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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

Prof. Johan Grobbelaar part of history
2010-09-23

Prof. Johan Grobbelaar from the Department of Plant Sciences at the recent 31st Congress of the International Limnological Society (SIL), which was held in Cape Town.
Photo: Supplied

The 31st Congress of the International Limnological Society (SIL) was recently held at the Cape Town International Convention Centre (CTICC).

Prof. Johan Grobbelaar from the Department of Plant Sciences at the University of the Free State (UFS), who is also the chairperson of the local organising committee (LOC), worked hard for six years to secure the bid to host the congress in South Africa. The LOC consisted of Prof. Grobbelaar, Prof. Brian Allanson, Prof. Jenny Day, Dr Carin van Ginkel and Dr Mike Silberbauer.

SIL was founded in 1922 to further the study and understanding of all aspects of limnology, the science of inland aquatic ecosystems and their management.

Congresses are held every three years and this was the first time that SIL met on the African continent.

Almost 400 delegates from 42 countries attended this congress where the state of the science of limnology was presented with two keynote speakers, six plenary lectures, 230 oral and 76 poster presentations, mostly running in five parallel sessions. Exhibitions displayed some of South Africa’s role players as well as the latest equipment from abroad. Delegates could also join pre- and post-congress excursions and the new SIL journal, Inland Waters, was launched at the congress.

Many of the presentations dealt with water as a limited resource, pollution problems and the impact of climate change. The congress resolved that SIL would play a more prominent role in creating awareness of problems impacting on inland waters and also afforded solutions. The 32nd SIL congress will be held in Budapest, Hungary in 2013.
 

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