Four pupils of the Kwadedangendlale High School in South Africa were selected to form an investment group in March last year and eight months later, they were each given real shares for winning the income portfolio section of the JSE (Johannesburg Stock Exchange) Investment Challenge.
The challenge aims to teach South African sudents about investing and the larger role that such investments play in the country's economy. It encourages them to research and plan issues concerning the trading of shares.
Participants test their share trading skills with an ongoing annual simulated "ghost training" programme.
Each team is given an imaginary sum of R1-million to invest in JSE-listed shares. Their performance is tracked and measured in a competition against other teams taking part in the challenge.
At Kwadedangendlale, South Africa, 12 teams took part in the challenge.
"It was very confusing in the beginning. We understood nothing about shares," said Mahlangu, a grade nine pupil and leader of the winning team.
"So it was ,like, let's give it a try."
She said it was hard for them to do anything at first because they had no idea of what it took to participate in the business of shares, but a volunteer from the University of the Witwatersrand came to give them guidance. After a few lectures from the university student, the four developed an interest in the business — and there was no turning back.
The winnes totted up an imaginary income of about R60,000 while the school was also given R1 000.
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