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09 February 2022 | Story Lacea Loader

The University of the Free State UFS) is aware of media reports on 8 and 9 February 2022 about challenges that students are facing related to off-campus accommodation and in particular an incident that took place on the Bloemfontein Campus in the early hours of 8 February 2022 when a group of students arrived late evening at Protection Services and requested emergency accommodation.

It is untrue that the university did not provide emergency accommodation to the group of students, and we wish to confirm that accommodation was indeed offered in two on-campus residences. However, the offer to provide such accommodation was not taken up by the Bloemfontein Campus Student Representative Council (CSRC) on behalf of the group. During Tuesday morning, university staff managed to obtain accommodation for the group in an off-campus emergency accommodation facility, to which they were taken by shuttle.

Several measures are in place to ensure the successful management of the accommodation process in consultation with and in agreement with various stakeholders. When the need arises, the university arranges emergency off-campus accommodation for students on all three campuses. Where a student cannot afford to pay for emergency accommodation, the university has measures in place, which include the provision of daily transport in the form of a shuttle service to the emergency accommodation and back to the campus – specifically during the registration period.

In addition, an Emergency Accommodation Committee, on which the CSRC sits, meets weekly. The CSRC is part of the committee’s decisions to accommodate the needs of students related to emergency accommodation.

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UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23

 Description: UFS and BMF present a crash course on Financial Literacy  Tags: UFS and BMF present a crash course on Financial Literacy

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

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