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28 January 2021 | Story Dr Nitha Ramnath | Photo Sonia Small
Prof Phillippe Burger.

The COVID-19 pandemic has disrupted the entire world, claiming more than two million lives and sparing no region. The world is confronted with urgent unsolved challenges, with the poor and vulnerable populations, low-skilled workers, and refugees most affected. 

These challenges will be addressed by the Lancet COVID-19 Commission and its various task forces, one of which is the Fiscal Policy and Financial Markets task force. Prof Philippe Burger, Professor of Economics and Pro-Vice-Chancellor: Poverty, Inequality and Economic Development at the University of the Free State, serves as a member of the commission’s Fiscal Policy and Financial Markets task force. The eleven members of the task force include two Nobel prize laureates in economics, as well as academics and public-policy specialists from across the world, under the co-chairpersonship of Dr Vitor Gaspar (Director of the Department of Fiscal Affairs at the IMF) and Prof Felipe Larraín (Professor of Economics, Pontifical Catholic University of Chile and former Minister of Finance of Chile).

The commission is an interdisciplinary initiative across the health sciences, business, finance, and public policy, and was created to help speed up global, equitable, and lasting solutions to the pandemic. The work of the commission is divided into 12 task forces, each composed of members from diverse disciplinary interests, geographies, and identities. These task forces provide support in areas ranging from vaccine development to humanitarian relief strategies, to safe workplaces, to global economic recovery. 

Key aims of the commission is to speed up awareness and the worldwide adoption of strategies to suppress transmission, as well as to ensure that COVID-19 vaccines and key technologies are equitably accessible across the world.

The Fiscal Policy and Financial Markets task force will consider fiscal and financial issues related to the pandemic affecting advanced, emerging market, and developing economies. Based on evidence and best practices, the task force will provide recommendations on managing the effects of the pandemic and will also manage the transition to a resilient, smart, inclusive, and green growth path. Issues related to fiscal sustainability as well as debt relief in poor countries are on the task team’s agenda.

Many multilateral institutions such as the WHO, the IMF, the World Bank, the Food and Agricultural Organisation of the UN, the UN World Food Programme, the UN Educational, Scientific and Cultural Organisation, the Organisation for Economic Co-operation and Development, and others face profound challenges in undertaking their crucial missions to coordinate the global response to the pandemic. The Lancet COVID-19 Commission also aims to make recommendations to strengthen the efficacy of these critical institutions. Moreover, the commission reaches out to regional groupings, including the African Union, the Association of Southeast Asian Nations (ASEAN), the Southern Common Market (MERCOSUR), and others, to support the efforts of these bodies in fighting the pandemic. 

The Lancet COVID-19 Commission and its task teams include leaders in health science and healthcare delivery, business, politics, and finance from across the world. They volunteer to serve in their individual capacities – not as formal representatives of their home institutions – and will work together towards a shared and comprehensive outlook on how to stop the pandemic and how best to promote an equitable and sustainable recovery. 

News Archive

Kesa and Wayde biggest stars at KovsieSport Awards
2017-10-03

Description: 'Awards KovsieSport 2017 Tags: Awards KovsieSport 2017

Wayde van Niekerk was unable to attend the KovsieSport Awards.
Steven Swarts, his stepfather, received the award for KovsieSport
Senior Sportsman of the Year from Prof Francis Petersen (left),
Rector and Vice-Chancellor of the University of the Free State,
on his behalf.
Photo: Mlungisi Louw/Volksblad


It took Kesa Molotsane seven years of hard work and patience to excel, and all this time she has been a Kovsie. Unlike some other sporting greats, success didn’t come overnight for her. 

The star athlete had an amazing year and was crowned KovsieSport Senior Sportswoman of the Year, while Wayde van Niekerk is the KovsieSport Senior Sportsman of the Year for a fifth consecutive time. The 400 m Olympic Champion surpassed the record held by himself and Franz Kruger for most successive sports awards for men (four), and equalled Kruger’s record (five) for the most men’s titles overall.

Blose and Chawane top juniors

The cream of the crop was honoured at the KovsieSport Awards, held in collaboration with the Volksblad Free State Sport Stars Awards, at Monte Bello in Bloemfontein on 27 September 2017.

Kwenzo Blose, who represented the South African U20 rugby team at the Junior World Cup, was named Junior Sportsman for a second consecutive year. The netball player Khanyisa Chawane is the KovsieSport Junior Sportswoman of the Year. She captained the South African U21 netball team at the World Youth Netball Champs.

The blind athlete Louzanne Coetzee and her guide Khothatso Mokone received a Special Award for Disabled Sport. Coetzee took part in the Paralympic Games and has set many records, such as in the 5 000 m (T11).

Hard work over many years

Molotsane competed at the World Cross-country Championships in Kampala, is the leader of the Spar Women’s Grand Prix 10 km series, and represented South Africa at the World Student Games. The Assistant Officer at KovsieSport says being the best female athlete is humbling. 

“It took me long enough to get here and it needed a lot of work from my side over many years. I have been with Kovsies for, like, seven years and I am only getting this after so long.”
She also commended Karla and Tanya Mostert who was nominated with her. “Karla has been a motivation for little kids from primary school up until high school learners. She has always been there and knows what it means to really be a sport star. 

“And her younger sister Tanya is the upcoming one. It is amazing to be on stage with both of them.”

KovsieSport Awards:
Participants in World Student Games in Tapei: Arné Nel (tennis), Hendrik Maartens (athletics), Janke van der Vyver (badminton), Kesa Molotsane (athletics), Lienke de Kock (tennis), Maryke Brits (athletics), Rynardt van Rensburg (athletics), Tsepang Sello (athletics).
Special Award for Disabled Sport: Louzanne Coetzee and Khothatso Mokone
Special Awards: Maryka Holtzhausen (netball), Janine de Kock, Marnus Kleinhans (tennis), Ans Botha, Rufus Botha (both athletics), Nicole Walraven (hockey) and Godfrey Tenoff (soccer)
Junior Sportswoman of the Year: Khanyisa Chawane (netball)
Junior Sportsman of the Year: Kwenzo Blose (rugby)
Senior Sportswoman of the Year: Kesa Molotsane (athletics)
Senior Sportsman of the Year: Wayde van Niekerk (athletics)

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