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22 February 2018 Photo Johan Roux
KovsieACT music festival lives up to the hype
Prof Francis Petersen, Rector and Vice-Chancellor of the UFS.

Description: Kovsie Act concert Tags: Kovsie Act concert

Shekhinah embraces students at the festival.
Photo: Monk Manyeloyi

A weekend that promised great excitement kicked off on Friday 16 February 2018 with the Kovsie ACT Eco-vehicle race. This event saw students teaming up in their respective colleges in high hopes of earning what was assured to be a gratifying reward. The overall winners of the race were North College who also won for team spirit, the slalom race, and the Formula-e lookalike.

Students at the race rumbled with excitement as they witnessed the Rector and Vice-Chancellor of the University of Free State Prof Francis Petersen get his hands dirty when he decided to test-drive one of the Eco-vehicles himself. “It was honestly an electrifying moment that proves that co-curricular activities have the power to indeed help shift education into the right direction,” said Dean of Student Affairs, Pura Mgolombane, who was seen alongside Prof Petersen.

The first official Kovsie ACT music festival was billed to rock Bloemfontein, and it did exactly that! With the gates opening at 4pm on 17 February 2018, the event saw people pouring in shortly afterwards. The community and student-centred celebration saw a turnout nothing short of amazing.

The evening included a laser show display that is always a crowd pleaser, with OFM radio-show host Shandor Potgieter as the official MC for the event. Festivalgoers were entertained by various musical acts that included Sam Ludidi and local DJ duo, C’jo-&-Cider.

The crowd rushed to the main arena as Jack Parow prepared to kick off with his piece, which undoubtedly revved them up. Shekhinah, of course, followed through with a thrilling performance that held fans at her mercy, with many shouting “Shekhinah!”, as she left the stage. 

Prince Kaybee’s electrifying set ended off the night on a high note. The audience wanted more but the celebrations for the evening had to come to an end. “The festival was too lit, and the artists brought the heat, exactly what I needed before classes start on Monday,” said #KovsieCyberSta and student Thuli Molebalwa.

Kovsie ACT music festival

News Archive

UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23

 Description: UFS and BMF present a crash course on Financial Literacy Tags: UFS and BMF present a crash course on Financial Literacy

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

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