Browsing by Author "Yokwana, Azania"

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    The effects of politics and economic performance on stock markets in South Africa
    (University of Fort Hare, 2023-11) Yokwana, Azania; Makhetha-Kosi, P; Ndlovu, Nomusa
    The aim of the study was to investigate the effects of politics and economic performance on the stock market performance in South Africa for the period 2000 to 2022. Using the Autoregressive Distributed Lag model, the results found that economic performance as indicated by GDP per capita and political stability have significant effects on the South African stock market. The results showed that remittances, inflation, and political stability have a negative impact on stock market performance. On the other hand, control of corruption, GDP, and the combined effect of GDP and political stability have a favorable impact on stock market performance. The findings indicate that the economic performance has a substantial and lasting influence on the stock market capitalization, which serves as an indicator of the stock market performance in South Africa.