Cutting repo rate will help mitigate risks of Covid-19
“The decision by the Monetary Policy Committee (MPC) to cut the repo rate by 100 basis points is the right one, and will help mitigate the risks of Covid-19 to the South African economy.”
“The decision by the Monetary Policy Committee (MPC) to cut the repo rate by 100 basis points is the right one, and will help mitigate the risks of Covid-19 to the South African economy.”
Two economists of the North-West University (NWU) say that inflation is expected to continue on an upward trend this month, while the cost of production is also expected to continue to rise as a result of the global uncertainty and supply chain problems.
With the current coronavirus pandemic creating hysteria as far as it spreads, scientists have recently established that this virus has not yet been found to be transferred in breast milk. This mainly because breast milk has protective agents against infections.
“Market trends and other economic data confirm that the coronavirus pandemic (Covid-19) now poses a clear and present danger to the South African economy. The ripple effects from the economic dislocation elsewhere and the immense volatility in financial markets have already reached South Africa.”
The North-West University (NWU) celebrated its best-of-the-best lecturers during its Teaching Excellence Awards ceremony (TEA). This annual event took place on 12 March at the Snowflake venue in Potchefstroom.
Although the North-West University (NWU) is dedicated to academic excellence and superior research, it is also committed to bettering people’s lives in the communities it serves.
On Thursday, 5 March 2020, the Sasol Foundation donated a mobile science laboratory to the North-West University (NWU) that will deliver practical science education to thousands of learners around the North West Province.
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.