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11 September 2018 Photo Stephen Collett
Outstanding Alumni awarded
Attending the awards evening were from the left: Dr Mafu Rakometsi; Gustav Wilson; Dr Pieter du Toit, National Executive Alumni Chairperson; Ace Moloi; Dr Khotso Mokhele; Prof Dave Lubbe; Dr Suzanne Staples; Prof Francis Petersen; Bertus Jacobs, and Tshepo Moloi.

A medical doctor, an economist, an author, and experts in the fields of Information Technology, Education, Management and Sociology are the winners of this year’s Chancellor’s Distinguished Alumni Awards

This is the 36th year that the UFS honours those alumni who are not only flying the Kovsie flag high, but are inspiring excellence and transforming lives.

Chancellor’s Challenge

UFS Chancellor Dr Khotso Mokhele had a sobering message for those who attended the awards ceremony on 8 September. He shared how, on a recent visit to the US, he had a chance to visit the campus of Facebook in Seattle, and heard how every year Facebook received more than two million CVs from prospective employees – 98% of whom sported A-average grades. Management then confided in him that they never hired a CV, but rather a mindset.

“They sift through all those applications, looking for someone with a vision to disrupt the status quo,” Mokhele said. “This continent will be left behind if we don’t adopt that mindset – that confidence that borders on arrogance – that we can change the world. Are we ready for that challenge?” 

The recipients in the various categories are:

Chancellor's Distinguished Alumnus of the Year:       
Danie Meintjes – Former Group Chief Executive Officer of Mediclinic

Cum Laude Awards
Dr Mafu Rakometsi ¬ Chief Executive Officer of the Council for Quality Assurance in General and Further Education and Training (Umalusi)
Dr Suzanne Staples, Principal Investigator at the Tuberculosis & HIV Investigative Network (THINK)

Kovsie Ambassador Awards
Tshepo Moloi – Economist at the South African Reserve Bank
Bertus Jacobs – Chief Technology Officer at IoT.nxt
Gustav Wilson, Regional Head (Development and Care) Department of Correctional Services 

Executive Management Award

Prof Dave Lubbe – Research Fellow and Professor at UFS School of Accountancy.

Young Alumnus of the Year
Ace Moloi – Author and literary consultant

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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