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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

Kovsies to celebrate excellence at 2014 December Graduation Ceremony

2014-12-02

Live streaming: http://apps.ufs.ac.za/ufslivestreaming/

On Thursday 11 December 2014, the University of the Free State (UFS) will award degrees and qualifications during our Summer Graduation Ceremony at the Bloemfontein Campus.

The graduation will take place during two ceremonies in the Callie Human Centre, where master’s and PhD degrees will be awarded during the first ceremony at 09:30. Diplomas, certificates and undergraduate qualifications will be awarded to students from the School of Open Learning and the Faculty of Health Sciences at 14:30.

Radio personality, Redi Thlabi, and cardiothoracic surgeon, Dr Susan Vosloo, will address the graduates.

Apart from her radio show on 702 and CapeTalk, Thlabi has also hosted local television news shows and anchored for international broadcasters like SKY and the BBC. In addition, she has presented two of her own TV shows: ‘Redi’ on Mzansi Magic and ‘South to North’ on Al-Jazeera.

Her first book, Endings and Beginnings (Jacana) received popular acclaim and is currently being turned into a screenplay for a movie.

Dr Susan Vosloo, a Kovsie alumnus, graduated in 1980. She completed her internship in Pretoria and spent the following year in Critical Care Medicine at Universitas Hospital, Bloemfontein, before starting her surgical training in Johannesburg.

She is currently in independent private practice at the Netcare Christiaan Barnard Memorial Hospital in Cape Town, having also worked from 1998 – 2012 at the Vincent Pallotti Hospital in the same city.

Dr Vosloo maintains close ties with our university and has quite a number of addition roles to that of surgeon:

• member of the Council of the UFS;
• UFS Council Representative in the Senate;
• member of the Standing Advisory Committee of the School of Medicine, UFS;
• member of the Provincial Department of Health;
• Africa representative for the Pediatric Cardiac Intensive Care Society; and
• founding member of the World Society for Pediatric and Congenital Heart Surgery.

Prof Boelie Wessels will also be awarded his 10th academic degree from the UFS since 1974. Adding his Honorary Doctorate degree to the list, it will make this his 11th degree. Prof Wessels is 84 years old and has 18-plus academic qualifications from various institutions – a phenomenal achievement.

Furthermore, Moses Lubinga and his wife, Stellah, will be the first married couple to be awarded their PhDs at the same graduation ceremony at the UFS. Mr Lubinga will receive his Doctorate in Agricultural Economics, while Mrs Lubinga’s PhD is in the field of Economic and Management Sciences.

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