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01 April 2021 | Story Dr Nitha Ramnath | Photo Supplied
Back: Dr Nico Keyser (editor), Dr Ivan van der Merwe. Front: Minette Weideman (Portfolio Manager at Levevis Investment and Consulting Services), Melanie Ferreira (Business Development Manager at Allan Gray), Dr Cecile Duvenhage (editor) and Lizelle Jansen van Rensburg (Lecturer). Dr Jesse de Beer (Lecturer at University of Namibia) was absent.

Two lecturers from the Department of Economics and Finance at the University of the Free State (UFS) teamed up with alumni – who were once students in their department – to write a book on personal finance. This book is the latest hands-on application of the theory in practice.

“From the book it is evident how our alumni – who once were learners – became educators and contributed to teaching and learning,” says Dr Cecile Duvenhage, Lecturer in the Department of Economics and Finance, about the book Personal Finance. The desire to write this book stems from previous studies done by Dr Duvenhage and Dr Nico Keyser, Senior Lecturer, on the financial literacy levels among young adults. 

One such study was published in the Journal of Psychology in Africa (29(4):460-465). According to the study, young adults lack the basic understanding of financial aspects. Theory can be learned by heart, but the understanding and execution of well-informed financial decisions need to be addressed. Thus, the book was written in such a way that it is easy to understand, and with the aim of changing financial behaviour and attitude in a positive manner. The book provides useful websites and appendices for additional information and reading, and is aimed at the man on the street, researchers, and practitioners. 

Acording to the authors, during the writing of the book in 2020, new challenges arose, including the dramatic impact of COVID-19 on the financial market, and these aspects were included during the final stages and editing of this book. 

“Why personal finance? ‘Money makes the world go round’, the saying goes. Good financial decision making has a positive influence on overall well-being, allowing people to maximise their opportunities and lead more fulfilling lives. Personal finance teaches individuals financial skills so that they can manage their money better. The subject, Personal finance, is an interdisciplinary subject and encompasses many areas and core topics such as decision making, cash-flow management, savings, credit, debt, housing, and planning for the future.” 

Personal Finance (first edition) was published by Van Schaik Publishers and has been available from leading bookshops since the end of December 2020.  All chapters were critically reviewed by three (3) university lecturers and a qualified editorial panel.

News Archive

UN-SPIDER expert appointed at UFS Risk Management Centre
2017-06-02

Description: Dr Joerg Szarzynski Tags: Dr Joerg Szarzynski

Dr Joerg Szarzynski, head of the EduSphere section
and Education Programme Director at the
United Nations University, Institute for Environment
and Human Security.
Photo: Supplied

“This new development will strengthen the long-lasting collaboration between DiMTEC and the United Nations University, Institute for Environment and Human Security (UNU-EHS) in Bonn in Germany. This [collaboration] goes back for almost a decade of joint training courses and increasingly also includes collaboration in the frame of scientific projects, especially in Africa.”

These were the words of Dr Joerg Szarzynski after his appointment as Affiliated Associate Professor to the Disaster Management Training and Education Centre for Africa (DiMTEC) at the University of the Free State (UFS). Dr Szarzynski will assume his new position with immediate effect.
 
The United Nations University (UNU) is a global thinktank and postgraduate teaching organisation headquartered in Japan.

Dr Szarzynski, head of the EduSphere section and Education Programme Director at UNU-EHS, brings with him a wealth of experience, including serving as senior expert to the United Nations Platform for Space-based Information for Disaster Management and Emergency Response (UN-SPIDER). Within the team, he was principal desk officer for Africa responsible for relief activities after natural disasters, technical consultation, information management, collaborative network development and the cluster on health and climate change adaptation. He also has broad expertise in climatology and remote sensing, global environmental change research, capacity-building and web-based data and information management.

“Dr Szarzynski’s appointment brings
new research opportunities.”

Lecture focus on vulnerability and disaster risk reduction
As part of his new academic responsibilities, Dr Szarzynski will conduct face-to-face lectures during a course on vulnerability and disaster risk-reduction. With this course the centre aims to increase awareness of the complexity and importance of vulnerability and resilience in the field of disaster risk management. Dr Szarzynski’s teachings will focus on Early Warning Systems and Geospatial Technologies in Support of Disaster Risk Reduction (DRR) and Emergency Response Preparedness. He will also lead courses on Assessment and Coordination in International Disaster Management and Humanitarian Response and Information Technology in Disaster Risk Reduction and Disaster Management.

Furthermore he will give lectures via distance learning for the wider curriculum at DiMTEC.

Collaboration between DiMTEC and UNU
Dr Andries Jordaan, Director of DiMTEC at the UFS said: “His appointment opens new networks within the United Nations system, which brings new research opportunities. Furthermore, his expertise is important to us. He has already provided input and delivered lectures through Skype in the course of Information Technology and Communication.”

Dr Szarzynski has been lecturing for the past 10 years in the UFS’ international PhD curriculum.

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