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12 February 2018 Photo Supplied
Get your blend of rock and legal with the Kovsie FM Breakfast Show
Richard and Fifi from the Kovsie FM Breakfast Show

Richard Chemaly completed a BCom degree at the University of the Free State (UFS) in 2010 before he enrolled for an LLB, and is currently doing an LLM in legal philosophy. He was also a familiar face on campus as SRC President. After jetting around the world, Richard is back in Bloemfontein. Since becoming a DJ for the Breakfast Show at Kovsie FM, he is now responsible for starting the day for listeners on a good note.

Blending law and entertainment fell into my lap. After locking up my Hillbrow apartment, I travelled for a year, accidentally fell in love and moved back to Bloemfontein. Nobody wanted to hire me. Could have been my unconventional Facebook presence, or appearing on ANN7… I don’t know. I was already in the entertainment field because one of my business partners and I started a beer distribution company, which got us a lot of free beer. We then realised that if we started an entertainment blog, which we did, we’d get free access to cool parties, which we did. It just made sense to venture into entertainment law, which suited my personality.

Radio was never my thing, and I have always regretted that. Music was always my thing, though, so the transition was easy. My co-host, Fifi, is my polar opposite. As a young black female who likes old R&B, trap and alternative pop, she brings everything I can’t as an old, hairy Lebanese punk-rocking dude. The dynamic is incredible.

I’m a big lover of mornings and I try to get in an early morning jog and hunting for geocaches before I aim to make even the grumpiest morning listener smile. With an exceptional knowledge of current affairs, it is easy to get across to our diverse listenership. Quick wit and my co-presenter also help! The Breakfast Show sets the tone for the day, and we get good feedback.

I would still like to take over the Musicon and become a pilot. 

News Archive

Deputy Governor of SA Reserve Bank inspires students
2016-08-19

Description: Deputy Governor of SA Reserve Bank  Tags: Deputy Governor of SA Reserve Bank

Dr Lyndon du Plessis, Head of Department of Public
Administration and Management, Francois Groepe,
Deputy Governor of the South African Reserve Bank,
Prof Philippe Burger, Head of the
Department of Economics and B.Com Hons student,
Mosoeu Mabote.

Photo: Siobhan Canavan

Students from the Faculty of Economic and Management Sciences had the opportunity to learn from the best in the field when the Deputy Governor of the South African Reserve Bank, Francois Groepe, presented a seminar on the changing roles of central banks.

According to Groepe, we are currently living in challenging times as central banks are called on to do more.

“Central banks have limits, and these limits are not always understood,” he said on 11 August 2016 in the Equitas Auditorium on the Bloemfontein Campus.

How central banks contribute to inflation

There are two main generally-expected roles from central banks: the obvious one of providing bank notes and coins, and the other, maintaining price stability.

According to Groepe, the aim of keeping prices stable is to ensure easier planning for the future, and to assist the poor.

“The poor are the ones more vulnerable to higher inflation because they hardly have enough to get by,” he said.

A negative impact on monetary policies could affect the economy negatively. This is as a result of higher inflation caused by the increase in food prices.

Furthermore, the 12% government debt renders a negative yield in the economy.

The stability of finances in South Africa


Financial stability is not an end in itself, but, like price stability, is generally regarded as an important precondition for sustainable economic growth, development, and employment creation.

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