Browsing by Author "Sheefeni, Johannes P S"

Now showing 1 - 4 of 4
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    Analysing the effects of public expenditure on economic growth in South Africa
    (University of the Western Cape, 2022) Woodhouse, Carla; Sheefeni, Johannes P S
    Since the commencement of South Africa’s democracy in 1994, South Africa has made tremendous progress with a focus on sustainable economic growth. Due to data limitations because of the Covid-19 pandemic, the study drew on quarterly data for the period 1997 to 2018 to examine the effect of public investment on economic growth in South Africa. The study drew data from World Bank and The International Monetary Fund, making use of real gross domestic production, general government capital stock, private capital stock, research and development and total employment were used. The analysis was conducted with the use of EViews 12.
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    Essays on financial inclusion in South Africa
    (University of the Western Cape, 2022) Matsebula, Velenkosini N. D.; Sheefeni, Johannes P S
    South Africa is known to be troubled by numerous persistent economic problems of inequality, poverty and high unemployment. The country is simultaneously praised for a well-developed financial sector that provides a sophisticated array of financial products. Financial inclusion plays an important role to eradicate poverty and boost economic prosperity, yet financial inclusion is an under-researched topic in South Africa. With the growing recognition of the role financial inclusion plays on the economy, considerable increase in empirical work that seeks to examine its relationship with economic development has also been seen. A rather abandoned area is the macroeconomic relations of FI, particularly due to the fact that, until recent, there was little to no macroeconomic data on FI. This study adopts a threefold approach in examining FI in South Africa.
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    The impact of import on inflation in Namibia
    (Progressive Academic Publishing, UK, 2017) Sheefeni, Johannes P S; Munepapa, Mika
    This study examined the impact of imports on inflation in Namibia using quarterly data from the period 1991Q1 to 2013Q4. The model estimated used imports as a dependent variable, while gross domestic product, money supply (M2), lending rate, and exchange rate as the explanatory variables. An error correction modelling approach was applied on the double log functional form in order to investigate the significance and effect of explanatory variables to inflation in Namibia. The results for the unit root test showed that all the variables were stationary in first difference. The residual based test to cointegration revealed that there is cointegration among the variables. The error correction model showed that imports have a positive effect on inflation in the long run while in the short run the effect is insignificant.
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    Investigating the Relationship between Financial Inclusion and Financial Health in South Africa
    (University of the Western Cape, 2021) Ndaba, Njabulo Smangaliso; Sheefeni, Johannes P S
    South Africa is ranked, by any measure, among the most unequal countries in the world. Despite having a relatively well-developed financial system, historic patterns of economic concentration continue to feed into the pattern of unequal and combined development (Kabakova & Plaksenkov, 2018). With record low saving rates and poor long-term financial planning, Financial Health (FH) has become an important issue for individuals and households. Individuals throughout the world endeavour to better their financial lives. They allocate funds to nondiscretionary expenses, save, take out loans and plan, etc., working towards growing their assets and growing their resources, in their quest for good FH. This study examined the relationship between FI and FH in South Africa, as well as whether and how individuals benefit from their relationship to the financial system. The study used a nationally representative demand-side survey, FinScope South Africa, for the periods 2011 and 2016. Principal Component Analysis (PCA) was applied to derive a Financial Inclusion Index (FII) and a Financial Health Index (FHI) to measure the range of FI and FH in South Africa. Probit regressions were run to measure the likelihood of being financially included and having good FH. Ordinary Least Squares (OLS) were run to identify the sort of the relationship between the dependant and independent variables. Lastly, bivariate regressions were run to test the relationship between FI and FH.