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Prof Serges Kamga appointed as Dean: Faculty of Law at the UFS

14 December 2022 | Story Lacea Loader | Photo Supplied

The Council of the University of the Free State (UFS) approved the appointment of Prof Serges Kamga as Dean of the Faculty of Law for a five-year term during its quarterly meeting on 25 November 2022.

Prof Kamga is a full Professor of Law currently working at the Thabo Mbeki African School of Public and International Affairs (TMS) at the University of South Africa (UNISA).

“Prof Kamga’s excellent research reputation nationally and internationally, his extensive networks and partnerships will contribute to further raising the profile of the Faculty of Law nationally, on the continent and globally. As an established NRF-rated researcher, he will also be able to enhance the research output of the faculty,” says Prof Francis Petersen, UFS Rector and Vice-Chancellor.

“Prof Kamga will lead and manage the Faculty of Law in support of the UFS’ Vision 130 and the ultimate intent for the coming years to be a research-led, student-centred, and regionally engaged university that contributes to development and social justice through the production of globally competitive graduates and knowledge, and that impactfully supports societal development,” says Prof Petersen.

Prof Kamga is co-director of the Cross-Cultural Human Rights Centre at the Free University of Amsterdam in the Netherlands. At times, he has acted as head of the Thabo Mbeki African Leadership Institute currently Thabo Mbeki School at UNISA and has had engagements at the United States Agency for International Development (USAID), the Young African Leaders Initiative, and as managing consultant at African Legal Sources at the University of Pretoria. In 2021, he received the prestigious Ali Mazrui Award for Scholarship and Research Excellence from the University of Texas at Austin in the USA.

He holds an LLD degree in Human Rights Law from the Centre for Human Rights, University of Pretoria. Prof Kamga has also worked as a researcher at the South African Institute for Advanced Constitutional, Public, Human Rights and International Law (SAIFAC). As a researcher, he has published in accredited journals and presented papers at various national and international conferences.

“Prof Kamga’s experience in these positions, as well as his extensive knowledge and understanding of the South African and global law fraternity, places him in good standing to lead the faculty to become a formidable and impactful force nationally, on the continent, and abroad. He will also lead the faculty to exploit opportunities and deal with the challenges that the rapidly changing higher-education environment has to deal with,” says Prof Petersen.

Prof Kamga will assume duty on 1 February 2023.

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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