INTEGRATED
ANNUAL REPORT
2023
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INTEGRATED ANNUAL REPORT | 2023
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NWU Business Model

In this section, you can read how we use and transform our capitals to create value for ourselves and our stakeholders through the input, activities, outputs and outcomes in our value chain – all regulated by the NWU Senate.

The functions of the NWU Senate are related to our core academic business, which in turn comprises important aspects of our value chain. That is why we present the Senate report in the format of our business model diagram, followed by a discussion of our value chain.

(Click here to learn more about the composition of Senate.)

  • Input
  • Output
  • Activities
  • Outcome
834
Schools reached by our student recruiters through direct marketing campaigns and activities (social and relationship capital)
13 138
First-time entering undergraduate students (human capital)

Total number of enrolments per qualification type (human capital)

Total: 55 096

Budget (financial capital)

INCOME (R'000)

EXPENSES (R'000)

R392
million

Spent on capital works, macro maintenance and minor works across the university (manufactured capital)

23%

Increase in total assets

476 599

square metres

The total usable floor area of the NWU (manufactured capital)

57%

Expertise: permanent academic staff members with PhDs (intellectual capital)

1 110

hectares

The total area occupied by the university's campuses (natural capital)

Academic and support staff (human capital)

Personnel category Permanent Temporary 2022 2023
Crafts/trades permanent   25 23
  temporary 124 117
Executive/administration/management professional permanent   91 91
  temporary 3 6
Instructional/research professional permanent   1 678 1 692
  temporary 783 1 815
Non-professional administration permanent   1 358 1 352
  temporary 5 208 4 890
Service permanent   297 295
  temporary 12 8
Specialised/support professional permanent   525 532
  temporary 291 334
Technical permanent   254 251
  temporary 113 117
Grand total     10 762 11 523

2023 Graduates: educational subject matter distribution (human capital)

Total: 12 358,01

Total number of graduates per qualification type (human capital)

Total: 12 358

Research output 2022 (intellectual capital)

Journal articles 1 342,10
Conference proceedings 91,5
Books and chapters 272,6
Total article equivalents published 1 706,2
Master’s degrees conferred 695
Research master’s 519,076
Research master’s weighted 519,076
Doctoral degrees conferred 213
Doctoral degrees weighted 639
Total weighted research output 2 864,276
Postdoctoral fellows 205
Publication units per permanent academic staff member 1,02
* Please note that there is a two-year lag with regard to the approval of research output by the Department of Higher Education.
62,86%

Number of graduates who completed their studies in minimum time

R249 million

The university, from its own resources, contributed R249 million or 8,85% of the total funds allocated for financial aid.

R46,8 million (19%)

of the funds allocated to financial aid used to award students for academic performances

96,7%

Success rate of the NWU merit bursary holders

Collaboration

(Social and relationship capital)

We had 2 646 active agreements and memoranda of understanding

Financial sustainability

(financial capital)

R1 062,5 million

Total surplus (excluding other comprehensive income of R59,6 million) for 2023, as reflected in the consolidated statement of comprehensive income

Presenting 974 academic programmes

(intellectual capital)

Student support activities:

academic support, health care, and cultural and sport activities

(intellectual and human capital)

 

Staff development
activities

(intellectual capital)

Research and
innovation activities

(social and relationship capital)

Community
engagement activities

(social and relationship capital)

Activities generating
third-stream income

(financial capital)

 

Activities strengthening our financial capital

  (R'000)
Income from contracts 181
Sales of goods and services and other income 321
Residences and related income 492
Private gifts and grants 34
Investment income 692
Consolidated income from subsidiaries 13
Total 1 733 million

Our continued climb in global rankings has taken us to the top 4,4% of global universities. This is according to the 2023 edition of the Global 2000 list of rankings published by the Center for World University Rankings (CWUR). It is an improvement from being in the top 4,5% for 2022/2023 and in the top 4,7% in the 2021/2022 edition of the rankings.

The external environment sets the context in which we use our business model to create value.

INTEGRATED ANNUAL REPORT | 2023