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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 woman with a vision and dreams
2014-09-19

Louzanne Coetzee recently made Kovsie -history when she became the first blind woman to be elected to the SRC in the portfolio for Student Accessibility and Support. She has not even considered standing for the SRC before, though.

“I wanted to create awareness of disabled students on campus,” Louzanne says. “By running for SRC and this specific portfolio, I thought it would be a great way to do so.” She has a lot of ideas on how to make the portfolio function better and to link the accessibility and support braches of the portfolio.

Louzanne has a passion for leadership. “I think this is a great platform for me to live out my values.” She describes herself as dynamic, but admits that she often pushes herself very hard to achieve the goals she has set out for herself. “I’m also very competitive. But I believe I can make it work to my advantage by setting goals regarding my leadership position on campus to make them happen.”

Having won several gold medals at athletic track events, Louzanne also aims to be selected for the South African 2016 Paralympics team.

And the one dream after another coming true for her, arises from a firm belief in the right attitude.

“I believe that with one’s attitude one can achieve anything. My personal motto has always been ‘mind management is life management’. One of the greatest lessons I have ever learned is that everything is determined by your attitude. The latter determines how you live your life and handle situations.”

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