Institutional News

Electricity tariff increase will inevitably cause the cost of doing business to rise

Although it is still painful for business and consumers, the decision by the National Energy Regulator of South Africa (Nersa) to allow a much lower increase of 12,7% in Eskom tariffs, instead of the 36% previously sought by Eskom, is a significant outcome.

Prof Raymond Parsons, economist from the North-West University (NWU) Business School, says Nersa has acknowledged the critical inputs it received last year from extensive public hearings on Eskom’s original massive application and its potential socio-economic impact.

Submitted on Fri, 01/31/2025 - 12:19

Accounting matters: NWU's Management Accountancy students shine again

When people hear the word “accounting”, they often think of numbers, spreadsheets and meticulous financial records. But in a country like South Africa, accounting is far more than just balancing the books – it is a cornerstone of economic growth and stability. At the North-West University (NWU) we are committed to developing well-rounded, skilled professionals who prioritise accountability. And the results speak for themselves.

Submitted on Fri, 01/31/2025 - 11:01

Better inflation figures gradually translate into lower interest rates

The better news on the inflation front is gradually being translated into lower interest rates, thus modestly easing borrowing costs for businesses and consumers. At its latest meeting, the Monetary Policy Committee (MPC) again – by a four to two vote – cut interest rates by another 25 basis points (bps).

In commenting on the latest decision by the MPC to once more reduce the repo rate by 25 bps, Prof Raymond Parsons, economist from the NWU Business School, says it was widely expected.

Submitted on Fri, 01/31/2025 - 09:12

Study explores LEGO® Six Bricks® in teacher training

By: Gofaone Motsamai

The North-West University (NWU) has integrated LEGO® Six Bricks® into its Bachelor of Education programme to enhance teacher training. Research conducted by Tarien Breytenbach, Prof Elma Marais, Prof Carolina Botha and Florence Coertzen demonstrates how this tool bridges the gap between theory and practice in teacher education.

Submitted on Fri, 01/31/2025 - 08:44

NWU oversight visit: campus tour and discussion of strategic topics

Monday, 27 January 2025 was not all business as usual at the North-West University (NWU) Potchefstroom Campus. Dignitaries from the Parliamentary Portfolio Committee on Higher Education, the Department of Higher Education and Training (DHET) and the National Student Financial Aid Scheme (NSFAS) were hosted for a day-long oversight visit to the notable locations on the campus.

Submitted on Wed, 01/29/2025 - 09:34

Prof Waldo Krugell: Consequences of Expropriation Bill being exaggerated

On 23 January, President Cyril Ramaphosa signed into law the Expropriation Bill. Simply put, the bill allows the state to expropriate land in the public interest, including without compensation.

The signing of the Bill elicited no little backlash from the public, as well as from certain political parties, while others praised it.

But was all the fanfare warranted? According to Prof Waldo Krugell, the answer is an unequivocal “no”.

Submitted on Wed, 01/29/2025 - 09:24

Dr Anna Mokgokong opens MBA Summer Study School

Success awaits those who are bold enough to seek challenges and embrace opportunities. There was no shortage of such people when the North-West University (NWU) launched its 2024 MBA Summer Study School at the Khaya Ibhubesi conference centre in Parys on 27 January.

The Summer Study School will conclude on Friday, 31 January and brings together MBA students for a week filled with information sessions, guest speakers, networking sessions and so much more.

Submitted on Tue, 01/28/2025 - 10:23

NWU hosts 33rd SAARMSTE International Conference

The North-West University (NWU) hosted the 33rd annual conference of the Southern African Association for Research in Mathematics, Science, and Technology Education (SAARMSTE) on the Potchefstroom Campus from 13 to 16 January 2025.

This international conference, hosted in collaboration with the North West SAARMSTE chapter, was aimed at promoting research to improve and develop Mathematics, Science, and Technology Education (MSTE) programmes in response to current and future needs.

Submitted on Fri, 01/24/2025 - 14:35

Donald Trump to thrash South Africa’s economy?

He is back and South Africa’s economic welfare – like that of most other global economies – is not on his list of priorities. On Monday, 20 January, Donald Trump was inaugurated as the 47th president of the United States of America (USA) and wasted no time in making the same waves that were hallmarks of his first presidency.

He signed orders to remove the USA from the World Health Organization (WHO) and the Paris climate agreement. Trump has never shied away from his rhetoric of America first, second and third.

Submitted on Wed, 01/22/2025 - 14:23