Boishaaier 2024

Culture

Daniël van der Merwe, Thomas Dunkley, Lee Rothman, Felix Beukes

The Nedbank Essay Competition for the 23/24 academic year centred around the topic: The Economic Implications of a Green Economy and the Green Economy Accord on South Africa . This theme encouraged learners to delve into the transformative potential of a green economy for South Africa, exploring both economic opportunities and the challenges associated with shifting towards sustainable, environmentally friendly practices as outlined in the Green Economy Accord. From our school, Thomas Dunkley and Felix Beukes reached the prestigious final round, a significant achieve ment given the rigorous selection process and high stan Nedbank Essay Competition 23/24

Roan Janse van Rensburg

dard of the competition. They joined 24 other finalists from across the province, making up a group of 26 learners who were selected based on the quality and insight of their essays. All finalists were awarded a participation award. This competition not only highlighted the intellectual abilities of Thomas and Felix, but also underscored the importance of engaging youth in discussions about sustainable development and economic transformation. Their achievements have brought pride to the school and set a strong foundation for future explorations into environmental and economic issues.

Report on the South African Reserve Bank’s Monetary Policy Committee Competition The South African Reserve Bank (SARB) hosted its annual Monetary Policy Committee (MPC) competition, a nationwide event where over 2 000 schools participated. The competition required teams to analyse economic indicators, such as inflation rates, employment figures and global market trends, to formulate a recommendation for adjusting the repo rate –‍ the rate at which the central bank lends to commercial banks. This exercise mirrors the real-world responsibilities of SARB’s MPC in maintaining price stability and supporting economic growth. Our school’s team, consisting of Felix Beukes, Thomas Dunkley, Lee Rothman and Daniel van der Merwe, represented us with distinction. Their analysis included thorough research into key economic indicators and trends affecting South Africa’s economy, as well as a reasoned approach to potential repo rate adjustments. This competition not only sharpened their understanding of economic policies, but also enhanced their decision-making and analytical skills in a real-world context. Participation in this prestigious competition has provided these students with valuable insights into monetary policy and strengthened their grasp of complex economic concepts. The experience was invaluable and underscored the team’s potential for future involvement in the field of economics and finance.

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