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Business Reporter
Preparations for the Capital Markets High School Quiz competition have reached an advanced stage while the names of the competing schools’ teams have since been released.
Twenty schools will participate in the quiz programme, with one hundred high school students taking part in the competition which will run for three months. The quiz competition will commence on the 16th of September and end on the 4th of November 2022.
Selection of participating schools was on a first come basis. The schools have been pooled into competing groups by province. Other considerations in team compositions were gender and whether the school was a government or private school.
“We are pleased to announce that the pool of the competing high schools has been completed for each week beginning in mid-September into early November. The enthusiasm shown by the schools as they indicated their wish to participate is encouraging to the organisers of the event, the Financial Markets Indaba in partnership with the Business Weekly as well as to the headline sponsor, the Securities and Exchange Commission of Zimbabwe (SECZim).
“We look forward to launching this competition in September and it is our fervent hope that the knowledge shared during the quiz competition will not only benefit the participating schools but the nation as we all follow the programme on television and online from the comfort of our homes'” said Farai Mpofu, SECZim’s Head of Investor Education.
“We envisage that the quiz will encourage the development of a generation that is conscious of the importance of savings, financial literacy and above all, a deeper understanding of the capital markets which will culminate in active participation in investments,” she added.
Mrs Mpofu added that participating schools had received the source materials which would be used to curate the quiz competition questions. These included The Investment 101 Handbook and information from the Investor Protection Fund. The Investment 101 Handbook is on the SECZim website. It’s also available as a hard copy and has recently been translated into Shona and isiNdebele for the purpose of making it accessible to everyone in the country as well as abroad. The ZSE Investor Guide and the online link for ZSE Training also form part of the information pack.
The 20 schools have been pooled in four groups of five schools each. The competition is open to all secondary and high schools nationwide.
A committee has been set up to adjudicate the competition, whose structure will consist of a 20-school single elimination bracketed academic tournament with qualifying matches on the 16th and the 30th of September, the 14th of and 28th of October and a national final championship match which will be held on the 4th of November, 2022.
The Capital Markets – High School Quiz Competition aims to bridge the gap in financial literacy and is destined to shape the future of Zimbabwe’s economic development in the Capital Markets landscape of the of the financial services sector
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