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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

School of Nursing receives a considerable grant

2011-06-01

Our School of Nursing once again became the proud recipient of a grant from the Atlantic Philanthropies, an international organization dedicated to “bringing about lasting changes in the lives of disadvantaged and vulnerable people”.

Atlantic Philanthropies granted millions of rands to South African nursing training institutions via University Based Nursing Education (UNEDSA), which will provide six recipient institutions the opportunity to transform nursing academic programmes in South Africa over a period of four years.

We recently received a R3 100 000 grant for the school to transform nursing scholarship and clinical practice. This is but the latest installment in a total grant of R16 million.

The School of Nursing, under the leadership of Prof. Anita van der Merwe, former Head of the School of Nursing, submitted a proposal to UNEDSA and was selected as one of the six recipients of the award. The school is now at the beginning of the third financial year of the project.

According to Dr Annali Fichardt from the School of Nursing, the school established a unique Virtual Health Teaching and Learning facility for training students in a non-threatening, simulated environment and to prepare nurses to be capable and to function optimally in the dynamic health-care environment. This provides opportunities for experimentation and sharing of integrated teaching and learning in nursing education.

The project helped establish a new unit for continuing professional development and research capacity development to serve practicing nurses and staff members of the School of Nursing. These initiatives will result in a fully transformed and accredited portfolio of programmes at undergraduate, post-basic and postgraduate levels to meet the needs of a range of health-care settings and learners.

The School of Nursing hopes to create an innovative teaching and learning environment that empowers students and professional nurses to become clinically excellent, able to practice independently in both resource-poor and technology-rich areas, and manage such complexities in an innovative way.

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