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03 May 2024 | Story Precious Shamase | Photo Supplied
Human Rights Dialogue
From left Royal house representative Morena Ernest Moloi from Makholokoeng Royal House , Lecholo Nkabiti from the South African Human Rights Commission, Prof Sethulego Matebesi from the Department of Sociology, Zoleka Dotwana, Director of Student Affairs , Gcina Mtengwana program Director for the day and also a lecturer , Ayanda Madiba SRC , Campus Principal Prof Prince Ngobeni and Siyanda Magayana from the Gender Equality and Anti-Discrimination Office.

On 25 April 2024, the University of the Free State (UFS) Qwaqwa Campus held a Round-table Dialogue on Human Rights in collaboration with the Division of Student Affairs, Residence Life, and Human Rights Ambassadors. This event aimed to educate students about their human rights and empower them to stand up for themselves.

The Mopeli, Bakoena, and Batlokwa Royal houses all showed their support by attending the dialogue, emphasised the importance of open discussion in her welcome address. "We want people to share views and engage so that we learn from each other about human rights," Dotwana said.

The dialogue, held at the Kutlwano Gazelle (SHU-7), provided a platform for open discussion about human rights. This discussion is crucial to ensure that students understand their rights and feel equipped to advocate for themselves. The event also aimed to raise awareness about lesser-known rights to prevent students from unknowingly surrendering their power to others.

The round-table discussion included Campus Principal Prof Prince Ngobeni, Prof Sethulego Matebesi from the Department of Sociology, Lecholo Nkabiti from the South African Human Rights Commission, and Siyanda Magayana from the Gender Equality and Anti-Discrimination Office.

Prof Ngobeni spoke about the access to education that students now have in South Africa's democracy, and the government's efforts to ensure this access. He also highlighted the importance of royal leadership, indigenous practices in leading communities, and incorporating these practices to move forward as a country. Additionally, he mentioned the importance of including agriculture in future plans to create more employment opportunities.

Prof Matebesi urged the audience to reflect on the legacy they are leaving behind. "What legacy are we leaving?" he questioned. "We won't live forever, and there will come a time when we can't reflect on these issues."

Lecholo Ntabiti emphasised the importance of pursuing rights and accessing freedoms within a legal framework. "Freedom comes with responsibility," he stressed. "Go vote on 29 May 29 so your voice can be heard in this democracy."

This initiative demonstrates the UFS Qwaqwa Campus' commitment to fostering a well-informed and empowered student body regarding their human rights. The event coincided with South Africa's Freedom Day and the upcoming national elections in May. The dialogue addressed various human rights topics, including economic freedom and freedom of speech.

The engaging round table concluded with a lively question-and-answer session, ensuring that students left the event informed and equipped to advocate for their rights, marking a significant step towards a more empowered student generation on the UFS Qwaqwa Campus.

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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