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Jannie Rossouw

Jannie Rossouw

Head of School of Economic & Business Sciences, University of the Witwatersrand
Professor Jannie Rossouw was appointed as Head of the School of Economic and Business Sciences (SEBS) in February 2014 at Wits University. Previously he worked at the SA Reserve Bank and the University of South Africa.

Rossouw's research interests cover inflation perceptions and expectations and the danger of South Africa facing a fiscal cliff owing to fiscal unsustainability. He serves on the Audit and Risk Committee of the South African Academy for Arts and Culture. He chairs the Audit Committee of the Afrikaans Language Museum and Monument in Paarl.

Rossouw obtained degrees in economics and an MBA-degree from the University of Pretoria and holds a PhD-degree from the University of KwaZulu-Natal.

What's driving the surge in South Africa's fuel price

Jun 21, 2022 22:52 pm UTC| Economy

Increases in the domestic price of fuel are big news in South Africa, with the price of petrol, diesel and paraffin reaching new highs. The underlying reason for the price increases is movements in the international price...

People have skewed views on inflation. Why this matters

Jun 23, 2019 14:28 pm UTC| Insights & Views Economy

Countries that use an inflation target to anchor monetary policy pay considerable attention to expectations of future inflation. South Africa is a case in point. The country has an inflation target of 3% to 6% per...

Explainer: South Africa's central bank -- ownership, mandate and independence

Jan 27, 2019 14:45 pm UTC| Central Banks Economy

In recent months, various debates about the South African Reserve Bank have focused broadly on three aspects its shareholding, its mandate and its independence. The three debates are somewhat convoluted. They are...

Lessons from the collapse of a small South African bank

Nov 04, 2018 17:09 pm UTC| Insights & Views Economy

The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity crisis. The initial findings of the curator revealed significant financial...

What changing the ownership of South Africa's central bank will, and won't, do

Aug 27, 2018 15:32 pm UTC| Insights & Views Central Banks

South Africas second largest opposition party, the Economic Freedom Fighters (EFF), has lodged a parliamentary motion to amend laws that govern the management and ownership of the countrys central bank. Judging by the...

ANC expediency is messing up South Africa's land reform process

Aug 16, 2018 20:12 pm UTC| Insights & Views Politics

Its highly likely that an amendment will be made to South Africas constitution that will allow for land expropriation without compensation following a decision to do so by the ruling party the African National Congress...

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Economy

Enjoy Technology founded by former Apple exec Ron Johnson files for bankruptcy just months after IPO

Enjoy Technology, a retail tech firm co-founded by former Apple executives Ron Johnson and Tom Suiter in 2014, has filed for bankruptcy protection just eight months after it went public. The company offers to sell stock to...

Kraft Heinz withdraws products from Tesco stores over pricing feud

Kraft Heinz has halted its product deliveries to Tesco stores in the United Kingdom due to a conflict on pricing. The American multinational food company pulled out its goods from the shelves of the British general...

Hyundai Motor to form new American enterprise in Delaware

Hyundai Motor Group is forming a new corporate body in the United States, and it will be set up in the state of Delaware. The decision comes after the company made a $10.5 billion investment pledge that was announced when...

Shinhan Financial Group’s CEO acquitted of corruption charges, extends term as chief

Shinhan Financial Groups chairman and chief executive officer, Cho Yong Byoung, has been cleared by the Supreme Court of corruption charges. He was accused of the said crime in connection with the companys employee hiring...

LG, SM Entertainment team up to launch home fitness service with Kpop dance content

LG Electronics and SM Entertainment have joined forces to set up a home fitness service targeting the global market by adding Kpop dance content. With the announcement of their collaboration, the companies are also aiming...

Politics

US House Speaker Nancy Pelosi takes communion at papal Mass in rebuke to US bishops

US House Speaker Nancy Pelosi was under scrutiny by the church in her home city of San Francisco over her support for abortion. Despite a bar from taking communion in her local church, Pelosi was seen accepting communion...

Afghanistan: Religious, ethnic leaders address girls' education during national gathering

Religious and ethnic leaders in Afghanistan all came together this week in the national unity gathering organized by the Taliban. During the event, the issue of girls education was addressed despite having no women in...

Joe Biden voices support for overriding Senate filibuster to codify abortion rights

Following the ruling of the US Supreme Court overturning the landmark abortion rights decision, Congress is facing growing calls to codify abortion rights into law. President Joe Biden, during the NATO summit, expressed...

North Korea rejects US humanitarian assistance, says offer is 'foolish' and politically-motivated

North Korea has rejected another gesture by the United States, questioning Washingtons reasons behind offering humanitarian aid amidst a COVID-19 outbreak in the isolated nation. Pyongyang dismissed the offer, saying it...

Science

New S. Korean technology repairs car scratches through sunlight exposure

The Korea Research Institute of Chemical Technology has developed a new self-healing coating material that repairs car surface scratches through sunlight exposure. To change their chemical properties and make high...

Sea lettuce used as cow feed may lower marine ecosystem threat

A joint study conducted by a local feed manufacturer and Konkuk University showed that cows fed with a newly developed feed containing sea lettuce emitted 28 percent less methane gas than those who werent. Cows fed sea...

S. Korean scientists develop robot skin that senses tactile stimuli, self heals

A research team from the Korea Advanced Institute of Science and Technology (KAIST) has developed a robot skin that can sense external tactile stimuli and recover from injury when damaged. The newly developed robot skin...

Absolut enlists startup's help in developing fiber-based bottle cap

The Absolut Company is enlisting the help of Swedish start-up Blue Ocean Closures in developing a fiber-based closure cap for its Absolut Vodka bottle. The caps design uses a combination of sustainably sourced FSC fiber...

S. Korea to produce biodegradable plastic with seaweed

South Koreas Ministry of Oceans and Fisheries and a research team at Pohang University of Science and Technology will begin developing technology that uses marine plants to produce biodegradable plastic material. Among...

Technology

EA unveils ‘Skate 4’ ‘pre-pre-pre-alpha’ gameplay trailer

Skate 4 was announced nearly two years ago, but fans might still have to wait a long time before the game is released. EA and developer Full Circle released the latest trailer for the game, but it is not the usual teaser...

MacBook Air with M2 chip could arrive in stores in mid-July

The retail launch of the redesigned MacBook Air is reportedly close, with new information claiming that Apple fans will soon be able to pre-order the device. It appears that the tech giant is on track to release the new...

‘God of War: Ragnarok’ producer tells fans game is not delayed

Fans appear to be getting more impatient with the lack of updates and new teasers for God of War: Ragnarok. While Santa Monica Studio has yet to release new information, the game producer Cory Barlog assured fans that it...

Apple to implement legally-mandated external payment options in S. Korea

US tech giant Apple Inc. will allow alternative payment options for apps sold in South Korea in compliance with a law that bans app store operators from forcing their in-app payment systems. Developers whose apps a...

Samsung becomes first to mass-produce 3-nanometer nodes beating TSMC

South Koreas Samsung Electronics beat Taiwans TSMC in becoming the worlds first chipmaker to begin mass production of 3-nanometer process nodes. Both TSMC and Intel, which have made significant investments in the...
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