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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 students complete internship with FIFA TV
2010-06-30

Here is the group of students from the University of the Free State (UFS) who are working as interns at the Free State Stadium as part of the 2010 FIFA World Cup South Africa™ host broadcast operations. With them are Ms Dineo Gaofhiwe (far left) from the Division: Research Administration at the UFS and Dr Choice Makhetha (far right), Special Assistant to the Rector and Vice-Chancellor. The group received certificates for successfully completing the training programme.
Photo: Supplied


A group of ten students from the University of the Free State (UFS), together with students from the Central University of Technology (CUT), are working as interns at the Free State Stadium as part of the 2010 FIFA World Cup South Africa™ host broadcast operations.

Host Broadcast Services (HBS) has offered an internship on behalf of FIFA TV during the 2010 FIFA World Cup™ to around 330 students enrolled at South African tertiary institutes in each of the nine host cities. Successful students were taught about host broadcasting, TV production and event management, as well as the role they would fulfil during the event. After a final selection, an internship contract for the 2010 FIFA World Cup was signed with each student.

Positions ranging from assisting media rights licensees at each commentary tribune, to working in the production centre at the International Broadcast Centre (IBC), to assisting in coordinating the logistics of the host broadcast production teams have been filled.The programme is accredited by the Media, Advertising, Publishing, Printing and Packaging Sector Training Authority. All successful students will receive credits relevant to particular unit standards set out by the South African Qualification Authority. This gives each intern a huge advantage when next applying for employment.

 

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