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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

Vote for Kovsies’ achievers!
2011-03-29

Two Kovsie students are finalists in two very prestigious competitions and need your support to pull them through into the home stretch!

Marelize Visagie and Roeline Strauss are finalists in the Organisation for Economic Cooperation and Development’s (OECD) 50th Anniversary Video Competition and the Miss Varsity Cup competition, respectively.
 
UFS students and staff and the general public can help them win these competitions by voting for them on the respective competitions’ websites.
 
To vote for Marelize, please go to http://www.oecd.org/videocontest and vote for her video entitled: Progress is sharing the burdens. The video deals with progress through sharing of individual and group burdens and could win her a trip to Paris, where she will represent South Africa at the final ceremony of the competition.
 
The closing date for voting is 14 April at 12:00.

To vote for Roeline, log in to www.varsitycup.co.za and click on the pink rose at the bottom of the page. Then click on the link which reads: click here to vote. Then vote for Shimlas’ Roeline Strauss to make sure she stands a chance of being crowned as the national Miss Varsity Cup, who will be announced at the finals of the tournament on 11 April.

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