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16 October 2024 | Story Anthony Mthembu | Photo Supplied
Sanlam and Santam
Top 10 finalists of the Sanlam and Santam Economist of the Year competition with Dr Genius Murwirapachena (right) and Prof Johan Coetzee (left).

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

UFS Psychologist honoured for lifelong contribution
2015-12-09

Prof Dap Louw, distinguished professor and forensic psychologist from the University of the Free State, receives a Lifelong Achievers Award from the University of Johannesburg. From left is: Prof Theo Veldsman, head of the Department of Industrial Psychology and People Management at UJ, prof Louw, prof Deon de Bruin, Department of Industrial Psychology and People Management at UJ, and prof Daneel van Lill, dean at Faculty of Management at UJ.
Photo: Jan Potgieter, UJ

 

It is always good to be honoured by your own university, but it is even more special to be honoured by another university, according to Prof Dap Louw, distinguished professor and forensic psychologist from the University of the Free State (UFS), on an award he received from the University of Johannesburg (UJ).

On 5 November 2015, Prof Louw received the prestigious Lifelong Achievers Award from the Department of Industrial Psychology and People Management at UJ in recognition of the major contribution he has made during his career in psychology. He was one of two recipients of the award during this year’s UJ Top Achievers Awards Ceremony.

Prof Louw had great appreciation for his students and colleagues at the UFS, without who he would have been “without arms”.

Worthy legacy

The Lifelong Achievers Award is presented to retired academics that have, over their careers, consistently made significant contributions to their field, nationally and/or internationally, and have left behind a worthy legacy.

According to the description for the award, the recipient has left behind a legacy in his or her specific field which is gratefully acknowledged by all past, present and upcoming professional colleagues, students, clients and other stakeholders.

This description concludes with: “We are a better science and profession because of you”.

Career full of highlights

Prof Louw is the author or co-author of over 100 articles in accredited national and international journals, and he is an accredited NRF researcher.

He is the principal author and editor of several textbooks currently prescribed by 12 universities in South and Southern Africa. It is estimated that, over the years, more than 100 000 students have received their training via textbooks he has written with his wife, Prof Anet Louw.

Prof Louw holds a master’s and doctoral degree in Criminology, and a master’s and doctoral degree in Psychology. He is the only person in South Africa with these qualifications.
During his career as forensic psychologist, Prof Louw has testified in many familiar criminal cases in South Africa and Namibia.

The Academy of Science of South Africa presented him with the Stals Award for Psychology and he was honoured by The National Honor Society in Psychology in the USA as well.

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