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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

Darwin lecture focuses on the genetic foundation of evolution
2009-05-22

 
The Department of Genetics at the University of the Free State (UFS) recently made their contribution to the story of life and survival by presenting two lectures on The genetic foundation of evolution. Prof. Johan Spies, Head of the Department of Genetics at the UFS discussed the variation that was created by mutations and how this variation was enhanced by re-combination. He also pointed out that these methods contributed relatively little to the gene pool of a species and that the expansion of the gene pool primarily took place by means of chromosome evolution. The latter also contributed to the creation of isolation mechanisms to prevent hybridism. He further emphasised the multitude of deviations of mendelian heredity, which contributed to more variation within a species.

Prof. Paul Grobler, Associate Professor from this department, next pointed out how natural selection played a role to form new species. He used various examples to indicate how the process took its course, for example, lactose intolerance. He also reported out that the man on the street mostly believed that Darwin with his theory of the survival of the fittest meant that the physically strongest species would survive. It was more a case of the one that could reproduce the fastest and the most, that would survive, he stated.

Present at the occasion were, from left front: Ms Letecia Jonker, student, Prof. Grobler, Ms Paula Spies, lecturer at the Department of Genetics and Ms Zurika Odendaal, junior lecturer at the Department of Genetics; back: Prof. Spies.
Photo: Stephen Collett

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