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04 May 2018
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From left: Marné Mentz (second), Ts’epang Sello (first) and Tyler Beling (third) were in a class of their own, taking the first three spots in the 1 500m at the University Sport South Africa national championship in Sasolburg.
As expected, the Kovsie athletics team made the University Sport South Africa (USSA) national championship, held over the weekend in Sasolburg, one to remember.
Eight athletes earned gold medals, which is twice as many as last year. The total of 24 medals (including seven silver and nine bronze) is also double the number won in 2017.
They ended third, just one gold medal below the University of Johannesburg. The female athletes won the women’s competition and contributed to seven of the eight gold medals. The Kovsies dominated the 1 500m and 5 000m events in which they both claimed the first, second and third spots. They even grabbed the fourth and sixth position in the 5 000m in which Kesa Molotsane triumphed, with Tyler Beling second, and Marné Mentz third. Mentz and Beling swapped places in the 1 500m behind Ts’epang Sello.
Molotsane also won the 10 000m in a record time of 34:49.16 which is a massive three minutes and five seconds quicker than the previous record.
The 800m title also now belongs to Sello. She and Beling won a third medal (bronze) as members of the 4 x 400m relay women’s team.
The other gold medalist was Lara Orrock (3 000m steeplechase), Lynique Beneke (long jump), Esli Lamley (pole vault) and Rynardt van Rensburg (800m).
All five Kovsies who competed at the CAA Southern Region Youth & Junior Championships that took place over the weekend in Boksburg, won medals. They were Pakiso Mthembu (gold, 5 000m), Michaéla Wright (gold, long jump), Tyler (gold, 1 500m), Tsebo Matsoso (silver, 200m) and Orrock (silver, 3 000m steeplechase).
UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23
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.