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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

UFS will award four honorary doctorates during Winter Graduation ceremonies
2016-06-29

Four honorary doctorates and two Chancellor’s medals will be awarded at the University of the Free State’s Winter Graduation ceremonies.

Max du Preez, Prof Joel Samoff (both Humanities), Trevor Manuel, and Dr Reuel Jethro Khoza (both Economic and Management Sciences) will receive honorary doctorates during the morning ceremony of 30 June 2016. Antony Osler and Marguerite van der Merwe (née Osler) will receive Chancellor’s medals at the same ceremony. Prof Samoff, from Stanford University in the USA, will also be the guest speaker during the afternoon ceremony on 29 June 2016.

A total of 482 master’s and doctoral degrees

Description: 2016 06 20 Grad Pre Tags: 2016 06 20 Grad Pre
The University of the Free State will award

482 postgraduate qualifications at the
Winter
Graduation ceremonies.
Photo: Johan Roux

The Winter Graduation ceremonies will take place in the Callie Human Centre of the Bloemfontein Campus on 29 and 30 June 2016. On 29 June 2016, diplomas will be awarded in the School of Financial Planning Law, as well as diplomas and certificates for educational qualifications on the South Campus. On 30 June 2016, 53 doctorates and 429 master’s degrees will be awarded in the seven faculties.

Most of the doctorates (16) will be awarded in the Faculty of the Humanities, while most of the master’s degrees (204) will be awarded in the Faculty of Natural and Agricultural Sciences.

Date: 29 June 2016
Time:
09:00: Diplomas: School of Financial Planning Law
14:30: Diplomas and certificates: Educational qualifications of the South Campus
Venue: Callie Human Centre, Bloemfontein Campus

Date: 30 June 2016
Time:
09:00: Master’s and doctoral degrees: All faculties, except Natural and Agricultural Sciences
14:30: Master’s and doctoral degrees: Faculty of Natural and Agricultural Sciences
Venue: Callie Human Centre, Bloemfontein Campus

 

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