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12 October 2022 | Story Anthony Mthembu | Photo iFlair Photography
Science for the Future (S4F) summit
Attending the Science for the Future (S4F) summit in the Centenary Complex on the Bloemfontein Campus were, from the left: Back: Dr Cobus van Breda (S4F Programme Director), Amaria Reynders (S4F Family Math Manager), Dr Glynnis Daries (Sol Plaatje University), Prof Francis Petersen (Rector and Vice-Chancellor of the UFS), Tarin Roberts (Nelson Mandela University), Adolph Tomes (Acting Chief Executive Office, SANRAL). In the front are, from the left: Prof Angela James (University of KwaZulu-Natal), Heidi Harper (General Manager Skills Development, SANRAL), Prof Jogymol Alex (Walter Sisulu University).

Teachers from across the country and representatives of six other universities recently gathered at the University of the Free State (UFS) to celebrate the achievements of the Science-for-the-Future (S4F) Teacher Professional Development programmes as well as the successful collaboration between the UFS and other universities.  

The Science-for-the-Future unit in the Faculty of Education hosted a summit in the Centenary Complex on the Bloemfontein Campus on 30 September 2022. The Rector and Vice-Chancellor of the UFS, Prof Francis Petersen, delivered the keynote address at the summit. Representatives from the South African National Roads Agency (SANRAL) – the official sponsors of the Science for the Future initiative – were also present, along with 300 teachers and representatives from the Department of Basic Education. 

In his welcoming address, Prof Patrick Mafora, Vice-Dean of the Faculty of Education, said the initiative exemplifies the UFS’ institutional goals, such as increasing our contribution to local, regional, and global knowledge.  It also supports development and social justice through engaged scholarship.

Improving the quality of teaching and learning for Math and Science 

Dr Cobus van Breda, Programme Director of S4F and Project Manager of the Universities Collaboration initiative, provided background regarding the programmes and stated that “… we know from research that there are many factors that prevent learners in rural areas from excelling in Mathematics and Science. These include subject content knowledge, lack of teaching resources at school and at home, along with a lack of parental involvement, among others.” He said the project aims to address the challenges related to Mathematics and Science teaching and learning in the country. One of the ways in which this goal can be accomplished, is by empowering teachers and learners with the necessary tools, including resources and knowledge, to create a successful learning space for Mathematics and Science. “Our mission is the advancement of innovative and effective Mathematics and Science teaching and learning,” he indicated.

Representatives from the DBE and other institutions were also given the opportunity to highlight the impact of the initiative in their respective institutions. “Our public schooling system, especially in poor and rural areas, is in crisis – more especially in the Eastern Cape. This is due to a lack of learning support and a lack of sufficient skills. This created a need for innovative, sustainable, and tactical solutions to improve the quality of teaching and learning for Math and Science. The Science for the Future initiative is exactly that,” explained Prof Jogy Alex from the Walter Sisulu University.

Making a difference and changing people’s lives 

During his keynote address, Prof Petersen indicated that he preferred the word ‘co-creation’ instead of ‘collaboration’, and he urged the “sponsors not only to contribute funding, but really contribute towards the intellectual project of this programme”. Surely, they have learnings and some ideas that can strengthen and expand the project, he said. Prof Petersen also alluded to the fact that SANRAL contributes towards a Research Chair in Science and Mathematics Education in the Faculty of Education, as well as the fact that, at the university, “we don’t exist to create knowledge for the sake of knowledge; we exist to create knowledge so that the knowledge can make an impact”. He referred to the project as an example of how knowledge is converted to practical application.  


Mr Adolph Tomes, Acting Business Operations Executive at SANRAL, also commended the initiative and its impact. “Although we as SANRAL are the funders and we get praise for being funders, this is a phenomenal project, and it is making a difference and changing people’s lives.” 

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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