16 articles in this issue
Gideon Els
AbstractNo abstract available.
Martinette Kruger,Melville Saayman,Bianca Manners
AbstractThe Tsitsikamma National Park is Africa’s oldest and largest marine reserve. It has considerable importance for the community and the region. In the face of declining government funding, it needs to attract more high spenders if it is to be sustai... see more
Hugue Nkoutchou,Riëtte Eiselen
AbstractIn a society characterised by high levels of consumption that result in high levels of debt, saving sufficiently for retirement represents a major challenge, especially in light of the steadily increasing cost of living and the cost associated wit... see more
Polly Mashigo,Christie Schoeman
AbstractThe aim of the article is to investigate the possible use of traditional stokvels as a channel or conduit to give poor households access to much-needed cash. Cash and access to cash or credit is central to economic life. The hypothesis of the arti... see more
Linda van Schalkwyk,Rozelle van Schaik
AbstractThe objective of this study was to analyse and compare the concepts permanent establishment and foreign business establishment in order to make recommendations regarding the required additions and amendments to replace the concept foreign business... see more
Chris Callaghan
AbstractThis study extends and tests conceptions offered by the nutrition model of efficiency wage theory into the informal street-trading context. Three street-trader samples from 2008, 2009 and 2010 were drawn from the Johannesburg city centre. Statisti... see more
Christiaan Smit,Merwe Oberholzer,Suria Ellis
AbstractThis study challenges the fairness of sectional title schemes’ levies that are ordered by the Sectional Title Act (95 of 1986) to be allocated according to the participation quota (floor area) of units. Studies have shown that larger units in a se... see more
Nirupa Padia,Warren Maroun
AbstractEven South Africa’s Income Tax Act No. 58 of 1962 uses the terminology ‘place of effective management’ when determining the residency of companies. This term is not, however, defined in the said legislation and there is no South African case law s... see more
Pieter van der Zwan
AbstractThe African continent contributes approximately 12% of the world’s oil production. Despite this wealth, many citizens of oil-rich African countries live in poverty, often because their governments do not collect sufficient compensation for the dep... see more
Francois van Dyk,Gary van Vuuren,Paul Styger
AbstractThe residual variance method is the traditional method for measuring portfolio diversification relative to a market index. Problems arise, however, when the market index itself is not appropriately diversified. A diversification measurement (Portf... see more
Chris van Heerden,André Heymans
AbstractIt is well known that the forward exchange rate and the realised future spot exchange rate differ. This phenomenon is better known as the exchange rate puzzle. Two approaches were followed to ascertain whether this difference is due to the weak ex... see more
Philippe Burger,Helvi Fillipus,Innocent Molalapata
AbstractUsing SVAR analysis, this paper finds what Sims calls a ‘price puzzle’, i.e. a case where CPI increases after a positive interest rate shock. The SVAR analysis controls for various monetary transmission mechanisms, including one based on the South... see more
Chimwemwe Chipeta,Douglas Mbululu
AbstractThis paper examines the impact of the new National Credit Act (NCA) No. 34 of 2005 and the global financial crisis on credit extension provided by all monetary institutions in South Africa. The econometric approach is estimated by way of ordinary ... see more
Nicolette Brouwer
AbstractThe purpose of this research is to generate cash- and value-flow-related indicators of business sustainability. In order to facilitate a meaningful generation of such indicators, an understanding of business sustainability with reference to cash a... see more
Marco Scholtz,Melville Saayman,Martinette Kruger
AbstractThe aim of this study was to identify the determinants of demand of visitors for the Kruger National Park (KNP) during a recession. From 355 questionnaires, the results revealed the following determinants that influenced visitors’ demand for the P... see more
Waldo Krugell,Marianne Matthee
AbstractSmall and medium-sized enterprises are often seen as drivers of economic growth and development by generating employment opportunities. However, for SMEs to be successful they need finance. Access to finance has been found to be a major obstacle t... see more