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14 September 2018
Honouring great African leadership
Celebrating the legacy and leadership of the founder of the Basotho nation. From left are: Prof Itumeleng Mosala, Prof Puleng LenkaBula and Prof Francis Petersen, who attended the Moshoeshoe 1 memorial lecture delivered by Prof Mosala.

Prof Itumeleng Mosala, author, academic, public intellectual, researcher and business consultant, delivered the fourth King Moshoeshoe memorial lecture at the University of the Free State (UFS), Bloemfontein Campus. The lecture attracted audiences from as far as Lesotho including representatives of the Bakoena royal house. Ralechate Mokose, the High Commissioner of Lesotho also graced the lecture with his presence.

The King Moshoeshoe 1 memorial lectures are organised by the Department of Community Engagement and form part of the initiative to demonstrate the university’s commitment to transformation.

An example for global leadership

“I believe that throughout his reign, King Moshoeshoe demonstrated the power of ethical leadership. Not only as a model for African leadership but surely providing an example for leadership globally,” said Prof Francis Petersen, Rector and Vice-Chancellor of the UFS, in his welcoming message. He added that it was an integral part of the university’s mission to produce and disseminate knowledge on African affairs as well as to preserve the heritage and history of the country and the continent.

Leadership in times of battle

The keynote address by Prof Mosala was inspired by an article titled; 8 Facts about King Moshoeshoe I: The Razor of Southern Africa by Bill Humphrey. In his lecture, Prof Mosala focused on King Moshoeshoe’s leadership skills and resilience in battles. “King Moshoeshoe never lost a major battle. He was able to withstand insults and assaults but where there was no major battle, he would decide to retreat,” Prof Mosala said.
 
Drawing from King Moshoeshoe’s leadership, he said it was important for leaders to have the wisdom to allow insignificant battles to pass and focus the energy on winning major battles. Prof Mosala emphasised that King Moshoeshoe defended the land and built the Basotho nation. Leaders today need to learn such leadership qualities from this great Basotho king.

Prof Puleng LenkaBula, Vice-Rector: Institutional Change, Student Affairs and Community Engagement said in her closing remarks that the youth needed to draw from King Moshoeshoe’s ethical leadership, generous hospitality and understanding of coexistence.

Read full speech here

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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