Dominican Convent Bulawayo wins Pool C of Quiz Competition

14 Oct, 2022 - 18:10 0 Views
Dominican Convent Bulawayo wins Pool C of Quiz Competition Capital Markets High Schools Quiz Competition (Pool C) winners Dominican Convent High School (Bulawayo) students from left Victoria Shumba, Gladys Mangwiro, Kimberly Moyo, and Kimberly Mazhambe. The competition is being run by Business Weekly in partnership with the Financial Markets Indaba.

eBusiness Weekly

Business Writer

DOMINICAN Convent High School, Bulawayo, triumphed over its Pool C contenders in today’s edition of the ongoing Capital Markets High Schools Quiz Competition, held at the ZTN Prime studios in Harare.

Today’s edition was a contest between Kutama College, Nyadire High School, Mutambara High School, St Anne’s Goto High School, and the winners Dominican Convent High School Bulawayo.

Business Weekly and Financial Markets Indaba organised the quiz competition consisting of four pools and will be running until the 11th of November 2022.

Securities and Exchange Commission of Zimbabwe (SecZim), Head of Investor Education, Farai Mpofu, said she was delighted with the progress attained by the competition thus far, as students were proving to be accumulating knowledge from materials deployed to them.

She said she was pleased that the content these students were reading was an education for life, and it was a necessity that saving and investing skills are instilled at an early age.

“If we can teach young people about money at this early age, guide and discipline them about money and appropriate deployment of funds we will definitely be going somewhere, we are seeing that to work from the quality of answers we are getting.

“We are well within our mandate as SecZim, we are making progress raising awareness of the capital markets, that is involving people in the development of the nation by taking money away from consumption into productive business activity to make more money,” said Mpofu.

SECZim is the headline sponsor of the quiz. Other sponsors are POSB and Ecocash (Gold), First Capital Bank and Rank Zimbabwe (Silver) College Press (Bronze), Schweppes Zimbabwe, Tika Shoes, Milano, Glass Creations, Hotplate Grill and Delta Corporation.

Zimbabwe Stock Exchange (ZSE) head of markets, Kudakwashe Mundowozi, said his organisation took absolute pleasure in being part of an event of high impact which seeks to equip the younger generation with the necessary skills and knowledge of capital markets.

“This initiative is quite a pleasant one as it makes us confident that we are going to leave the market in very capable hands.

“This guarantees a better future, as the capital market is a market for raising long-term capital, which is critical for fuelling the productive sectors of the economy,” said Mundowozi.

Tika Shoes managing director, Hashmook Naran, who was part of the team sponsoring the event said he took pride in sponsoring the event as it nourished the minds of the youths.

He offered to give a pair of shoes to the current and previous winners of the quiz competition as prizes.

“We have been associated with programmes aimed at improving Zimbabweans’ knowledge for a while now, we would like to see young kids develop in this financial field, and this sponsorship is to encourage them,” said Naran.

Gladys Mangwiro, Kimberly Mazhambe, Kimberly Moyo, and Victoria Shumba from the Dominican Convent High School Bulawayo said the competition was necessary given its ability to instill life skills especially when it comes to handling finances and investment.

“We are really happy to win because it was difficult at first. Most of the things are very new, we made notes from the reading material you gave us, so it took some time. We are getting enlightened through investment 101.

“This is helpful because although we are science students we are considering starting businesses or investing as we now know how to invest so that we retire earlier, maybe at 50, “they said.

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