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01 June 2018 Photo Ian van Straaten
Future Kovsies love Qwaqwa Campus
Excited learners getting a quick lesson from Keafon Jumbam from the Department of Zoology and Entomology.

Hundreds of Grade 11 and 12 learners from all corners of the Eastern Free State and far afield converged on the Qwaqwa Campus of the University of the Free State (UFS) for the annual Open Day.

This was not just about getting information pertaining to academics, but it was also about getting the feel of campus life.

“Prospective students got the chance to explore our campus, interact with lecturers, and learn about the university’s qualification offerings. Drone flights and face painting added to the entertainment; there was also an opportunity to dress up for photos with staff from the Faculty of Economic and Management Sciences, while the Faculty of Education had a DJ belting out catchy tunes. We look forward to welcoming the class of 2019,” said Acting Vice-Principal: Academic and Research, Dr Jared McDonald.

Motivation and hard work

Karabo Mokoena and Sentebale Matsaba from Retief High School in Kestell expressed their excitement. “I want to study Political Science so that I can become a political adviser,” said Karabo. Sentebale added that the day was an ‘adventure’, as she wanted to get more information. “The event has motivated me to work even harder,” said an aspiring medical doctor.

From the teachers’ side, the event also served as a motivation for their learners.

“Our learners did not only find the day to be very fruitful in terms of information received. They also found it motivational as they were exposed to the look and feel of university life. It was indeed eye-opening and fascinating for them. Many said that they are now motivated to work even harder,” said Dikeledi Mabine, Life Orientation and English teacher at Ntsu Secondary School in Bethlehem.

The Rector and Vice-Chancellor, Prof Francis Petersen, also shared his hopes and aspirations for the campus and the UFS in general with teachers, while learners and future Kovsies were also given the chance to apply online.

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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