Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
03 November 2023 | Story André Damons | Photo SUPPLIED
SDG Competition 2023
From left: Dr Brandon van Rooyen, Dr Anathi Makamane, Dr Yolandi Schoeman and Daniel Naudé participated and won the SDG Challenge South Africa. Pieter Bruwer is absent from the photo.

A team of exceptional students from the University of the Free State (UFS) has claimed victory in the prestigious SDG Challenge South Africa, a global competition that unites students and organisations to address the United Nations Sustainable Development Goals (UNSDGs). This remarkable achievement not only underscores the skill and dedication of UFS students but also reinforces their commitment to forging a more sustainable and equitable world.

The group of students from different disciplines within the Faculty of Natural and Agricultural Sciences (NAS), came up with an interdisciplinary and forward-thinking approach which contributed significantly to their victory. The team members, including Pieter Bruwer, Dr Anathi Makamane, Dr Brandon van Rooyen (all from Sustainable Food Systems and Development), Daniel Naudé (Department of Agriculture Economics), as well as Dr Yolandi Schoeman (a postdoctoral fellow in the Centre for Environmental Management (CEM) from the Faculty of Natural and Agricultural Sciences, each brought their unique expertise to the challenge.

Prof Jan Willem Swanepoel, Associate Professor in the Department of Sustainable Food Systems and Development within the Faculty of Natural and Agricultural Sciences, provided invaluable mentorship to the team. The students were also supported by Robyn Mellett from OMI Solutions.

Dr Schoeman says the SDG Challenge, designed to confront global challenges, connects students and organisations from across the globe, fostering collaboration towards achieving the UNSDGs, which encompass critical issues such as climate change and the reduction of global inequalities. Teams from South African universities, including the University of Cape Town, Stellenbosch University, and the University of KwaZulu-Natal, partnered with leading companies to address specific challenges tied to their corporate missions.

Develop a waste management strategy

Team UFS joined forces with Ivanhoe Mines, a prominent mining company operating in the Democratic Republic of Congo to develop a waste management strategy for the Kamoa-Kakula Copper Complex. This endeavour was laden with complexities due to the limited waste management options available in the area. The challenge was not just about managing multiple waste streams from the mining complex, but also about addressing socioeconomic and biodiversity challenges stemming from the burgeoning population in the region, which led to a range of environmental concerns.

“In response, the UFS team innovatively conceived ÉcoFlotille, a solution that not only tackled essential waste management issues but also promoted biodiversity net gain. The plan extended its reach to support local agribusinesses and small and micro-enterprises through the repurposing and reuse of waste materials, while presenting a unique biofinancing opportunity. The EcoFlotille solution represents a distinctive aspect of their triumphant journey.

“ÉcoFlotille not only aligns with the SDGs but also plays a crucial role in realising the vision of the Kunming-Montreal Global Biodiversity Framework, which emphasises the conservation and sustainable use of biodiversity. Additionally, it aligns with the goals of Agenda 2063 for Africa, striving to advance the continent’s development objectives and create a prosperous and harmonious future for the region,” says Dr Schoeman. 

The scalability of ÉcoFlotille across Africa holds great promise. Its innovative waste management approach and biofinancing potential could serve as a model for addressing similar challenges in diverse regions of the continent. This opens up opportunities for wider adoption and positive impacts throughout Africa.

Creating a more sustainable and equitable world

The SDG Challenge South Africa is an integral part of Soapbox’s global mission to mobilise university students and organisations in working collaboratively toward the UNSDG. These goals aim to address the world’s most pressing challenges, requiring collective efforts to achieve sustainable economic growth, environmental sustainability, and social inclusion by 2030.

The UFS’s remarkable success in the SDG Challenge not only highlights the university’s dedication to fostering global citizenship and sustainability but also underscores the remarkable potential of its students in driving positive change in Africa and the world.

According to Dr Schoeman, the UFS team’s victory in the SDG Challenge stands as a testament to their unwavering commitment to creating a more sustainable and equitable world. Their innovative solution, ÉcoFlotille, serves as a beacon of hope, illustrating how the vigour and ingenuity of the younger generation can propel us closer to realising the UNSDG by 2030, effectively ticking all 17 SDG boxes.

Solving a real-world problem

Prof Swanepoel says the SDG Challenge is a global competition that unites students and organisations to address the UNSDGs. These goals encompass some of the most pressing challenges facing our world today, such as climate change, poverty, and inequality.

According to him, by participating in the SDG Challenge, the UFS students had the opportunity to apply their knowledge and skills to solve a real-world problem experienced by one of the biggest mining houses in the world. They gained valuable experience in collaborating with the private sector.

“I am immensely proud of the students' achievement in the prestigious Soapbox SDG Challenge South Africa. Their interdisciplinary approach and forward-thinking mindset are a testament to the calibre of education and mentorship they receive at the UFS,” Prof Swanepoel says. 

“Furthermore, I am confident that the skills and experience gained through the SDG Challenge will help the students to make a positive impact on the world. They are the next generation of leaders who will be responsible for addressing the complex social and environmental challenges Africa face. I also believe that coming out as victors in this competition would open more doors for them and the university in the private sector.”

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


We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept