DM168

BUSINESS MAVERICK 168

JSE Investment Challenge 2021: Mpumelelo Secondary School on top of the log

JSE Investment Challenge 2021: Mpumelelo Secondary School on top of the log
The JSE in Sandton, Johannesburg. (Photo: EPA-EFE / KIM LUDBROOK)

Sizwe Mtsweni is a Grade 10 maths literacy teacher at Mpumelelo Secondary School. In the past two years, in addition to facing the challenges all other teachers have faced during the Covid-19 pandemic, he has improved the financial literacy of his pupils by leaps and bounds.

First published in the Daily Maverick 168 weekly newspaper.

Mpumelelo Secondary School was a winner of note in last year’s challenge, scooping the top five positions in the income portfolio category. Mtsweni said the 15 learners who entered the competition had put in hard work and commitment. This success led to an abundance of interest from pupils this year and Mpumelelo Secondary has entered seven teams in the current JSE Investment Challenge, with 26 pupils participating. The teams are: MP Magic Traders, MP The Magic Traders, MP To Win, MP Against All Odds, Relax and Trade MP, Smart Mind Trades and MP Unshaken Trades.

“We entered the Investment Challenge last year and we have learnt from that experience. This year, our biggest challenge has been resources. The pupils don’t have smartphones or data to access information. They attend school and stay late after school to attend meetings where we can share information,” Mtsweni says.

The school has stayed on top of the log in the income portfolio category every month, albeit with different teams occupying that coveted top spot. This month, it is Relax and Trade MP, made up of three Grade 10 pupils and one Grade 11 pupil. They are Collins Jiane, Lungile Skosana, Paballo Modiselle and Paballo Kgaladi. All four pupils are studying the “science stream”, which includes mathematics, physical science and life sciences (previously known as biology).

Relax and Trade MP hit the top spot in the income category with income of R15,976.51 for the month and Jiane estimates that the team’s total income since the competition launched in April is more than R43,000. “Mr Mtsweni has been a huge inspiration and as our teacher, he really brings a lot. He allows us to use his smartphone and he loads data at his own cost. He also brings newspaper articles and shares information with us about the different companies, what they are doing, what their results show and when they are going to pay dividends,” Jiane says.

Mtsweni notes that the pupils are equally enthusiastic. Jiane says that before participating in the challenge, he never dreamt he could make money with just a smartphone, data and some start-up funds.

“I am the eldest in my family and I plan on teaching my siblings all about the challenge so that they can compete when they are older and also so that they start investing from a young age,” he says.

The winners announced for July were:

  • Relax and Trade MP from Mpumelelo Secondary School for the income category with income of R15,976.51.
  • Future Francolins from De Rust Futura Academy lead the equity category with portfolio growth of 7.57%.
  • Fire Fox from Pretoria Chinese School in the speculator category with portfolio growth of 12.14%.
  • VK Phenomenals from University of Johannesburg in the speculator university category with portfolio growth of 15.31%. DM168

This story first appeared in our weekly Daily Maverick 168 newspaper which is available for R25 at Pick n Pay, Exclusive Books and airport bookstores. For your nearest stockist, please click here.

Gallery

Comments - Please in order to comment.

Please peer review 3 community comments before your comment can be posted

X

This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don’t force you to pay to read the news but we do need your email address to make your experience better.


Nearly there! Create a password to finish signing up with us:

Please enter your password or get a sign in link if you’ve forgotten

Open Sesame! Thanks for signing up.

Get DM168 delivered to your door

Subscribe to DM168 home delivery and get your favourite newspaper delivered every weekend.

Delivery is available in Gauteng, the Western Cape, KwaZulu-Natal, and the Eastern Cape.

Subscribe Now→

We would like our readers to start paying for Daily Maverick...

…but we are not going to force you to. Over 10 million users come to us each month for the news. We have not put it behind a paywall because the truth should not be a luxury.

Instead we ask our readers who can afford to contribute, even a small amount each month, to do so.

If you appreciate it and want to see us keep going then please consider contributing whatever you can.

Support Daily Maverick→
Payment options

Premier Debate: Gauten Edition Banner

Join the Gauteng Premier Debate.

On 9 May 2024, The Forum in Bryanston will transform into a battleground for visions, solutions and, dare we say, some spicy debates as we launch the inaugural Daily Maverick Debates series.

We’re talking about the top premier candidates from Gauteng debating as they battle it out for your attention and, ultimately, your vote.

Daily Maverick Elections Toolbox

Feeling powerless in politics?

Equip yourself with the tools you need for an informed decision this election. Get the Elections Toolbox with shareable party manifesto guide.