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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

UFS makes internet affordable for students
2009-08-25

 
From the beginning of September the cost of internet access for students of the University of the Free State (UFS) will be lowered drastically to make this important medium for students’ study (and student life) affordable.

Prof. Janse Tolmie, Director: Computer Services, says different tariffs will apply in three different time slot, of which the lowest will be 20c per megabyte (MB). At present students pay R1 per MB right through the day. Students already get 30 MB free every month from the UFS, but postgraduate students will have 50 MB available from now on.

In peak time (05:00-17:59) students will pay 70c per MB, 50c in off-peak time (18:00-21:59) and just 20c per MB in discount time from 22:00 to 04:59. The new tariff structure will encourage students to use the internet in the evenings and reduce the pressure on the UFS network by doing so.

The provision of internet access is a high priority with the UFS. Each of the 18 residences is equipped with internet access points in every room. There are more than 3 000 network points in the residences and 1 300 in the general computer labs on campus.

Students have access to social networks like Face Book and Twitter from 17:00 daily.

Prof. Tolmie says the new structure will encourage students to use the internet in the evenings and reduce the pressure on the UFS network in such a way. 
Photo: Supplied

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