national government departments in South Africa and to rate the extent of significance to knowledge management implementation. Methodology used to collect data was an online survey questionnaire. The sample was taken from the population of National Department of Transport employees, and results generalised to all national government departments. Thirty-five (35) statements on a 7-point Likert scale were used. Using Principal Component Analysis, 6 components were extracted and analysed. The 6 components were 1) strength of knowledge management leadership 2) departmental support of knowledge management, 3) level of employee interaction, 4) use of technology, 5) accessibility of technology and 6) level of team work. Seventy-five (75) participants, who were managers, senior managers and knowledge experts responded to the questionnaire. The study found that the barriers to knowledge management were strength of knowledge management leadership, level of employee interaction, departmental support, and use of technology. The study also identified the most significant barriers in implementing knowledge management in government departments were the “strength of knowledge management leadership” and the “level of employee interaction”. A further study on leadership in government departments in implementing knowledge management in recommended. Future research examining the level of interaction among government employees related to increased sharing of tacit knowledge is also recommended
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    Weaknesses in the legislation for tax avoidance and tax evasion in South Africa and suggested improvements
    (University of the Witwatersrand, Johannesburg, 2021) Naidoo, Katelynne Ann
    ‘Tax avoidance and tax evasion threaten government revenues’ (OECD n.d.). As the globalization of domestic and international trade continually increases, tax evasion remains a hurdle for governments around the globe (OECD 2017a:9). Governments rely on tax collections primarily to finance economic expenditure; however, governments face a huge loss of revenue through tax evasion at different levels (OECD 2014:91). It is submitted that stringent tax collections are imperative for South Africa as a developing country. An examination of the difference between tax avoidance and tax evasion will be performed given that the difference is often perceived to be faint (Davidov 2016:1). The main aim of the study is to examine the weaknesses in the legislation for tax avoidance and tax evasion in SA and suggest improvements. An analysis of the role of the government, the Organisation for Economic Co-operation and Development (OECD), and other countries towards adopting a holistic approach to designing policies to prevent tax avoidance and tax evasion will be performed. Tax avoidance, harmful practices and aggressive tax planning must be tackled (African Tax Administration, African Union and OECD 2021:18).