The portfolios of the poor -- The daily grind -- Dealing with risk -- Building blocks : creating usefully large sums -- The price of money -- Rethinking microfinance : the Grameen II diaries -- Better portfolios

This report discusses South Africa’s initial social policy response to the Covid-19 pandemic. It provides a timeline of the early stages of the pandemic and of the government’s legislative interventions. South Africa’s social policy response was premised on the country’s post-apartheid...

In this paper, the generalised autoregressive heteroskedasticity (GARCH) model is applied to the pricing of collateralised options in the South African equity market. Symmetric GARCH and nonlinear asymmetric GARCH (AGARCH) models are considered. The models are used to price fully collateralised...

The study examines the dynamics between oil price, exchange rate, and stock market performance in South Africa using DCC-GARCH, time-varying VAR, and multivariate Markov regime switching models. Monthly data on oil price, exchange rate, and market capitalization as a measure of stock performance...

In this paper, we attempt to unpack the nature of revealed inconsistencies in two measures of risk preferences for a sample of young African South Africans. The first measure is a self-reported propensity to take risk in general, and the second is a risk preference elicited through a...

The objective of this paper was to establish challenges and benefits on formalisation in South Africa using a qualitative approach. To meet the objective, 15 interviews were carried out with owners of small businesses that had just formalized in Johannesburg and Pretoria. This study contributes...

COVER -- TITLE PAGE -- ENDORSEMENTS -- COPYRIGHT PAGE -- FULL TITLE PAGE -- ACKNOWLEDGEMENTS -- TABLE OF CONTENTS -- LIST OF FIGURES -- Figure 5.1: Defining Sport for Development -- Figure 6.1: The negotiation model 39 -- Figure 7.1: South African athlete development support structures -- Figure...