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20 September 2019 | Story Rulanzen Martin | Photo Stephen Collett
Send off
The spirited #UFSRun4MentalHealth runners at the send-off ceremony yesterday morning. From left; Nico Piedt, with the baton of hope; Justin Coetzee, Brenda Coetzee, and Teboho Rampheteng.



#UFSRun4MentalHealth team, sponors and support staff

#UFSRun4MentalHealth team, sponsors and support staff. Photo:Stephen Collett

The #UFSRun4MentalHealth awareness runners have hit the road. The 21-member team from the Faculty of Health Sciences and Organisational Development at the University of the Free State (UFS) had a send-off ceremony yesterday, 20 September 2019, on their running journey to Stellenbosch University (SU) to raise awareness for #MentalHealth. The teams will run a distance of 1 075 km. 

“The two causes emphasised by this run are very much embedded in what the university stands for. One of the key priorities is the safety and well-being of our staff and students,” said Prof Francis Petersen, Rector and Vice-Chancellor of the UFS, during the send-off this morning.
 
The route is as follows: Bloemfontein, Jagersfontein, Fauresmith, Luckhoff, Vanderkloof, Petrusville, Phillipstown, De Aar, Britstown, Victoria West, Loxton, Fraserburg, Sutherland, Ceres, Wellington, and finally Stellenbosch University.

There will be a symbolic hand-over of the baton of hope to SU on 25 September 2019 at 13:00 at the Coetzenburg Stadium. The baton of hope that the team will carry is a symbol of hope for those suffering from a mental disorder.

Join their journey on our social-media platforms and follow the events with #UFSRun4MentalHealth #YourStoryIsNotOverYet

The sponsors of this initiative are BestMed, Standard Bank, Shell, Annique Health and Beauty, Xerox, Bidvest Car Rental, Media24, Kloppers, New Balance, Clover, Futurelife, Mylan, Pharma Dynamics, and the SA Society of Psychiatrists.


#UFSRun4MentalHealth #YourStoryIsNotOverYet #MentalHealth

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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