NWU policy uncertainty index on cusp of positive territory

The North West University Business School Policy Uncertainty Index (PUI) for the third quarter of 2024, although still in negative territory, eased considerably to 53.5 from 68.3 in the previous quarter (baseline 50). On balance, the positive factors have substantially outweighed the negative ones over the last three months, says NWU Business School Professor Raymond Parsons, adding that after several years of an elevated trend, the PUI now approaching positive territory.