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New research on graduate unemployment in South Africa

Research on graduate unemployment of Hendrik van Broekhuizen, a doctoral student in Economics within ReSEP, the programme of Research on Socio-economic Policy, has received much publicity in the past few months. His research with his supervisor, Professor Servaas van der Berg, for the Centre for Development and Enterprise (CDE), involves a new analysis of graduate unemployment from dozens of labour market datasets and shows that the South African graduate unemployment rate is lower than in Europe, if only university graduates with degrees are counted. Even amongst black graduates, who experience more unemployment, the unemployment rate is lower than amongst graduates in the United Kingdom, despite a dramatic rise in the number of black graduates since 1995. The Working Paper that contains the full report is available as a Stellenbosch Working Paper: Graduate unemployment in South Africa: A much exaggerated problem,
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Prof Sampie Terreblanche vier 80ste verjaarsdag

Talle ekonome wat op Stellenbosch studeer het, sal altyd een ding beklemtoon: dis aan Professor Sampie Terreblanche te danke dat hulle besluit het om nagraads in  ekonomie  te studeer. In ’n ononderbroke dienstyd van 54 jaar het sy entoesiasme as dosent in prikkelende lesings, en sy uitdaging aan studente om krities te dink, nuwe denkwêrelde vir hulle oopgemaak, selfs vir diegene wat nie met hom saamgestem het nie.

Sampie Terreblanche het op 17 April sy tagtigste verjaarsdag gevier. Hy het egter nog nie sy werkywer verloor nie. Hy skryf steeds en sal vanjaar sy elfde boek die lig laat sien. Hy het bekendheid verwerf vir sy oorspronklike bydraes tot die ekonomiese en politieke debat in ’n kritieke tyd van Suid-Afrika se geskiedenis.

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Prof Rachel Jafta appointed as chair of Media24 board of directors

Professor Rachel Jafta, professor of Economics at Stellenbosch University, was appointed chair of Media24s board of directors. Prof Jafta's commitment to academic development and social change extends well beyond the university walls. She serves as a trustee for a number of the country's most renowned developmental initiatives, among them the Helen Suzman Foundation, the South African Institute of Race Relations and the Cape Town Carnival Trust, which she co-founded.

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Honorary professor: Rudolf Gouws

The department of Economics at Stellenbosch University has a long standing tradition of practical application and policy involvement. Rudolf Gouws, an alumnus of this department and currently an honorary professor, has lived these traditions during a distinguished career. He held the position as Nedbank’s Chief Economist at an early age and assumed the same position at Rand Merchant Bank from 1986 onwards, a position he held until retirement in 2009. These were turbulent years in South Africa and Prof. Gouws played an important role in the critical early discussions with the ANC on matters of economic policy. That government embraced responsible macroeconomic policies was in no small part due to the efforts of economists like Rudolf Gouws who articulated the importance of sound policy in direct talks, at NEDLAC, and in various public fora.

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