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21 June 2024 | Story Precious Shamase | Photo Suplied
Prof Jesse Lutabingwa
Prof Jesse Lutabingwa, the visiting scholar who will be facilitating grant-writing workshops to support third-stream aspirations.

The University of the Free State (UFS) welcomes Prof Jesse Lutabingwa, a visiting Fellow from the Appalachian State University (AppState) in the United States. Prof Lutabingwa arrives under the prestigious Carnegie African Diaspora Fellowship Programme (CADFP), bringing a wealth of experience to support the university's ‘third-income aspirations.’

Prof Lutabingwa’s long-standing connection with the UFS began in 2009 when he played a pivotal role in establishing a collaborative partnership between the two institutions. At the time, he was serving as Associate Vice-Chancellor for International Education and Development at AppState. Now, he returns not as an administrator, but as a faculty member eager to share his expertise and deepen this valuable connection.

"I have always wanted to participate in CADFP to give back to the African continent," Prof Lutabingwa explains. "This fellowship allows me to engage with the UFS community on different issues and contribute to the professional and individual growth of faculty, staff, and students, ultimately serving our communities better."

Empowering through grant writing

A key aspect of Prof Lutabingwa’s fellowship is a series of grant-writing workshops designed to empower UFS faculty, researchers, and postgraduate students, particularly on the Qwaqwa Campus.

"Many find the idea of proposing research grants daunting," Prof Lutabingwa says. "My goal is to elucidate the process. With more than 33 years of experience and more than 65% success rate, I am here to share the knowledge I have gained as a grant writer and reviewer."

These workshops will equip participants with the skills and strategies needed to craft compelling proposals, significantly increasing their chances of securing funding. Access to grants is crucial, Prof Lutabingwa emphasises, as it allows researchers to pursue innovative work that benefits society while offering valuable training opportunities for students.

Collaboration for research impact

Prof Lutabingwa’s contributions extend beyond workshops. He will collaborate with Dr Grey Magaiza, Director of the Centre for Gender and Africa Studies, and other faculty members on co-authoring two research articles. This collaboration aims to strengthen the UFS' research profile and contribute to a more impactful research landscape.

Dr Magaiza highlights the significance of Prof Lutabingwa’s visit: "Jesse is at the heart of the UFS-AppState partnership. Now, as a Carnegie Africa Diaspora fellow, he can engage with us in a new way, pouring his expertise back into this space. His grant-writing workshops and collaborative research efforts will be instrumental in achieving our third-stream aspirations."

Excited about the future

The fellow’s enthusiasm for this fellowship is noticeable when he speaks and engages with colleagues on campus. "Words cannot express my excitement," he shares. "I am grateful for this opportunity to collaborate, engage in research, and connect with various individuals on campus."

The UFS community warmly welcomes Prof Lutabingwa and anticipates a fruitful fellowship that will empower faculty, strengthen research, and propel the UFS – particularly the Qwaqwa Campus – towards achieving its third-income aspirations.

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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