Reserve Bank remains highly cautious amid uncertainties

“While most analysts believe that, barring shocks, rates have now peaked in South Africa, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) for understandable reasons still sees inflation risks as being on the upside.”

In commenting on the decision by the MPC on 27 March to again leave interest rates unchanged, Prof Raymond Parsons, economist at the North-West University (NWU) Business School, says it was widely expected that interest rates would be left unchanged.

Submitted on Thu, 03/28/2024 - 10:45

Decoding inflation: Could artificial intelligence be the deciding factor that helps curb stubborn price pressure?

According to Dr Jacques de Jongh, Inflation has been a significant talking point ever since the onset of the COVID-19 pandemic. For the last three years, countries have experienced significant increases in general price levels, arguably contributing to one of the most concerning cost-of-living crises since the Great Depression.

Submitted on Mon, 03/11/2024 - 15:33

Research gives insight into Generation Y’s finance and banking behaviour

When it comes to money, Millennials – also known as Generation Ys* – have mixed feelings. On the one hand, they have a positive attitude to personal financial planning. On the other, they may be more inclined to indulge in discretionary spending, leading to overspending and difficulties in budgeting effectively.

Adding to this dilemma is that Millennials prioritise immediate gratification over long-term financial goals, such as saving for retirement or building an emergency fund, and may be less inclined to seek advice or guidance from financial professionals.

Submitted on Tue, 02/27/2024 - 15:32

Student shines as finalist in prestigious budget speech competition

North-West University (NWU) student Keakantse Setsibe has recently made headlines by securing a spot as a finalist in the2023 Nedbank and Old Mutual Budget Speech Competition.

This competition aims to grow economic excellence in South Africa by promoting the principles of sustainable economic development. They want to make young South Africans excited about economics as subject and career path and develop future economic leaders – with a focus on young black university students.

Submitted on Thu, 02/22/2024 - 14:43

Lecturer to present at Curriculum Development and Planning Summit 2024

North-West University (NWU) senior lecturer and chartered accountant Kurt Naicker will be part of a panel of experts that will present at the Curriculum Development and Planning Summit, which is set to take place on 18 and 19 April 2024.

The summit aims to bring together academic leaders and researchers to exchange and share their experiences and research results on all aspects of curriculum development and planning.

Submitted on Thu, 02/22/2024 - 09:21

Upcoming international Kahoot! webinar to showcase the power of dynamic polling tools

North-West University (NWU) senior lecturer and charted accountant Kurt Naicker will be presenting at the international Kahoot! webinar for higher education on 21 February 2024 at 09:00 AM CST / 04:00 PM CET.

The webinar is titled "Elevate student engagement: Kahoot!'s dynamic polling tools" and will be hosted by Kahoot!.

Kurt says the webinar will showcase the power of dynamic polling tools designed to give every university community member a voice.

Submitted on Thu, 02/15/2024 - 08:38

R15,456 billion: Private wildlife hunting means big bucks

The South African private wildlife hunting industry is one that should be treasured. This was again made evident by the research conducted by the research unit for Tourism Research in Economics, Environs and Society (TREES) at the North-West University (NWU), which was steered by Prof Peet van der Merwe, Andrea Saayman and Elmarie Slabbert. The research showed that the industry ploughs billions of rands back into South Africa’s economy.

Submitted on Tue, 02/13/2024 - 11:57

South Africa is squandering its export opportunities

  • It is peak export season for the fruit industry and there is still a backlog of exports.
  • The impact of the logistics crises caused by Transnet and the ports are having far-reaching negative consequences.
  • Export industries are pleading for a chance to help, but government is unwilling to get out of the way.

Administrative chaos and shipping queues that last for days.

Submitted on Tue, 02/06/2024 - 10:27