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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

UFS Centenary 2004/05: Sports Festival
2004-05-07

Win or lose! It is part of sportsmanship. The Kovsie Sports Festival will take place on Thursday, 13 May to Saturday, 15 May 2004, as part of the UFS’s centenary celebrations. Through this event, Kovsiesport will focus on the many sports opportunities offered on campus. Fit or unfit, first team or no team, there is an opportunity for every staff member and student to participate.

This exceptional sporting weekend will start on Thursday, 13 May 2004 at 17:15, with a 2,5km fun run (or walk) on the campus. It will start at Pellies Park (the first official rugby field on campus). Men and women will take part separately in five different categories. They are:

 

  • Lecturing staff members
     
  • Administrative staff members
     
  • Support service staff members
     
  • Hostel residents
     
  • Alumni

    After the fun day on Thursday, the serious sports activities will commence. Different league matches are scheduled to take place from Friday, 14 May to Saturday afternoon, 15 May 2004. The Northern Tertiary Tennis League, as well as the Cross Country City League will take place. Hockey, netball, cricket, squash, basket ball, rugby and soccer matches have also been scheduled. The Shimla’s City Cup match will take place on Saturday afternoon on Shimla Park.

    After the sports activities on Saturday evening, we will have another chance to socialize. Medix Residence is organising a special Idols concert at 19:00 in the Callie Human Centre as part of this fun weekend. Idols from 2002 and 2003 will perform. They are Brandon October, Anke Pietrangelli, Poseletso Sejosingoe and Bianca le Grange. Tickets are available at Computicket (Greyhound stall, Tourist Centre in Park Way).

    The festival will be a weekend to relax and enjoy. Please participate in the fun walk, support Kovsiesport and join the Idols in an evening of song.

     

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