An introductory text which should serve as a useful reference and
guide for commerce students, public servants and members of the
business fraternity alike. It gives the reader an overview of how
the various institutions in the South African financial system
operate as well as of the different financial markets in the South
African economy and the instruments traded in those markets. This
publication is aimed particularly at South African students. Each
chapter starts with study objectives relevant to the material
covered. Jargon that may be unfamiliar is explained in lay terms.
It refers throughout to both international and local market
practices and norms where relevant. Students in financial
management and monetary economics will find this a helpful aid to
understanding the financial markets in South Africa.
General
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