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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 academic joins an elite league of achievers
2010-04-14

Prof. Dingie van Rensburg, Director of the Centre for Health Systems Research  Development at the University of the Free State
Prof. Dingie van Rensburg
Prof. Dingie van Rensburg, Director of the Centre for Health Systems Research & Development at the University of the Free State (UFS), has joined an elite list of a only few distinguished individuals who have been awarded honorary doctorates by the University of Antwerp (UA) in Belgium.

He is only the third South African to be honoured in this way by the UA, following in the footsteps of Constitutional Court Judge Albie Sachs (2000) and former State President, Nelson Mandela (2004).

He is the first social scientist from South Africa to receive this honorary doctorate from the UA – the highest academic distinction of that university. The university has previously only awarded three honorary doctorates to social scientists: Prof. Raymond Boudon, sociologist at the University of Paris-Sorbonne (1995); Prof. Robert Putman, political scientist at Harvard University (2000); and Prof. John Nash (of A Beautiful Mind fame), mathematician and economist at Massachusetts Institute of Technology (MIT) and Princeton.

The award ceremony will take place on 29 April 2010 in Antwerp.

Prof. Van Rensburg has authored, co-authored and was editor of many books/volumes, chapters in books, monographs, research reports and articles in scientific journals. He has also presented and co-presented at numerous national and international conferences; and supervised a significant number of master’s, doctoral and post-doctoral students.

In his 17 years as director of the Centre he has initiated, managed and led approximately 50 research and development projects, several of them large and long-term projects, and many of an inter-institutional and multidisciplinary nature.

In 2002 he became an NRF-rated researcher and in 2007 his rating as an established researcher was renewed. In the past two decades he received several research grants simultaneously from both the National Research Foundation and the Medical Research Foundation of South Africa, mostly for projects on Tuberculosis, HIV/Aids and antiretroviral treatment.

Prof Van Rensburg holds membership of both the Suid-Afrikaanse Akademie vir Wetenskap en Kuns and the Academy for Science of South Africa; he also served for varying periods on the Councils of both these academies. He was also a member of various health bodies of the Free State Province and the National Science and Technology Forum.

Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt@ufs.ac.za  
14 April 2010
 

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