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22 February 2018 Photo Supplied
Tennis team countrys fourth-best
The Kovsies first tennis team is from left Cornelius Rall, Lienke de Kock, Reze Opperman and Arne Nel (captain).

The first tennis team of the University of the Free State (UFS) obtained a respectable fourth place at the Top Guns Club event that finished at Sun City on Monday 19 February 2018.

It was the first time the tournament was held where all the provincial tennis champs competed for the honours as national club champions.

The Kovsie team was represented by Cornelius Rall, Lienke de Kock, Reze Opperman and Arne Nel. Arne a veteran who has played for the first team for six years, led the team. They played as men’s doubles, women’s doubles and mixed doubles with optional rotation at the end of each set.

The round robin matches consisted out of three full short sets. Thus, the first team to four games, by a margin of two would win the set.

Student crown to defend
The Free State students topped their pool with three wins from three encounters.

Victories came against Lapésa Tennis Club of the Northern Cape, Wesbank from Eden and Cradock from Eastern Province, all by 3-0.

It set up an encounter with Camps Bay from the Western Cape in the semi-finals which the Kovsies lost by 1-2.

In the play-off for third and fourth place the students came unstuck against Marks Park Tennis Club from Gauteng Central.

The Kovsies will next be in action from 13 to 16 April 2018 again in Sun City in a university challenge tournament which they have won for the previous two years.

They boast an outstanding record in student competitions, having won the University Sport South Africa (Ussa) the last eight years consecutively.

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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