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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 hat trick for Kovsie Master’s student
2016-07-28

Description: Candice Thikeson  Tags: Candice Thikeson

Candice Thikeson from the University of the Free State
was the successful recipient of the Abe Bailey
Travel Bursary.
Photo: Johan Roux

Mandela Rhodes Scholar, Bright Young Mind, and now successful candidate of the Abe Bailey Travel Bursary. These accolades now all belong to Candice Thikeson from the University of the Free State (UFS).

To complete the hat trick, she was declared the recipient of the bursary on 20 July 2016. She follows in the footsteps of Stefan van der Westhuizen, who was the UFS Abe Bailey recipient in 2015.

An unexpected breakfast announcement

Thikeson, Gosego Moroka, and Wonga Mfana were the UFS final candidates for the bursary.

Thikeson, who is currently a Master’s student in Art History and Image Studies, said she never expected to be the successful candidate, but is really grateful. “I would like to thank the Vice-Chancellor and Rector, Prof Jonathan Jansen, the Dean of the Faculty of the Humanities, Prof Lucius Botes, and members of the Rectorate, and academic staff who gave me the news in such a special way.”

Promoting South African unity abroad

The objective of the bursary is to broaden the views of young South Africans to effect greater understanding and co-operation among those from various language and cultural backgrounds. Furthermore, it wants to empower those who show exceptional leadership qualities and a strong service ethic, while adopting commitment and effective participation in a common future.

Most importantly, the bursary seeks to promote South African unity. It is awarded each year and consists of a three-week educational tour of England and Scotland. The host in the United Kingdom will be Goodenough College in London.

Thikeson will be overseas from 22 November to 17 December 2016, visiting London, Cambridge, Oxford in the United Kingdom, and Edinburgh in Scotland.

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