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Inaugural ‘Sanlam and Santam Economist of the Year’ competition gala celebrates future economists

24 October 2024 | Story Anthony Mthembu | Photo Stephen Collett

The inaugural ‘Sanlam and Santam Economist of the Year’ competition gala, held on 18 October 2024 at the University of the Free State (UFS) Bloemfontein Campus, has been hailed as a significant opportunity for growth. Hosted by the Department of Economics and Finance in the Faculty of Economic and Management Sciences (EMS), in collaboration with Sanlam and Santam, the event celebrated the exceptional talents of young economists.

The gala brought together representatives from Sanlam and Santam, faculty members, the top 10 competition finalists, and the department’s leading academic performers from each year group. Jaco Geldenhuys, Senior Business Manager at Sanlam, commended the participants for their dedication, noting: ’Today, we not only recognise your academic excellence but also the potential, positive impact you will have in the world.’’

Prof Johan Coetzee, Chairperson of the Department of Economics and Finance, echoed this sentiment, emphasising that the competition aims to equip graduates to become global citizens who can solve problems, think critically, and communicate effectively in a constantly changing world.

What transpired during the event

The top 10 finalists presented their analysis in a 6-minute presentation before a panel of economists from the department, demonstrating their understanding of the macroeconomic environment, the methods they used to predict key macroeconomic indicators, and the lessons they gained from the process. After these presentations, the top three finalists were chosen and were required to respond to questions from the panel, determining the overall winner.

The top three included Tricia Khoza, who secured third place, Mokai Malope, who earned second place; and Reatile Seekoei, who was named the 2024 ‘Sanlam and Santam Economist of the Year’.

All three finalists expressed their gratitude for the opportunity. Seekoei shared: “Competitions like this are invaluable because they prepare us for the working world. We have gained several graduate attributes we were introduced to at the start of our academic journey.’’

In addition to recognising the top three finalists, the department also awarded certificates to its top academic achievers, ranging from first-year undergraduate students to master's candidates.

Paving the way for the future

For many of the participants, the competition provided an invaluable glimpse into the professional world, offering them a chance to apply their classroom learning to real-world economic challenges. Geldenhuys encouraged the young economists to use their knowledge to challenge inequality, promote fairness, and drive innovation and sustainable growth.

News Archive

Council approves appointment of two deans

2008-06-14

	The Council of the University of the Free State (UFS) approved the extension of the contract of Prof. Herman van Schalkwyk, Dean: Faculty of Natural and Agricultural Sciences for a further five years during its recent meeting. The appointment of Prof. Francois Tolmie as acting Dean of the Faculty of Theology was also approved. Prof. Tolmie will be acting as Dean as from 1 July 2008 and will be appointed as dean on 1 January 2009 for a term of five years. He is appointed in the place of Prof. Hermie van Zyl who will be retiring at the end of June 2008. The Faculty of Natural and Agricultural Sciences has reached many highlights under Prof. Van Schalkwyk’s leadership. It has grown to an influential faculty, known for its world-class academic quality and research and the successful preparation of students for their careers in the sciences. Before his appointment as dean, Prof. Van Schalkwyk was chairperson of the Department of Agricultural Economics at the UFS. He serves on the executive committee of the UFS’s Executive Management and is chairperson of the Deans Committee. Over and above his work at the UFS, he is involved in various provincial and national organisations. He was among others appointed by the Minister of Agriculture in 2007 as member of the National Agricultural Marketing Council and in 2008 he was appointed vice-chairperson of the Land Bank Council. He is also a consultant to the World Bank and other South African organisations, a specialist in agricultural and related court cases and popular speaker at agricultural societies in South Africa and Namibia, to name a few. Prof. Tolmie was a Senior Professor in the Department New Testament at the UFS. He is member of various national and international organisations and academic committees, among others editor of Acta Theologica, the faculty’s accredited journal. During his term as Dean, Prof. Tolmie aims to establish meaningful liaison with international universities, increase the faculty’s average research output and increase the current number of academics from the faculty who are graded by the National Research Foundation (NRF). Media Release Issued by: Lacea Loader Assistant Director: Media Liaison Tel: 051 401 2584 Cell: 083 645 2454 E-mail: loaderl.stg@ufs.ac.za 13 June 2008
Prof. Francois Tolmie

Prof. Herman van Schalkwyk

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