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12 March 2020 | Story Xolisa Mnukwa | Photo Supplied
Student Governance dialogue session
The UFS Student Governance office aims to motivate engaged scholarship among students and academia, to act as a reservoir of excellence in governance, and shape an excellent landscape of leadership.

“I’m anticipating philosophical discussions that will unpack moral courage, ethics in leadership, and governance,” said UFS Manager for Student Governance, Buti Mnyakeni, in opening the Division of Student Affairs’ first annual Student Governance Leadership Series (SGL) at the University of the Free State (UFS). 

The Student Governance office intends to encourage engaged scholarship among students and academia to produce a broader landscape of equipped student leaders from the university. 

UFS Vice-Rector: Institutional Change, Student Affairs, and Community Engagement, Prof Puleng LenkaBula, joined by former SRC President, Phiwe Mathe, and student leaders Sam Masingi and Amanda Charles, provided rich and provoking contributions under the theme The concept of good governance. On the first day of the series, the discourse kicked off with problematising the concept, and further led to egocentrism, and Afrocentric modalities of governance. 

The panel also unpacked the exclusivity of governmental systems by discussing institutional and managerial culture, which according to them, results in detached knowledge and ways of thinking. 

Day two of the series focused on discussions around moral courage in the era of ethical decay. Attorney of the High Court and International Economic Law Lecturer at the UFS, Mmiselo Qumba; former Vice-President of the SRC, Bokang Fako; former president of the SRC, Richard Chemaly; and freelance writer, broadcaster, author, and communicator, Ace Moloi, engaged extensively on the influence of personal values on shared ethical standards as a vehicle that can lead to a socially just community and society.

The SGL series established a platform to encourage current and prospective student leaders to reflect, connect, and be innovative in their design thinking as leaders in their respective governance structures.

The Programme Director for the event, Adv Thanduxolo Nkala – an accredited mediator in commercial and court-annexed mediation – reflected on the dialogues as “rich and robust.”

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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