Six Wits students have been named among the 20 finalists in the Nedbank and Old Mutual Budget Speech Competition.
This annual competition is an initiative through which Nedbank and Old Mutual, supported by the National Treasury, seek to nurture and invest in the next generation of economists, decision-makers and thinkers. Participants are required to submit an essay responding to an essay question and the winning student of the postgraduate category stands a chance to win R150 000 while R30 000 is up for grabs in the undergraduate level. Essays are judged on merit and quality by judges from Nedbank, Old Mutual, the National Treasury, the business sector and external consultants.
In the undergraduate category, the 2012 Wits finalists are Kira McDonald, Zara Kretzmer and Terry van Staden; the postgraduate category features Khethinkosi Dlamini, Yaseen Jooma and Maria Ngarachu.
In the past four years, Witsies have twice won the challenge and many others have featured as finalists. Shaheen Seedat took the postgraduate title in 2010 and Tsepo Machele claimed the undergraduate prize in 2008.
The 2012 winners will be announced by the Minister of Finance, Pravin Gordhan, in February 2013 at a banquet hosted by the financial institutes. Finalists will be flown to Cape Town where they will have an opportunity to interact with industry leaders and engage in a host of activities.