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03 October 2024
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Story Ansie Barnard
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Photo Supplied
From left to right: Londeka Mkhwanazi, Semither Mkhize, Salima van Schalkwyk, Slindokuhle Ndlovu, Asanda Mpinga, Mantombi Molefe, Ntombinkulu Khumalo, Mosebjadi Chauke and Thembinkosi Mkhwanazi.
The Amrut Foundation, in partnership with the University of the Free State (UFS), successfully hosted its Inaugural Innovathon at the UFS Qwaqwa Campus. This competition is designed to identify and support innovative products and services that not only generate profit but also contribute to the public good, with a strong emphasis on ethical business practices. Through this collaboration, students gain national exposure for their businesses and receive support to create sustainable social enterprises.
Five teams of student social entrepreneurs from the Qwaqwa campus were shortlisted to participate in the regional finals. Their selection was based on ventures that adhered to a social entrepreneurship model and demonstrated plans for long-term profitability and sustainability.
During the Innovathon, a panel of judges from the UFS, the Amrut Foundation, and the Small Enterprise Development Agency (SEDA) selected two outstanding teams to represent the UFS at the national finals, which will take place in October. The winning ventures, Biofly-Pro and Root Rescue were each awarded R20,000 to further develop and expand their initiatives.
Hemang Desai, Executive Director of the Amrut Foundation, expressed his enthusiasm for the event: "Amrut is proud to co-host the Free State leg of the inaugural Innovation Challenge with the UFS. Supporting students with entrepreneurial ambitions that align with societal care is one of our key focus areas."
Dr Grey Magaiza, Senior Lecturer and Deputy Director for the Centre for Gender and Africa Studies at the UFS, highlighted the importance of social entrepreneurship: “Social entrepreneurship is a collaborative effort towards creating sustainable and ethical business processes. The two winning projects embody these principles, and we look forward to their continued growth. In line with our Vision 130, social entrepreneurship can serve as a critical lever for university-community engagement.”
Congratulations to Biofly-Pro and Root Rescue on their well-deserved achievements!
UFS hosts final ANC Centenary Seminar for 2011
2011-11-28
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Prof. Benjamin Turok speaking about the Evolution of Economic Policy Thinking.
Photo: Henco Myburgh
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The African National Congress (ANC) government is faced with the dilemma of an inherited distorted economy. Subsequently South Africa has the most unequal society in the world. That is according to Prof. Benjamin Turok, head of Political Education for the ANC in Parliament. Prof. Turok spoke at an ANC Centenary Dialogue at the Bloemfontein Campus of the University of the Free State (UFS) on 23 November 2011.
Delivering the last lecture of the year in a series of dialogues about the ANC, Prof. Turok said it was hard to swallow that after 100 years there is still inequality. This for a party whose essence is the notion of sharing, as set out in the Freedom Charter. Prof. Turok told the audience in a packed Odeion Theatre that the ANC Centenary provided a moment of reflection. “If we neglect the poor and uneducated and do not interfere and direct investment, we will always have inequality.”
Talking about youth unemployment, Prof. Turok said that no society can live in peace if young people are not employed. He said that he welcomed the energy the ANC Youth League has put in economic policy, but would like to see a youth league economic policy that is scientific.
The ANC Centenary Dialogue series has been hosted by the Centre for Africa Studies and will continue on 15 February 2012.