scholarly journals Financial Literacy Needs Of South African Third-Year University Students

2013 ◽  
Vol 12 (4) ◽  
pp. 439 ◽  
Author(s):  
Jurgens Louw ◽  
Jaco Fouche ◽  
Merwe Oberholzer

It is evident from the literature that financial education and financial training fail in South Africa, which results in tertiary institutions sending their students into the world with a lack of preparedness for the financial challenges that await them. The problem with this study is that before interventions can be designed, a thorough understanding of the needs of students is important. Therefore, the purpose of this case study is to evaluate the financial literacy needs of third-year students at a South African university. The research fulfills the purpose by means of a survey, where a questionnaire was developed to first evaluate the socio-economic environment and exposure to the world of finance and then the financial literacy of 424 students who participated in this study. The contribution of this study is, first, that with the existing literature as a basis and a cluster analysis of the results, a new suitable questionnaire to evaluate financial literacy was developed for the South African context. Furthermore, the study uncovered the areas where the respondents, who are mainly financially supported by their parents, have a high level of literacy, as well as the areas of illiteracy that need to be addressed.

Author(s):  
Maake Masango

This article is dedicated to Prof. Dr Andries van Aarde who has mentored a large number of students during his time as a lecturer at the University of Pretoria. It is written at the time when workers in South Africa are striking. Industrial psychologists are involved in mediation and aim to develop a culture of understanding between workers and management. The article analyses some causes of tension between managers and workers in the South African context and indicates how mentorship may help to foster growth amongst workers and managers. A case study explores the issue of cultural differences which often lead to misunderstandings, especially when managers do not understand the world in which workers live. The aim of the article is to contribute to existing insights that may help to create a healthy working relationship between managers and workers which will benefit both.


Author(s):  
Khosi Kubeka ◽  
Sharmla Rama

Combining the theories of intersectionality and social exclusion holds the potential for structural and nuanced interpretations of the workings of power, taking systemic issues seriously but interpreting them though social relations that appear in local contexts. An intersectional analysis of social exclusion demonstrates to what extent multiple axes of social division—be they race, age, gender, class, disability or citizenship—intersect to result in unequal and disparate experiences for groups of youth spatially located in particular communities and neighborhoods. A common reference point is therefore power and how it manifests at the intersection of the local and global. A South African case study is used to explore the subjective measures and qualitative experiences of intersectionality and social exclusion further. The unique ways that language intersects with space, neighborhood, and race in the South African context, enables opportunities in education and the labor market, with profound implications for forms of social exclusion.


2016 ◽  
Vol 2 (2) ◽  
pp. 431-445
Author(s):  
Sunelle Stander

Oppression manifests itself in various ways, such that intersections between different forms of oppression can be identified. This is also true for women living in South Africa, a country that has for years been plagued by many forms of oppression (racism, sexism, classism, etc.). Women are, amidst various forms of oppression, often left with few alternative options but to bargain with various forms of gender relations as a means to obtain basic human rights (like education). Recent student protests have highlighted the discriminating ways in which black students are kept from obtaining higher education. The so called “maidens bursary”, awarded to underprivileged girls who vow to stay virgins throughout their studies, will be used as a case study that examines an alternative route to which underprivileged women may resort in order to obtain a quality education. The notion of patriarchal bargaining will then be used to illumine the often unrecognized, complex and interwoven relationship between subordination and agency/resistance that operates within the South African context.


Politeia ◽  
2016 ◽  
Vol 33 (1) ◽  
pp. 50-65
Author(s):  
Mark K. Ingle

This article documents the rise to prominence of the informal economic sector in academic developmental discourse. After a brief survey of the South African context, the article contrasts the new way of viewing the informal sector with the old. It shows how this shift in attitudes, ranging from grudging respect to outright advocacy, has generated new conceptual tools with which to theorise economic informality. A keen appreciation of the imperatives entailed by the different perspectives of the main protagonists is vital to any reconciliation of the divergent policy prescriptions being advanced for the informal sector.Bureaucrats and human rights activists view informality through very different lenses. The World Bank’s exit/exclusion philosophy recognises that economies at different stages of development will require customised approaches in coming to terms with economic informality. However, the common denominator of the theoretical views articulated in the article is a recognition that the informal sector cannot be dismissed out of hand, and that it has grown to the extent that it warrants serious attention and respect. Measures taken by the government to compensate for losses incurred due to informality could prove ultimately to be counter-productive. The informal economic sector has become a force to be reckoned with.


Author(s):  
Mookgo S. Kgatle

African Pentecostalism continues to be a growing part of Christianity both in Africa and the rest of the world. Pentecostal churches in Africa are on the rise at a very high rate. However, theological education in South African universities does not reflect this reality, but continues to be of a western orientation. Therefore, there is an urgent need and demand for a theological education that will be relevant to Africa. It is an urgent need for African Pentecostalism to be integrated into the theological education of South African universities. This can be achieved by integrating African Pentecostalism into the curriculum, by decolonising Pentecostal research and by the emergence of critical African scholars that can address cutting-edge issues in a South African context. Thus, theological education in South African universities shall be a contextual and relevant one.


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