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24 October 2024 | Story Anthony Mthembu | Photo Stephen Collett
Sanlam and Santam Economist of the Year’ competition
From left to right: Jaco Geldenhuys, Senior Business Manager at Sanlam; Mokai Malope, secured second place; Reatile Seekoei, winner of the 2024 Sanlam and Santam Economist of the Year competition; Tricia Khoza, secured third place; and LC Olivier, Senior Business Manager at Santam.

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

CHE lifts notice of withdrawal of UFS LLB degree’s accreditation status
2017-11-16


The Council on Higher Education (CHE) has lifted the notice of withdrawal of the accreditation status of the University of the Free State’s (UFS) LLB degree. The degree is conditionally accredited with a progress report required in October 2018.

The Faculty of Law received this response to its Improvement Plan for the LLB degree from the CHE on 14 November 2017.

During 2016, a national review was conducted on all LLB programmes in order to strengthen the quality of legal education provision at all South African universities. On 30 March 2017, the Higher Education Quality Committee (HEQC) approved the findings of the National Reviews Committee (NRC) with regard to the LLB programme at the UFS, and placed the qualification on a notice of withdrawal of accreditation.

The decision of the CHE this week comes after the faculty submitted the Improvement Plan during early October 2017. This plan sets out for the CHE the changes that will be effected in the LLB programme for 2018 and 2019 and provides an outline of the new LLB curriculum it intends to introduce in 2020.

“The university’s executive management is extremely pleased about the outcome and welcomes the lifting of the notice of withdrawal of accreditation status, as it comes during a critical time of the year when the new cohort of Law students is completing their Grade 12 exams. Prof Caroline Nicholson, Dean of the Faculty of Law, and her team are commended for the considerable effort put into the submission and the extensive attention that was specifically given to concerns raised by the CHE in terms of the number of credits in the degree,” says Prof Francis Petersen, Rector and Vice-Chancellor of the UFS. 

“There is hard work to be done going forward in ensuring that the UFS LLB degree is the very best on offer in South Africa, but with the continued support and commitment of the staff and students in the Faculty of Law, this vision is achievable,” says Prof Nicholson.

 

Released by:
Lacea Loader (Director: Communication and Brand Management)
Telephone: +27 51 401 2584 | +27 83 645 2454
Email: news@ufs.ac.za | loaderl@ufs.ac.za
Fax: +27 51 444 6393

 

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