Economic and Management Sciences News

Worse growth figures confirm damage to economy

“The worse-than-expected gross domestic product (GDP) growth figures for the third quarter of 2021, if taken together with the recent record unemployment numbers, confirm in particular the serious damage that the civil unrest earlier this year and the persistent load shedding have done to the South African economy.”

African Continental Free Trade Agreement - Minister Ebrahim Patel talks to the NWU Business School

The African Continental Free Trade Agreement (ACFTA) is a project of the African Union (AU). Founded in 2018, it ambitiously aims ‘to create a single continental market for goods and services, with free movement of business persons and investments’. Virtually all of the 55 AU member states have signed the agreement.   While some negotiations…

NWU rewards its exceptional achievers

During a virtual ceremony on 25 November the North-West University (NWU) acknowledged staff for their exceptional contributions to teaching and learning, research and community engagement.

These torchbearers were honoured during the first ever NWU Excellence Awards ceremony. The…

NWU appoints new deputy vice-chancellor for campus in Mahikeng

The North-West University (NWU) Council appointed Prof Sonia Swanepoel as the new deputy vice-chancellor for Community Engagement and Mahikeng Campus Operations during its meeting on 18 November. She will serve a three-year term.

As an industrial psychologist, Prof Swanepoel has extensive knowledge and experience in various areas of…

Arguments for raising repo rate are not persuasive

The arguments offered by the majority of the members of the Monetary Policy Committee (MPC) for raising the repo rate by 25 basis points at this stage are not persuasive.

This is the view of Prof Raymond Parsons, economist from the Business School of the North-West University (NWU…

NWU Business School and the North West House of Traditional Leaders conclude important Memorandum of Understanding

On Tuesday, 16 November 2021, delegates from the NWU Business School and the North West House of Traditional Leaders concluded an important Memorandum of Understanding during a function held in Potchefstroom. This is intended to pave the way for co-operation that will enable the University to provide support to the House of Traditional…

South Africa’s public finances remain in safe hands

“In a measured policy assessment by the Minister of Finance, Enoch Godongwana, in his first Medium-Term Budget Policy Statement (MTBPS) he confirms that South Africa’s public finances remain in safe hands and that there will be broad continuity in fiscal policy.”

Prof Raymond…

NWU’s TRADE publishes book on Africa’s digital future

The World Trade Organization (WTO) Chairs Programme in the TRADE research entity (Faculty of Economic and Management Sciences) at the North-West University (NWU) has published a new book on Africa’s digital future.

The book, titled Africa’s digital future: From theory to action, makes an important and timely contribution to the…

Strategic intent regarding the merits of a proposed export tax on chrome ore in SA

The Business School of the North-West University (NWUBS) completed a research project to determine the merits of a proposed export tax on chrome ore in South Africa as one of the interventions to regain the global competitive advantage of the domestic ferrochrome industry, as well as the influence thereof on the chrome–ferrochrome value chain (…

Researcher investigates private label brands in South Africa

Private label brands have gained momentum in the grocery retail sector over the past few years. They are no longer just alternatives to the big-name brands, but are fast becoming brands of choice – provided attention is paid to perceptions about quality.

This is according to Gift Ndlovu, a researcher from the Faculty of Economic and…