Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
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

Golden Key recognises top achievers
2012-08-29

A jam packed audience listens to the keynote address at the UFS Golden Key Annual new members’ ceremony.
Photo: Stephen Collett
29 August 2012

Recognising academic excellence at the University of the Free State (UFS), the world’s biggest academic honour society, Golden Key International Honour Society, selected a record number of Kovsie students as new members this year.

More than 700 top achievers have been invited to join the prestige academic society – the biggest crop of students thus far.

New members, the top 15% of academic students at Kovsies, were welcomed to the society’s UFS Chapter at an induction ceremony held on Saturday 25 August 2012. The ceremony also saw Justice Ian van der Merwe, Chairperson of the UFS Council, Mr Billyboy Ramahlele, Director Community Engagement, and Prof. Hendrik Swart, Senior Professor in Physics at the UFS being recognised as honorary members of the society. The event, held at the Kovsie Church, drew a large crowd with the venue packed to capacity.

Sibusiso Tshabalala, a third-year BCom Law student, and recently selected as one of ten Google Young Minds for 2012, delivered the keynote address. Structuring his talk around dreams, fears and music, Sibusiso told students they had joined a global community of students who valued academic achievement, leadership and service. “In a country where rhetoric triumphs over logic and mediocrity rules supreme, while excellence is fast becoming taboo, we need the thinkers to do the leading.”

Dr Derek Swemmer, Registrar and co-advisor of the UFS Chapter, told the students they had demonstrated the ability and now had to fulfil their potential. He was appointed as Chairperson of the society’s governing body in March this year.

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept