Creatives finish course

2015-12-15 06:00
Participants of a financial education course were awarded with certificates at a ceremony in Woodstock after they completed the eight-month training. PHOTO: TIYESE JERANJI

Participants of a financial education course were awarded with certificates at a ceremony in Woodstock after they completed the eight-month training. PHOTO: TIYESE JERANJI

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

“I was an actress and made lots of money. My face was even on billboards overseas but all that money I blew away because of poor financial decisions and the reckless relationship I had with my money.”

These are the words of well-known actress Nomhle Mngxekeza, who was among 43 people who received certificates after completing an eight-month course on financial literacy which empowered them to handle their finances.

The award ceremony took place at the Double Tree Hotel in Woodstock. Partners like Senzo Hlophe, a portfolio manager at DG Murray, and Marlene le Roux, CEO of Artscape, attended the event.

Lithala Financial Education, in partnership with the Artscape Resource Centre, has been offering the financial wellness course called “Show Me The Money”. Classes take place at Artscape.

Participants are taught how to make the most of the money they have. Those who attend the course are taught about the credit bureau, loans, credibility and debt among other things so that they make informed decisions.

Mngxekeza says the training changed her life: “This training has taught me to connect with my money. I now know how to grow my money. I have learnt that I can live a debt-free life.

“I don’t have to stress as long as I handle my finances properly.”

Jackson Vuka, another participant, also says learning about financial wellness has been an eye-opener.

“What they taught me is that I’m in control of my money. Most people don’t know how to handle money, that’s why they end up in debt but all that can be avoided and how to avoid debts is what the training teaches us,” he says.

Sakhiwo Rala, co-founder of Lithala Finacial Edication, says this is the most needed training as many people handle money all the time but don’t know how to manage it.

“People don’t really need a lot of money, they just need to know how to handle it. Good financial education will enable people to live life to the fullest without debt. We saw it fit to make a meaningful contribution, especially to artists, and restore their dignity and respect. We started this to empower them to be their own employers,” he says.

V Those who want to attend financial wellness classes can call 021 839 2114.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.