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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

ABSA sponsors Sports Weekend at the UFS Qwaqwa Campus
2004-09-23

Mr Banny Macholo Retail Banking Services Manager: ABSA (Student Bureau Bloemfontein) , Mr D T Zoko Sports Officer (UFS Qwaqwa Campus), Ms P Rabotapi Social Worker (UFS Qwaqwa Campus) and Mr Timmy Mohlakoana Retail Banking Services Manager : ABSA (Qwaqwa Branch)

In spite of the gale force winds and dust on the weekend of the 17th September, the University sporting clubs braved it in a sports gala at the Qwaqwa Campus of the University of the Free State. The sporting codes comprised soccer, netball, basketball aerobics, chess, volleyball, dance, athletics and body–building.

ABSA Bank donated R15 000.00 to facilitate the event, which began with indoor activities on Friday 17th and continued through Saturday with field sports and more indoor contests.

On behalf of ABSA, Mr Banny Macholo RBS Manager Student Bureau Bloemfontein and Mr Timmy Mohlakoana RBS Manager Phuthaditjhaba, attended the sports day. They said that the relationship that has been developed between ABSA and the UFS Qwaqwa Campus during this event, has been very profound and helpful to our immediate community, which is very rural and poor and from which most of the students are drawn They also assured the organisers that ABSA would seriously consider making it a yearly event.

Media release

Contributed by Ms Jabu Dakile

Senior Liaison Practitioner

UFS Qwaqwa Campus

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