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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 presents workshop on plea bargaining

2010-02-09

At the workshop were in front: Prof. Hennie Oosthuizen, Department of Criminal and Medical Law at the UFS; back: Judge Faan Hancke, Adv. Jo Hiemstra of the Office of the Director Public Prosecution in the Free State, Judge President Hendrick Musi and Judge of Appeal Fritz Brand.
Photo: Stephen Collett

The Centre for Judicial Excellence in the Faculty of Law at the University of the Free State (UFS) recently presented a workshop on plea bargaining. This is the fourth workshop in the series of workshops on effective court management and the expedition of trials that started in 2007.

According to Judge Faan Hancke, the Chair of the workshop and also Extraordinary Professor in the Department of Process Law at the UFS, selected members of the judicature such as Judge of Appeal Fritz Brand, Judge Albert Kruger – who is amongst others the author of an important book on the criminal process – and Judge President of the Free State High Court, Hendrick Musi, conducted presentations at this workshop.

Judge Hancke’s lecture focused on the basic principles of plea bargaining. “Abroad, the plea agreement is effectively applied to shorten court procedures. This gives them a 80 percent saving on court cases with regard to serious crime, where we in South Africa save less than five percent on court cases.

The workshop was attended by magistrates, attorneys, advocates, the UFS Law Clinic and members of the Legal Aid Council. According to Mr Lukas Brand, a magistrate from Botshabelo, this workshop is a must for each jurist. More members of the legal profession must attend these kinds of workshops because there are many people who lack the necessary knowledge on some of the stipulations in the criminal procedure.

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