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15 August 2025 | Story Martinette Brits | Photo Stephen Collett
Prof Yonas Bahta
Prof Yonas Bahta, Professor in the Department of Agricultural Economics at the University of the Free State, delivered his inaugural lecture on the future of agricultural trade and food security, titled Can We Own the Future? The Ever-Changing Dynamics of Agricultural Trade and Food Security Amid Intensifying Agricultural Drought.

With the world hurtling towards a population of 9,7 billion by 2050 – and Africa set to make up more than a quarter of that – the question of whether we can ‘own the future’ has never been more urgent. In his inaugural lecture at the University of the Free State (UFS), Prof Yonas Bahta from the Department of Agricultural Economics warned that climate change, trade tensions, and deepening food insecurity are converging to create unprecedented risks for farmers, economies, and communities.

“We find ourselves at a pivotal moment in human history, characterised by the intersection of climate change, particularly agricultural drought, resource scarcity, geopolitical instability, and the current trade reciprocal tariff, all of which pose significant threats to the foundational structures of global food systems,” he said.

 

From vulnerability to agency

Prof Bahta highlighted the stark reality that the world population is projected to reach 9,7 billion by 2050, with Africa constituting 2,5 billion. “Despite this growth, the agricultural sector predominantly operates at a subsistence level, with diminishing resources available to farming communities, especially smallholder farmers who rely on agriculture as their primary source of employment and sustenance.”

In South Africa, climate change – particularly agricultural drought – is affecting both commercial and smallholder farmers, with cascading effects on food security, employment, and livelihoods. Coupled with disease outbreaks, these factors lead to reduced crop yields, supply shocks, and trade imbalances that ripple through the economy.

Food insecurity remains a critical concern, with approximately 15 million South African households experiencing moderate to severe food insecurity – a figure even higher (25,5%) among households engaged in agricultural activities. Prof Bahta emphasised that these challenges are compounded by “institutional barriers such as the current trade reciprocal tariff by the USA, limited access to credit, crop and livestock insurance, inadequate road infrastructure, and electricity shortages”.

Despite these challenges, Prof Bahta sees clear opportunities. He pointed to Africa, including South Africa’s extensive arable land; research and innovation have highlighted the benefits of integrating traditional techniques with modern approaches such as climate-smart agriculture and its membership of BRICS and other trading partners as levers for resilience and growth. “Securing the future is not about mere assertion but about the stewardship of markets, data, and people,” he said. By aligning trade policy, drought preparedness, and social protection within robust institutions, “the country can transition from vulnerability to agency, from passively observing the future to actively shaping it. In doing so, we may indeed assert with integrity that ‘We own the future’.”

 

About Prof Yonas Bahta

Prof Yonas Bahta is a Professor and NRF-rated researcher in the Department of Agricultural Economics at the University of the Free State. He joined the UFS as a researcher in 2014 and has supervised more than 42 postgraduate students (both MSc and PhD), of whom 29 have completed their studies (10 PhD and 19 MSc).

He holds a PhD (2007) and MSc (2004, with distinction) in Agricultural Economics from the UFS, and a BSc (1994) in Agricultural Economics from Haramaya University, Ethiopia. Prof Bahta serves on the editorial boards of several journals, acts as a reviewer and guest editor, and is a member of several national and international professional bodies.

His work has been recognised with an award from the African Growth and Development Policy Modelling Consortium (AGRODEP), and in 2024 he was rated among the top 2% of researchers globally by Elsevier.

News Archive

UFS students excel at FPI awards
2009-06-04

 
Top students Annemarie Trinder-Smith and Renier de Bruyn
Photo: Supplied


Two top achievers from the Centre for Financial Planning Law at the University of the Free State (UFS) were crowned nationally as top students by the Financial Planning Institute of Southern Africa (FPI) at a gala ceremony at Emperor’s Palace, Johannesburg, on Tuesday night.

Annemarie Trinder-Smith, a financial planner at Christo Saayman Financial Planners, was the best student in the Postgraduate Diploma in Financial Planning, while Renier de Bruyn, financial advisor at PSG Consult (George) was the best student in the Advanced Postgraduate Diploma in Financial Planning.

They were among 461 students of the Centre for Financial Planning Law at the University of the Free State (UFS) who earlier received their postgraduate diplomas at a ceremony that formed part of the annual FPI convention.

The Centre for Financial Planning Law, which was established in 2001, was the first and for five years the only academic centre in South Africa to present a Postgraduate Diploma in Financial Planning. Today the UFS is still the only institution to present this course through distance learning. The UFS is currently the only institution that offers the Advanced Postgraduate Diploma in Financial Planning.

At the diploma ceremony hosted earlier by the UFS, the following students were named as top achievers in various modules of the Postgraduate Diploma in Financial Planning:
• Mylie Archibald (Financial Planning Environment, Corporate Financial Planning)
• Shaun Matthews (Personal Financial Planning)
• Nicolette van der Linde (Financial Planning Case Study). She also received an FPI prize as top student.

In the Advanced Postgraduate Diploma in Financial Planning, the following students were named as top achievers in various modules by the UFS. They also received FPI prizes in these modules:
• Megan Joan Anika (Fund Governance and Maintenance)
• Sarah Lynn James (Fund Design and Financing)
• Melanie Louw (Personal Risk Management)
• Renier de Bruyn (Estate Planning, Asset Types and Investment Planning)
• Jan Willem Wessels (Principles of Portfolio Planning and Management)

According to Adv Wessel Oosthuizen, Director of the Centre for Financial Planning at the UFS, large companies, banks, insurers and investment managers enroll their staff for these qualifications.

“The two diplomas form the basis for financial planners, brokers, lawyers and bankers to be recognized as certified financial planners - the CFP® status - as well as obtaining membership of the FPI.”

“A qualified financial planner, especially a CFP®, is one of the most sought-after titles in the financial planning sector worldwide. With about 3 700 CFP’s, South Africa has the fifth highest number of certified financial planners in the world,” Adv Oosthuizen said.

Adv. Oosthuizen is well-known nationally and internationally for his contribution to the advancement of financial planning law and financial planning education.

He was recently invited by the Financial Planning Standards Board to serve on an international committee that will evaluate the quality of education in financial planning. He was also the chairperson of a working group that developed guidelines for a standardised international curriculum for financial planners.

Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@ufs.ac.za
04 June 2009
 

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