The challenge, the largest financial literacy initiative in South Africa, educates participants on the ins and outs of trading on the stock market and is open to all high school pupils and students from universities and independent colleges.
Corporate social investment officer of issuer and investment relations of the JSE, Ralph Speirs said, “The winning teams have performed exceptionally well. It is through hard work that they have reached this level.
“The students and pupils have shown that there is life in excellent teamwork and taking initiative and they are good examples of what the JSE aims to achieve through this project. We want to build a financially literate society and thus prove that working together can lead our country to achieve more.”
For the high school challenge, the first placed team members in the equity and speculator category each received R4 000, second placed team members received R2 500 each, and third placed members received R2 000 each. Fourth and fifth place members received R1 000 each.
The high school winners of the equity challenge were the Hypergrowth team of Hoërskool DF Malan, Durbanville, with pupils Abraham Christoffel Marais, Henro Ehlers Spangenberg, Luke Nel and Simeon van den Berg, and led by teacher Marius Mells.
The speculator portfolio challenge was won by the Afri-Group of Kings Court Christian School from Limpopo with team members Kinsey Banda, Hope Masilani, Mfanelo Shilubana and Vukosi Mboweni, and led by teacher Lebogang Malatji.
The university challenge was won by Dayne Tyrus Govender and Mohamed Suhail Khan of the K2G team of the University of Cape Town. They walked away with R25 000.
“I would like to congratulate all the winners of the JSE Investment Challenge,” said Ralph.
“They have shown everything that one could think of about the road to success. They have shown excellent teamwork, initiative and great courage. We are proud, as the JSE, to be contributing to shaping a generation that is more informed on what the financial services industry offers, and an incredible amount of work financial professionals do.”
Details: university.jse.co.za
