Andile McMorris Dube - Academia.edu (original) (raw)
Papers by Andile McMorris Dube
Future Business Journal
This paper investigates the linear and nonlinear relationship between institutional quality and r... more This paper investigates the linear and nonlinear relationship between institutional quality and renewable energy capital flows across 20 African countries between 2002 and 2017. The empirical evidence is based on the generalised method of moments estimation technique. The findings suggest that institutional quality has a significant and propelling effect on renewable energy capital flows, implying that strong institutions induce investments in renewable energy in Africa. From an extended analytical exercise, the study further shows a nonlinear inverted U-shaped relationship between institutional quality and energy capital flows. This indicates that the enhancing effect of institutional quality on energy capital flows is achieved at a certain threshold level. In the extreme case, the impact of institutional quality on energy capital flows diminishes. The study recommends that African countries initiate reforms to tame any adverse effect of institutional quality on renewable energy in...
World Journal of Surgery, 2020
African Review of Economics and Finance, 2016
Post-conflict societies, such as South Sudan are characterised by weak regulatory frameworks and ... more Post-conflict societies, such as South Sudan are characterised by weak regulatory frameworks and lack of political will to implement much needed reforms. This often impacts directly on the economy. The legal, social and financial environment is also weakened in the process, leading to the demise of key economic drivers. The small and medium enterprise (SME) sector is critical for the growth of nascent economies such as South Sudan’s. The effectiveness of SMEs as key economic drivers is amongst other things dependent on their access to credit. With only a few SME-specific credit facilities in South Sudan at the moment, it is important that these institutions adopt funding models that will suit the poor, most of whom do not have collateral and credit history. Group lending appears as a suitable model for the poor. The success of this mode of SME funding in selected jurisdictions, namely Angola, Bangladesh, Bolivia, Burundi, and Colombia underscores such a position. The socio-economic,...
The provision of finance to the poor through group lending has evolved enormously over the years ... more The provision of finance to the poor through group lending has evolved enormously over the years following the successful implementation by the Grameen Bank in Bangladesh and the BancoSol in Bolivia. Various microfinance institutions in Swaziland also adopted this model and achieved varying results. Imbita Swaziland Women’s Finance Trust Fund is the only microfinance institution that has continuously embraced this model whilst others closed down or migrated to individual lending. This paper uses Imbita as the focal organisation for the study in order to understand the adoption of group lending in Swaziland. The core objectives of the paper were to evaluate Imbita’s experience in applying this model, understanding the characteristics of the groups they lend to and how the groups manage loan repayment. Data collected from the groups suggests that Imbita has relatively succeeded in applying group lending as evidenced by the high performance of group loans compared to individual loans. This success is attributed to close monitoring of the groups and peer selection at the group formation stage. The success is coupled with a few challenges which include inaccessibility of groups, capital limitations within the organisation and non repayment of loans. A majority of the groups comprised family members, aged between 26-45 years and are involved in informal business activities. The high presence of family members in the groups negatively affects the repayment performance of a group. Groups that had known each other for a longer period (11 years and above) prior to group formation perform better in loan repayment compared to those who have known each other for a shorter period (6-10 years). Groups still struggle with ensuring repayment of loans on time by members hence they always apply pressure on members to repay. However they still maintain the joint liability obligation by paying loans on behalf of members who need help in paying their loans. However, some groups have faced dissolution and were reformed as a result of non-payment. The application of group lending still requires design and implementation improvements. Some of the design improvements include ensuring homogeneity within the groups, reducing the sizes of groups, aligning repayment periods with the nature of each particular business and collecting sufficient information on borrowers. The high presence of family members within groups needs to be discouraged to improve loan repayment performance.
Un ni iv ve er rs si it ty y o of f P Pr re et to or ri ia a Dedication My late grandmother, my s... more Un ni iv ve er rs si it ty y o of f P Pr re et to or ri ia a Dedication My late grandmother, my strength, my reason for hard work! She taught me the secrets of working hard and was a reflection of a woman s strength and left too soon. Eva Dube, she may be gone, but she will never be forgotten! iii Contents A.
Future Business Journal
This paper investigates the linear and nonlinear relationship between institutional quality and r... more This paper investigates the linear and nonlinear relationship between institutional quality and renewable energy capital flows across 20 African countries between 2002 and 2017. The empirical evidence is based on the generalised method of moments estimation technique. The findings suggest that institutional quality has a significant and propelling effect on renewable energy capital flows, implying that strong institutions induce investments in renewable energy in Africa. From an extended analytical exercise, the study further shows a nonlinear inverted U-shaped relationship between institutional quality and energy capital flows. This indicates that the enhancing effect of institutional quality on energy capital flows is achieved at a certain threshold level. In the extreme case, the impact of institutional quality on energy capital flows diminishes. The study recommends that African countries initiate reforms to tame any adverse effect of institutional quality on renewable energy in...
World Journal of Surgery, 2020
African Review of Economics and Finance, 2016
Post-conflict societies, such as South Sudan are characterised by weak regulatory frameworks and ... more Post-conflict societies, such as South Sudan are characterised by weak regulatory frameworks and lack of political will to implement much needed reforms. This often impacts directly on the economy. The legal, social and financial environment is also weakened in the process, leading to the demise of key economic drivers. The small and medium enterprise (SME) sector is critical for the growth of nascent economies such as South Sudan’s. The effectiveness of SMEs as key economic drivers is amongst other things dependent on their access to credit. With only a few SME-specific credit facilities in South Sudan at the moment, it is important that these institutions adopt funding models that will suit the poor, most of whom do not have collateral and credit history. Group lending appears as a suitable model for the poor. The success of this mode of SME funding in selected jurisdictions, namely Angola, Bangladesh, Bolivia, Burundi, and Colombia underscores such a position. The socio-economic,...
The provision of finance to the poor through group lending has evolved enormously over the years ... more The provision of finance to the poor through group lending has evolved enormously over the years following the successful implementation by the Grameen Bank in Bangladesh and the BancoSol in Bolivia. Various microfinance institutions in Swaziland also adopted this model and achieved varying results. Imbita Swaziland Women’s Finance Trust Fund is the only microfinance institution that has continuously embraced this model whilst others closed down or migrated to individual lending. This paper uses Imbita as the focal organisation for the study in order to understand the adoption of group lending in Swaziland. The core objectives of the paper were to evaluate Imbita’s experience in applying this model, understanding the characteristics of the groups they lend to and how the groups manage loan repayment. Data collected from the groups suggests that Imbita has relatively succeeded in applying group lending as evidenced by the high performance of group loans compared to individual loans. This success is attributed to close monitoring of the groups and peer selection at the group formation stage. The success is coupled with a few challenges which include inaccessibility of groups, capital limitations within the organisation and non repayment of loans. A majority of the groups comprised family members, aged between 26-45 years and are involved in informal business activities. The high presence of family members in the groups negatively affects the repayment performance of a group. Groups that had known each other for a longer period (11 years and above) prior to group formation perform better in loan repayment compared to those who have known each other for a shorter period (6-10 years). Groups still struggle with ensuring repayment of loans on time by members hence they always apply pressure on members to repay. However they still maintain the joint liability obligation by paying loans on behalf of members who need help in paying their loans. However, some groups have faced dissolution and were reformed as a result of non-payment. The application of group lending still requires design and implementation improvements. Some of the design improvements include ensuring homogeneity within the groups, reducing the sizes of groups, aligning repayment periods with the nature of each particular business and collecting sufficient information on borrowers. The high presence of family members within groups needs to be discouraged to improve loan repayment performance.
Un ni iv ve er rs si it ty y o of f P Pr re et to or ri ia a Dedication My late grandmother, my s... more Un ni iv ve er rs si it ty y o of f P Pr re et to or ri ia a Dedication My late grandmother, my strength, my reason for hard work! She taught me the secrets of working hard and was a reflection of a woman s strength and left too soon. Eva Dube, she may be gone, but she will never be forgotten! iii Contents A.