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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

Centre for Africa Studies concludes ANC Centenary Dialogue series

2013-02-20

Attending the closing seminar were from left: Prof Chris Saunders, Editor of the ANC Centenary dialogue book; Vincent Khetha from the Free State Provincial Government’s Department of Sport, Arts, Culture and Recreation; Prof Kwesi Prah; Siphamandla Zondi, Editor of the ANC Centenary dialogue book; Dr Dennis Goldberg and Prof Kwandiwe Kondlo.
Photo: Steffi Cawood
20 February 2013

Speech:"The future of South Africa in Africa" (pdf)

The Centre for Africa Studies received praise for the series of dialogues it hosted on the ruling ANC party, conversations which started before the party held its 53rd National Conference on our Bloemfontein Campus.

The Centre recently hosted the last seminar in the ANC Centenary Dialogue series, a project which started in November 2010 when the ruling party prepared for its centenary celebrations in 2012.

Prof Kwandiwe Kondlo, former Head of the Centre, and currently professor at the University of Johannesburg, told guests at the closing seminar, "it was a job well done which kept dialogue going on". Prof Kondlo said a book with a collection of papers presented during the series is being finalised, with senior ANC officials expected to attend the book launch on the Bloemfontein Campus later this year. The book features chapters by scholars like Profs Stephen Ellis, Shireen Hassim, Colin Bundy and Ben Turok and covers topics on the role of women in the liberation struggle, the party's economic policy and the history of the party in exile.

Speakers at the closing seminar included Prof Kwesi Prah, whom Prof Kondlo introduced as "one of Afica's intellectual giants,” struggle veteran, Dr Dennis Goldberg and the new Head of the Centre for Africa Studies, Prof Heidi Hudson.

Prof Prah, who delivered the keynote address, spoke about "The future of South Africa in Africa."

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