The Botswana Stock Exchange Limited (BSE), in collaboration with Stanbic Bank Botswana, held an awards ceremony today to honor the winners of the 2024 National Finance & Investment Competition. Hosted at the BSE offices, the event marked the culmination of a month-long contest aimed at promoting financial literacy and investment skills among participants.
Empowering Future Investors
The competition, which ran from November 4th to December 3rd, 2024, leveraged the BSE Stanbic Bank Stock Market Simulator. This innovative platform offers participants a hands-on, risk-free trading experience, teaching them about stock selection, portfolio management, and tracking investment performance in a virtual environment.
Recognizing Excellence
The winners of the competition were awarded share vouchers worth P15,000, redeemable at any licensed broker, as a starting point for their real-world investment journey:
• 1st Place: Ms. Ontlametse Modibe (P7,500 share voucher)
• 2nd Place: Mr. Tshephang Atlarelang (P5,000 share voucher)
• 3rd Place: Mr. Kaone Bothang (P2,500 share voucher)
Speaking at the ceremony, representatives from BSE and Stanbic Bank commended the participants for their enthusiasm and dedication.
Cultivating a Culture of Investment
The Stock Market Simulator is more than just a competition tool—it is a vital educational resource designed to foster a culture of informed decision-making in financial management and long-term investing. Participants gain practical knowledge about investing while cultivating skills that prepare them for real-world trading.
By providing this platform, the BSE and Stanbic Bank are actively working to:
• Enhance financial literacy in Botswana.
• Increase retail investor participation in the local capital markets.
• Equip individuals with the tools to unlock the potential of listed securities on the Botswana Stock Exchange.
Commitment to Financial Literacy
The BSE remains committed to empowering individuals through education and innovation. As financial literacy continues to grow in Botswana, initiatives like the National Finance & Investment Competition are paving the way for a more inclusive and robust capital market.
For more information about the BSE Stanbic Bank Stock Market Simulator, visit the BSE website at www.bse.co.bw.
