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30 May 2023 | Story Dr Mpumelelo Ncube | Photo Supplied
Dr Mpumelelo Ncube
Dr Mpumelelo Ncube is a Senior Lecturer in the Department of Social Work, University of the Free State.


Opinion article by Dr Mpumelelo Ncube, Head of Department and Senior Lecturer in the Department of Social Work, University of the Free State.


The year 2023 marks the diamond jubilee of the establishment of the Organisation of African Unity (OAU), currently known as the African Union (AU), which was founded in Addis Ababa. The visionary founders, including President Kwame Nkrumah and Emperor Haile Selassie, aimed to bring about political change in African states and restore the dignity of African people, who had long suffered under colonial subjugation and disenfranchisement. Their vision encompassed a united Africa, free from oppression, governed by self-determination, and destined for prosperity.

Over time, the OAU transformed into the AU, with the intention of accelerating the dream of African unity and eradicating the social, political, and economic challenges that had begun to define African states. Pan-Africanism emerged as a beacon of hope, inspiring many who understood its significance at the organisation's inception. As we reflect on the ideals cherished by the founding fathers and reaffirmed by their successors in 2002, it is crucial to contemplate four of the seventeen aims articulated during the launch of the African Union in Durban.

Unity and solidarity between African countries and their people

Firstly, the AU aims to achieve greater unity and solidarity between African countries and their people. In pursuit of this goal, notable actions have been taken, such as the establishment of the Peace and Security Council (PSC) to maintain peace in conflict zones such as Mali, Sudan, Somalia, and the Central African Republic. Moreover, in response to the COVID-19 pandemic, the AU set up the Africa Medical Supplies Platform (AMSP) to facilitate the procurement and distribution of medical equipment and supplies throughout the continent. While these achievements are commendable, the majority of the other intentions under this aim lack a concrete plan of action, and the lack of sufficient funding is hampering progress. This presents a cause for concern.

Secondly, the AU pledged to defend the sovereignty, territorial integrity, and independence of its member states. Despite the development of intervention instruments to support this aim, the organisation has been found wanting at critical junctures. One cannot forget the adoption of Resolution 1973 by the United Nations Security Council, which authorised national governments or regional organisations to impose a no-fly zone in Libya, ultimately leading to the assassination of Colonel Muammar Gaddafi. Colonel Gadhafi played a pivotal role in the formation of the African Union and declared his vision for the United States of Africa with a single government and one currency. Surprisingly, three AU member states – South Africa, Nigeria, and Gabon – voted in favour of this resolution. Their actions raised doubts about their commitment to defending the sovereignty, territorial integrity, and independence of the AU.

Africa faces a harsh reality

Africa, a continent with immense potential for growth and development, faces a harsh reality that cannot be ignored. Its burgeoning population holds great promise for contributing significantly to its advancement. Additionally, Africa is blessed with abundant mineral resources, the prudent management of which could sustain the developmental aspirations of its people. Furthermore, Africa's expansive land mass and diverse climate present valuable opportunities to address crucial concerns such as food and energy security. It is perplexing that Africa, a continent three times the size of the United States of America, continues to lag behind in all aspects of development. The continent has enormous potential to foster growth and development and to compete on a global scale. Regrettably, it has thus far failed to harness this potential, leaving the dream of African prosperity, initially envisioned by the founders of the OAU (AU) and their successors, frustratingly out of reach.

As we commemorate the diamond jubilee of the OAU's establishment, let it serve as a reminder of the vision and determination of its founders. Their dreams for an Africa united, free from oppression, and governed by self-determination still resonate today. It is our collective responsibility to ensure that these dreams are no longer scuppered, but rather transformed into a vibrant reality of African prosperity.

News Archive

UFS students excel at FPI awards
2009-06-04

 
Top students Annemarie Trinder-Smith and Renier de Bruyn
Photo: Supplied


Two top achievers from the Centre for Financial Planning Law at the University of the Free State (UFS) were crowned nationally as top students by the Financial Planning Institute of Southern Africa (FPI) at a gala ceremony at Emperor’s Palace, Johannesburg, on Tuesday night.

Annemarie Trinder-Smith, a financial planner at Christo Saayman Financial Planners, was the best student in the Postgraduate Diploma in Financial Planning, while Renier de Bruyn, financial advisor at PSG Consult (George) was the best student in the Advanced Postgraduate Diploma in Financial Planning.

They were among 461 students of the Centre for Financial Planning Law at the University of the Free State (UFS) who earlier received their postgraduate diplomas at a ceremony that formed part of the annual FPI convention.

The Centre for Financial Planning Law, which was established in 2001, was the first and for five years the only academic centre in South Africa to present a Postgraduate Diploma in Financial Planning. Today the UFS is still the only institution to present this course through distance learning. The UFS is currently the only institution that offers the Advanced Postgraduate Diploma in Financial Planning.

At the diploma ceremony hosted earlier by the UFS, the following students were named as top achievers in various modules of the Postgraduate Diploma in Financial Planning:
• Mylie Archibald (Financial Planning Environment, Corporate Financial Planning)
• Shaun Matthews (Personal Financial Planning)
• Nicolette van der Linde (Financial Planning Case Study). She also received an FPI prize as top student.

In the Advanced Postgraduate Diploma in Financial Planning, the following students were named as top achievers in various modules by the UFS. They also received FPI prizes in these modules:
• Megan Joan Anika (Fund Governance and Maintenance)
• Sarah Lynn James (Fund Design and Financing)
• Melanie Louw (Personal Risk Management)
• Renier de Bruyn (Estate Planning, Asset Types and Investment Planning)
• Jan Willem Wessels (Principles of Portfolio Planning and Management)

According to Adv Wessel Oosthuizen, Director of the Centre for Financial Planning at the UFS, large companies, banks, insurers and investment managers enroll their staff for these qualifications.

“The two diplomas form the basis for financial planners, brokers, lawyers and bankers to be recognized as certified financial planners - the CFP® status - as well as obtaining membership of the FPI.”

“A qualified financial planner, especially a CFP®, is one of the most sought-after titles in the financial planning sector worldwide. With about 3 700 CFP’s, South Africa has the fifth highest number of certified financial planners in the world,” Adv Oosthuizen said.

Adv. Oosthuizen is well-known nationally and internationally for his contribution to the advancement of financial planning law and financial planning education.

He was recently invited by the Financial Planning Standards Board to serve on an international committee that will evaluate the quality of education in financial planning. He was also the chairperson of a working group that developed guidelines for a standardised international curriculum for financial planners.

Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@ufs.ac.za
04 June 2009
 

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