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LOBSEC wins BSE finance competition again

patriot by patriot
February 5, 2021
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LOBSEC wins BSE finance competition again
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Lobatse Senior Secondary School has continued to dominate the Botswana Stock Exchange Annual senior secondary schools students finance and investment competition, by winning it again this year for the third consecutive time since 2017.

BSE hosted the 7th edition of the competition over the weekend pitting 10 shortlisted schools to battle it out for the P29 000 prize worth of shares for competing students to buy from the BSE listed entities.

Again this year, Lobatse senior secondary school has proved to be the best school in terms of drilling its students on matters pertaining to financial literacy, investment and economic scope.

Moagi Digwa, Accounting teacher at the school in interview said winning the competition 3 times in a row is a significant sign that they are in the good way in nurturing future investors.

He said the finance and investment competition as offered by BSE only don’t prepare the students to be entrepreneurs at grass root level but stimulate financial literacy awareness.

Digwa went on to say that the platform is beneficial in many ways indicating that it also helps to broaden the students’ knowledge as most of the material that is covered complement what they are being taught in classroom. “The competition continues to realize growth every year. This is very helpful to us and all participating schools because the content of this competition is very crucial in giving our students more information hence making them rich to pass the business related subjects, he said.

Digwa noted that the school’s continuous success is grounded on the strong team work and preparation that he executes seriously together with her another colleague, Kelebogile Lesaka.

Lobatse claimed the competition glory after beating Francistown Senior School in the final before beating the other Lobatse defeating in the semifinals their neighbors’ Crescent school.

FSS had defeated Letlhakane senior secondary school to claim spot in the competition final.

Letlhakane senior and Crescent schools finished on third and fourth positions respectively.

Five of Lobatse students  who won the competition were awarded share vouchers worth P2,500 each to invest in any BSE listed company with the FSS’ five team student  winning P 1 000 share vouchers each.

BSE Head of Market Development, Thapelo Moribame, observed that the competition continue to grow in leaps and bounds year in and out, applauding teachers for drilling the students well.

She said the pupils’ brilliant perfomances signals a bright future ahead of them should they decide to venture into entrepreneurship urging the students to fully utilise the competition.

 Objective of the Competition is to sensitize and educate the student community about capital markets, with the strategic aim to increase financial literacy, to promote a culture of investing from a young age.    

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  • VACANCIES: BR PropertiesMay 17, 2022
    INTERNSHIP OPPORTUNITY Finance and Administration Closing date: 18th May 2022.
  • BANANA CLUB HOSTS FIRST MAUN EDITIONMay 17, 2022
    The artist-led collective, Banana Emoji Productions in collaboration with the European Union Delegation in Botswana hosted the beloved BANANA CLUB dialogues in Maun on the 14th of May 2022.  The multi-disciplinary creative group is committed to working with artists […]
  • Orange Botswana CEO among Africa’s most inspirational women in leadershipMay 12, 2022
    – Declares House of Rose House of Rose Professional Pte. Ltd (HORP) has announced its 2022 List of Africa’s Most Inspirational Women in Leadership. The list included over 100 inspirational leaders and was curated by House of Rose Professional […]
  • Unions ‘consider’ a Workers PartyMay 12, 2022
    Masisi snubbed trade unions on Workers Day, chose Khawa BOFEPUSU warn Masisi that Khawa could cost him elections Opposition will be top beneficiary of a Workers Party -Analyst BAKANG TIRO editors@thepatriot.co.bw Aggrieved trade union federation, Botswana Federation of Public, […]
  • Munyadzwe breeds, commercialises phane wormMay 12, 2022
    “We have had clients from as far as England, Ethiopia, Nigeria, Ghana and they really like the phane worms. People are talking about snack protein, and we are part of that revolution, food security, healthy sources of protein, going […]
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