Dominican Convent Bulawayo wins Pool C of Capital Markets Quiz Competition

Dominican Convent High School, Bulawayo triumphed over its Pool C competitors in Friday's edition of the Capital Markets High School Quiz Competition, held at ZTN Prime Studios in Harare.

HARARE – Dominican Convent High School, Bulawayo triumphed over its Pool C competitors in Friday’s edition of the Capital Markets High School Quiz Competition, held at ZTN Prime Studios in Harare.

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

Business Weekly and Financial Markets Indaba organized the quiz competition, which consists of four pools and runs until November 11, 2022.

Farai Mpofu, Securities and Exchange Commission of Zimbabwe (SecZim), Head of Investor Education, said he was pleased with the progress made by the competition as the students proved to be accumulating knowledge from the material which was provided to them.

She said she is delighted that the content these students are reading is an education for life and that it is necessary to inculcate savings and investment skills from an early age.

“If we can teach young people about money at this young age, we will guide and discipline them
When it comes to money and good use of resources, we’re definitely going somewhere, we see it working by the quality of the responses we get.

“By fulfilling our mandate as SecZim, we are making progress in raising awareness of capital markets, i.e. engaging people in the development of the nation by diverting money from consumption to activities productive trades to make more money,” said Mpofu.

Zimbabwe Stock Exchange (ZSE) Head of Markets, Kudakwashe Mundowozi said his organization was delighted to be part of a high-impact event aimed at equipping the younger generation with the necessary skills and knowledge in capital markets.

“This initiative is very gratifying because it gives us confidence that we are putting the market in very competent hands.

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

Hashmook Naran, Managing Director of Tika Shoes, who was part of the team that sponsored the event, said he was proud to sponsor the event as it nurtures the spirits of young people.

He offered to give current and past quiz contest winners a pair of shoes as a prize.

“For some time, we have been associated with programs aimed at increasing the knowledge of Zimbabweans. We would love to see young children thrive in this area of ​​finance and this sponsorship is intended to encourage them,” Naran said.

Gladys Mangwiro, Kimberly Mazhambe, Kimberly Moyo and Victoria Shumba of Dominican Convent High School Bulawayo said the competition was needed because of its ability to teach life skills, especially finance and investing.

“We are very happy with the victory because it was difficult at the start. Most of the stuff is very new, we took notes from the reading material you gave us, so it took some time.

We are enlightened by Investment 101.

“It’s helpful because even though we’re science students, we’re thinking about starting businesses or investing now that we know how to invest so we can retire earlier, maybe at 50,” they said.

  • Editor/ additional report by BH24
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