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21 June 2019 | Story Valentino Ndaba | Photo Ernst & Young
UFS Accounting Students win EY Project Alpha
At the Ernst & Young Project Alpha 2019 Awards, some of the members of the winning team, from left: Kyle du Bruyn, Luke Rhode, Janri du Toit, Nicolaas van Zyl, Mojalefa Mosala (Business Ethics Lecturer), Bianca Malan, Lorandi Koegelenberg and Frans Benecke.

A few years ago the news was saturated with Volkswagen’s (VW) fuel emission scandal. “Dieselgate”. Investigations in the US found the German automaker guilty of programming computers in their diesel cars to alter its engine operations to seemingly meet legal emission standards.

A question of ethics

A notice of violation of the Clean Air Act issued by the US Environmental Protection Agency had dire consequences for the automobile company, but positive implications for the economy and the environment. As part of a lawsuit settlement, vehicles were recalled, fines were paid, and approximately 21 million affected vehicles with VW diesel engines were refitted by September 2015.

Project Alpha tackles ethical issues

A group of eight students from the University of the Free State (UFS) presented their case study of “Dieselgate” to a panel of judges in this year’s Ernst & Young Project Alpha competition. They emerged as the ultimate winners.

The “Hoaxwagen” group’s 10-minute video demonstrated “a critical assessment of a multidimensional matter”   captivating the judges. “I was impressed, because their presentation addressed other skills such as the ability to present, communicate, come out of their comfort zone and be innovative, while at the same time addressing an ethical issue,” said Mojalefa Mosala, a judge and Business Ethics lecturer at the UFS.

Centred on critical thinking

The UFS is the first university outside of Johannesburg that participated in the Project Alpha contest. Ernst & Young and the UFS have forged a strong relationship over the past few years, giving students a glimpse into the corporate world of accounting. 

“Project Alpha encourages critical thinking and not taking things at face value, by looking a bit deeper, spending time to understand the pros and cons of any situation in order to make an informed decision,” said Frans Benecke, member. of the winning team that prevailed over 82 others. Benecke’s team walked away with R2000 shopping vouchers and a life-long learning experience.

Engaging in global conversations 

Participation in the competition gave students the opportunity to be exposed to contemporary global thinking, which is strongly advocated in the UFS’s Integrated Transformation Plan.


UFS Accounting students win 2019 Ernst & Young Project Alpha competition from University of the Free State on Vimeo.

News Archive

Prof Tredoux turns theories regarding the formation of metals on its head
2013-09-17

 

Prof Marian Tredoux
17 September 2013

The latest research conducted by Prof Marian Tredoux of the Department of Geology, in collaboration with her research assistant Bianca Kennedy and their colleagues in Germany, placed established theories regarding how minerals of the platinum-group of elements are formed, under close scrutiny.

The article on this research of which Prof Tredoux is a co-author – ‘Noble metal nanoclusters and nanoparticles precede mineral formation in magmatic sulphide melts’ – was published in Nature Communications on 6 September 2013. It is an online journal for research of the highest quality in the fields of biological, physical and chemical sciences.

This study found that atoms of platinum and arsenic create nanoclusters, long before the mineral sperrylite can crystallise. Thus, the platinum does not occur as a primary sulphur compound. The research was conducted at the Steinmann Institute of the University of Bonn, Germany, as well as here in Bloemfontein.

Monetary support from Inkaba yeAfrica – a German-South African multidisciplinary and intercultural Earth Science collaborative of the National Research Foundation (NRF) – made this research possible. Studies are now also being conducted on other metals in the precious metal group, specifically palladium, rhodium and ruthenium.

The discovery of the nanoclusters and the combination with arsenic can have far-reaching consequences for the platinum mine industry, if it can be utilised to recover a greater amount of platinum ore and therefore less wastage ending up in mine dumps. This will signify optimal mining of a scarce and valuable metal, one of South Africa’s most important export products.

For Prof Tredoux, the research results also prove thoughts she already had some twenty years ago around the forming of platinum minerals. “Researchers laughed in my face, but the evidence had to wait for the development of technology to prove it.” Young researchers were very excited at recent congresses about the findings, since the new models can bring new insights.

“Chemistry researchers have been talking about platinum element clusters in watery environments for quite a while, but it was thought that these would not appear in magmas (molten rock) due to the high temperatures (>1 000 degrees celsius).”

Prof Tredoux has already delivered lectures at congresses in Scotland, Hungary, Sweden and Italy on this research.

Read the article at: http://www.nature.com/ncomms/2013/130906/ncomms3405/full/ncomms3405.html

 

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