Content Uploaded by: Lorraine Nzimande

November 4, 2013 by Lorraine Nzimande | 1 Comment
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I happened to come across an opinion piece published in the Business Day, titled ‘People do not want houses, they want Habitats’ by Ricardo Hausmann. Ricardo Hausmann is the director of Harvard’s Centre for International Development and professor of the practice of Economic Development at the Kennedy School of Government. He has also served as Minister of Planning in Venezuela. It has put into great analytical perspective, for me, the link between Housing (the area in which I currently work) and town planning (my academic qualification). The piece is an analysis of low income housing in developing countries, and the impact…

February 8, 2013 by Lorraine Nzimande | 1 Comment
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So what is the big hype about consumer education?  Normally when that topic came up in any article or discussion, I would basically switch off; until recently when I witnessed a situation where I actually thought consumer education could go a long way. My mother takes part in an annual grocery stokvel group in South Africa.  A stokvel is basically a saving scheme where a group of people contribute fixed sums of money to a central fund on a monthly basis. The scheme in which my mother takes part, is run by a local supermarket which allows individuals to save…

May 10, 2012 by Lorraine Nzimande | 1 Comment
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It has been reported in the Business Day today, that the South African Minister of Human Settlements, Tokyo Sexwale, in his Budget Vote delivery in Parliament on the 9th of May 2012, proposed a state owned construction firm. The Minister is quoted to have stated that when houses in the government housing programme are built, the state relies on ‘by and large’ inexperienced shovel, wheelbarrow and bakkie brigades. It is important, however, to note and be critical about how and why these ‘inexperienced shovel, wheelbarrow and bakkie brigades’ are working in the housing construction sector in the first place. The…

February 29, 2012 by Lorraine Nzimande | 1 Comment
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MBD Credit Solutions, in collaboration with Unisa’s Bureau of Market Research (BMR) have released the 2011 4th quarter Consumer Financial Vulnerability Index (CFVI). The South Africa index measures consumer perception and feelings about the four broad financial categories that impact their lives, these being:  income, expenditure, savings and ability to service debt. The Consumer Financial Vulnerability Index was first incepted in 2009 in collaboration with Finmark Trust.  MBD Credit solutions believes that this index is the most accurate way to gauge consumer financial capabilities. The ability to gauge consumer financial capabilities makes for very useful evaluation and planning for numerous…