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06 May 2022 | Story Dr Nitha Ramnath | Photo Supplied
Thuso Lempetje
Thuso (Julius) Lempetje.


“Stop settling for things you know you don’t like” and “loving what you do can open doors for you” certainly holds true for Thuso (Julius) Lempetje, who graduated against all odds with a Bachelor of Management Leadership (BML) from the UFS Business School in April 2022.

Fresh out of matric in 2012, Lempetje worked as a cleaner in the Centre for Business Dynamics, hoping to study one day. An avid reader, Lempetje often borrowed books from Danie Jacobs, the former manager of the Centre for Business Dynamics. Mostly business-related, the books motivated Lempetje to understand the world of business. Lempetje’s breakthrough arrived when the Centre for Business Dynamics offered him the opportunity to study towards the Management Development Programme (MDP). Although it was not something he preferred to do, Lempetje nonetheless seized the chance to supplement his matric certificate with another NQF level.

Lempetje did not stop here – after completing the certificate programme, his motivation to continue studying was further boosted by his exposure to students from all walks of life and age groups in the Business School. Taking on the BML was no easy feat, particularly since Lempetje did not have the extensive work and management experience for work-related assignments as his peers in the cohort he was studying with.

It was not easy for Lempetje to complete his degree, as some of the modules required practical experience. This forced Lempetje to dig hard and to open up his curiosity to how things work in the business world. 

Lempetje’s advice to students and anyone who wishes to study, is that “you should never link age to studying and regardless of your age, your brain is never too rusty to study”. He adds that, “studying really does open the mind to new and innovative ideas”. 

“There is a lot of motivation in the UFS Business School, as it gives opportunities to adults who never thought they would have a degree in their life,” says Lempetje.  “Seeing older people study and work while also parenting, shows that there is more to life than the limitation we set ourselves by saying that we are too old to study, or we are too busy to study. Once you finish, you realise that you can actually do this, and you stop settling for things you know you don’t like.”

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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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