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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 hosts the nation's senior professionals in Student Affairs
2011-12-05

 

Some of the Senior Student Affairs Professionals present at the meeting were back row from left: Dr Llewellyn MacMaster, Dean of Student Affairs: Stellenbosch University; Profs. Bobby Mandew, Dean of Student Affairs: University of Johannesburg; McGlory Speckman, Dean of Student Affairs: University of Pretoria; and Ms Babalwa Ntabeni-Matutu, Department of Higher Education and Training. Front from left are: Dr Choice Makhetha and Ms Khanyisile Nyembenzi, SAASSAP Project Officer from the University of KwaZulu-Natal.
Photo: Stephen Collett

The Deans of Students of thirteen of the country’s universities recently gathered at the University of the Free State's (UFS) Bloemfontein Campus to attend the Deans’ Forum of the South African Association of Senior Student Affairs Professionals (SAASSAP).  

The heads of Students Affairs from universities such as Stellenbosch, Johannesburg and Pretoria discussed challenges facing higher education institutions and shared campus experiences during their meeting.
 
Dr Choice Makhetha, Acting Vice-Rector: External Relations at the UFS and President of SAASSAP, says the issues that were addressed included registrations and poverty on campuses. Dr Makhetha, who is serving a second term as president of the organisation, says they came up with strategies on how to support campuses in partnership with the Department of Higher Education and Training.
 
SAASSAP will host its 14th national conference next year from 24 - 26 October in Bloemfontein. The UFS and the Central University of Technology will host the conference together and it is expected that all twenty three member institutions as well as Student Affairs Associations from abroad will attend.

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