...Kasyoka Magdalene Wilson; Désiré Vencatachellum Purpose Since the attainment of fully fledged democracy in 1994, South Africa witnessed a substantial increase in both the number and the value of completed mergers and acquisitions (M&As) targeting South African firms. In spite...

...Bernard Njindan Iyke Purpose This paper aims to assess the effects of housing market shocks on real output in South Africa, by focusing on the real private consumption channel. Design/methodology/approach It measures housing market shocks as non-monetary housing shocks, uses a data set...

... a singular comprehensive framework. In particular, our paper uses the cointegration momentum threshold autoregressive (M-TAR) model of Enders and Granger (1998) as a means of investigating cointegration and causality effects among financial development and economic growth in South Africa. On a broad level...

...' knowledge, this is the first study conducted on South Africa which analyses the impact of a wide range of unanticipated macroeconomic shocks on stock returns. This paper improves on earlier efforts by using measures of monetary policy, as well as other macroeconomic news, which more cleanly isolates...

... of capital flow variables is useful for exploring short‐term excess returns or currency volatility rather than for understanding long‐run currency movements. Studies of the dynamics of South Africa's exchange rates show that there is an empirical relationship between commodity prices and the Rand...