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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

UFS implements B Ed degree on Qwaqwa campus
2006-11-09

The University of the Free State has taken a step to address the need of black teachers in the country by offering a B Ed degree in the further education and training (FET) phase at its Qwaqwa Campus as from January 2007.
 
“The accredited B Ed qualification provides the opportunity to students to empower themselves to become professional teachers in secondary schools. It is also suitable for the training of expertise for education-related careers such as instructors and trainers,” said Dr Elias Malete, acting principal of the UFS Qwaqwa Campus.
 
According to Dr Malete, education in South Africa is heading for a disaster owing to the large-scale exodus of teachers combined with the low enrolment figures of prospective teachers.
 
“Approximately 19 000 teachers leave the teaching profession annually, while all the training institutions in the country only manage to produce 4 800 new entrants to the profession,” said Dr Malete.
 
 “Indications are that a considerable number of students, especially from KwaZulu-Natal, want to study education at the Qwaqwa Campus. The implementation of the course will also address the need for qualified teachers in the country and contribute to the sustainability of the campus,” said Dr Malete.
 
 “The duration of the B Ed is four years. Prospective students who do not meet the admission requirements may enroll for a one-year career preparation programme and successful completion will provide them with admission to the degree the following year. Prospective students with an M-score of 24-27 may enroll for an extended B Ed programme over a period of five years,” said Dr Malete.
 
Other education programmes that are offered at the Qwaqwa Campus include a B Ed Honors degree in Curriculum Studies, a B Ed Honors degree in Education Management and Leadership and a Postgraduate Certificate in Education (PGCE).
 
Prospective students may call (058) 718-5000 or visit the UFS web site at www.ufs.ac.za for more information. Applications for admission to this programme close on 30 November 2006.
 
Media release
Issued by: Lacea Loader
Media Representative
Tel:   (051) 401-2584
Cell: 083 645 2454
8 November 2006
 
 

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