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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

Golden Key International Honour Society swells it ranks with Kovsie students
2013-08-28

 

Golden Key honorary member, Prof Pumla Gobodo-Madikizela, with Stefan Gericke, Chapter Relations Officer of Golden Key International Honour Society.
Photo: Sonia Small
28 August 2013

Kovsie students continue to swell the ranks of the world’s biggest academic honour society, the Golden Key International Honour Society, with more than 500 students from the university becoming new members.

The UFS chapter of the society – who only welcomes the top 15% of academic students at the university – inducted the new members at a ceremony held on Saturday 24 August 2013 on the Bloemfontein Campus.

In addition, the organisation also pays recognition to those who act as role models to these students. Thus, the organisation also inducted Profs Odireleng Ntwaeaborwa, Dave Lubbe, Dennis Francis, Pumla Gobodo-Madikizela and executive chairperson of Richmark, Gavin Varejes as honorary members.

Prof Dave Lubbe delivered the keynote speech entitled “From intellectual leader to real leader – few ideas”, structuring his talk around five key points: wisdom, basics, over specialization, ethnical leadership and courage.

“The society aims to make students realise their potential and create a network for excelling students,” said Mbavhalelo Rammbwa; Golden Key UFS Chapter president.

Parents from as far as Limpopo came to show appreciation for their children’s dedication to their studies. “I am really happy not only for my daughter, but for every single student who has been inaugurated to the society this morning for their discipline, hard work and the dedication they show their studies. I thank Prof Jonathan Jansen, the lectures and academics for inspiring our children to study and make the most of the opportunity which we didn’t have,” said Mpho Mohoje, a parent of one of the students at the induction.

Another feather in the university's cap is the fact that UFS registrar, Dr Derek Swemmer is not only co-advisor of the chapter, but also the chairperson of the society’s international governing body.

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