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19 February 2018 Photo Archive
Prof Sampie Terreblanche inspired many undergraduate students to become economists
Prof Sampie Terblanche, Prof Philippe Burger, and Prof Tienie Crous

It is with sadness that the executive management of the University of the Free State (UFS) received the news of the recent passing of Prof Sampie Terreblanche of Stellenbosch University.
 
Prof Terreblanche has been advocating social and economic justice for decades. During the 1980s and 1990s, he played an important role in keeping the debate about the need for socio-economic and -political reform in South Africa going. His position was not always popular, particularly among those who had a vested interest in the apartheid regime. After the dawn of democracy, he continued to argue for socio-economic and -political reform, and especially reform that would address the very high levels of inequality in South Africa.
 
Through his testimony before the Truth and Reconciliation Commission, as well as his seminal book entitled A history of inequality in South Africa: 1652 to 2002, Prof Terreblanche demonstrated that even though South Africa experienced a political transition towards democracy, it still needed to undergo an economic transition. Once again, he found that his position was not always popular, particularly among those with a stake in the old, but still existing economic order. Admirably, he nevertheless persisted to argue for socio-economic change, even in the last months of his life when he was already very ill.
 
Prof Terreblanche’s career started in 1957 as lecturer at the then University of the Orange Free State, later becoming senior lecturer. In 1965, Prof Terreblanche moved to the University of Stellenbosch as senior lecturer, becoming professor in 1968. He retired as Professor Emeritus in 1995.
 
As an academic who taught generations of undergraduate students, he inspired many of them to become economists. In 2005, the UFS conferred an honorary doctorate in Economics on Prof Terreblanche in recognition of his work in Economics and his relentless advocacy for social and economic equality.  

News Archive

International organised crime expert speaks at our university
2011-07-25

 

Prof. Johann Henning, Dean of our Faculty of Law and Prof. Barry Rider.
Photo: Leonie Bolleurs

Prof. Barry Rider, respected amongst others for the vital role he is playing in the struggle to combat money laundering and organised and economic crime delivered a lecture, Stewardship in Islamic Financial Law, at our university as part of the Faculty of Law’s Prestige Series of seminars.

He has taught mainly at Cambridge and London Universities and has delivered a valuable contribution as an academic in various fields of law. He has read papers and taught at more than 300 universities and conferences in more than 63 countries. He has also authored more than 35 legal handbooks and has made a substantial contribution to several more specialist publications. He is editor of, amongst others, The Company Lawyer, the International and Comparative Corporate Law Journal and the Journal of Financial Crime. His main areas of research are in financial law and the control of economic crime.
 
Prof. Rider has a relationship of more than twenty years with our university. In this time, he received the Doctor Legum (honoris causa) for his involvement with the drafting of money laundering and insider trading legislation. The university has also appointed him as Professor Honorarius in the Faculty of Law (only the second in its more than hundred-year history) for his vast and pivotal role in international law reform as an academic law reformer.
 
As part of his appointment as Honorary Professor in the Faculty of Law, Prof. Rider often delivers lectures in the faculty. During his recent visit, Prof. Rider’s lecture on Islamic Financial Law shed light on the importance of this topic in today’s economy, as money generated from Islamic businesses make up $750 billion to $trillion of the world’s economy. After 9/11, the West wanted to understand more about Islamic Financial Law.
 
The Islamic Financial Law system is determined by the Koran. For instance, Muslim business people cannot allow any payment of interest, as it is forbidden by the Koran.
 
Prof. Rider’s lecture on this very relevant topic was very insightful. As consultant to the Islamic Financial Services Board (IFSB) he spoke with authority on the topic. He is the only British academic lawyer assisting this body.
 
Prof. Rider currently serves in an advisory capacity at the international law firm Bryan Cave LLP. Apart from the IFSB, he is also consultant to the Asian Development Bank.

 

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