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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

2016: The year that was on the Qwaqwa Campus
2016-12-19

Description: Dr Lehlohonolo Koao, Qwaqwa highlights 2017 Tags: Dr Lehlohonolo Koao  

Dr Lehlohonolo Koao believes his research
will improve ordinary lives.
Photo: Thabo Kessah

Description: Prof Lis Lange, Qwaqwa highlights 2017 Tags: Prof Lis Lange, Qwaqwa highlights 2017

Prof Lis Lange making a point about
the governance, leadership, and
management processes at the university.
Photo: Thabo Kessah

Description: I-DENT-I-TIES, Qwaqwa Campus highlights 2017 Tags: I-DENT-I-TIES, Qwaqwa Campus highlights 2017

One of the leading performers of
I-DENT-I-TIES, Baanetse Mokhotla.
Photo: Thabo Kessah

The year 2016 has seen the Qwaqwa Campus become a hive of activity from all fronts.

Lithium-ion batteries research

On the research front, Dr Lehlohonolo Koao started work on the research that is aimed at improving lives of ordinary people. His research project focuses on improving the efficiency of lithium-ion batteries that are now commonly used in portable electronics, such as cellphones and laptops.

“This study will enhance power retention in the batteries for improved daily life since cellphones, solar panels, and laptops, to mention only a few, are now a way of life.’’

Dr Koao is a Senior Lecturer in the Department of Physics, where he specialises in solid state materials. He is also a member of the Vice-Chancellor’s Prestige Scholars Programme.

Spotlight on the academic project

To create a conducive teaching and learning environment on the campus amid the academic difficulties experienced during the year, the Institute for Reconciliation and Social Justice (IRSJ) hosted a critical conversation that was facilitated by Vice-Rector: Academic, Prof Lis Lange.

Prof Lange interacted with students who asked her very difficult, but critical questions relating to internal UFS processes aimed at academic excellence. Issues that were discussed included developing a common understanding on governance, leadership, and management processes at the university.

Student talent unearthed

This was a year during which massive student talent was unearthed by an unusual stage play called I-DENT-I-TIES. This large-scale interdisciplinary performance project afforded Qwaqwa students an unforgettable experience. This was according to Baanetse Mokhotla, one of the leading performers.

“I have personally learnt a lot about performing arts and also grew as an individual.”

The creative minds behind the play included New York-based Dutch director, Erwin Maas; Vienna-based Dutch theatre designer, Nico de Rooij; Djana Covic, a Serbian performance-craft-artist based in Vienna; and South African film and stage legend Jerry Mofokeng. The production was part of this year’s Vrystaat Arts Festival in Bloemfontein.

 

 

 

 

 

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