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June : Stellenbosch University hosts third shortcourse on forest finance and economics

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4 June, 2013

Stellenbosch University hosts third shortcourse on forest finance and economics


Foresters and financial managers from various timber companies in South Africa, Mozambique and Zimbabwe gathered at Stellenbosch University (SU) in May for the first of two block sessions that are part of the Continuing Education in Forest Finance and Economics shortcourse they are following this year.

It is the third time since 2009 that this refresher course on matters relating the economics and finances of the forestry industry is presented by the SU Department of Forest and Wood Science.

The 2013 class includes representatives from Komatiland Forest (KLF), York Timber, Merensky, SAPPI, Chekweti timber company (Mozambique), Border Timbers (Zimbabwe), and the Global Environmental Fund.

"This refresher course is ideal for people working in the timber industry who want to be updated on the latest relevant developments and trends in the industry," believes course organiser Mr Cori Ham of the SU Department of Forest and Wood Science. "It also provides a good networking opportunity within the sector."

The Continuing Education in Forest Finance and Economics course is intended for professional foresters and land managers who have to make decisions about timber and forest management operations and who want to improve financial returns within their company.

Case study work, analysis and assignments also form a strong component of the course, which is presented by Prof. Michael Jacobson from Pennsylvania State University and an extraordinary Professor to the SU Department of Forest and Wood Science. During the May block session he focussed on the theory and use of discounting and financial analysis procedures, as well as decision tools for land valuation and the optimum rotation ages for bare ground and existing stands.

The course participants will be back in Stellenbosch in October, for the second of the two weeklong block sessions. The coursework will then focus on topics such as the impact of globalisation within the forestry industry, the carbon and the green economy, forestry poverty and tenure, and the handling of insurance claims after damages caused by baboons.

Enquiries:
Mr Cori Ham
Department of Forest and Wood Science
Stellenbosch University
cori@sun.ac.za
021 808 3297

Stellenbosch Uni - Forestry course attendees

With course presenters Prof. Michael Jacobson from Pennsylvania State University and Mr Cori Ham of the
Stellenbosch University Department of Forest and Wood Science are course participants Johan Erwee
(Komatiland Forest), Phillip Muyambo (Tekwani Group), Simbarashe Dube (Border Timers) and
Nyararai Tafangenyasha (Chikweti, Mozambique). Photo: Engela Duvenage


 


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