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Agreement between UFS rectorate and Institutional Student Representative Council (ISRC) on 16 March 2021

16 March 2021 | Story Lacea Loader

UPDATE: 16 March 2021 at 20:37

During a meeting between members of the Rectorate and representatives of the Institutional Student Representative Council (ISRC) on 15 and 16 March 2021, the following was agreed upon:

1. SUSPENSION OF THE ACADEMIC PROGRAMME

All academic activities have been suspended on all UFS campuses from 17 to 22 March 2021. No online/face-to-face lectures/tests/assignments will take place until 23 March 2021, and the full academic programme will resume on this date.

This decision will allow the university management an opportunity to address outstanding matters regarding the admission of senior undergraduate students.

2. FACE-TO-FACE REGISTRATION

Any senior undergraduate and first-year student who is unable to register successfully online, can do so on the Bloemfontein and Qwaqwa Campuses from 17 to 19 March 2021.

► Registration stations:

Bloemfontein Campus:

- Examination Centre (EXR)

Qwaqwa Campus:

- Faculty of Education: Mandela Hall
- Faculty of the Humanities: E0013 + 14
- Faculty of Economic and Management Sciences: E009 + 10 – EMS
- Faculty of Natural and Agricultural Sciences: Fulufhelo Gazelle

► Operating times on both campuses:

17 March 2021: 13:00-15:00
18 and 19 March 2021: 8:00-15:00

The following must be noted:

Senior undergraduate students must be in possession of a valid student card (previous year) and will be allowed to enter the campuses without an access permit in order to register.

First-year students must be in possession of a firm offer from the UFS in order to register – no campus access permit is needed.

3. NUMBER OF STUDENTS ON CAMPUSES

The university management is aware of the challenges that some students are experiencing with the continuation of their studies off campus in terms of, for instance, access to campus facilities and connectivity.

It is, however, important to take note that the institution is obliged to adhere to national regulations linked to Level 1 of the national lockdown, also taking into account the university’s teaching and learning approach, as well as the capacity to adhere to physical distancing protocols.

The university management will continue with the return of students to the campuses in a responsible way, as the safety, health, and well-being of students and staff remain the key priorities.

With this in mind, the university will reconsider its blended learning arrangements for 2021 to allow more students to return to campus within the parameters of the national lockdown regulations. These arrangements will be communicated to students soon.

4. ACADEMICALLY ELIGIBLE STUDENTS

The university will compile a list of students who have outstanding debt and who are still awaiting funding confirmation from NSFAS. Confirmation will be provided before midnight on 16 March 2021 if these students can register provisionally without payment of the first amount.

5. MEAL ALLOWANCES

The payment of meal allowances for NSFAS students will be implemented by the end of March 2021. It should be noted that NSFAS is only expected to transfer funds in April, but the UFS will lay out the funds for food allowances in the meantime.

6. ACADEMIC EXCLUSION

During the meetings on 15 and 16 March 2021, the ISRC tabled the matter regarding students who are academically excluded for the 2021 academic year. This matter is being addressed by the university management and engagement in this regard will continue.

7. VICTIMISATION OF STUDENTS BY PRIVATE SECURITY

During the meetings on 15 and 16 March 2021, the ISRC tabled the matter regarding students being victimised, harassed, and assaulted by private security.

The ISRC will submit more information, after which the allegations will be investigated.

Released by:
Lacea Loader (Director: Communication and Marketing)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za
Fax: +27 51 444 6393

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher

2014-09-01

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail

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