UNIVERSITY of Cape Town. Picture: UCT.
UNIVERSITY of Cape Town. Picture: UCT.

UCT duo scores top honours in JSE Investment Challenge

By MaryAnne Isaac Time of article published Aug 3, 2021

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DURBAN – Two students from UCT have clinched top honours at the monthly-held JSE Investment Challenge that aims to teach South African learners and students about investments.

Katlego Masete, an actuarial science student, and Ntiyiso Nghenabo, a chartered accountancy student, are in their third-year of studies at UCT. The duo won the monthly speculator portfolio in the university category.

The pair, whose team name ‘Limpopo Goes to the Market,’ unambiguously demonstrates their affinity to their home province, and says university-life presented them with several new challenges.

They believe their success at high school, university and with the JSE Investment Challenge is a consequence of the fact that both are hard workers, and have big dreams. While Masete and Nghenabo come from humble beginnings, they strongly believe that they are destined for greater things.

In her matric year, Masete obtained six distinctions and scored 100% in maths and physics; while Nghenabo’s grades were equally impressive with five distinctions. Nghenabo says they were drawn towards each other as they share a similar work ethic.

As for their success in the Investment Challenge competition, they believe that the technical orientation of their studies came in handy when it comes to analysing trends.

“The Investment Challenge aims to equip the youth of South Africa with financial literacy and investment know-how. We want to ensure that when learners and students leave the education environment, they understand how to use their disposable income and develop healthy savings and investment habits,” says Ralph Speirs, CSI officer at the JSE.

Also winning in the June 2021 competition are:

  • Income portfolio – Mpumelelo Secondary School (MP Magic Traders).
  • Equity portfolio – Centre of Excellence High School (Element X).
  • Speculator portfolio – Crawford College, Sandton (The Capitalists).

Registrations for the 2021 Investment Challenge are still open and interested learners and students can still participate in the competition. To register for the challenge, visit the JSE Investment Challenge website.

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