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03 May 2022 | Story NONSINDISO QWABE | Photo Supplied
Simphiwe Dube
ISRC President Simphiwe Dube.

The president of the ISRC, Simphiwe Dube, left his seat alongside the Convocation and traded his procession regalia for the black gown, as he walked across the stage to receive his qualification during the morning session of the Qwaqwa Campus graduation ceremony on 30 April 2022.

Students, proud parents, and loved ones in the Rolihlahla Mandela Hall ululated and clapped as Dube received his Bachelor of Education degree majoring in Intermediate Phase Teaching, with distinction.

Dube himself revelled in the moment, shouting “amandla” to the overjoyed crowd.

Reflecting on how he managed to balance an impeccable academic record while being fully active in student politics as well as other extracurricular activities on campus, Dube said it was all doable with determination, courage, and selflessness.

“I always knew I wanted to make a difference in one way or another, and I suppose that's why I chose teaching as a profession. Coming to university, I was received by a cloud of activism that changed the way I viewed the world. I suppose that's where my journey in the space began.” 

He said the first duty of a revolutionary was to be educated. “Education should be the bloodline of every true revolutionary; it should be the driving force, and it really is inspirational to end an academic period in a cloud of glory; this itself should be a message.”

Describing himself as keen and goal-driven through academic excellence and leadership skills, Dube shared the following words with the student community: “The true goal is to be educated; the main thing is to get that qualification. We are born to be great from the day we enter the UFS gates, we can only stop at the top. Therefore, we should always anchor ourselves in the true revolutionaries who have sought to emancipate education at every turn.”

Click to view documentView his moment on stage here: 

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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