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By Tammy Peyper, Manager: Consumer Education Department, Financial Services Board
Representatives from the Financial Services Board (FSB) attended
the annual KwaZulu-Natal Grade 11 Financial Literacy Speech Competition in
Newcastle on 11 October 2013. The competition is a highlight of the school year
and schools from all over the province participate.
Lyndwill Clarke (HOD:
Consumer Education Department) was head adjudicator and Tamrynne Peyper
(Manager: CED) acted as timekeeper. The competition is championed by the MEC
for Finance in KZN, Ms Ina Cronjé, who gave the closing remarks at the finals.
The learners spoke on the
following list of topics:
Me versus the FSPs- do we stand a chance?
Mom, dad will we ever be rich?
What financial product can I buy with my pocket
The Top twelve finalists were; Bongumusa Nkwanyana (winner), Angel Mchunu, Hafsa Rajab, Zamokuhle Ximba , Thabo Mkhize, Brilliant Zulu Mfundo, Siyabonga Shazi Sanele, Khayelihle Madlopha, Zama Ndlovu, Londeka Madondo, Nothando Mlungwana and Nobuhle Zondo
The winner, Bongumusa Nkwanyana from Eshowe High School in the
Uthungulu district, received, among other prizes, a scholarship from the
Financial Planning Institute (FPI) to study financial planning.