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29 October 2018

Prof Stef Coetzee, former Rector and Vice-Chancellor of the University of the Free State (UFS), passed away in the Mediclinic Cape Gate on Saturday 27 October 2018. 

Prof Coetzee assumed duty as the 11th Rector and Vice-Chancellor of the UFS on 1 April 1997. He will be remembered for his drive to promote transformation at the UFS. During his time as Rector and Vice-Chancellor, he initiated a revitalisation process (turnaround strategy) which was ultimately finalised by his successor, Prof Frederick Fourie.

Among others, he established a Broad Transformation Forum (BTF) and transformation office to draft a new political framework for the UFS. He strived to manage the university as a business enterprise and was focused on developing the academy in an entrepreneurial manner. His legacy includes the establishment of the BTF, the revitalisation process (turnaround strategy), academic revitalisation, growing student numbers, and increased research outputs. He stepped down as Rector at the end of 2002.

“The turnaround strategy initiated by Prof Coetzee during his term as Rector and Vice-Chancellor is still evident today in the management approach of the UFS. On behalf of the executive management and the university community, I wish his family, relatives, and former colleagues all the best during this difficult and sad time. I hope that they will find comfort in his significant contribution to various sectors in the country – especially at the UFS,” said Prof Francis Petersen, Rector and Vice-Chancellor of the UFS.

Prof Stef Coetzee obtained his MA degree in Economics at Stellenbosch University in 1973, and a DPhil in Development Economics at the University of the Free State (UFS) in 1980. He is a former Executive Officer of the Afrikaanse Handelsinstituut and was also associated with Unisa and the North-West University. 


Released by:
Lacea Loader (Director: Communication and Marketing)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za
Fax: +27 51 444 6393

News Archive

UFS finances are fundamentally sound
2007-12-01

The finances of the University of the Free State (UFS) remain fundamentally sound and a higher than expected surplus of about R26 million was achieved in the 2007 budget.

This announcement was made last week during the last meeting of the UFS Council by Prof. Frederick Fourie, Rector and Vice-Chancellor.

“Up to now, we could finance the considerable investments in the infrastructure from discretionary funds, in spite of the fact that Council granted us permission during 2005/06 to take up a loan of R50 million for this purpose,” said Prof. Fourie.

The higher than expected surplus of about R26 million will be used among other things for the financing of infrastructure in order to further postpone the taking up of a loan.

In support of the drive to reposition the UFS nationally as a university that is successfully integrating excellence and diversity, R5 million will be made available from the surplus for this purpose.

The Council also approved the following allocations for 2008 for the key strategic pillars of a good practice budget for the university:

Information sources: R21,1 million
IT infrastructure: R3,5 million
Replacing expensive equipment: R7,05 million
Research: R18,1 million
Capital expenditure: R28,2 million
Maintenance capital assets: R18,2 million
Reserves: R6,3 million
Personal computers for the computer laboratory: R3,5 million

For the Qwaqwa Campus R2,5 million has been set aside for these issues.

In terms of strategic priorities R8 million was allocated for the academic clusters, R2 million for equitability, diversity and redress and R6 million for equity.

The projected income for 2008 will be R849 million, while the projected expenditure, excluding transfers, will be R694 million.

“Council further approved that discretionary strategic funds be largely voted to the further upgrading of the physical infrastructure, especially the Chemistry Building, the computer laboratory building, examination venues and the Joolkol,” said Prof. Fourie.

According to Prof. Fourie, funds have been reserved for the development of the academic clusters, as well as the continuation and acceleration of the transformation programme of the UFS.

“We have also managed to revise the conditions of employment of contract appointments and align it with the latest labour practices. The phasing in of the fringe benefits of this specific group of staff members will commence in 2008,” said Prof. Fourie.

Given the dependence of the income of the UFS on student numbers, a task team was formed last year to investigate the continued financial sustainability of the UFS. The core of this task team’s recommendations is:

to increase the third income stream by using the academic clusters as the main strategy; and to apply strategies such as the recruitment and extension of the postgraduate and foreign student corps, increase the income from donations and fundraising, etc.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
30 November 2007
 

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