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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

Centre for Sustainable Agriculture to focus 20 years’ experience on food security
2014-12-04

 

The University of the Free State (UFS) Centre for Sustainable Agriculture is celebrating its 20th anniversary this year. According to Prof Izak Groenewald, professor in this centre, their vision in future will be to focus on food security.

Besides the centre’s role in training people to make a contribution to food security, Prof Groenewald and his team adapted the learning programmes to add mobility to its qualifications – students can now obtain qualifications in short courses up to PhD qualifications.

Short courses include:
• Introduction to Innovation and Rural Development
• Foundational Theories in Livestock Production
• Sustainable Plant Production

Persons interested in the Advanced Diploma in Sustainable Agriculture, can register for the following modules:
• Fundamentals of Rural Development
• Fundamentals of Agricultural Economics
• Sustainable Plant Production Practices
• Sustainable Animal Production Practices
• Basic written communication and presentation skills

Focus areas in the master’s degree programme are:
• Agribusiness management
• Value adding
• Rural development
• Plant production
• Animal production

The Centre for Sustainable Agriculture regards partnerships with institutions abroad as vitally important. For this reason, partnerships have already been fromed with the Food and Agricultural Organisation (FAO), the Global Forum for Rural Advisory Services (GFRAS), the University of Minnesota and the National Department of Agriculture.

Persons obtaining qualifications at the centre will be able to find employment in the following fields:
• Project management and planning
• Rural development sociology
• Livestock production systems
• Advisors in the agricultural sector of commercial banks
• Commercial and emerging farmers
• Extension services with government departments as link between farmer and government
• Lecturers
• Researchers

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