KIA Motors South Africa awards R115,000 to various South African charities
KIA Motors South Africa recently awarded R115,000 to various South African charities as the final part of its Sharenet Stockpicks Charity Challenge. The Charity Challenge, an extension of the eight month long Sharenet Stockpicks Challenge, saw some of South Africa’s most influencial financial personalities go head to head in order to find out who could pick the best JSE listed stocks over a 5-month period. Participants for the charity challenge included Inkunzi Wealth’s Owen Nkomo, Classic FM Business’ Michael Avery, SASFIN’s David Shapiro and Rob Towell and CNBC Africa’s Bronwen Nielsen. Despite a hard-fought challenge by all contenders, David Shapiro and Rob Towell of SASFIN emerged victorious, winning R100 000 to donate to Hospice Wits and Hatzola Medical Rescue, their two nominated charities.
The R100 000 charity grand prize and the R5 000 for each of the participants’ charities lift the total prize value of the Sharenet Stock Pick Charity Challenge to R1 million, which includes an all-new KIA Sportage, won by Marvin Ngobeni, for succesfully picking South Africa’s best performing stocks over an eight month period.
Over 5,000 players registered to participate in the Sharenet Stockpicks Challenge, with an average of R100,000 worth of prizes given away from April to November 2016. “The Sharenet Stockpicks Challenge represented great sponsorship fit for the KIA brand as it exposed a financially savvy audience to the great value entrenched in the KIA brand. The handover of the charity prize brings a close to the Sharenet Stockpicks Challenge, which allowed us to expose our award-winning vehicles to a new audience in an exciting way” says David Sieff, Marketing Director of KIA Motors South Africa.
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