Dominican Convent High School Harare, emerged as the winner of Pool B of the inaugural Capital Markets-High Schools Quiz competition held in Harare on September 30, 2022.
The quiz competition organised by Business Weekly in partnership with Financial Markets Indaba (FMI), is made up of four pools with the winner of each pool proceeding to the final to be held on the 4th of November 2022.
Pool B consisted of four high schools namely African Apostolic Church Secondary School from Guruve, Regina Mundi High School from Gweru, and St Johns Chikwaka High School from Goromonzi, and Dominican Convent Harare.
Speaking on behalf of the Securities and Exchange Commission of Zimbabwe (SecZim) chief executive officer Anymore Taruvinga, Head Investor Education at the organization, Farai Mpofu said; “All participants are winners as they walk away richer with a better understanding of the Capital markets.”
“The competition provides knowledge and opens the door to career options for the future and most importantly encourages them to invest in different products that are offered by the capital markets,” said Mpofu.
She said the commission works in the framework provided by National Development Strategy 1, the National Financial Inclusion Strategy of which they are members of the national steering committee and the SDGs where financial inclusion is a pillar to achieving economic development.
“The Capital Markets High School quiz promotes youth participation but also reaches the wider public for them to test and challenge themselves.
“We certainly hope that the quiz motivates many to take an interest in capital markets and be investors and for entrepreneurs to consider raising capital in this sector,” said Mpofu.
The Securities and Exchange Commission of Zimbabwe (SecZim) is the headline sponsor of the event while POSB and Ecocash Holdings are gold sponsors.
RANK Zimbabwe and First Capital Bank are silver sponsors while College Press is a bronze sponsor. Other sponsors are Delta, Milano, Hotplate Grill House, and the Zimbabwe Stock Exchange.
Business Weekly editor, Hebert Zharare, while welcoming the guests, paid tribute to corporates that answered to the call to help school children learn the dynamics of investment at a tender age.
“Welcome to the second leg of the Capital Markets High School Quiz show. I would like to recognise the following organisations that have made these shows a success through their generous sponsorship,” said Zharare, adding: “This list is long but I will not tire to mention them as follows; POSP, EcoCash Holdings, Rank Zimbabwe, First Capital Bank, College Press, Milano, Hotplate Grill House, Delta Beverages, Glass Creation and above all, our headline sponsor SecZim. We are still yearning for sponsorship and we call upon other corporates to join us and make this worthwhile cause a huge success.”
Zharare paid tribute to Government through the Ministry of Primary and Secondary Education that allowed the schools to participate in the national event.
During the quiz student’s performance was exceptional and one of the schools, African Apostolic Church Secondary School had the youngest and lowest grade of pupils, having a group of form ones and form twos. Most schools had pupils of higher grades form fours and form five.
In an interview the headmaster of African Apostolic Church secondary school, Tapiwa Madzvamuse, said he was “particularly impressed” by the competitiveness of the quiz competition.
“It helped myself, the kids and other colleagues of mine, to appreciate the role that capital markets play in the economy of Zimbabwe.”