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09 November 2023 | Story Prof Matie Hoffman

A decade ago, the former Lamont-Hussey Observatory in Bloemfontein became Southern Africa’s first digital planetarium. Thanks to a collaboration between the University of the Free State (UFS), the Mangaung Metropolitan Municipality, the Department of Science and Innovation, and the Free State Province – as well as donations from trusts, foundations, and businesses – the project has grown and thrived.

Many different shapes, one place

The Naval Hill Planetarium was established in the old Lamont-Hussey Observatory. After the closure of the astronomical observatory, the buildings were refurbished and used by PACOFS as the Observatory Theatre. When the site became available again, it was envisioned to turn it into a planetarium. After many years of hard work, the newly refurbished buildings were opened in 2013 as the Naval Hill Planetarium – the first digital planetarium in Africa south of the Sahara. 

The decade has seen many changes on the site of the former Lamont-Hussey Observatory, founded by the University of Michigan in 1927 to study double stars through the largest refracting telescope in the Southern Hemisphere. Improvements include the conversion of the old telescope building into a modern digital planetarium, the refurbishment of the structure of the old Lamont telescope and its installation as a display outside the old telescope dome, an observing platform, and a new hall for environmental education. The planetarium and the hall are now known as the Centre for Earth and Space, and developments are continuing.

Partners who have supported the project include the American Museum of Natural History (AMNH), the University of Michigan, Old Mutual, Sun International, the Hermann Ohlthaver Trust, ArcelorMittal, the Joan St Leger Lindbergh Charitable Trust, and the CB van Wyk Gesinstrust. In 2022, the Raubex Group and First Technology supported the University of the Free State to upgrade the planetarium’s projection system. Volunteers, including the Friends of the Boyden Observatory and the Naval Hill Planetarium, as well as the Friends of Franklin, have played an invaluable role in supporting and developing this community asset. The planetarium is managed by the Department of Physics at the University of the Free State.

A time to celebrate

During November and December 2023, the planetarium’s first decade will be celebrated with events and special shows, including the South African premier of the AMNH full-dome film, Worlds Beyond Earth. The board of the Southern African Large Telescope (SALT) – the largest single optical telescope in the Southern Hemisphere – will attend the premiere. Many international partners are involved in SALT, and AMNH is one of the shareholders in the SALT Foundation. As part of the partnership between the AMNH and SALT, AMNH provides sponsorship for education and outreach efforts in South Africa. The Naval Hill Planetarium benefits from this initiative and receives content for the planetarium in the form of AMNH full-dome films.

In addition to regular school shows, there will be two public shows every Saturday in November and December – one show in English and one in Afrikaans. In December, there will be additional shows for children. Bookings for shows should be done through Computicket, click here to book. The planetarium can accommodate group bookings and functions (enquiries at +2 51 401 9751 or ficky@ufs.ac.za).

News Archive

Producers to save thousands with routine marketing strategies, says UFS researcher
2014-09-01

 

Photo: en.wikipedia.org

Using derivative markets as a marketing strategy can be complicated for farmers. The producers tend to use high risk strategies which include the selling of the crop on the cash market after harvest; whilst the high market risks require innovative strategies including the use of futures and options as traded on the South African Futures Exchange (SAFEX).

Using these innovative strategies are mostly due to a lack of interest and knowledge of the market. The purpose of the research conducted by Dr Dirk Strydom and Manfred Venter from the Department of Agricultural Economics at the University of the Free State (UFS) is to examine whether the adoption of a basic routine strategy is better than adopting no strategy at all.

The research illustrates that by using a Stochastic Efficiency with Respect to a Function (SERF) and Cumulative Distribution Function (CDF) that the use of five basic routine marketing strategies can be more rewarding. These basic strategies are:
• Put (plant time)
• Twelve-segment pricing
• Three-segment pricing
• Put (pollination)(Critical Moment in production/marketing process), and
• Pricing during pollination phase.

These strategies can be adopted by farmers without an in-depth understanding of the market and market-signals. Farmers can save as much as R1.6 million per year on a 2000ha farm with an average yield.

The results obtained from the research illustrate that each strategy is different for each crop. Very important is that the hedging strategies are better than no hedging strategy at all.

This research can also be applicable to the procurement side of the supply chain.

Maize milling firms use complex procurement strategies to procure their raw materials, or sometimes no strategy at all. In this research, basic routine price hedging strategies were analysed as part of the procurement of white maize over a ten-year period ranging from 2002–2012. Part of the pricing strategies used to procure white maize over the period of ten years were a call and min/max strategy. These strategies were compared to the baseline spot market. The data was obtained from the Johannesburg Stock Exchange’s Agricultural Products Division better known as SAFEX.

The results obtained from the research prove that by using basic routine price-hedging strategies to procure white maize, it is more beneficial to do so than by procuring from the spot market (a difference of more than R100 mil).

Thus, it can be concluded that it is not always necessary to use a complex method of sourcing white maize through SAFEX, to be efficient. By implementing a basic routine price hedging strategy year on year it can be better than procuring from the spot market.

Understanding the Maize Maze by Dr Dirk Strydom and Manfred Venter (pdf) - The Dairy Mail


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