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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

Kovsies triumph in Free State hockey

2014-08-05

During the first weekend of August 2014, the University of the Free State (UFS) was once again crowned as the Free State hockey champions.

In the finals of the Free State championships, the Kovsies’ women’s team beat the Reds (Kovsies 2nd team) by 10-1. This is the ninth consecutive year that our women’s team walk away as champions. It was clear from the start that Kovsies wouldn’t be satisfied by anything less than a win and a courageous Reds team was unable to cover all the gaps.

After being at the helm for three years, the Kovsies’ coach, Jacques du Toit, announced his retirement after the game. During his coaching term, Kovsies had their best performances since the 1984 season – when the Kovsie women won the University Sports South Africa (USSA) tournament.

Since 2012, the Kovsies’ women’s team went from strength to strength. For the first time since 1993, they ended among the top four teams in the USSA tournament that year. In the following year they repeated this performance and also achieved a bronze during the first Varsity Sport Hockey tournament for women.

Kovsies’ men’s hockey team was also crowned as champions in the Free State championships for the 12th consecutive year. We won against the Central University of Technology in the finals by 9-2. This year our team of champions also succeeded in breaking a medal drought of 30 years in the USSA tournament. We defeated the team from the University of Johannesburg to gain a bronze.

This year, Kovsies was also the only university that managed to win two medals at the USSA hockey tournament and can rightfully claim the title as best tertiary hockey club in the country.

Kovsies’ men’s team: Back, from the left are: Brad Hensberg, Rogan Jones, Mikhail Mannel, Egon van der Merwe, Stanley de Villiers,
Cheslyn Neethling, Michael Baiden, Richard Copley (physio) and Braam van Wyk (coach). Centre, from the left are: Darryl Sutherland,
Ian Finlay, Gerald van Blerk and Dylan Swanepoel (vice-capt). Front, from the left, are: Jaco Fourie, Qhayiya Jack, Berne Burger, Nazo
Mlakalaka, Kurt Hensberg, Lehan Bloemhoff and Ruan Kleinhans.

Kovsies’ women’s team: Back, from the left are: Madie Wessels, Izelle Lategan, Nisa van Zyl, Timon Botha, Jacques du Toit, Beatrix
Wesstdyk, Jacqie Ras, Jo Nelka Swanepoel and Lisa Hawker. Front, from the left are: Nicole Walraven, Tanya Britz, Line Malan (capt),
Minjon van Tonder (vice-capt), Kim Mentor, Inke Wolmarans and Cornelle Botha.

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