I was commissioned in 1977, and their Passing Out Parade is very similar.
They are given the British "Wilkinson Sword".
The Best Cadet in the SAF is awarded the Sword of Honour, which is a Wilkinson.
(I have one from the SAF, not like the current black, but silver or stainless steel colour, and I also have a Wilkinson, left at my parents' home).
More recently, the SAF introduced the Sword of Merit.