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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

Provisional registration period extended to 30 April 2012

2012-03-25

25 March 2012

After a week of intense negotiations between the senior leadership of the University of the Free State (UFS) and the Student Representative Council (SRC) of the Bloemfontein and Qwaqwa Campuses, the SRC has managed to persuade the senior leadership to extend the provisional registration period to Monday 30 April 2012.

This means that, until 30 April 2012, no students will be deregistered for not being able to pay their provisional registration fee. The initial deadline for students to register provisionally was 6 April 2012.

The SRC requested the extension of provisional registration and the senior leadership of the UFS agreed thereto for the following reasons:

To allow students more time to raise the money;
To allow the provincial and national government, as well as NSFAS more time to respond to students’ financial needs; and
To allow the SRC and the university more time to consult with students with strong academic records about financial aid options outside the university.

“The SRC is glad to note that the university management values our efforts in representing our students and we've been able to leverage that advantage to negotiate an extension of the deregistration date with management. We're happy that in this case management has responded to the appeal of students through the SRC and we're exceptionally proud of our ability to push student interests to unprecedented heights,” says Mr Richard Chemaly, SRC President of the Bloemfontein Campus.

According to Mr Chemaly, the SRC is confident in their negotiation abilities. “While others might strike and protest, it is in the best interests of our students to talk to the senior leadership about important issues that are in the interests of students,” he says.

“Since our request to extend the provisional registration period was approved by the university management, the SRC has been working tirelessly to ensure that no deserving student gets deregistered. This includes setting up external funds, approaching the Premier’s office for assistance and setting up the most extensive bursary database any SRC has ever had,” Mr Chemaly says.

If there are any parents or students in need of help for provisional registration, please contact Mr Chemaly at chemalyra@ufs.ac.za.

Media Release
25 March 2012
Issued by: Lacea Loader
Director: Strategic Communication
Tel: +27(0)51 401 2584
Cell: +27(0)83 645 2454
E-mail: news@ufs.ac.za

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