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: 

Review and analyse South African economic structures 
SAQA US ID UNIT STANDARD TITLE
114699  Review and analyse South African economic structures 
ORIGINATOR
SGB Diplomacy, Protocol and Foreign Affairs Assist 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 08 - Law, Military Science and Security Sovereignty of the State 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 7  Level TBA: Pre-2009 was L7  15 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2007-06-26  2010-06-26  SAQA 0160/05 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2011-06-26   2014-06-26  

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 is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
260001  Analyse and interpret international markets and domestic policies of host countries in order to promote the economic, commercial and financial benefits for South Africa's development  Level 7  Level TBA: Pre-2009 was L7  20   

PURPOSE OF THE UNIT STANDARD 
This unit standard has as its core purpose, qualifying learners who will demonstrate an understanding of the economy of South Africa and be prepared for future involvement in trade relations. They will gain background knowledge in the tax structure and fiscal policy of South Africa and have an overview of the economic policy. They will be able to identify growth and investment opportunities for SA.

The qualifying learner will be able to:
  • Demonstrate skills in financial and economic diplomacy.
  • Demonstrate understanding of financial and economic diplomacy in South Africa
  • Explain South Africa's tax structure.
  • Evaluate the role of imaging and branding in the economy.
  • Analyse the trade and investment scene in South Africa. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification are assumed to have completed a Level 6 qualification or RPL equivalent. 

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate understanding of financial and economic diplomacy. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Economic concepts are defined. 

    ASSESSMENT CRITERION 2 
    Broad principles of International Economics are discussed. 

    ASSESSMENT CRITERION 3 
    A distinction between micro and macro- economics is made. 

    ASSESSMENT CRITERION 4 
    Current economic predictions are analysed. 

    ASSESSMENT CRITERION 5 
    Models of economic policy are analysed. 

    ASSESSMENT CRITERION 6 
    Skills to evaluate the performance of economic systems are developed. 

    ASSESSMENT CRITERION 7 
    Criteria for evaluating economic performance are developed and applied. 

    SPECIFIC OUTCOME 2 
    Demonstrate understanding of financial and economic diplomacy in South Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Features of the South African economy are identified and discussed. 

    ASSESSMENT CRITERION 2 
    The nature of SA household and business enterprises are reviewed. 

    ASSESSMENT CRITERION 3 
    The role of the Government in the SA economy is analysed. 

    ASSESSMENT CRITERION 4 
    The concepts: inflation rate, interest rates, balance of payment and foreign change markets are clearly described. 

    ASSESSMENT CRITERION 5 
    The role of the workers' unions in the South African economy is outlined. 

    ASSESSMENT CRITERION 6 
    The role of the private business sector is explained. 

    ASSESSMENT CRITERION 7 
    Conflict situations between business and unions are discussed. 

    SPECIFIC OUTCOME 3 
    Explain South Africa's tax structure. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Knowledge of the tax structure of SA is demonstrated. 

    ASSESSMENT CRITERION 2 
    The Skills Development Act and levies are explained. 

    ASSESSMENT CRITERION 3 
    Knowledge of regional service taxes, UIF and Workman's compensation is demonstrated. 

    ASSESSMENT CRITERION 4 
    Tax incentives to investors are explained. 

    SPECIFIC OUTCOME 4 
    Evaluate the role of imaging and branding in the economy in South Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The concepts of imaging and branding are described. 

    ASSESSMENT CRITERION 2 
    Famous brands and imaging of SA are acknowledged and profiled. 

    ASSESSMENT CRITERION 3 
    SA tourism as a sector for investment is analysed and promoted. 

    SPECIFIC OUTCOME 5 
    Analyse the trade and investment scene in South Africa. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The SA government's economic policies are reviewed. 

    ASSESSMENT CRITERION 2 
    Current trade links with the rest of the world are identified and opportunities for growth investigated. 

    ASSESSMENT CRITERION 3 
    Exporting and Importing options in the SA economy are evaluated. 

    ASSESSMENT CRITERION 4 
    Factors influencing trade and investment in SA are analysed. 

    ASSESSMENT CRITERION 5 
    Poverty in developing countries is discussed within the politics of the international economic relations. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An 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.
  • Anyone assessing a learner against this unit standard must be registered as an assessor 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 ETQA's discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • The South African Economy: Flow of goods and services; household and business enterprises, macro-economic performance of SA; unemployment, inflation rate fluctuations, balance of payment, foreign exchange markets, Role of Reserve Bank.
  • Fiscal policies, taxes on investments opportunities;
  • Trade and investment in SA: Trade map of SA, information on export and imports, trade opportunities, spatial development scheme, investment promotion strategy.
  • SA Tax Structure: SA Income Tax; SARS, VAT, PAYE, Skills development levies, regional services tax; UIF, Workman's Compensation, etc.
  • Role of imaging and branding including Intellectual property
  • Africa: debt and ODA
  • Exporting and Importing policies
  • Exchange Rates
  • Links with rest of the world: Export Councils, organized business, target countries for investment recruitment
  • African Growth and Opportunity Act 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    Work effectively with others in promoting trade and investment for South Africa. 

    UNIT STANDARD CCFO COLLECTING 
    Collect, evaluate, organise and critically evaluate information pertaining to trade and investment. 

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively in trade and investment negotiations. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Demonstrate an understanding of the world as a set of related systems to secure meaningful trade and investment opportunities. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    UNIT STANDARD NOTES 
    This unit standard will be replaced by unit standard 260001, which is "Analyse and interpret international markets and domestic policies of host countries in order to promote the economic, commercial and financial benefits for South Africa's development", Level 7, 20 credits, as soon as 260001 is registered.

    Asessment methods and integrated assessment

    Ensure that assessment covers the specific outcomes, the critical cross-field outcomes and the essential embedded knowledge. Assessment activities should be appropriate to the context and tools may include self-assessment, peer assessment, formative and summative assessment.

    A range of assessment methods should be used, including direct observation, product sample, simulation, questioning (verbal or written) and testimony (portfolio collection of evidence).

    Integrated assessment: It may be more effective and efficient to assess a number of unit standards together thus reducing the number of assessment "events". Ensure that the commonalities that exist between a number of unit standards are captured in a way that makes sense for assessment.

    Supplementary information
    Activity No. Hours Comments
    Lectures 70
    Experiential Learning 20
    Self-directed learning 50
    Skills coaching 10
    Other
    Total 150 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48726   Advanced Diploma: Diplomacy  Level 7  NQF Level 07  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  PSETA until Last Date for Achievement 


    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.
     
    NONE 


    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.