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26 August 2022 | Story Anthony Mthembu | Photo Supplied
Katleho Nkosi
Katleho Nkosi’s design, which won him second place in the national design competition during the Student Entrepreneurship Week 2022.

Katleho Nkosi, a fourth-year Education student at the University of the Free State (UFS), obtained second place in a national design competition hosted virtually by Entrepreneurship Development in Higher Education (EDHE). 

The national design competition formed part of the launch of the Student Entrepreneurship Week 2022, which took place at the University of Venda on 18 August 2022. As such, students from many of the universities in the country, including Nkosi, took part in designing a poster that would be used to advertise the event. 

Nkosi is delighted and excited about this accomplishment. “This win was really surprising and unbelievable for me, because obtaining the second-place position means that my work is good,” said Nkosi.

The participants were allowed to conceptualise and submit their final product between 28 June and 15 July 2022. “I had no experience in this space, I only designed content for fun, and I participated in this competition because I was motivated by a friend,” Nkosi highlighted. 

Click to view document  Click here to view poster in full size.


The motivation behind the design

Since the Student Entrepreneurship Week was held at the University of Venda, Nkosi used the vibrancy and colourfulness of Venda as inspiration for his design. “When I was designing the poster, the only thing on my mind was making sure that I put something together that was related to Venda,” he explained. In addition, the theme for the Entrepreneurship Week was ‘Move to Market’, and Nkosi asserts that he tried to integrate the theme with Venda, and this is how the design came about.

The outcome of the competition and future plans

Although Nkosi did not win the competition, he did receive a cash prize for being among the top three. Furthermore, given his accomplishment, Nkosi would like to take part in many more design competitions moving forward. “Now that I have realised that I have the potential to win, I think I can take this as a career path in the future,” he said. Nkosi is also looking at merging his love of teaching with his newfound love for design. “I’m going to try and find the connection between design and education, because I really love to teach, so I could perhaps become a design teacher,” Nkosi expressed

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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