The Faculty of Economics & Finance at Tshwane University of Technology (TUT) hosted a symposium and book launch at the Prestige Auditorium on Monday, November 11. The event brought together renowned economists and scholars to discuss key economic challenges, the growing threat of cyber fraud, and strategies for fostering growth in South Africa.
The symposium began with a welcome address by Dr. Papu-Zamxaka, who emphasized the importance of rigorous academic research in addressing pressing issues such as cyber fraud. Her remarks set the tone for a day of thought-provoking discussions on the intersection of economic and digital security challenges.
A major highlight of the event was the launch of the book Understanding and Mitigating Cyber Fraud in Africa, co-authored by Dr. Oluwatoyin Esther Akinbowale, Prof. Mariann Polly Mashigo, and Prof. Mulatu Fekadu Zerihun. The book explores the growing risk of cyber fraud across Africa and offers solutions to strengthen cybersecurity. It is designed as a resource for policymakers, industry leaders, and academics to help develop more robust defenses against this escalating threat.
Prof. Heinrich Bohlmann, the keynote speaker, provided an overview of South Africa’s economic challenges. He stressed the need for greater cooperation between the government and the private sector to break the cycle of economic stagnation and enhance resilience in the financial sector.
Other distinguished speakers included Prof. Mario Scerri, who proposed a heterodox approach to economic theory for South Africa, and Prof. Carolyn Chisadza, who advocated for a “big push” in policy to spur sustainable economic development. She emphasized that sustainable development is vital for meeting the needs of both present and future generations, stating, “Sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
The symposium concluded with closing remarks from Prof. Georgina Phillipina Coetzee, who summarized the discussions and underscored the importance of ongoing collaboration between academia and industry. She highlighted the potential for partnerships to drive economic growth and ensure financial security in South Africa.
The event demonstrated TUT’s commitment to addressing Africa’s economic and digital security challenges. It reaffirmed the university’s position as a leader in research and in providing innovative solutions to the continent’s most pressing issues.
