This study applies an event study analysis on Standard & Poor’s (S&P), Fitch and Moody’s sovereign credit ratings for South Africa over the period 2007 to 2018 to investigate the impact of long-term foreign currency sovereign credit ratings changes on 30-year sovereign bond yield.
The application process for the 2020 Ibrahim Leadership Fellowships is now open. The Ibrahim Leadership Fellowships programme is designed to prepare future African leaders by providing them with mentoring opportunities in key multilateral institutions. The selected candidates will benefit from the direct mentorship of the current heads of the African Development Bank, the International Trade […]
April 28, 2015 by Alassane D. Ouattara For Africa, the importance of good governance has, I think, come to the forefront for two main reasons. The first of these reasons is that after the so-called “lost decade” of the 1980s, Africa seems to have returned to a path of growth. Real annual GDP growth for the region as a […]
This thematic area ensures that the respective national constitutions reflect the democratic ethos and provide for demonstrably accountable governance, and that political representation is promoted, thus providing for all citizens to participate in the political process in a free and fair political environment. The aim is to enforce strict adherence to the position of the […]
Good economic governance, including transparency in financial management, is an essential pre-requisite for promoting economic growth and reducing poverty. Mindful of this, there are five key objectives pursued: Promote macroeconomic policies that support sustainable development Implement transparent, predictable and credible government economic policies Promote sound public finance management Fight corruption and money laundering Accelerate regional […]
Corporate Governance The APRM definition of Corporate Governance involves all aspects that govern a company’s relations with shareholders and other stakeholders. The APRM’s Objectives, Standards, Criteria and Indicators document defines Corporate Governance as concerned with the ethical principles, values and practices that facilitate holding the balance between economic and social goals, and between individual and […]
