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07 February 2020 | Story Xolisa Mnukwa | Photo Sonia Small
T-systems funding
Opening the doors of opportunity – TSSA allocated R2,4 million in bursary funding for 200 UFS students.


It is no secret that higher education institutions all over South Africa are plagued with the burden of current and historical student debt, leaving many hopeful students with the risk of financial exclusion. T-Systems South Africa (TSSA) has contributed a substantial amount of R2,4 million to fund a total of 200 students at the University of the Free State (UFS) in order to address ‘skills shortages’ in South Africa.

TSSA, a local unit of T-Systems International – a subsidiary of Deutsche Telekom – is invested in capitalising on South African expertise where innovation and intellectual property of a global (Information and Communications Technology) ICT provider is involved. The company strives to transform their clients and South Africa as a whole by providing innovative ICT solutions that work, in South Africa and for South Africa.

The company aims to endorse inclusive transformation in South Africa through the promotion and implementation of skills and enterprise development, as well as job creation. This forms part of the company’s National Development Plan for 2030 that envisions the elimination of poverty and reduced inequality.

Kovsie Alumni Trust Investment

Through its corporate social-responsibility wing called the Nation Building Initiative, T-Systems identified the University of the Free State after being contacted by the Kovsie Alumni Trust (KAT). 

KAT identified this opportunity as a call for the university to aid the advancement of students through initiatives such as the Integrated Transformation Plan (ITP), which was first launched in 2017. The ITP aims to utilise the university’s core functions (routed in teaching and learning, research, and engaged scholarship) to train and mould students into globally competitive graduates, which essentially also build towards skills and enterprise development, together with job creation. 

“The contribution of funding from T-Systems enabled us to empower our honours students by paying their outstanding university debt for 2019.  This has had a significant impact on the lives of many of our honours students who will be able to enrol for master’s programmes or seek employment without the burden of university debt,” says Professor Corli Witthuhn, UFS Vice-Rector: Research, Innovation and Internationalisation. 

“The University of the Free State is looking forward to partnering with T-Systems in 2020 in order to ensure continued opportunities for our students to further their education.”


Addressing a skills shortage in South Africa

Kovsie students completing honours studies in fields such as technology, human resources, and marketing as well as qualifications routed in accounting and finance, were given preference for the bursary. Other senior students required a pass mark of 60% or more to qualify for the bursary. TSSA paid off the university debt of students selected in 2019, and they had the opportunity to reapply in 2020. The UFS Alumni office facilitated the process. 

In 2020, students from all study years will be considered for the bursary, including matriculants who are entering university for the first time.  

Dineo Molefe , Managing Director at TSSA, says: “T-Systems has always invested in education by running a number of developmental initiatives, among others its ICT Academy – which provides free learnerships, internship programmes, including a learnership for disabled people as well as the flagship Hazyview Digital Learning Centre, which has become a unique rural nearshoring success story.

“All of this is earmarked to address the serious shortage of ICT skills – and by developing those skills, we not only address an industry problem but also contribute to employment opportunities in South Africa.”

News Archive

UFS students excel at FPI awards
2009-06-04

 
Top students Annemarie Trinder-Smith and Renier de Bruyn
Photo: Supplied


Two top achievers from the Centre for Financial Planning Law at the University of the Free State (UFS) were crowned nationally as top students by the Financial Planning Institute of Southern Africa (FPI) at a gala ceremony at Emperor’s Palace, Johannesburg, on Tuesday night.

Annemarie Trinder-Smith, a financial planner at Christo Saayman Financial Planners, was the best student in the Postgraduate Diploma in Financial Planning, while Renier de Bruyn, financial advisor at PSG Consult (George) was the best student in the Advanced Postgraduate Diploma in Financial Planning.

They were among 461 students of the Centre for Financial Planning Law at the University of the Free State (UFS) who earlier received their postgraduate diplomas at a ceremony that formed part of the annual FPI convention.

The Centre for Financial Planning Law, which was established in 2001, was the first and for five years the only academic centre in South Africa to present a Postgraduate Diploma in Financial Planning. Today the UFS is still the only institution to present this course through distance learning. The UFS is currently the only institution that offers the Advanced Postgraduate Diploma in Financial Planning.

At the diploma ceremony hosted earlier by the UFS, the following students were named as top achievers in various modules of the Postgraduate Diploma in Financial Planning:
• Mylie Archibald (Financial Planning Environment, Corporate Financial Planning)
• Shaun Matthews (Personal Financial Planning)
• Nicolette van der Linde (Financial Planning Case Study). She also received an FPI prize as top student.

In the Advanced Postgraduate Diploma in Financial Planning, the following students were named as top achievers in various modules by the UFS. They also received FPI prizes in these modules:
• Megan Joan Anika (Fund Governance and Maintenance)
• Sarah Lynn James (Fund Design and Financing)
• Melanie Louw (Personal Risk Management)
• Renier de Bruyn (Estate Planning, Asset Types and Investment Planning)
• Jan Willem Wessels (Principles of Portfolio Planning and Management)

According to Adv Wessel Oosthuizen, Director of the Centre for Financial Planning at the UFS, large companies, banks, insurers and investment managers enroll their staff for these qualifications.

“The two diplomas form the basis for financial planners, brokers, lawyers and bankers to be recognized as certified financial planners - the CFP® status - as well as obtaining membership of the FPI.”

“A qualified financial planner, especially a CFP®, is one of the most sought-after titles in the financial planning sector worldwide. With about 3 700 CFP’s, South Africa has the fifth highest number of certified financial planners in the world,” Adv Oosthuizen said.

Adv. Oosthuizen is well-known nationally and internationally for his contribution to the advancement of financial planning law and financial planning education.

He was recently invited by the Financial Planning Standards Board to serve on an international committee that will evaluate the quality of education in financial planning. He was also the chairperson of a working group that developed guidelines for a standardised international curriculum for financial planners.

Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@ufs.ac.za
04 June 2009
 

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