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17 April 2025 | Story Tshepo Tsotetsi
Congratulations to our UFS leaders of the future!

The University of the Free State (UFS) has officially wrapped up its April 2025 graduation season, closing a powerful two-week chapter marked by pride, perseverance, and purpose. Across both its Bloemfontein and Qwaqwa campuses, 7 994 graduates walked the stage, each one carrying with them a story, a struggle, and a celebration.

From Mandela Hall on the Qwaqwa Campus (4–5 April) to the Callie Human Centre on the Bloemfontein Campus (8–12 April), the energy was unmistakable. Applause thundered, gowns flowed, names were called with pride, and ululations filled the air. Some graduates clutched their hard-earned certificates with trembling hands. Others waved to proud families seated in the crowd. But in every moment, one thing was clear: this was not just a ceremony; it was a milestone.

This year, the UFS proudly conferred three honorary doctorates to individuals whose lives and work embody leadership, service, and scholarship:

  • Judge Raymond Zondo, former Chief Justice of South Africa, for his lifelong dedication to justice and transformation in the legal system;
  • Ms Joyce Siwani, social worker and activist, for her powerful legacy in children’s rights and community development; and
  • Prof Toyin Falola, world-renowned historian and scholar, for his outstanding contribution to African knowledge systems and the humanities.

 Alongside these honours, 18 Dean’s Medals were awarded to the highest achievers in each faculty. At the very top stood Jocelyn Smith, who received the Senate Medal – the university’s most prestigious academic award. Smith achieved the highest weighted average across all faculties and graduated with a Bachelor of Science Honours degree in Data Science from the Faculty of Natural and Agricultural Sciences.

But it was not just a celebration of titles. It was a celebration of people. Seventeen members of the Student Representative Council (SRC) also received their qualifications, proving that leadership and academic excellence go hand in hand. And, stepping out from behind lecture-hall podiums and office desks, several academic and support staff members crossed the stage, upgrading their qualifications and proving that learning never stops.

As the UFS journeys toward its future vision – Vision 130 – to be an institution of excellence, care, and impact by 2034, graduations like these serve as a reminder of the human heartbeat behind every strategy, goal, and milestone.

Now, as autumn leaves settle across the Free State, the UFS Class of 2024 walks into their future with heads high, hearts full, and stories that will continue to inspire.

Congratulations, Kovsies!

Watch as each of the honorary doctorate recipients reflects on what the recognition means to them:


WATCH: Dr Joyce Siwani

WATCH: Dr Raymond Zondo

WATCH: Prof Toyin Falola

“Today, I am receiving an honorary doctorate at a university that I never thought I would step into.”

On 9 April 2025, Joyce Siwani was honoured by the University of the Free State with an honorary doctorate in the Faculty of The Humanities, recognising her remarkable journey and contributions in the field of social work.

Watch her share in her own powerful words what this recognition means to her.

Former Chief Justice Raymond Zondo reflects on receiving his honorary doctorate from the University of the Free State Faculty of Law, highlighting the power of education and the urgent need for ethical leadership in Africa.

“Education is the only thing that can really make a meaningful difference to people who are poor, to those who want to change the conditions of living of their communities.”

Watch as Prof Toyin Falola reflects on what it means to receive an honorary doctorate from the University of the Free State Faculty of Law – awarded for his remarkable contributions to African knowledge systems, global scholarship, and decolonial thought.

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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