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19 July 2024 | Story Lunga Luthuli | Photo Sonja Dlamini and Nokuthula Tshabalala
Kovsie Model United Nations 2024
Delegates at the 2024 Kovsies Model United Nations Summit engage in UN simulations, fostering international understanding and innovative problem-solving at the University of the Free State.

The University of the Free State (UFS) recently hosted the third annual Kovsies Model United Nations (KMUN) Summit, attracting delegates from universities and TVET colleges across South Africa.

This year's event, themed 'Building Sustainable Bridges for the World We Want', took place from 12 to 14 July 2024 and offered students the chance to engage in United Nations (UN) simulations to develop a deeper understanding of international affairs and innovative problem-solving. These UN simulations included the General Assembly, the Economic and Social Council, the Security Council, the UN Human Rights Council, and UNESCO.

Unique African solutions

The summit's keynote address was delivered by Deputy Minister of Higher Education and Training Buti Manamela. He stressed the importance of addressing global challenges in an African context, highlighting the role of youth in achieving the Sustainable Development Goals (SDGs), and why education lies at the heart of making this possible.

Manamela noted that the African Union (AU) had declared 2024 ‘The Year of Education’, emphasising the need for resilient and education systems that equip African youth with skills and knowledge for the modern world.

"Our problems in Africa are not different from the rest of the world; however, the solutions that are required must respond to the material conditions and the historical realities of our continent," he said.

Localise development goals

Dibolelo Mance, Free State MEC for Public Works and Infrastructure, also addressed the summit, urging youth to use the SDGs as an impetus to enhance their own communities and participate in global movements.

She highlighted local initiatives aimed at empowering young people to take active roles in their communities, using the SDGs as a development framework.

Policy partnership key for change

Dr Kevin Naidoo, Deputy Director-General of Policy, Governance, and Administration in the Department of Cooperative Governance and Traditional Affairs, stressed the role of youth as policy partners in implementing the UN SDGs and the AU’s Agenda 2063. He encouraged delegates to inspire change and actively participate in policymaking processes, advocating for a more inclusive and participatory approach to governance.

The KMUN Summit gave young leaders a platform to engage in meaningful discussions and develop critical skills. The event reaffirmed the importance of youth leadership in global affairs, highlighting their crucial role in shaping a better future.

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UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23

 Description: UFS and BMF present a crash course on Financial Literacy  Tags: UFS and BMF present a crash course on Financial Literacy

Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.

For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.

Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.

Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.

“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.

Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.

BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.

BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.

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