School of Accounting

Permanent URI for this community

http://hdl.handle.net/11070/3312

Browse

Now showing 1 - 20 of 40

Preliminary report on the rock engravings of Freiheit Ost (No. 80), Witvlei Namibia
(Namibia Scientific Society, 2001) Gwasira, Goodman; Kambombo, Foustina; Katjijeko, Betuel
The rock engravings of Freiheit Ost (Nu. 80) were recorded during the week of 10-15 April 2000. The objectives of the field work at the farm were to locate the art, assess the condition, record and describe them. The final product of the project would be developed guidelines fort he management, presentation and access of the sites by visitors. The fieldwork also aimed at observing the active and possible comes of decay of the engravings. The work was done under the National Monnmcnts Council Permit number 5/99. This preliminary report contains observations made during the fieldwork.
Protecting depositors and promoting financial stability in South Africa
(2003) Ngaujake, Uahatjiri; ;
Analysis of Namdeb's turnaround strategy to improve its financial performance in view of declining carats profile
(2010) Mbwale, Lorna P.
An evaluation of the relationship between corporate governance and corporate performance of public enterprises in Namibia
(2010) Chata, Tariro
Characterisation and production performance of indigenous chickens in northern Namibia regions
(2011) Petrus, Ndilokelwa P.
Farmers in all the studied regions regard poultry production as their primary source of domestic animal protein, with the domestic fowl being the most widely kept poultry species. Other uses are participation in socio - cultural ceremonies, sellingfor money and gifts. The extensive system of management is the most frequent. This system requires minimal costs, but mortalities due to disease and predation are very high, and chicken production is low and irregular. The study confirmed the use of local knowledge by some farmers (13.7) in treating diseases. However, about (64) of the interviewed rural farmers did not treat their chickens. Numbers of birds per household in the entire region visited ranged from ten to fifteen per household. The adult body weights of females were found to range from 0.95 - 1.25 kg and adult males between 1.5- 2.0 kg. Scavenging system was the mode offeeding although birds were also supplemented with unknown quantities of pearl millet and it done ones. Rudimentary housing was available for indigenous chickens in 78 of the total households visited during rainy season only. The external characteristics of indigenous chickens in the four Northern regions showed the absence of autosomal dominant gene (I) that encoded for white plumage colour. Hence the study concluded that white leghorn might not have been introduced in Namibia. The single comb typewas the commonest of the comb type observed in the chickens surveyed. 53.9 of the chickens had single comb, while 38.0 and 9.6had rose and pea combs respectively. Average heterozygosity in the sub population was 0.0453 for Oshana, 0.1384 for Omusati, 0.0718 for Ohangwena a 0.221 for Kavango and these results indicated high level of inbreeding in the population. Principal component analysis was used to determine the genetic relationship of chickens between and within the four regions. Both scatter plot and phyllogenetic tree formed four major groupings and three sub-groupings with some overlapping. Based on this, the Kavango chickens were separated from the other Northern regions chicken populations. The same was also seen on the comb types where chickens from Kavango exhibited only a single comb type while the rest of the regions had the combinations of rose, pea and single combs. The experiment on the production performance and growth response of growing indigenous chickens was done for 32 weeks using 3 dietary protein levels. The experimental chickens were offered diets and water ad libitum with high and low protein level whereas the controls were fed on locally- available feed materials. Feed intake and mortality were recorded weekly. Mortality of chicks aged between 1-8 weeks of rearing was (28), those aged between 9-21 weeks (14.4) and those aged between 21 -32 weeks (5.6). There was no significant difference (P0.05) between body weight of chickens fed on high and those that were fed on low protein diet. However, the body weight of chickens fed on low and high protein were not significantly (P0.05) higher than those in the control group. The results of the analysis showed that varyingdietary protein level had a significant effect (P0.05) on nutrients deposited in chicken carcass especially a crude protein, energy and ash. Key words: Characterization, Production system, disease, indigenous chicken, feeding and blood typing
Cash flows and operating loss in a parastatal: A study of Air Namibia for the period from 10 April 2006 to 31 March 2011
(2013) Hishitongo, Jeremia T.
The purpose of this study was to study the cash flows and operating loss in a parastatal – Air Namibia (Pty) Ltd for the period 01 April 2006 to 31 March 2011. This problem was chosen by the researcher to investigate the root causes of operational loss and cash flow problem faced by the parastatal. The study revealed that the Air Namibia (Pty) Ltd had been incurring losses for all financial years starting from 01 April 2006 to 31 March 2011. The airline’s direct operating expenses exceeded the sales revenues prohibiting the airline to breakeven. The airline needed funds to finance its operations and to be able to remain afloat. If it was not the government bailout, the national airline would have been closed and liquidated. The airline experienced going concern problem, because its liabilities exceeded the assets. Air Namibia (Pty) Ltd was the worst performing airline and was the only airline that made operational losses throughout the study period. Air Namibia (Pty) Ltd is 100 per cent owned by the government, contrasting Kenya Airways, for example, which is privately owned. The operational decisions taken by Kenya Airways are more of profit oriented, while the ones for Air Namibia (Pty) Ltd are more of social oriented and politically influenced. Kenya Airways only flies to routes which are profitable and eliminated those routes which were not profitable, while Air Namibia (Pty) Ltd would fly routes depending on the social needs irrespective whether it is profitable or not. The researcher concluded that if the management and the shareholder, which is the government, do not come up with a strategic plan that will turn around the airline operations in order to move from loss making to profitable one, the airline might continue to struggle and incur huge losses and require government bailouts in foreseeable future.
An investigation into housing finance schemes in Namibia: A case study of Otjomuise, Windhoek
(2014) Nakweenda, Twiitedululeni L.
A quantitative case study investigated the challenges encountered by low income earners in Otjomuise in raising finance for acquiring a dwelling. The simple random stratified sampling technique was used to sample the households, housing finance schemes and the commercial banks approached for the study. Using a questionnaire, the study investigated, firstly, the challenges encountered by low income earners in Otjomuise in raising finance for a dwelling through a housing finance schemes; and secondly, to understand to what extent do housing finance schemes allow low income earners in Otjomuise to provide dwellings for themselves. The study found that in spite of the challenges that the low income earners encounter in raising finance for a dwelling, they considered the housing finance schemes of being of assistance to them. The study concludes that the major challenges that low income earners in urban areas encounter in acquiring a house range from high interest rates on mortgage bonds to income and collateral requirements of financial institutions.
An investigation of factors that affect investment decisions in the tourism sector in Namibia
(University of Namibia, 2014) Katjiuongua, Olga
Around the globe, tourism has become a strategic tool for the realization of long-term developmental goals because of its impact on job creation, income generation, rural development and poverty reduction. It is regarded as a priority sector with potential for socio-economic development and social cohesion. Being a competitive industry, destinations employ innovative strategies to capture a significant market share, resulting in an increasing inflow of investment, revenue and tourists. Namibia's Vision 2030 and NDP 4 also recognize tourism as one of the strategic economic sectors which need to be promoted and marketed extensively. The country has some of the most enviable attributes that can make it a formidable competitor and an exquisite destination. However, Namibia fails to feature as a prominent investment destination and continues to rank low on various competitiveness ratings. The investment climate has on many occasions been raised as needing attention and this is evidenced by an inability to significantly draw investment particularly in the tourism industry, commensurate with the potential it offers. This study unravels why the Namibian tourism industry is struggling to draw investment albeit its potential. It interrogates the investment climate covering incentives, regulatory framework, skills, government support and characteristic features of the destination. The study used secondary and primary sources of data from tourism organizations and authorities. A questionnaire was emailed to business owners/managers while selected government officials were also interviewed. This research concludes that the investment climate in Namibia is in general neither bad nor good; it is rather moderately conducive but attractive when compared to South Africa. However, it needs major adjustments in order to attract investment. lnvestors encounter major challenges with regard to complying with business regulations as these are cumbersome, compounded by the fragmentation of a family of government support services applicable to the tourism sector. Tourism business entities are registered with the Ministry of Trade and lndustry and then with the Namibia Tourism Board, as well as the Receiver of Revenue and Social Security Commission, which applies to all sectors. Those operating in pristine wildlife areas are expected to have environmental clearances and for communal areas leasehold certificates apply, not to mention lengthy negotiations with local communities before any business activities could commence. These processes are seen by some as unnecessary red tape which increases the transaction cost of tourism businesses, discourages potential investors from pursuing investment in the country while existing investors would out of limited options persevere and attempt to stick to the rules of the game. At times, these rules entail officers soliciting bribes from investors to facilitate the issuance of certificates in a more efficient manner. Tourism has a relatively longer product development cycle and a need for targeted incentives in the initial lean. years of business in rather profound. Such incentives are the type that only government can provide. Tourism is a labour intensive business and discerning tourists' needs are dynamic, demanding services of the highest quality. This requires a skilled workforce, versatile and flexible enough to adjust to this dynamism. Namibia currently is unable to supply the needed workforce at the right time and in the quantity and quality demanded. More sponsored training opportunities need to be availed to close this demand and supply gap. Excellent customer care service is at the center of a memorable tourism experience to enable marketing through word of mouth and to generate repeat visits. The provision of good service in Namibia is sporadic and in most cases absent especially where it matters most. Specific reference is made at the points of entry into the country, where visitors are at the mercy of unfriendly officials, which creates an unpleasant first impression for visitors. Through a multi-disciplinary approach, the country can sharpen its competitive edge and earn itself a reputation for warm hospitality, rendering it a ' home away from home' . Inadequately trained and unskilled officials at strategic points of service (with specific reference to business registration) worsen the situation further as investors end up being send to and from and subjected to the interpretation of rules and procedures which varies from individual to individual based on their work experience and commitment to duty. It appears that a centralized point of service where most of these support services can be provided as well as incentivizing tourism investment would go a long way in removing a multitude of investment barriers, including better alignment of policies and legislation affecting tourism development in Namibia.
Challenges facing informal economy social security in Namibia
(University of Namibia, 2014) Tjivikua, Kenandei
The study intended to explore ways in which the financing or funding constraints faced by sse in the provision of social security benefits to the informal economy can be overcome. The study differs from other studies, g1ven that it aimed to unearth the financing constraints that may be faced by sse in the provision of social protection or security to the informal sector in Namibia and suggest strategies that may help in resolving this intricate problem and assist with transforming the economic landscape. The study is relevant and significant, because it may help in promoting essential plans and strategies in the funding of social protection or security schemes, especially for social security institutions. It would also be useful for people in the public service, policymakers and technocrats as it will assist them in understanding the dimensions of the problem of mancing social security/protection and the need for provision of social security to the informal sector better and in the execution of their responsibilities. The study employed a historical qualitative research approach. In particular, it critically examined the current provisions of social protection schemes in Namibia and fmancing thereof including those for the informal sector. Data was collected from a representative sample through the use of questionnaires and conducting interviews with key-informants from informal sector representatives, research institutions as well as a selected number of informal sector operators and workers. The study also surveyed relevant literature, which comprises of transaction records, relevant laws, regulations and policies. Present laws, regulations and policies that have shaped the state of financing of the current social security schemes have been reviewed. The provision of medical benefit (combined with health insurance), which was followed by pension benefits, were identified as critical needs of the different segments of the informal economy that need to be developed and implemented by Government and SSC. The study suggests a framework for the extension of social security coverage to informal economy in Namibia and the financing thereof. Further, it suggests that a social protection expenditure and performance review (SPER) be undertaken by the Namibian Government.
Supply-side data and measurement for financial inclusion: A case study of Namibia
(2014) Samundengu, Chinemba
Appropriate measurement, data and information are crucial pillars in facilitating the design of financial inclusion policies and interventions. The lack of reliable data is a barrier to financial inclusion and related evidence based policy making in developing nations. Whereas substantial work has been done on the gathering of demand-side financial inclusion information in Namibia through the FinScope consumer surveys of 2007 and 2011, comparatively less has been done on compiling the required supply side data. The purpose of this study is to develop the supply-side measurement and data required to support financial inclusion in Namibia and propose an appropriate framework of supply-side measurement and data in Namibia. A qualitative method is employed in this study with the case study strategy being to target the supply-side financial inclusion actors in Namibia including the commercial banks, specialized financial institutions, and registered non bank financial institutions as well as the regulatory authorities. The technique used for data collection is document analysis of annual reports, records and other publications of the identified institutions. A developed descriptive framework is used to organize the case study analysis with the content analysis being performed with the aid of the qualitative analysis software ATLAS.ti 7. The ideal financial inclusion measurement landscape, obtained using the International Finance Corporation analytical framework, is compared with the actual landscape to identify gaps in measures. The main study findings are that there is a lack of supply-side measures pertaining to usage, quality and impact perspectives of financial inclusion. It was also found that some financial inclusion policy objectives did not have corresponding indicators by which they could be consistently monitored and evaluated. The identified gaps are incorporated in a proposed framework. The study concludes that the current financial inclusion supply-side data and measurement in Namibia is inadequate to support evidence based policy making and monitoring and evaluation of financial inclusion programmes in Namibia and that an appropriate framework such as that proposed in this study would substantially improve the situation.
An assessment of the impact of human resource, organisational and institutional development on the financial performance of the municipality of Karibib
(2014) Odero, Edwins
For more than a decade, human resource, organizational and institutional developments have become indispensable dimensions of Namibia’s socio economic development agenda, particularly of her system-wide financial performance. This study was set out to explore and establish the human resource, organizational and institutional development challenges facing the Municipality of Karibib within the context of financial performance. The central argument of the study is that human resource, organizational and institutional development is in theory and practice, a means to improving local governance and provision of high quality public services that citizen’s value. Adopting an exploratory case study design, the study triangulated both secondary and primary sources of data. Primary data was collected using self –completing questionnaire and interview schedule tools covering 105 employees .Semi structured interviews also solicited views from senior officers and managers in the Municipality of Karibib. These primary sources were complemented with relevant secondary data from the organization investigated. The study result shows that the Municipality of Karibib’s human resource, organizational and institutional development policies has influenced the strategic direction of financial performance policies of the local government. Major human resource, organizational and institutional development challenges manifest three-dimensionally as policy, task organization and performance motivation induced. Addressing the human resource, organizational and institutional developments challenges has enormous strategic and financial performance implications for policy makers in the Municipality due to its reliance on external donors for funding.
Investment policy and the role of the banking sector in financing small and medium enterprises
(2015) Kapepiso, Felis M.
The aim of this thesis is to review the investment policy of the banking sector and the ease of SME access to bank finance. Secondly, to determine the extent to which bank finance contributes to the success of SMEs. This study used both qualitative and quantitative methods. In order to test the extent to which bank finance contributes to the success of SMEs the study used the Ordinary Least Square (OLS) regression method to analyze cross-sectional data. Whereas under qualitative method, descriptive research design was used; in addition both secondary and primary data was generated through face to face interviews and survey questionnaire. This study found that the most important source of money to start-up a small business is from own savings and loans borrowed from banks. Contrary to the study by (Migiro, 2005; De la Torre, MartinezPería & Schmukler, 2010; Ramsdem, 2010; Su & Sun, 2011) the evidence in this thesis indicate that access to finance is a minor obstacle in financing SMEs. However, SMEs unable to obtain access to finance cited a lack of collateral, high interest rates and loan application procedures being complicated as the main reasons. Among the ways in which SMEs could succeed are: tax relief and mentoring services. Moreover, the empirical test found that the amount of bank approved loans has a positive effect on the performance of SMEs as measured by ROA.
An analysis of compliance of selected Namibian companies with the international financial reporting standards on revenue
(University of Namibia, 2016) Milijala, Emmanuel
This thesis explores whether or not revenue recognition, measurement and disclosure practices of companies in Namibia comply with International Accounting Standards on Revenue (IAS 18 Revenue). The research problem for this study is derived from the fact that when financial statement users are analysing the financial health of a firm rely on the accuracy and reliability of financial statements issued by a firm. It is compliance with IAS 18, which enhances the reliability of financial statements. This study investigated the recognition, measurement and disclosure practices by selected private and public limited companies in Namibia. The thesis is based on a sample of fifty companies, using a qualitative approach. Primary data for this study were collected from a sample of fifty companies through a questionnaire. Secondary data were collected through content analysis of published financial statements. Survey data was analysed by grouping and coding answers and comparing them with the standards. Tables, frequencies, charts, graphs and narratives were used to present the findings. Thirty-six questionnaires were returned, achieving a response rate of seventy two (72) percent. The study found that seventy (70) percent of the selected companies are not accurately recognizing, measuring or presenting revenue in accordance with IAS 18 Revenue. The study concludes that both private and public companies in Namibia are not in full compliance with IAS 18 Revenue. Based on the findings of this study, it is recommended that further quantitative studies are undertaken using larger samples and that accountancy professional bodies should improve in the area of Continuing Professional Development (CPD) requirements.
An evaluation of the committees in four selected government ministries in Namibia
(University of Namibia, 2016) Kandandu, Angela W.
This study evaluated audit committees in the government ministries in Namibia by assessing their composition, function and regulations governing them. The study used the qualitative method. A purposive sampling method was used as the researcher selected ministries with audit committees. Thematic and content analysis was used in this study. The researcher used primary and secondary data. On primary data, interviews were conducted and recorded with a voice recorder. Secondary data were used to review the existing literature. The study found that from the 4 government ministries with audit committees, only one ministry consisted of independent members as well as an independent chairperson. The other 3 ministries are chaired by members within their organisation. The 2 ministries are chaired by the Permanent Secretary and one by a medical doctor and 1 ministry is chaired by an outsider. This is contrary to the best practice, which requires that the chairperson of the audit committee should be an independent member as well as the members of the audit committee. The majority of the audit committee members should preferably be non-executive directors
An analysis of factors influencing housing affordability in Windhoek, Namibia
(University of Namibia, 2017) Kgobetsi-Haradoes, Consetha D.
Research has consistently shown the importance of the housing sector on the economy, the long-term social and financial benefits and failure of the housing market to provide an adequate supply of well-located affordable housing. Despite various initiatives by Government and non-governmental organizations, the housing sector is faced with a number of strategic challenges, which provide the basis for policy and strategy decisions by exposing the existing gaps in the housing industry in Namibia and the inability by low to middle income groups to afford housing. This study aims to analyze the factors influencing housing affordability for the low to middle income households in Windhoek, in relation to the Windhoek housing property market and review how various policies introduced by the Government have influenced the Namibian housing market. The study adopted a mixed research strategy. This involved close review of literature so as to enable the researcher to be familiar with the content and to gain an understanding of the themes and details in the text. The research instrument was pilot tested on five tenants residing in Hochland Park in Windhoek and guided interviews were conducted with the different selected income groups. Results revealed that housing affordability in Windhoek is influenced by a number of social, economic and Government or political factors such as immigration, education levels, income, taxation, interest rates, preference, construction cost and availability of serviced land. Results also revealed that the high cost of living negatively affects housing affordability which makes it challenging for the low and middle households to buy houses. In terms of housing policies and programmes, results underscore the fact that, there exists a number of these housing policies despite the fact that overall people, are not aware of most of these policies with the exception of the National housing enterprise (NHE) and National housing policy and that these policies in any case have not had any effect on the housing affordability as house prices still remain high in Namibia, which in a way poses a challenge particularly for the low to middle income households. Other mentioned challenges to affordable housing in Windhoek include the limited funding and increasing costs of building materials, bureaucracy, poor contractors, poor quality work and corruption are to blame for the negative influence on the housing market and housing affordability in Windhoek. The study recommends the need to reduce prices on housing, increase access to land and offer it at low costs, increase people’s salaries particularly the low to middle income households, enforce Government policies on housing, award the “right people” contracts to build houses of quality, and ensure strict adherence to Government set rules and regulations in executing various policies.
A comparative analysis of the accounting practices of micro-business in Windhoek: A case study of micro-business in incubators and those outside the incubators
(University of Namibia, 2017) Nepaya, Paulina H.
The micro-business sector in Namibia plays a major role towards job creation. Micro-businesses in Namibia contribute about 14% to the Gross Domestic Product (GDP) and also employ a significant number of youth. Though small in size, they impact the social lives of citizens and enhance national development. The study focused on comparing and analysing the bookkeeping and accounting practices inside and outside the Bokamoso Incubation Centre in Windhoek. The data collection instruments used were self-administered and key informant questionnaires. Quantitative data collected was analysed through One-Way Anova and qualitative data was analysed through the Creswell Model (2009). A mixed research methodology was applied to carry out the study. From the results of the study, it was evident that, if the sector is to grow, much needs to be done about the bookkeeping and accounting practices by micro-business enterprises. On the basis of the research findings and a comparison of information gained through the review of related literature, the major gaps identified were a lack of accounting skills and proper record keeping, as well as an inability to maintain bank accounts. Recommendations were made with the view of assisting the micro-business sector in Namibia. The major recommendations focus on the training of the owners/managers and staff members to equip them with adequate knowledge and skills. Hiring of competent consultants was viewed as critical to the micro-business enterprises as it was deemed to encourage organisations to have well-prepared financial statements and to gain advice derived from well-experienced business experts. As part of the recommendations, all cash received should be banked in order for micro-businesses to account properly for their cash operations. The growth of the sector was determined by financial discipline and accountability which was highly recommended in the study.
An investigation into challenges facing the internal audit function in Namibia
(University of Namibia, 2017) Kapepo, Shali Dama Omwene
Internal auditing function is the corner stone of internal controls in an organization. Despite the existence of internal audit function in the public sector of Namibia, its effectiveness remains a challenge due to challenges it is facing. This study investigated the challenges facing the internal audit function in the Namibian public sector. A survey was conducted using questionnaires to collect data from internal auditors, chief internal auditors and deputy directors (Internal Audit Departments). The population for this study was made up of Offices, Ministries and Agencies (OMAs). The study used empirical literature to identify the challenges facing internal audit function in the sampled OMAs. The challenges identified were categorised into themes and concepts that emerged from the study. The data were presented in frequency tables and charts obtained from the analysis using Microsoft Excel®. The results of the study show that internal audit function in the Namibia public sector is facing many challenges like lack of internal audit framework, lack of internal audit standards, outdated internal audit charter, no audit committee, lack of management support, lack of training for internal auditors and lack of career and development plan. The study recommended the formulation of a regulatory framework to regulate the internal audit function in the Namibia Public Sector. The study serves as a foundation for future research as it looked only into the challenges facing the internal audit function in the Namibia Public Sector; hence, there is a need for future research to investigate the impact of the challenges on the OMAs operations.
Evaluating the implementation of activity-based costing at the government institutions pension fund in Namibia
(University of Namibia, 2018) Hitiraukunga, Mercello Kautora
This thesis explores the adoption and implementation of ABC in 2009 by the Government Institutions Pension Fund in Namibia. The purpose of this study is to evaluate whether the implementation of ABC at the GIPF was effective. The aim of this study is to determine the benefits achieved as well as the barriers and challenges that might have been encountered thus far in the implementation of ABC at the GIPF. This study is an empirical investigation, which analyses the experiences and perception of ABC in the pension fund industry. The population of the study is one hundred and ninety-seven GIPF employees. The study used a sample of thirty-eight staff members. The primary data for the study was collected using a questionnaire. Tables, frequencies, percentages and narratives were used for the presentation of findings. Twenty-seven questionnaires were returned, thereby achieving a 71% return rate. The study found that resistance to change, time-consuming cost driver identification, the high cost of consultants, focusing priorities on other projects and the volume of work required to implement ABC were barriers to effective implementation. The study found that the implementation of ABC led to cost reduction, quality decision-making and improvement in management reporting. GIPF employees were of the view that the adoption of ABC was properly implemented. The study recommended that the adoption of the ABC system should involve all departments, management commitment and a continuous review of post-implementation reports, provision of training, involvement of employee representatives and measurement of improvements achieved. The study recommended that further studies be undertaken using larger samples and different research designs and methodologies including sectorial and comparative studies.
An investigation into defaulted student accounts receivable at the University of Namibia
(University of Namibia, 2018) Shilongo, Rosa M.
Tertiary education has become increasingly important, and is seen nearly everywhere as the engine of every country‘s economic growth. Despite the universal importance of tertiary education, fundamental financial problems, such as student debt, faced by institutions of higher education are experienced worldwide. The primary purpose of this study was to investigate the defaulted student account receivables at the University of Namibia (UNAM). Furthermore, the reasons investigated were whether the course enrolled for had been completed, the type of financial sponsorship, the mode of offering (part-time, fulltime and distance learning), gender, age and the educational level of the parents. A third aim of the study was to suggest strategies to improve the collection of student accounts receivable at the UNAM. This study was conducted by taking a quantitative research approach. The studied sample consisted of 159 UNAM students whose last registration was in the 2012 academic year and who defaulted on the payment of their accounts; five administrative staff members from UNAM Student Debtors Section were also part of the sample. A random sampling method was employed in this study to select the student respondents as well as purposive sampling to select the staff members. The collected data were analysed by using the Statistical Package for Social Sciences (SPSS), and the technique used for data analysis was the Chi-square test. In particular, there was a significant relationship between defaulting to pay and aspects, such as whether the course enrolled for was completed, financial sponsorship and the mode of study. Gender, age and the educational level of parents showed an insignificant relationship with defaulting to pay. Furthermore, the study concluded that reasons for defaulting to pay were due to inadequate personal income and financial assistance, an increase in tuition fees, tertiary education being expensive, as well as decisions by the university management which contributed to an increase in student fees.
Investigating financing and affordability of higher education at University of Namibia
(University of Namibia, 2018) Kandjaba, Tango Olwenongo
This thesis aimed at investigating the financing and affordability of higher education in Namibia. It will specifically look at how education is financed in Namibia and whether its affordability to those that provides students with funds to pay for all costs of studying. The study is guided by research objectives and used secondary data to compare similar works that were carried out by other researchers on financing and affordability of higher education. A quantitative approach was used in the study, with a Yamane (1967) sampling technique, used to draw a sample from the population and data was collected using a survey Questionnaire. Descriptive analysis was used to analyse and present the data using tables, graphs and pie charts. The study found out that while it is understood to be difficult for students to acquire source of funding, most of students studying at the University of Namibia are funded either through: loans from government student fund scheme (NSFAF), bursaries from private institutions, and parents or own funds. With all the above mentioned sources of funding, this on its own displays another picture about unaffordable education in Namibia. The study looked at affordability of education from different angles. Therefore it concluded that higher education is affordable in Namibia since study loans are readily available, and students have access to funds from parents and sponsors.

Browse

Browsing School of Accounting by Issue Date

Results Per Page

Sort Options