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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

Miss World 2014 is a Kovsie

2014-12-14

Photo: Netwerk 24

The management, staff and students of the University of the Free State (UFS) are delighted with the naming of Rolene Strauss, third-year MB ChB student in the School of Medicine, as Miss World 2014.

Rolene was crowned as Miss World 2014 in London, United Kingdom, earlier this evening. The last time a South African was crowned Miss World was in 1974, when Anneline Kriel walked away with the title. Before her, Penny Coelen was crowned Miss World in 1958.

“Rolene represents the best of South Africa - a deep commitment to education and a profound compassion for human beings. Since the first day I met her as a new first-year medical student, I was aware of somebody special, a young woman from a rural area who carried herself with so much grace and confidence. She is truly without prejudice towards any human being and this has made her one of my allies in building the Human Project of the University of the Free State,” says Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS.

“I was not at all surprised that she chose as her beauty-with-a-purpose project the task of keeping young girls in school; this is who she is, and if you observe her dedication to her medical studies, you see someone for whom studies and service are not the add-on obligations of the Ms World Pageant; it is who she is in real life,” he says.

“Rolene has proven herself to be a dedicated, hard-working and enthusiastic young woman. These are qualities which will make her an equally exceptional Miss World,” says Prof Gert van Zyl, Dean of the Faculty of Health Sciences.

According to Prof Van Zyl, Rolene interrupted her medical studies when she competed in the Miss South Africa pageant. “We are extremely proud of Rolene and will definitely welcome her back after her year as Miss World. She is an inspiration to us all,” he says.

According to Mosa Leteane, President of the UFS Student Representative Council (SRC), the entire student community is elated about Rolene’s crowning. “We know that she will continue to do great on her new journey. Her passion for people and kind spirit are some of the many beautiful traits that continue to make her an exemplary fellow Kovsie. We would like to congratulate her and wish all the best. She has really made us extremely proud,” says Leteane.

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