Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
05 April 2022 | Story Lacea Loader
Qwaqwa Campus

The preliminary finding of the urgent investigation into the fire on the Qwaqwa Campus of the University of the Free State (UFS) on the evening of Monday 4 April 2022, indicates that the two buildings were intentionally set alight. This was established by the South African Police Service (SAPS) and the university’s Protection Services this morning.

Since the outbreak of the fire, one person – who is a registered student – has been arrested by SAPS, and a process is underway to identify more suspects. The UFS will institute the necessary disciplinary action against suspects who are registered students. Similarly, criminal charges will also be instituted.

The buildings, which housed the clinic and a computer laboratory, were almost completely destroyed, with damage to both buildings estimated at R35 million.

The university management condemns the destructive behaviour of the students and condemns criminal behaviour such as this in the strongest terms. “The Qwaqwa Campus, as well as the entire university community, are shocked by this devastating and irresponsible act – especially after the campus experienced violent protest action this year, which significantly affected the academic programme,” said Prof Francis Petersen, Rector and Vice-Chancellor of the UFS.

The academic programme on the Qwaqwa Campus continues, mostly online for this week, and students will be informed by their faculties about the revised schedule, as well as arrangements regarding tests and assessments scheduled for this week on the campus.

The campus remains open; the university's Protection Services is on high alert and is monitoring the situation on campus closely.

It is alleged that students were unhappy about the payment of allowances they are due to receive from the National Student Financial Aid Scheme (NSFAS) in April 2022. To alleviate this, the UFS has so far this year offered students allowances for food and books amounting to more than R71 million, while they are waiting for their NSFAS subsidies to be released. 


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


News Archive

Valuable advice for businesses in difficult times
2013-04-15

 

Prof Helena van Zyl, Director of the Business School, and Dr Reuel Khoza.
Photo: Stephen Collett
15 April 2013


Dr Reuel Khoza, Chairman of the Nedbank Group, shared the group’s valuable rules for managing a bank in difficult times in an MBA lecture on the Bloemfontein Campus. Dr Khoza is a visiting professor at the UFS Business School.

He focused in the lecture on the group’s business and leadership model and highlighted some do’s and don’ts:

  • Do not surprise your stakeholders on the downside – communicate transparently, particularly when there is bad news.
  • Retrenching staff to contain costs should be a last resort – the damage to corporate culture from retrenchments is immense. Follow and support your customers – get as close to them as possible because business changes slowly, but customer behaviour can change in an instant.
  • Integrated central capital and funding management.
  • Entrench well-established reporting, KPIs and measurement systems.
  • Ensure strong independent risk management.
  • Manage your cost base – anticipate downturns and re-base your costs to avoid crisis-cost management.
  • Take advantage of opportunities – an economic downturn creates a situation where valuations fall and assets are sold off, which can be a great opportunity for acquisitions.
  • Keep innovating – innovation does not have to be a costly exercise, as the right culture can promote and encourage experimentation and collaboration.
  • Whatever you do – avoid a price war, as expedient pricing decisions may hurt the business in the longer term.

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept