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18 May 2023 | Story KEKELETSO TAKANG | Photo PEXELS
Faculty of Economic and Management Sciences promotes student engagement and employability

The University of the Free State’s (UFS) drive towards student engagement and graduate employability necessitates the development and implementation of value-adding initiatives. One such initiative is the Business Management Start-up offered by the Faculty of Economic and Management Sciences.

The initiative is not only aimed at getting potential (nascent) entrepreneurs (students, lecturers, stream of external entrepreneurs) actively involved in entrepreneurship, but also to keep them engaged and take them through a value chain to enable them to establish and run a sustainable business. The Business Management Start-Up Initiative will equip students with practical experience, along with the theoretical knowledge that they will accumulate, thus delivering resilient, capable, proudly Kovsie students to industry.

Students will fundamentally understand how business works, improving their employability when they enter a business as employees, and providing them with the skills to become self-employed.

Students can look forward to several interactive sessions with knowledgeable presenters, who will guide them through a well-structured process to continuously evaluate their business ideas against the knowledge gained. Moreover, the active involvement of mentors implies that students will have access to expert sounding boards for advice and motivation. Lastly, due to the partnerships with external stakeholders, students will be exposed to ‘real-life’ industry situations, exposing them to a wealth of industry-specific knowledge.

And just in case that is not enough to get you excited, let the possibility of funding for your new venture be the last drop of motivation you need to fill your tank for action!

Come join the Business Management team every Wednesday between 13:00 and 14:00 in the Flippie Groenewoud Gebou (FGG) 378 to be part of this exciting opportunity!

For more information on the initiative and the topics, click here.

News Archive

UFS cancels lease contract with House Abraham Fischer Company
2015-01-23

UFS cancels lease contract with House Abraham Fischer Company

The management of the University of the Free State (UFS) terminated the lease contract with the House Abraham Fischer company (HAF) on the Bloemfontein Campus during December 2014.

The HAF company has been managing the Abraham Fischer men’s residence as independent provider of student accommodation on the campus for a considerable time.

The decision to terminate the lease contract was taken because the company was unable to meet its financial obligations of more than R700 000 in overdue rent to the university for quite some time. Over the past few years, the management of the UFS had several discussions with the board on this matter. HAF’s inability to make payment has obliged the university to intervene in order to ensure that services to residents of the residence would be continued uninterrupted. 

The termination of the lease contract means that the Department of Housing and Residence Affairs at the UFS will be taking over the management and finances of the residence, and will also be handling the placement of students in the residence from now on. The takeover is effective as from 1 January 2015.

The UFS informed senior and first-year students of the change in management on Friday 23 January 2015.

Students’ accommodation in the residence is in no way affected by the change in management.

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