BoN school competition in full swing

30 July 2019 | Education

Having attracted 179 schools, and a total of 716 learners from across the country participating, the Bank of Namibia (BoN) annual national high school competition is held in support of the country’s financial literacy initiatives and the recognisable need to educate the nation on the crucial role and functions of the central bank.

This is done through getting learners from different corners of the country to participate in a battle of minds on topics ranging from economics to finance.

The regional phase of the competition was held successfully from 14-27 June and saw learners from grades 8 to 12 in teams of four battling it out to crown regional winners who will have the honour of representing their region during the national phase of the competition.

To ensure the learners were adequately prepared for the competition, each participating school was provided with a resource manual, consisting of chapters specifically focused on the fundamentals of the Namibian economy, financial literacy, developmental issues, the role of the central bank, as well as extracts from the school economic textbook.

In undertaking this initiative, the central bank works the education ministry, which has endorsed the competition. This paved the way for the regional competitions to be hosted at the regional education directorates, under the watchful eye of ministry officials.

Regional winners will participate in the national competition, in which all 14 regional winners compete to select the top four teams, who will go on to compete in the finals slated for 6 September.

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