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UFS to host inaugural ‘Sanlam and Santam Economist of the Year’ gala event

16 October 2024 | Story Anthony Mthembu | Photo Supplied

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 Dean invited as keynote speaker at international conference

2011-03-23

Prof. Dennis Francis, Dean of Education

The University of the Free State’s (UFS) Dean of Education, Prof. Dennis Francis, has received the honour of being invited as keynote speaker at the Fourth International Conference of Education Reform (ICER).

Prof. Francis, who has already published widely in the areas of social justice education and sexuality education, will address the conference on 24 and 25 March 2011 in Luang Prabang, Laos.

The theme of the conference is Equality and Education. Prof. Francis will address the international audience with his speech entitled “Troubling elements of a theory of oppression that should inform the work of teachers in higher education”.

Prof. Francis’ keynote will address three questions, namely what challenges South African society presents to the teaching of anti-oppression, what elements of theory and pedagogy are most effective in equipping teachers and students for those challenges and what real-life experiences of teaching in the area of education for social justice can teach about pedagogy in any context where injustice and inequality prevails. He will draw on his personal experiences regarding the latter.

“We need to deepen the theoretical grasp of oppression if education is to be effective in addressing social inequality. Teaching for equity and social justice education requires that we address the multiple layers of oppression that correspond with varying forms of privilege and injustice, and none of these exist in isolation.”

Prof. Dennis says that he is humbled by the invitation and sees this as an opportunity to learn, grow and contribute in the area of education in social justice.

Media Release
23 March 2011
Issued by: Lacea Loader
Director: Strategic Communication
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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