SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Analyse and evaluate the impact of macroeconomic data on the operating environment of the public sector 
SAQA US ID UNIT STANDARD TITLE
119347  Analyse and evaluate the impact of macroeconomic data on the operating environment of the public sector 
ORIGINATOR
SGB Public Administration and Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Public Administration 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  12 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
Learners working towards this standard will be working within a Public Sector environment, specialising in Public Finance Management and Administration, where the acquisition of competence against this standard will add value to one's job. This standard will also add value to public officials who are seeking to develop a career pathway towards becoming an accomplished public finance management and administration specialist.

The qualifying learner is capable of:
  • Discussing the impact of macro-economic decisions on the economy and a business environment
  • Discussing the impact of macro-economic decisions on investment strategies in a business environment
  • Using economic indicators to determine the current economic cycle and possible future directions
  • Applying trends in the economic environment to a specific financial organisation
  • Demonstrating an understanding of the financial world of public finance management and administration
  • Demonstrating an understanding of the nature and importance of debt in financing public capital projects 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this Unit Standard must be in possession of a Further Education and Training Certificate or equivalent qualification. 

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Discuss the impact of macro-economic decisions on the economy and a business environment. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The interrelationship between monetary and fiscal policy is explained with reference to the role of the Reserve Bank and Government. 

    ASSESSMENT CRITERION 2 
    Imbalances that can occur in an economy are explained and an indication is given of how fiscal and monetary policy can be applied to restore balance. 

    ASSESSMENT CRITERION 3 
    Discuss the impact of macro-economic decisions on investment strategies in a business environment. 

    SPECIFIC OUTCOME 2 
    Discuss the impact of macro-economic decisions on investment strategies in a business environment. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The impact of an increase in interest rates on client behaviour is explained and an indication is given of subsequent effects on business. 

    ASSESSMENT CRITERION 2 
    The impact of an increase in tax on client behaviour is explained and an indication is given of subsequent effects on business. 

    ASSESSMENT CRITERION 3 
    The effect of foreign exchange controls on investment decisions is explained and an indication is given of the subsequent effects on business. 

    SPECIFIC OUTCOME 3 
    Use economic indicators to determine the current economic cycle and possible future directions. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Six key indicators are analysed in terms of the current level and recent trends. 

    ASSESSMENT CRITERION 2 
    The indicators are used to determine the current economic cycle. 

    ASSESSMENT CRITERION 3 
    A personal view is expressed and substantiated on the likely future movement of the economy. 

    SPECIFIC OUTCOME 4 
    Apply trends in the economic environment to a specific financial organisation. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Areas of a business that are affected by changes in the macro environment are identified and an indication is given of why and how the changes impact on that area. 

    ASSESSMENT CRITERION 2 
    The impact of changes in the macro environment on the business client relationship is analysed and an indication is given of how this change could be managed in a selected business. 

    ASSESSMENT CRITERION 3 
    The impact of changes in the macro-environment on business risk is analysed with reference to pricing, guarantees and the general financial state of the business. 

    SPECIFIC OUTCOME 5 
    Demonstrate an understanding of the financial world of public finance management and administration. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Alternative views on the purpose of municipalities and the importance of municipal entities are described. 

    ASSESSMENT CRITERION 2 
    The role of the financial manager is explained. 

    ASSESSMENT CRITERION 3 
    The value of financial intermediaries are discussed. 

    ASSESSMENT CRITERION 4 
    Appreciation of the function on the major financial institutions and markets is demonstrated. 

    SPECIFIC OUTCOME 6 
    Demonstrate an understanding of the nature and importance of debt in financing public capital projects. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The nature and main types of bonds, their valuation and pricing is explained. 

    ASSESSMENT CRITERION 2 
    Main considerations for a municipality when borrowing from banks are described. 

    ASSESSMENT CRITERION 3 
    The term structure of interest rates and reasons for their existence are explained. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Any individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA, or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The learner must demonstrate an understanding of:
  • Sources of economic data, including hard copy, news media, electronic, public databases
  • Report writing
  • Presentation skills
  • Economic indicators
  • Basic principles of micro-economics and macro-economics
  • Public Finance Management Act
  • Municipal Finance Management Act 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems using critical and creative thinking processes to interpret economic principles, theories and indicators. 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization or community to gain feedback on economic trends and developments relating to micro and macro-economics. 

    UNIT STANDARD CCFO ORGANISING 
    Organise and manage oneself and one's activities responsibly and effectively in order to gather information relating to economics for integration into one's specific job context. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organize and crtically evaluate information in order to distinguish between micro-economic and macro-economic trends as they apply to the public sector. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and/or language in the modes of oral and/or written persuasion to present economic theories as they relate to the public sector. 

    UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically, showing responsibility to the environment and health of others in obtaining economic information. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of interrelated systems by recognising that problem-solving contexts relating to economics do not exist in isolation and that there are interdependencies among different sectors of the economy, markets and economic flows. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Participating as responsible citizens in the life of local, national and global communities by analyzing economics and integrating the principles into all spheres of life. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  49554   National Diploma: Public Finance Management and Administration  Level 5  NQF Level 05  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  LG SETA 
    Elective  64670   National Certificate: Public Financial Oversight and Accountability  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  PSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. A4 Consultancy CC 
    2. Abacwaningi Business Solutions 
    3. Africa Institute For Public Administration 
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    5. African Resources and Financial Training 
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    7. Akili Training 
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    9. Amabamba Recruitment 
    10. Amangile Academy (Pty) Ltd 
    11. Ashley Maloka Consulting 
    12. AVAX SA 481 CC. T/A Mandisa Development Services 
    13. AVC Corporate Advisory Services (PTY) LTD. 
    14. Balcare Advisory 
    15. Bantubanye Skills 
    16. Bavuse Trading Enterprises cc 
    17. Be for sunset trading and projects 266 
    18. Belgravia Institute of Mangement (PTY) LTD 
    19. BESO Business Empowerment Solutions CC 
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    24. BO Support Services CC 
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    43. Dijama Training Academy 
    44. E-Login Business Institute (Pty) Ltd 
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    47. Elective Training Institute Enterprise CC 
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    52. Execuprime Business College (Pty) Ltd 
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    55. GALKINA INVESTMENTS (PTY) LTD t/a BELGRAVIA INSTITUTE 
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    61. Global Care Trading 100 CC 
    62. Gomolemo's Consultant (Pty) Ltd 
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    68. HEARTBEATS CONSULTING SERVICES 
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    70. HS GLOBAL SKILLS BUSINESS SOLUTIONS 
    71. HYM Consulting 
    72. Ikhaya Training and Consulting 
    73. Ilinge Labantu Debt Solution 
    74. Iliso Investment holdings (Pty) Ltd 
    75. Indigo Institute 
    76. Inkcubeko YakwaNtu Trading 
    77. Institute of Public Affairs and Governance PTY (LTD) 
    78. Institute of Sector Education and Training 
    79. IQ Skills Academy (PTY) LTD. 
    80. Isipho Equiping (Pty) Ltd 
    81. ITIRELENG BOKAMOSO TRADING ENTERPRISE 
    82. Itumeleng Wellness Solutions 
    83. Iyana Property management 
    84. JBM CONSULTING PTY LTD 
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    86. Jobafrik Consulting 
    87. Johsie Enertprise 
    88. Jojo Training Institute 
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    96. Khabolwazi Pty LTD 
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    101. KOKANO PROJECTS PTY LTD 
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    106. KYM MANAGEMENT CONSULTING 
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    108. Lavinda Trade and Invest 
    109. Legalnalulwazi 
    110. Lemao Enterprise 
    111. Less Aid More Trade Pty Ltd 
    112. Letlotlo La Gae (Pty) Ltd 
    113. Lewerb Holdings (PTY) Ltd 
    114. Lorpen Investments 
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    116. MAC NDLOVU INCORPORATED 
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    118. Makgoka Development Facilitation (PTY) Ltd. 
    119. Makoti Skills Development Solutions 
    120. Makuka Investment Group 
    121. Malivha Holdings 
    122. Mancosa (PTY) LTD T/A Management College of Southern Africa 
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    129. MATEPE INVESTMENTS (PTY) LTD 
    130. Matibidi Raphela Investments (Pty) LTD 
    131. Mgwezane Training and Events Management CC. 
    132. Miczo's Enterprise 
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    134. Mimoisa Business Solutions CC 
    135. MJ Mafunisa Consulting (PTY) LTD 
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    142. Motheo Skills Entity 
    143. Moving Business Altitudes Consulting 
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    145. MUHANGWENE DEVELOPMENT ENTERPRISE 
    146. Multiple Productive Management Solutions 
    147. Munsoft 
    148. Murusu Mining Resources 
    149. Nalengmokoni Investors (Pty) Ltd 
    150. Ndingo Business Enterprise 
    151. Ndwandwe Consultants 
    152. Nemalale Eagles Consultancy CC 
    153. Nettcon SA 
    154. Ngwadhla General Trading (PTY) LTD 
    155. Nhlahle Development Agency 
    156. Nonunu Projects 
    157. Ntsu Trading 559 CC. 
    158. Nungu Trading 468 
    159. Nvsion Consulting 
    160. Nyankwavi Investment CC. 
    161. Okhulumini Financial Solutions 
    162. Omithombo Management Academy 
    163. Onyx Training Support 
    164. OR Project Management 
    165. Outeniqua Leadership Institute 
    166. Pachedu Skills Solutions 
    167. PanAfrican Supply Chain Academy 
    168. Pandelani Investment Holdings (PTY) LTD. 
    169. Pebetse Training and Consulting 
    170. Peo-Seed Training Specialist 
    171. PFIM Trading (Pty) Ltd 
    172. Phexo Trading Enterprise 
    173. Phoenix Training Institute 
    174. Pioneer Business Consulting 
    175. PMA Holdings (PTY ) LTD. 
    176. Power Rush Trading 170 CC. 
    177. Powernexus 
    178. Princetop Corporative Training (Pty) Ltd 
    179. Progressive School of Business and Engineering (Pty) 
    180. Proverb Financial Services 
    181. PTDEV (Pty) Ltd 
    182. Qabuka-Vuka Development Trading 
    183. Qeto Business Consulting 
    184. RCG Markets 
    185. Reflections Development Institute 
    186. Regen Institute of Leadership and Management Education 
    187. Regent Business School (Pty) Ltd t/a Regent Business School 
    188. RHINO CASHLOAN AND SERVICES 
    189. Running Business Today 
    190. Saint Colonel Graduate Institute 
    191. Sasalethu Consulting and Associates 
    192. Sekakopamo Holdings 
    193. SEKAMENG TRAINING AND DEVELOPMENT SOLUTIONS (PTY) LTD 
    194. Sifuna Consulting CC 
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    196. Siletha Consultant 
    197. SIYA-MLANDELA TRADING ENTERPRISE 
    198. Siyakhula Trust ETD Institute Pty Ltd 
    199. Siza Nesu Training and Consultants 
    200. Smat Engineering 
    201. Sobethu Properties Pty Ltd 
    202. Southern African Institute of Learning 
    203. SPECTRA SKILLS DEVELOPMENT 
    204. SSS Consulting Services 
    205. St Kings Institute of Technology and Business Studies 
    206. SWARANANG MANAGEMENT CONSULTING CC 
    207. Tachfin Holdings 
    208. Talent Centre Training 
    209. Tasc Business Consulting and Training 
    210. TCNS Resources (PTY) Ltd 
    211. The Crimson CO CC. 
    212. The Viol Trading Enterprise 
    213. Thinking Mind Trading 
    214. Three Steps Trading 
    215. Thubelihle Graduate Institute 
    216. Timnet Management Consulting 
    217. Tlaletso Consultants 
    218. Tlhalefang Holdings 
    219. Tloumogale Business Development & Consulting 
    220. Training at Work (Pty) Ltd 
    221. Transafric Consulting Pty Ltd 
    222. Triads Management Services 
    223. Tsebong Training Centre 
    224. Tshepang Consulting & Project 
    225. TSHIF Trading 
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    227. Tuns Trading and Projects (Pty) Ltd 
    228. Ubuholi Bendabuko Capacity Building (PTY) Ltd 
    229. Ubuqhawe Consulting (Pty) Ltd 
    230. Ukhamba Quality Skills 
    231. Umnotho Wamazwe Trading 
    232. Umqondo Consultancy 
    233. Unakho Business Solutions 
    234. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    235. University of Pretoria 
    236. University of Venda 
    237. Ursivox Interactive Systems 
    238. Valinsight (PTY) LTD 
    239. Venus Maintenance and Supply Services 
    240. Vibra Skills CC. 
    241. Victorious Training Institute 
    242. Vuca Institute of Leadership Development 
    243. Vumilia Africa Group 
    244. Wasteng (PTY) Ltd 
    245. World Pace Development and Training Institute 
    246. Ya Hina Management Consulting and projects 
    247. Yamangcuse Consulting 
    248. ZIKHALI TRADING (PTY) LTD 
    249. ZMG CONSULTING 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.