Browsing by Subject "Sustainable Development Goals"

Now showing 1 - 4 of 4
  • No Thumbnail Available
    Item
    Open Access
    A review of the National Payment Systems ecosystems in South Africa, Kenya and Nigeria
    (2025) Davids, Saarah; Alhassan, Abdul Latif
    Remittances are a critical financial connection between migrant workers and their families back home. They contribute to Sustainable Development Goals (SDGs) like reducing inequality and ending poverty, while aligning with the objectives of South Africa's National Development Plan, which seeks to foster economic growth, financial inclusion, and regional integration. This dissertation examines the cost elasticity of remittance flows between South Africa and 11 sub-Saharan African countries from 2011 to 2023, focusing on how changes in remittance costs influence the volume of remittances sent. Panel regression analysis reveals a significant negative relationship between remittance costs in South Africa and remittance outflows to 11 SSA countries, particularly for smaller transfer amounts. Specifically, a moderate statistically significant negative correlation between the remittance cost of sending USD $200 and the personal remittance received. This indicates that an increase in remittance costs results in a decrease in the remittance volumes, supporting cost elasticity and the Law of Demand. The variability of remitting $500 is less than remitting $200, indicating that it is cheaper for migrants to remit at larger amounts due to lower transaction costs. However, remittance behaviour suggests inelastic demand: while costs increases, the remittance inflows decrease however not drastically. Regression analysis results show that an increase in the transaction costs results in a steady decline in volumes, while descriptive statistics suggest variations across the different South Africa-SSA corridors. Additionally, results indicate a statistically negative relationship between remittance inflows and GDP of the home country, indicating both influence remittance behaviour. This means that with a higher income in the home country, there is less reliance on remittances. Higher GDP per Capita in both sending and receiving countries is associated with higher remittance costs, suggesting income-related pricing trends. The study highlights how lower remittance costs can contribute to financial inclusion, economic growth, and poverty reduction and empower household savings, and is consistent with National Payment System's Vision 2025 of the South African Reserve Bank and policies such as the Conduct of Financial Institutions (COFI) Act. The findings underscore the need for targeted policy interventions aimed at fostering competition, innovation and cost effectiveness to reduce remittance costs and improve financial access, to promote equitable economic participation and supporting broader development objectives in the region.
  • Thumbnail Image
    Item
    Open Access
    Accelerating Sustainable Development Goals for South African adolescents from high HIV prevalence areas: a longitudinal path analysis
    (2021-11-11) Meinck, Franziska; Orkin, Mark; Cluver, Lucie
    Background Adolescents experience a multitude of vulnerabilities which need to be addressed in order to achieve the Sustainable Development Goals (SDGs). In sub-Saharan Africa, adolescents experience high burden of HIV, violence exposure, poverty, and poor mental and physical health. This study aimed to identify interventions and circumstances associated with three or more targets (“accelerators”) within multiple SDGs relating to HIV-affected adolescents and examine cumulative effects on outcomes. Methods Prospective longitudinal data from 3401 adolescents from randomly selected census enumeration areas in two provinces with > 30% HIV prevalence carried out in 2010/11 and 2011/12 were used to examine six hypothesized accelerators (positive parenting, parental monitoring, free schooling, teacher support, food sufficiency and HIV-negative/asymptomatic caregiver) targeting twelve outcomes across four SDGs, using a multivariate (multiple outcome) path model with correlated outcomes controlling for outcome at baseline and socio-demographics. The study corrected for multiple-hypothesis testing and tested measurement invariance across sex. Percentage predicted probabilities of occurrence of the outcome in the presence of the significant accelerators were also calculated. Results Sample mean age was 13.7 years at baseline, 56.6% were female. Positive parenting, parental monitoring, food sufficiency and AIDS-free caregiver were variously associated with reductions on ten outcomes. The model was gender invariant. AIDS-free caregiver was associated with the largest reductions. Combinations of accelerators resulted in a percentage reduction of risk of up to 40%. Conclusion Positive parenting, parental monitoring, food sufficiency and AIDS-free caregivers by themselves and in combination improve adolescent outcomes across ten SDG targets. These could translate to the corresponding real-world interventions parenting programmes, cash transfers and universal access to antiretroviral treatment, which when provided together, may help governments in sub-Saharan Africa more economically to reach their SDG targets.
  • Thumbnail Image
    Item
    Open Access
    Examining the effect of school development loans on education capacity and quality: evidence from Ghana and Uganda
    (2020) Sheridan, Scott; Dhlamini, Xolisa
    Increased investment in education to build capacity and quality is essential if the world is to meet its ambitious targets on Sustainable Development Goal (SDG) 4: Quality Education. There are 258 million school aged children out of school, of which 98 million are in Sub-Saharan Africa (SSA). Low-income countries are experiencing dramatic growth in their populations and have severe limitations on their ability to fund the required infrastructure development. The financing gap is estimated to be US$ 1.8 trillion to achieve SDG goals (Education Commission, 2016). Low-Cost Private Schools (LCPS), accessible to children from poor families, are growing rapidly in SSA to fill this gap. This study is focused on the potential to increase the use of innovative financing to improve capacity and quality for LCPSs. Most innovative finance schemes utilise some form of a School Development Loan to achieve greater investment in capacity and quality of education. The study evaluates the effect of School Development Loans on several indicators which have been directly associated with capacity and quality, using data from Ghana and Uganda, countries estimated to need a combined 5 million new seats for children by 2023 (7% of their combined population) to account for population growth. Capacity indicators include the Number of Students enrolled in the school and the Number of Classrooms available for use. The indicators of school quality were Pupil Teacher Ratios (Lower), the Number of Washrooms, the Number of Washrooms Dedicated to Girls and the Number of Extracurricular Programmes Offered by the school. The study leveraged pairwise correlation and regression analysis to identify the most directly linked indicators, followed by a mean difference analysis. The study finds that schools taking out School Development Loans have more classrooms, higher enrolment, greater amounts of washrooms and extracurricular activities on offer, indicating that School Development Loans increase both capacity and quality at LCPSs. Despite the encouraging findings, it is early to assess whether the significance of the increase over time. The study recommends a fully coordinated Randomised Control Trial (RCT) for further research, where data is collected prior to the school receiving its first loan and again at the conclusion of the loan.
  • Thumbnail Image
    Item
    Open Access
    The Role of Development Finance Institutions and Aid Agencies in Zimbabwe’s achievement of Sustainable Development Goals
    (2018) Murambadoro, Betty; Rogers, Steven Nabieu
    This research looked at external funding and its role in determining the success rate of the developmental agenda at country specific level. To undertake this investigation, the role of external funding was assessed alongside other factors largely viewed to be also relevant in discussing the success of the development agenda. The research relied on primary data collected from various participants deemed to be relevant stakeholders in development studies and its success drivers. The sample comprised bilaterals, multilaterals, aid agencies, private commercial sector, policy makers, regulators and the UN agencies. Extensive research was conducted using semi-structured questionnaires and also supported by interviews to probe further on the key sub-topics. The other factors explored alongside external funding in terms of their significance in influencing outcome of the development agenda are strong financial institutions, strong legal institutions, economic reform, competent human capital and international trade. While the factors linked to governance were ranked highly in terms of significance in driving Zimbabwe’ s achievement of sustainable development goals, the numeric difference on points scored were not materially significant. The research outcome highlighted the interconnectedness of the factors assessed in augmenting the impact of capital inflows in meeting the development agenda. In addition, it exposed the significance of broader stakeholder consultation and commitment at a national level.