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18 July 2019 | Story Ruan Bruwer
Gauta Mokati
The men’s football team from the University of the Free State will be captained by Gauta Mokati. He led the South African Student team at last year’s CUCSA (Confederation of University and College Sports Association) Games.

The coach of the men’s football team is hoping that their ability to adapt to a new game plan, if required, will stand them in good stead during the upcoming Varsity Football tournament.

The Kovsies are back in Varsity Football after five years, thanks to their performance at last year’s USSA championship where they finished sixth.

They will feature in the opening match on 25 July 2019, a fixture played at Shimla Park that will be broadcast live on SuperSport.

“In the Free State Motsepe Cup, we were one of the youngest teams. Now we intend to use the experience we have gained to benefit us in the Varsity Football competition. We can play a physical game and a technical game, as well as a combination of both,” said coach Godfrey Tenoff.

“We had a lot of high-pressure matches in the past two years to prepare us. Although the team is young, they have actually been exposed through various competitions.”

The UFS team received a favourable draw, playing four of their seven matches at home. Two of those opponents, the Tshwane University of Technology (22 August) and the University of Johannesburg (29 August), made last year’s semi-final. The UFS have a score to settle with UJ, who knocked them out in the semi-final in 2014.

“We need to give the crowd something to believe in. Once the crowd see the intent and passion, they can rally behind us. The most important thing is to play with confidence for each other, for the team, and for the badge. The crowd will appreciate that.”

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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