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* Home
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* The Journey
INTRODUCTION TO THE JOURNEY
The pathway to better financial literacy
Equip yourself
Buying an asset
Buying a car
Buying a home
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Family Matters
Getting Married
Getting Divorced
Saving for education
Life Insurance
The importance of life insurance
Medical aid and health
Deciding on a medical plan
Medical Aids in a Nutshell
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FAIS Ombud
FCSA Caution
Personal Money Management
– Budgeting
Creating a budget
– Debt management
In Debt What Now
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Building an investment portfolio
Why an emergency fund is so important
Short term Insurance
An introduction to short term insurance
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Setting up a Will
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FSCA FINANCIAL LITERACY SPEECH COMPETITION 2023
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Bunono
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11 December 2023
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1. Home
2. Latest News
3. FSCA Financial Literacy Speech competition 2023
The Financial Planning Institute of Southern Africa (FPI) is proud to support
the Financial Literacy Speech Competition (FLSC) which started as a pilot
project in Gauteng in 2016 and in 2019 developed into a national competition
with profound impact on the lives of participating learners, their teachers, and
their families across the country.
The primary objective of the FLSC is to promote financial literacy among
learners by encouraging them to conduct in-depth research on selected financial
topics and present their findings eloquently in a five-minute speech. The choice
of themes included financial planning, consumer protection, consumer rights and
responsibilities, entrepreneurship, and engaging with financial institutions.
The FLSC project is being implemented by the Financial Sector Conduct Authority
(FSCA) and funded by the Financial Services Consumer Education Foundation. The
FLSC targets Grade 11 learners from quintiles 1 to 3 (non-fee paying) schools,
focusing on subjects in the Commercial stream. What started as a contest for 150
schools has now touched hundreds of schools, with a reach of 5500 learners
participating in the 2023 competition.
The competition was cancelled in 2020 due to the Covid-19 Pandemic, From 2021
the competition transitioned to a digital or hybrid format, ensuring learners
could participate safely and effectively despite the challenges brought about by
Covid -19. In 2023, the competition continued with a hybrid approach,
incorporating both digital and face-to-face elements. The first three rounds
followed a hybrid model of digital and face-to-face interaction, culminating in
a thrilling face-to-face National final on 13 October in Johannesburg.
The top three students per province received R36 000, R18 000 and R9 000
respectively. At the National final, the top three learners received an
additional R36 000, R18 000 and R9 000 respectively while also walking away with
a bursary to the value of R 550 000 towards a three year undergraduate degree.
During both the Provincial finals and the National event the FPI assisted in the
form of adjudicators.
We commend the FSCA on a fantastic event and we are extremely grateful to
contribute in a small way to the success of the competition.
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