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09 September 2020 | Story Lacea Loader

 


The South African Economy: 'Post-COVID-19, Post-Crisis'


As a public higher-education institution in South Africa with a responsibility to contribute to public discourse, the University of the Free State (UFS) will be presenting the 3rd UFS Thought-Leader Series as part of the Vrystaat Literature Festival’s online initiative, VrySpraak-digitaal and in collaboration with Vrye Weekblad


This year, higher-education institutions globally are situated within a challenging context of COVID-19. Aware of, and grounded in the reality that the world will not return to the normality of pre-COVID-19, our responsibility as scholars still remains to contribute to public discourse and offer innovative solutions that will impact the lives of people nationally and globally to help them understand and adapt to a new world order. 

Against this background and context, this year’s debates focus on Post-COVID-19, Post-Crisis with Health and Modelling, the Economy, Politics and Predictions for 2021 as the sub-themes. Placed within a COVID-19 context, and in lieu of the Free State Arts Festival, the series will be presented virtually, in the form of one webinar per month, from August 2020 to November 2020. 

Second webinar presented on 23 September 2020

The South African economy was already in the doldrums before the COVID-19 crisis. Recent data from the NIDS-CRAM study suggests that as many as 3 million people might have lost their jobs as a result of the lockdown. In addition, the government's debt burden has deteriorated. What are the prospects for the South African economy post-COVID-19, post-Crisis?

 
Date: 23 September 2020
Topic: The South African Economy: Post-COVID-19, Post-Crisis
Time: 11:00-12:30

RSVP: Alicia Pienaar, pienaaran1@ufs.ac.za by 18 September 2020 

Facilitator:

Editor: Vrye Weekblad 
Biography

Introduction and welcome:

Rector and Vice-Chancellor, UFS

Panellists:

Chairperson: Old Mutual Limited
Biography

Ms Ann Bernstein
Executive Director, Centre for Development and Enterprise (CDE)

Editor-in-Chief of City Press
Biography

 


News Archive

Leader of Bafokeng nation delivers a guest lecture at UFS
2011-05-05

 
Kgosi Leruo Molotlegi, leader of the Royal Bafokeng, Proff. Teuns Verschoor, Vice-Rector: Institutional Affairs, Jonathan Jansen, Vice-Chancellor and Rector of our university, and Hendri Kroukamp, Dean of our Faculty Economic and Management Sciences (acting).
Photo: Stephen Collett

Kgosi Leruo Molotlegi, leader of the Royal Bafokeng nation, asked the pertinent questions: Who decides our fate as South Africans? Who owns our future? in the JN Boshoff Memorial Lecture at our university.

He said: “It’s striking that today, with all the additional freedoms and protections available to us, we have lost much of the pioneering spirit of our ancestors. In this era of democracy and capitalist growth (systems based on choice, accountability, and competition), we nevertheless invest government with extraordinary responsibility for our welfare, livelihoods, and even our happiness. We seem to feel that government should not only reconcile and regulate us, but also house us, school us, heal us, employ us, even feed us.

“And what government can’t do, the private sector will. Create more jobs, invest in social development and the environment, bring technical innovations to our society, make us part of the global village. But in forfeiting so much authority over our lives and our society to the public and private sectors, I believe we have given away something essential to our progress as people and a nation: the fundamental responsibility we bear for shaping our future according to aims, objectives, and standards determined by us.”

He shared the turnaround of the education system in the 45 schools in the 23 communities of the Bafokeng nation and the effect of greater community, NGOs, the church and other concerned parties’ engagement in the curricula and activities with the audience. School attendance improved from 80% to 90% in two years and the top learners in the matric maths in Northwest were from the Bafokeng nation. 

Kgosi Leruo Molotlegi stressed the need for people to help to make South Africa a better place: “As a country, we speak often of the need for leadership, the loss of principles, a decline in values. But too few of us are willing to accept the risk, the expense, the liability, and sometimes even the blame, that accompanies attempting to make things better. We are trying to address pressing issues we face as a community, in partnership with government, and with the tools and resources available to us as a traditionally governed community. It goes without saying that we can and should play a role in deciding our fate as members of this great country, and in the Royal Bafokeng Nation, as small as it is, we are determined to own our own future.”

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