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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

Odeion: Staff Events in November
2008-10-15

Sunday, 9 November 2008
Christmas Concert Picnic
Odeion  Amphi Theatre
18:00

You are cordially invited to the Christmas Concert Picnic presented by students of the Department of Music.  Bring your picnic basket and be part of Christmas sing alongs and music.

Admission is free!  Invite your friends and family with and enjoy carols by candlelight under the stars!

For more information, contact Ninette Pretorius (051 – 401 2504).


Department of Music -  Public Examination Recitals.

The Department of Music presents Public Examination Recitals in the form of concerts in the Odeion.  You are cordially invited to these free events.

  • Admission to all concerts are free :  Book your free ticket at Ninette Pretorius (051 – 401 2504).

Monday, 10 November 2008
19:30 - Chester Meyer (B.Mus.Hons. – Choral Directing)
with
Primary School Jim Fouché Choir
Aurum Men’s Choir
UFS Choir
Accompanists: Joanita Erasmus, Jo-retha Smit & Hans Potgieter

Programme:
Works by Bach, Eben, Temmingh, Lightfoot, Britz and Orff, amongs others, will be performed, including two arrangements by Corné van Pletzen and Chester Meyer.

Tuesday, 11 November 2008
18:00 - Braam van Tonder (B.Mus. – Trumpet)
with
Petro Engelbrecht (piano)

Programme:
Torelli – Sinfonia con tromba
Hummel – Trumpet concerto in E-flat major
Addison – Trumpet concerto
Hindemith – Sonata in B-flat major for trumpet and piano
Arban – Variations sur Norma von Bellini

Tuesday, 11 November 2008
19:30
- Andrea Hobson (B.Mus.Hons. – Euphonium)
with
Petro Engelbrecht (piano)

Programme:
Barat - Fantaisie in E flat
Horovitz - Euphonium concerto (Moderato & Adagio)
De Faye - Deux Danses (Danse Sacreé & Danse Profane)
Hidas - Euphoniada
Jacob - Fantasia
Goedicke - Concert Etude

 

 

 

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