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09 February 2022 | Story Lacea Loader

The University of the Free State UFS) is aware of media reports on 8 and 9 February 2022 about challenges that students are facing related to off-campus accommodation and in particular an incident that took place on the Bloemfontein Campus in the early hours of 8 February 2022 when a group of students arrived late evening at Protection Services and requested emergency accommodation.

It is untrue that the university did not provide emergency accommodation to the group of students, and we wish to confirm that accommodation was indeed offered in two on-campus residences. However, the offer to provide such accommodation was not taken up by the Bloemfontein Campus Student Representative Council (CSRC) on behalf of the group. During Tuesday morning, university staff managed to obtain accommodation for the group in an off-campus emergency accommodation facility, to which they were taken by shuttle.

Several measures are in place to ensure the successful management of the accommodation process in consultation with and in agreement with various stakeholders. When the need arises, the university arranges emergency off-campus accommodation for students on all three campuses. Where a student cannot afford to pay for emergency accommodation, the university has measures in place, which include the provision of daily transport in the form of a shuttle service to the emergency accommodation and back to the campus – specifically during the registration period.

In addition, an Emergency Accommodation Committee, on which the CSRC sits, meets weekly. The CSRC is part of the committee’s decisions to accommodate the needs of students related to emergency accommodation.

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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