Purpose: The purpose of this paper is to investigate the stability of demand for money in the proposed Southern African Monetary Union (SAMU). Design/methodology/approach: The study uses annual data for the period 1981 to 2015 from ten countries making-up the Southern African Development...

Purpose: This paper examines the effect of both de jure and de facto measures of financial integration on bank profitability in five regional economic communities of Africa. Design/methodology/approach: Using panel data from 405 banks operating in 47 African countries across five regional...