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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

Ecofeminism a possibe solution to impending famine
2016-05-12

Description: Ecofeminism Tags: Ecofeminism

Dr Inge Konik (right) is pictured with her postdoctoral supervisor, Prof Bert Olivier, Senior Research Professor at the Department of Philosophy.
Photo: Valentino Ndaba

In view of the environmental and social problems faced in South Africa today, researchers such as Dr Inge Konik are hard at work mapping these issues and seeking long-term solutions. Dr Konik,  a lecturer in the Department of Journalism, Media and Philosophy at the Nelson Mandela Metropolitan University (NMMU) shared her views in a presentation on 6 May 2016. She spoke about revaluing indigenous ways of life and subsistence-focused lifeways, linking this to materialist ecological feminism, or ecofeminism for short.

Dr. Konik’s presentation, hosted by the Department of Philosophy at the Bloemfontein Campus of the University of the Free State (UFS), was entitled: “Transversal reflections on ecological feminism and ubuntu.” The research underpinning the presentation derived from Dr Konik’s doctoral thesis which was supervised by Ariel Salleh (University of Sydney) and Andrea Hurst (NMMU).

Dr Konik’s research suggests that ecofeminism - which is a convergence between environmentalism and feminism - may hold the answers to the question of how we may work against environmental and social injustices. She also proposed that society look back toward subsistence communities of the past, and those currently being marginalized in our industrial societies, and linked the values evidenced in the practices of these communities to the African philosophty of ubuntu. In order to solve  complex contemporary challenges Dr Konik suggests that we combine these seemingly disparate theoretical frames - ubuntu and ecofeminism - by applying a transversal approach, which involves openness to dialogue  between traditions.

“My focus was on ecological feminism and critical theory and very specifically on South Africa, given the challeges South Africa faces - the environmental and social challenges and what kind of frameworks would be helpful,” said Dr Konik, who will officially become a postdoctoral research fellow at the department as of July 2016.

Prof Pieter Duvenage, Head of the Departement, stated that compelling research outputs are anticipated from Dr Konik as a fellow.

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