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UFS again receives Level-4 BBBEE rating

06 August 2020 | Story Leonie Bolleurs | Photo Pixabay

BBEE_read more — Antonie Beukes says although the university is involved in a number of projects that add to its BBBEE rating, considerable attention is given to initiatives to better the lives of some of its suppliers.

For the past two years, the University of the Free State (UFS) has had one of the best Broad-Based Black Economic Empowerment (BBBEE) ratings among universities in South Africa. The university recently received confirmation that its Level-4 rating has been approved for another year.

According to Antonie Beukes, Assistant Director in the UFS Department of Finance, this rating enables the university to compete with the advantage of a 100% procurement level regarding tenders. “It will also help with our third-stream income, and more importantly, this level assures everyone that we are on the right track regarding BBBEE,” says Beukes.

Opportunity to better the lives of others

The university had to work hard to maintain their Level-4 BBBEE status. Beukes says one of the initiatives they focused on was the development of suppliers and enterprises that are not associated with the UFS.

“Many people think of BBBEE initiatives as a project where money is paid, and that is where the buck stops. Although this may get you some points, it is important for the university to better the lives of others.”

“We mostly focus on Exempted Micro Enterprises (EMEs) and Qualifying Small Enterprises (QSEs), because they are the small, start-up companies that need help to be sustainable. Even though assistance can take various forms, such as spending time with suppliers and offering services at a lower cost or free of charge, the university gives considerable attention to providing training to these service providers,” says Beukes.

Always strive for a better rating

The UFS Department of Finance strives to achieve a better rating each year. “The aim for next year will obviously be to be rated as a Level 3 but maintaining the Level 4 will be a big achievement.”

Beukes, however, points out that one needs to be realistic and must keep track of what is going on in the economy, as well as the challenges brought about by the COVID-19 pandemic.

He continues: “Strict new rules regarding BBBEE scoring also came into play last year and we see that most businesses are rating lower scores (higher levels), which directly impact the UFS.”

News Archive

UFS appoints a Vice-Rector: Operations

2011-03-20

Prof. Nicholas Morgan

The Council of the University of the Free State (UFS) has approved the appointment of Prof. Nicholas Morgan as Vice-Rector: Operations, at its meeting on Friday, 11 March 2011. He has been appointed in the position of Prof. Niel Viljoen, who is retiring on 31 March 2011.

Prof. Morgan formerly served as the Deputy Vice-Chancellor of the Central University of Technology, Deputy Vice-Chancellor of the University of Johannesburg, Interim Vice-Chancellor at Walter Sisulu University and Vice-Chancellor at the University of Transkei.

Prof. Morgan is a former Fulbright Fellow and holds a Master of Science degree from Cornell University in New York, an M.B.A. from Stellenbosch University and a B.Com in accounting and business economics from the University of the Western Cape.

He has held positions at various universities and served as a member of various international professional associations, including the American Industrial Relations Research Association, the Industrial Relations Research Association of South Africa, the South African Institute for Management Sciences and the American Council for Adult and Experiential Learning.

He has been published in numerous publications, and served on the editorial boards of the SA Journal of Business Management between 1993 and 1995 and the Journal of Human Resources Management between 1999 and 2009.

In addition, Prof. Morgan has also developed and presented numerous training programmes and workshops for NGOs, parastatals and unions in the private and public sector.

He has lectured courses in Industrial Relations, Strategic Management, Quantitative Management techniques and Marketing from first-year to postgraduate level at the University of the Western Cape, University of Cape Town and Cornell University.

Prof. Morgan will take up the position on 1 April 2011.

Media Release
18 March 2011
Issued by: Lacea Loader
Director: Strategic Communication
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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