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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

Empowering teachers: Working with head, heart and hand

2011-06-14

Prof. JJE Messerschimdt (left) is the main supervisor and Dr KE Khabanyane the co-supervisor of this study within our Faculty of Education.

The implementation of Curriculum 2005 brought about new demands in the teaching and learning of languages. In teaching languages, it is expected of teachers to focus on the development of the basic language skills which are embedded in the first four outcomes, namely listening, speaking and reading which is coupled with viewing and writing.

Although the learning outcomes are developed as an integrated whole, each one needs special attention. According to the NCS, the third learning outcome namely "reading and viewing", is stated as follows: "The learner will be able to read and view for information and enjoyment, and respond critically to the aesthetic, cultural and emotional value in texts".

Julia Ramabenyane researches The facilitative role of Grade 1 teachers in the development of reading skills in Sesotho. Empowering teachers: Working with head, heart and hand, a workshop for Grade 1 teachers, was held on 27 and 28 May in the Winkie Direko Building on our Main Campus. The aim of the workshop was to create an opportunity for teachers to better understand their role as facilitators in the development of reading skills.

In addition to the facilitation of Mrs Ramabenyane, Prof. Hasina Ebrahim (lecturer at the School of Social Sciences and Language Education), grade 1 teachers from Lesedi and Karabelo Primary Schools, as well as the HOD of Foundation Phase and three grade 1 learners from Karabelo Primary School in Rocklands, participated in the activities.

This workshop, together with other reflective group sessions, formed part of the emancipatory action research of Julia Ramabenyane's Foundation Phase PhD studies. This PhD study is titled The facilitative role of grade 1 teachers in development of readings skills in Sesotho.

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