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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

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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