2017 Swaziland Global Money Week
- Leading Organizations:
- The Ministry of Finance-Micro-Finance Unit
- Participating Organizations:
- Central Bank of Swaziland
- FinMark Trust
- Ministry of Education
- Microfinance Unit – Ministry of Finance
- Date of event:
- 9th - 17th of March
- Number of children reached:
- World Vision
In 2017, the Global Money Week will be pre-launched with a press conference on 20th of March 2017. The Ministry of Finance-Micro-Finance Unit in partnership with the Central Bank of Swaziland, Ministry of Education, FinMark Trust and other partners will participate in the Global Money Week 2017 campaign. Between 6th and 24th March 2017, a Financial Literacy/Capability Survey will be conducted in 16 Schools as well as a training on the Money Quiz. During the official launch of the Global Money Week campaign by the Governor on 27th March 2017, FinMark Trust will present the detailed information on the financial capability of the schools segmented by grades, gender, urban/rural, key challenges and strategies to address the issues.
Key events will take place in the country to inspire and encourage children to learn about money, saving, creating livelihoods, gaining employment and becoming entrepreneurs. The GMW theme for this year is “Learn, Save, Earn” which aligns with the aspiration of the Ministry of Education to train students who would not only seek white collar jobs but also create employment opportunities. The Ministry of Finance-Micro-Finance Unit hopes that the campaign will expose pupils to information that will assist them to be financially literate, and not only make well-informed financial decisions, but also think about the career choices that will provide the desired financial dreams. Supporting this theme is the slogan ‘Helping children and teenagers start the journey to a better chance at financial security’.
50 students from 16 primary schools and 34 students from Colleges will write an essay on why it is important to start saving at an early age and present their ideas to the Governor of the Central Bank of Swaziland during a lunch on 28th March 2017. The same day, students will have the opportunity to participate in the tour of Banks, other financial institutions including the SSX and Matsapha Cash Centre, Investment & Asset & Insurance Companies and the Central Bank to learn about the financial system, saving, investment and earning. Furthermore, youth and child finance help desks at various Banks will be available to students throughout the GMW campaign.
2015 Swaziland Money Week
The Micro-finance Unit of the Ministry of Finance, Swaziland, participated in the Banking Association South Africa’s 8th Annual National Launch of Teach Children to Save South Africa initiative. The event served as a platform for the launch of the first ever Financial Literacy Spelling Bee Campaign in South Africa. This visit provided an opportunity for the Swazi delegates to learn more about the association’s events.
During the Global Money Week campaign, the Micro-finance Unit also held national stakeholder meetings with the focus on mobilizing resources for the development of a national financial education curriculum. There were media campaigns to create a national awareness of Global Money Week.
2014 Swaziland Money Week
Mercy Corps Swaziland joined in the Global Money Week celebrations by raising awareness for the need for financial literacy through 3 World Vision run projects. These projects specifically focus on the economic empowerment of adolescent girls.
Mercy Corps is an NGO that aims to alleviate poverty and oppression by helping people to build secure, productive and just communities. In conjuncture with their regional partners they organized Global Money Week events in a number of countries. In Swaziland they coordinated events with World Vision which is a NGO that works to promote improved and resilient livelihoods so that children, families and communities can experience fullness of life with special focus on economic empowerment and saving groups. To improve child well-being, World Vision’s strategy is aimed at building foundational livelihood assets, improving livelihood strategies, protecting lives and livelihoods and assessing the context and risk to lives and livelihoods. As such, this strategy combines both quick wins for short-term impact as well as concurrent systemic change for long-term sustainability.