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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

Vermeulen’s work on display at Johannes Stegmann Art Gallery
2015-10-26

 

Dot Vermeulen, Anthropology (2014),
Oil on plywood, 300 x 200cm.
Photo: Supplied

“I am primarily fascinated in the travelling or movement of images in different spaces and media. By moving images from one medium into another, or posting and reposting them in different urban and virtual spaces, I ask questions about media presence and space.”

According to the late artist Dot Vermeulen, this is what the work for her Master’s degree was about. She was still completing it at the Department of Fine Arts at the University of the Free State (UFS).

Her work, called Posting Presence, is currently on display at the Johannes Stegmann Art Gallery on the Bloemfontein Campus. The exhibition is running from 1-30 October 2015.

Vermeulen was a junior lecturer at the Department of Fine Arts before she passed away in a car accident in April 2015.

According to Angela de Jesus, curator of the UFS Art Galery, the exhibition would have been part of Vermeulen’s final evaluation for her Master’s degree. She was one of South Africa’s most promising young artists, and won the prestigious Sasol New Signatures art competition in 2013.

In the work she had done in Posting Presence, Vermeulen said the spaces represented were derived from areas under bridges in an urban space where the visual messages left, speak of an accumulation of movement.

Exhibition event

An exhibition event was held on Friday 16 October 2015 at the Johannes Stegmann Art Gallery to celebrate Vermeulen’s work.

Janine Allen-Spies
and Prof Suzanne Human, the supervisors of her Master’s degree,spoke about the work to those attending.

Catalogue


De Jesus said a catalogue of Vermeulen’s research for Posting Presence had also been compiled, and would be available at the UFS Sasol Library in order for others to “use her work for further research”.

•    Vermeulen’s work can be seen from 08:30-16:30 daily until 30 October at the Johannes Stegmann Art Gallery on the Bloemfontein Campus.

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