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28 August 2018

The Rector and Vice-Chancellor of the University of the Free State (UFS), Prof Francis Petersen, comments on recent articles in the media and posts on social media alleging that white students and their history are not welcome at the UFS.

“I would like to explicitly state that white students are welcome at the University of the Free State, the same as any other student.”

“The university has been firm in its commitment towards diversity and inclusivity and this applies to all our students – irrespective of race. To make statements that white students and their history are not part of the UFS, is irresponsible. It is important for all our students – including the student leadership – to demonstrate tolerance towards each other so that everyone feel part of the university community,” said Prof Petersen. 

Antagonistic behaviour towards students or staff is not aligned to the vision and values of the university, and such behaviour will therefore not be tolerated at the University of the Free State.


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Lacea Loader (Director: Communication and Marketing)
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News Archive

UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23

 Description: UFS and BMF present a crash course on Financial Literacy  Tags: UFS and BMF present a crash course on Financial Literacy

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

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