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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.

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OSM Camerata records CD with world-renowned cellist
2014-05-14

In 2010, South African cellist Heleen du Plessis, Executant lecturer for cello at the University of Otago, initiated the project “Cello for Africa”. The objective was to record a CD of new South African compositions for cello, reflecting the multi-cultural context of the country.

Du Plessis received an extensive research grant from the University of Otago in order to realise the project by commissioning, premièring and recording music. The aim was to facilitate a dialogue between Western and African musical traditions, as well as between the cello and indigenous African instruments.

Hans Huyssen, composer and cellist, has been closely involved in indigenous African music for a considerable time. In light of his extensive international experience, the SAMRO Foundation has granted Du Plessis' request to commission Huyssen to this task.

A world premiere concert preceded the recordings at the UFS’ Odeion School of Music (OSM) in March 2013, partially funded by a Humanities Research Grant as well as the OSM. This event provided a collaborative platform for musicians from different cultural backgrounds and several institutions to contribute towards a cultural and musical exchange. The funding enabled the project to successfully conclude in the recording of the CD, “Cello for Africa”. It was released by ODE records – the New Zealand label for classical music.

The OSM Camerata (OSMC) is the flagship ensemble of the OSM and was founded in 2012 with the main objective to kindle and forge the talents of exceptionally gifted students and pursue the highest artistic standards possible.

The OSMC participated in 2013 in the 13th International Conservatoire Festival hosted at the Rimsky Korsakov Conservatoire in St Petersburg, Russia. The OSMC received a standing ovation during their gala performance in the Glazonov Hall with a programme by South African composers Stefans Grové and Hendrik Hofmeyr.

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