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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

Highlights of South Campus
2017-01-18

Description: ACT online South Campus Tags: ACT online South Campus

Description: South Campus new residence Tags: South Campus new residence

Description: South Campus supplementary school Tags: South Campus supplementary school

We look back on 2016 to pick out the outstanding achievements of our three campuses. Here is a selection of headlines from the South Campus.

Fully online Advanced Certificate in Teaching (ACT)

In July 2016, the South Campus of the University of the Free State (UFS) became the first in South Africa to introduce an online platform for teachers to obtain the Advanced Certificate in Teaching (ACT). This unique platform, entirely online, provides teachers the opportunity to complete these certificates faster than before.

First residence for UFS South Campus
In the second semester of 2016, a new residence, named Legae, was opened on the South Campus, with 146 double rooms and 17 kitchens. The new residence accommodates 250 undergraduate and 20 postgraduate students and has 270 beds, 20 single-bedroom flats, 12 additional single rooms, as well as eight laundry rooms and a drying area. Since the UFS strives to cater for differently-abled people, this residence has two rooms available on the ground floor of Block C for differently-abled students.

The residence is also the first at the university that has a grey-water system installed. This water will then be reused for toilet flushing as well as for irrigation purposes on the campus.

South Campus supplementary schools foster future Kovsies
The Monyetla Bursary Project, in partnership with the UFS and other sponsors, presents an annual Winter School for Grade 12 learners on the South Campus. In addition, a Saturday school for Grade 12s has been in operation since 2007.

“Champion teachers in the district assist learners”

Each Saturday, 650 learners attend the classes. Chris Grobler, a science teacher at Navalsig High School in Bloemfontein, who organises both schools, says: “The 1 200 learners at the Winter School came not only from the Free State but from as far as the North West province, Gauteng, and Eastern Cape. We are very pleased about this, as it means that the image of the UFS is being carried further afield.”

A special feature included in this year’s programme was interpreting services in South African Sign Language (SASL) for deaf students.

 

 

 

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