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SA’s banking sector to utilise NWU’s operational risk model

A new methodology for determining economic capital for operational risk was recently proposed by the North-West University’s (NWU’S) Centre for Business Mathematics and Informatics (BMI). This model was subsequently successfully introduced to the South African financial services sector and is now being implemented by Absa as part of their operational risk processes.

Submitted on Thu, 06/14/2018 - 14:35

NWU home to largest Zebra fish bioassay facility in Africa

The Water research group in the Unit for Environmental Sciences and Management (UESM) at the North-West University (NWU) installed the National Aquatic Bioassay Facility (NABF) in September 2017. Not only is the 515m2   facility the largest Zebra fish bioassay facility in Africa, but it is also the second largest in the southern hemisphere.
Submitted on Wed, 06/13/2018 - 10:09

Good Capitalism, Bad Capitalism: The Role of Business in South Africa

With South Africa having turned the corner politically and President Ramaphosa promising a ‘new dawn’, many people are cautiously optimistic about the prospects of an economic turnaround in the country. However, in looking forward to a better future, it is important to remember – and extract relevant lessons from – the past, to which most of South Africa’s most pressing challenges these days can be traced.

Submitted on Wed, 06/06/2018 - 11:11