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16 October 2024 | Story Anthony Mthembu | Photo Supplied
Sanlam and Santam
Top 10 finalists of the Sanlam and Santam Economist of the Year competition with Dr Genius Murwirapachena (right) and Prof Johan Coetzee (left).

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

Unique book on counselling for the youth
2009-03-12

 
A unique book on the counselling of youth was recently launched by Heinemann Publishers. The book entitled Handbook of Youth Counselling, has been compiled by a team of experts mostly from the UFS. “This book is extremely relevant in the current period because observers from both within South(ern) Africa and abroad have been increasingly concerned about the South(ern) African youth,” said Prof Johnnie Hay, Departmental Chairperson of Psycho-Education at the UFS and co-editor of the book. The text is aimed at professional people in the field of mental health and focuses on children, adolescents and young adults. “The handbook gives an in-depth analysis of the most recent research done in the field of counselling and theoretical perspectives that are based on intervention. The book supports the positive psychological paradigm and takes a holistic and systemic approach as its point of departure,” added Prof Eugene van Niekerk, editor. He is also a consultant psychologist.

Here are, from the left, back: Dr Richard Nichol, Department of Psychiatry at the UFS, Prof. André Venter, head of the Department of Paediatrics and Child Health at the UFS, Ms Annette Weyers, consultant social worker; front: Prof. Hay, Prof. Van Niekerk, Dr Lyzette Hoffman, Department of Psychology at the UFS, and Dr Luzelle Naudé, Department of Psychology at the UFS. Dr Annette Prins, Divisional Head of Wellness at the Centre for Higher Education Studies and Development at the UFS and Dr Henriëtte van den Berg, Department of Psychology at the UFS, were absent when the photo was taken.
Photo: Lacea Loader

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