Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
05 August 2024 | Story Precious Shamase | Photo Yonela Vimba
commuter lounge Qwaqwa Campus
The new commuter lounge is designed to provide off-campus students with a comfortable and conducive environment for studying, socialising, and relaxation.

The University of the Free State (UFS) Qwaqwa Campus recently celebrated a significant milestone with the preliminary opening of its new commuter lounge. This dedicated space is designed to provide off-campus students with a comfortable and conducive environment for study, socialising, and relaxation.

A diverse crowd gathered to witness the historic event, including university staff and students from the off-campus community.

In his opening remarks, Vice-Principal: Support Services, Teboho Manchu, expressed his enthusiasm for the project. He highlighted the challenges previously faced by off-campus students who lacked adequate study spaces on campus. The new commuter lounge addresses this issue by offering a welcoming environment where students can connect, collaborate, and engage in intellectual discourse.

Quintin Koetaan, Senior Director: Housing and Residence Affairs, shared insights into the journey of bringing the lounge to fruition. He emphasised the collaborative efforts of various stakeholders and expressed gratitude to Coke for its generous sponsorship through the Alumni Office. The lounge also features a laundry facility, a valuable addition for students residing off campus. “Sitting here today really gives me goosebumps, because it is a dream come true for quite a number of people. This student lounge reflects an identity of what it is to be a Kovsie. It reflects us as the university, which is underpinned by the principles of diversity and accessibility. We want to give every one of our students access to a facility they can feel proud of, a facility where intellectual engagement can happen outside of class. This is a dream in terms of Vision 130, which demands of us to create these kinds of spaces that allow for positive interaction to encourage academic success,” expounded Koetaan.

A member of the Student Representative Council (SRC), Potela Zimvo, expressed the SRC’s appreciation for the new facility. He emphasised that the commuter lounge symbolises the university's commitment to inclusivity and support for all students, regardless of their residence status. The lounge is expected to foster a strong sense of community among commuter students and provide a much-needed space for social interaction and academic engagement. “To the university and campus management, thank you for recognising this initiative and providing the necessary resources. We hope that this place will become a central hub for our commuter students and that it will establish a sense of belonging for them. We appreciate the fact that this commuter lounge is equipped with laundry facilities, which will be helpful to our commuter students amid the water and electricity crisis that the Qwaqwa community faces,” said Zimvo.

The official opening ceremony of the commuter lounge is scheduled for later in the year, when it will be officially opened by the Vice-Chancellor and Principal of the University of the Free State, Prof Francis Petersen. However, the university has decided to make the facility available to students immediately to allow them to benefit from the amenities.

This new commuter lounge is a testament to the university's dedication to creating an inclusive and supportive campus environment for all students. It is a space where students can thrive academically and socially, contributing to their overall university experience.

News Archive

Deputy Governor of SA Reserve Bank inspires students
2016-08-19

Description: Deputy Governor of SA Reserve Bank  Tags: Deputy Governor of SA Reserve Bank

Dr Lyndon du Plessis, Head of Department of Public
Administration and Management, Francois Groepe,
Deputy Governor of the South African Reserve Bank,
Prof Philippe Burger, Head of the
Department of Economics and B.Com Hons student,
Mosoeu Mabote.

Photo: Siobhan Canavan

Students from the Faculty of Economic and Management Sciences had the opportunity to learn from the best in the field when the Deputy Governor of the South African Reserve Bank, Francois Groepe, presented a seminar on the changing roles of central banks.

According to Groepe, we are currently living in challenging times as central banks are called on to do more.

“Central banks have limits, and these limits are not always understood,” he said on 11 August 2016 in the Equitas Auditorium on the Bloemfontein Campus.

How central banks contribute to inflation

There are two main generally-expected roles from central banks: the obvious one of providing bank notes and coins, and the other, maintaining price stability.

According to Groepe, the aim of keeping prices stable is to ensure easier planning for the future, and to assist the poor.

“The poor are the ones more vulnerable to higher inflation because they hardly have enough to get by,” he said.

A negative impact on monetary policies could affect the economy negatively. This is as a result of higher inflation caused by the increase in food prices.

Furthermore, the 12% government debt renders a negative yield in the economy.

The stability of finances in South Africa


Financial stability is not an end in itself, but, like price stability, is generally regarded as an important precondition for sustainable economic growth, development, and employment creation.

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept