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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

Kovsie Xtravaganza 2006 with Jak de Priester and Dewald Louw
2006-08-29

Kovsie Xtravaganza, the showcase of Kovsie student arts and culture achievers, will take place on Wednesday, 20 September 2006 at 20:00 in the Sand du Plessis Theatre. The audience can once again expect an array of sound, movement and colour in true Kovsie style.

This years’ production will be unique in the sense that a “10 man live band” will provide the sound.  The well known artist, Jak de Priester, will act as your host and guest artist. The newly crowned kykNET Idol and Kovsie student, Dewald Louw will all make a guest appearance!

The annual residence culture winners will also be announced at the event. Wayne Flemming is the director of the show, whilst John Smit will act as musical director.

 The audience can once again expect some familiar hit songs, presented in true Kovsie fashion! Apart from well-known artists like Thabo Hlongwane, Hanno van Heerden, Caroline Haasbroek, Elmarie Potgieter and Bea van der Vyver, some new talent will also be presented on stage. The winning serenade groups, Veritas and Sonnedou, as well as choirs and dance groups, will be part of the production.

Tickets for this extravaganza will be available from all PACOFS outlets at R30-00 a ticket and bookings can be done at 051-447 7772.

 For any other enquiries, please contact Kovsie Culture (Louis Botha) at 051-401 2819.

 

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