DSE launches scholar investment challenge

DAR ES SALAAM: DAR ES SALAAM Stock Exchange (DSE) on Tuesday launched an investment contest aimed at fostering financial and investment literacy among students from higher learning institutions.

The ‘scholar investment challenge’ opened at the College of Business Education (CBE) intends to empower youth on various financial matters including how to save to reap profit out of through trading.

This year’s scholar challenge, which is the ninth in a row since 2014, will provide students with practical insights into the world of investment and encourage financial literacy and generally responsible investment practices.

The DSE’s Acting Director Mary Mniwasa said the motive for the challenge is to enable youth be able to make profits in the trading industry and create job opportunities for themselves hence boosting the stock market business.

“The challenge will focus on enabling the youth to unveil their capabilities on trading, hence be able to create job opportunities for themselves and others,” said Ms Mniwasa.

She added that upon the programme students will be given virtual money to trade digitally and best performers will be given money and also get an opportunity for internships as part of enhancing their financial literacy.

CBE’s Acting Rector Ms Tandi Lwoga said the competition will enable students to understand more about trading and the investment part of it in the equity market.

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