Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
10 May 2024 | Story Valentino Ndaba | Photo Supplied
Security Policy 2024
Security Policy ensures a safe haven for learning and growth at the University of the Free State.

Fostering an environment conducive to high-quality learning and teaching is paramount at the University of the Free State (UFS). “This commitment extends beyond academic pursuits to encompass the well-being and safety of every member of our university community,” says Cobus van Jaarsveld, Deputy Director of Threat Detection, Investigations, Compliance, and Liaison at the Department of Protection Services.

The university’s dedication to safety in alignment with Vision 130, our Strategic Plan 2023-2028. Protection Services at UFS adheres to a standard of excellence in all aspects of university life. “We prioritise integrity, accountability, and responsibility, striving to create an environment where the happiness and the well-being of our community are central,” adds Van Jaarsveld.

To uphold these values effectively, UFS has initiated a review of the Security Policy, reflecting a renewed approach to safety and security. This policy aims to enhance the UFS experience by ensuring the safety and security of individuals, property, and information across all campuses, satellite sites, and university premises.

Foundational principles

The Security Policy is built upon several core principles. These include a commitment to excellence, ensuring alignment with institutional goals and national legislation, as well as prioritising safety across UFS locations. Partnerships with stakeholders are emphasised to effectively address security challenges. Additionally, the policy highlights universal access, aiming to make safety measures accessible to all members of the university community, including those with disabilities.

Aim and strategies of the policy

The aim of the Security Policy is multifaceted. It seeks to establish a unified approach to safety and security, engaging all pertinent stakeholders in a coordinated effort. Furthermore, the policy endeavours to bolster infrastructure and equip security personnel with the necessary resources to preemptively identify and address potential threats. It also strives to cultivate a culture of heightened security consciousness and active community participation. Compliance with pertinent legislation, particularly in areas such as firearm control, is prioritised. The execution of all security-related functions is entrusted to Protection Services as outlined within the policy framework.

Protection Services personnel are tasked with:

• Identifying and assessing security risks.
• Issuing early warnings and incident reports.
• Responding to emergencies and investigating incidents.
• Developing and implementing security guidelines and protocols.
• Educating and raising awareness within the university community.

• Supporting off-campus students in emergencies and reporting incidents.

At UFS, safety and security are not just policies; they are foundational elements of the university’s commitment to excellence and community well-being. Through collaboration, vigilance, and a proactive approach, the UFS strives to create an environment where everyone can thrive and contribute to a brighter future.

Contact Protection Services 

Bloemfontein Campus Protection Services: +27 51 401 2911 or +27 51 401 2634
South Campus Protection Services: +27 51 505 1217 
Qwaqwa Campus Protection Services: +27 58 718 5460 or +27 58 718 5175

Click to view documentClick here to download the UFS Security Policy.


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