Young Investor Network (YIN) in collaboration with the Ghana Stock Exchange (GSE), UMB Investment Holdings and Stockbrokers has launched the Capital Market Quiz and Stock Pitch Competitions respectively.
The two events are designed to encourage students to read and research about the activities of the capital market and develop the right savings and investment behaviour.
They will convene students from various tertiary institutions and senior high schools to showcase their intellectual abilities with regards to the knowledge of the capital market.
Young Investor Network (YIN) is a financial education organization committed to educating the youth on financial literacy and business skills in Ghana and beyond and with investment programs designed to support a favourable business climate.
Executive Director of the Young Investors Network (YIN), Mr. Kofi B. Kyei, highlighted the need for such events and how it will boost youth participation in investment ventures.
“It has come to the realization of the Young Investors Network through our numerous educational trips across the country that the investment culture amongst students is on the low,” he said.
He added: “In our numerous interactions we realize that students have little or no knowledge about the capital market and investment opportunities in general.”
In his remarks, the Managing Director of the GSE, Mr. Ekow Afedzie said the two competitions are great initiatives which will educate and inform the youth on the offerings of the capital market and how it can shape their future.
“The youth are the future of the market, and their participation is essential for its growth. The Young Investor Network initiative aligns with the GSE’s financial literacy plan and there is the need to support such initiatives as it equips the youth with the necessary tools to understand and navigate through the market,” he said.
The two competitions will be rolled out in the coming weeks at the various campuses, and this is expected to support GSE’s efforts in building a savings and investment culture among the youth in Ghana.