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With the University of the Free State (UFS) academic programme suspended and following guidelines by the UFS Coronavirus (COVID-19/SARS-CoV-2) Task Team to minimise the gathering of people in one place, all UFS libraries will be closed from Friday 20 March to Monday 13 April 2020.
During this time, staff and students will not have any access to the following campus and branch libraries of the UFS Library and Information Services:
• Sasol Library (Bloemfontein Campus)
• Neville Alexander Library (South Campus)
• TK Mopeli Library (Qwaqwa Campus)
• Frik Scott Medical Library (Bloemfontein Campus)
• Music Library (Bloemfontein Campus)
The university community is advised as follows:
• Use Wednesday (18 March) and Thursday (19 March) to borrow books you might need during the long recess. During these two days, students are advised to take precautionary measures and avoid sitting in groups that might compromise their health.
• During this time, all due dates for borrowed material will be automatically extended, no late fines will be charged, and patrons can return material when libraries reopen.
• Please make use of the ‘Ask-a-Librarian’ service for any assistance you might require (go to the UFS Library and Information Services website – click Library Services – click Ask-a-Librarian); OR use the UFS Library social media.
• The UFS Library and Information Services will also be available on a new ‘LiveChat’ service accessible here (listed under Resources – LibGuides). With this service, you can connect ‘live’ with your information librarian.
• All planned activities for the South African Library Week are postponed until further notice.
UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23
Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.
For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.
Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.
Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.
“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.
Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.
BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.
BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.