Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
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

UFS Faculty of Law helps to establish a FS Forum on Human Trafficking
2009-10-12

The Unit for Children’s Rights in the Faculty of Law at the University of the Free State (UFS) is a member of the Trafficking Action Group that recently hosted an Indaba on Human Trafficking in Bloemfontein.

Adv. Beatri Kruger from the Department of Criminal and Medical Law and the Unit for Children’s Rights at the UFS gave a presentation at the Indaba on the South African legal response to combating human trafficking. Prof. Susan Kreston, Research Fellow at the Centre for Psychology and the Law at the UFS, was also a speaker at this event. She spoke, amongst others, about trafficking between South Africa and neighbouring countries and also gave some practical guidelines on how to prevent human trafficking.

Apart from creating awareness, various role players identified cases of human trafficking, which led the Indaba to realise that this crime is prevalent in the Free State, especially in Bloemfontein. Many problems that need to be addressed were identified at the Indaba. Consequently, a forum consisting of the most relevant role players was mobilised to proceed with the work to realise the goal of handling complicated human trafficking cases effectively.

The three-day Indaba was attended by more than 120 delegates from various key governmental departments such as the SAPS, Social Development, Health, Immigration and several civil societies, including Child Welfare Bloemfontein/Childline, Famsa, the Thuthuzela Centre, the Free State Network on Violence against Women, the Aurora Clinic, academia from the UFS, various churches and private-sector businesses.

At the event were, from the left: Ms Matshidiso Ntsiuoa from Childline Free State and Child Welfare Bloemfontein; Adv. Beatri Kruger from the Department of Criminal and Medical Law at the UFS; Ms Zine Mogorosi, Absa Regional Manager: Marketing, Communications and Corporate Affairs; Ms Motsedisi Shale from Lesotho Save the Children/Childline Lesotho; and Pastor Busi Khumalo from the Seventh Day Adventist Church.
Photo: Leonie Bolleurs

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept