Every year the University of Cape Town (UCT) recognises permanent academic staff members for original and distinguished academic work that is deserving of special acknowledgement.
This year, the UCT GSB's Professor Nicholas Biekpe is one of four academics to be inducted into the prestigious UCT College of Fellows.
Professor Biekpe established the Development Finance Centre (DEFIC) at UCT. DEFIC is well regarded throughout Africa and beyond. He also launched the Master of Commerce in Development Finance and the Postgraduate Diploma in Development Finance. He has published extensively in the area of development finance, and his most notable contribution was the development of the highly used and cited Bilinear Generalised Autoregressive Conditional Heteroskedasticity (BGARCH) model. This model has been extensively used globally to measure financial and other risks.
The other three recognised fellows are Professor Anthony Figaji (Neurosurgery, Faculty of Health Sciences), Professor Ernesta Meintjies (Human Biology, Faculty of Health Sciences), and Professor Sharon Prince (Human Biology, Faculty of Health Sciences).
Further details can be found in the original UCT News article.