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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

Kovsie Culture Week delves up diamonds

2014-08-07

Photo gallery

The finals of Kovsie Culture Week recently took place at the Centenary Complex on our Bloemfontein Campus. The event was hosted by the Arts and Culture Office and Hlonipa Matshamba: SRC Arts and Culture.

A week filled with fierce competition, close scrutiny and gruelling auditions provided a nerve-racking build-up to the finals. In front of a jam-packed audience, the finalists had to put their best foot forward. The rich variety of acts and talents were divided into categories ranging from dancing, singing groups and Idols to written and recited poetry, photography and visual art.

“The aim of Kovsie Culture Week was to provide a platform for students to display and share their talents and also to give recognition to students, from both on and off campus by means of this competition,” said Matshamba.

The first prize winners, per category, were:

Photography: Jansie Malan
Written poetry: Wian de Wet
Recited poetry: Tebogo Letsoara
Dance: Aisha Paswa
Singing groups: (LT)2 *squared
Idols: Delia Moumakwe
Visual art: Francine Kurt

“I joined the competition to share the effect of my special photo that shows the socio-economic indifferences and hardships that other people are facing,” Jansie Malan, a first-year BSc Consumer Science student, said. Delia Moumakwe, a second-year BA Industrial Psychology student, said that “I am grateful for my prize as a token of recognition and being afforded a recording deal sponsored by DJ’s Recording Studio.”

Matshamba added that the Kovsie community is thriving in the arts and we need to support that by providing similar opportunities. She also encouraged students to realise the treasure of their inner talents by making use of the Arts and Culture offices in various departments.

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