Entrepreneurship

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Browsing Entrepreneurship by Author "Mooya, Manya M."

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    Black entrepreneurship in the real estate sector in Namibia: Constraints and prospects.
    (NUST., 2003) Mooya, Manya M.
    Real estate offers a number of opportunities for entrepreneurial activity, notably in the areas of esatate agency, real estate development and consultancy services such as valuation. The real estate sector is particularly attractive to entrepreneurs because of relatively low start up capital requirements and the potential for huge returns in relatively short times. The world over is replete with examples of real estate tycoons. Thirteen years after independence, a cursory examination of the real estate sector shows that Black Namibians have not taken advantage of the opportunities available in this sector in any significant way. This is most evident in the estate agency business, where historically, White firms dominate, and in valuation services. In fact Namibia has not even a single private real estate valuation firm operating in the country and has to rely on external consultants. This paper examines the constraints which militate against increased Black participation in the real estate sector in Namibia. Focussing on estate agency and property valuation services, it shows that there are institutional, regulatory and other factors which work against Black participation in the real estate sector. The paper concludes by suggesting ways in which this state of affairs can be improved.
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    Determinants of foreign direct investment: Theory and evidence, with Zambia as case study.
    (NUST., 2003) Mooya, Manya M.
    Foreign Direct Investment (FDI) constitutes a resource flow which is widely considered particularly useful for the economic development of developing countries. This resource has however, proved elusive for countries in Africa, despite widespread moves to liberalise investment regimes and offer attractive incentives. This paper reviews the determinants of FDI in the light of empirical evidence and using Zambia as a case study. Using Dunning's Eclectic Paradigm as an analytic framework, the paper shows that there are location specific variables which tend to constrain the inward flow of FDI into Zambia