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08 November 2024 | Story Jacky Tshokwe | Photo Supplied
Kingdom Vision Foundation 2024
The Kingdom Vision Foundation (KVF) management team took part in the annual Social Impact Innovation Awards organised by the SAB Foundation.

In September, the Kingdom Vision Foundation (KVF) management team took part in the annual Social Impact Innovation Awards, organised by the SAB Foundation. This competition included a three-day workshop, during which participants received mentorship on enhancing their business models to maximise sustainable impact. Participants also crafted a four-minute business pitch, which they delivered to a panel of independent judges from sectors such as business, health, education, and government. At the end of the workshop, winners were chosen based on the impact of their innovation, the strength of their business model, and the likelihood of future success.

On 10 October, the management team attended the Innovation Awards Ceremony, where KVF was honoured with the Development Award worth R700 000. In addition to the grant, KVF will participate in a 15-month business coaching and mentorship programme in 2025, through which the SAB Foundation’s coaching team will support them in expanding and scaling their impact across South Africa.

The funding will enhance both the Kovsie Health and Anchor of Hope eye clinics, which are collaborating with the University of the Free State (UFS) Department of Optometry to provide affordable eye care to thousands of students and community members. The project aims to improve the quality of education for Optometry students, helping them experience the positive change they can drive through social impact. KVF’s vision includes a future at Kovsie Health where every student’s visual needs are met, regardless of financial constraints, and a thriving Anchor of Hope clinic that brings the gift of sight and renewed hope to rural communities around Bloemfontein.

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UFS cancels lease contract with House Abraham Fischer Company
2015-01-23

UFS cancels lease contract with House Abraham Fischer Company

The management of the University of the Free State (UFS) terminated the lease contract with the House Abraham Fischer company (HAF) on the Bloemfontein Campus during December 2014.

The HAF company has been managing the Abraham Fischer men’s residence as independent provider of student accommodation on the campus for a considerable time.

The decision to terminate the lease contract was taken because the company was unable to meet its financial obligations of more than R700 000 in overdue rent to the university for quite some time. Over the past few years, the management of the UFS had several discussions with the board on this matter. HAF’s inability to make payment has obliged the university to intervene in order to ensure that services to residents of the residence would be continued uninterrupted. 

The termination of the lease contract means that the Department of Housing and Residence Affairs at the UFS will be taking over the management and finances of the residence, and will also be handling the placement of students in the residence from now on. The takeover is effective as from 1 January 2015.

The UFS informed senior and first-year students of the change in management on Friday 23 January 2015.

Students’ accommodation in the residence is in no way affected by the change in management.

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