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13 December 2020 Photo Supplied
Read More NAS Danie Vermeulen
The Faculty of Natural and Agricultural Sciences held its very first virtual Academic Awards Ceremony this year, where 103 prizes were awarded in 75 different categories. Prof Danie Vermeulen sponsored the award for the best undergraduate student in the faculty.

The Faculty of Natural and Agricultural Sciences at the University of the Free State (UFS) presented its very first virtual Academic Awards Ceremony this year, celebrating the achievements of students.

According to Tracy Isaacs and Heidiry White, both from the Office of the Dean: Natural and Agricultural Sciences and organisers of the event, the aim of this event is to award and reward skills, knowledge, talent, and abilities. They believe the event contributes to encourage, inspire, and motivate other students to excel.

“Academic awards in the faculty create meaningful moments of recognition that inspire others and reinforce the behaviour that led to the reward. Rewarding students for their hard work forms an integral part of creating a competitive spirit among students. Competition is essential, as it encourages every student to do their best to stand out,” says Isaacs. 

Support and innovation

During this year’s ceremony, 103 prizes were awarded in 75 different categories. Dedicated academic staff who went the extra mile to ensure that no student was left behind, played a major role in the faculty awarding this number of prizes. 

The quality of the programmes and the curriculum, together with innovative teaching and learning activities and approaches, form the basis for academic excellence in the faculty. Lecturers and students are also provided with ongoing support and proper resources to maintain a high quality of teaching.

An achievement that stood out was the work of Philip Schall, who received the Dean’s Award for best undergraduate student in the faculty. Schall obtained his degree with distinction. The Dean, Prof Danie Vermeulen, sponsored this award.

Search for knowledge encouraged

Lecturers and researchers encourage students on a daily basis to pursue academic excellence by challenging them to obtain the highest level of success in their work. 

Students are also provided with an academic, creative, and enterprising spirit that not only prepares them for their academic journey, but also for the world of work. “While being exposed to a range of valuable and relevant learning experiences, students are prepared for further study, ongoing learning, and for their future work environment,” says Isaacs.

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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