Investors: Local pupils shine in JSE challenge

2011-11-01 00:00

KWAZULU-NATAL schools Maritzburg College and Orient Islamic School were among the top performing schools in this year’s JSE/Liberty Investment Challenge.

The schools came second and third in the speculator and ­equity portfolios challenges, and received their prizes at a ceremony held in Johannesburg on Saturday.

Maritzburg College team Genius Investors took second place, and their school-mates, Super Heroes in Training, came fourth.

The teams are led by teacher Charles Coghlan and achieved impressive capital growths of 64,8% and 45,3% respectively.

Orient Islamic’s Orient Fantastic Four came achieved capital growth of 18,39% to take third position.

JSE/Liberty Investment’s senior general manager, Noah Greenhill, congratulated the schools on their hard work.

“We value the participation and dedication of the learners throughout South Africa and hope that the skills gained from the investment challenge can be implemented into their daily lives and beyond,” he said.

The JSE/Liberty Investment Challenge is the largest financial literacy competition of its kind and aims to educate South African youngsters about the role investment plays in the economy. — Witness Reporter.

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