Communiké 2011 Fakulteit

Communiké Leadership Staff Research Partnerships and Community Engagement Students Teaching FAKULTEIT EKONOMIESE EN BESTUURSWETENSKAPPE | FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES 2011 1 communiké 2011 Fakulteit Communiké is issued by the Faculty of Economic and Management Sciences, University of Pretoria. Alumni and stakeholders of the Faculty of Economic and Management Sciences receives Communiké free of charge. Opinions that are expressed in this publication are not necessarily the opinions of the Faculty. EDITORS Doret van der Westhuizen Lynette van Niekerk Liesl Oosthuizen Sonja van der Waldt PRODUCTION ChilliDesign 012 332 3833 PRINTING Seriti Printers 012 333 9757 ACKNOWLEDGEMENT The Faculty of Economic and Management Sciences would like to express its sincere thanks to all who contributed to the publication. 2011 communiké 2 Contents LEADERSHIP RESEARCH 6 From the Dean 29 The Faculty active at conferences 7 Inaugural address of Prof Steve Koch 31 The biggest gift ever 8 A time to celebrate 32 Monetary economics and macroeconomics modelling workshop 10 Prof Koornhof takes up position in executive 32 Local Climate Solutions for Africa 11 A visit by the Advisory Board 33 Best fi rst article published award 34 A founder member of the South African young Academy of STAFF Science 13 The Department of Auditing bids farewell to Prof Dieter Gloeck 35 ATI collaborates with the Lincoln Institute of Land Policy 14 Awards for excellence 36 The Faculty shares knowledge 15 Achievements of staff members 40 How to write a world-class paper 17 Gené van Heerden returns to the Department of Marketing and 41 Unlocking the SAVE tourism potential of South Africa Communication Management 41 An outstanding reviewer 17 In Memoriam 42 Doctoral student awarded prestigious Norton Rose Prize 18 South African guest lecturer wins best teaching award 19 PhD study bursary and research in Europe TEACHING AND LEARNING 20 A leader of note 44 Student Conferences 21 Award for exceptional services 45 Thuthuka 4DEF Challenge 2011 46 An experimental learning day STUDENTS 47 Fraud and corruption risks discussed 23 Outstanding achievements honoured 48 Business clinic opens its doors 23 Thuthuka Graduation 2011 50 Visitors to the Faculty 24 Tuks fi nalists in the annual Budget Speech Competition 51 Advanced CGE Modelling Course 25 The MPhil(Taxation) pays dividends 52 Site visit to Mercedes-Benz and Caterpillar 26 MC Experience awarded 53 Responsible leaders can be developed 54 UP team wins local CFA Institute Research Challenge 3 communiké 2011 Contents 55 A new Assessment Centre Facility 66 Progress through sharing 56 Tax skills 67 Collaboration between Albert Luthuli Centre for Responsible 57 Learning through facebook Leadership and Harvard Business School 57 Following the ﬂ ower route of South Africa 68 Postdoctoral studies at the Booth School of Business 58 Department of Auditing undergoes external evaluation 69 Albert Luthuli Centre for Responsible Leadership launched 60 Marketing students win Gold Assegai Award 70 Visit to the Monash University in Melbourne 61 New short course on Fiscal Regime 70 Public lecture by Gauteng MEC of Education 71 Visit by the South African Reserve Bank PARTNERSHIP and COMMUNITY 72 An exceptional Fulbright Scholar ENGAGEMENT 73 A South Africa-Netherlands research programme 63 School principals welcomed on campus 74 Department of Taxation training partnerships 63 A mountain of blankets 75 Collaborative research project 64 Van Schaik Publishers donates to the Thuthuka programme 76 Renowned accounting professor at UP 65 Career fairs for students 77 Fifth IAEP Leadership and Networking conference 2011 communiké 4 LEADERSHIP 5 communiké 2010 LEADERSHIP number of National Research academic areas in the medium From the Dean’s desk Foundation (NRF) rating appli- to long term. cations were submitted at the The year 2011 was surely close to the heartbeat of end of 2011. We are extremely not without its diffi culties. The the Faculty. proud of all the young and University of Pretoria switched upcoming researchers who to a new administrative system, The year 2011 was a high- have achieved excellent results which brought about many chal- ly successful year in many during 2011. lenges for the staff members and respects for both the staff and The Faculty of Economic and more specifi cally the administra- students of the Faculty. Management Sciences made tive staff of the Faculty. Yet they The Faculty Plan for 2012 great strides forward in teaching persevered and concurred. was aligned with the Univer- and learning and embarked on I could continue to list the sity of Pretoria’s 2012-2025 a road of aligning the degree numerous highlights of 2011, Strategic Plan. We are focusing programmes offered by the but I invite you to read this on more research outputs of a Faculty with South African publication to learn more higher quality, as well as more Qualifi cations Authority (SAQA) about the activities, successes and better international colla- and National Qualifi cations and achievements of the staff boration. We are also working Framework (NQF) requirements. and students of the Faculty of towards recruiting top students Prof Jan van Heerden, Acting This all happened under the Economic and Management that will result in delivering top Dean: Faculty of Economic and leadership of Prof Karel Stanz, Sciences. graduates to the market. The Management Sciences. Chairperson of the Teaching I would like to express my ap- articles in the 2011 Commu- and Learning Committee, and preciation to the members of staff niké are clear evidence that the I had the privilege to serve Mrs Alet Carstens, our Head of and students who have contri- Faculty is already implementing as Acting Dean of the Student Administration. buted to this edition of Commu- this plan successfully. Faculty of Economic and After months of planning and niké. I would also like to thank Research support ﬂ ourished Management Sciences negotiating, the Department the staff members of the Faculty under the leadership of Prof for eleven months during of Economics moved into the of Economic and Management Stella Nkomo, Chairperson 2011. At the end of this “Tukkiewerf” building. This Sciences for their support during of the Research Committee. exciting term I realise that move created much needed my eleven months in the Dean’s Research outputs grew in num- the Dean’s offi ce is at the space in the Faculty’s building offi ce. It was a privilege to work ber and quality and a record centre of much activity – to allow for growth in strategic with all of you! 2011 communiké 6 LEADERSHIP Inaugural Address of Prof Steven Koch at Oregon State University in ment can be the best economics Corallis. Thereafter he enrolled at department in South Africa; more the Pennsylvania State University importantly, it should be. Not where he completed a Master of only that, it should also be high- Arts degree in Economics and ly respected world wide. In order a PhD in Economics. The title to get there, we will develop and of the thesis was “Essays on raise our core competence in Left to right: Prof Cheryl de la Rey, Vice-Chancellor and Principal of intertemporal complementarity both applied microeconomics the University of Pretoria, Prof Steven Koch, Head of the Depart- and market structure.” and applied macroeconomics, ment of Economics and Prof Jan van Heerden, Acting Dean of the In the course of his career, Prof and, since we live in a middle- Faculty of Economic and Management Sciences. Koch has acted as a consultant income developing country, we Prof Steven Koch, Head bing the Department’s pillars for, among others, Eli-Lilly and will not forsake issues related of the Department of of quality research, quality Co., the South African Depart- to development. In particular, Economics, delivered his teaching and impactful marke- ment of Labour, the European our goal is to leverage our inaugural address during ting that are to be underpinned Department of Labour, the South comparative locational advan- March 2011. The title of by a new educational anchor in African Competition Commis- tage – proximity to South African the inaugural address was the Department. He concluded sion, the South African Reserve policy-makers and fi nancial “A Tale of Two Samples: his address by challenging the Bank and Discovery Health. His institutions – to contribute to the Observations and Coun- Department of Economics to primary research interest is health development of sound economic terfactuals for the Evaluati- think beyond what is known economics although he also policy for South Africa and other on of Economic Policy”. to appropriately deal with the undertakes research in household countries on the continent.” changing environment, maintain economics, labour economics, As Head of the Department In his address, Prof Koch focus- the Department’s core activities industrial organisation and sports of Economics, Prof Koch is of ed on the canonical selection and increase its contribution to economics. the opinion that the Department problem in microeconometrics society and knowledge creation. Prof Koch states the following faces the major challenge of according to Roy’s (1951) Prof Koch was born in on his vision for the Department improving the research profi le of model. He also discussed the Superior, Wisconsin, in the of Economics: “Describing the the Department, both locally and recent review of the Department USA. He completed a Bachelor vision is somewhat complicated. internationally, as well as impro- of Economics as well as its of Arts degree in Economics However, I think there are a few ving postgraduate programmes, response to the review, descri- with a minor in Russian Studies rather simple goals. Our Depart- especially the PhD programme. 7 communiké 2011 LEADERSHIPLeadership degree with spesialisation in A time to celebrate Taxation had its fi rst intake of Most people are familiar with the well-known saying “nothing is certain but death and students – a fi rst in South Africa.

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