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#YouthMonth: Celebrating youth empowerment (Sanchay Kalicharan)

21 June 2023 | Story Sanchay Kalicharan | Photo Supplied

The University of the Free State (UFS) is celebrating Youth Month by showcasing the positive influence of the institution on career development. As part of this initiative, we are sharing the stories of UFS alumni who are now working at the university.

Sanchay Kalicharan, ETDP SETA Intern at DiMTEC, shares his UFS journey:

Q: Year of graduation from the UFS:

A: I graduated from the UFS Bloemfontein Campus in 2022.

Q: Qualification obtained from the UFS:

A: I obtained my Postgraduate Diploma in Disaster Management through the Disaster Management Training and Education Centre for Africa (DiMTEC) at the UFS.

Q: Date of joining the UFS as a staff member:

A: In August 2022, I embarked on a new journey as a staff member at the UFS. From the outset, the UFS provided a nurturing and challenging environment that fostered both personal and professional growth. As an intern, I was immersed in a diverse range of tasks and responsibilities that contributed significantly to my understanding of my chosen field.

The experience has been highly rewarding, equipping me with valuable insights and practical skills, while offering an opportunity to make meaningful contributions to the university's community. The camaraderie and support of my colleagues made for a dynamic work culture that drove excellence and innovation. Overall, joining the UFS marked a significant step on my career path.

Q: Initial job title and current job title:

A: In August 2022, I embarked on an enriching journey with the UFS as a PYEI intern at DiMTEC. Over the course of six months, I was deeply immersed in a variety of tasks, honing my skills, and gaining valuable insights into disaster management.

As my initial internship drew to a close in January 2023, a new chapter began. I transitioned into the role of an ETDP SETA intern with DiMTEC. From February 2023 till now, I have been extending my understanding and practical knowledge of the field. Each day brings a new learning opportunity, reinforcing the theoretical concepts I have studied with real-world applications. These successive roles at the UFS have played an integral part in shaping my professional career.

Q: How did the UFS prepare you for the professional world?

A: The UFS prepared me for the professional world in numerous ways. The internships I undertook at DiMTEC provided me with a robust platform to acquire practical skills and insights that are highly valuable in the professional world.

During my time as a PYEI intern, I was exposed to various facets of disaster management. This hands-on experience, paired with guidance from seasoned professionals, allowed me to delve into the complexities of the field and build my competency. Transitioning into the role of an ETDP SETA intern, I was able to further develop my understanding and skills in the disaster management field. The UFS provided continuous opportunities for learning and development, reinforcing theoretical knowledge with practical, real-world experiences.

In addition to the technical skills, the UFS also fostered the growth of soft skills such as teamwork, communication, problem-solving, and leadership, which are paramount in the professional world. Through collaborations, projects, and day-to-day interactions, I learned how to work effectively with diverse individuals, navigate challenges, and lead initiatives. This holistic training at the UFS has equipped me with the tools and confidence to navigate the professional landscape.

Q: What are your thoughts on transitioning from a UFS alumnus to a staff member?

A: Transitioning from a UFS alumnus to a staff member has been an enriching and rewarding journey. As a student, the university provided an excellent foundation of academic knowledge and practical skills. As a staff member, I have had the opportunity to apply and extend this knowledge, further deepening my understanding of my chosen field.

This transition has offered a different perspective on the workings of the institution. While my focus as a student was primarily on learning and personal development, as a staff member I am now contributing to the university's operations and its mission. This has given me a greater appreciation for the efforts that go into running such an institution, and the responsibilities that come with my role.

Being a part of the UFS staff also gives me a unique opportunity to give back to the community that has given so much to me during my student years. It is a chance to contribute to the academic and personal growth of current and future students, just as my teachers and mentors did for me. Overall, the transition has been a fulfilling experience and I look forward to continuing to make a positive impact in my role at the UFS.

Q: Any additional comments about your experience?

A: Throughout my journey at the UFS, both as an alumnus and as a staff member, I have found the environment to be nurturing and inspiring. Each role has brought new challenges and opportunities that have fostered my personal and professional growth.

The transition from being a student to joining the staff was seamless, largely due to the supportive community and culture of the UFS. I have been fortunate to collaborate with and learn from a diverse and talented group of professionals who are deeply committed to their work and the university's mission.

One significant aspect of my experience has been the real-world impact of the work we do at DiMTEC. It is fulfilling to know that our efforts contribute to the broader goal of enhancing disaster management strategies and practices.

Lastly, I greatly appreciate the continuous learning opportunities provided by the UFS. Whether it is through formal training, learning from colleagues, or tackling challenging projects, there is always an opportunity to learn and grow. This commitment to continuous learning is something I value deeply, and it fuels my passion for my work at the UFS.

News Archive

Inaugural lecture: Prof. Phillipe Burger

2007-11-26

Attending the lecture were, from the left: Prof. Tienie Crous (Dean of the Faculty of Economic and Management Sciences at the UFS), Prof. Phillipe Burger (Departmental Chairperson of the Department of Economics at the UFS), and Prof. Frederick Fourie (Rector and Vice-Chancellor of the UFS).
Photo: Stephen Collet

A summary of an inaugural lecture presented by Prof. Phillipe Burger on the topic: “The ups and downs of the South African Economy: Rough seas or smooth sailing?”

South African business cycle shows reduction in volatility

Better monetary policy and improvements in the financial sector that place less liquidity constraints on individuals is one of the main reasons for the reduction in the volatility of the South African economy. The improvement in access to the financial sector also enables individuals to manage their debt better.

These are some of the findings in an analysis on the volatility of the South African business cycle done by Prof. Philippe Burger, Departmental Chairperson of the University of the Free State’s (UFS) Department of Economics.

Prof. Burger delivered his inaugural lecture last night (22 November 2007) on the Main Campus in Bloemfontein on the topic “The ups and downs of the South African Economy: Rough seas or smooth sailing?”

In his lecture, Prof. Burger emphasised a few key aspects of the South African business cycle and indicated how it changed during the periods 1960-1976, 1976-1994 en 1994-2006.

With the Gross Domestic Product (GDP) as an indicator of the business cycle, the analysis identified the variables that showed the highest correlation with the GDP. During the periods 1976-1994 and 1994-2006, these included durable consumption, manufacturing investment, private sector investment, as well as investment in machinery and non-residential buildings. Other variables that also show a high correlation with the GDP are imports, non-durable consumption, investment in the financial services sector, investment by general government, as well as investment in residential buildings.

Prof. Burger’s analysis also shows that changes in durable consumption, investment in the manufacturing sector, investment in the private sector, as well as investment in non-residential buildings preceded changes in the GDP. If changes in a variable such as durable consumption precede changes in the GDP, it is an indication that durable consumption is one of the drivers of the business cycle. The up or down swing of durable consumption may, in other words, just as well contribute to an up or down swing in the business cycle.

A surprising finding of the analysis is the particularly strong role durable consumption has played in the business cycle since 1994. This finding is especially surprising due to the fact that durable consumption only constitutes about 12% of the total household consumption.

A further surprising finding is the particularly small role exports have been playing since 1960 as a driver of the business cycle. In South Africa it is still generally accepted that exports are one of the most important drivers of the business cycle. It is generally accepted that, should the business cycles of South Africa’s most important trade partners show an upward phase; these partners will purchase more from South Africa. This increase in exports will contribute to the South African economy moving upward. Prof. Burger’s analyses shows, however, that exports have generally never fulfil this role.

Over and above the identification of the drivers of the South African business cycle, Prof. Burger’s analysis also investigated the volatility of the business cycle.

When the periods 1976-1994 and 1994-2006 are compared, the analysis shows that the volatility of the business cycle has reduced since 1994 with more than half. The reduction in volatility can be traced to the reduction in the volatility of household consumption (especially durables and services), as well as a reduction in the volatility of investment in machinery, non-residential buildings and transport equipment. The last three coincide with the general reduction in the volatility of investment in the manufacturing sector. Investment in sectors such as electricity and transport (not to be confused with investment in transport equipment by various sectors) which are strongly dominated by the government, did not contribute to the decrease in volatility.

In his analysis, Prof. Burger supplies reasons for the reduction in volatility. One of the explanations is the reduction in the shocks affecting the economy – especially in the South African context. Another explanation is the application of an improved monetary policy by the South African Reserve Bank since the mid 1990’s. A third explanation is the better access to liquidity and credit since the mid 1990’s, which enables the better management of household finance and the absorption of financial shocks.

A further reason which contributed to the reduction in volatility in countries such as the United States of America’s business cycle is better inventory management. While the volatility of inventory in South Africa has also reduced there is, according to Prof. Burger, little proof that better inventory management contributed to the reduction in volatility of the GDP.

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