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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

Outstanding UFS alumni celebrated at annual award ceremony

2016-11-08

Description: Alumni awards 2016 Tags: Alumni awards 2016

Justice Mahube Molemela, Justice Ian van der Merwe
and Tanya Calitz.

The annual Chancellor’s Distinguished Alumni Awards ceremony was presented by the Office of Institutional Advancement on 5 November 2016, at the University of the Free State (UFS) Bloemfontein Campus. The prestigious awards recognise outstanding achievements of UFS alumni provincially, nationally and internationally. These are alumni who have not only placed the university on the world stage but have inspired the next generation of Kovsies and their communities at large.

“I am proud of this year’s award recipients and it is an honour to recognise them for the contributions they make,” said Justice Ian van der Merwe, Chairperson of the UFS Council, at the ceremony. “With these awards, the university wants to strengthen its bond and replenish its connection with alumni, showcase their achievements, and inspire other alumni and students to achieve in their respective fields,” Justice van der Merwe said.

For the first time, the Young Alumnus of the Year Award was presented, to recognise and celebrate the achievements of alumni who have graduated within the past decade. The recipient of the award, Tanya Calitz, Research Lawyer at the Constitutional Court of South Africa, said in her acceptance speech: “At Kovsies you arrive as a student and leave as a critical thinker and leader.”

The Chancellor’s Distinguished Alumnus Award was presented to Justice Mahube Molemela, Chancellor of the Central University of Technology and Judge President of the Free State High Court. “I accept this award with humility and appreciation from this esteemed institution. It is moments like these that we as alumni should reflect on what we can do to contribute to the excellence of the UFS,” said Justice Molemela.

More awards were presented to alumni in the following categories:
•   Rolene Strauss, former Miss World and student at the UFS.
•   Wayde van Niekerk, current world record holder, world champion and Olympic champion in the 400 metres, and student at the UFS.

Cum Laude Award:
•   Neil Powell, Coach of Blitzbokke that won the bronze medal at the Olympic Games in 2016.
•   Professor Eunice Seekoe, Acting Dean: Faculty of Health Sciences, and leader in Health Science professional training.
•   Gary Stroebel, CEO of Central Media Group and visionary media pioneer.

Executive Management Award:
•   Anna Botha (Tannie Ans), coach and mentor of Wayde van Niekerk.
•   Anton Esterhuyse, musical director, composer, arranger, producer, and performer.

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