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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

Old Mutual Investment Group invests in our students
2013-07-22

 

Old Mutual Investment Group’s Imfundo Trust scholars with Mr Muhammad Brey (far left) and Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS (far right).
Photo: Hannes Pieterse
22 July 2013

“I am one step closer to entering the corporate world as a young woman. My dream is to work for a large firm and now it is possible,” said Melody Motaung, a B Accounting first-year student. She is one of the first recipients of the Old Mutual Investment Group’s Imfundo Trust scholarship, which was launched at the university recently.

Melody is one of seven Kovsies and 91 students countrywide to benefit from the R20 million trust, aimed at empowering black professional people in the financial sector. Kovsies is now one of eight universities whose students benefit from the trust. It already empowers students from the University of Johannesburg, UNISA, Nelson Mandela Metropolitan University, University of the Western Cape, University of Fort Hare, Stellenbosch University and Rhodes University.

”The UFS embodies the excellence and innovation we are looking for in tertiary institutions,“ Mr Muhammad Brey, trustee of the trust, said during the launch. He conveyed that the main aim of the trust is to address the shortage of black professional investors in South Africa and to expand the source of suitably qualified individuals in the asset management industry.

The seven recipients, all of them female first-year students, were encouraged by the speakers to do their part in addressing South Africa’s skills shortage in the financial sector.

Prof Hendri Kroukamp, Dean of the Faculty of Economic and Management Sciences, said with the assistance of the Old Mutual Investment Group, the students – four of them B Accounting students – will help to address the shortage of chartered accountants in the country. “As qualified financial experts, they can make a big contribution.”

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