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03 February 2020 | Story Ruan Bruwer | Photo Varsity Cup
William Eybers read more
Centre William Eybers is the new captain of the Shimlas.

With an experienced squad at its disposal, the Shimla team is approaching the 2020 Varsity Cup with confidence – despite a very difficult first assignment.

The 13th version of the student rugby competition starts on Monday (3 February), with the University of the Free State team travelling to Stellenbosch to face the champions of the previous two years, Maties.

The Shimlas retained 19 players from last year’s team. This is compared to the previous two campaigns where they had little experience and a bunch of very young players. Head coach Hendro Scholtz can call upon ten players who have played in this competition before and who know what it is all about.
Even more important is that the ten senior men are playing in key positions, such as the hooker (Hanno Snyman), eighth man (Mihlali Peter and Bertie de Bod), scrumhalf (Rewan Kruger), and fullback (Ruan Henning). Snyman will participate in his fourth Varsity Cup.

The Shimlas have a new leader in centre William Eybers in 2020. He was named joint best backline player for 2019 at last year’s Shimla Rugby Club prize-giving ceremony.
The Shimlas won four of their eight matches in 2019 to book in spot in the semi-finals against Maties.

Monday’s encounter starts at 19:15 in the Danie Craven Stadium. The match will be broadcast live on SuperSport. The remaining Shimla fixtures are: 10 February against UWC (home), 17 February against NWU (away), 24 February against Tuks (away), 2 March against Ixias (home), 9 March against UJ (home), 16 March against Ikeys (away), 30 March against Wits (home).

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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