Yes, we are in another recession: NWU economists say the red lights are on
South Africa is in a technical recession – what now? Two economists from the North-West University (NWU) discuss the implications of this for the economy.
South Africa is in a technical recession – what now? Two economists from the North-West University (NWU) discuss the implications of this for the economy.
“The worse than expected GDP data for the fourth quarter of 2019 confirms that not only did the South African economy experience a ‘technical recession’ in the second half of 2019, but that growth in 2019 as a whole was also only 0,2%.”
It was no babbling confusion but a multilingual celebration of the North-West University’s (NWU’s) rich linguistic diversity as the School of Languages celebrated the crucial role of mother languages in the lives of students and staff on 21 February.
“The budget confirms the extent to which the South African economy still finds itself in a bad space, requiring a strong emphasis on measures to boost job-rich growth.”
It is no secret that language development is a critical part of a child’s overall development. Sadly, the lack of this development and the terrible effects this may have on one’s life are often overlooked.
The North-West University’s (NWU’s) continued good performance in rankings has been further cemented with a top 5 spot among local universities ranked in the latest Emerging Economies University Ranking of Times Higher Education (THE).
The old foe has fallen. On Monday 17 February the North-West University (NWU) claimed its first scalp in the 2020 Varsity Cup season when the boys in purple beat Shimlas 27-19 in Potchefstroom.
Prof Danie Meyer, director of the TRADE research focus area at the North-West University (NWU), and Roan Neethling, a doctoral student, discuss the main themes from president Cyril Ramaphosa’s fourth state of the nation address (SONA) that was delivered on 13 February 2020.