Feature Article (Main Article on NWU News Page)

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.

Submitted on Thu, 01/14/2021 - 10:24

South Africa post-2020: Covid-19 and the economy (part 1)

The year 2020 will be remembered as one of unprecedented uncertainty, and 2021 looks set to not buck its predecessor’s trend. Prof Raymond Parsons from the Business School at the North-West University (NWU) looks ahead at what the new year will hold for the South African economy and consumers alike. This is the first part of a series of articles.

As the world and South Africa continue to struggle with the seismic impact of the Covid-19 pandemic and with renewed surges in Covid-19 cases, social tensions are surging and severe socioeconomic consequences abound.

Submitted on Tue, 01/12/2021 - 16:23

Passing away of the Queen Mother of the Royal Bafokeng nation

The North-West University (NWU) community is deeply saddened by the news of the passing away of the Queen Mother of the Royal Bafokeng nation, Semane Bonolo Molotlegi. Since the King of the Royal Bafokeng, Kgosi Leruo Tsekedi Molotlegi became the second chancellor of the NWU in 2009 (and served for two terms until 2019), a very strong working relationship developed between the university, in particular the Faculty of Education, and the Bafokeng nation.

Submitted on Tue, 12/01/2020 - 09:16

NWU researcher helps uncover new data about Earth and the Milky Way

A new study has lifted the veil on some of the mysteries of the Milky Way. It has found that the Earth is moving faster than it used to and is nearly 2 000 light-years closer to the black hole in the centre of the Milky Way Galaxy.

This is according to new data, documented over a period of 15 years, by the Japanese radio astronomy project, VLBI (very long baseline interferometry) Exploration of Radio Astrometry (VERA.)

Submitted on Fri, 11/27/2020 - 12:22

Ratings downgrades highlight need to change economic narrative

The latest decisions by both Fitch and Moody’s to cut South Africa’s investment grade rating further into junk status are not good news for the South Africa economy.

Prof Raymond Parsons, economist at the North-West University (NWU) Business School, says it again highlights the urgent need for South Africa to change its economic narrative.

Submitted on Mon, 11/23/2020 - 10:53