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

Kovsie students part of exclusive Stanford Sophomore College Programme
2012-09-14

Kovsie students Foster Lubbe (far right at the back) and Palesa Mafisa (middle front) interacting with students from Stanford University.
14 September 2012

The six students, Elri Marais, Palesa Mafisa, Goodwill Shelile, Foster Lubbe, Gabriella Schroder and Saheed Abdullah, are part of the Stanford Sophomore College Programme, a residential summer programme for second-year students. They have been at Stanford since the beginning of this month, engaging in intense academic exploration with peers and professors on a variety of innovative, multidisciplinary topics.

Writing about his experiences in San Francisco, Foster Lubbe said it has been a wonderful experience thus far. “The classes are very interactive. It is amazing to see how effectively students and lecturers make use of technological tools, especially the speedy Internet, during class,” he wrote.

Foster and Palesa have been doing a course on “Mixed Race in the New Millennium, Elri and Abdullah on, “The Meaning of Life, and Gabriella and Goodwill a course on “Ghost stories”. Highlights for the students have been a discussion with New York Times journalist, Susan Saulny, a visit to the Stanford Centre of Marine Biology and for Gabriella and Goodwill a San Francisco ghost tour.

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