Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe
The study primarily examined the macroeconomic and institutional factors constraining the flow of foreign private investment flows into Zimbabwe's manufacturing sector. The study further explored the benefits that accrue from private capital as a source of financing for Zimbabwe's manufacturing sect...
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
Graduate School of Business (GSB)
2022
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613259224317952 |
|---|---|
| access_status_str | Open Access |
| author | Chinodzama, Delia |
| author2 | Kabinga, Mundia |
| author_browse | Chinodzama, Delia Kabinga, Mundia |
| author_facet | Kabinga, Mundia Chinodzama, Delia |
| author_sort | Chinodzama, Delia |
| collection | Thesis |
| description | The study primarily examined the macroeconomic and institutional factors constraining the flow of foreign private investment flows into Zimbabwe's manufacturing sector. The study further explored the benefits that accrue from private capital as a source of financing for Zimbabwe's manufacturing sector. Quantitative analysis was used to determine the macroeconomic and governance factors that have a significant impact on the flow on private capital into Zimbabwe. Using the Johansen cointegration trace and maximum eingen value test indicate the presence of a significant long-run relationship between foreign capital inflows and the predictor variables. The results indicated the presence of 5 integrating equations for the trace test and 3 cointegrating equations for the maximum eingen value test. The normalized coefficients, foreign private investment flows are significantly and positively impacted by infrastructure development, economic growth rate, and inflation (macroeconomic factors) and further by business freedom and government effectiveness (governance factors). GDP per capita was found to have a negative impact on foreign investment flows. Analysis of questionnaire data revealed that foreign private financing appeals highly to manufacturing companies but access to this source of funding is constrained by funding mismatches, high credit risk levels within the local manufacturing industry, a longer time lag, sanctions imposed on the country and high production costs. In terms of the benefits of foreign private capital over the traditional sources of funding, the study found that private capital improves company operations (capacity utilisation, export market penetration and productivity), improves technology usage, and boosts the target company's corporate image. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/35605 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:33:17.409Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | Graduate School of Business (GSB) |
| publisherStr | Graduate School of Business (GSB) |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/35605 Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe Chinodzama, Delia Kabinga, Mundia business The study primarily examined the macroeconomic and institutional factors constraining the flow of foreign private investment flows into Zimbabwe's manufacturing sector. The study further explored the benefits that accrue from private capital as a source of financing for Zimbabwe's manufacturing sector. Quantitative analysis was used to determine the macroeconomic and governance factors that have a significant impact on the flow on private capital into Zimbabwe. Using the Johansen cointegration trace and maximum eingen value test indicate the presence of a significant long-run relationship between foreign capital inflows and the predictor variables. The results indicated the presence of 5 integrating equations for the trace test and 3 cointegrating equations for the maximum eingen value test. The normalized coefficients, foreign private investment flows are significantly and positively impacted by infrastructure development, economic growth rate, and inflation (macroeconomic factors) and further by business freedom and government effectiveness (governance factors). GDP per capita was found to have a negative impact on foreign investment flows. Analysis of questionnaire data revealed that foreign private financing appeals highly to manufacturing companies but access to this source of funding is constrained by funding mismatches, high credit risk levels within the local manufacturing industry, a longer time lag, sanctions imposed on the country and high production costs. In terms of the benefits of foreign private capital over the traditional sources of funding, the study found that private capital improves company operations (capacity utilisation, export market penetration and productivity), improves technology usage, and boosts the target company's corporate image. 2022-01-27T18:47:29Z 2022-01-27T18:47:29Z 2021 2022-01-27T18:44:19Z Master Thesis Masters MBA http://hdl.handle.net/11427/35605 eng application/pdf Graduate School of Business (GSB) Faculty of Commerce |
| spellingShingle | business Chinodzama, Delia Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| thesis_degree_str | Master's |
| title | Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| title_full | Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| title_fullStr | Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| title_full_unstemmed | Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| title_short | Foreign Private Investment Flows and Manufacturing Sector in Zimbabwe |
| title_sort | foreign private investment flows and manufacturing sector in zimbabwe |
| topic | business |
| url | http://hdl.handle.net/11427/35605 |
| work_keys_str_mv | AT chinodzamadelia foreignprivateinvestmentflowsandmanufacturingsectorinzimbabwe |