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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

5 things you might not know about Elizabeth Molapo: Miss SA 2016 finalist
2015-11-20

Kovsies’ own beauty queen, Elizabeth Molapo

Elizabeth Lihotetso Molapo is a final-year BCom Economics student at the University of the Free State. The impeccably-beautiful 23-year-old is the only Bloemfontein representative among the top 12 contestants who have their eyes fixed on the Miss South Africa 2016 crown.

You might not know that:


1. Elizabeth was named after Queen Elizabeth 2, with whom she shares a birthday. Her middle name, “Lihotetso”, translates as “Fire”. Suffice it to say, her burning desire to learn - the pull factor for her embarking on the Miss SA 2016 journey - is a manifestation of her fate.

2. This is not her first time in the Miss SA competition. Last year, Elizabeth gave the Miss SA competition a try but unfortunately did not make very far.

3. Her childhood dream was to become a pediatrician. Economics won when she had to shadow at a hospital when she was in high school, and was horrified at the sight of blood. Elizabeth then decided: “This isn’t for me!”

4. “Enter Miss SA,” she recalls Rolene Strauss saying. The former Miss SA and current Miss World encouraged her to follow her dreams, and to aim for the most prestigious tiara in the country.

5. The last book she read was Redeeming Love by Francine Rivers. It is also the next one she might read, as she has read it three times already.

Other Kovsies who have made strides in the beauty pageant realm include Rolene Strauss who was crowned Miss SA 2014 and Miss World 2015. Earlier this year, Relebohile Kobeli was also crowned Miss Lesotho 2015 and is now en route to Miss World International 2015 in China.

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