KZN Financial Literacy Association Launches “Know Your Money” / “Yazi Imali Yakho” Newspaper

The KZN Financial Literacy Association (KZNFLA) is publishing the sixth edition of Know Your Money / Yazi Imali Yakho, an accessible bilingual hands-on manual to encourage good money practice among government employees, which is now available.

 

The publication was officially handed over by the Association’s Government Employees Focus Group Leader, Shekhar Mahabeer to Sanoosha Badhul of the Provincial Employee Wellness Practitioners Unit (Office of the Premier) at the KZNFLA Annual General Meeting in Durban.

 The sixth and seventh edition of Know Your Money / Yazi Imali Yakho, comprising two sections, one in English and one is isiZulu, is being published in March and November 2015 respectively.

 

The sixth edition covers topics ranging from pension savings to financing a home; from money and emotions to medical aid; from banking jargon to debt management. The Annual Speech Contest on Finance, which is open to all learners currently completing Grade 11, is also discussed in the paper.

 

Independent journalists, writers, photographers and financial experts have provided high quality, educational and accessible material.

 

The Association distributes a total of 190 000 copies per edition to public servants across KZN and in this year also to some Gauteng departments, as well as to the general public through selected libraries and hospitals around the province. An electronic version of the publication will be available on the KZN and Gauteng Treasury Websites as well as other provincial departments who have requested it.

 

The Association raises financial literacy among public servants, making financial management more accessible, less threatening and easier to understand. The purpose is to improve the ability of government employees to manage their own finances, which will ultimately also have a positive impact on the management of public budgets and assets.

 

KZNFLA Operations Manager, Sipho Ntombela explained the rationale of printing and distributing such a high number of hard copies, “Many employees do not have access to the Internet or even Intranet. And even when they do have access it is unlikely that they will read a publication on financial education during their working hours. The beauty of this product is that employees can take the copies home and share the information with their families.”

 

To ensure that the publication is more interactive and to encourage thorough reading of the newspaper, the publication has a competition running whereby six readers can each win R1000 cash if they answer a question correctly.

 

For more information about the publication contact Christi Naudé at 0828610114

 

***Ends***

 

Caption: Launching the 6th Edition of 'Know Your Money' - an accessible hands-on guide for government employees about managing money - is Sanoosha Badul and Shekhar Mahabeer

 

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