Abstract

 
 
 This article was a result of an investigation measuring the ‘Correlation between Borrower Education and Non-payment Behaviour in Low Income Homeowners in South Africa as the premise of the study and poor relationship between lenders and borrowers as the secondary proposition. The study was motivated by the high level of foreclosures for non-payment of mortgages in the Protea Glen area in Johannesburg, Gauteng, as reported by the Human Rights Commission Inquiry in 2008. In investigating this non- payment behaviour the researcher employed largely quantitative instruments supplemented by qualitative methods. The study revealed interesting empirical findings that largely invalidated the founding hypotheses, despite existing theoretical frameworks - underpinned by various scholars - that sought to corroborate the hypotheses. The findings have however supported the premise that households reporting poor relationships with lenders were susceptible to non-payment behaviour. The rest of the secondary hypotheses were rejected by the empirical findings, viz. that there was no correlation between the level of formal education and non-payment behaviour; the link between propensity to default and the age of homeowners were also invalidated. From these findings, it can be demonstrated that there is a critical need for mitigating measures to remedy the identified shortcomings in this sector.
 
 
Highlights
Ranching is the practice of raising livestock on large tracts of land and occurs mostly in the climatically marginalized rangelands where the potential for rain-fed agriculture is limited due to environmental challenges (Huho, Ngaira & Ogindo, 2010; Hatfield & Davies, 2006)
Organization structure has a positive influence on the choice and sustainability of an organization’s strategies (White & Bruton, 2007). It is against this background that this study investigated the organizational factors influencing choice of sustainability strategies adopted by group ranches in Samburu County, Kenya
Through these data collection methods, the research team was able to gather information on the organizational factors influencing choice of sustainability strategies adopted by group ranches in Samburu County
Summary
Ranching is the practice of raising livestock on large tracts of land and occurs mostly in the climatically marginalized rangelands where the potential for rain-fed agriculture is limited due to environmental challenges (Huho, Ngaira & Ogindo, 2010; Hatfield & Davies, 2006). It is the main land-use in the rangeland ecosystems the world over with considerable cultural, economic and ecological importance (Hussey, 2010). In Africa, the rangelands occupy 43 per cent of the continent’s land mass; 70 per cent of Eastern Africa and more than 80 per cent of the Kenya landmass is considered to be arid and semi-arid, suitable for ranching (Hoffman & Vogel, 2008). Sustained ranching in the rangelands is critical in uplifting the living standards of the ranching communities as well as generating rapid economic growth (Ntiati, 2002)
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Schedule a callMore From: International Journal of Research in Business and Social Science (2147- 4478)
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