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28 October 2024
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Story Zingaphi Mdletshe
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Photo Supplied
Kovsie ACT volunteers undergo leadership and skills training, preparing them to engage in community service and develop sustainable solutions to societal challenges beyond university life.
The University of the Free State’s (UFS) Kovsie ACT office continues to foster a spirit of humanity among students through a leadership and skills development training initiative that is aimed at not only developing them as volunteers but also as conscientious individuals who understand the value of helping others.
“The leadership and skills development training is a platform that the ACT office utilises to ensure that volunteers are equipped with the necessary skills needed to fulfil their duties as Central ACT Committee members, thereby facilitating a smooth term,” said Teddy Sibiya, Senior Assistant Officer at Kovsie Support Services. “We aim to impart knowledge that will be beneficial during their term and beyond their involvement with the ACT office.”
Touching on how the training aligns with the broader goals of the Kovsie ACT Volunteer Programme for the term 2024/2025, Sibiya emphasised that sustainability has always been at the heart of Kovsie ACT and that their activities provide opportunities for students to engage in community service and participate in environmental initiatives to assist civil society organisations. The programme also encourages students to become active global citizens by addressing transnational issues such as food insecurity and socio-economic challenges.
“I am excited about the opportunity to be part of a movement that influences not just the lives of students but also reaches beyond the university, promoting innovative and sustainable solutions on a larger scale,” said Raylene Bussack, a Central ACT Committee volunteer. “My goal is to inspire and empower others to join us in this vital work to make a lasting difference together.”
In addition to leadership training, Kovsie ACT offers various programmes designed to enhance students' skills in areas such as communication, teamwork and project management. These skills are essential for their roles within Kovsie ACT and for their future careers. By participating in community service projects, students build valuable relationships and gain practical experience that will benefit them upon graduation. The initiative ultimately aims to create a culture of giving back among students while enriching their university experience.
Deputy Governor of SA Reserve Bank inspires students
2016-08-19
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.