ETD Collection

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    An evaluation of the efficacy and safety of meprobamate in combination analgesics and the likely economic impact of its withdrawal
    (2002) Peter, Amanda, Clare
    South Africa has the highest number of registered medicine containing meprobamate in combination analgesics and is the only country that markets a combination that includes paracetamol, caffeine and codeine. In November 1998 the \medicine Control Council issued a circular (11/98) to the pharmaceutical industry requesting evidence that meprobamate contributes meaningfully to the therapeutic effect in combination analgesics and asked for comment on the risk-benefit ratio
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    Cost and profit efficiency of South African banks
    (2008-05-23T09:06:02Z) Siyaka, Nokuthula
    ABSTRACT The purpose of this study is to analyse the cost and profit efficiency of banks in South Africa. The cost-to-income ratio has always been used in the South African banking sector in measuring efficiency. However this approach is very simplistic and does not provide enough insight on real profit efficiency. This research uses a stochastic frontier model to determine both cost and profit efficiency of four large and four small, South African-based banks. The results of the study show that South African banks have significantly improved their cost efficiencies between 2000 and 2005. However efficiency gains on profitability, over the same time period, have not been significant. No bank was found to be superior to another in terms of achieving efficiency gains in cost reduction and profitability. A weak positive correlation was found to exist between the cost and profit efficiencies, with the most cost efficient banks also being most profit efficient. With regard to bank size, cost efficiency declined with increasing bank size.