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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

First woman appointed to represent the religious community on UFS Council

2015-12-08

Dr Nthabeleng Rammile

The Council of the University of the Free State (UFS) approved the appointment of Dr Nthabeleng Rammile as representative of the religious community during its meeting on Friday 4 December 2015. She is the first woman to be appointed in this portfolio on Council.

“We are really privileged to have on Council a person of high integrity who not only has a sound knowledge of the academic world, but also brings real skills in marketing and brand management to university governance. In addition, Dr Rammile has a heart for students, including both their academic and spiritual needs,” says Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS.

Dr Rammile, an alumnus of the UFS, was a lecturer in the university’s Department of Business Management from 2003. She ended her lecturing tenure when she decided to join the ministry full-time in December 2014. She was ordained in 2003 as a Pastor of the Global Reconciliation Church. While at the UFS, she completed her Master's in Services Marketing and a PhD in Brand Management.

She played a pivotal mentoring role and gave her students first-hand work experience by working closely with the private sector, as she wanted to ensure that her students leave the UFS with a real understanding of the working world.

At the Global Reconciliation Church, she is responsible for women’s ministry, community outreach projects, as well as multimedia services. She is passionate about inspiring and empowering women to become successful in all spheres of their lives, namely career, business, motherhood, academia and socially. Dr Rammile is an advocate for a healthy lifestyle, and she also conducts workshops that teach women in her ministry how to live healthy and well-balanced lifestyles.

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