Budget speech: Difficult policy choices still lie ahead for SA
“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.”
“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.
“The wide-ranging state of the nation address (SONA) delivered by president Cyril Ramaphosa to Parliament recognised the grave socio-economic challenges currently faced by South Africa, especially its low growth and high unemployment.”
In recognition of the excellent work done by Prof Wilma Viviers in the North-West University’s (NWU’s) TRADE research entity under the World Trade Organization (WTO) Chairs Programme over the past few years, the WTO has agreed that the Chair will continue to be hosted by the NWU after its initial four-year run, with Prof Viviers remaining the Chair holder.
Three students from the North-West University’s (NWU’s) campus in Mahikeng recently represented Southern Africa at the Asia Pacific Leadership Summit that took place in Brisbane, Australia from 4 to 9 February 2020.
The latest publication by Statistics SA on the electricity generated in the country was released on 6 February 2020 and indicated that electricity generation decreased by 4,0% year-on-year from December 2018 to December 2019.
At the start of 2020 the South African economic outlook seems dire. According to economist Prof Danie Meyer, director of the TRADE research focus area at the North-West University (NWU), the International Monetary Fund (IMF) estimates that economic growth will be set at below 1% for the year.
“Although the implementation of Brexit tonight, 31 January 2020 obviously marks an historic fork in the road in the economic relations between the United Kingdom (UK) and the European Union (UE), not much will change in the immediate future.”
The end of January saw the start of many aspiring MBA students’ journey to success when the North-West University’s (NWU’s) Business School once again hosted a very successful Summer Study School in Potchefstroom.