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Embark on your Gateway to an exciting Kovsie life

23 January 2020 | Story Xolisa Mnukwa

Enrich your first University of the Free State (UFS) experiences with the annual Gateway first-year’s college. Form long-lasting friendships and memories with your fellow freshmen and gear up for a vibrant academic career at the UFS.

Gateway comprises an exciting series of student-life and learning experiences that are intended to introduce and acquaint students with their respective Kovsie campuses and overall UFS campus life.

The 2020 Gateway programme inducts first-year students into academic faculty life in order to help them adjust and settle into the university environment. It also aims to instil effective skills in them to thrive academically, and to develop into well-rounded, globally competitive graduates.

Want to experience Gateway? Here’s how

The Gateway Orientation programme on the UFS Bloemfontein Campus is conducted according to student colleges. First-year students who do not belong to an on-campus or day residence on the Bfn Campus, are assigned to a college in Exam Room 3 during their registration. This enables them to follow and be part of the series of events according to the colleges they are assigned to.

Get to know your UFS campus

UFS Campus Tours no longer form part of the Gateway Programme; however, Gateway mentors assigned to specific colleges are available for students to get in touch with, in order to arrange tours of the Bloemfontein Campus. Day-residence students and students residing on campus are paired with P3 mentors, who have been placed in their respective residences to facilitate campus tours for them.

KovsiesACTUP Performing Arts Competition

The UFS Arts, Culture and Dialogue office has partnered with the Kovsie ACT office for the 2020 Gateway programme, introducing the KovsiesACTUP Performing Arts Competition for all prospective and current students of the UFS. It is geared towards engaging students and enhancing the general social atmosphere on the Bloemfontein Campus during registration.

The competition comprises various categories, including dancing, singing, poetry, DJing, musical bands, and rap. The winner from each category will walk away with R1 500 in cash. The competition finale will be held at the RAG farm on 27 January 2020 at 14:00.

For more information on how to get involved with the Arts, Culture and Dialogue Office, students can visit the Callie Human Centre on the UFS Bloemfontein Campus. The office has set up a performance stage, where fellow Kovsies associated with the office are entertaining prospective students and parents who are waiting to register.

For enquiries about Gateway on each campus, see the details below:

Bloemfontein Campus: +27 51 401 9876 or email gateway@ufs.ac.za
Qwaqwa Campus: Dulcie Malimabe, +27 58 718 5041; malimabeDP@ufs.ac.za
South Campus: Tshego Setilo, +27 51 505 1362; SetiloT@ufs.ac.za

Visit the UFS Gateway page for more information on the 2020 programme and how you can get involved.

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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