The goal of investment management is to achieve the investor's required rate of return by putting assets to their most productive use. The return should compensate the investor for the time during which the funds are committed, the expected rate of inflation and the uncertainty of the future financial benefits expected from the investment. Investment management is a concise, yet comprehensive introduction to investment analysis and portfolio management, specifically in South Africa. Investment management focuses on investment in financial assets such as shares and bonds, and explains fundamental and technical analysis. It investigates portfolio management and how derivative instruments such as futures, options and swaps may be used for this purpose. In addition, a chapter is devoted to the foreign exchange market and its management. The book provides a comprehensive framework and a thorough network of guidelines, with self-assessment questions at the end of each chapter. It is written with the Chartered Financial Analyst (CFA(R)) Level I learning outcomes for investment analysis and portfolio management in mind. Investment management aims to prepare undergraduate investment management students for postgraduate study.

Introduction to financial derivatives is a concise introduction to the fundamentals and applications of financial derivatives. Introduction to financial derivatives provides a framework and reference guide that lays the foundation for more advanced studies and titles. The basics of the derivatives market and its four main classes - forwards, futures, options and swaps - are discussed, with the generic principles and applications of each being covered in relative detail but in a simplified format (omitting all derivation of formulae and underlying assumptions). Related concepts and terminology, often confusing to first-time users, are explained. Introduction to financial derivatives is primarily aimed at second-year students and short-course providers, but undergraduate and graduate students that specialise in related disciplines (e.g. accounting or MBA) should also find it useful.

This book does not give a prediction of what the efficiency will be of the energy use of industrial processes in the future. However, it does give an exploration of limits to the efficiency of current processes and an indication of what might be achieved if new technologies can be developed. At the Department of Science, Technology and Society of Utrecht University research had been done to the opportunities for improvement of the energy efficiency in the short term since the 1980's. This had resulted in a comprehensive database on energy efficient measures. This database and a possible application are described in Chapter 3 of this book. The use of the database induced new research themes around efficiency improvement, e.g. concerning barriers for implementation of measures. It was around 1993 that I did a preliminary study to the potential for efficiency improvement in the long term. Historical analysis had shown us that the short term potential stayed constant over the years. It seemed to be replenished by the introduction of new technologies. This lead to the question whether there are limits to the efficiency, taking into account both thermodynamic considerations and ideas on the development and dissemination of new technologies.

Spesifiek geskryf om aan al die vereistes van die nasionale Kurrikulum- en Assessering beleidsverklaring (KABV) te voldoen. Sleutelterme word in rooi gedruk as dit vir die eerste keer verskyn. ’n Lys van hierdie terme word ook in rooi aan die begin van elke eenheid of hoofstuk gelys. Nuwe woorde is in blou en word in die kantlyn verduidelik. Aktiwiteite help leerders om te verstaan wat hulle geleer het. 'n Opsomming aan die einde van elke onderwerp help leerders studeer. Die Formele Assesserings taak (FAT) blokkie bevat take wat leerders voorberei vir die wat in die klas voltooi moet word. Vrae aan die einde van elke onderwerp help leerders met hersiening. ‘n Voorbeeld van ‘n eksamenvraestel aan die einde van die boek sal leerders ook help oefen en leer oor alles wat hulle nodig het om te weet.

Die reeks is volgens die Nasionale Kurrikulum- en Assesserings beleidsverklaring (“CAPS”) geskryf. ’n Moontlike werkskedule is ingesluit. Elke hoofstuk begin met ’n oorsig van wat onderrig word en die hulpbronne wat jy benodig. Daar is advies oor die voorgestelde pas wat jou sal help om die hele jaar se werk betyds af te handel. Ons gee by elke onderwerp raad oor hoe om konsepte bekend te stel en hoe om leerders met steierwerk voor te berei en te ondersteun. Al die antwoorde word gegee; jy bespaar dus tyd omdat jy nie die oefeninge self hoef uit te werk nie. ’n Volkleurplakkaat en ’n CD propvol hulpbronne is ook ingesluit om jou met onderrig en assessering te help. Addisionele voorbeeldvrae, toetse of assesserings take, wat jy kan kopieer, sal jou help om jou leerders effektief te assesseer.

In the global knowledge economy, intellectual property rights - and the innovations they are meant to spur - are important determinants of progress. But what does this mean for the nations of Africa? One view is that strong IP protection can facilitate innovation in African settings. Others say that existing IP systems are simply not suited to the realities of Africa. This book, based on case studies and evidence collected across nine countries in Africa sheds new light on the complex relationships between innovation and intellectual property. It covers findings across many sites of innovation and creativity, including music, leather goods, textiles, cocoal, coffee, auto parts, traditional medicine, book publishing, biofuels and university research, and presents a picture in which innovators share a common appreciation for collaboration and openness.

This book does not give a prediction of what the efficiency will be of the energy use of industrial processes in the future. However, it does give an exploration of limits to the efficiency of current processes and an indication of what might be achieved if new technologies can be developed. At the Department of Science, Technology and Society of Utrecht University research had been done to the opportunities for improvement of the energy efficiency in the short term since the 1980's. This had resulted in a comprehensive database on energy efficient measures. This database and a possible application are described in Chapter 3 of this book. The use of the database induced new research themes around efficiency improvement, e.g. concerning barriers for implementation of measures. It was around 1993 that I did a preliminary study to the potential for efficiency improvement in the long term. Historical analysis had shown us that the short term potential stayed constant over the years. It seemed to be replenished by the introduction of new technologies. This lead to the question whether there are limits to the efficiency, taking into account both thermodynamic considerations and ideas on the development and dissemination of new technologies.