Investigating TransNamib’s contribution to economic growth and development
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Date
2022
Authors
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Journal ISSN
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Publisher
University of Namibia
Abstract
Public enterprises were created to perform and accelerate critical functions such
as economic growth and development in any country. However, they have
dismally failed to deliver on the mandate they were created for. The overall
objective of this study was to investigate TransNamib’s contributions to
economic growth and development. The study employed a structured
questionnaire to collect quantitative data with a causal-comparative research
design to test the relationships between the independent and dependent variables.
The population was 150 stakeholders of TransNamib composed of the board of
directors, the executive, middle and below management, as well as workplace
representatives. The data was captured and analysed using the Statistical Package
for Social Sciences (SPSS) Version 26. The study found that TransNamib is not
effective in its operations. Moreover, the study managed to gather the factors
impacting TransNamib’s contributions to economic growth and development.
Some of the factors were lack of management commitment, political interference,
and lack of research and development. Collectively, leadership commitment is
important to the growth and development of any organisation. An organisation
without the support and commitment of its leaders will quickly wither and die.
Furthermore, the study found that there is a challenge of political interference in
the operations of public enterprises. Amongst other outcomes, it was established
that political interference has a serious financial implication for TransNamib due
to unnecessary bureaucracy and potential conflict on the manner in which the
enterprise should function, hence this dilemma may conflict with its strategic
goals. The study recommended that TransNamib should employ the art of good
governance as a principal basic approach in working smarter to achieve the
objectives and align its business model to the interests of all its stakeholders.
Description
A thesis submitted in partial fulfilment of the requirements for the Degree of Master of Business Administration (Management Strategy)
Keywords
Public enterprise, Economic growth, Economic development