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06 March 2020 | Story Ruan Bruwer | Photo Supplied
Nomsa Mathontsi
Nomsa Mathontsi has been training with the South African senior women’s football team since Monday (03/02).

Whether she takes to the field or not, being part of the senior national women’s soccer team is already an accomplishment, says Nomsa Mathontsi. 

The BAdmin student in Economic and Management Sciences has been chosen for the Banyana Banyana squad for the first time. They face Lesotho on Sunday, 8 March 2020 in an international friendly in Johannesburg. There could be two Kovsies on the field, as Mating Monokoane, another University of the Free State student, was selected for Lesotho’s team. Both of them are midfielders.

The 21-year-old Mathontsi, who has been part of the Kovsie football team since 2018, says it will be a dream come true for her to wear the national colours. “Even if I don't get to play, I will still be proud of myself for being able to take on the challenge of going to camp and giving myself a chance to show my talent.”

“We have been together since Monday, 2 March 2020 and it has been the best experience, especially the fact that football has put me in the high-performance centre (South African Football Association girls’ academy), and now I get an opportunity to be with Banyana for the first time.”

“I was shocked when I got the call, but excited to face the challenge because it's never easy to get a call-up to Banyana, you need to work for it,” she says.

According to Mathontsi, who grew up in Mamelodi, Pretoria, her first love was athletics, but that changed during the 2010 World Cup in South Africa.
“I was an athlete back in primary school and it just so happened that I was selected to play football, which I never really enjoyed. I also had the opportunity to be part of the 2010 FIFA World Cup ceremonies, where I developed a love for football.”

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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