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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

Former UFS Dean awarded SAAWK medal for contribution to Bible translation work

2016-05-09

Prof Hermie van Zyl
Photo: Eugene Seegers

Prof Hermie van Zyl, former Dean of the Faculty of Theology at the University of the Free State (UFS), was recently awarded the Ds Pieter van Drimmelen medal by the South African Academy of Science and Arts (SAAWK) for his contribution to Afrikaans Bible translation and other translation work.

Prof Van Zyl was part of the team that published the Interlinear translation of the Bible (New Testament) in Greek and Afrikaans. This translation takes the reader from the original text (Greek), to an almost verbatim version, to a rough translation, and, ultimately, to a more polished, finished translation in the target language of Afrikaans.

Other translations Prof Van Zyl has been involved in include the Afrikaans Bible for the Deaf (published in 2008), the direct translation of the Bible (of which the New Testament and the Psalms have already been published), the New Living Translation, the Parallel New Testament, and the Reference Bible. He is the first lecturer from the Faculty of Theology at the UFS to receive an award from the SAAWK.

“It is a wonderful privilege and an honour and really came out of nowhere,” said Prof Van Zyl. He added that he is grateful that, amongst all the wonderfully talented people at the UFS, he could make a modest contribution. He mentioned that the collegial conversations, seminars, and other discussions in the faculty over the years, were very stimulating. He singled out Prof Jan du Rand and Prof Francois Tolmie (another former Dean of the Faculty and long-time colleague in the department of New Testament Studies) as inspiration.

The official presentation of the medal will take place in the Atterbury Theatre in Pretoria on 29 June 2016.

Prof Van Zyl was employed in the Faculty of Theology at the UFS for 29 years until his retirement in 2013. He is currently a Research Fellow in the Department of New Testament, and still lectures on occasion.

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