ENGLISH ABSTRACT: Small and medium enterprises have an important role to play in the South Africaneconomy. The success of SME’s will lead to economic growth, that will play a major rolein reducing unemployment in South Africa. It will also be the main driver for blackeconomic empowerment.As...

The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory authorities on the amount of capital banks must hold as a cushion against losses and insolvency. Basel III is of concern to Congress mainly because it could put U.S. financial...

Includes bibliographical references (p. 20-21).

Since commercial banks play important roles in the financial markets, it isimportant to evaluate whether banks operate efficiently. Moreover, given increasedcompetition from non-bank financial institutions, commercial banks should operatemore efficiently than they did previously. Commercial...