1,720,960 research outputs found
Property valuation for expropriation and compensation in Zimbabwe
Full text linkThesis (PhD)--University of Pretoria, 2020.This thesis is primarily concerned with laws guiding valuation for expropriation and compensation in Zimbabwe. The thesis aimed to identify and close gaps in the regulatory and legislative frameworks guiding property valuation approaches when land is expropriated in line with the current international best practice. A case study approach was used based on expropriated properties whose compensation amount was approved by the Compensation Committee (CC) during the multi-currency period (2009 – 2019). Stratified random sampling was adopted, and a sample size of 146 respondents was used. The researcher collected data using a semi-structured questionnaire and literature survey. Respondents were chosen from Members of the Compensation Committee (MsCC), Designated Valuation Officers (DVOs), Private Valuers (PVs), and Former Commercial Farmers (FCFs). Documents that were reviewed include statutes, official reports, and newsletters. Questionnaires were sent to research subjects by electronic mail due to the COVID-19 pandemic induced lockdown. Two computer software packages, including Statistical Package for the Social Sciences (SPSS-26) and ATLAS.ti 8, were used for data analysis. The researcher identified gaps in the existing laws and practice of expropriation and compensation in Zimbabwe. Notable gaps include provisions which are not clear, lack of detailed guidelines, unavailability of legal provisions on property valuation for expropriated communal properties and valuation inconsistencies. Furthermore, it was noted that FCFs were dissatisfied with the expropriation and compensation process and MsCC emphasised the need to take a historical overview of the expropriation and compensation crisis in Zimbabwe. Therefore, this study contributed to knowledge and practice by proposing amendments to existing Zimbabwean statutes guiding expropriation and compensation and designed a framework for expropriation and compensation. Results of this study are expected to bring closure to lingering issues surrounding expropriation and compensation in Zimbabwe.Construction EconomicsPhDUnrestricte
The effect of poor reconciliation between surveyor-general data(spatial) and deeds register information on municipal budgets
No full textDissertation (MSc (Real Estate))--University of Pretoria, 2023.The Chief Surveyor-General study in 2011, identified a discrepancy between the Chief Surveyor-General and the Chief Registrar of Deeds. Considering these two governmental institutions as custodians of property registers within South Africa, the red flags raised by this study prompted the notion to determine the extent of the effect on the municipal budget. The study extends the understanding of developing property registers while indicating the influence of an incorrectly developed property register on the valuation roll, and the intern influence on the municipal budget. The goal is to determine the importance of a multidisciplinary approach in compiling a property register as the base information to develop a valuation roll. The focus was to draw a correlation between the Chief Surveyor-General Act and the Chief Registrar of Deeds Act, to emphasise the main similarities that can be used as a multidisciplinary approach. An in-depth study was conducted on the actual Acts governing the local government and how these Acts can assist local government to reach an objective of more accurate budget development. Property registers and valuation rolls were the focus. The analysis was conducted on 23 municipalities with an approximate property count of 1.8 million. The total value was calculated to be R2 trillion value over the sample. A combined methodological approach determined the statistical differences between the data sets and interviews. The aim was to obtain plausible solutions and application/practical flaw identification. For the statistical analysis, the deeds data, surveyor data, and valuation roll data were cross-linked to determine the differences among the three data sets. This presented the monetary influence of properties that cannot be rated in the currently implemented valuation rolls. The qualitative information determined the professionals’ (13 respondents) actions, how the Acts are interpreted, and identified practical solutions. The statistical analysis recognised ample discrepancies between the deeds data and the surveyor data. The main concern was that the differences between the valuation roll— two data sets specified an enormous loss of income in the 23 municipal areas. The interviews deduced a 45/55 split among the professionals on how the statutes are interpreted and the observation of the multidisciplinary approach among the professionals. Training is required, and the change is imminent.
The study contributes to knowledge:
• Drawbacks and solutions when a multidisciplinary approach is applied were identified.
• A correlation between the Chief Surveyor-General (Chief Surveyor-General) Act and the Chief Registrar of Deeds Act was drawn.
• It was identified that municipalities have budgetary concerns owing to flawed valuation rolls because of poor reconciling in the property register development phase.
• A framework was developed to limit the mistakes in the property register while improving the valuation roll and the valuation data.Construction EconomicsMSc (Real Estate)Unrestricte
Strategies to counteract digital disruption across the hierarchy of South African shopping centres
Full text linkDissertation (MSc (Real Estate))--University of Pretoria, 2022.The retail property industry in South Africa represents a trillion Rand in investment, employment, and urban development, all of which would be negatively impacted should it collapse. It, therefore, follows that knowledge about its adaptation to the 4IR and the threats and opportunities that the 4IR represents are vital to the industry's long-term success and South Africa's economy. A literature review has indicated five themes within which digital disruption is experienced in retail property. Within these themes, various challenges, impacts, and coping strategies interact. Just how these themes are experienced across the hierarchy of planned South African shopping centres is currently unknown. This study aimed to investigate how the counteractive strategies to the negative impacts of digital disruption are employed within and across the hierarchy of South African shopping centres. The research approach of this study consisted of an in-depth literature review substantiated by both qualitative and quantitative research, i.e., mixed methods research. The type of mixed methods research conducted was the exploratory sequential method, wherein qualitative research in the form of expert interviews was conducted to substantiate or validate the literature findings. The qualitative findings were then quantitatively tested by using a survey questionnaire developed from the said findings. The survey was administered online, and the results were interpreted by using the lens of qualitatively established facts and theories.
The research question sought to establish how digital disruption in retail property presents itself by establishing what the challenges, the impacts and the contradictory strategies of digital disruption are; and whether they are experienced uniformly or variably across the hierarchy of South African shopping centres. It was found that there are five main themes within which the challenges, impacts and coping strategies of digital disruption interact within the retail property industry. These themes and their corresponding challenges, impacts and strategies present themselves variably across the hierarchy of South African shopping centres. The level of perceived disruption is observable by considering the degree to which survey respondents chose the responses related to either fundamental property-management issues or digital disruption (e-commerce and omnichannel retail) as being of greater importance/impact on their particular shopping centres. The degree of disruption appears to be related to the size and function of the shopping centres, with small format centres experiencing less digital disruption than larger format centres. The COVID-19 pandemic has accelerated digital disruption. This acceleration in digital disruption is likely to have a short-term negative impact on South African shopping centres due to the income inequality that exists in the country. This income inequality leads to a digital divide based on the cost hurdle regarding internet access, which has a limiting impact on the growth of online shopping. The digital divide, coupled with an enduring mall culture and the desire to touch and feel goods exhibited by South African shoppers, means that COVID-19 that has accelerated digital disruption in retail is likely to be short-lived, and a return to slower-paced growth in digital disruption is likely to be post-pandemic.
The study was limited to South African planned shopping centres listed in the South African Shopping Centre Directory of 2019. The qualitative phase research informants were limited to South African retail property experts (Asset Managers and Portfolio Executives) from a leading South African REIT, while the quantitative phase research informants were limited to the property managers of the said planned shopping centres. The findings of this study are of value to the retail property industry stakeholders in that they provide a body of knowledge for the present survival of shopping centres in South Africa, the futureproofing of existing centres and the fit-for-purpose development of future centres. This is important in ensuring the continued success of the trillion-Rand retail industry and its entire value chain, whose end products and services are delivered from shopping centres. Furthermore, the study provides a new theoretical framework for understanding digital disruption in retail property. And it establishes the need for digital transformation within retail property management. It also establishes how to counteract digital disruption in South African shopping centres in general, and specifically for each class of the shopping centres.Construction EconomicsMSc (Real Estate)Unrestricte
Are former commercial farmers in Zimbabwe satisfied with the global compensation agreement?
Full text linkZimbabwe’s new administration indicated its willingness to end the compensation dispute, which lasted for two decades with former commercial farmers (FCFs), by signing the global compensation agreement (GCA). In the agreement, the Government of Zimbabwe (GoZ) offered to pay the sum of 3.5 billion, United States Dollars (USD) to the FCFs for their expropriated farmlands. A study carried out by the Valuation Consortium (Valcon) before the GCA signing revealed that most of the FCFs accepted the compensation offered by the expropriating authority. Thus far, no study has been done to assess the level of satisfaction of the affected FCFs, with the GCA provisions. Therefore, this study evaluated the views of FCFs and members of the Compensation Committee (MsCC) on this subject. Data were collected through a questionnaire survey which was mailed directly to the Chairperson of the FCFs, who sent it to other members to respond to issues raised. The study found mixed views by the FCFs on their levels of satisfaction with the GCA. Thus, the study concluded that compensation offered was not entirely satisfactory because it did not include accruals for delayed payment, professional fees, and a detailed breakdown of the compensable heads of claim.https://www.tandfonline.com/loi/rjpr202023-02-17hj2022Construction Economic
Consistency and fairness of property valuation for compensation for land and improvements in Zimbabwe
Full text linkProperty valuation for compensation of expropriated properties in Zimbabwe has been characterised
by inconsistencies for decades. Previous studies have noted that displaced people are dissatisfied with
the compensation paid by the expropriating authority. Even though many academic works were done
on expropriation and compensation in Zimbabwe, issues surrounding consistency in property
valuation practices and fairness of compensation paid remain unresearched. Thus, the purpose of this
paper is to close this gap. Data for this study were collected through primary sources (questionnaire
surveys to members of the compensation committee, private property valuers, designated property
valuers and former commercial farmers) and secondary sources (literature surveys including a review
of statutes, official reports, books, journals, and newsletters). Findings reveal that there is
inconsistency in property valuation for expropriation, no clear legal definition of what constitutes fair
compensation, and that views on the fairness of the compensation paid for expropriated properties in
Zimbabwe are divergent. The study suggests that there is a need to review existing expropriation and
compensation laws in Zimbabwe to create consistency in practice, thereby improving the fairness in
the amount of compensation paid to the displaced person(s).https://sciendo.com/journal/REMAVConstruction Economic
Valuation for compensation of communal properties in Zimbabwe : the case of Chiyadzwa and Tokwe-Mukosi projects
Full text linkPURPOSE : This study aims to examine the statutory provisions as it concerns the practice of valuation for compensation of expropriated communal properties in Zimbabwe. The primary motivation was to have informed policies that would regulate the practice of landed property assessments for compensation purposes and further contributes to existing compensation debates.
DESIGN/METHODOLOGY/APPROACH : A multiple case study approach was adopted, in which property valuation projects for Chiyadzwa and Tokwe-Mukosi, provinces were selected. These two projects were chosen because they are the most recent property valuation for compensation on expropriated communal properties. Content analysis was used to analyse the statutory provisions guiding property valuation and compensation rates adopted and used during the Chiyadzwa and Tokwe Mukosi valuation projects.
FINDINGS : The study found an absence of statutory guidelines on the choice of valuation methodologies, leading to inconsistencies in compensation estimates for the communal properties.
RESEARCH LIMITATIONS/IMPLICATIONS : The study dwells on data from the previous assessment of communal properties that triggered discontentment amongst the people to build a framework for future valuations of communal properties.
PRACTICAL IMPLICATIONS : This study reviewed the existing expropriation and compensation laws and built a comprehensive guiding framework for property valuers to choose appropriate valuation methodologies and procedures for the assessment of expropriated communal properties in Zimbabwe.
SOCIAL IMPLICATIONS : The main motivation for this study is to find a lasting solution to frequent court cases and clashes between the government of Zimbabwe and the displaced people.
ORIGINALITY/VALUE : No study unravels the detailed property valuation processes used in determining the amount of payment for the expropriated communal properties in Zimbabwe. This study built a framework that will serve as a guide to the property valuers in the assessment of compensation for communal properties.http://www.emeraldinsight.com/loi/ijhmahj2022Construction Economic
Strategies to manage digital disruption across the hierarchy of South African shopping centres
No full textThis paper investigated the challenges, impacts, and strategies to deal with digital disruption in retail and how these factors manifest across the hierarchy of South African planned shopping centres. This paper sought to answer the following question : what are the counteractive strategies that can be adopted to counteract the threats posed by digital disruption in retail across the hierarchy of South African shopping centres? The researchers applied the exploratory sequential mixed research method that consisted of an in-depth literature review substantiated by both qualitative and quantitative research. It was concluded that data-driven decisions can manage digital disruption. Therefore, it wasrecommended that shopping centres invest in data analytics.https://journals.co.za/journal/aa.ajber2025-12-01Construction EconomicsSDG-08:Decent work and economic growthSDG-09: Industry, innovation and infrastructureSDG-11:Sustainable cities and communitiesSDG-12:Responsible consumption and productio
Nuances of Compulsory Land Acquisition and Compensation in Botswana: The Case of the Pitsane-Tlhareseleele Road Project
Full text linkFor years compensation has been awarded for compulsory land acquisition in Botswana and land acquisition for infrastructure projects is typically accompanied by dissatisfaction by displaced families. This is particularly the case on communal/customary land where affected parties tend to have an unclear understanding of the legal procedures that govern and inform acquisition and compensation. Often these issues of dissatisfaction relate to the misinterpretation of the legal frameworks. However, limited research has been conducted to examine the perceptions of the displaced persons and the expropriating authority as to the adequacy of the compensation payment. Therefore, it is necessary to understand how they are interpreted by each party to identify how they can be improved to better align with both parties. This paper seeks to examine the views of both the affected persons (occupying customary land) as well as the expropriating authorities (expropriating the land) in a bid to inform policy and practice, and to contribute to existing debates on compensation for expropriation. A case of the Pitsane-Tlhareseleele road project where portions of land were expropriated from customary land holders was used. Data were collected through key informant interviews and document analysis. The results of this study revealed differences between the perceptions of affected people and those of the expropriating authority. Government officials believed that the compensation offered was satisfactory, as everything was prepared in keeping with the provisions of the law. However, the affected persons were of the view that the compensation they received was not satisfactory, even though the compensation was paid in accordance with the existing statutory framework. The study concluded that this difference in perception emanates from the use of different yardsticks to measure adequacy. These differences in perception could be minimised if the existing statutes are amended to make it mandatory for the affected people to be actively involved in the property valuation process
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
- …
