投资到南非

中国企业家的又一投资机会 南非今天经济的发展,得益于大量的外资投入.在受到国际社会的严厉制裁之前,由于南非丰富的矿藏、完备的基础设施、先进的金融体制、英国式的法律政治制度及与西方世界的历史和文化联系,加上取之不尽的黑人廉价劳动力,使得南非成为西方资本的投资天堂.二战后至20世纪70年代初,外资在南非的收益率一直在20%～27%之间,高出在非洲其他国家收益的3～4倍,比在世界其他地区多50%～80%.20世纪80年代,由于国际制裁,大量外资撤资,南非经济受到沉重打击.     

上市南非

南非曾经是一个神秘的国家.一个政治风云起伏跌宕的国家.但1994年发生历史性巨变后,南非以新的形象出现在世界舞台上,发展经济成为这个国家的主题.     

南非的非吸收存款类放贷人法律制度

本文回顾了南非非吸收存款类放贷人以及消费信贷行业监管法律制度的演进过程,着重介绍了南非2005年《国家信贷法》、2006年《国家信贷规定》的立法背景和主要内容,指出我国应加快非吸收存款类放贷人的立法规范进程,积极促进信贷市场创新与发展,规范和引导民间借贷市场,形成金融机构+贷款零售商的新型信贷市场格局。     

Transdisciplinarity in urban South Africa

The ideals and assumptions associated with a transdisciplinary approach to environmental issues are investigated through the experience of a three-year research project in KwaZulu-Natal, South Africa focused on low-cost housing. Through this work, transdisciplinarity was conceptualised not as a panacea to create an all-encompassing research approach, but as an attempt to move away from paradigm isolation and allow researchers to integrate and develop a synthesis from their separate contributions. The paper discusses aspects of transdisciplinarity including definitions, methodologies, team-building, paradigmatic rigidities, the negotiation of power in the production of knowledge with stakeholders and community partners, and institutional challenges. Trade-offs include loss of data resolution at times, but are offset by deeper understanding of the complexities and constraints of applied environmental and social research in contemporary South Africa.     

The challenges facing energy and climate change policy in South Africa

Conclusion In the context of a political situation characterised by a large number of demands from different spheres, it must be doubted whether the South African government will commit its limited financial and institutional resources to develop and implement programmes to raise energy efficiency and reduce emissions of green-house gases to the extent required. For this reason it is important in the political debate to underline the point that energy-saving measures not only help avoid climate change, but also hold out the prospect of economic advantages. Higher energy efficiency is often associated with higher productivity due to the link between the deployment of modern technology and energy-cost savings. The DME has calculated that nation-wide energy savings of between 10 and 20% could lead to a 1.5 to 3% higher level of GDP. Energy efficiency and climate protection have been adopted, at least as a principle, in a number of statutes and regulations, but the concretisation and implementation of support programmes and minimum standards are being hampered by the lack of political and administrative capacities. Yet delays in implementing such measures are likely to raise the costs of climate-protection measures in the future. For instance, it is more costly to put in insulation and ceilings after a house has been built than to incorporate the requirements of heat insulation into housing construction programmes. If expensive negative developments in the future are to be avoided, among other things the scope for international cooperation in this areas should be exploited.     

The impact of constitutional property law on insolvency law in South Africa

It is common for insolvency legislation to interfere with the property rights of debtors, creditors and third parties in pursuit of its purpose to provide an orderly and fair resolution to insolvency‐related problems. However, the South African property clause, Section 25 of the Constitution, prohibits arbitrary interferences with vested property interests. In light of this, this article focuses on the application of Section 25 to insolvency law in South Africa. The question is whether interferences with property rights in terms of insolvency legislation qualify as deprivations of property for constitutional purposes and, if so, whether they comply with the relevant validity requirements. This article investigates this question by explaining the interaction between insolvency law and constitutional law in general, followed by a closer look at the application and operation of the property clause in particular. Thereafter, three examples from case law are discussed to illustrate the role of constitutional property law in evaluating the effects of insolvency legislation in South Africa. The conclusion is drawn that, as long as the relevant requirements are met, the norms underlying the property clause do not hinder the development and implementation of legitimate and necessary insolvency procedures that could impact on vested property rights.     

Personal and Corporate Saving in South Africa

Low domestic saving rates in South Africa may perpetuate a low-growthtrap. The decline in government satfing, a major reason forthe overall decline in saving, is now being reversed. However,personal saving rates have fallen since 1993, and corporaterates since 1995, and both may decline further with lower realinterest rates. It is important to understand both personaland corporate saving behavior in order to formulate policiesto raise the domestic saving rate in line with the needs ofeconomic growth. This article summarizes previous work on thehousehold sector, emphasizing the role of financial liberalization,assets, and income expectations, and explains sectoral linksand policy implications. Further, it analyzes South Africa'scorporate saving rate in detail. Models are developed both forthe share of profits in national income, including the rolesof the terms of trade, tax effects, and the price to unit laborcost ratio, and for the share of corporate saving in profits,which is found to depend on inflation, the real interest rate,dividend taxation, and financial liberalization. Corporate savingis remarkably underresearched, given its importance in manyeconomies. This research thus puts the saving and growth concernsof Kaldor into a modern empirical context.     

南非:税收与公司法律的变化

考虑到1999年7月2日的大选,南非政府在预算和税法方面引入了极少的一些变化.在税收方面唯一的一项实质性的变化是公司税率由35%降低到30%.然而在公司法方面的变化却是意义深远的,其中包括一项允许公司买卖自已股票的修订,也有一些其他方面的修订如增加公司股东和董事薪金方面的透明度.     

南非税制评析

南非在1994年的政治改革中实现了种族平等,①国内各项制度也呈现出新的特征。本文首先总结了近年来中国——南非经贸关系的发展趋势,之后重点剖析了当前南非的税收制度,对其重要税种进行了介绍并与我国相应的税种进行比较,整理并归纳了南非的税收激励政策,以期对已在或拟在南非投资的中资企业有所裨益。     

Internal branding experiences in the financial services sector in South Africa

There is little doubt that employees are critical to the delivery of the service brand. Although existing models propose methods of internal branding, very little is known about the actual corporate experience. Academics around the world have spent decades probing internal marketing, its subset—internal branding—and the impact of internal branding on service delivery. This research focuses on how organisations execute internal branding, revealing critical success factors as well as obstacles encountered. The research was conducted in five large organisations in the financial services sector in South Africa. Each organisation is a highly recognisable consumer brand; the oldest of which is nearing 200 years of being in business and the youngest is just 20 years old. This research adds to the body of knowledge regarding organisational practice of internal branding. Key themes are identified, three of which are largely absent from extant models and literature.