2017 Mozambique Global Money Week
- Leading Organizations:
- Bank of Mozambique (Banco de Moçambique)
- Organisation name
- Participating Organizations:
- World Vision Mozambique
- Bolsa de Valores de Moçambique: BVM
- Gaza Province:
- Tete Province:
- Zambézia Province:
- Leading organizations:
- Bank of Mozambique (Banco de Moçambique)
- Banco Oportunidade de Moçambique
- World Vision Mozambique
- Mozambique Stock Exchange (Bolsa de Valores de Moçambique)
- Participating Organizations:
- Adolescents Saving Groups, Adults Saving Group, Saving Group Community Promoters, Local Government leaders, Traditional Leaders, Local TV, Local Radio, Women's Development Fund (FDM), District Services of Education , District Services of Youth and Technology , District Services of Economic Activities , District Service of Health , Provincial Department of Finance, Noticias Newspaper and singing and dancing group.
- Dates of the events:
- 14 - 20 of March
- Total number of children & youth engaged: 2 960
- Total indirect reach: 300
- World Vision
- Fund for the Development of women
- Provincial company of singing and dance
- Date of the event:
- 9th - 17th of March
- Number of children reached:
4 Schools, Adolescent Saving Groups, Adult Saving Group, Saving Group Community Promoters, Local Government leaders, Traditional Leaders, VODACOM-MPESA, Local TV, Women's Development Fund (FDM), District Services of Education, District Services of Youth and Technology , District Services of Economic Activities, Commercial and Investment Bank (BCI), Millennium International Bank of Mozambique (BIM)
4 Schools namely: Chiritse Primary School, Armando Emilio Guebuza Primary School, Mpenha Primary School and Mulambo Primary School, Commercial and Investment Bank (BCI), Millennium International Bank of Mozambique (BIM)
5 young Savings Groups, 5 adults savings groups, Commercial and Investment Bank (BCI) and Bank Opportunity of Mozambique (BOM).
The central bank of the country, Banco de Moçambique, will join Global Money Week for the second time in 2017 aiming to reach wider audience of children and youth. On 29th March, Banco de Moçambique and the Mozambican Insurance Supervision will participate to the event of the Mozambican Stock Exchange in Matola city, Maputo province, where they will host a group of students. It will be the second time the exchange will take part in GMW events, and 200 to 300 students from different secondary schools will have a chance to Ring the Bell, symbolizing the opening of the exchange markets. They will also participate in an educational activity about the role of the stock exchange, savings and investments. The Bank also hosts a series of events for 100 students in a primary school at Xai-Xai, the capital of Gaza province. Furthermore, in the rest of the country, in collaboration with the branch offices, the Bank will hold an event per province in primary and secondary schools
In 2017, World Vision Mozambique will participate in the GMW campaign for the third time through lectures, financial literacy workshops, drama and theatre activities. To celebrate the GMW, World Vision partnered with several other organizations in Gaza, Tete, and Zambézia provinces including: schools, adolescent saving groups, adult savings group, saving group community promoters, local government leaders, traditional leaders, VODACOM-MPESA, local television and radio, the Women's Development Fund, the District Services of Education, the District Services of Youth and Technology, the District Services of Economic Activities, Commercial and Investment Bank (BCI), Millennium International Bank of Mozambique (BIM). From 27th to 30th March, lectures will be held in primary schools in Gaza and Tete Province about the use of money, importance of saving money and advantages for opening a bank account. Some other interesting activities will be: presentations and practical demonstrations on how to save, a financial education session to foster parents by the Women's Development Fund (FDM), visits to schools In Gaza and Tete provinces, a parade and a talk about the theme in Chongoene Headquarter Secondary School, as well as drama and poetry about the annual theme Learn.Save.Earn. During the GMW 2017, VODACOM-MPESA and FDM will raise awareness in the community about monetary value processing and security.
Mozambican Stock Exchange (Bolsa de Valores de Moçambique) will also join the Money week celebrations, with an event scheduled to the 29 March 2017. Furthermore, in collaboration with the Mozambican Stock Exchange, Biggi Innovation Center will organize dynamic exercises that allow groups of children to know more about the cycle of creation of value.
2016 Global Mozambique Money Week
The central bank of the country, Banco de Moçambique, joined Global Money Week for the first time this year, and conducted two lectures on the "Origin and Conservation of Money - Metical" and "Savings" in two primary schools in Maputo province: Escola Primária Anexa ao IMAP, Matola city on 17 March and Escola Primária 3 de Fevereiro, in Maputo city on 18 March.
The bank staff of Banco Oportunidade de Moçambique also conducted a school visit during Global Money Week and delivered financial literacy workshops for students, and also visited a customer business during the Week. The visit of the agency in Matola aimed to show the future technicians how a bank branch works, how to request information and customer registration, how to apply for credit, how to make deposit transactions, how to survey using digital printing technology and, finally, the composition the agency in terms of human and other resources. Events received very good feedback from teachers and participants.
On 15 March, the Mozambique Stock Exchange received a group of students from Francisco Mayanga High School. It was a first time the exchange took part in GMW events, and the students had a chance to Ring the Bell, symbolizing the opening of the exchange markets; they also participated in an educational activity about the role of the stock exchange, savings and investments. BVM also conducted a press conference with participation of BVM’s CEO, addressing issues concerning the role of the stock exchange in promoting savings levels and SMEs development in Mozambique.
World Vision Mozambique participated in the campaign for the second time, through Chongoene Area Development Programme in Gaza Province. World Vision also involved a number of other organizations including: adolescent saving groups, adult savings group, saving group community promoters, local government leaders, traditional leaders, local television and radio, the Women's Development Fund, the District Services of Education, the District Services of Youth and Technology, the District Services of Economic Activities, the District Service of Health, the Provincial Department of Finance and other actors. Various activities were organized throughout the Week including talks in the communities, meetings for exchange of experiences between different groups of teenagers saving group members and trainings on financial literacy. Adolescent savings group members also visited Microfinance Institutions (Socremo and FDM MFIs). On 19 March, the Saving Fair was organized with talks about the Week’s theme and an exhibition of saving products in Chongoene Headquarter Secondary School.
World Vision also involved a number of important individuals in the Week including: the Governor of Gaza province, the District Government of Xai -Xai who was represented by Mr. Permanent Secretary, the Health District Offices for Women and Social Affairs and the District Services of Education, Youth and Technology, in addition to adult savings groups, children, World Vision staff, students and teachers of the Secondary and Primary school of Chongoene, police, Mozambique Public Television, Radio Mozambique and newspapers.
“We, as government, are pleased to take part in such an important initiative specifically for our children and teenagers who will soon begin to know how important is to save they money so that it can be of better use to them tomorrow” - District administrator representative.
“I am glad to know that students benefited from a financial session, mostly because we do not have subjects that look into those aspects in our curriculum… let us make this week of celebrations part of our life” - Spouse of the governor of Gaza province
“I made this moneybox in school to save the coins that my parents give to me, to buy something that I really want” - A student from grade 6
“I am pleased that I had the chance to participate in such a session, I always knew that there is saving but this session taught me more than what I knew, I learned about interest and profits” - 14 year old Adelia Sitoe studying grade 8
2015 Global Mozambique Money Week
World Vision led the Global Money Week 2015 celebrations in Mozambique. The main event was sensitization sessions on the importance of adolescents participating in savings groups, teaching on financial education, and saving sessions. The aim of this activity was to promote boys and girls participate in savings group and also encourage them to pursue product goals and aspirations. The financial education sessions aimed at teaching them the importance of having financial goals to fulfil their dreams, equip them with the knowledge and skills to develop financial plans, budgets and to manage small scale income generation activities. A considerable number of the youngsters who participated in the GMW celebrations were from low income generation and were also helping their parents run small business.
“Financial Education lessons are so important for me because they help me to establish financial goals.” - Lília, 16 years
“Financial Education sessions opened my eyes and now I understand the importance of having a budget.” - Olga, Savings groups Promoter