Cutting repo rate will help mitigate risks of Covid-19
“The decision by the Monetary Policy Committee (MPC) to cut the repo rate by 100 basis points is the right one, and will help mitigate the risks of Covid-19 to the South African economy.”
“The decision by the Monetary Policy Committee (MPC) to cut the repo rate by 100 basis points is the right one, and will help mitigate the risks of Covid-19 to the South African economy.”
Two economists of the North-West University (NWU) say that inflation is expected to continue on an upward trend this month, while the cost of production is also expected to continue to rise as a result of the global uncertainty and supply chain problems.
“Market trends and other economic data confirm that the coronavirus pandemic (Covid-19) now poses a clear and present danger to the South African economy. The ripple effects from the economic dislocation elsewhere and the immense volatility in financial markets have already reached South Africa.”
North-West University (NWU) honours student in business statistics Ketsane Benson Nkuna has been announced as one of the winners of the South African Statistical Association (SASA) Bursary and Scholarship competition for 2019.
North-West University (NWU) alumnus and BCom graduate Osman "Hypnosis" Mkhondo’s new single Slay Queen - featuring Decency and the legendary Thebe - is causing a stir on MTV Base and across the South African airwaves.
South Africa is in a technical recession – what now? Two economists from the North-West University (NWU) discuss the implications of this for the economy.
“The worse than expected GDP data for the fourth quarter of 2019 confirms that not only did the South African economy experience a ‘technical recession’ in the second half of 2019, but that growth in 2019 as a whole was also only 0,2%.”
“The budget confirms the extent to which the South African economy still finds itself in a bad space, requiring a strong emphasis on measures to boost job-rich growth.”
Prof Danie Meyer, director of the TRADE research focus area at the North-West University (NWU), and Roan Neethling, a doctoral student, discuss the main themes from president Cyril Ramaphosa’s fourth state of the nation address (SONA) that was delivered on 13 February 2020.