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Faculty of Economic and Management Sciences receives funding from European Union

06 April 2021 | Story Dr Nitha Ramnath | Photo Supplied

Dr Johan Coetzee_web read more — Dr Johan Coetzee, Senior Lecturer and researcher in the Department of Economics and Finance and the UFS Business School

Dr Johan Coetzee from the Faculty of Economic and Management Sciences at the University of the Free State (UFS) is championing a collaboration with the Salzburg University of Applied Sciences (SUAS) in Austria, resulting in the receipt of a considerable grant from the European Union.

In 2020, the decision was made to apply for Erasmus+ funding from the European Commission; after a successful grant, a formal inter-institutional agreement was signed in March 2021. The agreement is the culmination of a relationship between the Department of Economics and Finance at the UFS and the Department of Controlling and Finance at SUAS since 2008. More specifically, the relationship is built on the collaboration between the UFS’s Dr Coetzee and Prof Christine Mitter from the SUAS, who was recently appointed as a Research Fellow in Finance in the department.

“I am extremely proud of the formalisation of the relationship between the two universities. In late 2019, a delegation led by the Dean of Economic and Management Sciences, Prof Hendri Kroukamp, together with Prof Philippe Burger and myself visited Salzburg to formalise and iron out the expectations regarding future collaboration,” says Dr Coetzee.

“The Erasmus+ grant pays testament to not only on-boarding expertise from a foreign university with a strong niche in being practically relevant to the Austrian society, but also to affirming the relationship with like-minded scholars to provide students with a culturally rewarding university experience. This agreement brings together two departments with a history of working well together, and now it is a formal manifestation of years of mutually beneficial teaching and research efforts,” says Dr Coetzee.

“On the back of this agreement,” concludes Dr Coetzee, “our departments are also currently finalising a proposal to offer a consecutive degree exchange programme where prospective postgraduate students will obtain two master’s degrees in the broader field of finance and spend time on both campuses. We look forward to this becoming a reality in the not-too-distant future.”

In addition to their teaching and research collaboration, several additional academics from the Department of Economics and Finance are also involved in the teaching collaboration. Research projects have also been concluded in the past, with future projects in the pipeline.

News Archive

Meet our Council: MEC Tate Makgoe – A proud vision for all

2016-06-07

Description: Tate Makgoe Tags: Tate Makgoe

MEC Tate Makgoe
Photo: Stephen Collett

The MEC of Education in the Free State, Mr Pule Herbert Isak Makgoe, is serving his third term on the UFS Council.

MEC Tate Makgoe, as he is known, holds a Chemical Engineering degree from the Technikon Vaal Triangle, a Bachelor of Commerce degree from Unisa, an Honours in Commerce degree from the UFS, and a Master’s degree in Business Leadership from Unisa.

Early years
From an early age, he was acutely aware of the delicate and volatile political landscape in the country caused by draconian apartheid policies. He has been active in the political realm since 1984, when he left the country to join the ANC’s military wing, Umkhonto we Sizwe, in exile.

“I have devoted my life to the disadvantaged and marginalised in order to realise fully the objectives of true political transformation, and the total eradication of grinding poverty,” he says. His political activism landed him in Sun City prison from 1986 to 1991.

After the unbanning of the ANC, MEC Makgoe became a Northern Free State regional executive member and, in 1994, he was appointed as the ANC’s election campaign manager in the Free State. He has also served as provincial treasurer, and as a member of the executive committee of the ANC in the province.

MEC Makgoe’s current position
After serving as MEC in five portfolios in the Free State Province at different times - Finance, Tourism and Environmental Affairs, Agriculture, Public Safety and Security, and Finance – MEC Makgoe was appointed as MEC for Education in 2009, a position he has held ever since.

In 2014, he received the prestigious Ubuntu Award for Education by the Turquoise Harmony Institute for his outstanding leadership role in steering the department to produce the highest matric pass rate in the country of 87,4%. Previous recipients of the Ubuntu Award include late former president, Nelson Mandela, and anti-apartheid struggle icon, Ahmed Kathrada.

Recipient of Kovsie Alumni Cum Laude Award
MEC Makgoe is also a former recipient of the Kovsie Alumni Cum Laude Award. The Cum Laude Award is bestowed occasionally on an alumnus for outstanding service or achievement on regional, national, or international level in his/her field of work. He is married to Ivy, and the couple have three children: Palesa, Maki, and Junior.

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