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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

Valuable advice for businesses in difficult times

2013-04-15

Prof Helena van Zyl, Director of the Business School, and Dr Reuel Khoza.
Photo: Stephen Collett
15 April 2013

Dr Reuel Khoza, Chairman of the Nedbank Group, shared the group’s valuable rules for managing a bank in difficult times in an MBA lecture on the Bloemfontein Campus. Dr Khoza is a visiting professor at the UFS Business School.

He focused in the lecture on the group’s business and leadership model and highlighted some do’s and don’ts:

Do not surprise your stakeholders on the downside – communicate transparently, particularly when there is bad news.
Retrenching staff to contain costs should be a last resort – the damage to corporate culture from retrenchments is immense. Follow and support your customers – get as close to them as possible because business changes slowly, but customer behaviour can change in an instant.
Integrated central capital and funding management.
Entrench well-established reporting, KPIs and measurement systems.
Ensure strong independent risk management.
Manage your cost base – anticipate downturns and re-base your costs to avoid crisis-cost management.
Take advantage of opportunities – an economic downturn creates a situation where valuations fall and assets are sold off, which can be a great opportunity for acquisitions.
Keep innovating – innovation does not have to be a costly exercise, as the right culture can promote and encourage experimentation and collaboration.
Whatever you do – avoid a price war, as expedient pricing decisions may hurt the business in the longer term.

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