Is Global Basic Income Possible?
Is Global Basic Income Possible? There's been a theory flying around the financial and economic world that may affect all of our futures and careers if practiced. It is called the Helicopter Money Theory, and it goes something like this; there's a little town with a steadily growing population, and while the local money press keeps printing money, there are not enough notes to finance the town's population's demands. As the growing population requires more consumer goods (that manufacturers continue producing) the population is eventually starved of financing their habits. Rising inflation due to continued demand eventually prevents the people from spending money. This ultimately results in manufacturers losing profit and raising prices to cover costs. The town is incapable of growing financially, and [...]
What’s Stopping International Students From Studying In SA?
What's Stopping International Students From Studying In SA? Any international student studying in South Africa will know just how difficult the journey was to actually be able to sit in a South African lecture room. As the most academically advanced country in the Sub-Saharan region, it comes as no surprise that our country attracts such a large gathering of youths desperate to attain a recognised degree from an internationally esteemed university. There are actually a number of benefits associated with hosting international students, as an increase of students from across the globe helps stretch an academic institution's influence. But why is South Africa such an incredibly difficult country to study in if you are, indeed, from elsewhere in the world? 1. The Problem Of [...]
VUT/Sasol Programme a Huge Success
VUT/Sasol Programme a Huge Success Robed in academic regalia, it was an exciting day for prospective millionaires as they gathered with their family in preparation of receiving certificates of recognition after completion of their six months course in Entrepreneurship on 14 July 2016. The 5th certificate ceremony of the VUT/Sasol Entrepreneur Programme took place at the VUT Southern Gauteng Science and Technology Park. The 31 graduates and their parents/guardians eagerly awaited the awarding of the certificates. The VUT Sasol Entrepreneurship Programme initiative started by Sasol and VUT three years ago with the aim of helping youth from the disadvantaged backgrounds equipping them with practical skills and knowledge on entrepreneurship. In order for learners to be part of the programme, they had to first [...]
Researchers Urgently Needed to Drive Innovation
Researchers Urgently Needed to Drive Innovation The Faculty of Applied and Computer Science hosted its very first public lecture: “Growing the next generation of researchers: The National Research Foundation (NRF) perspective” on 21 June at the VUT auditorium 100. The guest speaker of the day was Dr Makobetsa Khati: Executive Director of the Research Chairs and Centres of Excellence (RCCE) directorate at NRF. The topic was said to be articulated from the NRF’s vision for 2020 which encourages the renewal of the academic research enterprise and the absorptive capacity of Universities through critical engagements. The aim is to build a critical mass of skilled and capable researchers and create a more nuanced and focused funding instrument for bursaries and scholarships for the next [...]
Next Intake Set for Even Greater Success
Next Intake Set for Even Greater Success Thanks to the VUT/Sasol Entrepreneur Programme, the second cohort of enthusiastic entrepreneurs are ready and geared to begin. They are extremely excited about their excellent ideas that they hope will become the breathing ground to fertile business that they can implement. This became apparent during the stringent interviews that gave them entry into the programme. The organising committee and lecturers resolved at a recent meeting that the programme will be restructured to enrich the curriculum, including the opportunity for the students to gain experimental training at the various industry and business sites. This will enhance their experience and award them a practical and deeper understanding of how business operates. Practical, hands-on training, coupled with theory, is [...]
Creating An Outstanding Research Team
Creating An Outstanding Research Team Plenty of postgraduate research requires teams of researchers. Often the case study is too large, or there is too much quantitative research to carry out, preventing the individual from doing the work on her/his own. However, there are often difficulties that arise as a result of working in research teams. Miscommunication, overlapping research, and disassociation between studies are some of the problems that occur when a research team works together. Creating a strong research team requires hard work and discipline among team members, but there are other ways of ensuring that the research team functions well. Emotional Drive Studies by a number of professors have revealed that an emotional element is required within a research team to ensure [...]
Become Part of the Vaal University of Technology Research to Further Your Career