Dominican Convent Bulawayo wins capital markets qu...

Dominican Convent Bulawayo wins capital markets quiz

Zim Now Writer

Bulawayo’s Dominican Convent High School have won the inaugural Capital Markets High Schools Quiz Competition, beating 18 other schools from the country’s 10 provinces.

The final, which was contested between St Ignatius, Dominican Convent High School Harare and John Tallach High School was held in Harare on Friday.

The Capital Markets High Schools Quiz Competition was introduced to harness the students’ knowledge and understanding of financial, and capital markets.

It is aimed at enlightening high school students on capital markets and the stock exchange and how the two contribute to economic development.

Twenty schools were selected from the country’s 10 provinces and are earmarked to compete for honours in the high school quiz competition, whose major sponsor is the Securities and Exchange Commission of Zimbabwe (SECZim).

Other sponsors were POSB and Ecocash Holdings (Gold), First Capital Bank and Rank Zimbabwe (Silver) College Press (Bronze), Schweppes Zimbabwe, Tika Shoes, Milano, Glass Creations, Hotplate Grill, Schweppes Holdings and Delta Corporation.

SecZim board chairman Yona Banda said the initiative was in line with SecZim’s mandate to promote investor education and financial literacy amongst the broader population of Zimbabwe,

“Our vision as SecZim is that financial literacy should be initiated from the primary education level in order to ensure that our youngsters have a firm foundation when it comes to financial matters. Therefore we found it necessary to be the headline sponsor for the Capital Markets High Schools Quiz Competition.

“This competition, as has been witnessed in the recorded sessions, harnesses the students’ knowledge and understanding of financial and capital markets and prepares them not just for career preferences later in life, but also readies them to participate as investors or issuers of securities,” said Banda.