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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

Postgraduate success rewarded during winter graduation ceremony
2012-06-06

The university is celebrating an increase in postgraduate success with a record number of master’s degrees and doctorates to be awarded during the winter graduation ceremony on 14 June 2012.

A total of 481 master’s degrees and 82 doctorates will be awarded in two ceremonies in the Callie Human Centre on the Bloemfontein Campus. This is the most postgraduate qualifications to be awarded at a single graduation ceremony. 

The university will also award an honorary doctorate in Literature to the author, Etienne van Heerden. Van Heerden, the author of Dertig Nagte in Amsterdam and Toorberg, among others, will be honoured with a D. Litt degree. Van Heerden, currently Hofmeyr professor and Head of the Department of Afrikaans and Dutch studies at the University of Cape Town, is one of the most acclaimed Afrikaans writers. His novels have been translated into eleven languages and his contributions are included in anthologies worldwide. One of his most important contributions to South African society is his creation of LitNet and the development of this powerful digital website that now also includes two accredited journals.

Ms Nicky Abdinor, a clinical psychologist of Cape Town, who was born without arms and with shortened legs, will be the guest speaker at the graduation ceremony.

The programme for the two ceremonies is: 

  • At 10:15, the Faculty of Natural and Agricultural Sciences will award 231 master’s degrees and confer 43 doctorates. The Faculty of Health Sciences will award 52 master’s degrees and confer seven doctorates. 
  • At 14:15, the Faculty of Economic and Management Sciences will award 62 master’s degrees and confer seven doctorates. The Faculty of the Humanities will confer one honorary doctorate, award 47 master’s degrees and confer 13 doctorates. In the Faculty of Education, 22 master’s degrees will be awarded and nine doctorates conferred. In the Faculty of Law, 34 master’s degrees will be awarded and one doctorate conferred. The Faculty of Theology will award 33 master’s degrees, and confer two doctorates.
     

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