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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

A Kovsie parade through Bloemfontein's streets
2014-02-04


Photo: Albert van Biljon

The community of Bloemfontein came out in numbers to watch the annual Kovsie Rag procession on Saturday 1 February 2014. Young and old lined the roads around the Bloemfontein Campus to get a glimpse of the colourful floats moving through the city’s streets. Onlookers showed their support for the UFS’s charitable fun drive, dropping coins in the money tins of first-year students who made their way through the crowds.

Celebrating the hard work of students who spent hours building floats, festivities kicked off with a morning parade to Heidedal and Mangaung. Here the Rag Office distributed 10 000 meals to members of the community.

With a beloved Hollywood panda as their inspiration, JBM, Soetdoring and Imperium residences were crowned winners of the movie-themed float-building competition later the evening. Their Kung Fu Panda float led the way as the main procession made its way to the Chevrolet Cricket Stadium for a night of celebration with music stars Mango Groove, Zakes Bantwini and Robbie Wessels.  

Mango Groove had the audience on their feet playing well-known hits like Special Star, Moments Away and Hometalk. Robbie Wessels and Bantwini also didn't disappoint, with the audience stomping feet to their music. In addition, partygoers were treated to an amazing fireworks display that lightened up the Bloemfontein night sky.

Float-building results: 

  • Overall winners: JBM, Soetdoring and Imperium 
  • Winners Pool A: JBM, Soetdoring and Imperium
  • Winners Pool B: Welwitchia and Tswelopele 

The overall assessment of floats was made up of 100 points. The impression of the floats on the little ones was very important, as children judges awarded 25% of the score. They gave a mark out of 10 and it was converted to a mark out of 25.

The assessment by the adult judges counted for 75 points. The criteria were as follows:

  • General impression and colour: 25 points
  • Detail: 25 points
  • Did the float complement the theme: 15 points

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