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16 February 2022 | Story Lacea Loader | Photo Sonia Small
Nico Janse van Rensburg
Nico Janse van Rensburg, Senior Director: University Estates, and recipient of the UFS Council Medal.

At a meeting held on 26 November 2021, the Council of the University of the Free State (UFS) approved the awarding of the UFS Council Medal for outstanding service to Nico Janse van Rensburg, Senior Director: University Estates.

 

Building our campuses

Janse van Rensburg completed a BSc Quantity Surveying degree at the UFS in 1989 before joining the institution’s then Department of Physical Planning in 2004, after an impressive career as quantity surveyor. In 2012, he was appointed Senior Director: University Estates, continuously adding value to the infrastructure of our three campuses – totalling more than 500 000 m2 – as well as experimental farms and off-campus entities of more than 1 000 ha.

He has a persistent green approach that not only reduces the UFS’ carbon footprint, but also saves the institution millions of rands in energy savings and maintenance. Indigenous and waterwise gardens greet staff, students, and visitors to all our campuses, while being housed in well-maintained buildings. All newly built facilities on our campuses are based on green building principles, while an overall optimal building management system ensures efficient energy management.

 

Mentorship and skills transfer

University Estates, through its procurement management and the leadership of Janse van Rensburg, is also one of the main drivers behind the UFS’ BBBEE scorecard. He initiated a mentoring and skills transfer strategy by means of joint project appointments, enabling previously disadvantaged firms to eventually be appointed independently for similar projects.

To ensure, among others, aesthetically pleasing buildings that offer value for money, Janse van Rensburg and his team have developed a series of technical manuals that outline material specifications and expectations. Since 2012, he has been instrumental in more than 1 000 projects at the UFS.

The university recognises and commends Janse van Rensburg’s indispensable contribution to creating inclusive and quality spaces on our campuses, where staff, students, and visitors can experience our culture of care. His motto is clearly visible in all the projects he completes: Get things done – within time, budget, quality standards, expectations, and user satisfaction.

“It is an immense privilege to be leading the University Estates team, and I am humbled to be the recipient of this prestigious medal. University Estates is all about teamwork, and an award such as this can only be possible through the commitment, dedication, and support of a very capable team, as well as colleagues throughout the UFS. I would also like to thank our very capable leaders, such as Prof Prakash Naidoo, Vice-Rector: Operations, for his support and guidance. I have learnt a lot on this journey and a lot remains to be learnt. All of this could only be achieved with help that goes beyond one’s own strengths and abilities,” said Janse van Rensburg.”

 

Get things done – within time, budget, quality standards, expectations, and user satisfaction.

The Council Medal will be presented to Janse van Rensburg during a graduation ceremony in 2022.

 

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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