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NewsTranscript
00:00 [MUSIC PLAYING]
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00:37 Today, we are going to be awarding the top three
00:46 winners in the University Challenge.
00:51 But we cannot award them if we don't know that out
00:55 of the six teams, who are the best three.
01:00 Right about now, we're going to be starting the University
01:04 Challenge of the top six teams from all the provinces
01:11 of the country.
01:11 [MUSIC PLAYING]
01:15 [MUSIC PLAYING]
01:18 It's a pleasure for us from the Institute
01:43 of Certified Public Accountants to be here with you tonight.
01:48 It gives us a lot of pleasure and joy
01:52 to see the young people all gathered in this room,
01:58 working on very interesting things.
02:02 It's an open secret that Rwanda wants
02:04 to become a financial hub.
02:07 And I think this kind of initiative that we have here
02:11 really geared towards taking us into that direction.
02:15 And at the Institute of Certified Public Accountants
02:18 of Rwanda, we say we can't miss this opportunity.
02:22 We want to be part of that great story.
02:25 Some of you are going to remain educators.
02:28 You're going to be future professionals in other areas.
02:32 But you are also, I can tell, without a doubt, many of you
02:37 will become entrepreneurs.
02:39 So these skills you learn here, the spark
02:42 you get from going through this challenge
02:45 will get you to want to learn more.
02:52 So as I said, you are future professionals, investors,
02:57 savers, educators, capital market authority, bosses,
03:02 and stock exchange CEOs.
03:04 Me, I'm getting-- you see my hair.
03:06 Erica still has some, you know.
03:09 So it's been with a lot of experience in this industry.
03:13 I was not a CEO.
03:14 No.
03:16 I was like you at one point.
03:18 So it takes time, courage, and that thirst to learn,
03:23 especially to learn.
03:25 And here, you are learning something good,
03:27 something good that is being put on a table
03:31 to help our country go forward, to help our country be
03:33 able to raise funding for long term,
03:37 to help our businesses thrive.
03:40 So with all those few remarks, I wish to end here.
03:45 Congratulate to those who have won.
03:47 It's not a war.
03:49 It's just a challenge.
03:51 And the third winner in quiz category, the Brains.
04:01 So the second winner in the quiz category
04:05 is no one else than Victoria's Club.
04:07 So the winner of the quiz category, of course,
04:15 number one is none other than Talented.
04:18 We want students, because these are students,
04:27 these are investors of tomorrow, isn't it?
04:31 You're going to be the next business men and women, CEOs,
04:37 ministers.
04:38 You're going to be having an income.
04:41 So we want you still at university level
04:44 to be aware about opportunities on how
04:47 you can save or invest with the stock market.
04:50 That's objective number one.
04:52 Objective number two is the stock market cannot develop
04:57 without people.
05:00 So we need people.
05:01 We need people like you so that tomorrow you
05:04 can come in the industry and work as professionals
05:07 in the stock market.
05:08 So that's why we really invest a lot of resources, a lot of time
05:13 to build the people.
05:15 Because without the people, we cannot develop this stock
05:18 market.
05:19 Warren Buffett said, do not save what is left after spending.
05:26 Instead, spend what is left after saving.
05:31 That's meaning if you have your income,
05:33 don't wait to exhaust your budgets and save.
05:39 Otherwise, you'll have-- actually, we all
05:41 have excuses of not saving.
05:43 But Warren Buffett is advising us,
05:45 before you start consuming your budgets, save first.
05:48 Saving is a culture.
05:50 There is no little money to save.
05:52 Start small.
05:54 As you see the benefit of saving,
05:56 you will see you can upgrade the percentage of your saving.
06:01 We cannot develop such an industry, capital market
06:04 industry, without the people.
06:08 Hence, ensuring that different segments of our population
06:13 is availed with information on the benefits, importance, risks
06:18 and rewards of savings and investing
06:21 through the capital market.
06:25 Since we have witnessed the award of the best performers
06:28 at the national level of this year's University Challenge
06:31 tonight, I would like, and I cannot avoid,
06:36 to congratulate the winners in the two categories
06:40 that we have witnessed this evening for their achievements.
06:44 And I request you to join me to give a strong and heavy round
06:47 of applause.
06:48 [APPLAUSE]
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