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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

Sculpture project brings new dimension to Main Campus
2010-11-16

Noriah Mabasa, Unity is power: Let us be united (2010), fig wood, 3200 x 1700 x 1400 mm.

The first sculptures in a project to establishment a diverse collection of sculptures on our Main Campus were erected in October 2010. Artists were commissioned to create a number of sculptures.

The funds for the project were made available through a grant from the National Lottery Distribution Trust Fund (NLDTF).

This project aims to create an altered environment that provides visible, tangible symbols of change and reconciliation. It also aims to enrich the educational and multicultural experience of staff and students with these areas.

Renowned Venda artist Noriah Mabasa has created a three-metre-high wooden sculpture, “Unity is power: Let us be united”, that was placed outside the new computer laboratory near our UFS Sasol Library. The work consists of several grouped figures celebrating the coming together of many diverse people.

Another artist from Venda, Azwifarwi Ragimana, has been working in collaboration with Gallery 181 in Johannesburg and produced a group of sculptural benches that was placed in the garden behind the Main Building.

Local artists are also involved in this initiative: Jaco Spies, lecturer in our Department of Fine Arts, as well as ceramist Dina Grobler and artists from the Tshiamo Art and Crafts Project are working on a mosaic at a site known as the “philosophers” circle.’

The project will continue in 2011. We can also expect works from leading South Africa artists such as Willem Boshoff and Pat Mautloa.

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