Sizwe Mazibuko, a second-year BSc Quantitative Risk Management student at the North-West University (NWU), has been named a top 10 finalist in the prestigious 53rd Nedbank & Old Mutual Budget Speech Competition.

This competition serves as a platform for the brightest economic minds in South Africa to engage with critical financial issues, fostering solutions that contribute to the nation’s economic growth.

The competition is open to both undergraduate and postgraduate students pursuing economics-related studies at recognised South African institutions. It challenges participants to explore thought-provoking questions with real-world relevance, pushing them to apply their academic knowledge to pressing economic challenges.

As an undergraduate finalist, Sizwe tackled the question: “Discuss the impact of public debt on government finances in developing economies, focusing on South Africa”.

This topic required participants to analyse the complexities of public debt and its implications for economic stability, fiscal policy, and long-term growth in developing nations, particularly South Africa. Given the country’s ongoing economic challenges, Sizwe’s insights into sustainable debt management and financial policy would have been crucial in shaping discussions at the event.

The finals are taking place from 17 to 20 February 2025, bringing together some of the country’s most promising economic scholars.

Sizwe’s achievement in reaching the final round is a testament to his analytical abilities, dedication, and passion for economic problem-solving. His success highlights the importance of nurturing young economic thinkers who will play a key role in shaping South Africa’s financial future.

As the nation grapples with economic uncertainties, students like Sizwe represent a new generation poised to contribute innovative solutions to national and global economic challenges.