Latest News Archive

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

How to interpret Centlec’s load shedding
2008-01-31

Everyone in South Africa is affected by power failures (load shedding). Centlec took certain measures to manage the situation. These measures are explained:

Time slots
See the following table for an indication of times when load shedding might be applied to specific areas:  http://www.centlec.co.za/power_shed/PDF/time_slots.pdf

Groups
The city was divided into six groups. This document clearly indicates which area in the city resorts under which group: http://www.centlec.co.za/power_shed/PDF/groups.pdf

According to the document, the university resorts under group 4. In the table with time slots it is the grey area.

Stages
Eskom developed three stages for load shedding. (See stage table at the bottom of the page http://www.centlec.co.za/power_shed/PDF/time_slots.pdf)
- Stage 1: Less load shedding is applied in stage 1. E.g. the UFS resorts in group 4 and on a Monday, according to stage 1, the power will not be switched off during 12:00 and 14:30 (this time slot is not highlighted in orange).
- Stage 2: More load shedding is applied in stage 2. Load shedding will be applied during stage 2 between 12:00 and 14:30 on a Monday at the UFS.
- Stage 3: All time slots are highlighted in orange, which indicates that power will be switched off for the whole duration of stage 3.

Example
Today, Tuesday, load shedding was scheduled to take place from 10:00 to 12:00 at the UFS. Currently, according to Centlec’s web site, stage 1 is active. This time slot is not marked in stage 1, therefore load shedding is not applied. Centlec gives also additional information; “No load shedding in progress.”

Keep in mind that if an area is at risk it does not automatically imply that the power will be switched off. It all depends on the request from Eskom at that particular moment whether the actual shedding is required.
 

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