Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
12 December 2022 | Story Kekeletso Takang | Photo Supplied
Through the New Venture Creation Programme, the UFS Business School aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan.

The University of the Free State Business School (UFSBS) recently hosted a New Venture Creation programme aimed at mitigating unemployment among the youth. Through this programme, the UFSBS aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan. 

The unemployment rate in South Africa was 33,9% in the second quarter of 2022, with youth remaining particularly vulnerable in the labour market. The New Venture Creation programme, funded by the Education, Training and Development Practices Sector Education and Training Authority (ETDPSETA), provides the opportunity for 100 unemployed youth in the Northern Cape and 100 unemployed youth in the North West to be part of the programme. 

In addition to the UFSBS, the ETDPSETA has also partnered with the Office of the Premier in the Northern Cape, the Sol Plaatje Municipality, and the Department of Social Development. These partners assisted with the identification and recruitment of participants in order to ensure the right people were included in the programme.

“For me, the programme was informative and practical,” said Paseka Tlali, one of the top achievers taking part in the New Venture Creation programme. “It allowed me to learn about developing a business plan. Since completion, I have registered a business focusing on media consultancy. Through my business I can educate others on the importance of developing a personal brand.” 

David Gool, another participant from the Northern Cape, said, “I have now become a social media ambassador working with Herbalife as their brand ambassador, thanks to the programme.”

Participants were taken on a practical journey to identify an idea and turn it into a profitable small business. Not only were they taught about new venture creation, but they were also taken on a journey to understand themselves better. The four-month programme saw participants go from attending classes to presenting their business plans to a panel that was also referred to as “The Circle of Elders”. This panel consisted of the ETDPSETA, the UFSBS, the National Youth Development Agency (NYDA) and the Small Enterprise Development Agency (SEDA). They provided each participant with practical feedback and guidance on how to make their planned venture a reality. 

The New Venture Creation programme includes the following study units: Entrepreneurship Journey, Marketing Plan, Operations Plan, Business Model, and Business Plan Framework, among others. 

Graduation ceremonies were held at the completion of the programme in De Aar and Kimberley, sponsored by Standard Bank.

Read up on more programmes offered by the UFS Business School here

News Archive

UFS implements B Ed degree on Qwaqwa campus
2006-11-09

The University of the Free State has taken a step to address the need of black teachers in the country by offering a B Ed degree in the further education and training (FET) phase at its Qwaqwa Campus as from January 2007.
 
“The accredited B Ed qualification provides the opportunity to students to empower themselves to become professional teachers in secondary schools. It is also suitable for the training of expertise for education-related careers such as instructors and trainers,” said Dr Elias Malete, acting principal of the UFS Qwaqwa Campus.
 
According to Dr Malete, education in South Africa is heading for a disaster owing to the large-scale exodus of teachers combined with the low enrolment figures of prospective teachers.
 
“Approximately 19 000 teachers leave the teaching profession annually, while all the training institutions in the country only manage to produce 4 800 new entrants to the profession,” said Dr Malete.
 
 “Indications are that a considerable number of students, especially from KwaZulu-Natal, want to study education at the Qwaqwa Campus. The implementation of the course will also address the need for qualified teachers in the country and contribute to the sustainability of the campus,” said Dr Malete.
 
 “The duration of the B Ed is four years. Prospective students who do not meet the admission requirements may enroll for a one-year career preparation programme and successful completion will provide them with admission to the degree the following year. Prospective students with an M-score of 24-27 may enroll for an extended B Ed programme over a period of five years,” said Dr Malete.
 
Other education programmes that are offered at the Qwaqwa Campus include a B Ed Honors degree in Curriculum Studies, a B Ed Honors degree in Education Management and Leadership and a Postgraduate Certificate in Education (PGCE).
 
Prospective students may call (058) 718-5000 or visit the UFS web site at www.ufs.ac.za for more information. Applications for admission to this programme close on 30 November 2006.
 
Media release
Issued by: Lacea Loader
Media Representative
Tel:   (051) 401-2584
Cell: 083 645 2454
8 November 2006
 
 

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