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21 September 2018 Photo Charl Devinish
Abe Bailey Bursary victor
“I believe in self learning,” says 2018 UFS Abe Bailey victor, Nkahiseng Ralepeli.

The Abe Bailey Trust is a leadership-development opportunity that targets university students or junior lecturers who are academically strong and have shown exceptional qualities of leadership and service. Recipients of the bursary are required to have a good record of accomplishments, not only on campus but also in a broader social context, where they function as an integral piece of a select and highly-skilled group of individuals.

Ralepeli, the over-achiever

Final-year Law student, Nkahiseng Ralepeli, embodies this exact description and exemplifies the essence of distinction and merit when it comes to who he is. Ralepeli  who has represented the university at various international debate platforms, an alumni of the F1 programme to Thailand and other leadership programmes such, recently, International Youth Leadership Conference (IYLC) programme in Prague, will represent the University of the Free State (UFS) during the Abe Bailey Travel Bursary tour in the UK in December 2018. He, along with 16 other candidates from other South African tertiary institutions, will participate in the tour for its full duration and will take part in the exciting developmental programme that is planned.

With an intense but fruitful leadership-training schedule, he said he was looking forward to meeting the British members of parliament as well as other persons of stature in the British government.

Travelling: A catalyst for critical thinking


Ralepeli, who was also 3rd overall Kovsie Dux student, underlined that he truly enjoys travelling. He has subsequently mastered the art of constantly positioning himself among the best academically and socially, and this has aided his mission to trot the globe extensively, which he has been doing since his junior years.

A man of value

“I have a small yet select and impactful network of people in my life who play an influential role in reminding me during times of triumph that, while it is important to celebrate, each win is just a step towards the ultimate goal of success,” said Ralepeli. 

He emphasised the importance of the roles played by those close to him, describing them as “my double-edged sword who played a crucial role in carving out the inner Nkahiseng, who, hopefully, will do great things”. The Kovsie Dux believes that those you surround yourself with, channel the kind of energy that will either make or break you.

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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