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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

CD-ROM for learning Afrikaans as foreign language launched
2009-04-30

 
At the launch of the CD-Rom, Gesellig Afrikaans, are from the left: Ms Riana de Beer, Research Assistant at the Department of Afrikaans and Dutch, German and French, Mr Christo Steyn from Bare Creative who did the digitalisation of the CD-ROM, Prof. Van Niekerk, Prof. Engela Pretorius, Vice-Dean of the Faculty of the Humanities, Prof. Driekie Hay, Vice-Rector: Academic Planning, and Mr François Marais, Director of the Centre for Higher Education Studies and Development at the UFS.
Photo: Lacea Loader
The Department of Afrikaans and Dutch, German and French at the University of the Free State (UFS) recently launched a CD-ROM course to learn Afrikaans as foreign language at the Main Campus in Bloemfontein.

For the past ten years the Department has been offering a course in Afrikaans as foreign language to small groups at the UFS. “However, the need for this course has escalated to such an extent on the Main and Qwaqwa Campuses of the UFS that we have decided to produce the CD-ROM. We have also found that not a lot of courses to learn Afrikaans were available. Those that do exist, do not recognise the needs of adult learners,” said Prof. Angelique van Niekerk from the Department.

“International students are often interested in learning new cultures and languages and staff members would also like to learn Afrikaans in order to understand the language better. Now they are able to master the basic principles and concepts of the language,” said Prof. Van Niekerk.

The course, which will be presented on the Main Campus, comprises a basic and an advanced course. Course attendants will receive both these CD-ROMs. English is used as the back-up language and translations of all the texts are available on the CD. Contemporary Afrikaans music is used to assist in fixing sound patterns, and the pronunciation of Afrikaans sounds, words and sentences is available through the sound component of the course. Uncomplicated language jokes, advertisement texts and cartoons are used to enhance the course content and a vocabulary list and list of idiomatic language uses will be kept updated by the learners. Explanations of basic grammatical constructions are given in both Afrikaans and English and learners are assessed at the end of the course. Aspects like word order, temporal indications, etc. are covered amongst other things.

“Mastering a foreign language is time-consuming and contact with the language is very important. Although there is a contact session with a facilitator of two hours per week, it is a handy course for people who cannot attend classes regularly,” said Prof. Van Niekerk.

The CD-ROM is available from at Prof. Angelique van Niekerk, vnieka.hum@ufs.ac.za, Tel. no. 051-4012339, at R150 per CD.


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  
28 April 2009

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