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20 October 2025 | Story Tshepo Tsotetsi | Photo Supplied
John Bridger Prof Johan Coetzee Roland Rudd Fiat Lux
From left: John Bridger, Old Boys Association Central Committee Board member; Prof Johan Coetzee; and Roland Rudd, Headmaster of Saint Andrews School; at the St Andrews Speech Day awards ceremony on 16 October.

Prof Johan Coetzee, Head of the Department of Economics and Finance at the University of the Free State (UFS), has been named the recipient of the Fiat Lux Award – the highest honour bestowed by St Andrew’s School in Bloemfontein. 

The award, presented at the annual St Andrews Speech Day awards ceremony on Thursday 16 October, recognises Old Andreans (alumni of the school) who have made exceptional contributions to society through professional excellence and personal integrity.

 

A journey of values, excellence, and lifelong connection

Previous recipients of the Fiat Lux Award include notable figures such as former Nedcor CEO Richard Laubscher, palaeoanthropologist, Apartheid activist, and three-time Nobel Prize nominee Prof Phillip Tobias, former President of the American Chamber of Commerce in South Africa Roger Crawford, and Carte Blanche Executive Producer George Mazarakis.

Prof Coetzee, who matriculated from St Andrew’s in 1995, describes the recognition as deeply humbling. “It is difficult to put into words what this means to me. As an Old Boy of St Andrew’s, it puts the seal of approval on the career path I chose – one that started in the corridors of that school 38 years ago,” he says.

He recalls that his school years shaped both his outlook and his work ethic. “The school taught me the importance of teamwork and resilience. It made me realise early on that life is not all rosy, and that one must maintain a balanced perspective – that is what sets St Andrew’s apart.”

For Prof Coetzee, this honour is not only a personal milestone but also a reflection of the close ties between the UFS and local schools of excellence. “It is extremely important for the UFS to maintain strong links with schools like St Andrew’s, which acts as a feeder for future students and athletes. It’s a win-win situation for both institutions,” he says.

He hopes that his recognition will inspire current learners at St Andrew’s to pursue their goals with perseverance. “I hope that this award awakens the drive in the current crop of pupils at Saints to realise that anything is possible – that your background or the setbacks you face do not define you. Also, and perhaps more importantly, that hard work and persistence does pay off.”

Prof Coetzee’s achievement reflects the UFS’ value of Excellence, exemplifying the university’s commitment to nurturing leaders who embody integrity, dedication, and a lifelong pursuit of learning.

News Archive

Fasset continues to fuel academic excellence at the UFS
2017-12-15


  Description: Fasset  read more Tags: Fasset, Accounting, INTRABAS, Finance, South African Institute of Chartered Accountants

  Programme Director: School of Accounting, Prof Hentie van Wyk, and
  Dean: Economic and Management Sciences, Prof Hendri Kroukamp
  excited about the unveiling of the Finance and Accounting Services
  Sector Education and Training Authority (Fasset)
  plaque at the School of Accounting.
  Photo: Rulanzen Martin

The School of Accounting on the Bloemfontein Campus of the University of the Free State (UFS) held an unveiling ceremony for a Finance and Accounting Services Sector Education and Training Authority (Fasset) plaque. The plaque was unveiled by UFS Rector and Vice-Chancellor, Prof Francis Petersen, and Fasset CEO, Lesego Lebuso. This was in honour of Fasset’s partnership with the UFS and its contribution towards driving academic excellence through its Intrabas projects over the past few years.
 
Funding for teaching and learning initiatives
These projects support the development of black student enrolment and performance in Accounting Studies. During the previous year, Fasset gave the UFS R54 million in funding to support teaching and learning initiatives for 960 black Accounting students. These students were enrolled for BAcc, BCom(Acc), BAcc(Hons)/PGDipCA, and BCom(Hons in Acc)/PGDipGA studies. In the same year, a celebratory ceremony was held at the South Campus for 125 Fasset-funded students to celebrate their academic excellence.
 
 Prof Hentie van Wyk, Programme Director: School of Accounting, said, “FASSET funding will give the Centre for Accounting (as it was then called) an opportunity to strengthen our current student-centred teaching model”. This seemed like a prophecy, because at the beginning of 2017, the class of 2016 BAccHons students achieved a 96% pass rate in the 2017 Initial Test of Competence (ITC) examinations of the South African Institute of Chartered Accountants (SAICA).

Millions contributed towards accounting degrees
In 2017, Fasset sponsored 114 students on the Bloemfontein Campus with full bursaries amounting to more than R20 million through the Intrabas bursary fund for degree qualifications in BAccHons, BComHons (Acc), BAcc, BComAcc and BComAcc Extended programmes, as well as the tutorial programme managed by the School of Accountancy. On the Qwaqwa Campus, Fasset has given more than R7 million worth of funding.
 
James Veitch, Senior Officer: School of Accounting, said, “A decision was made to rather fund less students so that they could be assisted with greater effect, and students who did not qualify for the bursaries, would still be assisted through the support programme.”

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