“Given the overall balance of economic risks currently facing South Africa, the judgement of the Monetary Policy Committee (MPC) that a 25 basis-point rise should suffice for now is right, although the tone and language of the MPC statement was distinctly hawkish.”
South Africa’s economic growth of 1,2% in the fourth quarter of 2021 has yielded an overall positive gross domestic product (GDP) growth of 4,9% in 2021, which is a welcome rebound in the economy after the devastating -6,4% growth in 2020.
According to Prof Raymond Parsons, economist from the Business School of the North-West University (NWU), half the sectors in the economy, especially mining and agriculture, made positive contributions to the economic recovery in the final quarter of the year.
The North-West University Business School held their first face-to-face Think Tank in front of a live audience in Somerset West where the Minister of Finance’s national budget speech was analysed and unpacked by a panel of experts.
This initiative forms part of a series of roadshows that the school has in the pipeline for 2022. More 150 people attended the event in person, and 160 people also attended online.
The panel of experts included the likes of:
Academics in the subject group Business Statistics and Operations Research of the North-West University (NWU) recently donated school shoes to less privileged learners at PHERA Primary School in Tsetse, a village on the outskirts of Mahikeng.
“In challenging economic circumstances Finance Minister Enoch Godongwana displayed a safe pair of hands in navigating South Africa’s public finances towards debt stability and fiscal sustainability in the immediate future.”
On 10 February 2022 President Cyril Ramaphosa delivered his sixth State of the Nation Address (SONA) since he took office in 2018. This was a highly anticipated address, and it is aimed at informing the general public and all relevant stakeholders on the government’s progress in the year that has passed, while detailing the plans and directives for the year ahead.
The World Trade Organization (WTO) Chairs Programme in the TRADE research entity (Faculty of Economic and Management Sciences) at the North-West University (NWU) has published a new book on Africa’s digital future.
The book, titled Africa’s digital future: From theory to action, makes an important and timely contribution to the literature on Africa, exploring the many opportunities and challenges that the continent faces in a world characterised by accelerating technological change.
Have you ever imagined a society that is free of road accidents? A road environment where cars can connect and communicate to aid in your decision-making abilities on the road? Well, this is, among other things, what Dr Thulani Phakathi, a recent PhD graduate at the North-West University (NWU), is envisaging through his doctoral research.
His PhD study focused on using cybersecurity technology to improve telecommunications network performance and the design of efficient routing protocols.
“The State of the Nation Address (SONA) delivered by President Cyril Ramaphosa to Parliament on 10 February was a candid and realistic assessment of
A North-West University (NWU) professor believes that – should power cuts continue as they have – more people will lose jobs, threatening the livelihoods of many in the country. This is especially true of small, medium and micro enterprises that are currently not coping.