Financial literacy and inclusion for rural agrarian change and sustainable livelihood in the Eastern Cape, South Africa

The determinants of the financial inclusion of Indonesian female entrepreneurs

“…Equally, Affandi and Malik (2020) and Irman et al (2021) affirm this positive association based on their investigations in Pakistan and Indonesia, respectively. Additionally, studies conducted on Indonesians, Ugandans, and South Africans by Goenadi et al (2022), Kasozi and Makina (2021), and Akande et al (2023) support this evidence. Based on this evidence, this study formulates the first hypothesis like this: H1: Financial literacy positively influences its inclusion.…”

“…However, their study result is still contrary. In their research, Affandi and Malik (2020), Bongomin et al (2020), Kasozi and Makina (2021), Irman et al (2021), Goenadi et al (2022), andAkande et al (2023) demonstrate a positive tendency. Conversely, Liu et al (2021) exhibit a negative propensity, and Arafat and Leon (2020) do not prove this effect.…”

“…In its report, the Presidential Advisory Council on Financial Literacy explains this literacy as the capability to utilize information and skills to organize financial resources effectively for achieving economic wellness (Akande et al, 2023). After employing poor Ugandans in rural areas as the samples and analyzing their data, Bongomin et al (2020) conclude that the more literate the people, the more significant their financial inclusion.…”

“…Generally, numerous studies try to associate financial inclusion with literacy, where literacy becomes its determinant. They come from Indonesia (Arafat & Leon, 2020;Goenadi, Murhadi, & Ernawati, 2022;Irman, Budiyanto, & Suwitho, 2021), Pakistan (Affandi & Malik, 2020;Liu et al, 2021), Uganda (Bongomin, Ntayi, & Malinga, 2020;Kasozi & Makina, 2021), and South Africa (Akande, Hosu, Kabiti, Ndhleve, & Garidzirai, 2023).…”

The Dynamics Of Financial Literacy And Accounting Literacy In Coastal Communities

“…On the other hand, accounting literacy emphasises understanding more specific accounting concepts, including transaction recording, preparation of financial statements, and interpreting financial information. The connection between financial and accounting literacy becomes evident when coastal communities can relate these concepts to their daily activities, such as managing fishermen's catches, tracking operational costs, or planning for unpredictable weather and changes in fish populations (Akande et al, 2023). A lack of financial and accounting literacy among coastal communities can pose severe challenges in managing diverse and unpredictable economic resources.…”