Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
20 September 2022 | Story Lacea Loader and Valentino Ndaba | Photo Stephen Collett
Artivilla Dakamela and Marize Meyer
Winning against corruption: The UFS recently announced the winners of its Student Essay Writing Competition on Corruption.

Corruption is now widespread in South Africa and if not addressed it presents the biggest challenge to the country’s socioeconomic development. The current circumstances in South Africa dictate that reform is urgently required to bolster the country’s vulnerable culture of respect for human rights and boost confidence in its governance and economic prospects. 

The University of the Free State (UFS) recently announced the winners of its Student Essay Writing Competition on Corruption. The announcement was made at the UFS’s Bloemfontein Campus. 

“The UFS stands against corruption. It recognises that corruption erodes the social fabric, misdirects and misuses limited resources, and ultimately limits national development. In light of this, a call to all registered postgraduate and final-year undergraduate students in all disciplines for essays that offer unique thoughts on corruption and how it can be combated was put out earlier this year,” said Prof Francis Petersen, UFS Rector and Vice-Chancellor, who also initiated the competition. 

Judge Dennis Davis, former Judge President of the Competition Appeal Court and 2022 UFS honorary degree recipient, was present at the awards ceremony and commended the diversity of students and the varied views they contributed to the corruption conversation. “In a country like South Africa, whether we are going to have a substantive democracy or not depends on us,” he said. “From 1994 those of you who are much younger than me are owed something much better. You are owed a society which is based on freedom, dignity and equality, and you have not got that, and that’s disgraceful. One of the reasons you haven’t got it is because the money which goes to uplift people goes to reign-seekers and corrupt people.”

Stefanie Fick, Executive Director of the Accountability Division of the Organisation Undoing Tax Abuse (OUTA), echoed Judge Davis in stating that the winners are the ones who will take the baton on in the fight against corruption.

Combating corruption

The main theme of the competition was ‘Combating corruption in South Africa’. Issues that could have been covered included: understanding of corruption; why corruption is a challenge in South Africa; responses to corruption nationally; and how universities, and in particular the UFS, could respond effectively to corruption. A total of 106 entries were received. 

Marize Meyer, a BCom Honours student in management accounting, was named the winner in the postgraduate category. Artvilla Dakamela, who studies BCom Accounting, was named the winner in the undergraduate category. 

Growth through the process

Meyer, who won a cash prize of R30 000, said the competition equipped her with valuable information which she plans to apply in her accounting career. “One of the speakers said that all of us are affected by corruption, so the corruption fight starts with each of us. That is something I will remember every day.” 

Dakamela, who intends to pursue either a BCom Honours in Accounting or a Postgraduate Diploma in General Accountancy, said winning a cash prize of R20 000 has contributed to his financial freedom. “I’m now some steps closer to not worrying about my postgraduate fees. I am greatly encouraged by the win, to do more.” 

Dakamela believes corruption can be compared to the human immunodeficiency virus (HIV). “The virus cannot be cured, but with consistent treatment, the virus can be managed. This is why South Africa needs a committed anti-corruption agency that will be free from political interference.”

A collective effort 

Prof John Mubangizi, Dean of the UFS Faculty of Law, remarked on the importance of unity: “Fighting corruption is not something that you do as an individual or as one institution. It’s a collective effort.”

The winners of the second and third categories also shared valuable insight on how to tackle corruption. The second prize in the postgraduate category was awarded to Marc Smith, a PhD student in philosophy, and Phozia Jansen, a master’s student in dietetics and nutrition won the third prize. In the undergraduate category, Lerato Pitso, a BSocSc student majoring in sociology and criminology received the second prize, and Xolisile Sithole, who’s studying BCom Economics, received the third prize. All winners will be receiving a cash award for their entries. 

Building a better South Africa together

The competition was presented in partnership with the following anti-corruption organisations: Corruption Watch, Accountability Now, Organisation Undoing Tax Abuse (OUTA), and the Council for the Advancement of the South African Constitution (CASAC). The evaluation of the essays was completed by both an internal and an external panel of adjudicators. The internal panel aimed to identify the best essays in each category, while the external panel, consisting of representatives of the partner organisations, ranked the essays. 

“We are delighted that we had an opportunity to garner the minds of our students on how to combat corruption in this writing competition. The submissions were of a high standard and required an adjudication process that could assess the submissions received,” Prof Petersen said.  

 

Winning essays:

Undergraduate students:

Artvilla Dakamela: First place

Click to view documentTaking Up Arms Against Corruption in South Africa

Lerato Pitso: Second place

Click to view documentCombating corruption in South Africa

Xolisile Sithole: Third-place 

Click to view documentCorruption in South Africa


Postgraduate students:

Marize Meyer: First place

Click to view documentWhy is corruption a challenge in South Africa and how can it be effectively combated?

Marc Smit: Second place 

 






News Archive

Academic addresses financial planning leaders at world summit
2010-05-04

Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), addressing financial leaders at the World Financial Planning Summit.


Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), is chair to four Financial Planning Standards Board (FPSB) expert panels that guide the global Certified Financial Planning (CFP) certification programme. At the recent World Financial Planning Summit, held in Taipei in China, he challenged a group of global financial planning leaders to support the formation of a global financial planning body of knowledge with sustainable career-path development opportunities.

He said: “For financial planning to be recognised as a distinct professional practice and a global profession, the financial planning community must establish a universal body of knowledge that is supported by applicable in-depth research.

“We need to establish how professional bodies should collaborate with academia to integrate a more competency-based education and training environment that combines theory with practice. Fostering and promoting comprehensive research in financial planning topics is another key challenge that must be addressed in order to develop a tertiary knowledge framework for the financial planning profession.”

Adv. Oosthuizen, who is playing a big role in providing consistent and rigorous education and assessment tools for financial planning in 2010, said that a bachelor’s degree should be a compulsory minimum requirement for practising financial planners.

About the learning curve between the academic and work environments in the financial planning profession, Adv. Oosthuizen said: “Implementing a career-path model that supports a more structured approach to apprenticeships and supervised practice would complement a specialised financial planning body of knowledge and provide entrants to the profession with the necessary theoretical knowledge and practical experience to offer competent and ethical financial planning.”

The World Financial Planning Summit engaged global leaders of more than 17 financial planning standards-setting bodies, as well as regulators, financial planning educators and other invited guests in a dialogue about the steps needed to gain recognition for financial planning as a distinct, global profession.
 

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