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03 January 2023 | Story Charlene Stanley | Photo Supplied
Vuyelwa Vumendlini
Vuyelwa Vumendlini, Alternate Executive Director at the International Monetary Fund in Washington DC.

High-profile positions at National Treasury, the World Bank and now also the International Monetary Fund in Washington, mark an illustrious career for UFS Economics alumna, Vuyelwa Vumendlini.

“Go in full force, hands and feet, and accept this opportunity of a lifetime. You won’t regret it.” These words of Dr Minette Smit, her thesis supervisor, proved to be pivotal advice to a young Vuyelwa Vumendlini. At the time, she was doing her BCom Honours in Economics (1996-1999) and was presented with a scholarship opportunity to complete her master’s degree in the USA.

“I was afraid to leave my home and my comfort zone,” she explains. “But looking back, I’m extremely grateful to have taken that step.”

Her studies culminated in an appointment as Senior Adviser to the Executive Director at the World Bank, then Deputy Director-General: International and Regional Economic Policy at the National Treasury, and now as Alternate Executive Director at the International Monetary Fund (IMF) in Washington DC. As an IMF executive board member, Vumendlini represents 23 English-speaking African countries that are members of a constituency. The Executive Board of the IMF has 24 chairs, representing 24 constituencies from its 189 countries’ membership. Among her duties are considering policy issues and surveillance reports, as well as approving and monitoring IMF programmes involving lending and/or technical assistance.

Since this is the second stint in Washington for her and her children, Simphiwe, Enhle, and Anele, settling down was much easier. “Because of the COVID-19 isolation, we were kind of used to being alone at home, so we didn’t find the solitude that bad while we were still making new friends.”

She misses South African food the most – things like biltong and boerewors – and the proximity of favourite restaurants like Ocean Basket and Mugg & Bean. She has fond memories of her study years, working as an assistant in the Department of Economics, hanging out at Mooimeisiesfontein on Saturdays, and building rag floats for Vergeet-My-Nie and Kestell residences. Plans for the future include tackling her PhD in Economics.

Her advice to UFS students: “Be up to date with what is happening around you. Do not be afraid to do things differently. Be agile in your approach to achieving your career aspirations and be ready to take on those opportunities when they present themselves.”

News Archive

Armentum RC disbanded and expelled
2009-05-14

The Residence Committee (RC) of Armentum Residence at the University of the Free State (UFS) has been disbanded and expelled.

This decision was taken as a result of the RC’s involvement in the incident of alleged initiation that took place in the residence last week and as a result of which a first-year student, Alex Marais, was admitted to the Bloemfontein Medi-Clinic.

Due to the coming exams they are, however, allowed to stay in on the residence until the end of the first semester of 2009. If they are involved in any actions that contravene the rules of the UFS during this period, they will be expelled from the university.

“This decision was not taken lightly. An in-depth investigation was carried out and discussions were held with various parties in the residence. Because the RC was aware of the initiation practices that were taking place and even participated in it, disciplinary action was taken against them,” said Prof. Teuns Verschoor, Acting Rector of the UFS.

“The RC was aware of the fact that initiation practices are not allowed at the UFS and what the consequences can be if students do participate in such practices. It is a pity that we had to take a step like this,” he said.

The RC members are given the opportunity to retain their places in university accommodation and to be resettled in a residence that will be stipulated by the UFS. A work committee must immediately be appointed in Armentum to manage the residence until a new RC is elected in August 2009.

A remunerative fine will be imposed on the tuition fee accounts of senior students of Armentum, which will be used as a contribution to the medical costs of Alex Marais. All students currently residing in Armentum will be required to reapply for accommodation in the residence for the second semester and sign a declaration indicating that they are aware of the rules and will adhere to it.

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  
14 May 2009

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