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26 September 2019 | Story Ruan Bruwer | Photo Supplied
Kovsies Women Cross-Country Team Marné Mentz, Vicky Oelofse, and Channah du Plessis
Marné Mentz, Ts’epang Sello, and Tyler Beling played a huge role in Kovsies' cross-country champions win.

After coming within a whisker of claiming the title in 2018, the University of the Free State’s (UFS) runners ensured that the University Sports South Africa (USSA) cross-country trophy comes to Bloemfontein in 2019.

Kovsies are the new national student cross-country champions after they (men and women combined) won the USSA Championships in Nelspruit on Saturday, 21 September. Kovsies and the University of Johannesburg (UJ) both finished with three gold medals at the same event in 2018. UJ finished with nine overall medals compared to the eight (three gold, two silver, and three silver) of the UFS, who had to settle for second place. In 2017, the UFS finished third.

The Kovsie women’s team played a huge role in carrying the team to the top of the medal table, winning four golds. They won the 4 km and 10 km women’s team competitions as well as the road relay. The top three places by the runners of a university determined the team winner.

Marné Mentz UFS Cross-Country

Marné Mentz’s gold medal in the four-kilometre race at the
USSA Cross Country Championships helped the Kovsies
win the overall title.

Marné Mentz (first), Vicky Oelofse (fifth), and Channah du Plessis (sixth) dominated the four-kilometre race. In the 10 km, Ts’epang Sello (third), Tyler Beling (sixth), and Lizandré Mulder (seventh) did enough to ensure another gold for the Free State students. Mentz, Sello, and Beling jointly took first place in the road relay.

In the 10-km race for men, Kovsies came fifth, with Victor Makhabesela the best performer (finishing ninth). Pakiso Mthembu, one of the contenders for the medal who won the silver medal at the National Cross Country Championships two weeks before, had to withdraw after 7 km in the race due to an injury.

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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