The Central Bank of Eswatini has opened its 2025 Global Money Week competition for primary school learners aged 5 to 12, built around the theme “Think before you follow, wise money tomorrow”. The challenge asks participants to imagine managing a household for a week on SZL 500 and to produce a weekly budget that demonstrates practical money management. Entries must set out essential expenses, allocate daily amounts, and track spending, including decisions that prioritise needs over wants, identify ways to save money, and address unexpected costs. Submissions can be a 600-word write-up (typed or handwritten) or a short video explaining and justifying the budget; work must be original and completed by the student. Prizes are SZL 4,500 (first), SZL 3,000 (second) and SZL 1,500 (third), with prize money to be deposited into the student’s unit trust, and judging will consider realism, prioritisation, creativity and communication. The submission deadline is 13 March 2025, with entries accepted via email or physical drop-off at Manzini, Siteki, Nhlangano, Big Bend and Piggs Peak libraries, or the Central Bank of Eswatini head office in Mbabane. Children whose parents or guardians work for the Central Bank of Eswatini, the Centre for Financial Inclusion, the Financial Services Regulatory Authority, the National Cooperatives Federation of Eswatini, ENACTUS or JA are not eligible to participate.
Central Bank of Eswatini 2025-03-06
Central Bank of Eswatini launches Global Money Week primary schools budgeting competition with prizes up to SZL 4,500
The Central Bank of Eswatini has launched its 2025 Global Money Week competition for primary school learners aged 5 to 12, focusing on practical money management with a SZL 500 budget. Participants must create a weekly budget addressing essential expenses, savings, and unexpected costs, with submissions in a 600-word write-up or short video. Prizes range from SZL 1,500 to SZL 4,500, deposited into the winner's unit trust, and entries are judged on realism, prioritisation, creativity, and communication.