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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

UFS celebrates establishment of a new department

2008-09-26

At the celebration of the establishment of the Department of Genetics are, from the left: Prof. Herman van Schalkwyk, Dean: Faculty of Natural and Agricultural Sciences at the UFS, Prof. Johan Spies, head of the Department of Genetics at the UFS, Prof. Chris Viljoen, associate professor at the UFS Department of Haematology and Cell Biology and previously associated with the Department of Genetics; seated: Prof. Paul Grobler, associate professor at the UFS Department of Genetics.
Photo: Stephen Collett

UFS celebrates establishment of a new department

The establishment of the Department of Genetics in the Faculty of Natural and Agricultural Sciences at the University of the Free State (FS) was recently celebrated on the Main Campus in Bloemfontein.

The department, which formed part of the Department of Plant Sciences, is the only of its kind in the country that conducts research in behavioural genetics. “With behavioural genetics we try to determine if certain human behaviour is hereditary or if it is as a result of the environment. Although this is the fastest growing field of specialty in the United States of America, it is still an unknown field in South Africa,” says Prof. Johan Spies, head of the Department of Genetics.

The other specialty fields of the department are forensic genetics and conservation genetics. “Forensic genetics looks at the compilation of the DNA of animals. Because of our academics’ expertise, the department is regularly requested by the South African Police Service to assist them with establishing the origin of animals – especially in the case of game poaching. We recently completed a research project on cheetahs where we had to establish if they were acquired illegally of part of the farmer’s game. The research showed that the cheetahs were part of the farmer’s own breed,” says Prof. Spies.

Another specialty field of the department is conservation genetics where the genetic variance of animals is researched. A lot of research is done on vervet monkeys to determine from which area in the country they originate. The study must be completed before the 3000 vervet monkeys currently in rehabilitation centres are set free. The behaviour of monkeys in rehabilitation is also being researched.

Prof. Spies says: “Student figures in Genetics show an annual increase of 8% per year for the past five years. The first group of master’s degree students in Genetics will start their studies next year.” The department is also regarded as a leader on Clivia research.

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
25 September 2008

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