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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

Kovsie students’ artworks selected for Absa L’Atelier Awards 2013
2013-03-24

 

Learners from Ferrum High School in Newcastle, KwaZulu-Natal, admiring the artworks at the Centenary gallery.
Photo: Linda Fekisi
24 March 2013

Four artworks by Kovsie students have been selected for the 2013 Absa L’Atelier Awards. The artworks will form part of the national Absa L’Atelier exhibition later this year, which will be held at the Absa Gallery in Johannesburg.

Mandi Bezuidenhout, Louis Kruger and Johannes Botma, all master’s students in Fine Arts, have been selected as finalists for the central region of the prestigious competition.Two artworks of Louis, and one each of Mandi and Johannes, have been selected for the awards. Pauline Gutter, a former Kovsie student, has also been selected as finalist for the central region.

The Absa L’Atelier is South Africa’s most prestigious art competition and is held annually for artists between the ages of 21 and 35. This award not only ensures recognition for South Africa’s emerging artists, but also affords them the opportunity to develop their talents abroad. The winner of last year’s competition, Elrie Joubert, graduated with a master’s in Fine Arts from the UFS in 2010.

Four prizes are available in 2013’s competition. The first prize consists of R125 000 and a residency at the Cité Internationale des Arts in Paris. An Apersand Foundation Residency in New York City and a Sylt Foundation Residency on the Island of Sylt, Germany, will be granted through two merit awards. The most promising artist will receive the Gerard Sekoto Award of R80 000, as well as a residency at the Cité Internationale des Arts in Paris.

The Absa L’Atelier art competition is run in conjunction with the South African National Association for the Visual Arts (SANAVA).

An exhibition of artworks from the central region is currently on display at the Centenary Gallery, upstairs in the Centenary Complex, until 28 March 2013. The gallery will be open on 20, 25, 26, 27, and 28 March from 10:00 to 15:00.


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