Latest News Archive
Please select Category, Year, and then Month to display items
02 August 2021
|
Story Dr Nitha Ramnath
|
Photo Supplied
In this special Women’s Month edition of the Voices from the Free State podcast series, we elevate and celebrate our female voices.
Likeleli Monyamane takes us through her journey as a student at the UFS. Founder of Inspire Innovation Business Consultants, Likeleli is a chartered accountant
based in Lesotho, with a deep passion for skills development and mentorship.
A passion for evidence-based medicine and the notion of value in healthcare is what drives
Dr Anchen Laubscher. Anchen is driven to ensure that healthcare is scientifically
proven, of high quality, cost-effective, and tailored to a patient’s needs.
Karla’s story is one of determination, and her success is the result of two decades of hard work. Although netball is not a professional sport in South Africa and athletes don’t get paid for it – quitting was never an option for
Karla Pretorius.
Enjoy these inspiring stories
here as we celebrate our female voices from the Voices from the Free State podcast series.
For further information regarding the podcast series, or to propose other alumni guests, please email us at
alumnipodcast@ufs.ac.za
For all Voices from the Free State podcasts,
click here.
Cornell academic focuses on international trade in inaugural lecture at the UFS
2013-11-12
 |
Prof Muna Ndulo
Photo: Stephen Collett
12 November 2013 |
Prof Muna Ndulo, Professor at the Cornell Law School, delivered his inaugural lecture as Extraordinary Professor in the Department of Mercantile Law at the University of the Free State (UFS). The topic of his lecture was: Facilitating regional and world trade through international trade.
With this topic, Prof Ndulo said that trade is a recognised contributor to the Growth Domestic Product of countries and its role can be used to reduce global poverty and inequality. “Although Africa’s GDP is 5-6% on average, with a positive increase in direct foreign investments, its meaningful participation in world trade has been decimal,” he said.
Trade between African countries is 12%, which is the lowest in the world. This is in comparison to intercontinental trade in European states (72%), North America (48%), Asia (52%) and 26% in Latin America. The EU and USA are Africa’s key export markets. High transport costs, import substitution, intra-regional transactions, conflict of rules and bills of exchange remain as challenges. There are also no common standards with regards to the development of manpower as an important factor in production.
Prof Ndulo suggested solutions which Africa can use to achieve harmonisation. This includes the introduction of normative rules designed in a framework of a treaty. A modern law approach could be used to develop legislation and ensure uniformity; and lastly, the formulation of commercial customs and practice. “Harmonisation demands a high level of expertise and quality research,” said Prof Ndulo.
He added: “When legislation is developed, it must resemble the needs of our trade laws in order to maximise benefits.”
He concluded that, for harmonisation to be achieved, the political environment must play a major role in regional and world trade.
Prof Elizabeth Snyman-Van Deventer, Head of the Department of Mercantile Law, made sincere closing remarks on how much we as a continent have become an enemy of our own self by not having trade relationships among ourselves as Africans. Prof Snyman urged those in the legal fraternity to be part of the harmonisation of trade laws and eliminate the barriers by improving legislation.