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Transaction costs in the mining sector in South Africa

Dissertation (MBA)--University of Pretoria, 2012.

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Other Authors: Holland, Mike
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Holland, Mike
author_browse Holland, Mike
author_facet Holland, Mike
collection Thesis
dc_rights_str_mv © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2012.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:36:36.982Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/26778 Transaction costs in the mining sector in South Africa Holland, Mike ichelp@gibs.co.za Mwamba, Alain Donatien Tshiamala UCTD Price discrimination and outsourcing Vertical integration Economics of organisation Transaction costs Dissertation (MBA)--University of Pretoria, 2012. The present research identified transaction costs in the mining sector in South Africa and provided means for mitigation. A review, discussion and evaluation of theories related to transaction costs such as vertical integration, outsourcing, price, long and short terms contracts was undertaken under literature review. A qualitative study, with two research questions, on eight companies of which four precious metals and minerals, two metallic minerals and two non-metallic minerals, was performed and provided among other results: • Cost of doing business in South Africa is high. • Site specificity and physical-asset specificity are the most influential specialised investments in the mining sector. • Long term contracts are the most appropriate to mitigate transaction costs. • Costly bargaining is the most important implication for all specialised investments. • Exchange rates, Mining Charter, BEE, legislation, taxes, royalties, fuel and electricity increases are cited as reasons for high transaction costs. • The small sample is a big concern as it does not allow generalising the results to over all mining companies. The South Africa’s government, as a regulator and a major stakeholder should revisit the mining charter and therefore the B-BBEE act as this clearly appeared to be a barrier to the development of mining companies. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-07T07:54:19Z 2012-09-21 2013-09-07T07:54:19Z 2012-03-08 2012-09-21 2012-07-28 Dissertation Mwamba, ADT 2011, Transaction costs in the mining sector in South Africa, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/26778 > F/12/4/735/zw http://hdl.handle.net/2263/26778 http://upetd.up.ac.za/thesis/available/etd-07282012-193818/ © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Price discrimination and outsourcing
Vertical integration
Economics of organisation
Transaction costs
Transaction costs in the mining sector in South Africa
title Transaction costs in the mining sector in South Africa
title_full Transaction costs in the mining sector in South Africa
title_fullStr Transaction costs in the mining sector in South Africa
title_full_unstemmed Transaction costs in the mining sector in South Africa
title_short Transaction costs in the mining sector in South Africa
title_sort transaction costs in the mining sector in south africa
topic UCTD
Price discrimination and outsourcing
Vertical integration
Economics of organisation
Transaction costs
url http://hdl.handle.net/2263/26778
http://upetd.up.ac.za/thesis/available/etd-07282012-193818/