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1 – 3 of 3Bekithemba Mpofu, Edward Godfrey Ochieng, Cletus Moobela and Adriaan Pretorius
A voluminous amount of research has been conducted on project delay in the recent past; however, the persistence of the problem demands that a relentless quest for solutions is…
Abstract
Purpose
A voluminous amount of research has been conducted on project delay in the recent past; however, the persistence of the problem demands that a relentless quest for solutions is upheld. It can be argued that the problem is likely to be more pronounced in areas where development pressure is the highest. One such area is the United Arab Emirates (UAE) where the construction industry is said to have reached an unparalleled position in the last decade. The purpose of this paper is to identify the most significant causes of delays in the UAE construction industry.
Design/methodology/approach
A survey was conducted targeting three key types of stakeholders, namely clients, contractors and consultants. Validity and reliability were achieved by first assessing the plausibility of construction delay variables in UAE. The verification took place after the interpretation of quantitative data, this involved presenting the findings to the main participants. The validation took place after the verification process. Rigour was achieved by engaging participants previously engaged in UAE and focussing on verification and validation, this included responsiveness of the researchers during group discussions, methodological coherence, appropriate sampling frame and data analysis.
Findings
From the analysis, the study unveiled a number of important causes of construction delays in the UAE, ranging from unrealistic contract durations to poor labour productivity, with consultants and clients seemingly shouldering the bulk of the “blame game”. It was evident that all the three main stakeholders in a construction project (clients, consultants and contractors) need to change their existing practices in order to ensure timely delivery of projects. The research also confirms that delays are country specific and appear to be time related hence they should be viewed within the social, economic and cultural settings of the UAE.
Research limitations/implications
A major limitation of the current study was the use of a single approach to facilitate data collection.
Practical implications
It was evident that practitioners need to change their existing practices in order to ensure timely delivery of projects. Continuous coordination and relationship between practitioners are required through the project life cycle in order to solve problems and develop project performance.
Originality/value
As suggested in this study methods should be put in place to reduce long and bureaucratic processes within the client’s organisations, not only to fulfil the requirements of the contract but also to suite fast-track projects.
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Khulod Elsahati, Edward Godfrey Ochieng, Tarila Zuofa, Ximing Ruan and Bekithemba Mpofu
In recent times, electricity as one of the most important energy sources has witnessed considerable decreases in consumption figures. These cutbacks have been mainly due to the…
Abstract
Purpose
In recent times, electricity as one of the most important energy sources has witnessed considerable decreases in consumption figures. These cutbacks have been mainly due to the growing increasing living standards, minimal governance and political fracture. Thus, this paper aims to appraise the supply of electricity side in an attempt to propose a sustainable electricity framework.
Design/methodology/approach
The reviewed literature identified a gap within the previous literature which had not previously been investigated; however, to carry out the investigation, a research strategy had to be formulated. Twenty semi-structured interviews were carried out with managers, engineers and electrical professionals. Prior to the commencement of the main study, a preliminary pilot study was carried out among ten senior practitioners in the General Electric Company of Libya. The purpose of the pilot study was to assess clarity of questions, timing and suitability of the respondents for the study, and to establish its reliability and validity.
Findings
From the aspect of the demand, the study found that there was a diverse set of factors that affect electricity demand in Libya. These included the average real price of electricity, the real value of the imported electrical appliances, gross domestic product, population, the temperature difference and the lagged electricity demand. Secondly, from the aspect of electricity supply, the study found that there was a diverse set of factors that affect electricity projects in Libya or even the development of existing projects. These factors included electricity demand, political effects, recession, oil prices and improved development of other infrastructure.
Research limitations/implications
Due to limitations in time and cost, political instability in the country and the lack of security, the entire analysis was only of the demand for electricity in Libya based on data collected from secondary sources and primary data resources. The ordinary least squares method of regression used for the purpose of quantitative analysis only included the factors related to the demand for electricity in Libya. It is worth noting that the research work did not include any quantitative analysis that comprised factors related to the supply of electricity in the country. Such an analysis could have technically carved the ways to augment the supply of electricity. Therefore, the context of the research work is one-sided that focuses primarily on the demand.
Practical implications
The problem confronting development of electricity projects in Libya has three components: The first is the national significance of the projects as a physical resource. The second is the conflict arising politically from within. The third is the lack of consideration given to the specific resource management issues associated with the projects within the government plans and policy statements. In addition, participants further claimed that there were three more independent factors that could affect the level of electricity demand in Libya. These were urbanisation, industrialisation and literacy rates.
Social implications
The participants also believed that as the rate of socio-economic development increases, the demand for electricity is expected to rise. Urbanisation, industrialisation and literacy rates are some of the developments which will exert more demand pressure on the electricity supply. The participants claimed that the government should take into account the urbanisation rates in Libya in the energy policy formulation. Electricity companies can also take a cue from the urbanisation trends and other socio-economic developments to plan the delivery of electricity according to the rising demand.
Originality/value
This study appraised the supply of electricity side in Libya and proposed a sustainable framework that could be used by policymakers to address energy demand issues in Libya.
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Bekithemba Mpofu, Cletus Moobela and Prisca Simbanegavi
This research aims to ascertain the extent to which the coronavirus disease 2019 (COVID-19) epidemic affected the relationship between inflation and real estate investment trusts…
Abstract
Purpose
This research aims to ascertain the extent to which the coronavirus disease 2019 (COVID-19) epidemic affected the relationship between inflation and real estate investment trusts (REITs) returns in South Africa.
Design/methodology/approach
This research used the Johansen cointegration test and effective test in establishing if there is a long-run cointegrating equation between the variables. To ascertain if COVID-19 resulted in a different relationship regime between inflation and REITs returns, the sequential Bai–Perron method was used.
Findings
Between December 2013 and July 2022, there was no evidence of a long-run relationship between inflation and REITs returns, and a restricted vector autoregressive (VAR) model with a period lag for each variable best describing the relationship. Using the sequential Bai–Perron method, for one break, the results show February 2020 as a structural break in the relationship. A cointegrating equation is also found for the period before the structural break and another after the break. Interestingly, the relationship is negative before the break and a new positive relationship (regime) is confirmed after the noted break.
Practical implications
This research helps REITs stakeholders to position themselves in light of any changes to macroeconomic activity within South Africa.
Originality/value
This is one of the first studies to test inflation relationship with REITs returns in South Africa and the effects of COVID-19 thereof. This research helps REITs stakeholders to position themselves in light of any changes to macroeconomic activity within South Africa.
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