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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

Prof Tredoux turns theories regarding the formation of metals on its head
2013-09-17

 

Prof Marian Tredoux
17 September 2013

The latest research conducted by Prof Marian Tredoux of the Department of Geology, in collaboration with her research assistant Bianca Kennedy and their colleagues in Germany, placed established theories regarding how minerals of the platinum-group of elements are formed, under close scrutiny.

The article on this research of which Prof Tredoux is a co-author – ‘Noble metal nanoclusters and nanoparticles precede mineral formation in magmatic sulphide melts’ – was published in Nature Communications on 6 September 2013. It is an online journal for research of the highest quality in the fields of biological, physical and chemical sciences.

This study found that atoms of platinum and arsenic create nanoclusters, long before the mineral sperrylite can crystallise. Thus, the platinum does not occur as a primary sulphur compound. The research was conducted at the Steinmann Institute of the University of Bonn, Germany, as well as here in Bloemfontein.

Monetary support from Inkaba yeAfrica – a German-South African multidisciplinary and intercultural Earth Science collaborative of the National Research Foundation (NRF) – made this research possible. Studies are now also being conducted on other metals in the precious metal group, specifically palladium, rhodium and ruthenium.

The discovery of the nanoclusters and the combination with arsenic can have far-reaching consequences for the platinum mine industry, if it can be utilised to recover a greater amount of platinum ore and therefore less wastage ending up in mine dumps. This will signify optimal mining of a scarce and valuable metal, one of South Africa’s most important export products.

For Prof Tredoux, the research results also prove thoughts she already had some twenty years ago around the forming of platinum minerals. “Researchers laughed in my face, but the evidence had to wait for the development of technology to prove it.” Young researchers were very excited at recent congresses about the findings, since the new models can bring new insights.

“Chemistry researchers have been talking about platinum element clusters in watery environments for quite a while, but it was thought that these would not appear in magmas (molten rock) due to the high temperatures (>1 000 degrees celsius).”

Prof Tredoux has already delivered lectures at congresses in Scotland, Hungary, Sweden and Italy on this research.

Read the article at: http://www.nature.com/ncomms/2013/130906/ncomms3405/full/ncomms3405.html

 

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