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03 September 2021 | Story Dr Nitha Ramnath
Prof Bonang Mohale.


The executive management of the University of the Free State (UFS) and the university community extend heartfelt congratulations to Prof Bonang Mohale on his appointment as President of Business Unity South Africa (BUSA). 

“Prof Mohale’s extensive expertise and experience in leadership roles, contributions to the growth of many multinational companies, and involvement in education and the business sector, will undoubtedly strengthen the ties between various sectors and civil society, and further contribute to the stabilisation and growth of South Africa,” said Prof Francis Petersen, UFS Rector and Vice-Chancellor, in his congratulatory letter to Prof Mohale. 

BUSA’s role in influencing policy and legislative development for inclusive growth and employment, and in building an enabling environment for the creation of a vibrant, diverse, and globally competitive economy that harnesses the economic and human potential in South Africa, is well documented. This potential resides in our higher education institutions in the form of our students, future graduates, and graduates who are the building blocks for the development of South Africa. 

At a time when our country is facing a social and economic crisis, we are confident that BUSA will consider the perspectives across sectors with a view to creating partnerships, collaboration, and co-creation and further play an integral role in our higher education institutions for the benefit of our students. 

“Prof Mohale’s support to the UFS is appreciated, especially his role as Chancellor and his contribution towards our Thought-Leader and Global Citizen programmes, through which important national and global issues are addressed.
 
We wish Prof Mohale every success in his endeavours, particularly as President of BUSA,” said Prof Petersen.

News Archive

Kovsies do well in SAICA QE1 exam
2010-06-10

Students from the University of the Free State (UFS) performed well in Part I of the Qualifying Examination (QE I) of the South African Institute of Chartered Accountants (SAICA).

Of the 43 Kovsie students who wrote this examination for the first time, 34 (79%) passed. The average passing rate for residential universities is 73%.
 
This exam sets the standard for Chartered Accountants (CA) and is written after the completion of the B Acc (Hons). The QE1 aims to assess the core technical competencies of prospective CAs.
  
The examination consisted of four sections, namely Auditing, Financial Accounting, Management Accounting and Taxation. The Kovsie students had the best results in the country in the Taxation section. This is an enormous accomplishment, as the average percentage of the 14 accredited universities writing the examinations for Taxation was 51.6%. The Kovsie students passed with an average of 65.38%.
  
Prof. Hentie van Wyk, Programme Director at the Centre for Accounting at the UFS, says he is satisfied with the results and the standard of the Kovsie students who wrote the exam. Five students who passed the QE1 exam are currently academic clerks at the Centre for Accounting. The five clerks will start their second year of practical traineeship at different companies/firms in 2011.
 
In order to qualify as a CA and become a full member of SAICA, the students will also have to complete a specialist diploma, pass the final examination and complete the remaining period of their practical training. Once all three these requirements have been completed, the students will qualify as CAs in South Africa.

Media release
Issued by: Lacea Loader
Director: Strategic Communication (acting)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za  
9 June 2010

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