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UFS to host inaugural ‘Sanlam and Santam Economist of the Year’ gala event

16 October 2024 | Story Anthony Mthembu | Photo Supplied

The Department of Economics and Finance, within the Faculty of Economic and Management Sciences (EMS) at the University of the Free State (UFS), in collaboration with Sanlam and Santam, will host the inaugural ‘Sanlam & Santam Economist of the Year’ competition gala event on 18 October 2024. The event, to be held on the UFS Bloemfontein campus, marks the exciting conclusion of this prestigious competition.

About the competition

Prof Johan Coetzee, Chairperson of the Department of Economics and Finance at UFS, explained that the competition, launched in July 2024, is an initiative of the department, sponsored by Sanlam and Santam. ‘’The competition aims to equip our graduates with the essential skills required for the modern workplace, including presentation, communication, problem-solving, and critical thinking skills,” said Prof Coetzee. He also highlighted plans to extend the competition to schools, saying, “We are looking forward to broadening the platform to include school-level participants.”

In addition, Prof Coetzee noted that the competition is designed to train students to become highly skilled economists capable of navigating the challenges of the Fourth Industrial Revolution (4IR).

The competition sees students - ranging from first-year undergraduates to those pursuing master's qualifications within the department - competing against each other by making predictions on key macroeconomic indicators. A schedule of these indicators is provided, and students must predict their values on an online platform before the official release of each indicator. Points are awarded based on the accuracy of their predictions, with the top 10 competitors progressing to the final stage.

Gala event highlights

Representatives from Sanlam and Santam, the Department of Economics and Finance, the top 10 finalists, and the department’s top academic performers from each year group will attend the gala event. “Besides recognising the competition winners, we will also honour our top academic achievers. As a department, we acknowledge the importance of recognition, and we are proud to be the academic home of these outstanding students,” Prof Coetzee added.

The top 10 finalists will each deliver a six-minute presentation to a panel of four economists from the department, after which the top three finalists will be announced. These finalists will then answer an additional question, and the final judging will determine the winner of the ‘Sanlam and Santam Economist of the Year’ title. The winner will also receive the largest cash prize.

In addition to the awards, Sivuyile Nzimeni, a data analyst within the EMS faculty and the developer of the competition platform, will address the audience. Nzimene will discuss the development of the platform and plans for its expansion.

News Archive

Kovsie bounces back from heart surgery and raises the bar

2017-07-10

Charissa Worthmann, a gymnast and postgraduate Biokinetics
student at the UFS, overcame heart surgery earlier this year
and excelled at her sport. Photo: Supplied

“Life is too short to abandon what sets you on fire. Find your passion, work hard at it and be great. You will never look back and wish otherwise.” These are the words that postgraduate student Charissa Worthmann lives by, and which have encouraged her to pursue her dream of being a gymnast.

Humble beginnings
After undergoing heart surgery earlier this year, Charissa bounced back stronger than ever. She went on to win five regional gold medals at the Free State Gymnastics Championships in February 2017 and was also crowned Free State Victrix Ludorum. In October 2016 she won a gold medal for her apparatus routine at the South African Gymnastics Championships.

Charissa, who is currently doing her honours in Biokinetics at the University of the Free State (UFS), said coming from a small town was not always an advantage. “I come from a small town in KwaZulu-Natal where there are not many opportunities. Therefore there was no gymnastics. I found my natural talent, but never had the opportunity to develop it before coming to the UFS.”

Inspired by lecturer
Charissa’s inspiration is Prof Liesl van As, Associate Professor from the Department of Zoology and Entomology. She is also completing her undergraduate Zoology modules to later complete her postgraduate studies in Zoology. “As a student, our lecturers don’t often realise it, but they shape us to aim higher in life.”

According to Charissa, Prof van As is a woman of pure brilliance who has aspects that every woman should aspire to: Beauty, intelligence and a drive to succeed. “I owe a vast majority of my success to her, because even though she may not realise it, her motivational attitude and success in life drove me to succeed in areas of my life.”

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