A comparative analysis of the usefulness of fair value in measuring the financial instruments of South African banks
- Jooste, Cilliers Johan Cornel
- Authors: Jooste, Cilliers Johan Cornel
- Date: 2012-07-04
- Subjects: Financial instruments , Fair value , Banks and banking
- Type: Mini-Dissertation
- Identifier: uj:8785 , http://hdl.handle.net/10210/5143
- Description: M.Comm. , The debate around the usefulness of fair value as a basis for measuring financial instruments has become increasingly topical and, in recent times, has attracted the attention of various market participants as a result of the global credit crisis which developed during 2007. The qualitative characteristics of relevance and reliability are central to any analysis regarding the usefulness of fair value as a financial instrument measurement basis. This study therefore investigates the relevance and reliability of the fair value measurements disclosed by the four largest South African banks in their 2008 annual financial statements in order to determine whether fair value is the most useful basis for measuring the majority of the financial instruments of South African banks. The financial instrument categories and fair value hierarchy defined in International Financial Reporting Standards (IFRS) are used to perform a content analysis on the 2008 annual financial statements of the banks included in the study, in order to conclude on the relevance and reliability, respectively, of the financial instrument fair values provided. Collectively, an analysis of the financial instrument categories applied and an investigation of the differences between the fair values and carrying values of financial instruments not measured at fair value suggest that fair value is not the most relevant basis for measuring the majority of the financial assets of all of the banks included in the study, and is also not the most relevant basis for measuring the majority of the financial liabilities of three of the four banks included in the study. Based on their fair value hierarchy classification, the fair values of the majority of both the financial assets and financial liabilities of the banks included in the study were not found to be reliable. Fair value was therefore not found to be the most useful basis for measuring the majority of the financial instruments of three of the four banks surveyed, while the findings for the fourth bank were inconclusive in this respect. Keywords: Fair value, financial instruments, usefulness, relevance, reliability
- Full Text:
- Authors: Jooste, Cilliers Johan Cornel
- Date: 2012-07-04
- Subjects: Financial instruments , Fair value , Banks and banking
- Type: Mini-Dissertation
- Identifier: uj:8785 , http://hdl.handle.net/10210/5143
- Description: M.Comm. , The debate around the usefulness of fair value as a basis for measuring financial instruments has become increasingly topical and, in recent times, has attracted the attention of various market participants as a result of the global credit crisis which developed during 2007. The qualitative characteristics of relevance and reliability are central to any analysis regarding the usefulness of fair value as a financial instrument measurement basis. This study therefore investigates the relevance and reliability of the fair value measurements disclosed by the four largest South African banks in their 2008 annual financial statements in order to determine whether fair value is the most useful basis for measuring the majority of the financial instruments of South African banks. The financial instrument categories and fair value hierarchy defined in International Financial Reporting Standards (IFRS) are used to perform a content analysis on the 2008 annual financial statements of the banks included in the study, in order to conclude on the relevance and reliability, respectively, of the financial instrument fair values provided. Collectively, an analysis of the financial instrument categories applied and an investigation of the differences between the fair values and carrying values of financial instruments not measured at fair value suggest that fair value is not the most relevant basis for measuring the majority of the financial assets of all of the banks included in the study, and is also not the most relevant basis for measuring the majority of the financial liabilities of three of the four banks included in the study. Based on their fair value hierarchy classification, the fair values of the majority of both the financial assets and financial liabilities of the banks included in the study were not found to be reliable. Fair value was therefore not found to be the most useful basis for measuring the majority of the financial instruments of three of the four banks surveyed, while the findings for the fourth bank were inconclusive in this respect. Keywords: Fair value, financial instruments, usefulness, relevance, reliability
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African Banking Corporation of Botswana v Kariba Furniture Manufacturers & Others (228/2014) [2015] ZASCA 69 (20 May 2015) : a discussion of the meaning of the term “binding offer” in terms of section 153(1)(b)(ii) of the Companies Act
- Authors: Soobramanie Abby, Shalini
- Date: 2016
- Subjects: Banking law , Banks and banking , Furniture industry and trade , South Africa. Companies Act, 2008
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/90559 , uj:19995
- Description: Abstract: Please refer to full text to view abstract , LL.M. (Commercial Law)
- Full Text:
- Authors: Soobramanie Abby, Shalini
- Date: 2016
- Subjects: Banking law , Banks and banking , Furniture industry and trade , South Africa. Companies Act, 2008
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/90559 , uj:19995
- Description: Abstract: Please refer to full text to view abstract , LL.M. (Commercial Law)
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African Banking Corporation of Botswana v Kariba Furniture Manufacturers (Pty) Ltd and others 2015 (5) SA 192 (SCA): a critical analysis of the interpretational glitches of the terms “binding offer” and “reasonable prospect”
- Authors: Chiweshe, Dudzai
- Date: 2017
- Subjects: Banking law , Banks and banking , Furniture industry and trade , ABC Holdings Limited
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/236552 , uj:24219
- Description: LL.M. (Commercial Law) , Abstract: Please refer to full text to view abstract
- Full Text:
- Authors: Chiweshe, Dudzai
- Date: 2017
- Subjects: Banking law , Banks and banking , Furniture industry and trade , ABC Holdings Limited
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/236552 , uj:24219
- Description: LL.M. (Commercial Law) , Abstract: Please refer to full text to view abstract
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An appraisal of plain language in the South African banking sector
- Authors: Cornelius, Eleanor
- Date: 2016
- Subjects: Banks and banking , Legal documents , Law - Language
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/217311 , uj:21625 , Citation: Cornelius, E. 2016. An appraisal of plain language in the South African banking sector.
- Description: Abstract: The Consumer Protection Act (CPA) came into full force in April 2011. An important corollary of this Act, and the National Credit Act (NCA) of 2005 as well, is the obligation that consumer documents must be in plain language. It has long been debated whether it is possible to make legal documents available in plain language for lay consumption. The aim of this study is to investigate the successes and failures of the plain language project five years after the CPA became operational. This study relies on data collected through focus group interviews with bank staff members in both language units and legal divisions. Findings indicate that, in general, both legal and language practitioners concur that legal documents can be simplified under certain conditions, although there is less consensus about the degree of simplification and the types of legal documents that can be simplified. Interviewees experience difficulty with vagueness of the plain language obligation. Findings also show that legal practitioners are concerned about prejudicing the legal status of documents and are reluctant to deviate from traditional styles of drafting...
- Full Text:
- Authors: Cornelius, Eleanor
- Date: 2016
- Subjects: Banks and banking , Legal documents , Law - Language
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/217311 , uj:21625 , Citation: Cornelius, E. 2016. An appraisal of plain language in the South African banking sector.
- Description: Abstract: The Consumer Protection Act (CPA) came into full force in April 2011. An important corollary of this Act, and the National Credit Act (NCA) of 2005 as well, is the obligation that consumer documents must be in plain language. It has long been debated whether it is possible to make legal documents available in plain language for lay consumption. The aim of this study is to investigate the successes and failures of the plain language project five years after the CPA became operational. This study relies on data collected through focus group interviews with bank staff members in both language units and legal divisions. Findings indicate that, in general, both legal and language practitioners concur that legal documents can be simplified under certain conditions, although there is less consensus about the degree of simplification and the types of legal documents that can be simplified. Interviewees experience difficulty with vagueness of the plain language obligation. Findings also show that legal practitioners are concerned about prejudicing the legal status of documents and are reluctant to deviate from traditional styles of drafting...
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An assessment of Peoples Bank Business' service to SMME's sponsored by the Khula Indemnity Scheme
- Authors: Bredenkamp, Monique
- Date: 2012-01-16
- Subjects: Small business , Small business finance , Banks and banking , Risk management , Commercial credit
- Type: Mini-Dissertation
- Identifier: uj:1910 , http://hdl.handle.net/10210/4271
- Description: M.Comm. , South Africa's Minister of Trade and Industry, Alec Irwin, stated that "one of the most striking features of the South African economy is the underdevelopment of small and medium enterprises" (Polkinghorne, 2001). A lack of sufficient capital and credit is often a major handicap to the development of SMMEs, particularly in their early growth stages. The growth and development .ofthe small, medium and micro enterprise (SMME) sector is acknowledged by most interest groups and policy-makers as being of critical importance to South Africa's ability to address the serious problems of unemployment. The South African government suggests that the SMME sector -with the help of government support -is capable of fulfilling these obj ectives and has introduced a number of supply-side measures to promote the formerly neglected sector. The overall objective is "to create an enabling environment" and "to level the playing field" (South Africa, 1995) in terms of national, regional and local policy frameworks for SMME development. Khula Enterprise Finance Ltd. was established in 1996 in terms of a Department of Trade and Industry (DT!) initiative and provides access to credit to SMMEs through various delivery mechanisms. One of these delivery mechanisms is a scheme that was created to assist SMMEs to access finance from traditional financial intermediaries by providing guarantees on a risksharing basis. Khula Enterprise Finance Ltd. has assisted in delivering almost 103 000 loans, credit guarantees and other facilities to SMMEs since the agency started operating in 1996. The total value of the loans and guarantees exceeds R550 million (Martins, 2001). ii However, Khula Enterprise Finance Ltd. has to contend with intermediaries applying its programmes -banks that are not renowned for their spirit of adventure, and welfare-oriented service organisations that lack business acumen (Khula: Some business ... , 2002: 53). The perception among the general population in South Africa is that most banks have neither the capacity nor the will to actively and creatively manage SMME loans to South Africa's emerging markets -"emerging" meaning political customers who have not been seen as critical in the past, but who are seen as such in the future. In South Africa these are largely people of black African descent (Polkinghorne, 2001). The target of Peoples Bank Business includes previously disadvantaged communities such as black persons, women and the disabled. Additionally, clients are assisted with venture capital or loans to fund start-up businesses. Emphasis is placed on assistance to the community in addition to traditional criteria such as bottom-line results. This study attempted to assess the service provided by Peoples Bank Business to clients sponsored by the Khula Indemnity Scheme. This study did not attempt to provide solutions to problems experienced, but rather to identify the deficiencies/gaps in service as experienced by clients of Peoples Bank Business.
- Full Text:
- Authors: Bredenkamp, Monique
- Date: 2012-01-16
- Subjects: Small business , Small business finance , Banks and banking , Risk management , Commercial credit
- Type: Mini-Dissertation
- Identifier: uj:1910 , http://hdl.handle.net/10210/4271
- Description: M.Comm. , South Africa's Minister of Trade and Industry, Alec Irwin, stated that "one of the most striking features of the South African economy is the underdevelopment of small and medium enterprises" (Polkinghorne, 2001). A lack of sufficient capital and credit is often a major handicap to the development of SMMEs, particularly in their early growth stages. The growth and development .ofthe small, medium and micro enterprise (SMME) sector is acknowledged by most interest groups and policy-makers as being of critical importance to South Africa's ability to address the serious problems of unemployment. The South African government suggests that the SMME sector -with the help of government support -is capable of fulfilling these obj ectives and has introduced a number of supply-side measures to promote the formerly neglected sector. The overall objective is "to create an enabling environment" and "to level the playing field" (South Africa, 1995) in terms of national, regional and local policy frameworks for SMME development. Khula Enterprise Finance Ltd. was established in 1996 in terms of a Department of Trade and Industry (DT!) initiative and provides access to credit to SMMEs through various delivery mechanisms. One of these delivery mechanisms is a scheme that was created to assist SMMEs to access finance from traditional financial intermediaries by providing guarantees on a risksharing basis. Khula Enterprise Finance Ltd. has assisted in delivering almost 103 000 loans, credit guarantees and other facilities to SMMEs since the agency started operating in 1996. The total value of the loans and guarantees exceeds R550 million (Martins, 2001). ii However, Khula Enterprise Finance Ltd. has to contend with intermediaries applying its programmes -banks that are not renowned for their spirit of adventure, and welfare-oriented service organisations that lack business acumen (Khula: Some business ... , 2002: 53). The perception among the general population in South Africa is that most banks have neither the capacity nor the will to actively and creatively manage SMME loans to South Africa's emerging markets -"emerging" meaning political customers who have not been seen as critical in the past, but who are seen as such in the future. In South Africa these are largely people of black African descent (Polkinghorne, 2001). The target of Peoples Bank Business includes previously disadvantaged communities such as black persons, women and the disabled. Additionally, clients are assisted with venture capital or loans to fund start-up businesses. Emphasis is placed on assistance to the community in addition to traditional criteria such as bottom-line results. This study attempted to assess the service provided by Peoples Bank Business to clients sponsored by the Khula Indemnity Scheme. This study did not attempt to provide solutions to problems experienced, but rather to identify the deficiencies/gaps in service as experienced by clients of Peoples Bank Business.
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Bank employees’ engagement with communities in corporate social responsibility initiatives
- Authors: Penn, Vincent
- Date: 2015-04-24
- Subjects: Banks and banking , Bank employees , Social responsibility of business
- Type: Thesis
- Identifier: uj:13574 , http://hdl.handle.net/10210/13717
- Description: M.Com. (Business Management) , In the course of firms serving their own interest of securing financial profit, there is a responsibility to take action in protecting and enhancing the interest of the society in which they operate, with the total endeavour and effect of improving the quality of life. This is often done by giving back to the society in the form of community involvement projects. The main objective of this study is: To investigate the extent to which the value chain in employee volunteering - community involvement programmes is understood and fully optimised from these stakeholders‟ perspective. There were three types of respondent groups within the entire population of Choma, involved in this study. Firstly, there was a respondent group of five senior CSR managers at Choma who manage and co-ordinate all CSR activities within the bank. They have full knowledge of the scope of Choma CSR stated objectives and what is happening in the context of Choma CSI projects, and can thus give valuable insight to the Choma CSI projects‟ current state, including successes and challenges. Two CSR projects were selected by these senior CSR managers, where one was really outstanding and one was also completed, but not considered as valuable in attaining Choma CSR objectives as good as the first. The first group of respondents are members who were actively involved in Project 1 from Choma RBB operations, while the second group was involved in Project 2, from RBB Choma personal loans. Three employees were interviewed from each project. These projects were executed in two different communities leading to two additional respondent samples drawn from the two communities. Two community members were interviewed from each community. This provides three views of the research problem and a triangulation from three different sources of CSR value to a community. All interviews were face-to-face in the respective offices of the respondents by scheduled appointments.
- Full Text:
- Authors: Penn, Vincent
- Date: 2015-04-24
- Subjects: Banks and banking , Bank employees , Social responsibility of business
- Type: Thesis
- Identifier: uj:13574 , http://hdl.handle.net/10210/13717
- Description: M.Com. (Business Management) , In the course of firms serving their own interest of securing financial profit, there is a responsibility to take action in protecting and enhancing the interest of the society in which they operate, with the total endeavour and effect of improving the quality of life. This is often done by giving back to the society in the form of community involvement projects. The main objective of this study is: To investigate the extent to which the value chain in employee volunteering - community involvement programmes is understood and fully optimised from these stakeholders‟ perspective. There were three types of respondent groups within the entire population of Choma, involved in this study. Firstly, there was a respondent group of five senior CSR managers at Choma who manage and co-ordinate all CSR activities within the bank. They have full knowledge of the scope of Choma CSR stated objectives and what is happening in the context of Choma CSI projects, and can thus give valuable insight to the Choma CSI projects‟ current state, including successes and challenges. Two CSR projects were selected by these senior CSR managers, where one was really outstanding and one was also completed, but not considered as valuable in attaining Choma CSR objectives as good as the first. The first group of respondents are members who were actively involved in Project 1 from Choma RBB operations, while the second group was involved in Project 2, from RBB Choma personal loans. Three employees were interviewed from each project. These projects were executed in two different communities leading to two additional respondent samples drawn from the two communities. Two community members were interviewed from each community. This provides three views of the research problem and a triangulation from three different sources of CSR value to a community. All interviews were face-to-face in the respective offices of the respondents by scheduled appointments.
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Comparative analysis of decentralised and centralised operating model in retail banking global transactional services
- Mpala, Taurai Culbert, Chiloane, P. Thabo
- Authors: Mpala, Taurai Culbert , Chiloane, P. Thabo
- Date: 2014-06-20
- Subjects: Banks and banking , Decentralization in management
- Type: Thesis
- Identifier: uj:11558 , http://hdl.handle.net/10210/11265
- Description: M.Com. (Business Management) , The Global Transactions Services (GTS) business unit was established alongside the Rand Merchant Bank (RMB) brand reporting into a Corporate and Investment Banking Board. GTS has been mandated to deliver global cash management, trade and custody services and account services to large corporates in the jurisdictions where FirstRand operates. Technology advances in centralising operating structures, have made it possible for GTS to centralise back office operations to a few locations within the country as witnessed by Global banks like Citigroup. The research problem therefore was to evaluate and identify the strengths as well as shortfalls of the current decentralised operating model versus a proposed approach towards a centralised operating model within the GTS business unit; focusing on investigating whether outsourcing IT operations and technology would create efficiencies, attract skilled employees and technological advancement to the division. Primary objective of the research was to evaluate the current decentralised operating model. Secondary objective was to evaluate the gains associated with implementing a central operating model against the gains currently derived from the decentralised operating model. The findings derived from the study suggest that: (i) There is a misalignment between the business strategy and IT strategy within the current operating model resulting in IT playing a supporting role and not an enabling role in the business strategy formulation and implementation. (ii) The bank does not engage in an on-going activity to evaluate processes, procedures and technology making it difficult to streamline and automate processes resulting in a lot of manual processing. (iii) The bank lacks the internal capabilities required to introduce automated processes which will reduce manual interventions; (iv) Existence of Silos in the business prevent the business from taking advantage of benefits brought about by economies of scale, cross skilling, knowledge sharing, straight through processing and ultimately economies of scope benefits
- Full Text:
- Authors: Mpala, Taurai Culbert , Chiloane, P. Thabo
- Date: 2014-06-20
- Subjects: Banks and banking , Decentralization in management
- Type: Thesis
- Identifier: uj:11558 , http://hdl.handle.net/10210/11265
- Description: M.Com. (Business Management) , The Global Transactions Services (GTS) business unit was established alongside the Rand Merchant Bank (RMB) brand reporting into a Corporate and Investment Banking Board. GTS has been mandated to deliver global cash management, trade and custody services and account services to large corporates in the jurisdictions where FirstRand operates. Technology advances in centralising operating structures, have made it possible for GTS to centralise back office operations to a few locations within the country as witnessed by Global banks like Citigroup. The research problem therefore was to evaluate and identify the strengths as well as shortfalls of the current decentralised operating model versus a proposed approach towards a centralised operating model within the GTS business unit; focusing on investigating whether outsourcing IT operations and technology would create efficiencies, attract skilled employees and technological advancement to the division. Primary objective of the research was to evaluate the current decentralised operating model. Secondary objective was to evaluate the gains associated with implementing a central operating model against the gains currently derived from the decentralised operating model. The findings derived from the study suggest that: (i) There is a misalignment between the business strategy and IT strategy within the current operating model resulting in IT playing a supporting role and not an enabling role in the business strategy formulation and implementation. (ii) The bank does not engage in an on-going activity to evaluate processes, procedures and technology making it difficult to streamline and automate processes resulting in a lot of manual processing. (iii) The bank lacks the internal capabilities required to introduce automated processes which will reduce manual interventions; (iv) Existence of Silos in the business prevent the business from taking advantage of benefits brought about by economies of scale, cross skilling, knowledge sharing, straight through processing and ultimately economies of scope benefits
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Debate and panel discussion on the corporate psychopath : he is perfect; don’t hire him – preventing the recruitment of psychopaths
- Authors: Modise, Theodorah
- Date: 2015-04-13
- Subjects: Albert Marais , Corporate psychopath , Management and Law - Faculties , South African Reserve Bank , Banks and banking , Psychopaths
- Type: Presentation
- Identifier: uj:1153 , http://hdl.handle.net/10210/13634
- Description: Introduction to the topic by Albert Marais. Albert A. Marais, (BA, B.Proc, MBA, Diploma in Treasury Management & Trade Finance), is an attorney in private practice. Previously an investigator in the Financial Surveillance Department of the South African Reserve Bank; he has extensive experience in the law enforcement, banking, intelligence, freight & logistics and legal fields. He graduated his MBA with distinction from UNISA and is also a former RAU, now proudly UJ alumnus.
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- Authors: Modise, Theodorah
- Date: 2015-04-13
- Subjects: Albert Marais , Corporate psychopath , Management and Law - Faculties , South African Reserve Bank , Banks and banking , Psychopaths
- Type: Presentation
- Identifier: uj:1153 , http://hdl.handle.net/10210/13634
- Description: Introduction to the topic by Albert Marais. Albert A. Marais, (BA, B.Proc, MBA, Diploma in Treasury Management & Trade Finance), is an attorney in private practice. Previously an investigator in the Financial Surveillance Department of the South African Reserve Bank; he has extensive experience in the law enforcement, banking, intelligence, freight & logistics and legal fields. He graduated his MBA with distinction from UNISA and is also a former RAU, now proudly UJ alumnus.
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Documentary collections as a method of payment in international sale transactions
- Authors: Kotelo, Mamphahama Alina
- Date: 2015
- Subjects: Banks and banking , Documentary credit , International trade , Foreign exchange , Electronic funds transfers , Electronic commerce , Trade regulation
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/59351 , uj:16520
- Description: Abstract: Please refer to full text to view abstract , LL.M.
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- Authors: Kotelo, Mamphahama Alina
- Date: 2015
- Subjects: Banks and banking , Documentary credit , International trade , Foreign exchange , Electronic funds transfers , Electronic commerce , Trade regulation
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/59351 , uj:16520
- Description: Abstract: Please refer to full text to view abstract , LL.M.
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Effectiveness of inward FDI from China into the South African banking sector
- Authors: Appavoo, Dhanesvarin
- Date: 2012-06-04
- Subjects: Banks and banking , Foreign investments , Chinese investments , Foreign direct investments
- Type: Thesis
- Identifier: uj:2378 , http://hdl.handle.net/10210/4833
- Description: M. Comm. , Globalisation in the banking sector is on the rise and South Africa is getting a fair share of the market. There are few studies that provide any guidance to managers faced with this option. The primary objective of this research is to investigate inward FDI from China into the South African banking sector. This objective is based on the ICBC and Standard Bank partnership.
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- Authors: Appavoo, Dhanesvarin
- Date: 2012-06-04
- Subjects: Banks and banking , Foreign investments , Chinese investments , Foreign direct investments
- Type: Thesis
- Identifier: uj:2378 , http://hdl.handle.net/10210/4833
- Description: M. Comm. , Globalisation in the banking sector is on the rise and South Africa is getting a fair share of the market. There are few studies that provide any guidance to managers faced with this option. The primary objective of this research is to investigate inward FDI from China into the South African banking sector. This objective is based on the ICBC and Standard Bank partnership.
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Enkele aspekte van die monetiseringsproblematiek van die huidige internasionale ekonomiese stelsel
- Authors: Falkena, Hans Boudewijn
- Date: 2015-10-21
- Subjects: International economic relations , Banks and banking
- Type: Thesis
- Identifier: uj:14410 , http://hdl.handle.net/10210/14892
- Description: M.Com. (Economics) , Please refer to full text to view abstract
- Full Text:
- Authors: Falkena, Hans Boudewijn
- Date: 2015-10-21
- Subjects: International economic relations , Banks and banking
- Type: Thesis
- Identifier: uj:14410 , http://hdl.handle.net/10210/14892
- Description: M.Com. (Economics) , Please refer to full text to view abstract
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Investigating client relationship needs and wants within the banking industry in South Africa
- Authors: Eksteen, Jacques
- Date: 2011-11-30
- Subjects: Relationship marketing , Consumer satisfaction , Customer relations , Customer services , Customer loyalty , Banks and banking
- Type: Thesis
- Identifier: uj:1752 , http://hdl.handle.net/10210/4107
- Description: M.Comm.
- Full Text:
- Authors: Eksteen, Jacques
- Date: 2011-11-30
- Subjects: Relationship marketing , Consumer satisfaction , Customer relations , Customer services , Customer loyalty , Banks and banking
- Type: Thesis
- Identifier: uj:1752 , http://hdl.handle.net/10210/4107
- Description: M.Comm.
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Knowledge sharing tools for a banking institution
- Authors: Shezi, Guyborn Njabulo
- Date: 2016
- Subjects: Knowledge management , Information services , Banks and banking
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/237854 , uj:24378
- Description: M.Com. (Business Management) , Abstract: Banking institutions operate in a sector driven by knowledge as an essential commodity for attaining and retaining a competitive advantage in a highly competitive knowledge economy. This economy is characterised by constant disruptions. Knowledge creation and sharing are essential activities that share a dichotomous relationship needed in shaping the competitive edge of modern banking institutions. Modern business is often characterised by organisational restructurings that bring about a plethora of positive and negative consequences to operations, people and knowledge flow in an organisation. Managing the sharing of knowledge through employing relevant, useful knowledge sharing tools during periods of major restructuring and post restructuring poses a challenge to management. Management may not always have high levels of awareness of the importance of ensuring that knowledge sharing survives major organisational restructuring. Management has to ensure that knowledge sharing continues to play its pivotal role in accelerating the company’s journey of recovery from chaos and moving towards normality and high business performance. The journey of one company, a banking institution, was the focus of this study. A case study was done on the use of knowledge sharing tools in helping a banking institution thrive under different business conditions viz. a period of major restructure and a period that follows a major restructure. The purpose of the study was to make a contribution to modern literature on business management by elevating the essentiality of applying knowledge management by promoting knowledge sharing in a normal business operating climate as well as under turbulent conditions. The empirical study involved interviewing employees at a major banking institution with the aim of gaining insights in the essential variables that must be taken into account when managing knowledge sharing within a banking institution. A questionnaire was used to gather data for an analysis of multiple knowledge sharing tools for their perceived usefulness in fostering knowledge under different business conditions. Though this study was not based on generational theory, it became necessary to understand a generational view on how the various knowledge sharing tools are used in the workplace. The case study participants included employees falling within the baby boomer, generation X and generation Y categories...
- Full Text:
- Authors: Shezi, Guyborn Njabulo
- Date: 2016
- Subjects: Knowledge management , Information services , Banks and banking
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/237854 , uj:24378
- Description: M.Com. (Business Management) , Abstract: Banking institutions operate in a sector driven by knowledge as an essential commodity for attaining and retaining a competitive advantage in a highly competitive knowledge economy. This economy is characterised by constant disruptions. Knowledge creation and sharing are essential activities that share a dichotomous relationship needed in shaping the competitive edge of modern banking institutions. Modern business is often characterised by organisational restructurings that bring about a plethora of positive and negative consequences to operations, people and knowledge flow in an organisation. Managing the sharing of knowledge through employing relevant, useful knowledge sharing tools during periods of major restructuring and post restructuring poses a challenge to management. Management may not always have high levels of awareness of the importance of ensuring that knowledge sharing survives major organisational restructuring. Management has to ensure that knowledge sharing continues to play its pivotal role in accelerating the company’s journey of recovery from chaos and moving towards normality and high business performance. The journey of one company, a banking institution, was the focus of this study. A case study was done on the use of knowledge sharing tools in helping a banking institution thrive under different business conditions viz. a period of major restructure and a period that follows a major restructure. The purpose of the study was to make a contribution to modern literature on business management by elevating the essentiality of applying knowledge management by promoting knowledge sharing in a normal business operating climate as well as under turbulent conditions. The empirical study involved interviewing employees at a major banking institution with the aim of gaining insights in the essential variables that must be taken into account when managing knowledge sharing within a banking institution. A questionnaire was used to gather data for an analysis of multiple knowledge sharing tools for their perceived usefulness in fostering knowledge under different business conditions. Though this study was not based on generational theory, it became necessary to understand a generational view on how the various knowledge sharing tools are used in the workplace. The case study participants included employees falling within the baby boomer, generation X and generation Y categories...
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Knowledge-mapping of blockchain technology applications for a banking institution
- Authors: Sewpersadh, Natisha
- Date: 2019
- Subjects: Blockchains (Databases) , Banks and banking , Bitcoin , Internet of things
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/403012 , uj:33752
- Description: Abstract : Blockchain technology is a relatively new technology which provides many opportunities for knowledge-mapping. Blockchain technology is best described as a decentralised ledger system that stores information about transactions and uses digital currencies such as Bitcoin. The best possible utilisation of a new technology usually depends on how quickly people can develop and apply new knowledge of the technology. Knowledge is a key component to leverage the most useful features of any new technology. Moreover, it is crucial to know how to avoid the pitfalls of a new technology in order to develop solutions. This study’s unit of analysis is knowledge of blockchain technology, that is, the knowledge possessed by people operating in the banking industry. The banking industry is sternly regulated in all jurisdictions and employee know-how is a valuable resource. The recent wide dissemination of blockchain technology, the popularity of cryptocurrencies, and the Initial Coin Offering have contributed to the fact that financial institutions’ management underline the vast potential of blockchain technology in the financial industry. For example, large banks are conducting tests of decentralised asset technology and implementing decentralised ledger systems in business processes. Banks are investing in projects and start-ups that are developing blockchain-based solutions. Therefore, bank employees with know-how and prior experience with blockchain are essential to create blockchain solutions. The objective of this study is to map the existing know-how and identify knowledge gaps of blockchain technology know-how and its possible application in a South African Banking Institution (SABI). This is done through an analysis of knowledge of how the utilisation of blockchain technology changes the existing operations models of financial institutions. The research methodology consists of an inductive knowledge-mapping strategy and mixed-method approach. The quantitative data collection method involved gathering data via an online questionnaire sent to a purposive sample, namely, SABI’s clients, investors, experts, and individuals with the common denominator: Blockchain technology knowledge interest who had attended the Blockchain Africa Conference. The qualitative data collection method was an interview with individuals who had a specific technical knowledge of blockchain technology, with the common denominator: SABI blockchain knowledge group. iv The data analysis was sequential; the quantitative data analysis was followed by qualitative data analysis. The findings identify categories of knowledge that are needed to inform and build new blockchain technology-based operations models. Knowledge gaps were identified in the SABI. Based on the findings, the study conceptualises a knowledge map and develops a theory, namely: If the blockchain knowledge maps of financial institutions integrate knowledge across their Core Banking Application pillars, then the financial services industry will create an Internet of Value-Exchange advantage for everyone on the network. Further study is required in order to test this theory. A key recommendation is to perform knowledge-mapping of the Core Banking Application pillars as the next step of SABI’s knowledge maturity of blockchain technology. In conclusion, knowledge maturity of blockchain technology is essential to create an Internet of Value-Exchange advantage for everyone within the network. The mapping of knowledge provides a measurement of knowledge maturity. Blockchain technology provides many opportunities for knowledge-mapping. , M.Phil. (Information Management)
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- Authors: Sewpersadh, Natisha
- Date: 2019
- Subjects: Blockchains (Databases) , Banks and banking , Bitcoin , Internet of things
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/403012 , uj:33752
- Description: Abstract : Blockchain technology is a relatively new technology which provides many opportunities for knowledge-mapping. Blockchain technology is best described as a decentralised ledger system that stores information about transactions and uses digital currencies such as Bitcoin. The best possible utilisation of a new technology usually depends on how quickly people can develop and apply new knowledge of the technology. Knowledge is a key component to leverage the most useful features of any new technology. Moreover, it is crucial to know how to avoid the pitfalls of a new technology in order to develop solutions. This study’s unit of analysis is knowledge of blockchain technology, that is, the knowledge possessed by people operating in the banking industry. The banking industry is sternly regulated in all jurisdictions and employee know-how is a valuable resource. The recent wide dissemination of blockchain technology, the popularity of cryptocurrencies, and the Initial Coin Offering have contributed to the fact that financial institutions’ management underline the vast potential of blockchain technology in the financial industry. For example, large banks are conducting tests of decentralised asset technology and implementing decentralised ledger systems in business processes. Banks are investing in projects and start-ups that are developing blockchain-based solutions. Therefore, bank employees with know-how and prior experience with blockchain are essential to create blockchain solutions. The objective of this study is to map the existing know-how and identify knowledge gaps of blockchain technology know-how and its possible application in a South African Banking Institution (SABI). This is done through an analysis of knowledge of how the utilisation of blockchain technology changes the existing operations models of financial institutions. The research methodology consists of an inductive knowledge-mapping strategy and mixed-method approach. The quantitative data collection method involved gathering data via an online questionnaire sent to a purposive sample, namely, SABI’s clients, investors, experts, and individuals with the common denominator: Blockchain technology knowledge interest who had attended the Blockchain Africa Conference. The qualitative data collection method was an interview with individuals who had a specific technical knowledge of blockchain technology, with the common denominator: SABI blockchain knowledge group. iv The data analysis was sequential; the quantitative data analysis was followed by qualitative data analysis. The findings identify categories of knowledge that are needed to inform and build new blockchain technology-based operations models. Knowledge gaps were identified in the SABI. Based on the findings, the study conceptualises a knowledge map and develops a theory, namely: If the blockchain knowledge maps of financial institutions integrate knowledge across their Core Banking Application pillars, then the financial services industry will create an Internet of Value-Exchange advantage for everyone on the network. Further study is required in order to test this theory. A key recommendation is to perform knowledge-mapping of the Core Banking Application pillars as the next step of SABI’s knowledge maturity of blockchain technology. In conclusion, knowledge maturity of blockchain technology is essential to create an Internet of Value-Exchange advantage for everyone within the network. The mapping of knowledge provides a measurement of knowledge maturity. Blockchain technology provides many opportunities for knowledge-mapping. , M.Phil. (Information Management)
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Lending patterns and adaptations made to the Grameen Bank Model in South Africa
- Authors: Moolla, Raeesa
- Date: 2011-12-12
- Subjects: Microfinance , Banks and banking , Grameen Bank Model (Bangladesh) , Grameencredit
- Type: Thesis
- Identifier: uj:1887 , http://hdl.handle.net/10210/4241
- Description: M.A. , In South Africa, high unemployment rates, uneven distribution of opportunities and poverty are major concerns for the government. Poverty is defined as the deprivation of people due to the lack of access, and their right, to certain commodities. In 2004, close to 15,4 million people were living below the poverty line. In addition to this, in 2005, 53 percent of South Africans, equating to 16,4 million persons, were excluded from formal financial services. Microcredit has been advocated as a tool to reduce poverty. A world renowned microfinance model, the Grameen Bank model of Bangladesh has had success in not only reducing poverty, but also allowing poor people access to formal financial services. The bank has 7,93 million borrowers, with 97 percent being female clients, and one third of its borrowers have crossed the poverty line. Four organisations in South Africa have replicated this model. These organisations are the Small Enterprise Foundation, Marang Financial Services, The Women's Development Businesses, and the South African National Zakah Fund. These organisations have achieved in reaching 130,000 clients across South Africa, and extended over R1 billion in loans. However, only four of the nine provinces in the country have been infiltrated effectively. The impacts on these borrowers lives, and their households has been exceptional. Many of the families now have increased selfworth, a stable income, job security and access to credit in order to advance their businesses. In addition, Grameencredit has allowed thousands of South Africans access to legal, formal financial services. Thus, Grameencredit has been advocated to be an effective method in the fight against poverty.
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- Authors: Moolla, Raeesa
- Date: 2011-12-12
- Subjects: Microfinance , Banks and banking , Grameen Bank Model (Bangladesh) , Grameencredit
- Type: Thesis
- Identifier: uj:1887 , http://hdl.handle.net/10210/4241
- Description: M.A. , In South Africa, high unemployment rates, uneven distribution of opportunities and poverty are major concerns for the government. Poverty is defined as the deprivation of people due to the lack of access, and their right, to certain commodities. In 2004, close to 15,4 million people were living below the poverty line. In addition to this, in 2005, 53 percent of South Africans, equating to 16,4 million persons, were excluded from formal financial services. Microcredit has been advocated as a tool to reduce poverty. A world renowned microfinance model, the Grameen Bank model of Bangladesh has had success in not only reducing poverty, but also allowing poor people access to formal financial services. The bank has 7,93 million borrowers, with 97 percent being female clients, and one third of its borrowers have crossed the poverty line. Four organisations in South Africa have replicated this model. These organisations are the Small Enterprise Foundation, Marang Financial Services, The Women's Development Businesses, and the South African National Zakah Fund. These organisations have achieved in reaching 130,000 clients across South Africa, and extended over R1 billion in loans. However, only four of the nine provinces in the country have been infiltrated effectively. The impacts on these borrowers lives, and their households has been exceptional. Many of the families now have increased selfworth, a stable income, job security and access to credit in order to advance their businesses. In addition, Grameencredit has allowed thousands of South Africans access to legal, formal financial services. Thus, Grameencredit has been advocated to be an effective method in the fight against poverty.
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Progress on the Financial Sector Charter scorecard in the South African banking sector
- Authors: Matlabe, Aubrey
- Date: 2010-10-25T06:32:35Z
- Subjects: Banks and banking , Financial institutions , Financial Sector Charter
- Type: Thesis
- Identifier: uj:6937 , http://hdl.handle.net/10210/3447
- Description: M.Comm. , The Financial Sector Charter is a transformation charter in terms of the Broad-based Black Economic Empowerment (BBBEE) Act (Act 53 of 2003). The Charter is a voluntary initiative by the financial sector to address racially based income and social inequalities in South Africa. It aims to encourage black economic participation through its six pillars. The Charter came into effect in January 2004 as a result of the Financial Sector Summit hosted by the National Economic Development and Labour Council (NEDLAC), the multilateral social dialogue forum on social, economic and labour policy. The Nedlac partners – government, business, labour and community constituencies – negotiated the Financial Sector Summit Agreements on transforming the financial sector and signed the Summit declaration on 20 August 2002. The Charter commits its participants to 'actively promoting a transformed, vibrant, and globally competitive financial sector that reflects the demographics of South Africa, and contributes to the establishment of an equitable society by effectively providing accessible financial services to black people and by directing investment into targeted sectors of the economy. Financial institutions affected by the Charter include banks, long-term insurers, shortterm insurers, re-insurers, collective investment schemes, investment managers, retirement funds, and licensed exchanges. Any other institution in the financial sector may opt to participate in the Charter. The objectives of the Charter are to: • constitute a framework and establish the principles upon which BEE will be implemented in the financial sector; • provide the basis for the sector’s engagement with other stakeholders; • establish targets and unquantified responsibilities in respect of each principle; • outline processes for implementing the charter and mechanisms to monitor and report on progress. Progress on the Financial Sector Charter Scorecard in the South African Banking Sector In pursuit of these objectives, the Charter commits financial institutions in the sector to transforming in the areas of: • Human resource development; • Procurement of goods and services; • Access to financial services; • Empowerment financing; • Ownership and control; • Corporate social investment. The study provides an overview on the above objectives of the Charter and seeks to measure and assesses in detail the progress of the banking sector regarding the six key areas of the FSC as outlined in the FSC Scorecard against the set targets of 2008. The scorecards analysed would be those that have been submitted to the Council as at the 31 December 2006. • Amalgamated Banks of South Africa (Absa Group); • FirstRand Group (including First National Bank); • Nedbank Group; • Standard Bank Group. The study will assess the performance of each bank, highlighting the positives and providing recommendations where there are shortfalls. The results will be consolidated to give an overall performance overview of the banking sector in South Africa in meeting transformational challenges faced by the country. According to the South African Reserve Bank (2008:106) the financial services sector including insurance, real estate and business services added 22% to the Gross Domestic Product (GDP) in 2007 making it the biggest contributor. It is therefore imperative for this study to be undertaken to assess and ensure that the sector commits to the process of transformation in addressing the past imbalances with regard to inclusive participation by all in the South African economy.
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- Authors: Matlabe, Aubrey
- Date: 2010-10-25T06:32:35Z
- Subjects: Banks and banking , Financial institutions , Financial Sector Charter
- Type: Thesis
- Identifier: uj:6937 , http://hdl.handle.net/10210/3447
- Description: M.Comm. , The Financial Sector Charter is a transformation charter in terms of the Broad-based Black Economic Empowerment (BBBEE) Act (Act 53 of 2003). The Charter is a voluntary initiative by the financial sector to address racially based income and social inequalities in South Africa. It aims to encourage black economic participation through its six pillars. The Charter came into effect in January 2004 as a result of the Financial Sector Summit hosted by the National Economic Development and Labour Council (NEDLAC), the multilateral social dialogue forum on social, economic and labour policy. The Nedlac partners – government, business, labour and community constituencies – negotiated the Financial Sector Summit Agreements on transforming the financial sector and signed the Summit declaration on 20 August 2002. The Charter commits its participants to 'actively promoting a transformed, vibrant, and globally competitive financial sector that reflects the demographics of South Africa, and contributes to the establishment of an equitable society by effectively providing accessible financial services to black people and by directing investment into targeted sectors of the economy. Financial institutions affected by the Charter include banks, long-term insurers, shortterm insurers, re-insurers, collective investment schemes, investment managers, retirement funds, and licensed exchanges. Any other institution in the financial sector may opt to participate in the Charter. The objectives of the Charter are to: • constitute a framework and establish the principles upon which BEE will be implemented in the financial sector; • provide the basis for the sector’s engagement with other stakeholders; • establish targets and unquantified responsibilities in respect of each principle; • outline processes for implementing the charter and mechanisms to monitor and report on progress. Progress on the Financial Sector Charter Scorecard in the South African Banking Sector In pursuit of these objectives, the Charter commits financial institutions in the sector to transforming in the areas of: • Human resource development; • Procurement of goods and services; • Access to financial services; • Empowerment financing; • Ownership and control; • Corporate social investment. The study provides an overview on the above objectives of the Charter and seeks to measure and assesses in detail the progress of the banking sector regarding the six key areas of the FSC as outlined in the FSC Scorecard against the set targets of 2008. The scorecards analysed would be those that have been submitted to the Council as at the 31 December 2006. • Amalgamated Banks of South Africa (Absa Group); • FirstRand Group (including First National Bank); • Nedbank Group; • Standard Bank Group. The study will assess the performance of each bank, highlighting the positives and providing recommendations where there are shortfalls. The results will be consolidated to give an overall performance overview of the banking sector in South Africa in meeting transformational challenges faced by the country. According to the South African Reserve Bank (2008:106) the financial services sector including insurance, real estate and business services added 22% to the Gross Domestic Product (GDP) in 2007 making it the biggest contributor. It is therefore imperative for this study to be undertaken to assess and ensure that the sector commits to the process of transformation in addressing the past imbalances with regard to inclusive participation by all in the South African economy.
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Stakeholder perceptions of the relevance of corporate social responsibility policies and practices in the banking industry
- Authors: Johnson, Darren Leslie
- Date: 2012-06-05
- Subjects: Banks and banking , Social responsibility of business
- Type: Mini-Dissertation
- Identifier: uj:2450 , http://hdl.handle.net/10210/4908
- Description: M.Comm. , Organisations, such as the banks, have realised that it is important to be profitable while, at the same time, they need to be good corporate citizens. Banks have certain codes of practice to follow and, by investing in more than just their core business, they can improve on their corporate social responsibility (CSR) and sustainability initiatives. These CSR and sustainability practices are used as a means of demonstrating to their stakeholders that they are taking pro-active measures to behave in a manner that is socially responsible and that they are making a contribution to mitigating the socio-political effects of South Africa‟s past. However, banks might be using their CSR endeavours as a means to improve their public image rather than engaging in actual corporate citizenship. The objective of the study was to investigate stakeholders‟ perception of the relevance of CSR policies and practices in each of South Africa‟s four largest banks.
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- Authors: Johnson, Darren Leslie
- Date: 2012-06-05
- Subjects: Banks and banking , Social responsibility of business
- Type: Mini-Dissertation
- Identifier: uj:2450 , http://hdl.handle.net/10210/4908
- Description: M.Comm. , Organisations, such as the banks, have realised that it is important to be profitable while, at the same time, they need to be good corporate citizens. Banks have certain codes of practice to follow and, by investing in more than just their core business, they can improve on their corporate social responsibility (CSR) and sustainability initiatives. These CSR and sustainability practices are used as a means of demonstrating to their stakeholders that they are taking pro-active measures to behave in a manner that is socially responsible and that they are making a contribution to mitigating the socio-political effects of South Africa‟s past. However, banks might be using their CSR endeavours as a means to improve their public image rather than engaging in actual corporate citizenship. The objective of the study was to investigate stakeholders‟ perception of the relevance of CSR policies and practices in each of South Africa‟s four largest banks.
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The assessment of bank-risk in emerging markets
- Authors: Els, Jacques Pierre
- Date: 2014-09-15
- Subjects: Macroeconomics , Banks and banking , Economic indicators
- Type: Thesis
- Identifier: uj:12278 , http://hdl.handle.net/10210/12064
- Description: M.Com. (Business Management) , Until mid-1997, South East Asia was regarded as among the most economically successful regions of all time. Growth forecasts were very positive and current account deficits were equally satisfying, Then, on July 2, 1997, the Thai Baht suffered severe devaluation and subsequently sparked the "East Asian crisis" (Zaaiman & King, 3). The crisis started in Thailand and soon spread to Indonesia, the Philippines, South Korea and eventually Malaysia. Everyone was still measuring the spill-over effects that the Asian crisis had on other emerging markets when another piece of alarming news made the headlines. Russia's. Rouble suffered devaluation during October 1998 - slightly more than a year after the East Asian crisis first emerged. Suddenly emerging market economies became a major cause of concern and banks, like many other industries, within emerging markets were viewed with equal pessimism. The above two crises were unfortunately not the end of what was perceived to be a world-wide emerging market crisis. During December 1998, Brazil's Minister of Finance and the country's Central Banker both resigned within a short period, again sending shock waves throughout emerging markets. This situation was reminiscent of the' Mexican Peso devaluation and the crisis that followed accordingly in emerging markets in the early 1990's.
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- Authors: Els, Jacques Pierre
- Date: 2014-09-15
- Subjects: Macroeconomics , Banks and banking , Economic indicators
- Type: Thesis
- Identifier: uj:12278 , http://hdl.handle.net/10210/12064
- Description: M.Com. (Business Management) , Until mid-1997, South East Asia was regarded as among the most economically successful regions of all time. Growth forecasts were very positive and current account deficits were equally satisfying, Then, on July 2, 1997, the Thai Baht suffered severe devaluation and subsequently sparked the "East Asian crisis" (Zaaiman & King, 3). The crisis started in Thailand and soon spread to Indonesia, the Philippines, South Korea and eventually Malaysia. Everyone was still measuring the spill-over effects that the Asian crisis had on other emerging markets when another piece of alarming news made the headlines. Russia's. Rouble suffered devaluation during October 1998 - slightly more than a year after the East Asian crisis first emerged. Suddenly emerging market economies became a major cause of concern and banks, like many other industries, within emerging markets were viewed with equal pessimism. The above two crises were unfortunately not the end of what was perceived to be a world-wide emerging market crisis. During December 1998, Brazil's Minister of Finance and the country's Central Banker both resigned within a short period, again sending shock waves throughout emerging markets. This situation was reminiscent of the' Mexican Peso devaluation and the crisis that followed accordingly in emerging markets in the early 1990's.
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The impact of bank intermediation on economic growth in South Africa, 1981-2007
- Authors: Mashele, Shighughudwana
- Date: 2010-11-09T06:26:59Z
- Subjects: Economic development , Banks and banking , Finance
- Type: Thesis
- Identifier: uj:6958 , http://hdl.handle.net/10210/3467
- Description: D.Litt. et Phil. , This study essentially is about the correlation between finance and economic growth. The research hypothesis postulates a direct causal correlation between bank-intermediated finance and economic growth in South Africa (SA) during the reference period. International research findings give mixed signals on the role, if any, that finance plays in economic growth. In the past, many economic commentators ignored the role of finance in economic growth, or argued that finance had no direct role in economic growth. However, contemporary research tends to assign a positive role for finance in economic growth. This has implications for economic policy-making, because policies which promote bank intermediation indirectly contribute towards enhancing prospects for economic growth, and vice versa. An innovative dimension in the discourse on the finance-economic growth nexus is introduced in this study by means of qualitatively linking bank regulation to economic growth. It is argued in this thesis that bank regulation influences the intensity and scope of the mobilisation and allocation of loanable funds in an economy. If the financial regulatory regime restricts banks from optimising their mobilisation of surplus funds, and the subsequent allocation of credit for productive investment, then the prospects for economic growth will be diminished. On the contrary, financial regulatory policies that promote bank intermediation are also likely to enhance prospects for economic growth. Moreover, financial regulation that unwittingly triggers financial crises, such as bank runs, will be harmful to the performance of the economy. This emphasises that financial regulation should be designed to create an environment in which stability reigns in the financial markets.
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- Authors: Mashele, Shighughudwana
- Date: 2010-11-09T06:26:59Z
- Subjects: Economic development , Banks and banking , Finance
- Type: Thesis
- Identifier: uj:6958 , http://hdl.handle.net/10210/3467
- Description: D.Litt. et Phil. , This study essentially is about the correlation between finance and economic growth. The research hypothesis postulates a direct causal correlation between bank-intermediated finance and economic growth in South Africa (SA) during the reference period. International research findings give mixed signals on the role, if any, that finance plays in economic growth. In the past, many economic commentators ignored the role of finance in economic growth, or argued that finance had no direct role in economic growth. However, contemporary research tends to assign a positive role for finance in economic growth. This has implications for economic policy-making, because policies which promote bank intermediation indirectly contribute towards enhancing prospects for economic growth, and vice versa. An innovative dimension in the discourse on the finance-economic growth nexus is introduced in this study by means of qualitatively linking bank regulation to economic growth. It is argued in this thesis that bank regulation influences the intensity and scope of the mobilisation and allocation of loanable funds in an economy. If the financial regulatory regime restricts banks from optimising their mobilisation of surplus funds, and the subsequent allocation of credit for productive investment, then the prospects for economic growth will be diminished. On the contrary, financial regulatory policies that promote bank intermediation are also likely to enhance prospects for economic growth. Moreover, financial regulation that unwittingly triggers financial crises, such as bank runs, will be harmful to the performance of the economy. This emphasises that financial regulation should be designed to create an environment in which stability reigns in the financial markets.
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The implementation of third wave management in the technology and operations division of Nedbank Limited
- Loubser, Gideon Jacobus Hefer
- Authors: Loubser, Gideon Jacobus Hefer
- Date: 2012-02-29
- Subjects: Organizational change , Banks and banking , Financial services industry , Nedbank - Management
- Type: Thesis
- Identifier: http://ujcontent.uj.ac.za8080/10210/375003 , uj:2117 , http://hdl.handle.net/10210/4486
- Description: M.Comm.
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- Authors: Loubser, Gideon Jacobus Hefer
- Date: 2012-02-29
- Subjects: Organizational change , Banks and banking , Financial services industry , Nedbank - Management
- Type: Thesis
- Identifier: http://ujcontent.uj.ac.za8080/10210/375003 , uj:2117 , http://hdl.handle.net/10210/4486
- Description: M.Comm.
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