South Africans in general are known to be lagging behind developed countries in their capacity to save part of their income in the available mediums including investment in the products available in the stock exchange.
In order to remedy that situation, the Johannesburg Stock Exchange (JSE) and the Eastern Cape Department of Education are embarking on an ambitious project that seeks to inculcate change in perception and actions by including investment education in the grade nine (9) curriculum.
Both these institutions have started initiating the JSE Investment Education project (JIEP) which is now being implemented in 50 schools in the Eastern Cape this year. This project involves four districts: East London, King Williams Town, Fort Beaufort and Dutywa.
The project started with training sessions conducted in March this year in which teachers from the 50 schools participated. During these sessions teachers were equipped with the necessary skills in teaching investment education with confidence, and this is done through the economics and management science studies.
As a result of this common interest and commitment, a memorandum of understanding will signed which will then seal the relationship of the two institutions.
Members of the media corps are thus specially invited to attend this important milestone in this relationship. Details of the event are as follows:
Date: 26 November 2009
Venue: Regent Hotel, Esplanade, East London
Time: 10h00 for 11h00
Enquiries:
Loyiso Pulumani
Cell: 083 275 0675
Malibongwe Mtima
Cell: 082 088 4599
Tel: 040 608 4777
Issued by: Department of Education, Eastern Cape Provincial Government
24 November 2009
Source: Eastern Cape Provincial Government (http://www.ecprov.gov.za/)
