MDANTSANE’S Sandisiwe High School beat some of the best schools in the country last week when it was declared the April winner in the Johannesburg Stock Exchange (JSE) Liberty In vestment Challenge.
Grade 11 pupils Asiphumze Kiwa, Siphesande Grungxu, Sesethu Jako and Zanethemba Zan gashe made their disadvantaged school proud and also won R3000.
The competition has attracted 6488 pupils countrywide.
Despite challenges such as overcrowded classrooms and shortages of textbooks, the Mdantsane pupils said they aimed to win the big prize of R60000 in October.
“We were very happy when we heard that we had won in our category, Income Portfolio. We are learning about the trading business and the competition helps us with economics and accounting,” said pupil Asiphumze Kiwa.
Jenny Singh of the JSE said the com petition had attracted 301 schools country wide and 1622 teams had registered this year.
“The JSE Liberty Investment Challenge is a focused and far-reaching educational programme aimed at introducing pupils to the workings of a securities market and its role in wealth generation as well as a creation of employment opportunities while growing the country’s economy,” Singh said.
The challenge offers pupils an imag inary R1-million to learn about investments through managing them and trading on the JSE.
“The competition can be really tough sometimes. In March there were no winners in our category and for us to win for April means that we worked hard and we are proud of that,” said 17-year-old Siphesande Grungxu.
Last month’s winners included Diocesan College Bishops from the Western Cape in the Equity Portfolio and Pretoria Boys High School in the Speculator Portfolio.
“Any South African high school may enter one or more teams, and the challenge is not only meant for learners in the economic management sciences.
“A team has to have four members from Grade 8 to 11 – Grade 12 pupils need the per mission of their principal to en ter,” Singh said.
Teacher and mentor Gcisa Nkonkoto said not many Mdantsane schools had registered for the competition.
“It’s very important for us to teach our children at a young age about investing, to end the bad habit of wasting money,” Nkonkoto said.
“We are very proud of our pupils. They have put us on the map and a certain amount of money will be used to encourage such opportunities for them,” said deputy principal Mava Jack.
The competition ends on September 27. Auditing then takes place and the winners will be an nounced at the award ceremony, which will be held at the JSE in October.
Information can be found on — mame lag@dispatch.co.za
M'sane school beats odds to win JSE challenge
Grade 11 pupils Asiphumze Kiwa, Siphesande Grungxu, Sesethu Jako and Zanethemba Zan gashe made their disadvantaged school proud and also won R3000.
The competition has attracted 6488 pupils countrywide.
Despite challenges such as overcrowded classrooms and shortages of textbooks, the Mdantsane pupils said they aimed to win the big prize of R60000 in October.
“We were very happy when we heard that we had won in our category, Income Portfolio. We are learning about the trading business and the competition helps us with economics and accounting,” said pupil Asiphumze Kiwa.
Jenny Singh of the JSE said the com petition had attracted 301 schools country wide and 1622 teams had registered this year.
“The JSE Liberty Investment Challenge is a focused and far-reaching educational programme aimed at introducing pupils to the workings of a securities market and its role in wealth generation as well as a creation of employment opportunities while growing the country’s economy,” Singh said.
The challenge offers pupils an imag inary R1-million to learn about investments through managing them and trading on the JSE.
“The competition can be really tough sometimes. In March there were no winners in our category and for us to win for April means that we worked hard and we are proud of that,” said 17-year-old Siphesande Grungxu.
Last month’s winners included Diocesan College Bishops from the Western Cape in the Equity Portfolio and Pretoria Boys High School in the Speculator Portfolio.
“Any South African high school may enter one or more teams, and the challenge is not only meant for learners in the economic management sciences.
“A team has to have four members from Grade 8 to 11 – Grade 12 pupils need the per mission of their principal to en ter,” Singh said.
Teacher and mentor Gcisa Nkonkoto said not many Mdantsane schools had registered for the competition.
“It’s very important for us to teach our children at a young age about investing, to end the bad habit of wasting money,” Nkonkoto said.
“We are very proud of our pupils. They have put us on the map and a certain amount of money will be used to encourage such opportunities for them,” said deputy principal Mava Jack.
The competition ends on September 27. Auditing then takes place and the winners will be an nounced at the award ceremony, which will be held at the JSE in October.
Information can be found on — mame lag@dispatch.co.za
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