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02 November 2023
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Story Kekeletso Makau
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Photo SUPPLIED
The UFS Heads of Mission Breakfast event attracted a distinguished delegation of foreign diplomatic missions.
The second Heads of Diplomatic Mission breakfast was hosted by the University of the Free State (UFS) in collaboration with the Mapungubwe Institute for Strategic Reflection (MISTRA) in Pretoria, South Africa on 26 October 2023.
The event served as an opportunity to position the UFS as a preferred partner for international collaboration in higher education, research, and innovation – following the success of the inaugural event in 2022. More than ten diplomatic missions were represented by distinguished foreign mission representatives who shared in the deliberations on this year’s theme, namely partnerships and collaborations.
The keynote address was delivered by the UFS Vice-Chancellor and Principal, Prof Francis Petersen, with contributing presentations from MISTRA researcher Laurence Caromba, UFS Professor of Pharmacology, Prof Motlalepula Matsabisa, and Senior Lecturer from the Centre for Gender and Africa Studies, Dr Grey Magaiza. A key goal of Prof Petersen’s presentation was to highlight the benefits of reciprocal collaboration and co-creation of knowledge with international partners, including industry partners. Contributing presentations posited the UFS as a partner of interest in research, innovation, and technology in the international arena and showcased the value of university and diplomatic partnerships in support of the UFS Internationalisation Strategy and Vision 130.
Caromba, a MISTRA researcher, reiterated the importance of collaboration between universities, research institutes, and the diplomatic community, further reaffirming the partnership value proposition entrenched in the UFS-MISTRA collaboration in co-hosting this year’s event. MISTRA, a renowned influential think tank, served as an excellent partner for the event.
The UFS currently boasts more than 100 vibrant international partnerships and is the incumbent coordinator of large EU-funded Erasmus+ projects among South African universities, with UFS researchers having co-authored more than 5 000 scientific publications with universities worldwide (2018-2022).
An engaging question-and-answer session concluded with insights and further action items for continued engagement post the event.
Academic addresses financial planning leaders at world summit
2010-05-04
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| Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), addressing financial leaders at the World Financial Planning Summit. |
Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), is chair to four Financial Planning Standards Board (FPSB) expert panels that guide the global Certified Financial Planning (CFP) certification programme. At the recent World Financial Planning Summit, held in Taipei in China, he challenged a group of global financial planning leaders to support the formation of a global financial planning body of knowledge with sustainable career-path development opportunities.
He said: “For financial planning to be recognised as a distinct professional practice and a global profession, the financial planning community must establish a universal body of knowledge that is supported by applicable in-depth research.
“We need to establish how professional bodies should collaborate with academia to integrate a more competency-based education and training environment that combines theory with practice. Fostering and promoting comprehensive research in financial planning topics is another key challenge that must be addressed in order to develop a tertiary knowledge framework for the financial planning profession.”
Adv. Oosthuizen, who is playing a big role in providing consistent and rigorous education and assessment tools for financial planning in 2010, said that a bachelor’s degree should be a compulsory minimum requirement for practising financial planners.
About the learning curve between the academic and work environments in the financial planning profession, Adv. Oosthuizen said: “Implementing a career-path model that supports a more structured approach to apprenticeships and supervised practice would complement a specialised financial planning body of knowledge and provide entrants to the profession with the necessary theoretical knowledge and practical experience to offer competent and ethical financial planning.”
The World Financial Planning Summit engaged global leaders of more than 17 financial planning standards-setting bodies, as well as regulators, financial planning educators and other invited guests in a dialogue about the steps needed to gain recognition for financial planning as a distinct, global profession.