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18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied
The UFS team, from the left: Monique Harcourt, Dawid Potgieter, Atalanta Watson, and Zoe Travers.

One of two teams from the University of the Free State (UFS) performed exceptionally well and made it to the top four in the extremely competitive local Chartered Financial Analyst (CFA) University Challenge.

The CFA Society South Africa recently hosted the 12th annual local edition of the CFA Institute University Research Challenge. The research challenge is an annual global competition in equity research hosted by the CFA Institute, a global representative body for chartered financial analyst (CFA) charter holders. During the research challenge, teams from different universities locally and internationally compete on three levels – more than 1 000 universities compete annually.  

"Taking part in the CFA challenge was a wonderful opportunity where we learnt new skills and gained industry-specific experience, which will be invaluable to us as we graduate and embark on our journey as professionals. We are proud to have represented Kovsies in the finals and this proved to us, once again, that hard work pays off, " said the UFS team.

Two teams of four were selected to represent the UFS during the 2020 challenge. Team selection was based on students’ performance during the first semester of their BCom Honours (specialisation in Financial Economics and Investment Management) in the Department of Economics and Finance. During the challenge, students assumed the role of a (sell-side) research analyst and had to write a concise report that covered various aspects related to the company’s business activities, structure, governance, finances, etc., which was presented via Zoom to a panel of judges from the CFA Society South Africa. 

Dr Ivan van der Merwe, the team’s adviser from the Department of Economics and Finance, commented: “It was a pleasure to work with a team that showed so much dedication and was willing to go the extra mile. The experience they gained during this challenge will stand them in good stead and it was a real confidence builder for them to successfully complete a very stressful live presentation and subsequent question session. They made us proud and set the standard for aspiring Finance students at Kovsies.” 

News Archive

Ground-breaking project scores Renewable Energy Award
2017-10-29

Description: ' 000 University Estates award Tags: University Estates award 

Marcel Theron, Former President: HEFMA; Nico van Rensburg, Senior Director:
University Estates (UFS); and Maureen Khati, Project Manager: Facilities
Planning (UFS) attending the HEFMA awards ceremony in Pretoria.
Photo: Supplied

University Estates at the University of the Free State (UFS) were recently awarded for their amazing initiative to install and operate photovoltaic (PV) and greywater systems on all three of its campuses. They were awarded by the Higher Education Facilities Management Association of Southern Africa (HEFMA), an association of facilities managers operating in the higher-education sector in the Southern African region. All universities and universities of technology in the country form part of this association, which promotes excellence in the planning, construction, maintenance, operations, and administration of educational facilities.

Nico van Rensburg, Senior Director of University Estates, says, “I want to thank HEFMA for this amazing award which motivates for much more and also opens up the doors for so many more opportunities.”

Solar and greywater systems installed at various buildings

In December 2016, 26 solar-driven LED street-light poles and a greywater system were installed at the Legae Residence on the South Campus. Greywater is made up of bath, shower, and bathroom sink water. The water is reused for toilet flushing, as well as for irrigation purposes.

On the Bloemfontein and Qwaqwa Campuses, the computer laboratories as well as the Thakaneng Bridge Student Centre and the expected Afromontane Research Centre have freestanding solar solutions mounted on their roofs. These systems are designed to operate independently of the power grid (Eskom) during sunlight hours when the PV solar panels are heated by the sun.

Teamwork equals ground-breaking results

“This was truly a team effort with a variety of role players who contributed,” says Van Rensburg. He believes that higher education can do more to make use of other environmentally sustainable initiatives, and to go beyond just erecting and renovating buildings.

The UFS executive management is also extremely proud of the team that were involved in the project. Prof Nicky Morgan, former Vice-Rector: Operations, says, “It’s been extraordinary what we could achieve at all three campuses with such a small team.” Nadeem Gafieldien, Director: Property Services at Stellenbosch University, showered the UFS with praise. “This is truly ground-breaking for Higher Education (HE) and you are truly leaders in these renewable energy projects in the HE sector.” He says we need to demonstrate to other institutions in the HE sector that this is the future and that it makes the institutions both environmentally and financially sustainable.

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