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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

UFS lodges appeal against judgment handed down on 12 September 2016 regarding its new Language Policy
2016-09-16

The University of the Free State (UFS) takes cognisance of the decision of the High Court in Bloemfontein on Monday 12 September 2016 in respect of the AfriForum and Solidarity application to halt the implementation of the UFS’ new Language Policy, pending the finalisation of the appeal process.

The legal advice received by the university management is that the 21 July 2016 judgment, with respect, errs in a number of areas and thereby sets legal precedent which is problematic. Furthermore, the Full Bench stated on Monday in a second application that they had been persuaded that compelling reasons existed that another court might come to a different decision, thereby granting the UFS leave to appeal the 21 July 2016 judgment.

The UFS has, under the circumstances, lodged an appeal in the Supreme Court of Appeal against the order and reasons therefore handed down on 12 September 2016, which allows the implementation of its earlier judgment.

The UFS further intends to lodge an appeal to the Supreme Court of Appeal against the judgment of 21 July 2016, if direct access is not granted by the Constitutional Court, in order to protect its interests as well as the interests of its community.

Related articles:
Implications of new Language Policy for first-year students in 2017: 17 October 2016
UFS to proceed with appealing to Supreme Court of Appeal regarding new Language Policy: 29 September 2016
UFS to lodge application to appeal judgment about new Language Policy: 22 July 2016
High Court ruling about new UFS Language Policy: 21 July 2016
UFS Council approves a new Language Policy: 11 March 2016

 
Released by:
Lacea Loader (Director: Communication and Brand Management)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za
Fax: +27 51 444 6393

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