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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

The Olympic Games – then and now
2012-05-04

4 May 2012

The first victory at the Olympic Games in the little Greek town of Olympia was recorded in the year 776 B.C. For the next 1 000 years, athletes congregated to compete at Olympia every four years in August/September.

The 27th modern Olympic Games will commence in London, England on 27 July this year. Counting from 1896, the year of the first modern Olympic Games, this year’s Games should have been the 30th. However, the Games did not take place three times: In 1916 during the First World War and again in 1940 and 1944 during the Second World War.

Prof. Louise Cilliers of the Department of Classical and Near Eastern Studies will look at certain aspects of the ancient Olympic Games and compare them with the nature of the items and the records of today in a lecture titled “The Olympic Games – then and now” on Tuesday 8 May 2012.

Numerous questions will be discussed, such as what the nature of the records are that were held in the absence of stop watches and standard distances, why the games were held in August/September from the start, what the differences are between ancient and modern items, where all the symbols that have become associated with the Olympic Games came from, and if Baron de Coubertin was right in his glorifying of amateur sport during the ancient times.

  • Place: Senate Hall (CR Swart Building)
  • Time: 19:00 to 20:00
     

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