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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

Six Kovsies included in Mail & Guardian’s top 200

2017-07-28

The Protea Karla Mostert, who is busy with her master’s degree
in Dietetics at the UFS, experienced a wonderful year
on the netball court. Photo: Johan Roux

Being on the Mail & Guardian 200 Young South Africans list for 2017, gives her a platform to share with South Africa what she does. This is according to Candice Thikeson. “I want to inspire people to follow their passion and pursue their dreams, and Mail & Guardian 200 Young South Africans allows me to do so.”

The art historian, who is included in the Arts & Entertainment category, is one of six current and former students of the University of the Free State (UFS) featured in the prestigious list. The others are Zola Valashiya (Civil Society), Lerato Machetela (Education), Thapelo Mokoatsi (Film and Media), Karla Mostert (Sport), and Nokuthula Sithole (Politics & Government).

Every year, the Mail & Guardian honours exceptional young citizens under the age of 35 who has made an impact in their respective fields. A special event for this year’s chosen ones was hosted at Emperors Palace in Johannesburg on 29 June 2017.

Making a statement for art historians
Thikeson, a Mandela Rhodes Scholar, Bright Young Mind, and recipient of the Abe Bailey Travel Bursary, says she feels honoured. “To me, this means that the impact I am making in the arts is being felt. There are very few art historians in South Africa, and because of this, people don’t often know what this profession entails.”

Inspiring people from all walks of life
She says the reaction from friends, family, colleagues, and acquaintances have been overwhelming. “The most heart-warming thing for me has been having men tell me that I inspire them. As women, we are often told that we are inspirations for little girls, but women can and do inspire, challenge, and motivate men too.”
She was appointed as a junior lecturer in the Department of Art History at the UFS in January. This, and being a Mandela Rhodes Scholar, is some of her career highlights. She is also enrolled for a research master’s degree in Art History and Image Studies.

UFS students on the Mail & Guardian 200 Young South Africans list:
• Zola Valashiya (Civil Society) – Co-founder and director, Debate Afrika
• Lerato Machetela (Education) – Psychologist
• Thapelo Mokoatsi (Film and Media) – Historian and academic
• Karla Mostert (Sport) – Netball player
• Nokuthula Sithole (Politics & Government) – Activist
• Candice Thikeson (Arts & Entertainment) – Art historian

View the Mail & Guardian 200 Young South Africans here.

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