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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

Kovsies still enjoy successful exchange opportunity
2010-08-25

 
Students Ian Botha, Lize Swart and SW Meintjies with Prof. Izak Groenewald (second from right) at the O.R. Tambo International Airport in Johannesburg upon the student’s recent departure to Virginia Tech. Photo: Supplied

More than a decade ago, the then Chairperson of Free State Agriculture, Piet Gous, in collaboration with the then Dean of the Faculty of Natural and Agricultural Sciences at the University of the Free State (UFS), Prof. Piet Wilke, started an exchange initiative which still makes a difference to students’ lives today.

Students at the university get the opportunity to go and study at the Virginia Polytechnic Institute and State University (Virginia Tech) in Blacksburg in the United States of America (USA) during the second semester. During the first semester the UFS then receive American students. Since its inception in 1998, 142 students have already participated in the exchange programme.

“It is not only about six months’ studies at an American university. It is about the expansion of horizons, the creation of new frames of reference and exposure to other cultures and customs in order to attain and experience more life capacity,” says Prof. Izak Groenewald, Director of the Centre for Sustainable Agriculture and Rural Development at the UFS. Prof. Groenewald has acted as coordinator of this student exchange programme since 1997.

According to Prof. Groenewald, the secret of the successful programme rests with the fact that Kovsies pay their tuition and accommodation fees at the UFS as if they were studying here. However, they enjoy the privileges at Virginia Tech. Similarly, the American students pay their corresponding fees at Virginia Tech and then enjoy the privileges offered by the UFS. 

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