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LOBSEC wins BSE finance competition again

SHARE   |   Monday, 19 August 2019   |   By Bakang Tiro
LOBSEC wins BSE finance competition again

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.

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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.

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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.

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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.

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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.

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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.

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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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