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06 March 2019 | Story Ruan Bruwer | Photo Varsity Sports
Tharina van der Walt
Tharina van der Walt, a first-year student, won the hammer-throw item at the first Varsity Athletics meeting in Stellenbosch on Friday – the only gold medal for the Kovsies.

Hammer thrower Tharina van der Walt was the bright spark for the University of the Free State (UFS) at the first Varsity Athletics meeting in Stellenbosch on Friday.

Van der Walt, who recently turned 19 and is one of three first-year students in the UFS team of 25 athletes, bagged the only gold medal for the Free State students. She won the hammer throw with a distance of 53,12 m.

The UFS ended in fourth place behind NWU (first), UJ (second), and Tuks (third).

Six athletes achieved second places. Both Sokwakana Mogwasi (100 m) and Ts’epang Sello (800 m) came within a whisker of claiming victory.  Mogwasi lost the 100 m by 00:04 seconds, but in the process improved her personal best from 11,89 to 11,58. Sello (2:08,47) was in the lead for most of the 800 m but was eventually defeated by Niene Muller of Tuks by less than half a second.

Mogwasi was also second in the 200 m with a fast 24,92. Other silver medals were obtained by Yolandi Stander in the discus (52,70 m), Peter Makgato in the long jump (7,66 m), and Marné Mentz in a very fast 1500 m race. Mentz (04:26,63) chopped more than five seconds off her previous best time of 4:32,00. Her time was the third fastest ever in the 1 500 m at Varsity Athletics.

There were three third places: Sefako Mokhosoa (15,47 – triple jump), Petrus Jacobs (14,55 – 110 m hurdles), and the women’s 4x100 m relay team (Mogwasi, Elsabé du Plessis, Joviale Mbisha, and Micháela Wright).

Four athletes just missed out on podium positions, achieving fourth places.

The second Varsity athletics meeting will take place in Potchefstroom on 15 March 2019.

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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