Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
20 May 2022 | Story Dr Nitha Ramnath | Photo Supplied
Tinovimba Semu
Tinovimba Semu.

Tinovimba Semu is the proud recipient of the Dean’s Medal for best results with respect to an undergraduate degree in the Faculty of Economic and Management Sciences (EMS), which was awarded during the recent April graduation ceremonies. Semu achieved a distinction in her Bachelor of Commerce degree with specialisation in Economics. Currently completing a BCom Honours degree specialising in Economics, Semu indicated that she did not understand the value of education, nor did she push herself to study until she arrived at university.

“Education is not just about getting the highest marks so that you can get a job. To me, education is about gaining knowledge, challenging yourself, and applying that knowledge to improve a process in the world, no matter how small that improvement may seem,” says Semu.  

Semu’s parents, both Math and Science educators, are her fiercest protectors and cheerleaders who have instilled the value of education in her and allowed her the freedom to choose her education and career path.  “I am not only under pressure to succeed in my academics, but with work as well, and I know that I have my parent’s support in everything that I do.” 

“I now know the value of working hard and working smart.  I know the value of goal setting and have learnt to set goals for myself and to work towards achieving those goals,” says Semu. 

News Archive

R12-million to train black chartered accountants
2008-10-09

The Centre for Accounting at the University of the Free State (UFS) will receive about R12-million over the next four years from the Thuthuka Bursary Fund to train black learners as chartered accountants.

The bursary fund is managed by the South African Institute of Chartered Accountants (SAICA) and is aimed at increasing the number of black students who obtain the Bachelor degree in Accounting.

Prof. Hentie van Wyk, Programme Director of the Centre for Accounting at the UFS, says that the membership of the chartered accounting profession (SAICA) does not currently reflect the demographics of the country. The aim of the bursary fund is to straighten this imbalance.

“The first intake of 50 first-year students is in 2009. The bursary fund makes provision for about R60 000 per student. This amount covers the student’s class fees, residence fees, meals and the financing of tutors. We will also make use of tutors and guest lecturers who will teach the students life skills, among others. The centre will appoint a co-ordinator to assist students with this,” says Prof. Van Wyk.

The UFS is accredited by SAICA to handle the Thuthuka training. During a monitoring visit from SAICA in 2007 the centre was the first in South Africa to obtain a 1-grading. The centre also obtained an outstanding pass rate of 94% during the recent national qualifying exam.

“We especially want to focus on the training of students from the central region. This means that the UFS will become a feeder institution of black chartered accountants for the business community in the central region of the country,” says Prof. Van Wyk.

According to Prof. Van Wyk, SAICA will do the recruitment of the students and they will be subject to a selection test. A list of possible students will be submitted to the centre, of which 50 will be chosen. One of the prerequisites is that learners must have a good mark in Mathematics. During their four years of studying students must have an average pass mark of 70%.


Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za  
9 October 2008

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