Latest News Archive

Please select Category, Year, and then Month to display items

Matric learners hone maths skills at Kovsies

19 July 2019 | Story Valentino Ndaba | Photo Charl Devenish

MEC for Education, Dr Tate Makgoe, presents an award to Khesa Maphakiso from Beacon High School at the ceremony.

Projections indicate that by 2020 about 80% of all jobs will require some level of competency in Science, Technology, Engineering and Mathematics (STEM). Also, given the rising unemployment rate and the subsequent demand for entrepreneurial skills in the past few years, STEM education has become a priority for South Africa.

A step in the right direction

Equipping young people to be efficient in the world of work and business is a major driver behind the country’s education system. The MEC for Education in the Free State reiterated the importance of STEM subjects. Dr Tate Makgoe addressed about 200 top-performing Grade 12 learners from quintile 1-3 schools in the province who were attending the South African Institute for Chartered Accountants (SAICA) maths camp.

Making mathematics fashionable

The week-long camp recently closed with an awards ceremony which was held on the Bloemfontein Campus of the University of the Free State (UFS). Nine of the creams of the crop of matric learners were honoured for their achievements in mathematics, physical science, and accounting.

Zinhle Gumbi, from Morena Mokopela Secondary School, one of the three Mathematics Top Achiever award recipients has become more determined to choose a maths-related profession. “I have told myself that any career I follow must include maths. Dr Tate Makgoe said we must prove to people that the black child can do it.”

Emerging as one of the Accounting Top Achievers was Albert Ramatsekane from Tsoseletso Secondary School who intends to pursue a Chartered Accountant (CA) qualification. “The camp has boosted my confidence. Now I can choose the CA stream without thinking twice.”

Sowing the seed and reaping the fruits

Accounting lecturer Mojalefa Mosala was satisfied with the results of the camp. “I am happy to see many familiar faces in my classes who have attended previous camps. It means we’re doing something right.”

Mosala, a former assistant camp organiser, has confidence in the project as it “affords a rare opportunity to learners who have not been exposed to information, the higher learning environment, study skills and motivational figures to experience all of these”.
Kovsies prides itself in partnering with industry stakeholders to build the future of the country, one maths camp at a time.

News Archive

UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs

2017-08-23

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

Back

Economic and Management Sciences

Education

Health Sciences

The Humanities

Law

Natural and Agricultural Sciences

Theology and Religion

Open Distance Learning

Business School

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept