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12 October 2022 | Story Dr Nitha Ramnath

Constitutional Democracy, Corruption, and Leadership – Where to South Africa? 

The University of the Free State (UFS) and the South African Chamber of Commerce United Kingdom (SACC UK) are pleased to present a discussion on the state of South Africa through the lens of its constitution, its educators, and its state of corruption.  As part of the Global Citizen Webinar Series, world-renowned leading legal expert, Judge Albert ‘Albie’ Sachs, will join UFS Rector and Vice-Chancellor, Prof Francis Petersen, and SACC UK Chairperson, Sharon Constancon, in a conversation on the notion of a constitutional democracy, and what role the law, and universities as educators of leaders play, and should play, in addressing corruption.  The discussion will explore approaches to leverage the strengths and potential still inherent among South Africans and its international diaspora, to set the country on a promising trajectory and regain much-needed confidence.


Date: Tuesday 18 October 2022
Time: 12:00-13:00 BST / 13:00-14:00 SAST
Biography of Justice Albie Sachs
Former Constitutional Court Judge, anti-apartheid activist and writer, Justice Albie Sachs worked tirelessly as an African National Congress activist to end apartheid, sustaining debilitating personal injury in the process.   He was a key player in writing the Constitution of South Africa – one of the most progressive in the world, and one that met with high acclaim internationally when it took effect on 4 February 1997.  Human rights and the separation between the judiciary and parliament were given high prominence, heralding the opportunity to create – through the checks and balances inherent in government by constitutional democracy – a robust and flourishing state.  Justice Sachs is the author of several books, including The Jail Diary of Albie Sachs, Justice in South Africa, Sexism and the Law, The Soft Vengeance of a Freedom Fighter, and The Strange Alchemy of Life and Law. His latest books are We, the People: Insights of an activist judge (2016) and Oliver Tambo’s Dream (2017). Justice Sachs is a board member of the Constitution Hill Trust, which promotes constitutionalism and the rule of law, and he continues to share the experiences of South Africa with a view to building divided societies. Justice Sachs is the recent recipient of the Lifetime Achievement Award in Pursuit of Justice from the Clooney Foundation for Justice.

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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