Download or read book Instilling a Cultutre of Saving in South Africa written by Maureen Makole Manyama and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: South Africa is pro-consumption and as a result, the level of saving has declined. This research focused on savings by household sector. The study started by assessing the reasons for the high consumption culture and a nonexistent savings culture in South Africa. The second question was to review the initiatives by government, corporate sector (especially financial institutions), and the South African Savings Institute, to encourage savings culture within South Africa. The methodologies followed were an unstructured interview with an industry expert, focus group and survey. The research concludes by highlighting the need for education on saving at basic levels, the initiatives by government to cater for all different LSMs.
Download or read book Creating a Savings Culture for the Black Middle Class in South Africa written by Mark Cronje and published by . This book was released on 2009 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cultural Form of Saving as a Group written by Katrina Tomar Greene and published by . This book was released on 2002 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of Household Saving written by Hlayiseka Morgan Chauke and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Saving is critical for the economic development of a country and can insulate it from unwanted inflation and financial instability as a result of international exposure. South Africa is currently experiencing low savings rates and many South Africans have difficulty servicing their debts. Black Africans form the majority in South Africa and they are therefore of critical importance with regard to saving and this country's ability to finance future projects. It can be argued that the White South African population is becoming older and will therefore begin to withdraw its savings. A literature review has been undertaken to distil the determinants of saving in general and to observe the applicability of these determinants to Black middle class South Africans. Therefore, this paper seeks to identify the determinants of household savings of the Black middle class, with reference to questionnaires and quantitative answers from the respondents in four of South Africa's provinces. The key findings of the research indicate that the South African Black middle class is financially illiterate and not disciplined with regard to budgeting. They show a high dependency ratio, and the need for instant gratification. In addition, people are hindered by cultural norms that inhibit them from discussing theirSaving is critical for the economic development of a country and can insulate it from unwanted inflation and financial instability as a result of international exposure. South Africa is currently experiencing low savings rates and many South Africans have difficulty servicing their debts. Black Africans form the majority in South Africa and they are therefore of critical importance with regard to saving and this country's ability to finance future projects. It can be argued that the White South African population is becoming older and will therefore begin to withdraw its savings. A literature review has been undertaken to distil the determinants of saving in general and to observe the applicability of these determinants to Black middle class South Africans. Therefore, this paper seeks to identify the determinants of household savings of the Black middle class, with reference to questionnaires and quantitative answers from the respondents in four of South Africa's provinces. The key findings of the research indicate that the South African Black middle class is financially illiterate and not disciplined with regard to budgeting. They show a high dependency ratio, and the need for instant gratification. In addition, people are hindered by cultural norms that inhibit them from discussing their finances. These findings can be traced back to this class's previous exclusion from the main economy. The recommended outcome of this paper indicates that the South African government should implement budgeting as part of the curriculum in primary and high schools. People leaving employment before retirement should not be allowed to cash out more than 50% of their pension fund, and the private sector should be involved in educating its employees with regard to budgeting and the benefits of saving, while creating an environment that facilitates access to financial providers.
Download or read book Saving South Africa written by Chris Pappas and published by Pan Macmillan South africa. This book was released on 2024-04-25 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Democratic Alliance won control of the uMngeni Municipality in the KwaZulu-Natal Midlands after the local government elections in 2021. As the only DA-run municipality in KZN, uMngeni provides a template for how local government could work in a post-ANC South Africa. Written by two leaders at the very heart of the project, Saving South Africa reveals the challenges, the triumphs and disasters the new administration has encountered along the way. It is an eye-opening exposé of how cadre deployment has helped to bring the country to its knees. It is a story of incompetent officials, political spies, gun-wielding tenderpreneurs, petty theft and grand larceny. And yet, as we follow the authors on their journey, there is always hope for a better future as the corrupt layers of local governance are gradually stripped away, revealing the responsive and caring civil service envisioned by the South African Constitution.
Download or read book Saving Capitalism and Democracy written by M. Rabie and published by Springer. This book was released on 2015-12-11 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Saving Capitalism and Democracy tries to answer the difficult questions posed by intellectuals, the media, politicians, students and ordinary people concerning the crisis and how to avert an impending catastrophe.
Download or read book Ironies of Solidarity written by Erik Bähre and published by Bloomsbury Publishing. This book was released on 2020-01-15 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Set in one of the world's most unequal and violent places, this ethnographic study reveals how insurance companies discovered a vast market of predominantly poor African clients. After apartheid ended in 1994, South Africa became a 'testing ground' for new insurance products, new marketing techniques and pioneering administrative models with a potentially global market. Drawing on Rorty's notion of irony for understanding how the contradictions inherent to solidarity affect inequality and conflict as well as drawing on a vast array of case studies, Ironies of Solidarity examines how both Africans enjoy the freedoms that they have gained in financial terms and how the onset of democracy effected the risks faced in everyday life. Bähre examines the ways in which policies are sold and claims are handled, offering a detailed analysis of South Africa's insurance sector.
Download or read book The Power of Your Life written by Grietjie Verhoef and published by Oxford University Press. This book was released on 2018 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores a century of business development of The South African Life Assurance Company, from a specific local focus to a national conglomerate expanding into global insurance markets. Established as a strategic vehicle to address Afrikaner economic marginalization and abject poverty at the beginning of the twentieth century, Sanlam has displayed both path dependence and a dynamic adaptability to complex changing contexts to become a global player. The strategic convergence of economic empowerment through the mobilization of savings into insurance products, as well as Afrikaner nationalism, assisted this growth. Sanlam has played an a-typical role in the economic empowerment of an ethnic entity through extensive investments into the industrializing South African economy. This strategic diversion created operational limitations that were only resolved early in the twenty-first century. As globalization, financial deregulation, and weakened Afrikaner political and social hegemony manifested, strategic change management relied on the path dependence of empowerment strategies to address new markets with similar needs to those of the early stakeholder market of 1918. The former mutual life office demutualized operations to become a diversified financial services group of companies operating across almost the entire African continent, as well as in India, Malaysia, and the UK. This volume presents a business history of strategic management of an insurance enterprise, and its transformation from a defined cultural context into an international empowerment strategy through innovation on all levels of business operation and organization. This book is an Open Access publication, available online under a CC BY-NC-ND 4.0 license.
Download or read book Lessons from Past Heroes written by Phumlani M Majozi and published by Jonathan Ball Publishers. This book was released on 2023-10-16 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: What can be learned from black South Africans who achieved success before South Africa became a democracy in 1994? What are the challenges they faced, and how did they overcome them? And, today, how have South Africans benefited from the country's democratic system of governance? These are the questions Phumlani M. Majozi explores and attempts to answer in Lessons from Past Heroes. He traces black people's success and political activity back to the early 1900s; successful men and women who spearheaded the struggle against the segregationist, colonialist government and devoted their lives to advancing the interests of their communities. Phumlani explores the careers, challenges, and successes of people such as Pixley ka Isaka Seme, John Langalibalele Dube, Sol Plaatje and Josiah Tshangana Gumede. During the apartheid years, South Africa produced black men and women who overcame the odds to succeed in their fields of business, entertainment, science, and politics. They excelled in the face of an oppressive government system, and their stories should inspire every South African today. After exploring the history of South Africa, Phumlani delves into the present and the future; evaluating the challenges South Africans face and proposes solutions that can speed up their economic progress. He argues that much of South Africa's history has portrayed the majority as victims of the minority, and that the inspirational stories of those people who overcame adversity are not being told widely enough. These stories must be told to inspire future generations. If black South Africans could succeed in the pre-1994 era, what can stop them today? The answer is nothing, Phumlani writes. Phumlani M. Majozi is a business and macroeconomics analyst, writer and commentator on economic, political and global issues. He is a Senior Fellow at African Liberty and sits on the boards of four organisations: Chartered Institute of Business Accountants (CIBA), South African Institute of Race Relations (IRR), Social Research Foundation (SRF) and Organisation Undoing Tax Abuse (OUTA).
Download or read book Mies Julie written by Yaël Farber and published by Oberon Books. This book was released on 2012-12-11 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: South African born internationally acclaimed director and playwright, Yaël Farber, sets her explosive new adaptation of Strindberg’s Miss Julie in the remote, bleak beauty of the Eastern Cape Karoo. Transposed to a post-apartheid kitchen – a single night, both brutal and tender, unfolds between a black farm-labourer, the daughter of his master and the woman who has raised them both. The visceral struggles of contemporary South Africa are laid bare, as John and Mies Julie spiral in a deadly battle over power, sexuality, mothers and memory. Haunting and violent, intimate and epic, the characters struggle to address issues of reprisal and the reality of what can and cannot ever be recovered. Mies Julie is the winner of a number of awards including, the Best Of Edinburgh Fringe Award, an Edinburgh Fringe First Award and an Edinburgh Herald Angel Award. In December 2012, Mies Julie was listed in the Guardian's top ten best theatre picks of 2012 and in the Top Ten Plays of 2012 by the New York Times.
Download or read book Economics of South African Townships written by Sandeep Mahajan and published by World Bank Publications. This book was released on 2014-08-25 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries everywhere are divided within into two distinct spatial realms: one urban, one rural. Classic models of development predict faster growth in the urban sector, causing rapid migration from rural areas to cities, lifting average incomes in both places. The situation in South Africa throws up an unconventional challenge. The country has symptoms of a spatial realm that is not not rural, not fully urban, lying somewhat in limbo. This is the realm of the country’s townships and informal settlements (T&IS). In many ways, the townships and especially the informal settlements are similar to developing world slums, although never was a slum formed with as much central planning and purpose as were some of the larger South African townships. And yet, there is something distinct about the T&IS. For one thing, unlike most urban slums, most T&IS are geographically distant from urban economic centers. Exacerbated by the near absence of an affordable public transport system, this makes job seeking and other forms of economic integration prohibitively expensive. Motivated by their uniqueness and their special place in South African economic and social life, this study seeks to develop a systematic understanding of the structure of the township economy. What emerges is a rich information base on the migration patterns to T&IS, changes in their demographic profiles, their labor market characteristics, and their access to public and financial services. The study then look closely at Diepsloot, a large township in the Johannesburg Metropolitan Area, to bring out more vividly the economic realities and choices of township residents. Given the current dichotomous urban structure, modernizing the township economy and enabling its convergence with the much richer urban centers has the potential to unleash significant productivity gains. Breaking out of the current low-level equilibrium however will require a comprehensive and holistic policy agenda, with significant complementarities among the major policy reforms. While the study tells a rich and coherent story about development patterns in South African townships and points to some broad policy directions, its research and analysis will generally need to be deepened before being translated into direct policy action.
Download or read book Society and Culture in the Slave South written by J. William Harris and published by Routledge. This book was released on 2013-02-01 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining established work with that of recent provocative scholarship on the antebellum South, this collection of essays puts students in touch with some of the central debates in this dynamic field. It includes substantial excerpts from the work of Eugene Genovese and Elizabeth Fox-Genovese, who lay out the influential interpretation of the South as a `paternalistic' society and culture, and contributions from more recent scholars who provide dissenting or alternative interpretations of the relations between masters and slaves and men and women. The essays draw on a wide range of disciplines, including economics, psychology and anthropology to investigate the nature of plantation and family life in the South. Explanatory notes guide the reader through each essay and the Editor's introduction places the work in its historiographical context.
Download or read book South Africa s Forgotten Revival written by Olea Nel and published by Xulon Press. This book was released on 2011 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developing Cultures written by Lawrence E. Harrison and published by Routledge. This book was released on 2013-05-13 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Cultures: Essays on Cultural Change is a collection of 21 expert essays on the institutions that transmit cultural values from generation to generation. The essays are an outgrowth of a research project begun by Samuel Huntington and Larry Harrison in their widely discussed book Culture Matters the goal of which is guidelines for cultural change that can accelerate development in the Third World. The essays in this volume cover child rearing, several aspects of education, the world's major religions, the media, political leadership, and development projects. The book is companion volume to Developing Cultures: Case Studies.(0415952808).
Download or read book Literature and Culture in Global Africa written by Tanure Ojaide and published by Taylor & Francis. This book was released on 2017-07-06 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the idea of a ‘Global Africa’, this book examines how African literary and cultural productions have changed due to the social and political influences brought about by increased globalisation. A variety of European theoretical concepts are applied to Africa, demonstrating the universality of the African experience.
Download or read book Annual report written by South Africa. Department of Housing and published by . This book was released on 2000 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cultures of violence written by Ivan Evans and published by Manchester University Press. This book was released on 2013-07-19 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the inherent violence of “race relations” in two important countries that remain iconic expressions of white supremacy in the twentieth century. Cultures of violence does not just reconstruct the era of violence. Instead it convincingly contrasts the “lynch culture” of the American South to the “bureaucratic culture of violence” in South Africa. By contrasting mobs of rope-wielding white Southerners to the gun-toting policemen and administrators who formally defended white supremacy in South Africa, Cultures of violence employs racial killing as an optic for examining the distinctive logic of the racial state in the two contexts. Combining the historian’s eye for detail with the sociologist’s search for overarching claims, the book explores the systemic connections amongst three substantive areas to explain why contrasting traditions of racial violence took such firm root in the American South and South Africa.
