Happy equity returns for Maritzburg College

2009-06-26 00:00

MARITZBURG COLLEGE is one of three schools leading the pack in the contentious JSE/Liberty Life Investment Challenge in KwaZulu-Natal.

The three winners — the other two are Durban schools Glenwood High and Clifton College in Morningside — were announced yesterday and honoured during a breakfast ceremony held at Gateway Shopping Mall.

The challenge is an educational investment by the bourse and the insurance giant that seeks to increase financial literacy by introducing young South Africans to the intricacies of the financial world.

The programme has been running for the past 35 years.

For the challenge in its fourth month this year, R500 was awarded to each of the pupils of each of the winning schools in KZN. This is in addition to R500 for their school and another R500 that goes to their teachers and mentors.

The Maritzburg College group, which goes by the name of The Stig, first won the challenge for the equity growth portfolio in March.

In May they secured the highest growth of 12,30% in their equity portfolio.

In April, Glenwood’s Falcons grabbed the top spot in the province in the equity portfolio, while Clifton College’s Share It team won in the speculator portfolio.

The head of Economics at Maritzburg College, Chris Greene, said his priority is to ensure that his pupils not only understand the subject, but also have a practical idea of economics.

“I have made use of the JSE Investment Challenge to allow my learners an opportunity of practical learning and I am proud that they have won twice in the competition,” Greene added.

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.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

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.