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Online participation: International Interdisciplinary Security of Land Tenure Conference

03 May 2024 | Story Valentino Ndaba | Photo Supplied

The Law Faculty is excited to host the International Interdisciplinary Security of Land Tenure (IISLT) Conference and extends an invitation for broad online institutional engagement in the event. Participants are encouraged to register early to secure their virtual presence and bookmark the link, which grants access throughout the conference days from 6 to 8 May 2024.

Conference Link

See the attached final conference programme.

Conference Programme

The University of the Free State (UFS), in collaboration with esteemed research partners, will host the IISLT Conference scheduled for 6-8 May 2024 on the Bloemfontein Campus, Equitas Building. The conference aims to address the pervasive issue of insecure land rights plaguing rural communities in South Africa, despite constitutional safeguards and landmark legal decisions.

Transforming the rural land economy

Under the theme Transforming the rural land economy: the creation of secure land rights for the enhancement of rural livelihoods and sustainable development, the conference seeks to explore solutions to the complex challenges surrounding land tenure security.

Dr Anthea-Lee September-Van Huffel, Lecturer in the UFS Department of Private Law and a member of the IISLT Planning Committee, emphasised the importance of interdisciplinary approaches to address land tenure security issues. She stated, "Security of land tenure requires an interdisciplinary approach that is conscious of the intersectionalities between property, environmental law and conservation, customary law and succession, gender and traditional practices, natural resources and socio-economic rights, development, agriculture and land reform, poverty, politics and governance. It is time for innovative holistic rights-based solutions."

The conference proudly collaborates with international and national research partners such as Anglia Ruskin University in London, England; Imo State University in Owerri, Nigeria, the National University of Lesotho's United Nations Development Programme Human Rights Chair, Lesotho; the Law Faculty of the University of Ilorin, Nigeria; the University of Stellenbosch, Department of Private Law, and the Free State Centre for Human Rights. Other closely associated research collaborators are Public Affairs Research Institute and the UFS Centre for Development Studies.

The International Interdisciplinary Security of Land Tenure Conference presents a unique platform for stakeholders to engage in critical discussions, share insights, and propose innovative solutions towards securing land rights for rural communities and fostering sustainable development. Join us for this pivotal event aimed at transforming the rural land economy for the betterment of society. The conference is strongly aligned with Vision 130 and the Sustainable Development Goals (8) Economic growth, (10) Reduced inequalities, (11) Sustainable communities, and (15) Life on land.

Contact information:

For general enquiries, contact Riekie Viljoen via email at viljoenr@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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