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26 January 2022 | Story Rulanzen Martin | Photo Charl Devenish
The Free State once again excelled in the NSC matric results. Pictured here is a broadcast of a celebratory event held by the FSDoE on the UFS South Campus in 2021 for the matric class of 2020.

The Free State has claimed the top spot in the National Senior Certificate (NSC) examination results for the third consecutive year, with a pass rate of 85,7% in 2021. 

“On behalf of the executive management, staff, and students of the University of the Free State (UFS), I would like to extend our warmest congratulations to you and your executive team on the Free State being the top-achieving province,” Prof Francis Petersen, UFS Rector and Vice-Chancellor, wrote in a congratulatory letter to Dr Tate Makgoe, MEC for Education in the Free State. 

“The UFS is proud to be associated with the Free State Department of Education and we salute you and your team for the many initiatives in schools across the province, which have contributed to the outstanding matric results this year,” Prof Petersen said. 

The UFS will welcome several first-year students on its three campuses in February – many of whom hail from schools in the Free State. The 2021 NSC results were released on 20 January 2022. 
 
Several UFS-led interventions thrive to make impactful change 

The UFS is leading several projects with the Department of Education to address education-related problems in the province. The UFS, through its South Campus, presents the In-Service (InSET) programme, the Internet Broadcast Project (IBP), and the Schools Partnership Project. “It is projects such as these that make a huge difference in the lives of many learners and teachers in our province and that have given so many schools the opportunity to rise to the occasion,” Prof Petersen said. 

The IBP supports learners from 80 schools, with lessons for learners in Grades 8 to 12 being transmitted to three centres across the Free State on a daily basis. Electronic access to learning material is also made possible through the IBP. The Schools Partnership Project, as part of the Social Responsibility Project at the UFS, is focused on the efficacy and quality of school management, subject teaching, and learning development. Well-trained mentors visit project schools on a daily basis, sharing knowledge, materials, and demonstrating the use of technology in an effort to improve the standard of teaching. 

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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