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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

“A night of celebration” – Dr Van der Merwe

2016-05-04

The University of the Free State Faculty of Health Sciences held its annual prize function on 11 April, to celebrate the achievements of its top students from the three schools within the Faculty. Dr Lynette van der Merwe, undergraduate programme director at the School of Medicine, described the night as a celebration of success on many fronts.

The School of Medicine, Nursing, and Allied Health Professions gave students various awards, medals, and trophies for their academic performance and achievements in 2015.

Students encouraged to seize the day

Professor William Rae, Head of Medical Physics at the School of Medicine, was the occasion’s guest speaker. He encouraged students to use the limited time each one of them has in the world to the best of their abilities by always seizing the day. “As prize winners, be leaders, changers in the world. Seek more, appreciate diversity, and mingle with people different from you; always overflowing with joy,” concluded Prof Rae.

Best overall students

Belinda Meyer received the award for best final-year student in the School of Allied Health Professions. Hailing from Potchefstroom, Meyer obtained her Bachelor in Occupational Therapy degree with distinction, and was nominated as the top achiever of her year.

In the School of Medicine’s undergraduate medical programme, Pieter Jan Louw was recognised as the final-year student with the highest academic achievement in all study years. He went on to receive his degree cum laude.

Michelle Horvath, a BSocSc Nursing student, received an award for being the student who displayed the most professional growth during her training. Her years of study were described as being characterised by perseverance and a sense of duty and professionalism.

And lastly, the trophy for the student with the best results in a first Bachelor’s degree in the Faculty was awarded to Karl Nicholas Sachse, who completed his degree in BMedSc (Radiation Sciences) cum laude. Recognised as one of the top five students in his first, second, and third years of study, Sachse is currently doing his BMedSc Honours in Medical Physics.

The evening carried with it its own special ambiance as achievements were celebrated by students, their families, and staff members from the Faculty.

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