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2022 Africa Week

07 April 2022 | Story Bhekumusa N. Zikhali

Celebrating Africa Month – call for contributions

The University of the Free State Office for International Affairs, in collaboration with the Unit for Institutional Change and Social Justice, will be hosting its fifth annual Africa Day commemoration. The 2022 commemoration will be hosted across all three campuses in a marathon we call Africa Week, which unifies the activities through cross-campus collaboration speaking in one voice for one institution. The activities will be three-tiered, starting with an opening ceremony for Africa Week on the South Campus, a celebratory dialogue on the Bloemfontein Campus, and lastly, the closing ceremony of Africa Week on the Qwaqwa Campus. All three activities will be embodied under the theme ‘African Higher Education – Celebrating African Education’, which will embrace artistic expressions, music, dance, and meaningful dialogue that will provide an element for teaching and learning. You are all cordially invited to tune in.

In accordance with COVID-19 protocols/rules, the different activities will have limited capacity for attendance, but live streaming will be made available to the rest of us. This may change at any given time according to circumstances as determined by the relevant departments of the institution.

You are all cordially invited to tune in; be on the lookout for the RSVP link for attendance. In the meantime, save the date and the links below.

Livestream link: https://livestream.ufs.ac.za/

Opening Ceremony South Campus
Date: 23 May 2022
Venue: Open space outside the cafeteria
Time: 13:00 – 15:00

Celebratory Dialogue Bloemfontein Campus
Date: 25 May 2022
Venue: Centenary Complex
Time: 16:00 – 19:00

Closing Ceremony Qwaqwa Campus
Date: 27 May 2022
Venue: VIP Hall
Time: 12:30 – 15:00

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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