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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 & M Foundation to empower youth
2016-10-25

Description: ’Manapo UFS cross-country    Tags: UFS cross-country

Margo Fargo and Andricia Hinckemann,
the co-founders of the A & M Foundation.
Photo: Supplied

“Knowing that we are changing the lives of generations to come is motivation enough for me to wake up every day.”

These are the words of Andricia Hinckemann and Margo Fargo, the co-founders of the A & M Foundation. The foundation aims to empower young learners by providing greater platforms for social growth and development, allowing learners to be agents of change.

Going beyond textbook scopes

Andricia, a finalist of Miss Commonwealth 2016, is currently doing her Masters in Labour Law at the University of the Free State (UFS). Fargo is doing her Honours in BSc Consumer Science at the UFS. She is also the first princess for Miss Mamelodi Sundowns 2016 and a brand ambassador for Kalos Collections.

Margo says knowing it is no longer just about herself is more than enough to keep her going. “Be eager to learn beyond the scope of your textbooks and never limit yourself to your field of study,” she says.

Motivation to go the extra mile

The foundation specifically focuses on high school pupils, and helps build confidence among young adults in order that they become active social agents. “It’s about finding an identity irrespective of the circumstances you are in and developing townships to unlearn bad habits such as drug and alcohol abuse that have been instilled in these communities,” says Andricia.

Their main goal is to build something that is sustainable. “We want to go international and fund a group of high school pupils through tertiary education at any institution in the world.”

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