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22 February 2018 Photo Xolisa Mnukwa
Future of South Africa discussed at UFS peace conference
Delegates form the UFS and Osaka University gathered together at the Peace Conference.
The Department of Political Studies and Governance as well as the Centre for Africa Studies at the University of the Free State (UFS), together with the Osaka School of International Public Policy of Osaka University, jointly hosted a Quo Vadis South Africa Conference at the UFS on 12 and 13 February 2018.

Prof Hussein Solomon, Department of Political Studies and Governance, stated: “The focus is very much policy-oriented using academic insights to help resolve the myriad challenges confronting South Africa as a country as well as those on the continent.”

Prof Philippe Burger, Head of the Department of Economics and Acting Dean at the Faculty of Economic and Management Sciences at the UFS, spoke on the state of the national economy saying that factors contiguous to education could explain unemployment in South Africa. He pointed out that 60% of the population who were unemployed had not completed high school. He said only 20% of the employed population had tertiary education. Prof Burger said that labour-intensive, export-driven and investment-driven growth are the three integral sectors to consider when looking to improve the economy and overall growth of the country.

Prof Andre Duvenhage from North-West University delivered a presentation on his Strategic Perspectives of the ANC’s 2017 National Conference. Prof Duvenhage said that he had anticipated President Jacob Zuma’s recent departure from the ANC, saying his exit strategy had been negotiated behind the scenes. Some of his focal points included the state decay as a result of corrupt state practices, and the ideal future of the legitimate state which envisions the optimistic turn-around of the current condition of the South African Constitution.

“The future of Africa will be determined by politics”, said Jakkie Cilliers; Chairperson of the board, and Head of African futures and Innovation at the Institute for Security Studies. He explained that politics would drive events leading up to the national elective conference. This would offer political-election-outcome forecasts for 2019, 2024 and 2029 for the ANC, DA, EFF, and other national political parties. 

News Archive

Fasset continues to fuel academic excellence at the UFS
2017-12-15


  Description: Fasset read more Tags: Fasset, Accounting, INTRABAS, Finance, South African Institute of Chartered Accountants

  Programme Director: School of Accounting, Prof Hentie van Wyk, and
  Dean: Economic and Management Sciences, Prof Hendri Kroukamp
  excited about the unveiling of the Finance and Accounting Services
  Sector Education and Training Authority (Fasset)
  plaque at the School of Accounting.
  Photo: Rulanzen Martin

The School of Accounting on the Bloemfontein Campus of the University of the Free State (UFS) held an unveiling ceremony for a Finance and Accounting Services Sector Education and Training Authority (Fasset) plaque. The plaque was unveiled by UFS Rector and Vice-Chancellor, Prof Francis Petersen, and Fasset CEO, Lesego Lebuso. This was in honour of Fasset’s partnership with the UFS and its contribution towards driving academic excellence through its Intrabas projects over the past few years.
 
Funding for teaching and learning initiatives
These projects support the development of black student enrolment and performance in Accounting Studies. During the previous year, Fasset gave the UFS R54 million in funding to support teaching and learning initiatives for 960 black Accounting students. These students were enrolled for BAcc, BCom(Acc), BAcc(Hons)/PGDipCA, and BCom(Hons in Acc)/PGDipGA studies. In the same year, a celebratory ceremony was held at the South Campus for 125 Fasset-funded students to celebrate their academic excellence.
 
 Prof Hentie van Wyk, Programme Director: School of Accounting, said, “FASSET funding will give the Centre for Accounting (as it was then called) an opportunity to strengthen our current student-centred teaching model”. This seemed like a prophecy, because at the beginning of 2017, the class of 2016 BAccHons students achieved a 96% pass rate in the 2017 Initial Test of Competence (ITC) examinations of the South African Institute of Chartered Accountants (SAICA).

Millions contributed towards accounting degrees
In 2017, Fasset sponsored 114 students on the Bloemfontein Campus with full bursaries amounting to more than R20 million through the Intrabas bursary fund for degree qualifications in BAccHons, BComHons (Acc), BAcc, BComAcc and BComAcc Extended programmes, as well as the tutorial programme managed by the School of Accountancy. On the Qwaqwa Campus, Fasset has given more than R7 million worth of funding.
 
James Veitch, Senior Officer: School of Accounting, said, “A decision was made to rather fund less students so that they could be assisted with greater effect, and students who did not qualify for the bursaries, would still be assisted through the support programme.”

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