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27 March 2018 Photo Varsity Sports
Medals galore at second Varsity meeting Peter Makgato
Peter Makgato won the long jump title at the second Varsity athletics meeting in Pretoria with a winning jump of 7.56m.

The University of the Free State (UFS) had a successful second Varsity athletics meeting on Friday 23 March 2018 at the Tuks Athletics Stadium in Pretoria, dominating the long jump and middle distances. 

The 25 athletes achieved six gold and eight bronze medals. Although it’s just one more than what they earned at the first Varsity meeting at the beginning of the month, two more received gold. On 2 March 2018 the Free State students totalled four gold, six silver and three bronze medals. 

Although Yolandi Stander bagged a silver in the discus, it didn’t contribute to the Kovsies’ total. Stander competed for Tuks last year and the competition rules do not permit her to participate for another university in the following year.
 
Victories in middle distances and long jump
As was the case in the first meeting, the athletes running in the red colours of the Kovsies outsprinted the rest in the middle distances with three first places. Both Ruan Jonck (1:50.56) and Ts’epang Sello (2:10.42) defended their titles in the 800m for men and women respectively.

In the 1500m for women, Tyler Beling clocked a winning time of 04:33.48 with Lara Orrock following in third place (04:46.37). Both are just 18 years old. 

Both long-jump titles were decisive victories. Peter Makgato’s winning jump (7.56m) was 0.17m more than his closest competitor, and Maryke Brits (5.81m) won by 0.14m.

Three bronze medals were added in the field events; Nadia Meiring (47.10m) in the hammer throw) and Sefako Mokhosoa (15.29m, men) and Molebohang Pherane (11.67m, women) both in the triple jump. 

On the track Ané Erasmus (400m hurdles, 1:04.04), Hendrik Maartens (200m, 21.01) and Sokwakana Mogwasi (100m, 11.99) all ended in the third spot. 

The men’s varsity mixed medley relay won their race once again, and the men’s 4x100m relay finished third. 
The Kovsies ended fourth overall after the two meetings.

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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