The adoption of the twin peaks model in the regulation of South African financial markets : a comparative analysis.
- Marange, Patience https://orcid.org/ 0000-0003-4405-2702
- Authors: Marange, Patience https://orcid.org/ 0000-0003-4405-2702
- Date: 2021-09
- Subjects: Financial services industry , Financial services industry--Law and legislation
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21278 , vital:48175
- Description: Over two decades ago, a number of countries have changed their financial regulatory models. The growing complexity of financial products, the increasing challenge of regulating large financial conglomerates, and the repercussions of the 2008 Global Financial Crisis, amongst other factors, have made regulatory reform a key priority for many economies. A move towards the Twin Peaks model of financial regulation has been one of the trends in recent years. This model sees regulation split into two broad functions which are market conduct regulation and prudential regulation. South Africa adopted the Twin Peaks financial regulatory model in 2017 as a way of strengthening its financial regulatory model. By adopting the Twin Peaks model, South Africa has become the eighth and the first developing country to adopt the financial regulatory model. The adoption of the Twin Peaks financial regulatory model in South Africa was mainly inspired by the effects of the 2008 Global Financial Crisis. This study undertakes a comparison of the Twin Peaks model structure in South Africa with the structure of its counterparts, which are Australia, United Kingdom and the Netherlands. In doing so, the study identifies the strengths and possible weaknesses of the model in South Africa. The study discusses the extent to which the South African Twin Peaks model reflects international experience. The study traces the evolution of the financial markets and its regulation. It also delves into the main models of the regulation of financial services industry including the Twin Peaks model, which is the focus of the study. The rationale of South Africa’s adoption of the Twin Peaks model is also considered. The Twin Peaks model was introduced in South Africa through the enactment of the Financial Sector Regulatory Act. This legislation reveals that South Africa has drawn increasingly on international experience, particularly the structural design and the cooperation and collaboration of the regulators. It also reveals similarities, notable differences as well as characteristics that might be regarded as unique to South Africa. The similarities reveal that the South African Twin Peaks greatly aligns with that of its counterparts. This is exemplified through the cooperation and coordination between the regulators and the relationship between the regulators and the government amongst others. The study explores insights and lessons to South Africa which can be learnt from its counterparts like the need for effective coordination amongst the Twin Peak regulators. Thereafter, the study puts forward recommendations for reform, which can enable the effective implementation of the Twin Peaks financial regulatory architecture. , Thesis (MA) (Laws) -- University of Fort Hare, 2021
- Full Text:
- Authors: Marange, Patience https://orcid.org/ 0000-0003-4405-2702
- Date: 2021-09
- Subjects: Financial services industry , Financial services industry--Law and legislation
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21278 , vital:48175
- Description: Over two decades ago, a number of countries have changed their financial regulatory models. The growing complexity of financial products, the increasing challenge of regulating large financial conglomerates, and the repercussions of the 2008 Global Financial Crisis, amongst other factors, have made regulatory reform a key priority for many economies. A move towards the Twin Peaks model of financial regulation has been one of the trends in recent years. This model sees regulation split into two broad functions which are market conduct regulation and prudential regulation. South Africa adopted the Twin Peaks financial regulatory model in 2017 as a way of strengthening its financial regulatory model. By adopting the Twin Peaks model, South Africa has become the eighth and the first developing country to adopt the financial regulatory model. The adoption of the Twin Peaks financial regulatory model in South Africa was mainly inspired by the effects of the 2008 Global Financial Crisis. This study undertakes a comparison of the Twin Peaks model structure in South Africa with the structure of its counterparts, which are Australia, United Kingdom and the Netherlands. In doing so, the study identifies the strengths and possible weaknesses of the model in South Africa. The study discusses the extent to which the South African Twin Peaks model reflects international experience. The study traces the evolution of the financial markets and its regulation. It also delves into the main models of the regulation of financial services industry including the Twin Peaks model, which is the focus of the study. The rationale of South Africa’s adoption of the Twin Peaks model is also considered. The Twin Peaks model was introduced in South Africa through the enactment of the Financial Sector Regulatory Act. This legislation reveals that South Africa has drawn increasingly on international experience, particularly the structural design and the cooperation and collaboration of the regulators. It also reveals similarities, notable differences as well as characteristics that might be regarded as unique to South Africa. The similarities reveal that the South African Twin Peaks greatly aligns with that of its counterparts. This is exemplified through the cooperation and coordination between the regulators and the relationship between the regulators and the government amongst others. The study explores insights and lessons to South Africa which can be learnt from its counterparts like the need for effective coordination amongst the Twin Peak regulators. Thereafter, the study puts forward recommendations for reform, which can enable the effective implementation of the Twin Peaks financial regulatory architecture. , Thesis (MA) (Laws) -- University of Fort Hare, 2021
- Full Text:
Effects of paclobutrazol and plant spacing on growth, yield, and after effect on sprout development in seed potatoes (solanum tuberosum l.)
- Jokazi, Khuselo Bernad https://orcid.org/0000-0002-8620-9838
- Authors: Jokazi, Khuselo Bernad https://orcid.org/0000-0002-8620-9838
- Date: 2021-01
- Subjects: Potatoes , Plant regulators
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21323 , vital:48406
- Description: Potato (Solanum tuberosum L.) is an herbaceous plant that belongs to the genus Solanum, in the Solanaceae family which is comprised of about 2 800 species (Sahair et al., 2018). Potato domestication can be traced back to the sixteenth century in the South American continent (Hawkes, 1978). The potato crop became a staple food for greater parts of the world towards the end of the seventeenth century. It is not clear when the crop was introduced to the African continent, although the literature indicates that it was grown in some parts of the continent by the late seventeenth century (Hawkes, 1978). Potato is a very bulky crop and is a source of high energy per given area of land (Tsegaw, 2005). Nutritionally, the crop is rich in carbohydrates and provides a considerable amount of protein, with a good balance of amino acids, vitamins (C, B6, and B1, folate), minerals (potassium, phosphorus, calcium, and magnesium), and the micronutrients iron and zinc. Potatoes are also a source of high dietary fiber, especially when eaten unpeeled. In addition, potatoes are rich in antioxidants, including polyphenols, vitamin C, carotenoids, and tocopherols (Bradshaw and Ramsay, 2009). Potatoes play a very important role in the global food system. It is South Africa’s most important vegetable crop (DAFF, 2012). Worldwide, it ranks fourth topmost important food crops following wheat, maize, and rice (Esmaielpour et al., 2011; Bradshaw and Ramsay, 2009), followed by barley (Allemann et al., 2003). South Africa is the 27th largest producer in the world and the 3rd largest producer in Africa after Egypt and Malawi (FAOSTAT, 2015). In the year 2014, potatoes were produced in 51 435 hectares of land, which yielded over 2 million tons (DAFF, 2015). This crop is produced in sixteen producing regions throughout South Africa with the Limpopo, Free State, Western Cape, Mpumalanga, KwaZulu-Natal, and Eastern Cape provinces being the leading regions (DAFF, 2015). Because of the different climatic regions in South Africa, potatoes are planted at different times of the year. As a result, the country enjoys fresh potatoes throughout the year (DAFF, 2014). According to the Potato Industry Research Strategy 2014-17 under Potato South Africa, the past few years have seen a decrease in the area of land under potato production, with an increase in the average yield per area. This yield increment can be accredited to an increase in the production under irrigation system, the use of improved cultivars and seed quality, and the application of research results (PSA, 2014). World potato production indicates that intensive cultivation has led to an increment of potato yields between 1960 and 1999, even though there was a reduction in the area planted with the crop (Fabeiro et al., 2001). However, there is a large gap between potential potato yield and actual yield per hectare. Research undoubtedly holds great potential for narrowing this gap. In order to do so, there is a need to understand the factors limiting potato yield. Temperature, plant spacing, and seed tuber quality are amongst the most significant factors affecting potato growth, yield, and quality. Potatoes are very adaptive; at present, they can be produced in different climatic regions. They are temperate crops, which prefer a cool and humid climate (Haverkort, 1990), but care should be taken to avoid high-stress periods such as temperature extremes. The optimum temperature for haulm growth and net photosynthesis is in the range between 15℃ and 25℃, and 20℃ is the optimum temperature for tuberization. Tuberization is inhibited by temperatures above 29℃, as the photoassimilate partitioning towards the tubers is decreased, leading to an increase in shoot growth (Gawronska et al., 1992). Plant spacing is usually determined by the target market and cultivar. , Thesis (MSc) -- Faculty of Science and Agriculture, 2021
- Full Text:
- Authors: Jokazi, Khuselo Bernad https://orcid.org/0000-0002-8620-9838
- Date: 2021-01
- Subjects: Potatoes , Plant regulators
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10353/21323 , vital:48406
- Description: Potato (Solanum tuberosum L.) is an herbaceous plant that belongs to the genus Solanum, in the Solanaceae family which is comprised of about 2 800 species (Sahair et al., 2018). Potato domestication can be traced back to the sixteenth century in the South American continent (Hawkes, 1978). The potato crop became a staple food for greater parts of the world towards the end of the seventeenth century. It is not clear when the crop was introduced to the African continent, although the literature indicates that it was grown in some parts of the continent by the late seventeenth century (Hawkes, 1978). Potato is a very bulky crop and is a source of high energy per given area of land (Tsegaw, 2005). Nutritionally, the crop is rich in carbohydrates and provides a considerable amount of protein, with a good balance of amino acids, vitamins (C, B6, and B1, folate), minerals (potassium, phosphorus, calcium, and magnesium), and the micronutrients iron and zinc. Potatoes are also a source of high dietary fiber, especially when eaten unpeeled. In addition, potatoes are rich in antioxidants, including polyphenols, vitamin C, carotenoids, and tocopherols (Bradshaw and Ramsay, 2009). Potatoes play a very important role in the global food system. It is South Africa’s most important vegetable crop (DAFF, 2012). Worldwide, it ranks fourth topmost important food crops following wheat, maize, and rice (Esmaielpour et al., 2011; Bradshaw and Ramsay, 2009), followed by barley (Allemann et al., 2003). South Africa is the 27th largest producer in the world and the 3rd largest producer in Africa after Egypt and Malawi (FAOSTAT, 2015). In the year 2014, potatoes were produced in 51 435 hectares of land, which yielded over 2 million tons (DAFF, 2015). This crop is produced in sixteen producing regions throughout South Africa with the Limpopo, Free State, Western Cape, Mpumalanga, KwaZulu-Natal, and Eastern Cape provinces being the leading regions (DAFF, 2015). Because of the different climatic regions in South Africa, potatoes are planted at different times of the year. As a result, the country enjoys fresh potatoes throughout the year (DAFF, 2014). According to the Potato Industry Research Strategy 2014-17 under Potato South Africa, the past few years have seen a decrease in the area of land under potato production, with an increase in the average yield per area. This yield increment can be accredited to an increase in the production under irrigation system, the use of improved cultivars and seed quality, and the application of research results (PSA, 2014). World potato production indicates that intensive cultivation has led to an increment of potato yields between 1960 and 1999, even though there was a reduction in the area planted with the crop (Fabeiro et al., 2001). However, there is a large gap between potential potato yield and actual yield per hectare. Research undoubtedly holds great potential for narrowing this gap. In order to do so, there is a need to understand the factors limiting potato yield. Temperature, plant spacing, and seed tuber quality are amongst the most significant factors affecting potato growth, yield, and quality. Potatoes are very adaptive; at present, they can be produced in different climatic regions. They are temperate crops, which prefer a cool and humid climate (Haverkort, 1990), but care should be taken to avoid high-stress periods such as temperature extremes. The optimum temperature for haulm growth and net photosynthesis is in the range between 15℃ and 25℃, and 20℃ is the optimum temperature for tuberization. Tuberization is inhibited by temperatures above 29℃, as the photoassimilate partitioning towards the tubers is decreased, leading to an increase in shoot growth (Gawronska et al., 1992). Plant spacing is usually determined by the target market and cultivar. , Thesis (MSc) -- Faculty of Science and Agriculture, 2021
- Full Text:
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