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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

Dean of Health Sciences receives prestigious international fellowship
2015-11-11



Dean of the Faculty of Health Science,
Prof Gert van Zyl

The Dean of our Faculty of Health Science, Prof Gert van Zyl, was admitted as an Inaugural Fellow of the Association for Medical Education in Europe (AMEE) at the annual conference in Glasgow.

This fellowship recognises members of AMEE who have demonstrated a consistent commitment to excellence in health professional education through scholarly contributions to the field over at least five years. Prof Van Zyl was honored with a Fellowship for his senior role related to education at the UFS, including his scholarly contributions. “This was an enormous privilege for me to be awarded the AMEE full Fellowship as one of only two South Africans to receive this honour from a prestigious organisation such as the AMEE. It also gives credit to the excellent work done by the team in the South African Association of Health Educationalists (SAAHE), and the Health Science Education team in the Faculty of Health Sciences at the UFS. All the leadership, hard work, and excellence over many years are acknowledged with this Fellowship. My appreciation to colleagues that motivated and inspired me during my academic journey to achieve this fellowship,” says Prof Van Zyl.

In seeking Fellowship of AMEE, applicants make a commitment to continue their leadership and the promotion of scholarship in health professional education into the future, as well as to the ongoing mentorship and development of more junior members who aspire to recognition at Associate Fellow or Fellow level. Fellows are expected to contribute actively to AMEE activities.

Prof Van Zyl was also recently appointed by the Minister of Health, Dr Aaron Motsoaledi, as Council Member representing Higher Education on the Health Professions Council of South Africa (HPCSA).

 

 

 

 

 

 

 

 

 

 

 

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