“In line with market expectations, the Monetary Policy Committee (MPC) in a majority vote of three to two raised the repo rate by another 75 basis points, with a minority view favouring a 50 basis-point increase.”

Prof Raymond Parsons, economist from the Business School of the North-West University (NWU), says the statement and decision by the MPC on 24 November conveyed a further strong message about how the South African Reserve Bank (SARB) intends dealing with inflation in South Africa.

The North-West University (NWU) attended the recent launch of a new initiative to promote digital health innovation in Africa. This initiative aligns with the strategies of the WHO and national governments across the world in promoting universal access to quality, affordable healthcare to all people.

Workers in the public sector are furious with government, accusing it of negotiating “in bad faith” after wage negotiations collapsed following the employer’s 3% wage offer.

Only one of the unions represented, the South African Democratic Teachers Union, has accepted the offer.

Thousands of workers were expected to picket countrywide to demonstrate their unhappiness with the offer on Monday, 31 October. Read more here.

The dream of the North-West University (NWU) to be an internationally recognised university was recently given a boost by the appointment of its principal and vice-chancellor as adjunct professor at one of the top universities in the United States of America.

“Against the background of difficult global and domestic economic circumstances Finance Minister Enoch Godongwana generally delivered a realistic and credible fiscal message in the Medium-Term Budget Policy Statement (MTBPS) today.”

In commenting on the MTBPS, Prof Raymond Parsons, economist from the Business School of the North-West University (NWU), says South Africa’s public finances have now been put on a much more sustainable basis.

He points out that both expenditure and revenue are good-news stories that help to build economic resilience.

Prof Hanlie Moss, research director of PhASRec (Physical Activity, Sport and Recreation) at the North-West University (NWU), completed her master’s degree in Biochemistry, although she has always had a profound interest in the way the human body moves.

She coached gymnastics while completing a BSc in Physiology and Biochemistry and decided to study human movement science to become a better coach.

The North-West University Business School's Prof Raymond Parsons interviews Minister Naledi Pandor and unpacks the Department of International Relations and Cooperation’s (DIRCO’s) vision and mission in Africa and to examine whether the relationship between DIRCO and business can be strengthened for this purpose.

To this end the role of diplomatic missions on the continent and their interaction with South African business has been interrogated in this video to see in what ways South Africa’s economic interests in Africa can be further promoted and expanded.

“The slightly better news on the unemployment front is a welcome trend, as it comes after a prolonged period of persistent deterioration in South African employment levels in recent times.”

In commenting on the latest unemployment figures for the first quarter of 2022, Prof Raymond Parsons, economist from the Business School of the North-West University (NWU), says to a large extent this development follows South Africa’s strong economic recovery in 2021 from the pandemic lockdowns, and should be viewed in the light of the inevitable time lags.

Prof Christa Rautenbach’s hard work on legal pluralism and cultural diversity finally paid off when she received a B-rating in the highly competitive rating process of the National Research Foundation (NRF).

One of her reviewers remarked that her “research is significant for legal pluralism and development in postcolonial developmental settings, where law reforms must be mindful of the continued relevance of indigenous laws”.

Mafumane Thlapi

High prevalence rates of alcohol use among students in higher education are a public health concern. This is according to a study conducted by Prof Miriam Moagi from the School of Nursing at the North-West University (NWU).

Prof Moagi reviewed existing evidence to address alcohol abuse among students from a demand-reduction approach. The article is from her PhD study, which was guided by the National Drug Master Plan (NDMP) pillars 2013–2017. The three pillars are demand reduction, harm reduction and supply reduction.