This paper investigates the sovereign risk premium as an indicator of sovereign risk. An attempt was made to capture evidence that best explains bond yield spreads for the 21-year period after the inception of democracy ...

Poverty is endemic in Africa where an estimated half of the population lives on less than one dollar per day. Poverty involves more than meagre material well-being and affects a host of other qualities such as dignity, ...

Metropolitan municipalities in Gauteng have been plagued by poor service delivery in recent years. This has been the root of violent protests in most of the communities in this province. This article intends to explore the ...

The high level of over-indebtedness in Gauteng is cause for concern. The number of consumers applying for debt counselling as well as the registered debt counsellors is increasing. The study on which this article reports ...

The authors of Unisa's Department Business Management surveyed a number of foreign missions to find out whether they consider South Africa to be an attractive investment prospect. Their responses are analysed in this article.

In this paper we investigate the dynamic relationship between bank credit and agricultural output in South Africa using time series data from 1970 to 2011. Using the Johansen co-integration test, we observe bank credit and ...

The paper provides empirical analysis on the linkage between the behavior of bank lending and business cycles in South Africa. Consistent with theory, overall evidence suggesting pro-cyclicality of bank lending is uncovered ...

In this study the causality relationship of banking sector development and economic growth in Zimbabwe is investigated. The jagged performance of the Zimbabwean economy presents an interest in unravelling the state of ...

Capital structure decisions are common across firms, yet capital structure theories lack a consensus on how much of debt capital firms should use to finance their operations. The main objective of this study was to investigate ...

This study investigates whether financial theory is aligned with financial practice by testing two conventionally recognised theories of capital structure choice, the trade-off theory and the pecking-order theory against ...