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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

Shimlas honoured to meet Prof Petersen
2017-04-12

Description: ' A Shimlas and Prof Francis Tags: Shimlas, Prof Francis Petersen
Prof Francis Petersen, Vice-Chancellor and Rector, with
Shimla captain, Stephan Janse van Rensburg, in front of
the Main Building.
Photo: Rulanzen Martin

“I studied at Maties and worked for quite a long time at the University of Cape Town so I am also an Ikey, but now I am a Kovsie. So I am obviously supporting and fully behind the Kovsie team.”

This was what the new University of the Free State Vice-Chancellor and Rector, Prof Francis Petersen, said to the Shimla rugby team at a breakfast on 7 April 2017. The Varsity Cup team was invited to the Main Building by Prof Petersen to congratulate them on a great season. The Rector also thanked the team’s management. “All of them wanted to see you and we have waited quite a few months for you. And thank you for the invite. It means a lot us,” said Jaco Swanepoel, Shimla assistant coach.

Shimlas went in as underdogs

“I was completely stunned by the way you played on Monday night,” Prof Petersen said. 

A young Shimlas team went into the tournament as underdogs, but managed to reach the Varsity Cup semifinal against Tuks on 3 April 2017 in Pretoria. The Shimlas staged a great comeback and pushed the home team until the end. They only lost 21-28 against a strong University of Pretoria team.

The Rector also reiterated the importance of sport within the university. “Sport is a unifier and we should use it more to unite.”

Great privilege to meet the new Rector

“It is a massive privilege for our team to be invited by Prof Petersen for a nice breakfast. To know that we have his support, as well as that of the entire university, means a lot to us,” said Stephan Janse van Rensburg, Shimla captain. 

The Shimlas wanted to make UFS proud by making a difference and it showed during the semi-final. “We played under extreme pressure and went into the semi-finals as complete underdogs. We played for every Kovsie but unfortunately it didn’t go our way,” Stephan said.

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