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12 April 2019 | Story Leonie Bolleurs | Photo Johan Roux
Francois de Beer
Francois de Beer, who achieved distinctions in all his subjects and is currently pursuing postgraduate studies in Chemistry.

The post-school life of Francois de Beer, one of the graduates in the Faculty of Natural and Agricultural Sciences who obtained his qualification in Chemistry and Biochemistry during the April graduation ceremonies, can be seen as one great act of ‘magic’. Other people may describe it as coincidence with a couple of miracles as the end result.

An opportunity 

After completing his schooling at Hoërskool Fichardtpark in 2008, Francois decided to study at the University of the Free State (UFS). “Kovsies gave me the opportunity when nobody else would,” said Francois. 

He did not have Maths subjects at school but wished to study in a Science field. “It is the closest one will ever come to doing magic,” he said.

The human element

Francois, who initially did not perform very well academically, did a bridging course in Mathematics and since then achieved distinctions in all his subjects. He related his story: “I did not have any Maths subjects at school, therefore it was very difficult for me to get to this path. The big difference was that Ms Elzmarie Oosthuizen from the UFS bridging programme saw something in me when nobody else did. She gave me the opportunity to do the Mathematics course, after which I was able to further continue on the Science path.”

“I would definitely recommend the UFS to other prospective students. I think Kovsies has a human element that really looks after students,” Francois said. 

Francois is currently pursuing his postgraduate studies in Chemistry. He wants to make a difference in the lives of other people, just as others made a difference in his life. 

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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