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12 April 2019 | Story Ruan Bruwer | Photo Varsity Cup
Vishuis
Vishuis will be trying to win their overall seventh Varsity hostel title on Monday.
Managing his players is of the utmost importance if the University of the Free State’s (UFS) Abraham Fischer Residence (Vishuis) is to claim a fourth straight and seventh overall national hostel title, says Zane Botha, head coach of the hostel team at the UFS.

The Varsity Hostel competition, which will be taking place in Stellenbosch, has been drastically shortened to only three days of rugby because Steinhoff has withdrawn their sponsorship.

If Vishuis makes it to the final, they will play three matches in four days.
They will face the Kovacs of the University of the Western Cape (UWC) on Friday 12 March 2019, followed by the semi-final on Saturday and the final on Monday. The final will take place at 14:00 and will be broadcast live on SuperSport.

“This will be new territory for us. We will have to make good tactical decisions; it won’t be possible for a prop to play for 70 minutes in all three encounters,” said Botha, who is in his third year with the hostel.

The team played three warm-up matches, which they won convincingly. We still have the core of last year’s team, together with some exciting youngsters.
Botha explained that they kept to their strategy of working harder than anyone else on the practice field and during matches. In last year’s final, Vishuis defeated Patria of the North-West University by 55-29, which was the biggest winning margin in the 11 years of the competition. Vishuis walked away with the crown in 2010, 2012, 2013, 2016, 2017, and 2018.

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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