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Faculty of Economic and Management Sciences Dean’s Medal winners

09 October 2020 | Story Dr Nitha Ramnath

EMS graduation — Jan Johannes van Niekerk and Pierré Ludwig Koekemoer

This year, two proud recipients of the Dean’s Medal were honoured during the 2020 UFS Virtual Graduation Ceremony. Jan Johannes van Niekerk received the award for the best results in respect of a Bachelor’s Degree in the Faculty of Economic and Management Sciences (Bachelor of Accounting), and Pierré Ludwig Koekemoer was awarded the medal for the student who achieved the best results in respect of a Bachelor Honours Degree in the Faculty of Economic and Management Sciences (Bachelor of Commerce Honours with specialisation in Marketing).

Jan Johannes van Niekerk

Prior to commencing his studies at the UFS, Van Niekerk attended Fichardt Park High School in Bloemfontein. Van Niekerk describes his time thus far as a student in the School of Accountancy as “nothing less than special”. He adds that “… the support from the lecturers is really great … every lecturer has always tried to help me to the best of their ability!”

His favourite subject is Financial Accounting, and his Financial Accounting lecturers inspired him to follow in their footsteps; accordingly, he became a Financial Accounting tutor in his second and third years of study. “As academic staff, we have come to know Johan as a pleasant and well-mannered, diligent, and hardworking student who pays attention to detail,” says Prof Frans Prinsloo, Director: School of Accountancy.

Johan is completing his BAcc Honours studies this year and will commence his training contract with Enslins Auditors in 2021 to qualify as a chartered accountant (SA).

Pierré Ludwig Koekemoer
“Pierré Koekemoer is one of the most decent young men I’ve met in years. Hardworking, diligent, and one of the most respectful and responsible people I know,” says Prof Brownhilder Neneh, Associate Professor in the Department of Business Management.

Pierre Koekemoer was identified as the Best Honours Student for 2019 in the School of Accountancy, as well as the student with the best Honours script. Koekemoer excelled during his Honours year, and successfully managed his responsibilities as student assistant/marker; he was also part of the City Lodge Marketing project that took place during the second semester.

The General Manager of the Fairview Hotel in Nairobi, Kenia, offered Koekemoer a short internship at the beginning of 2020, as he was impressed with his performance. Koekemoer could not accept the job, as he had obtained permanent employment and did not want to lose the position. “This also speaks of his integrity, as he had already committed to the company,” comments Prof Neneh.

News Archive

Fracking in the Karoo has advantages and disadvantages

2012-05-25

Dr Danie Vermeulen
Photo: Leatitia Pienaar
25 May 2012

Fracking for shale gas in the Karoo was laid bare during a public lecture by Dr Danie Vermeulen, Director of the Institute for Groundwater Studies (IGS). He shared facts, figures and research with his audience. No “yes” or “no” vote was cast. The audience was left to decide for itself.

The exploitation of shale gas in the pristine Karoo has probably been one of the most debated issues in South Africa since 2011.

Dr Vermeulen’s lecture, “The shale gas story in the Karoo: both sides of the coin”, was the first in a series presented by the Faculty of Natural and Agricultural Science under the theme “Sustainability”. Dr Vermeulen is a trained geo-hydrologist and geologist. He has been involved in fracking in South Africa since the debate started. He went on a study tour to the USA in 2011 to learn more about fracking and he visited the USA to further his investigation in May 2012.

Some of the information he shared, includes:

- It is estimated that South Africa has the fifth-largest shale-gas reserves in the world, following on China, the USA, Argentina and Mexico.
- Flow-back water is stored in sealed tanks and not in flow-back dams.
- Fracturing will not contaminate the water in an area, as the drilling of the wells will go far deeper than the groundwater aquifers. Every well has four steel casings – one within the other – with the gaps between them sealed with cement.
- More than a million hydraulic fracturing simulations took place in the USA without compromising fresh groundwater. The surface activities can cause problems because that is where man-made and managerial operations could cause pollution.
- Water use for shale-gas exploration is lower than for other kinds of energy, but the fact that the Karoo is an arid region makes the use of groundwater a sensitive issue. Dr Vermeulen highlighted this aspect as his major concern regarding shale-gas exploration.
- The cost to develop is a quarter of the cost for an oil well in the Gulf of Mexico.
- Dolerite intrusions in the Karoo are an unresearched concern. Dolerite is unique to the South African situation. Dolerite intrusion temperatures exceed 900 °C.

He also addressed the shale-gas footprint, well decommissioning and site reclamation, radio activity in the shale and the low possibility of seismic events.

Dr Vermeulen said South Africa is a net importer of energy. About 90% of its power supply is coal-based. For continued economic growth, South Africa needs a stable energy supply. It is also forecast that energy demand in South Africa is growing faster than the average global demand.

Unknowns to be addressed in research and exploration are the gas reserves and gas needs of South Africa. Do we have enough water? What will be the visual and social impact? Who must do the exploration?

“Only exploration will give us these answers,” Dr Vermeulen said.

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