Grabouw learners excel in money matters
29 August 2019
Groenberg Secondary School in Grabouw represented the Western Cape at the finals of the Monetary Policy Committee Schools Challenge.
The Competition is run by the South African Reserve Bank (SARB) in partnership with the Department of Basic Education.
It is an opportunity for Grade 12 learners with Economics as a subject to look into some of the factors that the SARB needs to consider when it sets the country’s repurpose rate.
Groenberg’s Monetary Policy Committee, Pietra Cox; Nathan Bortjies; Densoline Ferreira and Ruane Visagie, did extremely well and finished in seventh place out of almost 200 schools from across the country.
The learners each received R1 500 and a special coin. The school received R3 000.
Mervin Dyers, Economics and Economic and Management Sciences subject adviser in the Overberg District, said Groenberg was the only school in the province to qualify as a finalist in the competition and the district is incredibly proud of their achievement.
Dyers thanked the school’s Economics teacher, Charlene Faulding, for her hard work.