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09 December 2020
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Story Carli Kleynhans
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Photo Supplied
Carli Kleynhans.
With the most gruelling year recorded in our entire lives, gradually coming to an end we remain hopeful and thankful that we have made it through. From the unexpected shock of going into lockdown, to the worry of having to use a blended approach to succeed in your academics and now finally settling into a new normal, we at the advising office bestow upon you the title of Kovsie champion…because that's exactly what you are!
One of our many champions, Carli Kleynhans, a 3rd (final) year student enrolled for BA Psychology and English shares how she survived…no, actually how she has thrived in 2020.
• What was your biggest concern about your academics when you found out the country was going into lockdown?
My biggest concern about my academics as a final year student was whether the online learning and tests would provide the same in depth learning experiences that are necessary to build upon for future studies.
• What are some of the challenges you've experienced along the way?
Staying focused and trying not to procrastinate was a big challenge I had to conquer, especially trying to not be distracted by my family and my phone. How I survived and was able to thrive in 2020!
• What are some of the strategies you've used to ensure your academics don’t suffer?
Time management was one of the most important strategies that I applied. For most of my classes, I was able to focus each week on a different module, by working and studying in advance I was able to keep up with my workload and still have the weekends to focus on myself, therefore creating designated time to work, study and also time to relax and read.
• What support have you received from the institution that's helped you thus far?
Most of my lecturers have provided needed support regarding our academics. The institution helped provide clarity with everything that was going on.
• What do you think the UFS could have done differently to support student success?
I think the UFS could have provided more resources for the final year students, especially considering we have to apply for further studies; online it was difficult to discern exactly what was necessary for the applications, whereas in class I feel more information would have been provided.
• What has kept you motivated?
Knowing it is my final year has helped to motivate me, as I have to use these grades to apply for further studies. I recently received recognition from Golden Key and this helped to further inspire me to work even harder at my academics.
• What advice do you have for your fellow Kovsies who are finding it difficult to keep going?
Remember to make time for yourself, to look after yourself and your mental health, especially in these difficult times. Work in advance and keep to your personal academic calendar.
Deputy Governor of SA Reserve Bank inspires students
2016-08-19
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.