Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
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

Colleges build community through Academic School Projects
2016-06-13


The South College leadership visited CommTech Secondary School as part of their academic
community engagement project. From left is Alexanne Ridge, Wilmie van der Wal, Edith Le Roux,
Tuli Molebalwa, Jean-Claude Naude, Mbali Skosana and Lerato Bale.
Photo: Eddie de Wet.
















Residence Life
at the University of the Free State (UFS), in collaboration with the Community Engagement office, decided to pilot a School Project within colleges for 2016.

The aim of the project is to invest in, and have impact on, not only schools and the learning environment, but also the volunteering spirit of college members. The project triggers critical and reflective thinking as well as the creativity aspect of development to contribute ultimately to our social responsibilities.

Each college will visit a school throughout the year, to serve its academic needs, and to foster relationships in the broader community. Recently, North College visited Bainsvlei High School in Bloemfontein to share information and success stories about academic life as a Kovsie student. At CommTech Secondary School in the city, South College delivered sponsored tables and chairs to improve the overall learning environment.

North College consists of Madelief, Tswelopele, Vergeet-My-Nie, Veritas, and Welwitschia residences while South College includes Armentum, Emily Hobhouse, Marjolein, Kestell, NJ van der Merwe, and Villa Bravado.

“It is a great opportunity for college members to interact with the community, and it serves as motivation for the learners. The learners were very enthusiastic about our visit, and I trust that the South College students will motivate them to complete their high-school career and join us at UFS”, said Wilmie van der Wal, College Coordinator.

The projects will continue during the second semester with the different colleges. Everyone can look forward to significant life-changing stories. A quote by Archbishop Desmond Tutu serves as motivation in this regard: “Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world”.

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept