Pupils earn big prizes in ‘Money’ contest

2015-11-04 06:00
PHOTO: supplied  Kharina Secondary pupil Llywelyn Dumakude, Umgungundlovu District winner draws a number at the 2015 Talk Money Speech Contest. With her (from left) programme director Fortune Nkwanyana, Christi Naudé (KZNFLA executive     director),

PHOTO: supplied Kharina Secondary pupil Llywelyn Dumakude, Umgungundlovu District winner draws a number at the 2015 Talk Money Speech Contest. With her (from left) programme director Fortune Nkwanyana, Christi Naudé (KZNFLA executive director),

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LLWYELYN Dumakude from Kharina­ Secondary School is a Grade 11 pupils who walked away with various prizes in the final round of a provincial money speech contest.

The pupils talked for five minutes each on money matters in the KZN Financial Literacy Association (FLA) 2015 Talk Money Speech Contest at the Port Shepstone Civic Centre on Friday and earned the prizes.

Matthew van der Meer (Glenwood High) walked away with a bursary from the Financial Planning Institute to study financial planning. Hot on his heels was Estcourt High pupil, Siphelele Mkhize, who won a bursary to study BComm, sponsored by Richfield, Graduate Institute of Technology.

Hailing from the host district, Asanda Cele (Mthusi High School) was a popular third winner.

The top three, as well as the other nine district finalists also received Tablets and goodie bags. Van der Meer’s speech “I wanna make my own money, my own way” also earned him a laptop and data projector for his school, while other participants each talked away data projectors for their respective schools.

Nozipho Nomvelo Mbatha from Hope High in Amajuba, Lindokuhle Sangweni from PhezukomkhonoI in Lembe, Thandeka Msweli from Mbheki in Pinetown, Nyameko Radebe from DRS SSS in Sisonke, Londiwe Sibiya from Makhasa High in uMkhanyakude, Siphesihle Ntombela from Dolo Combined School in uMzinyathi, Sbonile Mnguni from Empangeni High School in uThungulu, Sanele Mkhwanazi from Filidi in Zululand were other winners.

“The standard has been increasing dramatically over the past five years and we are very impressed with the quality of work by the pupils, their teachers and subject advisors,” chief adjudicator Lyndwill Clarke of the Financial Services Board said.

He also announced that the Financial Services Board will replicate the competition in Gauteng in 2016, working with the KZNFLA.

Celebrating its 20th anniversary since its humble start in the Ugu district in two circuits, the competition was given wings when it extended to 1 500 schools at all education districts in 2010.

Founder of the competition, Artwell Hlengwa, who is also KZNFLA Trust Chair, said the competition was initially started to address the general public’s lack of knowledge about financial products and to start financial education while children are still at school.

“The shortage of certified financial planners is of great concern. No wonder that so many people cannot spend their money properly,” he said.

The competition has been designed to encourage careers in finance and in financial planning and entrepreneurship in particular.

At the same time it promotes financial­ literacy in schools and creates awareness of consumer rights and available support, integrating theory and practice as an important principle of the National Curriculum Statement.

KZNFLA executive director, Christi Naudé, lauded all partners and sponsors and in-kind contributors, who made the competition possible.

Partners and sponsors of the 2015 Talk Money Speech Contest are Albaraka Bank, Assupol, Financial Planning Institute, Financial Practitioners Development Trust, Financial Services Board, Hibiscus Coast Municipality, Inseta, Kapenta Bay Resort and Conference Hotel, KZN Department of Education, KZN Provincial Treasury, Morar Incorporated, Old Mutual, Richfield Graduate Institute of Technology, South Coast Chamber of Commerce and Industry and The Saville Foundation.

- Supplied.

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