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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

UFS reflects on the life of Charlotte Maxeke
2011-08-05

 

Some of the guests who attended the Charlotte Maxeke Lecture were from the left front: Carol Mokobe; Director of the Free State Provincial Government Department of Women, Children and People with Disabilities; Prof.Driekie Hay, Vice-Rector: Academic; Prof. Hlengiwe Mkhize, Deputy Minister of Higher Education and Training; Dr.Choice Makhetha, Vice-Rector: External Relations(actg); Prof. Nicky Morgan, Vice-Rector: Operations. Back from the left are: Dr. Derek Swemmer, Registrar and Prof. Teuns Verschoor, Vice-Rector: Institutional Affairs.
Photo: Stephen Collett

More than 200 people, amongst them the Deputy Minister of Higher Education and Training, Prof.  Hlengiwe Mkhize, came together at our university to reflect on the life of ANC Women’s League stalwart Charlotte Maxeke, during the Charlotte Maxeke Memorial Lecture organised annually by the Free State Provincial Government and our university as a lead-up to National Women’s Day on Tuesday, 9 August 2011.

This year was the fourth memorial lecture and Prof. Mkhize delivered the main address under the theme “Women’s access to education, science and technology for economic growth and development in bringing about positive change, living in extraordinary times”

Prof. Mkhize told guests Charlotte Maxeke’s life was too rich and complex to capture during the night and listed many of Maxeke’s achievements during her life and times. These included Maxeke being the first woman to graduate with a science degree from the University of Wilberforce, Ohio.  Prof. Mkhize said Charlotte Maxeke’s science degree was not a personal achievement, because she went back to the people and served by opening the Wilberforce Institute in Evaton, Vereeniging, after her return from the United States.

Prof. Mkhize applauded our university for organising the lecture, saying the university’s commitment was appropriate for the contribution Charlotte Maxeke made to women’s empowerment.  She said government have a huge interest in our university and said the lecture provided an opportunity to dialogue and to use the experience to improve the country’s institutions. Delivering the last part of her address, Prof. Mkhize said she hopes the lecture will lead to great things, with the local community also becoming involved in organising the event.

Dr. Choice Makhetha, Acting Vice-Rector:  External Relations, announced at the event that the university will open a women’s memorial garden on Tuesday, 9 August 2011  to honour women who made a contribution in society.
 

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