Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
11 December 2018 | Story Leonie Bolleurs | Photo Sonia Small
David Abbey
David Abbey is also serving on the UFS Council’s Finance, Audit, Risk and IT Governance Committee.

David Abbey, a senior banker and transactor in the Acquisition and Leveraged Finance Division at Rand Merchant Bank in Johannesburg, was appointed to the UFS Council.

An undergraduate student of Rhodes University, David is also a proud product of the UFS, having completed his Accounting honours degree at this university. For the past few years, he has also guest lectured on investment banking and financial instruments to Accounting honours students as part of the PwC Financial Instruments Programme.

Large-scale impact

Therefore, his appointment to the Council is particularly special to him.

“Being a member of the Council gives me the platform to have a more large-scale impact on the institution, academic community, the economy, and society. I’m thrilled to be serving alongside an astute body of incredible individuals from whom I will undoubtedly learn,” he says.

Realising his full potential

David is serving on the Council’s Finance, Audit, Risk and IT Governance Committee and his experience in, and knowledge of finance, technology, and audit skills will stand him in good stead. When he’s not developing and structuring innovative, multidisciplinary, and integrated financial solutions for his corporate clients, he loves to be active. He is a regular gym-goer and plays and watches all kinds of sport. Travel, the arts, and motoring are some of his other passions. 

On a personal level, there is still much he wants to achieve. “I want to continue to work hard, using my God-given talents to realise my full potential and to make a humble mark in society and in people’s lives.”

News Archive

How to interpret Centlec’s load shedding
2008-01-31

Everyone in South Africa is affected by power failures (load shedding). Centlec took certain measures to manage the situation. These measures are explained:

Time slots
See the following table for an indication of times when load shedding might be applied to specific areas:  http://www.centlec.co.za/power_shed/PDF/time_slots.pdf

Groups
The city was divided into six groups. This document clearly indicates which area in the city resorts under which group: http://www.centlec.co.za/power_shed/PDF/groups.pdf

According to the document, the university resorts under group 4. In the table with time slots it is the grey area.

Stages
Eskom developed three stages for load shedding. (See stage table at the bottom of the page http://www.centlec.co.za/power_shed/PDF/time_slots.pdf)
- Stage 1: Less load shedding is applied in stage 1. E.g. the UFS resorts in group 4 and on a Monday, according to stage 1, the power will not be switched off during 12:00 and 14:30 (this time slot is not highlighted in orange).
- Stage 2: More load shedding is applied in stage 2. Load shedding will be applied during stage 2 between 12:00 and 14:30 on a Monday at the UFS.
- Stage 3: All time slots are highlighted in orange, which indicates that power will be switched off for the whole duration of stage 3.

Example
Today, Tuesday, load shedding was scheduled to take place from 10:00 to 12:00 at the UFS. Currently, according to Centlec’s web site, stage 1 is active. This time slot is not marked in stage 1, therefore load shedding is not applied. Centlec gives also additional information; “No load shedding in progress.”

Keep in mind that if an area is at risk it does not automatically imply that the power will be switched off. It all depends on the request from Eskom at that particular moment whether the actual shedding is required.
 

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