Inside Education Correspondent
A delegation of South African students from various universities, led by Advocate Nomazotsho Memani, is in Sochi, Russia for the International Financial Security Olympiad.
Russian Alumni coordinated the program in conjunction with various universities.
Memeni said, via WhatsApp, that the group left South Africa on 29 September and has reached the final stages of the competition.
“Seven South Africans who have passed the first round of trials will participate in the final stage on 2 to 6 October 2023, at the ‘Sirius’ federal territory in Sochi, Russia.
The South African participants are Bubulumko Baai, Karabo Masenyadiloana, Thokozani Simelane, Thabo Lehlohonolo, Malale Kasango, Mamello Mofokeng, Snazo Mona and Zandile June-Rose Ngcobo.
The Olympiad is hosted by Rosfinmonitoring, Russian Ministry of Education, the Ministry of Science and Higher Education and RUDN University,” she said.
In a statement, the head of the International Olympiad on Financial Security project, Vice-rector for Student in Affairs in Russia, MJ Katsarsky, said South Africa is taking part in the event for the second time.
“The peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University) has the honour to express our compliments and inform that according to the results of the qualifying stage of the International Olympiad on Financial Security (hereinafter -Olympiad) the 8 finalists from South Africa, will go through the final stage.
“The purpose of the Olympiad is to show modern trends to the talented young people in the sphere of financial security, directions of development of science and technology in this area, to allow determining their future path”.
More than 12 500 students took part in the Olympiad in total and about 2 000 of them are foreigners”.
Katsarskysaid due to the growing interest in the International Financial Security Olympiad among a number of states, the geography of participating countries was expanded in 2023, with countries such as Algeria, Cuba, Iran, Namibia,, Pakistan,, Venezuela, and Vietnam having joined BRICS.
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