Young economist competition 2018 winners announced

Posted by Melt van Schoor on 2018-10-30

Congratulations to Loumari Muller and Danielle Neizel (The Fast and The Curious) from Stellenbosch University who took first place in this year's Young Economist Competition. Each year, the Die Burger Young Economist Competition puts first-year economics students head-to-head with the aim to predict economic variables such as CPI inflation, real GDP growth, commodity prices and exchange rates. It was especially great to see such enthusiasm and insight from the students amidst a challenging and uncertain economic environment. In second place were Refiloe Mokgele, Ngounou Mouende, Semere Ntshangase, and Joshua Phiri (The Seers) from the University of Cape Town, and, in third place, were Rivaldo de Bruin and Luke Lawrence (Young Economic Empowerers) from Stellenbosch University. Many thanks to our sponsor, Die Burger, for hosting a fun and lively awards ceremony at the Media24 Centre in Cape Town. To all of the remaining teams who placed in the top 10, well done on a fantastic effort - we were impressed with your insight and grit! Thank you all for being a part of the competition, and all the best as you continue forward in your studies, and in forging a deeper understanding of Economics! (Thanks to Hylton Hollander for contributing this article and Natalie Gabriels for the photo.)

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BER Weekly

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Late Friday night, Moody's downgraded SA's foreign and local currency sovereign credit rating to Ba1 - one notch below investment grade - following a scheduled ratings review. Tragically, SA also recorded its first COVID-19 deaths and cases surged to over 1 200 during the week.In financial markets, the SA Reserve Bank (SARB) announced it would start...

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