COURT DECISION TODAY ON THE CONSTITUTIONAL MANDATE OF SA RESERVE BANK MUST BE WELCOMED' SAYS NWU SCHOOL OF BUSINESS AND GOVERNANCE ECONOMIST PROF RAYMOND PARSONS

The Court decision today affirming the constitutional mandate of the SA Reserve Bank (SARB) to ensure price stability in the interests of balanced and sustained growth in the SA economy is welcome...Read More

THE OUTCOME OF THE NO-CONFIDENCE VOTE AROUND PRESIDENT JACOB ZUMA IN PARLIAMENT YESTERDAY UNLIKELY TO CHANGE PRESENT ECONOMIC OUTLOOK', SAYS NORTH WEST UNIVERSITY SCHOOL OF BUSINESS AND GOVERNANCE ECONOMIST PROF RAYMOND PARSONS

The outcome of the no-confidence vote around President Jacob Zuma in Parliament yesterday confirms that political factionalism within the governing party will continue to generate policy and regulatory uncertainty, at least until the ANC's elective conference in December...Read More

A SURPRISE BUT WELCOME CUT IN INTEREST RATES ALSO HIGHLIGHTS A HUGE WEAKNESS IN THE GROWTH OUTLOOK', SAYS NWU SCHOOL OF BUSINESS AN GOVERNANCE ECONOMIST PROF RAYMOND PARSONS

The surprise but welcome decision by the MPC to reduce interest rates by 25 basis points, despite the fact that there remain potential risks to the inflation outlook, emphasizes the SARB's concern about SA's growth prospects...Read More

THE ACID TEST FOR FINANCE MINISTER GIGABA'S 14-POINT ACTION PLAN TODAY IS WHETHER IT WILL BOOST CONFIDENCE IN THE ECONOMY BY PRODUCING REAL OUTCOMES' SAYS NWU SCHOOL OF BUSINESS AND GOVERNANCE ECONOMIST PROF RAYMOND PARSONS

The widely-anticipated 14-point action plan for the economy released by Finance Minister Gigaba today recognizes that tough decisions are needed to address the serious economic and political headwinds facing SA, and in promising action the Minister's plan can be seen as a step in the right direction...Read More

MOODY's LATEST DECISION ON SA's INVESTMENT RATING MUST BE SEEN AS A WARNING, NOT A REPRIEVE', SAYS NWU SCHOOL OF BUSINESS AND GOVERNANCE ECONOMIST PROF RAYMOND PARSONS

'As expected Moody's have reduced SA's investment rating by one notch - keeping it at investment grade, but just above junk status and retaining a 'negative outlook'...Read More

Dar es Salaam confirmed as venue for the 11th IBC Conference

Prof Stephan van der Merwe (from the NWU School of Business & Governance) who is the chairperson of the International Business Conference (IBC), conducted a site visit to the Hotel White Sands Resort & Conference Centre. The hotel is the assigned venue for the 11th IBC and is situated 25km north of Dar es Salaam in Tanzania. According to Stephan, the venue is an amazing conference facility with 17 conference rooms to choose from. His major challenge was to choose wisely.

Stephan also mentioned that the IBC conference board conducted fruitful negotiations with the University of Dar es Salaam Business School (UDBS) to co-host the conference. That is the first step to position the IBC as an international conference with an emphasis on Africa. This is also in line with the vision of the Association of African Business Schools (AABS) to strengthen ties between business schools in Africa.

Stephan hereby encourages all the academic staff in the Faculty to submit papers to participate. Visit our website at www.ibc-conference.com

PRICE-BABSON SEE CHANGED MY EDUCATION LIFE

By Prof Stephan Van Der Merwe – NWU School of Business & Governance

Key Takeaways...Read More