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Fostering entrepreneurship among young people

02 March 2023 | Story Kekeletso Takang | Photo Supplied

EMS Entrepreneurship awards ceremony — The School of Accountancy hosted the award ceremony for attendance of the event in the Centenary Complex on the Bloemfontein Campus of the University of the Free State, issuing certificates of completion to the entrepreneurs who were part of the programme in collaboration with the National Youth Development Agency.

Concerns are constantly raised in South Africa that graduates do not have the requisite practical skills when entering the world of work. Along with this, the country grapples with a high youth unemployment rate that is higher than the national average. The University of the Free State (UFS) attempts to bridge this gap.

In partnership with the National Youth Development Agency (NYDA), the UFS School of Accountancy (SOA) recently held a training programme for approximately 100 Free State youth in need of entrepreneurial upskilling. The training, aimed at developing entrepreneurial skills among the youth, took place on the Bloemfontein Campus over several sessions.

This comes at a time when the UFS intends to maximise its societal impact with sustainable relationships through its Vision 130.

On 22 February 2023, participants were awarded certificates of attendance at a prestigious event held on the Bloemfontein Campus.z

Addressing the participants at the event, Tumi Dithebe, Regional Manager of the Free State NYDA office, said he was impressed by the high level of commitment displayed by the participants during the training, and hoped that it would extend to how they manage their businesses. “Today, we are gathered here to acknowledge your achievement and to celebrate the partnership with the UFS.”

Meaningful partnerships

“The School of Accountancy has had a working relationship with the SETA for Finance, Accounting, Management Consulting, and Other Financial Services (FASSET) since 2015. FASSET introduced the SOA to the NYDA, which was looking for a public institution to assist with the training of entrepreneurs,” said James Veitch, Senior Officer in the School of Accountancy. “We are in the process of negotiating a mentoring process to extend the influence of the training.”

Entrepreneurship upskilling is a growing need in the business environment. While formal programmes offer hard skills development, training workshops such as this one provides an in-depth practical approach to support young people in mastering day-to-day challenges.

Partnerships with various stakeholders are critical to providing young people with the skills they need to succeed in entrepreneurship. No one institution can do it alone. Initiatives should be sustainable and adaptive to the constantly evolving business environment.

Vusi Peter, one of the participants with an information technology business, said the training has afforded him the opportunity to learn about financial management and business modelling. “Many times, we tend to neglect the management side of things when running a business. This training was a reminder to take care of the basics and to ensure that our businesses comply.”

News Archive

New violinist for Odeion String Quartet

2013-02-06

Samson Diamond
06 February 2013

The Odeion String Quartet has a new member, a young accomplished violinist with a string of awards to his name. Samson Diamond, who won the Standard Bank Young Artist Award for Music in 2010, has joined the quartet. He is the first male member the quartet has had for about five years. The Soweto-born violinist replaced Denise Sutton, former leader and first violinist. He will lead the quartet, a flagship of the university and the only resident string quartet at a South African university. The other three members are Sharon de Kock (violin), Jeanne-Louise Moolman (viola) and Anmari van der Westhuizen (cello).

Twenty-eight year old Diamond, a graduate of the Royal Northern College of Music in Manchester, UK, says he is looking forward to working with students from the Odeion School of Music. “I am sure there are many talented students here.”

The musician, who obtained both his Bachelor of Music Honours degree and his Masters of Music Performance degree with distinction, will be based in Bloemfontein on a full time basis. As a member of the quartet, he will be giving concerts, coaching chamber music for the various chamber ensembles and will also give individual lessons to some of the violin students at the School.

Diamond, who started playing the violin at age ten, boast a long list of achievements. At age 12, he was leader of the Buskaid Soweto String Ensemble, one of the country's prominent youth projects. He was a founding member of the jazz classical band Quattro Fusion and former leader of the Diamond quartet. He has performed before many distinguished guests, including Queen Elizabeth II, the Duke of Edinburgh and former presidents Nelson Mandela and Thabo Mbeki.

Diamond says being the first male member in years will not bring about a change in the quartet He says it is about the standard of playing and the calibre of music.

“Music is music whether you work with men or women.”

Diamond’s first performance as member of the quartet will be on 21 February 2013. Details about the performance will be communicated later.

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