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Department of Economics and Finance took hands with alumni students in writing a book

01 April 2021 | Story Dr Nitha Ramnath | Photo Supplied

Personal finance authors_web read more — 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

Kovsie students’ artworks selected for Absa L’Atelier Awards 2013

2013-03-24

Learners from Ferrum High School in Newcastle, KwaZulu-Natal, admiring the artworks at the Centenary gallery.
Photo: Linda Fekisi
24 March 2013

Four artworks by Kovsie students have been selected for the 2013 Absa L’Atelier Awards. The artworks will form part of the national Absa L’Atelier exhibition later this year, which will be held at the Absa Gallery in Johannesburg.

Mandi Bezuidenhout, Louis Kruger and Johannes Botma, all master’s students in Fine Arts, have been selected as finalists for the central region of the prestigious competition.Two artworks of Louis, and one each of Mandi and Johannes, have been selected for the awards. Pauline Gutter, a former Kovsie student, has also been selected as finalist for the central region.

The Absa L’Atelier is South Africa’s most prestigious art competition and is held annually for artists between the ages of 21 and 35. This award not only ensures recognition for South Africa’s emerging artists, but also affords them the opportunity to develop their talents abroad. The winner of last year’s competition, Elrie Joubert, graduated with a master’s in Fine Arts from the UFS in 2010.

Four prizes are available in 2013’s competition. The first prize consists of R125 000 and a residency at the Cité Internationale des Arts in Paris. An Apersand Foundation Residency in New York City and a Sylt Foundation Residency on the Island of Sylt, Germany, will be granted through two merit awards. The most promising artist will receive the Gerard Sekoto Award of R80 000, as well as a residency at the Cité Internationale des Arts in Paris.

The Absa L’Atelier art competition is run in conjunction with the South African National Association for the Visual Arts (SANAVA).

An exhibition of artworks from the central region is currently on display at the Centenary Gallery, upstairs in the Centenary Complex, until 28 March 2013. The gallery will be open on 20, 25, 26, 27, and 28 March from 10:00 to 15:00.

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