Question 1 Richard and Frank conclude a contract of purchase and sale. • Richard agrees to sell his Yamaha 150 cc motorcycle to Frank. Frank agrees to purchase the motorcycle from Richard. • Frank undertakes to purchase the motorcycle at an agreed price of R10,000 (ten thousand rand). • Payment will take place on the date of delivery. • Richard sells the motorcycle “as is” […]
Posted: October 11, 2024
Essay Topic: “Should the SARB expand its mandate to target employment creation?” Context: “The Reserve Bank is required to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa” (South African Reserve Bank). To this effect, it formally implemented the inflation-targeting framework in February 2000. The inflation target for the bank has been in the 3% – 6% […]
Posted: September 25, 2024
1. Micro topic “Critically discuss the efficiency and equity implications of using income-contingent taxes or loans to fund tertiary education in South Africa.” In response to the above make sure to write on each of these themes: 1) economic rationale, 2) equity rationale, 3) theoretical/model rationale, and 4) South African context. 2. Macro topic: “Discuss the impact of public debt on government finances in developing […]
Posted: April 11, 2024
Panda Flooring (Pty) Ltd (‘Panda Flooring’ or ‘the company’) is a business based in Epping, Cape Town that specialises in the design, supply and installation of high-quality bamboo flooring. Panda Flooring targets the middle to high-end consumer market and has a financial year ending 31 March. The financial accountant of Panda Flooring (Pty) Ltd (Panda Flooring) has recently left the finance team at Panda Flooring […]
Posted: June 2, 2023
The information below applies to Questions 1 to 3, and relates to Sun-Eaze, a sunglass retailer. Bank reconciliation statement of Sun-Eaze as at 31 March Bank reconciliation statement of Sun-Eaze as at 31 March Details Amount Balance per bank statement 144 313 78 Add outstanding deposits No. 571 5 527 50 Less outstanding cheques No. 390 –3 158 58 No. 457 –6 317 16 […]
Posted: May 8, 2023
South Africa is set to emerge from the COVID-19 (coronavirus) crisis weaker than when it entered it despite its solid response to the pandemic, says a World Bank report released today. The report suggests simultaneously implementing policies that preserve macroeconomic stability, revitalize the jobs market, and improve the investment climate to build a more inclusive economy after the pandemic. The World Bank projects the gross […]
Posted: September 21, 2022
