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23 October 2023 | Story SAMKELO FETILE | Photo SAMKELO FETILE
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.

The University of the Free State (UFS), Department of Economics and Finance in the Faculty of Economic and Management Science, has recently made headlines by achieving remarkable success in the prestigious JSE Investment Challenge competition. The 3rd-year group secured an impressive second position, while the Honours group claimed an outstanding third place. These achievements are truly commendable, given the fierce competition and rigorous evaluation of financial acumen that characterises this national competition.

The 3rd-year group, consisting of Thapelo Tinte, Sipho Majenge, Busisiwe Nhlapo and Tsolofelo Zwane, showcased their financial prowess by excelling in trading futures, a complex financial instrument that demands in-depth knowledge and expertise. On the other hand, the Honours group, comprised of Dawie Bekker, Divan Koch, Keith Tarr, and William Oosthuysen, dedicated their efforts to the stock market. These talented individuals took on the trading aspect of the competition, meticulously constructing and managing their portfolios.

The significance of the JSE Investment Challenge

The JSE Investment Challenge, organised by the Johannesburg Stock Exchange (JSE), is a prestigious national competition designed to introduce students to investment fundamentals, offering practical experience that equips them with the knowledge and skills necessary for informed decision-making in real financial markets. This educational stock trading programme also champions financial inclusion and equality by welcoming students from all fields of study. Distinguished by its association with the JSE, one of Africa's leading stock exchanges, the competition exudes credibility and prestige. Participation from universities across South Africa further enhances its national appeal. Moreover, it imparts invaluable real-world financial skills and knowledge, highlighting the participants’ ability to navigate the complexities of the stock market and effectively manage portfolios.

A test of financial prowess

In the challenge, each participating team is allocated R1 million in virtual money and is tasked with constructing a portfolio by purchasing securities on the JSE. This portfolio is closely monitored over six months, from March to September, with the team that generates the highest return across all universities declared as the winner. The rewards are enticing, with the top team receiving R30,000 and an all-expenses-covered international trip. The second and third-placed teams receive R20,000 and R10,000, respectively.

Dr Edson Vengesai plays a pivotal role as the guiding force behind the JSE Investment Challenge in the Department of Economics and Finance. He emphasises, “The success of the students in the JSE Investment Challenge reflects the institution's commitment to providing practical and relevant education. It demonstrates that the students are not only learning theory but also how to apply that knowledge in real-world scenarios. This achievement enhances the institution's reputation, particularly in the fields of finance and economics. It signifies a high-quality curriculum and a dedication to excellence in education”. 

For more information about the competition, interested individuals can contact Dr Vengesai through the Department of Economics and Finance in the Faculty of Economic and Management Sciences or via email at vengesaie@ufs.ac.za.

Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr

Honours students: Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr.

News Archive

Joseph Pali - Serving with a heart for the ministry
2017-09-19

Description: Dr Pali  Tags: Dr Pali  

Dr Joseph Pali received his joint
doctoral degree at the Vrije University,
Amsterdam.
Photo: Anja Aucamp



Dr Khamadi Joseph Pali is the coordinator of the Higher Certificate in Theology at our university’s Faculty of Theology and Religion. This course focuses on Biblical hermeneutics, Christian leadership, African theology, and pastoral care for students who have a passion for the ministry. In addition to this responsibility, he participated in a collaborative doctoral programme with the Vrije University (VU) in Amsterdam, Netherlands, from 2011 till December 2016.

What is the theme of your doctoral thesis?

“The theme of my PhD thesis is Leadership and Transformation in the African Church: A Practical Theological Study of One Denomination. The Dutch Reformed Church in Africa in the Free State region was used as a case study. The study was an attempt to understand what kind of leadership transformation is needed.

Please describe your journey from the UFS to the Netherlands?
“My completion of this joint PhD programme is monumental, and a historical achievement for me and the Faculty of Theology and Religion. After completing my master’s degree in 2009, I was employed by the then Department of Practical Theology. Prof Kobus Schoeman, my head of department, proposed that I enrol for this programme. I agreed, viewing it as an opportunity to learn, empower myself, and be exposed to new study experiences.”

What did this learning experience mean to you?
“For me, it was an opportunity from God, enabling me to help my church and its members. It was also a reward for my hard work, and I grabbed the opportunity to learn from the best with both hands. My interaction with various scholars at the VU during my visits to Amsterdam was especially rewarding. The experience made me develop an open mind, interdisciplinary approach, and critical reflection.

In my teaching responsibilities, I focus on Africa as our context of study. Learning about our past and how to effectively engage that legacy, especially in South Africa, is a measure of success in our academic and ministerial training. I intend to delve into transformation from the Christian and African perspective to understand what is needed for the practice of Christian religion and to drive transformation in the African context.”

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