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Africa Month to unpack pressing topics following elections

06 May 2019 | Story Valentino Ndaba | Photo Barend Nagel

Africa Day marks the commemoration of the establishment of the Organisation of Africa Unity (OAU), now called the African Union (AU). Every year on 25 May the continent celebrates its diverse peoples and cultures. At the University of the Free State (UFS), Africa Month is pinned on the calendar as a time for critical conversation. This year, it coincides with the general elections on 8 May 2019, when South Africans will exercise their democratic right to vote.

Opportunity versus opportunism

A series of events such as the Annual Africa Day Memorial Lecture, hosted by the Centre for Gender and Africa Studies will mark the memorable month. Prof Francis Nyamnjoh is expected delve deeper into the topic of Ubuntu-ism and Africa: Reconciling opportunity and opportunism.

Giving back to locals

The Student Representative Council is to champion a community outreach programme known as Meal In A Jar. This initiative will see learners at Joe Solomon Primary School in Heidedal receiving a hearty meal and stationery as a gesture of ubuntu and engaged scholarship.

Dialogue beyond borders

The Office for International Affairs is to host the second Annual Africa Day Reflection and Celebration event at which topical issues of continental importance will be dealt with.

Migration, segregation, and liberation

The Debate Society together with the History Student Society will unpack Africa’s role in South Africa’s liberation, the formation of Southern Africa’s borders, and free internal migration policy.

Debate on African Boarders
Tuesday 21 May 2019
15:00-17:30
Albert Wessels Auditorium, Bloemfontein Campus

Annual Africa Day Memorial Lecture
Wednesday 22 May 2019
17:30
Equitas Auditorium, Bloemfontein Campus

Meal In A Jar
Thursday 23 May 2019
14:00
Joe Solomon Primary School, Heidedal

2019 Africa Day Reflection and Celebration (Livestream)
Friday 24 May 2019
11:00-14:00
Reitz Hall, Centenary Complex, Bloemfontein Campus

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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