BUSINESS CONFIDENCE IN SOUTH AFRICA: IDENTIFYING KEY DOMESTIC DRIVERS AND THE NATURE OF THEIR IMPACT.

2016 ◽  
Author(s):  
Andrew Maredza ◽  
Zvikomborero Nyamazunzu
Keyword(s):  
South Africa ◽  
Business Confidence

scholarly journals Business confidence and inflation in South Africa: variance decomposition and GIRF analysis

2013 ◽  
Vol 11 (1) ◽  
pp. 864-871
Author(s):  
John Khumalo
Keyword(s):  
South Africa ◽  
Time Series ◽  
Time Series Data ◽  
Negative Relationship ◽  
Variance Decomposition ◽  
Series Data ◽  
Impulse Response Functions ◽  
Response Functions ◽  
Business Managers ◽  
Business Confidence

The study empirically investigates how business confidence responds to inflation shock in South Africa using the quarterly time series data spanning the period 1993Q1 – 2013Q1. The variance decomposition revealed that although inflation accounted for about 2 percent in the initial stages, it did account for about 27 percent to shocks in business confidence at later stages. The Generalized Impulse Response Functions (GIRF) also confirmed that inflation uncertainty does cause some negative shocks on how business managers/owners perceive the future of their business prospects. These results show that there is a negative relationship between business confidence and inflation in South Africa.

scholarly journals Regional Business Confidence as Early Indicator of Regional Economic Growth

2021 ◽  
Vol 19 (1) ◽  
pp. 27-48
Author(s):  
Ewert Kleynhans ◽  
Clive Coetzee
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Cross Sections ◽  
National Level ◽  
Panel Cointegration ◽  
Regional Economic Growth ◽  
Regional Economic ◽  
Early Indicator ◽  
Kwazulu Natal ◽  
Business Confidence

Official sub-national GDP figures in South Africa are usually published with long delays or not at all, i.e. relevant, reliable, and real-time economic data on a provincial and local (municipal) level are often non-existent, causing a significant data asymmetry at the sub-national level. The search for an ‘optimal’ sub-national proxy for regional economic growth focuses on the possible use of regional business confidence. This article, therefore, investigates the use of regional business confidence indices (RBCI) as an early indicator or proxy of the regional economic growth rate (RGDP). To this end, the study employed panel cointegration methodology and techniques to interrogate the possible association between regional business confidence and regional economic growth, focusing on three specific regions of KwaZulu-Natal, South Africa. The results suggest that the utilisation of regional business confidence indicators indeed has merit. Constraints experienced in the study indicate the direction that further studies may follow, especially concerning the scope of the period and cross-sections. The research, therefore, addresses a fundamental gap in the data asymmetry in South Africa, while also setting a benchmark for other researchers to follow.

Time and Latitude in South Africa

1972 ◽  
Vol 1 ◽  
pp. 27-38
Author(s):  
J. Hers
Keyword(s):  
South Africa ◽  
Cape Town ◽  
Astronomical Observations ◽  
Royal Observatory ◽  
The Republic ◽  
Astronomical Determination ◽  
Limited Accuracy ◽  
Better Than

In South Africa the modern outlook towards time may be said to have started in 1948. Both the two major observatories, The Royal Observatory in Cape Town and the Union Observatory (now known as the Republic Observatory) in Johannesburg had, of course, been involved in the astronomical determination of time almost from their inception, and the Johannesburg Observatory has been responsible for the official time of South Africa since 1908. However the pendulum clocks then in use could not be relied on to provide an accuracy better than about 1/10 second, which was of the same order as that of the astronomical observations. It is doubtful if much use was made of even this limited accuracy outside the two observatories, and although there may – occasionally have been a demand for more accurate time, it was certainly not voiced.

Combining Professional Interests and Travel: People to People Citizen Ambassador Program

2011 ◽  
Vol 1 (2) ◽  
pp. 47-54
Author(s):  
Alex Johnson ◽  
Amanda Hitchins
Keyword(s):  
South Africa ◽  
Health Education ◽  
Communication Disorders ◽  
Social Conditions ◽  
Speech Language Pathologists ◽  
Exchange Program

Abstract This article summarizes a series of trips sponsored by People to People, a professional exchange program. The trips described in this report were led by the first author of this article and include trips to South Africa, Russia, Vietnam and Cambodia, and Israel. Each of these trips included delegations of 25 to 50 speech-language pathologists and audiologists who participated in professional visits to learn of the health, education, and social conditions in each country. Additionally, opportunities to meet with communication disorders professionals, students, and persons with speech, language, or hearing disabilities were included. People to People, partnered with the American Speech-Language-Hearing Association (ASHA), provides a meaningful and interesting way to learn and travel with colleagues.

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