Latest News Archive

Please select Category, Year, and then Month to display items

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

UFS PhD scholar honoured by Free State MEC of Education

2016-12-12

Thabo Sithole was awarded a National Teaching Award
for excellence in teaching Physical Sciences.
Photo: Aneka van der Merwe

Thabo Sithole, a PhD student at the University of the Free State’s (UFS) Faculty of Education, was recently awarded a prestigious award during the provincial National Teaching Awards in November at which he was celebrated along with other teachers from the Free State.

Sithole was awarded for excellence in teaching Physical Sciences, using a variety of strategies to appeal to the different abilities of learners.

He holds a BSc Medical Microbiology, BSc Chemistry, BCom Economics, BSc Hons in Chemistry, BCom Hons in Economics and MA in Mathematics. To qualify to become an educator, he completed his Postgraduate Certificate in Education (PGCE) at UFS.

Apart from teaching, Sithole assists youths confronted with substance abuse and was instrumental in getting funding to assist young people in Jacobsdal. The Albertina Sisulu Youth Recreation Centre in the town now receives annual funding from the Free State Department of Social Development.

Through the National Teaching Awards, the Department of Basic Education acknowledges the extraordinary efforts of teachers, often achieved under very difficult conditions and in service to children from underprivileged families and economically depressed communities.

Leadership is a crucial element to all schools functioning at optimum with all teachers, learners and parents moving forward with a common vision for the improvement of the school.

Sithole’s work also focuses on clustering childhood development centres to work together in order to enhance the preparedness of learners entering primary school. The MEC for Education, Mr Tate Makgoe, said the National Teaching Awards recognised and promoted excellence in teaching.

The UFS Faculty of Education congratulated all teachers in South Africa who worked tirelessly to build a better future for all learners.

Back

Economic and Management Sciences

Education

Health Sciences

The Humanities

Law

Natural and Agricultural Sciences

Theology and Religion

Open Distance Learning

Business School

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept