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23 January 2020 | Story Xolisa Mnukwa
Gateway
Ensure a vibrant Kovsie student life for yourself by actively participating in the exciting series of official Gateway activities and events.

Enrich your first University of the Free State (UFS) experiences with the annual Gateway first-year’s college. Form long-lasting friendships and memories with your fellow freshmen and gear up for a vibrant academic career at the UFS.

Gateway comprises an exciting series of student-life and learning experiences that are intended to introduce and acquaint students with their respective Kovsie campuses and overall UFS campus life. 

The 2020 Gateway programme inducts first-year students into academic faculty life in order to help them adjust and settle into the university environment. It also aims to instil effective skills in them to thrive academically, and to develop into well-rounded, globally competitive graduates.

Want to experience Gateway? Here’s how

The Gateway Orientation programme on the UFS Bloemfontein Campus is conducted according to student colleges. First-year students who do not belong to an on-campus or day residence on the Bfn Campus, are assigned to a college in Exam Room 3 during their registration. This enables them to follow and be part of the series of events according to the colleges they are assigned to.

Get to know your UFS campus

UFS Campus Tours no longer form part of the Gateway Programme; however, Gateway mentors assigned to specific colleges are available for students to get in touch with, in order to arrange tours of the Bloemfontein Campus. Day-residence students and students residing on campus are paired with P3 mentors, who have been placed in their respective residences to facilitate campus tours for them. 

KovsiesACTUP Performing Arts Competition

The UFS Arts, Culture and Dialogue office has partnered with the Kovsie ACT office for the 2020 Gateway programme, introducing the KovsiesACTUP Performing Arts Competition for all prospective and current students of the UFS. It is geared towards engaging students and enhancing the general social atmosphere on the Bloemfontein Campus during registration.

The competition comprises various categories, including dancing, singing, poetry, DJing, musical bands, and rap. The winner from each category will walk away with R1 500 in cash. The competition finale will be held at the RAG farm on 27 January 2020 at 14:00.
 
For more information on how to get involved with the Arts, Culture and Dialogue Office, students can visit the Callie Human Centre on the UFS Bloemfontein Campus. The office has set up a performance stage, where fellow Kovsies associated with the office are entertaining prospective students and parents who are waiting to register. 

For enquiries about Gateway on each campus, see the details below:

Bloemfontein Campus:  +27 51 401 9876 or email gateway@ufs.ac.za
Qwaqwa Campus: Dulcie Malimabe, +27 58 718 5041; malimabeDP@ufs.ac.za 
South Campus: Tshego Setilo, +27 51 505 1362; SetiloT@ufs.ac.za

Visit the UFS Gateway page for more information on the 2020 programme and how you can get involved.

News Archive

Inaugural lecture: Prof. Phillipe Burger
2007-11-26

 

Attending the lecture were, from the left: Prof. Tienie Crous (Dean of the Faculty of Economic and Management Sciences at the UFS), Prof. Phillipe Burger (Departmental Chairperson of the Department of Economics at the UFS), and Prof. Frederick Fourie (Rector and Vice-Chancellor of the UFS).
Photo: Stephen Collet

 
A summary of an inaugural lecture presented by Prof. Phillipe Burger on the topic: “The ups and downs of the South African Economy: Rough seas or smooth sailing?”

South African business cycle shows reduction in volatility

Better monetary policy and improvements in the financial sector that place less liquidity constraints on individuals is one of the main reasons for the reduction in the volatility of the South African economy. The improvement in access to the financial sector also enables individuals to manage their debt better.

These are some of the findings in an analysis on the volatility of the South African business cycle done by Prof. Philippe Burger, Departmental Chairperson of the University of the Free State’s (UFS) Department of Economics.

Prof. Burger delivered his inaugural lecture last night (22 November 2007) on the Main Campus in Bloemfontein on the topic “The ups and downs of the South African Economy: Rough seas or smooth sailing?”

In his lecture, Prof. Burger emphasised a few key aspects of the South African business cycle and indicated how it changed during the periods 1960-1976, 1976-1994 en 1994-2006.

With the Gross Domestic Product (GDP) as an indicator of the business cycle, the analysis identified the variables that showed the highest correlation with the GDP. During the periods 1976-1994 and 1994-2006, these included durable consumption, manufacturing investment, private sector investment, as well as investment in machinery and non-residential buildings. Other variables that also show a high correlation with the GDP are imports, non-durable consumption, investment in the financial services sector, investment by general government, as well as investment in residential buildings.

Prof. Burger’s analysis also shows that changes in durable consumption, investment in the manufacturing sector, investment in the private sector, as well as investment in non-residential buildings preceded changes in the GDP. If changes in a variable such as durable consumption precede changes in the GDP, it is an indication that durable consumption is one of the drivers of the business cycle. The up or down swing of durable consumption may, in other words, just as well contribute to an up or down swing in the business cycle.

A surprising finding of the analysis is the particularly strong role durable consumption has played in the business cycle since 1994. This finding is especially surprising due to the fact that durable consumption only constitutes about 12% of the total household consumption.

A further surprising finding is the particularly small role exports have been playing since 1960 as a driver of the business cycle. In South Africa it is still generally accepted that exports are one of the most important drivers of the business cycle. It is generally accepted that, should the business cycles of South Africa’s most important trade partners show an upward phase; these partners will purchase more from South Africa. This increase in exports will contribute to the South African economy moving upward. Prof. Burger’s analyses shows, however, that exports have generally never fulfil this role.

Over and above the identification of the drivers of the South African business cycle, Prof. Burger’s analysis also investigated the volatility of the business cycle.

When the periods 1976-1994 and 1994-2006 are compared, the analysis shows that the volatility of the business cycle has reduced since 1994 with more than half. The reduction in volatility can be traced to the reduction in the volatility of household consumption (especially durables and services), as well as a reduction in the volatility of investment in machinery, non-residential buildings and transport equipment. The last three coincide with the general reduction in the volatility of investment in the manufacturing sector. Investment in sectors such as electricity and transport (not to be confused with investment in transport equipment by various sectors) which are strongly dominated by the government, did not contribute to the decrease in volatility.

In his analysis, Prof. Burger supplies reasons for the reduction in volatility. One of the explanations is the reduction in the shocks affecting the economy – especially in the South African context. Another explanation is the application of an improved monetary policy by the South African Reserve Bank since the mid 1990’s. A third explanation is the better access to liquidity and credit since the mid 1990’s, which enables the better management of household finance and the absorption of financial shocks.

A further reason which contributed to the reduction in volatility in countries such as the United States of America’s business cycle is better inventory management. While the volatility of inventory in South Africa has also reduced there is, according to Prof. Burger, little proof that better inventory management contributed to the reduction in volatility of the GDP.

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