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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

Intravarsity brings Kovsie Campuses together

2012-05-09

Bloemfontein and Qwaqwa Campuses find each other in sport, arts and culture.

Intravarsity Photo Gallery

Intravarsity

Two campuses, one university, students coming together for a weekend filled with sport, arts and culture. That was the backdrop to Intravarsity 2012, which was held at the University of the Free State (UFS) on 4 and 5 May 2012.

Students from the Bloemfontein and Qwaqwa Campuses came together on the Main Campus to compete in soccer, netball, cross-country, basketball, debating and chess.

The Qwaqwa Campus raked up victories in soccer with their men’s and women’s teams beating their Bloemfontein counterparts. The women’s team won 3-2, while the men triumphed with 1-0.

Bloemfontein Campus beat Qwaqwa Campus 34-12 in netball, 2-0 in chess and 36-34 in basketball.

However, Intravarsity is not just about sport. Students from the two campuses also engaged in art, cultural and leadership events. These events included a musical festival with top local DJs and a leadership breakfast attended by the student leadership from both campuses.

Talking at the leadership breakfast, Prof. Kwandiwe Kondlo, Head of the Centre for Africa Studies, urged student leaders to strive for selfless leadership. “We want our student leaders to be better leaders than we are. Perhaps at one moment some of you may end up leading this country. I hope when your time comes you will save South Africa from the democratisation of shamelessness and corruption, which has gained the upper hand.”

Mr Rudi Buys, Dean of Student Affairs, told the student leaders that the institution was in crisis five years ago. “Today our campuses are together. I hope the significance of the weekend is not lost.”

Intravarsity 2012 replaced this year’s Intervarsity. The annual Intervarsity between the UFS and North-West University (NWU) has been postponed to 2013.

Kovsie student leaders discuss leadership at Intravarsity

Student leaders from the Bloemfontein and Qwaqwa Campuses attended a leadership breakfast during the Intravarsity weekend of 4 and 5 May 2012. The breakfast, held on the Main Campus, was hosted by the Division: Student Affairs.

Taking lessons in leadership from Prof. Kwandiwe Kondlo, Head of the Centre for Africa Studies, the Kovsie student leaders discussed the duties and responsibilities of leadership, not only on our campuses but also throughout the country.

Highlighting the role of student leadership Prof. Kondlo told students they needed to be active partners in building a cohesive and united university.

“Student leadership is important in the life of any university; it creates conditions the university requires for the construction and production of knowledge. This is very important; hence cooperation between student leadership and management is so vital.”

Prof. Kwandiwe Kondlo’s speech that he delivered at the leadership breakfast. (pdf format)

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