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06 April 2020 | Story Nitha Ramnath | Photo Sonia Small
Students on Campus
UFS accounting students are flying the Kovsie flag high.

The School of Accountancy is proud to announce that 55 (74%) of the 2019 graduates for the BAcc Honours and Postgraduate Diploma in Chartered Accountancy programmes have passed the Initial Test of Competence (ITC) examination for the Chartered Accountant (SA) designation, compared to the national average of 68% for first-time candidates.

The results were recently released by the South African Institute of Chartered Accountants (SAICA). The ITC examination is the first of two professional examinations required for qualification as a chartered accountant (SA), and is written shortly after completing formal university studies, with two sittings of this examination annually, i.e. in January and June.

Of the 2019 Thuthuka Bursary Programme, seven out of eight graduates passed, translating into an 88% pass rate for this group.

Prof Frans Prinsloo, Director of the School of Accountancy, said: “I am pleased to report that these results confirm the quality and excellence of our CA programmes – a point repeatedly noted by the SAICA monitoring team during their formal feedback session last week.  These results are also testament to the hard work and dedication of the academic staff in the school.”

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Department of Agricultural Economics provides help with workshop
2010-03-08

From the left are: Mr Dannhauser, Prof. Willemse and Mr Strydom at the first agricultural prospects workshop of 2010.
Photo: Lize du Plessis


The Department of Agricultural Economics at the University of the Free State (UFS) recently presented an agricultural prospects workshop for mainly agri-businesses and producers on the Main Campus in Bloemfontein.

The workshop, which has been presented quarterly since 2005, focused on providing farmers the opportunity to share their strategies with one another. They also received advice from agri-businesses such as co-operations, input producers, merchants and banks. Mr Dries Dannhauser, owner of Sharex, who speculates with commodities and shares, advised farmers struggling with mealie sales. He explained how to lower risks with South African Futures Exchange (SAFEX).

Prof. Johan Willemse, Departmental Chairperson of the Department of Agricultural Economics at the UFS and Mr Dirk Strydom also presented lectures about, among others, market trends. The workshop will be presented again on 4 May, 18 August and 27 October this year in the CR Swart Auditorium on the Main Campus.

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