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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 hosts simulation workshop

2012-12-03

Photo: Renè-Jean van der Berg
3 December 2012

The University of the Free State’s School of Nursing, in partnership with the Drexel University’s College of Nursing & Health Profession in Philadelphia in the USA, are hosting a simulation workshop at the Bloemfontein Campus from Monday 26 November – Friday 30 November 2012. The presenters include Prof. Leland Rockstraw, Dr Linda Wilson, Ms Carol Okupniak and Mr John Cornele. These knowledgeable simulation experts run a successful simulation facility for health-care profession students. Prof. Leland Rockstraw and Dr Linda Wilson have recently published a book on simulation; Ms Carol Okupniak writes a regular column in a journal, Clinical Simulation in Nursing and Mr John Cornele is well known in the USA for presenting exciting workshops on medical moulage. Moulage refers to “medical make-up”

Drexel University has offered this very popular workshop in simulation repeatedly since August 2010 at the Philadelphia Campus. This week’s workshop is the 1st international event and the first simulation training in South Africa. Funding from the Atlantic Philanthropies made it possible for the School of Nursing at the University of the Free State to host the workshop. Participants are educators from different health-care professions from higher educational institutions from most of the provinces in South Africa and from Botswana. The workshop will cover a comprehensive theoretical background of simulation in health professions, best practices and provide an opportunity for hands-on experience in human patient simulation (HPS) and standardized patient (SP). This will be a first for South Africa. Participants will gain insight in learning strategies to promote a clinically safe learning environment and promote adult experiential learning behaviours.

During this workshop, participants will make use of the new high-fidelity technology in the Authentic Learning facility at the UFS’ School of Nursing.

According to Prof. Yvonne Botma from the UFS School of Nursing, this workshop will equip the health-care profession’s educators with skills to assist their students in linking theory and practice. Simulation will enable students in health care to provide safe patient care with confidence.

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