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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

Architecture does it again!
2009-03-27

 

From the left are: Prof. Jan Smit, Head of the Department of Architecture at the UFS, Wim Steenkamp, National Corobrik Architecture Student of the Year 2008, and Ms Petria Jooste-Smit, Wim's tutor and former lecturer at the department.
Photo: Stephen Collett

Architecture does it again!

A student from the Department of Architecture at the University of the Free State (UFS), Wim Steenkamp, was recently named National Corobrik Architecture Student of the Year 2008.

This is the second time in the past three years that a student from the department has won this prestigious competition.

The award, given to the best student in his/her final year of the M.Arch. (Prof) degree in South Africa, entails prize money to the value of R40 000.

“The competition was of a high standard and we are extremely proud of Wim. Seven architecture departments of universities and universities of technology took part in the competition. Students had to submit the final project that was used to obtain their professional degree. This entails the design, technical drawings, a model of a building of their choice as well as a thesis explaining the theory and approach,” said Prof. Jan Smit, Head of the Department of Architecture at the UFS.

In his project, Wim created and designed “a memorable place for the Herero culture and their history through an architectural intervention in the desert/cultural landscape”. His tutor was Ms Petria Jooste-Smit, a former lecturer at the department.

According to Prof. Smit, the department has already won this competition six times out of the 22 times it has been presented. “This once again confirms the high regard the department has in the architecture field in South Africa. It is also proof of the quality of our staff and the programmes we offer,” said Prof. Smit.

The past year was an exceptional one for the department. It received unconditional accreditation from the South African Council for the Architecture Profession (SACAP) for all three courses offered; and its students won the Tripod Photography Competition, the National Cement and Concrete Institute Competition for honours students, and the Carl and Emily Fuchs Foundation Student Prestigious Prize.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za  
26 March 2009

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