POSB Continues Sponsorship Of The Capital Markets High School Quit
Staff Writer
Harare: The People’s Own Savings Bank (POSB) has reaffirmed its commitment to youth empowerment and financial literacy by continuing its sponsorship of the 2025 Capital Markets High Schools Quiz Competition, which officially kicked off on Thursday.
This year’s competition holds special significance as it coincides with POSB’s 120th anniversary, a milestone that celebrates the bank’s enduring legacy of service, inclusion, and community development across Zimbabwe.
Investing in the Future
Organized by Financial Markets Indaba in partnership with Zimpapers, the quiz brings together high schools from across the country to compete in a dynamic and educational environment.
The initiative aims to equip students with essential financial knowledge and life skills, including budgeting, saving, investing, and understanding capital markets.
“We are proud to have been a sponsor of this remarkable initiative since its inception. Our continued support is not just a tradition—it reflects our deep belief in the power of education and financial literacy to transform lives and communities.
“For us, introducing financial literacy at the high school level is not just important, it is essential and aligns with the government’s education 5.0 and heritage-based curriculum, meant to prepare young people with practical life skills. This quiz competition equips students with life skills such as budgeting, saving, investing, and understanding capital markets, said David Makacha, POSB Public Relations Manager.
“Our motivation stems from a deep commitment to empowering the youth with the knowledge, skills, and tools they need to make informed financial decisions. We want young people to leave school not only with academic qualifications, but also with the confidence to embark on entrepreneurial ventures and manage their finances wisely and be able to create own jobs,” he added.
Zengeza 1 High School has proceeded to the next round.
The competition features 20 schools divided into four groups:
Group A
Zengeza 1 High School
Lifelong Education College
Chipindura High School
Dominican Convent Bulawayo
Rusununguko High School
Group B
Mabvuku High School
Errymaple International School
Monte Casino High School
Madeli High School
Marondera High School
Group C
Dararombe High School
St Dominics Chishawasha
St Johns Emerald Hill
Thornhill Airbase
Harare High School
Group D
Sandringham High School
Pamushana High School
Jameson High School
Eastview High School
Cygnat Private College.
A CSR Strategy Rooted in Impact
POSB’s sponsorship is part of its broader Corporate Social Responsibility (CSR) strategy, which focuses on:
Education and Financial Literacy Health and Philanthropy Sustainability
The quiz aligns with Zimbabwe’s Education 5.0 and heritage-based curriculum, which emphasize practical, real-world skills for students.
Beyond the Quiz: Youth-Centered Innovation
POSB’s commitment to youth goes beyond sponsorship. The bank offers a suite of youth-focused financial products, including:
JuniorSave Account
Youth Account
Student Account
It also runs community-based financial literacy programs such as:
School outreach visits
Career fairs
Rural roadshows
Digital campaigns
Open service centres for school visits and financial education
A Legacy of Inclusion
For 120 years, POSB has remained true to its mission of building a financially inclusive society—one where every citizen, regardless of background, has access to financial knowledge and services.
As the quiz unfolds, POSB invites all Zimbabweans to celebrate this legacy and support the bright young minds shaping the future of the nation.
