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07 November 2019 | Story Thabo Kessah | Photo Johan Roux
Qwaqwa Campus top academic achiever, Selloane Mile, with Campus Principal, Dr Martin Mandew.
Qwaqwa Campus top academic achiever, Selloane Mile, with Campus Principal, Dr Martin Mandew.

Bosso ke mang? So goes a popular township saying derived from the late Hip Hop Pantsula’s (HHP) hit track, Bosso. Literally, it means ‘who is the boss?’

Selloane Mile, the 2018/2019 SRC Secretary General for the Qwaqwa Campus, was a tutor in the Faculties of Education and the Humanities from 2017 to 2019, and is also an aspiring poet and author. She is now the Qwaqwa Campus Dux Student for 2019, with an average of 84, 3%.

“I am very honoured and humbled to have been bestowed the award as the best academic student on the Qwaqwa Campus at the recent Student Excellence Awards ceremony. The experience certainly feels unreal and I am yet to come to terms with the magnitude of this accolade,” said Selloane, a final-year Bachelor of Education (Senior Phase and FET) student. 

The secret is, there is no secret

When asked what her secret was, she said: “I do not think there is any secret or technique that I can attribute my academic achievements to. However, I think setting a standard for yourself and being consistent in whatever we do to realise those standards we have set for ourselves, is the key to success. Also important is flexibility. One has to give yourself the chance to explore and tap into different horizons.” 

Cognitive growth

“You cannot grow cognitively if you do not challenge yourself. For instance, reading a book outside the scope of your discipline can prove beneficial, because you get to be more knowledgeable. The advice I would give is that you must constantly remind yourself why you are here and let that be the driving force, even when things are gloomy, to let that motivate you. If you want to achieve certain things, you have to compromise and deprive yourself of other things; so, priorities should be the order of the day,” said the future Biology and English educator.

Looking back

Selloane is a proud product of Qwabi, Molibeli, and Reabetswe primary schools in Qwaqwa.

“I was born and bred here at Mandela Park in Qwaqwa. I did my Grades 10-12 at Moteka Secondary School, and that is why I would like to go back and teach at a public school – to bring about change in my community.”

Other awards Selloane received, were the Faculty of Education Overall Best Performer, and the Top Academic Achiever in the 2018/2019 SRC. Clearly, bosso ke Selloane!

Some of the recipients on the day were:
Dineo Tsotetsi (81,5%) – Faculty of Economic and Management Sciences Overall Best Achiever
Katleho Motloung (78, 3%) – Faculty of Natural and Agricultural Sciences Overall Best Achiever
Tina Magaqa (74%) – Faculty of the Humanities Overall Best Achiever
Pakiso Mthembu – Sportsman of the Year
Sandakahle Msamariya Khumalo – Sportswoman of the Year
Thabo Mdletshe – UFS101 Teaching Assistant of the Year
Charlotte Maxeke Residence – The Cleanest Residence on Campus
Siphamandla Shabangu – Selfless Volunteer and Gateway Mentor
UFS Qwaqwa Campus Chorale – Outstanding Performing Arts and Cultural Society 

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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