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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

New yeast named after Bloemfontein
2011-11-21

 
Martie Smit, prof Jacobus Albertyn and Carlien Pohl.
Photo: Stefan Lotter

A second living organism was named after Bloemfontein, adding to the fact that the University of the Free State (UFS) has the largest yeast collection in the Southern Hemisphere.

In an article in the highly acclaimed scientific journal, International Journal of Systematic and Evolutionary Microbiology, three lecturers from the Department of Microbial, Biochemical and Food Biotechnology, at the UFS, Dr Carlien Pohl, Prof. Martie Smit and Prof. Jacobus Albertyn, describe four new yeast species.
 
One of these species, isolated from pine needles from Bloemfontein, has been named after this city and will be known as Rhodotorula bloemfonteinensis. ‘Rhodo’ refers to the redness of these types of yeast. This makes this yeast only the second living organism to be named after Bloemfontein. The other is a mite (Pilogalumna bloemfonteinensis), which was described in 1972.
 
In short, yeast is a micro-organism that is part of the fungi family. Prof. Albertyn, “The most common of these are the bakers’ yeast, of which the bloemfonteinensis forms part.”
 
Among these four species they discovered, the Rhodotorula pini was also discovered on the Bloemfontein Campus of the UFS during December 1995.
 
“The UFS now has the largest yeast collection in the Southern Hemisphere. All over the world, science is busy researching the field of bio-diversity. This promotes the bio-diversity at the UFS,” Prof. Albertyn says.

 

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