As was widely anticipated, the Monetary Policy Committee (MPC) decided by a 3:2 majority to keep interest rates on hold for now, instead of opting for a further increase of 25 basis points.

In commenting on the MPC’s decision on 20 July, Prof Raymond Parsons, economist from the Business School at the North-West University (NWU), says it was the right call by the MPC, given the latest global and domestic economic cross-currents, as well as the cumulative impact of previous rate hikes on the economy.

The School of Accounting Sciences at the North-West University (NWU) has once again distinguished itself as an indisputable leader in its field with the recent announcement by the South African Institute of Chartered Accountants (SAICA) that the school’s Bachelor of Commerce in Financial Accountancy has been accredited for the purposes of SAICA’s Associate General Accountant [AGA(SA)] designation.

Climate change, access to technology, energy and socioeconomic hurdles are just some of the critical challenges humanity is currently facing. Delegates from the BRICS* nations converged in person or virtually on the 2023 BRICS Network University seminar to build partnerships and find solutions to shared problems through collaboration and the dissemination of expertise.

The North-West University (NWU) will be hosting the 2023 BRICS Network University Seminar from 5 to 6 July on the NWU’s Potchefstroom Campus.

BRICS is an acronym denoting the various global partnerships between Brazil, Russia, India, China and South Africa.

Universities South Africa (USAf) has appointed the principal and vice-chancellor of the North-West University (NWU), Prof Bismark Tyobeka, as chairperson of its Funding Strategy Group. He will also serve as a member of USAf’s executive committee (ExCo).

The North-West University (NWU) has shown great improvement in the latest Quacquarelli Symonds (QS) World University Rankings ― moving up in ranking position locally, in Africa and globally.

The NWU’s performance in these rankings has been consistent for the past five years and the latest results affirm the university’s position among the cream of the crop of local and international universities.

In June, South Africans celebrate Youth Month, but the harsh reality is there is often very little to celebrate, especially concerning current and future employment opportunities. This is in stark contrast with the 2023 theme for Youth Month, which is ‘Accelerating youth economic emancipation for a sustainable future’.

“It is welcome but not unexpected good news that headline inflation (CPI) for May has continued to show a declining trend.”

In commenting on the CPI, Prof Raymond Parsons, economist from the North-West University (NWU) Business School, says that although food costs remain high, the overall downward trend in headline inflation is converging on earlier consensus expectations of South Africa getting closer to the goal of price stability in the months ahead.

He points out that core inflation remains stubborn for now, however.

As time passes, words are watered down and phrases lose their meaning. Wisdom passes into obscurity as repetition creates clichés. This is where we are now. Do we still listen when we hear “youth” and “future”? The North-West University (NWU) believes that these two words – together – should not only feature prominently in every vocabulary, but when spoken, they should be heard.

According to Professor Bismark Tyobeka, principal and vice-chancellor of the NWU, this is seldom as important as when Youth Day is celebrated.

On Tuesday 13 June, representative Oliver Liao from the Taipei Liaison Office in the Republic of South Africa visited the North-West University’s (NWU’s) Potchefstroom Campus for a tour of the DST HySA Infrastructure Centre of Competence. This centre is co-hosted by the NWU and the Council for Scientific and Instustrial Research (CSIR).