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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

Alumni to be honoured once again for outstanding achievements

2016-09-05

Description: Alumni to be honoured Tags: Alumni to be honoured

Adv Roelf Meyer won the Chancellor’s
Distinguished Alumnus Award in 2015.

Alumni are a source of pride for the University of the Free State and their work in all spheres of society is recognised and celebrated. The UFS Alumni Office invites nominations for outstanding alumni for achievements attained in both their personal capacity and professional fields, for the Kovsie Alumni Awards in the following categories:

* The Chancellor’s Distinguished Alumnus of the Year Award is the highest honour accorded to an alumnus. This award recognises the distinguished achievements of its recipient (both professionally and personally) on a national or international scale.

* The Young Alumnus of the Year Award aims to recognise and celebrate the achievements of alumni who have graduated within the past decade.

* The Cum Laude Award is bestowed upon an alumnus to recognise excellence in any field.

* The Executive Management Award is made to any person (not necessarily an alumnus) who has delivered exceptional service to the university.

The Kovsie Ambassador Award is bestowed upon an individual whose achievements have brought distinction to him/her, benefited his/her community and brought credit to the University of the Free State

Nominations can be submitted in writing to the Alumni Office at alumni@ufs.ac.za using the provided nomination form. The nominee’s qualification and the year in which it was obtained at the UFS must be clearly indicated on the nomination form. In addition, a comprehensive CV of the nominee (including his/her achievements) must accompany each form. A selection panel will choose the outstanding candidate(s) with age, race and gender playing no role in the selection process. The closing date for submission of nominations is 12:00 on 30 September 2016.

In 2015, the Chancellor’s Distinguished Alumnus Award was presented to Adv Roelf Meyer at a luncheon held on 29 August. This year, the awards will be presented at a gala banquet on Saturday, 5 November.

Some of the previous winners include well known personalities such as: Leon Schuster, Cum Laude Award recipient, 1992; Dr Sheila Aronstam, Jewish historian, Kovsie Alumnus of the Year, 2013; Tate Makgoe, MEC for Education in the Free State, Alumni Cum Laude Award winner 2013; and Judge Violet Phatshoane, Judge of the Northern Cape High Court, Kovsie Alumni Award winner of 2014.

For inquiries, contact Helen Namponya on +27 051 401 9343, or by e-mail at alumni@ufs.ac.za.

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