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South African Reserve Bank
Monetary Policy Committee
Schools Challenge


All teams taking part in the Monetary Policy Challenge will receive certificates for participation, merit or distinction.
Cash prizes of the following amounts will be awarded to the winning teams:
1st place team    R20 000 plus iPad plus a commemorative coin
2nd place team –  R14 000
3rd place team    R10 000
4th place team    R  4 000
5th place team    R  2 000
The winning school will receive R10 000 and the winning Grade 12 Economics Teacher, an iPad.
Members of the winning team will also have their names put forward to receive South African Reserve Bank bursaries.  Should they go on to meet the criteria to be awarded a Reserve Bank bursary, the full costs of their undergraduate degree (up to R75 000 per year), including tuition, accommodation, books and sundries, will be paid for.
The winning team, along with their Economics teacher and the DoE subject advisor for their region, will also travel to Pretoria to spend the day of  23 September 2015 at the Reserve Bank.
They will be special guests of the Bank and will be able to watch the Governor deliver the Monetary Policy Statement.  During the day, they will also have lunch with senior decision makers and see first hand how economic theory is put into practice.
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