Purpose – The purpose of this paper is to model the volatility of treasury bill (T-bill) rates in five Sub-Saharan capital markets to investigate whether or not differences in capital mobility affect volatility. Design/methodology/approach – Primary data was collected from weekly T-bill...

Black Economic Empowerment (BEE) remains one of the most important drivers for corporate restructuring in South Africa and, given the strategic significance of BEE transactions, successfully implementing such transactions poses a critical challenge for corporate South Africa. This paper argues...

The efficiency of futures markets for agricultural commodities is an important issue for participants in the agricultural sector who rely on futures contracts to manage price risk and to assist in planning. Tests of market efficiency in futures markets typically address the relationship between...