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27 November 2018 | Story Lacea Loader | Photo Sonia Small
Prof Francis Petersen
Prof Francis Petersen, Rector and Vice-Chancellor of the UFS.

On 24 October 2018, the Board of Universities South Africa (USAf) elected Prof Francis Petersen, Rector and Vice-Chancellor of the University of the Free State (UFS), as Chairperson of its Finance and Investment Committee. As Chairperson of this committee, Prof Petersen will also serve as member of USAf’s Executive Committee and as ordinary member on the Audit and Risk Committee.

“On behalf of the UFS Council, I wish to congratulate Prof Petersen on his election as Chairperson. USAf plays an important role in higher education and I am confident that Prof Petersen’s contribution as Chairperson of the Finance and Investment Committee will be of great value to not only USAf, but to the sector in general,” said Mr Willem Louw, Chairperson of the UFS Council.

According to Prof Petersen, his election as Chairperson and his membership of the Executive Committee and the Audit and Risk Committee will enable him to gain further insight into matters of national interest relating to finance and investment and it will give him the opportunity to represent USAf in its deliberations with government on the broader issue of fees and other related matters. “I am honoured by the election and look forward to support USAf’s initiatives relating to the portfolio,” he said.

Prof Petersen’s appointment as Chairperson of the Finance and Investment Committee is for a three-year term of office.

News Archive

Student organisation tackles difficult questions in debate
2012-05-12

 

At the debate were, from the left: Danie Jacobs, Head of the Centre for Business Dynamics, Mhlanganisi Madlongolwana, Nombuso Ndlovu and Prof. JP Landman.
Photo: Leatitia Pienaar

 

“South Africa is consumed by a monster, namely the lack of critical thinking and dialogue with regard to our problems. Now is the time to make radical changes.” This is according to Nombuso Ndlovu, who spoke at the first debate in a series of Commercio and the UFS Business School.

“Young people are more interested in social gatherings than applying their minds to the problems of South Africa,” she said. Nombuso is the CEO of Commercio.

Commercio is the student organisation in the Faculty of Economic and Management Sciences. Two teams, one positive and one negative, debated the topic: Is South Africa’s current economic direction viable?

What emerged from the debate was that our students are well-aware of what is going on in our economy and that people cannot just sit back and expect government to deliver. Every individual has a responsibility. South Africa has a “democratic deficit” society, a “corruption-stricken economy” and “economic activism” is necessary to get the economy on the right path.

Prof. JP Landman, Visiting Professor at the Business School, economic advisor, analyst, columnist and also managing director of the Aardklop Arts Festival, was the expert panel member. He said the critical issue in South Africa is “how do you distribute wealth while keeping things going?”

“It is fantastic that South Africans have developed a collective repulsiveness for corruption.” People must know what underpins society and where aggression comes from.
– Leatitia Pienaar.

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