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17 April 2018 Photo Johan Roux
Be an ambassador for hope - Miss Deaf SA Chantelle Pretorius
Chantelle Pretorius, Miss Deaf South Africa 2017/2018, spoke at the April graduation at the UFS Bloemfontein Campus. Spotlight photo: Rulanzen Martin
Chantelle Pretorius, Miss Deaf South Africa 2017-2018, delivered a speech filled with hope at the University of the Free State’s (UFS) Faculty of Education April graduation ceremony.

“In the words of Tata Nelson Mandela, education is the most powerful weapon you can use to change the world,” said Chantelle.
 
A journey filled with triumph 
Chantelle’s journey to becoming a UFS graduate and foundation-phase teacher at Barkly East Primary School in the Eastern Cape is an inspirational one. When she became a UFS student in 2012, she showed promise on the football field and represented the university’s first football team from 2013 to 2015. She graduated with a BA in Education in 2015.
 
“Each person will experience the journey of life differently, but when we let our light shine, we unconsciously allow others to do the same,” said Chantelle. She encouraged the graduates by reminding them there is no obstacle too big to overcome.
 
No discrimination and people-centred university
“I am honoured to stand here today, before you all, as an ambassador for hope. I have never focused on my weaknesses but rather on my strengths. I pushed myself to be a better person in life and I am thankful that I had the opportunity to obtain a degree from the UFS, even though I am a deaf person. The university does not discriminate against anybody with a disability. So I salute this institution for allowing me to make my dream of becoming a graduate come true,” said Chantelle.

Pillars of strength and inspiration
She reminded the graduates that teaching was about being a pillar of strength and inspiration to the children they will teach. Chantelle said success did not happen overnight and that the graduates would need to live life with the right approach. She encouraged them to be enthusiastic, positive and motivated teachers. “Be the teacher that touches the lives and hearts of the children you teach because in the end, it is not what you say that matters but rather how you made the child feel, that will be remembered,” she said. 

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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