RBZ Launches Financial Literacy Contest For Schools

The Reserve Bank of Zimbabwe (RBZ) is launching a monetary policy challenge for schools to boost financial literacy and give pupils hands-on experience of how the economy works.

Speaking at an induction workshop on Tuesday, RBZ corporate affairs director Melody Harry said the Schools Monetary Policy Challenge (SMPC) aims to link classroom theory with real-world economic decision-making and help raise a new generation of financially aware citizens.

Under the competition, secondary school pupils will take on the roles of central bank officials, including “Child RBZ Governors” and deputy governors, and tackle practical tasks on monetary policy and financial literacy.

Harry said the programme isn’t just an academic contest, but part of a wider plan to improve economic understanding among young Zimbabweans.

Pupils will compete at the cluster, district, provincial and national levels. Tasks will focus on financial literacy, community engagement and monetary policy presentations.

Each school team will have a child governor, two deputy governors and a teacher coordinator. The national winners will be crowned at a ceremony led by the RBZ Governor.

The central bank says the initiative fits with the Government’s Heritage-Based Education 5.0 framework, which promotes innovation, problem-solving and practical learning.

The Ministry of Primary and Secondary Education will play a key role in rolling out the programme nationwide.

More: The Herald

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