Pupils talk money, and win

2016-10-06 06:00

THE 2016 Talk Money speech contest finals were held at the Port Shepstone Civic Centre on Friday.

Eleven pupils from schools around KwaZulu-Natal took part in a discussion that centred around three topics in financial literacy.

The contest was founded by the KwaZulu-Natal Financial Literacy Association Trust, chaired by Artwell Hlengwa.

Hlengwa said the objective of the contest is to equip pupils with financial skills and planning so they can grow and help to develop the economy.

“In an attempt to address the public’s lack of knowledge about financial products and acknowledging the importance to start financial­ education while children are at school, the Financial Practitioners Development Trust started a speech contest on finance at some schools in Ugu District 21 years ago. Today is the continuation of an effort to build the young minds and instil financial thinking,” he said.

Philasande Shongwe (17), of Little Flower Combined School in Ixopo, won the contest, walking away with a bursary to study towards a degree in financial planning from Richfield Graduate Institute of Technology, a Tablet, an iPad, the Chairman’s Trophy as well as R1 000 from economist Clive Ramathibela-Smith.

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