ENGLISH ABSTRACT: Repurchasing of shares by South African companies were legalised on 1 July 1999.This introduced an alternative to dividends for distributing cash to shareholders.Although dividends and share repurchases realise the same value in a perfect efficientmarket, the inefficiencies of...

In form of a qualitative single case study this thesis examines what people from industrialized countries such as Germany can learn about sustainability from Lynedoch EcoVillage, South Africa, and the associated 'Sustainability Institute', a non-profit trust based at and operating from Lynedoch...

ENGLISH ABSTRACT: This research report investigated whether evidence of volatility clustering exists on the FTSE/JSE Top 40 Index. The presence of volatility clustering has practical implications relating to market decisions as well as the accurate measurement and reliable forecasting of...

ENGLISH ABSTRACT: Prior to 30 June 1999 companies in South Africa were not allowed to buy back their own shares. Amendments to the Companies Act, the Companies Amendment Act (Act 37 of 1999) radically changed the philosophy around capital maintenance. The result of this amendment is that a...

The study was undertaken to determine whether companies listed on the Johannesburg Stock Exchange disclose shareholder spread in line with the available statutes such as the JSE Listing Requirements. Further, the study explored the closing balances for group, company, trusts, subsidiaries, and...

Monetary policy, and more specifically, inflation targeting through interest rate announcements, plays a major part in determining the movement in share prices.The purpose of the research was to determine whether there is a significant share price reaction to monetary policy announcements. The...

"JSE tops all single stock futures markets" (Business Report, July 13, 2007). The Johannesburg Securities Exchange's (JSE) single stock futures market is the largest in the world. This research investigates the forecasting abilities of implied volatility models for South African single stock...

The purpose of this dissertation is to motivate, construct and test the suitability of the Fama and French (1993) three-factor model in pricing equities listed on the Johannesburg Stock Exchange. Before this can be achieved, however, the existence of the size and the value effects needs to be...

The research investigated the application of the Neural Network (NN) technique in forecasting the All Share Index (ALSI) on the JSE Securities Exchange market.The ALSI was regressed with some of the market drivers: the US Dollar/ rand exchange rate, interest rate, Brent Crude oil, Bankers...

Government accepts responsibility for stimulating and supporting research and development for the welfare of the entire community. Research is therefore a matter of serious concern which should be approached with the greatest degree of responsibility by those trained and qualified to engage in...