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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

Department of Architecture creates environment for winners
2017-08-29

  Description: Arch Gimp read more Tags: : Department of Architecture, Madeli Beyers, 10th Annual Carl & Emily Fuchs Foundation, Prestige Prize in Architecture

The three beneficiaries of the Carl and Emily Fuchs
Foundation’s Prestige Prize in Architecture were from
the left: Madeli Beyers (UFS), Diana Kuhn (UCT),
and Benjamin Kollenberg (Wits).
Each received a bursary of R50 000. 
Photo: Supplied


A feather in the cap for the Department of Architecture at the University of the Free State was when Madeli Beyers (BArchHons), was announced as one of three recipients of the 10th Annual Carl and Emily Fuchs Foundation Prestige Prize in Architecture. 

According to Jako Olivier, Programme Director of the Department of Architecture, the top graduate students of eight national Architectural Learning Sites are adjudicated on their undergraduate portfolios, their full academic record and a 24-hour En Loge project.

This year, the En Loge project was conceptualised by the department, and investigated the forgotten voices in science, and the magical realism stories of the Free State landscape and the cosmos. The project was presented at the Boyden Observatory and science education centre. 

The adjudicating panel was assembled from a list of 23 practitioners and academics proposed by the SA Institute of Architects. 

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