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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

Manuel Castillo Book Prize goes to Prof Melanie Walker
2014-05-15



Prof Melanie Walker

Prof Melanie Walker from our Centre for Research on Higher Education and Development (CRHED) and Alejandra Boni from the Technical University of Valencia in Spain makes for a potent writing combination. Their book, Human Development and Capabilities: Re-imagining the University of the twenty-first Century, has won the 2014 Spanish Manuel Castillo Book Prize. This in the category of a Published University Research Monograph.

The aim of this prize is to stimulate academic, scientific and journalist research in the fields of cooperation, peace and human development. And this is precisely what underpins their book.

The content encourages the reader to re-imagine the role of the university and its potential for transformative ends. It urges the creation of better societies while acknowledging contemporary social and economic challenges. It shows how universities might advance human equalities and how these institutions can contribute to sustainable and democratic societies.

In her acceptance speech, Professor Walker noted that “the book is pioneering in its linking universities to human development in an age where globally human capital and economic growth approaches dominate higher education policy.” She noted that the human capital argument is by no means settled – an increased focus on economic growth only contributes to growing inequalities. “We hope the book will challenge and add to debating the purposes of universities,” Prof Walker said.

Not only was this trans-continental collaboration an intellectual and personal joy for Prof Walker, but it has served as a springboard to further research and more writing together with Alejandra Boni.


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