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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

National U21 Hockey Player of the Year is a Kovsie

2015-09-16

The best U21 hockey player in the country
for 2015, Nicole Walraven

Nicole Walraven, a student at the University of the Free State (UFS), had a pleasant surprise waiting for her on 29 August 2015. She had participated at the Women's Interprovincial Tournament in Potchefstroom, and watching the finals from the stands with her family when the announcement was made.

“They announced that they were going to award South Africa’s (SA) Under-21 player of the year. It did not even go through my head that I could stand a chance of winning it. Then next minute, I hear my name being called. ”

“To win such an amazing award means so much to me. To be acknowledged as SA Under-21 player of the year of the entire country is still something that hasn't sunk in yet; I still can't believe it,” remarked Nicole.

Prior to this tournament, the 20-year-old was selected by the South African Hockey Association to represent South Africa, at senior level, at the World League in Spain and has again made the senior squad for selection to play in the Africa Cup of Nations tournament in October.

Nicole, a descendant of hockey players, is ambitious about winning the Africa Cup, which would open doors to the Rio Olympics. “It is my biggest dream to go to the Olympics. If I had the chance to go, I would be the 4th generation Olympian in my family,” she said.

In addition to her family, the final-year BA Human Movement Sciences student, credits her lecturers for her ability to juggle academics and a thriving sports career successfully.

“I owe it to my lecturers and the University for making it possible for me to pursue my dream as well as my studies,” she said, “It hasn't been easy, and I've had to make a lot of sacrifices but it's most definitely worth it.”

Also representing Kovsies on the SA Women’s Hockey team are Liné Malan and Tanya Britz.

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