Economic Assessment of Solar Milling Plants as an Investment Tool: A Case of Katete District-Zambia

Download Article

DOI: 10.21522/TIJMG.2015.07.02.Art009

Authors : Hastings Munyenyembe

Abstract:

The purpose of this study was to assess the economic impact of the solar milling plants to the local people in Katete District, Zambia. The specific objectives were to assess the performance of the solar milling plans, the effect of solar milling plants on mealie meal prices on the local market, the effect of solar milling plants on job creation in the district, and to find out challenges that co-operators are facing in managing the solar milling plants in the district for economic development, suggesting measures to be put in place to see to it that the program was sustainable. The research employed a qualitative research design, and extensive literature reviews were conducted in order to have a broader understanding of the research. The data was collected using the structured questionnaires and interview guide. The main findings of the research were that the hypothesis was rejected because there were no immediate economic benefits of the solar milling plants to the local people of Katete District. Following the results of the research, the solar milling plants were underperforming and underutilized in the district. Solar milling plants had no effect on the price of mealie meals in the district. Solar milling plants had a 40% effect on job creation in the district, and the study concluded that there were no immediate economic benefits brought about by solar milling plants in the district at the time of the study.

References:

[1] http://www.xinhuanet.com/english/2019-01/31/c_137790052.htm.

[2] Mandal, A. (2005). “Swarnajayanti Gram Swarozgar Yjana and Self-help group: An Assessment” Kurukshetra. A Journal of Ministry of Rural Development.

[3] Calabrese, L., & Weng, X. (2018). Chinese investment and small-scale commodity producers in Africa The DEGRP research Aims. September.

[4] Chigumira, G. (2019). Assessment of demand in agro-processing machinery in the SADC region: A case study of the maize-milling machinery value chain in South Africa and Zambia. WIDER Working Paper Series Wp-2019-70, World Institute for Development Economics Research (UNU-WIDER)., September.

[5] Mulungu, K., & Ng’ombe, J. N. (2017). Sources of economic growth in Zambia, 1970–2013: A growth accounting approach. Economies, 5(2), 1–23. https://doi.org/10.3390/economies5020015.

[6] Konara, P., & Wei, Y. (2016). Foreign direct investment as a catalyst for domestic firm development: the case of Sri Lanka by Palitha Konara and Yingqi Wei. Transnational Corporations, 23(3), 32. https://unctad.org/en/PublicationChapters/diaeia2016d2a1_en.pdf.

[7] Serrat, O. (2017). Knowledge Solutions: Tools, Methods, and Approaches to Drive Organizational Performance. 1–1140. https://doi.org/10.1007/978-981-10-0983-9.

[8] UNCTAD. (2006). United Nations Conference on Trade and Development Investment Policy Review.

[9] Draft, W. (2009). Impact of China-Africa Investment Relations : The Case of Zambia Jolly Kamwanga. November, 1–39.

[10] Karmakar, K. G. (1999). “Rural Credit and Self-help Group, Microfinance Needs and Concept in India.” New Delhi: Sage Publication.

[11] Roy, P. (2009). Creating a World Without Poverty: Social Business and the Future of Capitalism. Social Change, 39(2), 299–302. https://doi.org/10.1177/004908570903900209.

[12] Ministerial Statement by Mr Yaluma -04.12.18 (https://www.parliament.gov.zm/sites/default/files/images/publication_docs/MINISTERIAL%20STATEMENT%20BY%20MR%20YALUMA%20-04.12.18%20%281%29.pdf).

[13] Gadanayak, B. B. (2008). Poverty alleviation at the grass-root level, self-help groups as an instrument” Dev4India.org.

[14] Golafshani, N. (2003). Understanding reliability and validity in qualitative research. The qualitative report, 8(4), 597-606.

[15] Colton, D., & Covert, R. W. (2007). Designing and constructing instruments for social research and evaluation. John Wiley & Sons. Inc. USA.

[16] Thatcher, R. W. (2010). Validity and reliability of quantitative electroencephalography. Journal of Neurotherapy, 14(2), 122–152. https://doi.org/10.1080/10874201003773500.

[17] Harper, M. (2002). Practical Micro finance: A Training guide for South Asia”. New Delhi: Vistaar Publication.

[18] Harrell, M. C., & Bradley, M. A. (2009). Data collection methods. Semi-structured interviews and focus groups. Rand National Defense Research Inst Santa Monica Ca. www.rand.org.

[19] Erving, G. (1959). The presentation of self in everyday life. Garden City, NY: Anchor.

Mckinney, J. A., Emerson, T. L., & Neubert, M. J. (2010). The Effects of Ethical Codes on Ethical Perceptions of Actions toward Stakeholders. 505–516. https://doi.org/10.1007/s10551-010-0521-2