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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!
Achievement for Accounting students
2013-05-08
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Infront: Richard Yang (2013 Academic Clerk), Raymond Cramer (2013 Academic Clerk), Me Jana Lamprecht (Lecture), Prof RonellBritz (Chairperson: Centre for Accounting), Me LizelleBruwer (Lecture), Prof HendriKroukamp (Dean: Faculty of Economic and Management Science), ThembiKganane (2013 Academic Clerk).
Back: Prof CobusRossouw (Lecture), Mr KobusSwanepoel (Lecture), Prof Hentie van Wyk (Program Director: Centre for Accounting) and Robert Bode (2013 Academic Clerk)
08 May 2013 |
The B Acc Honours students of the Centre for Accounting have done very well in the Initial Test of Competence (ITC) examination of the South African Institute of Chartered Accountants (SAICA), when 60 out of 65 students passed. It represents a pass rate of 92%. The overall average pass rate nationally is 74% and 86% for those who wrote the professional examination for the first time.
The Centre for Accounting achieved an average pas s rate of 81% over the last three years. Up till now it is the largest number of UFS students that passed the professional examination in one year. The highest pass rate was achieved in 2008 when 95% of the UFS students passed.