The political economy of South Africa’s budget impacts you
By Michelle Meixieira Groenewald
By Michelle Meixieira Groenewald
The North-West University (NWU) emphasised its dedication to supporting the North West Dragons as the franchise’s title sponsor for the 2025 domestic games.
The partnership was officially unveiled during a special launch event held on 12 February at the NWU Potchefstroom Campus. North West Cricket (NWC) proudly revealed the team’s newly branded NWU kit, symbolising a strengthened relationship between the institution and the franchise.
The unprecedented decision by the Government of National Unity (GNU) Cabinet to postpone the Budget until 12 March because of disagreement over tax increases will inevitably have unintended consequences for South Africa’s political economy.
Prof Raymond Parsons, economist from the NWU Business School, says if the eventual Budget in March turns out to be truly committed to growth and job creation (as was outlined in the recent GNU Medium Term Development Plan) the delay would have been worthwhile if the GNU gets agreed trade-offs and better outcomes for the economy as a whole.
He is as beloved at the North-West University (NWU) as he is across South Africa, and now the Springboks’ inspirational captain, Siya Kolisi, will forever have his name associated with the third biggest university in the country.
On Monday 24 February, the Dennedorp residence at the NWU’s Potchefstroom Campus, which provides housing predominantly for the university’s large contingent of rugby players affiliated with the NWU Rugby Institute, will be renamed the Siya Kolisi Residence.
“We should not underestimate what may ultimately be at stake for the South African economy and business in the face of the current sharp breach in bilateral political and diplomatic relationships between the United States (US) and South Africa.”
President Cyril Ramaphosa’s wide-ranging State of the Nation Address (SONA) agenda that confirms the tangible commitment of the Government of National Unity (GNU) to faster and higher job-rich growth is positive.
In commenting on the SONA, which was delivered on 7 February, Prof Raymond Parsons, economist of the NWU Business School, says the South African economy is indeed eventually capable of even much higher economic growth than 3% if the right choices are made.
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.
Three North-West University (NWU) academics from the Faculty of Natural and Agricultural Sciences will highlight the value of indigenous knowledge systems to the cannabis and hemp industries at the Canada-Botswana City Partnerships Conference.
The North-West University (NWU) is pleased with progress regarding the registration of first-year students for the 2025 academic year.
We received more than 390 000 applications to enrol at the NWU for this academic year. We are encouraged and grateful that we remain a university of choice for many prospective students, and that we continue to be recognised for academic excellence, a vibrant student life, and a sound co-curricular environment.
By Tiyiselani Precious Miyambu
Hard work and commitment paid off for the North-West University (NWU) Mahikeng Campus aerobics team who achieved their third consecutive victory at the 2024 University Sports South Africa (USSA) Aerobics Championships.
Held from 2 to 4 December 2024 at Walter Sisulu University, teams from universities across the country competed in various aerobics disciplines during the event.