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27 September 2019 | Story Ruan Bruwer | Photo Tania Allen
Netball
The Kovsies will face the Maties in the semi-finals of Varsity Netball in search of their fourth appearance in a final.

On Monday (30 September), the University of the Free State (UFS) netball team will have an ideal opportunity for revenge for what happened in this year’s Varsity Cup. In the semi-finals of the Varsity Cup back in April, the Shimla rugby team received a decent hiding from the Maties.

Now the UFS and Maties will face each other in another semi-final, this time in the netball version of the Varsity Cup, called Varsity Netball. The teams square off in the Callie Human Centre at 17:00.

Since losing to Tuks in the opening round, Kovsies have built up good momentum and confidence with six consecutive victories, including one over the Stellenbosch students on Monday (23 September). The score was 65-61.

The other wins were against UJ (69-35), TUT (64-20), NWU (59-55), Madibaz (70-41), and UWC (99-18), earning them the second spot on the log behind Tuks. The 99 goals against UWC were their best ever in the competition.The Free State women also won their encounter against Maties at this year’s USSA tournament by 38-31.

A victory would earn the team a shot at another Varsity Netball title. They have never lost a final, having appeared in three previous finals (2013, 2014, and 2018). Kovsies have won three of their previous five Varsity Netball semi-finals. They had met Maties only once before in a semi-final. This was last year in Bloemfontein when Kovsies prevailed by 56-45.
Khomotso Mamburu, goal defence of Maties, and Adéle Niemand, their assistant coach, both represented the Kovsies for many years.

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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