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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

Lira and Karen Zoid rock Kovsie Stage Extravaganza
2013-09-23

Joined on stage by some of Kovsies’ most talented students, award-winning artists dazzle Bloemfontein audience with show-stopping performances.
23 September 2013
Photos: Johan Roux

 

It was a proper party at this year’s Kovsie Stage Extravaganza, with red-hot performances by two of South Africa’s most celebrated artists.

Singers Lira and Karen Zoid had the audience in the Callie Human Centre at the Bloemfontein Campus on their feet with some of their greatest hits. With the artists on stage,were some of Kovsies’ most talented students, who hold their own among the two music stars.

Lira, a ten-time SAMA prize-winner, showed why she performed at US President Barack Obama's inauguration ball earlier this year. She had the audience eating from her hand with songs from her own albums, as well as from other artists. Between songs, she also offered advice to students and encouraged them to make their mark in life. "The knowledge you acquire here, will open doors for you," she told students, before singing favourite songs likeSomething inside so Strong, Rise Again and Ixesha.

Zoid, also a SAMA prize-winner, enchanted the audience with favourites like Afrikaners is Plesierig and Small world. Things heated up when she did a cover version of Johnny Clegg’s Asimbonanga with Kovsie students joining her on stage. She gave R200 to one lucky student to take his girlfriend for coffee later on.

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