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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

UFS announces its Sportsman and Sportswoman of the Year

2012-10-12

Here are, from the left: Raymond Rhule, Junior Sportsman of the year, Prof. Teuns Verschoor, Vice-Rector: Institutional Affairs, and Jamba Ulengo, Sportsman of the year. Izelle Lategan (Sportswoman of the year) and Tanya Brits (Junior Sportswoman of the year) was not present at the event.
Photo: Leonie Bolleurs
12 October 2012

The University of the Free State (UFS) honoured its top achievers at a glamorous gala dinner in the Centenary Complex on the Bloemfontein Campus on Thursday 11 October 2012. Jamba Ulengo and Izelle Lategan were named the Sportsman and Sportswoman of the year respectively.

The Junior Sportsman and Sportswoman for 2012 are Raymond Rhule and Tanya Brits.

This year the university’s sport stars were honoured in five categories. This includes:

- Sportsman and Sportswoman of the year (everyone that represented South Africa at a senior level, was eligible for the title). The winners each received a trophy and each sportsman and sportswomen in this category were honoured with a medal.
- Junior sportsman and sportswoman of the year. The winners each received a trophy.
- Sport stars that represented South Africa at senior and junior level. The achievers received certificates.
- Sport stars that represented the UFS in the national student teams. The sport stars also received certificates.
- Certificates were also awarded to the KovsieSport club sport stars.

The following students represented South Africa at senior level:

- Nardus Greyling. He represented the SA Athletics Team in the Confederation of African Athletics Senior Championship.
- Boy Soke. He represented the SA Athletics Team in the Confederation of African Cross-country Championship
- Izelle Lategan. She represented the Investec SA Women’s Hockey Team in the Champs Challenge in Dublin, Ireland, in Holland and Belgium and she played for the SA U/21 team against Spain and Belgium. She was also captain of the SA U/21-team during the senior interprovincial championships.
- JVA Steytler. He represented the SA Athletics Team in the Confederation of African Athletics Senior Championship.
- Johan Cronjé. He represented the SA Athletics Team as a 1 500 m finalist in the Confederation of African Athletics Senior Championship. He also participated in the Dessau International meeting in Germany and the Grand Prix meeting in Prague.

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