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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

KovsieSport lauds its heroes of the year
2013-10-20

 

Maryka Holtzhausen and Wade van Niekerk
20 October 2013

The University of the Free State (UFS) honoured its top achievers at the Loch Logan Waterfront on Friday 18 October 2013. Maryka Holtzhausen and Wade van Niekerk were named the Sportsman and Sportswoman of the year respectively.

The Junior Sportsman and Sportswoman for 2013 are Jacques du Toit and Izelle Lategan.

This year the university’s sport stars were honored in five categories. This includes:

  • Sportsman and Sportswoman of the year (everyone that represented South Africa at a senior level, was eligible for the title). The winners each received a trophy and each sportsman and sportswomen in this category were honored with a medal.
  • Junior sportsman and sportswoman of the year. The winners each received a trophy.
  • Sport stars that represented South Africa at senior and junior level. The achievers received certificates.
  • Sport stars that represented the UFS in the national student teams. The sport stars also received certificates.
  • Certificates were also awarded to the KovsieSport club sport stars.

The following students represented South Africa at senior level:

  • Maryka Holtzhausen was a member of the Protea Netball team that participated in the Fast5 World Series in Auckland, New Zealand, in November 2012. Maryka captained the victorious Protea Netball team in the African Cup in Malawi in May 2013 and was also the captain of the Protea team that toured England in September 2013.
  • Adele Niemand was a member of the victorious Protea Netball team in the African Cup in Malawi in May 2013. Adele obtained her 50th cap for the Proteas when she played for the Protea Netball team that toured England in September 2013.
  • Izelle Lategan was a member of the SA Senior Women’s Protea team that participated in the World Hockey League Round 1 and 2, as well as in the semifinals of the World Hockey League. Izelle was also part of the Protea Women’s team that participated in the Investec Series in England.
  • Tanya Brits was a member of the SA Senior Women’s Protea team that participated in the World Hockey League Round 1 and 2, as well as in the semifinals of the World Hockey League. Tanya was also part of the Protea Women’s team that participated in the Investec Series in England.
  • Hananja Steyn was a member of the national team that participated in the African Fencing Championships in Cape Town in 2013. Hananja also participated in the World Championship in Budapest during 2013.
  • Elsabe le Roux participated in the WKF Senior World Karate Championships in Paris in 2013. Elsabe was a member of the SA Protea team that participated in the Africa Zone 6 Championships in Namibia in June 2013.
  • Diana Welmans was a member of the SA Protea team that participated in the Africa Zone 6 Karate Championships in Namibia in June 2013.
  • Elme de Villiers was a member of the SA Badminton team that won gold at the All Africa team event and she played in the semifinals in the singles at the same event. Elme also reached the quarterfinals in the singles and obtained gold in the doubles at the Mauritius Open.
  • Sandra le Grange was a member of the SA Badminton team that won gold at the All Africa team event and she obtained a bronze medal in the singles at the same event. Sandra also reached the quarterfinals and obtained gold in the doubles at the Mauritius Open.
  • Karla Mostert was a member of the Protea Netball team that participated in the Fast5 World Series in Auckland, New Zealand, in November 2012. Karla was a member of the victorious Protea Netball team in the African Cup in Malawi in May 2013 and also toured England as a member of the Protea Netball team in September 2013.
  • Balungile Ngcofe was a member of the SA Protea team that participated in the Africa Zone 6 Karate Championships in Namibia in June 2013.
  • Jan Petrus van der Merwe was a member of the SA Swimming team that participated in China and Australia during 2013.
  • Wayde van Niekerk was a member of the SA Athletics team that participated in the World Athletics Championships in Moscow, Russia, in 2013.
  • Wim Boshoff was a member of the SA Protea team that participated in the Africa Zone 6 Karate Championships.
  • Tanya Basson was a member of the SA Judo team that competed in the World Kata Championships in Italy in 2013. Tanya was a member of the SA team to compete in the Africa Championships in Maputo in 2013 and she also competed in the World Kata Championships in Japan.

Sport stars that represented South Africa on junior level, are:

  • Danelle Willemse was a member of the SA U/21 Netball team that participated in the Netball Junior World Cup in Glasgow in 2013. She also represented the SA U/21 Netball team in the World Youth Championships in Singapore in 2013.
  • Diana Welmans was a member of the SA Protea team that participated in the Africa Zone 6 Karate Championships in Namibia in June 2013. She also participated as a member of the SA U/21 team in the UFAK Africa Karate Championships in Tunisia in August 2013 where she received a bronze medal.
  • Line Malan was a member of the SA U/21 Hockey team that participated in the Hockey Junior World Cup in August 2013. She was also a member of the SA U/21 team that toured Europe in July 2013.
  • Nicole Walraven was a member of the SA U/21 Hockey team that participated in the Hockey Junior World Cup in August 2013. She was also a member of the SA U/21 Hockey team that toured Europe in July 2013. The SA U/21 team, of which Nicole was a member, won the Africa Cup Tournament in order to qualify for the Junior World Cup.
  • Cornelle Botha was a member of the SA U/21 Hockey team that toured Europe in July 2013. The SA U/21 team, of which Cornelle was a member, won the Africa Cup Tournament in order to qualify for the Junior World Cup.
  • Lisa Hawker was a member of the SA U/21 Hockey team that won the Africa Cup Tournament.
  • Izelle Lategan was not only a member of the SA U/21 Hockey team that participated in the Hockey Junior World Cup in August 2013, but also captained the team. She also captained the SA U/21 Hockey team that toured Europe in July 2013 and won the Africa Cup Tournament in order to qualify for the Junior World Cup. Izelle’s outstanding performances was recognised by SAHA when she was announced as the SA Junior Hockey Player. She was also a member of the SA Senior Women’s Protea team that participated in the World Series Hockey League.
  • Tanya Brits was a member of the SA U/21 Hockey team that participated in the Hockey Junior World Cup in August 2013. She was also a member of the SA U/21 Hockey team that toured Europe in July 2013 and won the Africa Cup Tournament in order to qualify for the Junior World Cup. Tanya was also a member of the SA Senior Women’s Protea team that participated in the World Series Hockey League.
  • Jacques du Toit was a member of the SA U/21 Rugby team that participated in the IRB Junior World Championships in 2013.
  • Andries Gous played as a SA U/19 Cricket player in a test series against England in January and February 2013, as well as in the One-Day Series against England during February and March 2013.
  • Wim Boshoff participated as a member of the SA U/21 team in the UFAK Africa Karate Championships in Tunisia in August 2013 where he received a bronze medal. He also participated in the Istanbul Open in Turkey in September 2013.

The KovsieSport club sport stars are:

  • Maryka Holtzhausen – Netball
  • Jaco Fourie – Hockey
  • Izelle Lategan – Hockey
  • Leonard Killeen – Cricket
  • Teboho (Oupa) Mohoje – Rugby
  • Duke Munro – Tennis
  • Christi Potgieter – Tennis
  • Ricco Sutil – Soccer
  • Choaro Khumisi – Soccer
  • Wayde van Niekerk – Athletics
  • Danelle Prinsloo - Athletics

B Category:

  • Jan Petrus van der Merwe – Aquatics
  • Elsabe le Roux – Karate
  • Tanya Basson– Judo

The USSA international participants were:

  • Wayde van Niekerk participated in the World Student Athletic Games in Russia in July 2013.
  • Gideon Trotter participated in the World Student Athletic Games in Russia in July 2013.
  • Rynhardt van Rensburg participated in the World Student Athletic Games in Russia in July 2013.
  • Dumisane Hlaselo participated in the World Student Athletic Games in Russia in July 2013.
  • Jaco Fourie participated in the World Student Hockey Games in Russia in July 2013.
  • Luke Sanan participated in the World Student Hockey Games in Russia in July 2013.
  • Robbie van Schalkwyk participated in the World Student Rugby Games in Russia in July 2013.
  • Elme de Villiers participated in the Student World Badminton Championships in Korea in November 2012.
  • Sandra le Grange participated in the Student World Badminton Championships in Korea in November 2012.

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