Feature Article (Main Article on Potchefstroom Campus News Page)

Unchanged interest rates are in line with expectations

“The decision by the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) to again leave interest rates unchanged was widely anticipated and in line with market expectations.”

Prof Raymond Parsons from the North-West University (NWU) Business School says that whereas, in the past few months, the MPC voted 3 to 2 in favour of “no change” ― as opposed to another 25 basis points cut ― the outcome of the MPC’s latest meeting was a unanimous decision.

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NWU – the home of tennis

The North-West University (NWU) will be home to a number of national and international tennis players during February.

Last year the university was announced as the official venue for the week one and week two tennis tournaments of the Ilana Kloss international events.

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South Africa post-2020: Covid-19 and the economy (part 2)

It was not the aftermath of the storm. Indeed, the rain was still pelting down, but South Africa’s economic ship needed to be steered towards lost prosperity. In this, the second part of a series of articles, Professor Raymond Parsons from the Business School at the North-West University (NWU), looks at how the easing of the lockdown restrictions affected the economy.

As a sense of “normality” – and the word is used in its most diluted sense here – returned as restrictions were eased from Level 5 of the lockdown, a gradual recovery of the economy ensued.

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