Learn­ers talk money

Vuk'uzenzele - - General - Hlengiwe Ngob­ese

AN AN­NUAL SPEECH com­pe­ti­tion sup­ported by KwaZulu-Natal provin­cial trea­sury is aimed at de­vel­op­ing good fi­nan­cial habits in young­sters’ for­ma­tive years.

The fu­ture is bright for Lin­dokuhle Dlamini, a Grade 11 pupil at Lit­tle Flower Com­bined School in the Harry Gwala District Mu­nic­i­pal­ity of KwaZulu-Natal. Dlamini was the over­all win­ner of the 2017 KwaZulu-Natal Fi­nan­cial Lit­er­acy As­so­ci­a­tion (KZN FLA) Trust Grade 11 Speech Con­test.

He beat 11 con­tes­tants and won a bur­sary that will help him study to­wards a de­gree in fi­nan­cial plan­ning.

The learn­ers who came sec­ond and third walked away with fi­nan­cial plan­ning soft­ware and an in­vest­ment of R5 000 and R1 000 re­spec­tively. In ad­di­tion, the win­ners and their fam­i­lies will re­ceive in­vest­ment ad­vice from a cer­ti­fied fi­nan­cial plan­ner from the Fi­nan­cial Plan­ning In­sti­tute.

All fi­nal­ists re­ceived tablets with data and data pro­jec­tors for their schools.

The ob­jec­tive of the an­nual speech con­test is to equip young peo­ple with fi­nan­cial knowl­edge to help them build a solid foun­da­tion for their fu­ture. It aims to en­cour­age ca­reers in fi­nance, en­trepreneur­ship and fi­nan­cial plan­ning in par­tic­u­lar. This helps to pro­mote fi­nan­cial lit­er­acy in schools and cre­ates aware­ness of con­sumer rights and avail­able sup­port sys­tems.

The KZN FLA Trust has been given a man­date by provin­cial trea­sury to run fi­nan­cial lit­er­acy pro­grammes in the prov­ince and en­sure that the res­i­dents of KwaZulu-Natal make ra­tio­nal fi­nan­cial de­ci­sions.

Dlamini ex­pressed his joy at win­ning the com­pe­ti­tion.

“I al­ways won­dered what I was go­ing to do af­ter ma­tric be­cause I knew there was no one at home who could af­ford to pay for my ter­tiary ed­u­ca­tion,” he said.

KZN FLA Trust Chair­man, Artwell Hlengwa, said he would like to see more fi­nan­cial plan­ning in all spheres of gov­ern­ment.

“This is one way we want to build lead­ers of our coun­try and pro­duce re­spon­si­ble lead­ers who will be debt-free and make sound fi­nan­cial de­ci­sions,” he said.

Learn­ers had to com­pete at class level up to district level. The speech con­test is driven by rel­e­vant sub­ject ad­vis­ers and teach­ers at par­tic­i­pat­ing schools. The win­ner and first run­ner-up will pro­ceed to the in­ter-provin­cial fi­nals, which will be held in Gaut­eng.

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