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25 January 2019 | Story Zama Feni | Photo Zama Feni
Sinoxolo Gcilitshane
Former UFS student and former Bloemfontein teacher, Sinoxolo Gcilitshane, received a Mandela Rhodes Scholarship to study further at the University of Cape Town.

The education career of a University of the Free State alumnus and budding teacher, Sinoxolo Gcilitshane, has been given a boost after he was granted a Mandela Rhodes Scholarship to do a Bachelor of Education Honours at the University of Cape Town this year.

This prestigious offer comes after only one year of teaching experience at Petunia Secondary School in Bloemfontein, where the 25-year-old first plied his trade as an educator in English and Social Sciences since January last year.

Gcilitshana, who holds a Bachelor of Education in Further Education and Training Phase from the University of the Free State, has since resigned from his teaching job.

His honours programme will focus on the teaching of History. “I chose this area simply because I still can’t believe the impact of my Grade 12 History teacher, the handsome Zimbabwean, Vimbai Muchabaiwa. His competency, commitment, and inspiring pedagogy really inspired me to such an extent that I decided that one day, I want to be like him, to teach like him, and love students in the same way he loves us.”

It is Gcilitshana’s resolute belief in himself that led to him receiving this esteemed opportunity. “There were those who told me that the Mandela Rhodes Scholarship is not for average students like me, and I believed them, because I couldn’t even speak proper English when I joined the UFS.”

“I never imagined myself as a beneficiary of this prestigious scholarship; nevertheless, I decided to brush aside any beliefs of self-doubt about myself. I then applied, and here I am today through the grace of our Almighty,” he said.

“My philosophy in life is that nobody owes you anything – not a job, not a greeting. It is therefore important for everyone, especially young people, to build their brand and to always chase excellence in all that they do – not money.

Asked where he would like to see himself in five years’ time, Gcilitshane, who was the Prime of Khayalami Residence once, brimmed with excitement when he said: “Within the next five years, I hope that I will be tasked with the responsibility and special privilege of teaching at a university anywhere in the country, where I will get the opportunity to work really hard and do my research and become one of the leading scholars in my field of specialisation.” He intends going for a master’s degree after finishing this programme.

 

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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