Officials fete winners of Financial Literary event
THE Eastern Cape Department of Education hosted the first ever Financial Literacy Spelling Bee in East London.
The well-attended event was held at the Education Leadership Institute of East London in Stirling recently and was made possible by The Banking Association of South Africa.
Thirty Grade 7 spellers from 15 schools from the East London District participated and each pupil got a different financial related word to spell, such as; accounting, custodian, investment, beneficiary etc.
Provincial planner from the Eastern Cape Education Department and guest speaker Zoliswa Angelina Matshingana, encouraged the teachers present to motivate and assist pupils and not just to teach for the sake of teaching. “We [teachers and department] need to be actively involved in educating these learners. We must make sure that they perform well and also encourage them to read.”
Representatives from The Banking Association of South Africa encouraged pupils to save and use money wisely. “We are here to demonstrate your excellence and to confirm that you are the quality talent that we hope to see in the future”.
Financial education manager at The Banking Association of South Africa, Mvelenhle Yaka, said: “We are pleased to be here and we hope that next year we will be able to roll out to all the other districts”.
The FinLit spelling bee went up to eight rounds of intense spelling with the last two rounds requiring pupils to spell and also give a definition of the word.
The winners of the 2017: Financial Literacy Spelling Bee were in third place Lisakhanya Mzingayi from Cambridge Primary, Vuyolwethu Madlebe from Aqua Vista primary (second) and Lona Dunga from Aqua Vista (first).