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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

Centenary celebrations of Faculty of Law reach a highlight
2009-11-19

At the occasion were, from the left: the Honourable Judge Ian van der Merwe; the Honorable Judge Faan Hancke; former Judge of Appeal Joos Hefer; and Prof. Johan Henning, Dean of the Faculty of Law at the UFS.
Photo: Stephen Collett


The Faculty of Law at the University of the Free State (UFS) reached the highlight of its celebrations of a century of excellence in legal education, training and research under the theme “Iurisprudentia 100” at a gala dinner held on the Main Campus in Bloemfontein last week.

At this spectacular occasion Prof. Johan Henning, Dean of the Faculty handed a Cum Laude award to Judge Faan Hancke, Chairperson of the UFS Council and Extraordinary Professor in the Department of Law of Procedure and Law of Evidence. Judge Hancke is the fourth recipient of this award. Judge Hancke received the award for his excellent contributions towards the building of the Faculty of Law and the UFS.

According to Prof. Henning the faculty has a distinguished history of excellence in theoretical as well as practical education and training, which can be traced as far back as to the establishment of the Grey University College in 1904. During this modest beginning the seed was planted for the establishment of the Faculty of Law, which gained momentum when Bloemfontein became the judicial capital of South Africa in 1910.

Other highlights in legal education at the UFS include, amongst others, 1909 when Adv. Percy Fisher, a BA LLB graduate from the University of Cambridge became the first law lecturer to receive a permanent appointment. In 1918 the first LLB degrees were awarded to SP le Roux, later Minister of Agriculture, CR Swart, later Minister of Justice, Governor-General, State President and the first Chancellor of the UFS, and Walther Leinberger, an attorney in town.

In 1945 Law became an independent faculty and in 1948 the first full-time professor, Dr JP Verloren van Themaat was appointed. After Prof. Van Themaat, six deans followed before the appointment of Prof. Henning.

Over the last ten years the faculty has managed to build many international contacts with international leaders in the legal arena, including the Universities of London, Cambridge, Sussex, Tilburg, Kentucky, Heidelberg, Freiburg, Utrecht and Deacon.

The faculty prides itself on the fact that he has prepared many students as well as lecturers who later became presidents, ministers, administrators, judges of appeal, judges and rectors. The faculty has 95 staff members and 2 400 students, of which 1 800 are postgraduate students.

National as well as international leaders in the legal field congratulated the faculty on its 100-year celebrations. Messages of congratulations were also received from, amongst others, universities, legal practices and the government.

Media release
Issued by: Lacea Loader
Deputy Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za  
18 November 2009
 

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