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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 Sign Language expert appointed to a national government committee
2010-05-13

Photo: Mangaliso Radebe


The National Department of Basic Education has appointed the Head of the Department of Afro-Asiatic Studies, Sign Language and Language Practice at the University of the Free State (UFS), Mr Philemon Akach, to serve in its Curriculum Management Team.

“It is my pleasure to inform you that you have been appointed as a member of the Curriculum Management Team to manage the development of Sign Language as a subject to be listed in the National Curriculum Statement Grades R-12,” the Minister of Basic Education, Mrs Angie Motshekga, wrote in her letter to Mr Akach.

“I am excited, after mulling over this, saying that maybe this time around it may just work because, from experience, I can sensitise the other committee members on how to build in an implementation strategy right from the beginning,” said Mr Akach.

“Over the last 12 years we have implemented the proposed part of the curriculum for tertiary institutions at this university, so our input will be a practical one. We have not only theoretically proven it can be done but have developed multimedia teaching materials as a legacy to sustain the course as a permanent feature at this level. I will share this with the management to implement what is already working.”

He was a Director of Sign Language and Interpreting Development with the Deaf Federation of South Africa for three years (1996-1998). During that time he directed the development of the South African Sign Language (SASL) curriculum as a school subject from Grades 0-12, as well as SASL as a second language, and a proposal to tertiary institutions on what they should take note of, should they considered introducing SASL as an academic course. All of these were handed over to the Department of Education in 1997.

“Committees are a good tool to write proposals but if there is no policing of the implementation, not much seems to work,” he said.

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

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