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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

Department of Agricultural Economics and agri-business join forces
2009-12-01

Some of the guests who attended the Department of Agricultural Economics' half-century celebration dinner were, from the left: Ms Chrisna van Heerden from Cape Wools; Mr Gielie Swart from Corporate Guarantee; Mr Jaco Heckroodt from VKB (Vrystaat Koöperasie Beperk) in Reitz; Mr Arno van Vuuren from NWK Beperk (Noord-Wes Koöperasie); Prof. Johan Willemse, Departmental Chairperson of the Department of Agricultural Economics at the UFS; and Ms Marcine Morsavel from GWK Beperk (Griekwaland-Wes Koöperasie).
Photo: Stephen Collett

The Department of Agricultural Economics at the University of the Free State (UFS) launched a bursary programme to support students studying Agricultural Economics during its recent half-centenary celebrations.

More than half a million Rands were collected from various agri-businesses at this prestigious event in order to support approximately 16 Agricultural Economics students from 2010 onwards.

“The Department is proud of the past 50 years’ training of students for agriculture in the fields of research, governance, banking and the agri-business environment and we have launched the bursary programme in order to position the University closer to agri-businesses,” said Prof. Johan Willemse, Departmental Chairperson of the Department of Agricultural Economics at the UFS.

The agri-businesses, who will act as sponsors, also benefit from the project, because they are afforded the opportunity to identify promising Agricultural Economics students as potential employees and to expose them to the activities of the businesses by means of holiday work. Upon completion of his/her studies, the student will already be fairly familiar with the circumstances of the specific agri-business and loyalty towards the business will already have been established.

Students who major in Agricultural Economics may apply for the bursary programme.

Agri-businesses that have already agreed to act as sponsors are Omnia Fertilizer, Pioneer Foods Pty, Suid-Wes Koöperasie Beperk, Corporate Guarantee, GWK Beperk (Griekwaland-Wes Koöperasie), VKB (Vrystaat Koöperasie Beperk), the National Woolgrowers Association and NWK Beperk (Noord-Wes Koöperasie).

More information can be obtained by phoning Ms Marie Engelbrecht on 051 401 9054.

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
1 December 2009

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