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01 February 2018 Photo Johan Roux
Legae first-year residents welcomed on UFS South Campus
On 27 January 2018, several dozen eager first-year students and a large number of their parents crowded into the venue at the Legae residence on the South Campus of the University of the Free State (UFS). They were welcomed by Gali Malebo, the Residence Head, Prof Daniella Coetzee, the Principal of South Campus, and Prof Francis Petersen, the Rector and Vice-Chancellor of the UFS.

Prof Coetzee exhorted the students to show their seriousness about studying by giving their best and being accountable for their own learning experience. She said that she enjoyed the very positive vibe from the excited and enthusiastic students. Prof Petersen also addressed the students and advised them to make full use of the facilities made available to support and assist especially first-years.

Gali Malebo said of the occasion: “I am pleased that what we planned was so successful, and I feel blessed that both Prof Petersen and Prof Daniella [Coetzee] were present to share such beautiful moments with us. I am grateful to my team of Residence Assistants who worked very hard to make sure that everything was in order. They received several expressions of appreciation from parents for their hospitable, welcoming spirit and for making the first-years feel at home, especially for those who travelled from far.”

Prof Coetzee concluded with these words, “The UFS is a space for freedom, opportunities, and responsibilities. Use each day to reach out for knowledge. The university is a place where you are supposed to be active in seeking out the knowledge you need, a place where you are supposed to struggle and strive in order to excel. Do not give up until you have explored the limits of your intellectual ability. We expect much of you, and you should expect much of us.”

News Archive

Valuable advice for businesses in difficult times
2013-04-15

 

Prof Helena van Zyl, Director of the Business School, and Dr Reuel Khoza.
Photo: Stephen Collett
15 April 2013


Dr Reuel Khoza, Chairman of the Nedbank Group, shared the group’s valuable rules for managing a bank in difficult times in an MBA lecture on the Bloemfontein Campus. Dr Khoza is a visiting professor at the UFS Business School.

He focused in the lecture on the group’s business and leadership model and highlighted some do’s and don’ts:

  • Do not surprise your stakeholders on the downside – communicate transparently, particularly when there is bad news.
  • Retrenching staff to contain costs should be a last resort – the damage to corporate culture from retrenchments is immense. Follow and support your customers – get as close to them as possible because business changes slowly, but customer behaviour can change in an instant.
  • Integrated central capital and funding management.
  • Entrench well-established reporting, KPIs and measurement systems.
  • Ensure strong independent risk management.
  • Manage your cost base – anticipate downturns and re-base your costs to avoid crisis-cost management.
  • Take advantage of opportunities – an economic downturn creates a situation where valuations fall and assets are sold off, which can be a great opportunity for acquisitions.
  • Keep innovating – innovation does not have to be a costly exercise, as the right culture can promote and encourage experimentation and collaboration.
  • Whatever you do – avoid a price war, as expedient pricing decisions may hurt the business in the longer term.

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