Teaching young art of business

2015-10-29 06:00
 ikhwezilesizwe Primary School learners working on their businesses.

ikhwezilesizwe Primary School learners working on their businesses.

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

For a day, learners at Ikhwezi Lesizwe Primary in Khayelitsha, had to think like serious business men and women.

It was during the Nedbank 4me Entrepreneur’s Day, which provides money management programme .

The programme is aimed at instilling an entrepreneurial culture and empowering learners nationwide to build financial fitness from an early age.

Desmond Osman, the head of Youth and Entry Level Banking Marketing at Nedbank said that the bank recognises that its role in society goes beyond just banking. ‘The youth form over 50% of the South African population (and) are key to building the future we want for our nation in ensuring (that)we create a vibrant society and economy.”

Osman added: “There is no better time to shape or influence a young mind positively than at a young age.’

According to him, the programme continues to gain momentum, having reached over 72 000 learners, 100 000 parents and 1500 educators, “whose roles are critical, to ensure we make the things happen.”

Each participating school will receive a kit, teaching learners how to start their own business and manage their money.

The kit includes guidebooks for teachers, with guidelines and implementation tips for use during classes, workbooks designed to teach learners how to start and run their own business and manage their money, “money maps” aimed at helping learners to plan and track their money, posters aimed at advertising the Entrepreneurship days and acting as reminders of the programme’ s four principles of spending, saving, growing and being good.

Learners who successfully complete the programme will be awarded certificates. The criteria for the certificates will be based on how much the learners spent the money they had saved, their contribution towards good causes and plans for potentially growing their business.

Principal Norma Mayeye said she was thrilled with the partnership between her school and the bank.

“Our staff and learners enjoyed this session and I am sure they will utelise it in their lives. We learnt a great deal about managing finances and thinking broadly about matters concerning finance. I am we will put this to good use,” she said.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Financial advisors – Do you need one and should you get one?

The good, the bad, and everything else you need to know when considering hiring a financial advisor.


Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.