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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

Core herd established on the UFS Experimental Farm
2006-05-24

Seven of the foremost stud-farmers of the Afrikaner Cattle Breeders Society of South Africa, in cooperation with the University of the Free State (UFS), established a core herd on the UFS Paradys Experimental Farm outside Bloemfontein.

Each stud-farmer donated five heifers to the project.  In return, each farmer will annually receive a performance tested bull or semen of a performance tested bull out of the core herd.

With the establishment of the herd, the UFS wants to create a genetically outstanding herd to be used for the training of students, research as well as information sessions for farmers.  All the animals that cannot be used by the herd or the stud-farmers will be made available for auctioning at the UFS Paradys Experimental Farm.  

The herd will be kept under commercial conditions to ensure that only those animals who have adapted can be made available to the industry.  For more information Prof Frikkie Neser can be contacted at (051) 401-9595.

In front from the left are Mr Julian Balt (stud-farmer from  Carletonville), Prof Johan Greyling (Departmental Chairperson: Department of Animal- and Wildlife- and Grassland Sciences), Prof Herman van Schalkwyk (Dean: Faculty of Natural and Agricultural Sciences) and Mr Neels van Rooyen (stud-farmer  from Zastron). At the back from the left are Mr Willem Kooij (stud-farmer  from  Potchefstroom), Messrs Johan and Estian Cronjé (stud-farmers from  Winburg), Mr Willie Cloete (stud-farmer from Vryburg), Prof Frikkie Neser (lecturer at the UFS Department of Animal and Wildlife and Grassland Sciences) and Mr Schalk de Jager (stud-farmer from  Vryburg).

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