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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

Dr Cawood awarded prestigious British Academy Newton Advanced Fellowship
2016-08-02

Description: British Academy logo Tags: British Academy logo
Description: Newton fund logo Tags: Newton fund logo

“I am absolutely thrilled to be associated with such esteemed organisations as the Newton Fund and the British Academy.” This is what Dr Stephanie Cawood, from the Centre for Africa Studies (CAS) at the University of the Free State (UFS), had to say on being awarded a prestigious British Academy Newton Advanced Fellowship. It is part of the United Kingdom’s (UK) Official Development Assistance (ODA).

Grant will assist research on the meaning of museums, monuments, spaces, and discourse

She received a grant of £62,904 (R 1,177,949.35), that will enable her to conduct research that will compare how liberation struggles have been memorialised in South Africa and Uganda. The focus will be on museums, monuments, spaces, and discourse.

The idea is to analyse the relationship between memory, space, and power, said Dr Cawood. The project will run over three years, and will involve comparative fieldwork between liberation movements in South Africa and Uganda.  Dr Johnathan Fisher from the International Development Department at the University of Birmingham will be Dr Cawood’s research partner. “Building a research network between the institutions involved is an important aspect of this research,” said Dr Cawood.

Fellowship will enhance international footprint and collaboration

“I believe it will contribute significantly to my intellectual engagement, career advancement, and international footprint”.

“I believe it will contribute significantly to my
intellectual engagement, career advancement,
and international footprint”

The award also has the potential to further relations at a broader level between the UFS and the University of Birmingham. It will also strengthen a collaborative relationship between the CAS and International Development Department.

The British Academy is the UK’s national body for championing the humanities and social sciences, and counts many world-leading scholars and researchers among its ranks.

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