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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

Growth in scholarly books ‘is remarkable’

2016-09-16

Description: Scholarly Books 2016 Tags: Scholarly Books 2016

The UFS is proud of the variety of books and
scholarly articles published by scholars
in various fields.
Photo: Charl Devenish

The UFS has shown steady growth in its output of scholarly articles. Dr Glen Taylor, Senior Director of Research Development, says “the UFS has shown remarkable growth in the output of scholarly book publications over the recent years." The 13,83 subsidy units from scholarly books in 2010 has grown to 98,52 in 2014, elevating the university to fourth position nationwide.

“It is encouraging for the research office to see that the number of books has increased over the years, together with the units we receive for subsidy, but also the steady increase in the quality of our scholarly books in general,” he said.

Contributors to the growth in scholarly publications include Dr Christian Williams of the Department of Anthropology, celebrated journalist Zubeida Jaffer, as well as JC van der Merwe, the Deputy Director of the Institute for Reconciliation and Social Justice (IRSJ), and Dionne van Reenen, researcher and PhD candidate at the IRSJ. Dr Williams received the 2016 Distinguished Scholar Book Prize at the official opening of the UFS earlier this year. The book, National Liberation in Postcolonial Southern Africa: A Historical Ethnography of SWAPO’s exile camps, is the first full-length scholarly monograph on SWAPO and Namibians in exile.

The 13,83 subsidy units from scholarly books in 2010 was approximately a 10% increase in outputs from 2005 to 2010. In 2010, the higher education institution sector as a whole produced 401,68 units from scholarly books. The UFS contribution of approximately 3,44% put the university in tenth position.

“The increase in subsidy for scholarly books should stimulate the sector further, and an increase in scholarly books is expected, which complements the university research output strategy to become a leading research-intensive institution,” Dr Taylor said.

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