Savings culture in South Africa: A safety net or an empty net?

The importance of savings to secure individuals in the event of uncertainties has been widely acknowledged by South Africans. However, South Africa is still facing a low savings rate compared to other developing countries. The purpose of this study is to investigate the factors that inhibit South Africans from having a culture of saving. Specifically, using a convergent parallel mixed methods approach, the study examined the determinants of the savings rate and explored the view of households on the important factors that cause a low savings rate. The data for the quantitative component employed a merged data set from the National Income Dynamic Survey 2018 and 47 individuals were consulted in qualitative interviews. The results of the quantitative approach provided evidence to suggest that high income, being employed and the highest levels of education are associated with higher savings. Larger household size and older age are associated with lower savings. Females are better at saving than males and the widowed are better at saving than married, single and cohabiting households. From the qualitative thematic analysis, the important factors that cause the low savings rate among households were identified as insufficient income to allow savings, their lack of discipline in managing their spend and the effects arising as a result of black tax repercussions. The study made the following recommendations to ensure that the savings culture in South Africa provides a safety net: entrepreneurial skills training to augment the budgets of low-income earners; financial literacy to be part of the curriculum in schools from the Foundation Phase; mandatory financial training for new employees coupled with incentives for organisations that participate in these initiatives; and innovative savings programmes targeting low-income earners from financial institutions. Finally, it was recommended that the South African Savings Institute collaborates with the Services Sector Education and Training Authority to develop training manuals that could be distributed to organisations

Photophysical properties of zinc carboxy phthalocyanines-quantum dot conjugates

This thesis presents work based on the interactions of water soluble caboxylated zinc phthalocyanines (Pcs) and coreshell quantum dots (QDs). The Pcs are ZnPc(COOH)₈ and ZnPc(COOH)₄ and coreshell QDs are CdTe@ZnS-GSH. GSH = L-glutathione. Characterization and photophysical studies of conjugates were carried out. The approach of coordinating Pcs to QDs was achieved using an organic cross linker, N-N’-dicyclohexylcarbodiimide (DCC) at pH 10 at room temperature. Employing atomic force microscopy (AFM), transmission electron microscopy (TEM), X-ray diffraction (XRD), Raman, infrared and X-ray photoelectron spectroscopies, the formation of the conjugates was confirmed. Upon conjugation with Pc derivatives, the fluorescence quantum yield of CdTe@ZnS-GSH decreased due to energy transfer from the QDs to the Pc. The average fluorescence lifetime of the CdTe@ZnS-GSH QD also decreased upon conjugation. The föster resonance energy transfer (FRET) behaviour of CdTe@ZnS-GSH-ZnPc(COOH)₄ conjugates was compared to that of CdTe@ZnS-GSH-ZnPc(COOH)₈. Higher FRET efficiencies were observed for CdTe@ZnS-GSH-ZnPc(COOH)₄-mixed or CdTe@ZnS-GSH-ZnPc(COOH)₄-linked compared to the corresponding CdTe@ZnS-GSH-ZnPc(COOH)₈-mixed or CdTe@ZnS-GSH-ZnPc(COOH)₈-linked. Triplet quantum yield (ΦT) and lifetime (ΤT) of ZnPc(COOH)₈ were found to increase in the presence of coreshell QDs. Though the singlet quantum yield (ΦΔ) value of ZnPc(COOH)8 was lower than ΦT , there was a slight upsurge in the ΦT in the presence of QDs.Microsoft� Word 2010Adobe Acrobat 9.53 Paper Capture Plug-i

Nonlinear optical behavior of lanthanide phthalocyanines and their conjugates with a selection of nanomaterials

This thesis presents novel asymmetrical and symmetrical lanthanide phthalocyanines (Pcs) characterized using a number techniques including proton nuclear magnetic resonance, electron spin resonance, time correlated single photon counting, FTIR spectrometry, MALDI-TOF mass spectrometry, UV-Vis spectrometry, Raman spectroscopy and CHNS elemental analysis. The design of theses lanthanide Pcs takes the form of mononuclear, binuclear, trinuclear, bis- and tris(phthalocyanines). Nanomaterials such as zinc oxide nanoparticles (ZnO NPs), multi-walled carbon nanotubes (MWCNTs) and graphene oxide nanosheets (GONS) (oxidized and reduced) were employed for covalent linkage to mono- and binuclear phthalocyanines as conjugates. Transmission electron microscopy was used to characterize ZnO NPs, MWCNTs and GONS alone and when linked to lanthanide Pcs. Lanthanide Pcs alone and when linked to ZnO NPs, MWCNTs and GONS where embedded in polymers such as poly (methyl methacrylate) (PMMA), poly (bisphenol A carbonate) (PBC) and poly (acrylic acid) (PAA) for thin film preparation. The thickness of the thin films was determined by utilization of the knife edge attachment of the A Bruker D8 Discover X-ray diffraction (XRD). Optical limiting properties of lanthanide Pcs alone and as conjugates in solution and when incorporated into polymers were determined by employing a Z-scan technique. It emerged that low symmetry lanthanide Pcs (19, 20 and 21), the blue forms of bis(phthalocyanines) (only in solution; 24 and 28) as well as tris(phthalocyanines) (30 and 31) exhibit low limiting threshold (Ilim) values in solution and thin films (particularly PBC and PAA). The low limiting threshold values make these lanthanide Pcs reliable optical limiters

Optical limiting response of multi-walled carbon nanotube-phthalocyanine nanocomposite in solution and when in poly (acrylic acid)

Bis{23-(3,4-di-yloxybenzoic acid)-(2(3), 9(10), 16(17), 23(24)-(hexakis-pyridin-3-yloxy phthalocyaninato)} dineodymium (III) acetate (3) is linked to amino-functionalized multi-walled carbon nanotubes (MWCNT) to form 3-MWCNT. Z-scan technique was employed to experimentally determine the nonlinear absorption coefficient from the open-aperture data. The limiting threshold values as low as 0.045 J cm−2 were found in solution. The conjugate (3-MWCNT) gave better optical limiting behavior than complex 3 alone

Optical nonlinearities and photophysicochemical behaviour of green and blue forms of lutetium bisphthalocyanines

A rare earth sandwich-type phthalocyanine: bis-{2,3,9,10,16,17,23,24-octa(4-tert-butylphenoxy) phthalocyaninato} lutetium(III) has been synthesized. The photophysical and nonlinear optical behavior of both the “green” and “blue” forms ([LuIIIPc2] and [LuIIIPc2]−, respectively) of the complex have been investigated. High triplet state and singlet oxygen quantum yield values were obtained for the neutral blue form which contains no unpaired electrons. Relatively high third order susceptibility and hyperpolarizability values of the order of 10−10 and 10−28 esu were obtained for both the green and blue forms, respectively. A very low threshold intensity of 0.00051 J cm−2 was obtained for the blue form. Hence the complex shows promise for non-linear optical applications.Original publication is available at http://dx.doi.org/10.1039/C4TC00505

The nonlinear absorption in new lanthanide double decker pyridine-based phthalocyanines in solution and thin films

The optical behavior of bis-{2(3), 9(10), 16(17), 23(24)-(tetrapyridin-4-yloxy phthalocyaninato)} lanthanum (III) (2) and its ytterbium (3) counterpart in dimethyl sulfoxide are presented and compared to bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-4-yloxy phthalocyaninato)} ytterbium (III) (4). We report on the third-order susceptibility, second-order hyperpolarizability and the limiting threshold values. The nonlinear optical limiting threshold values of complexes 2, 3 and 4 showed improvement in the solid state (thin films), with complex 4 giving the best value at 0.033 J cm−2

Synthesis of ytterbium bisphthalocyanines

Herein we report on the syntheses, photophysico-chemical properties and nonlinear absorption parameters of bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-2-yloxy phthalocyaninato)} ytterbium (III) (3) and bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-4-yloxy phthalocyaninato)} ytterbium (III) (4). The fluorescence and singlet oxygen quantum yields obtained for complexes 3 and 4 are low. The triplet quantum yield obtained for complex 3 is high at ΦT = 0.89 whereas for complex 4 ΦT = 0.48. The third order optical susceptibility values are of the order: 10−11 esu (for complex 3), and 10−13 esu (for complex 4) while the hyperpolarizability values are of the order: 10−28 esu (for complex 3) and 10−31 esu (for complex 4). Complexes 3 and 4 show two-photon absorption coefficients of the order of 10−46 cm4 s/photon and 10−48 cm4 s/photon, and threshold intensities as low as 0.3 J cm−2 and 0.0045 J cm−2, respectively

The optical limiting of blue and green ytterbium double-decker phthalocyanines in solution and in poly (acrylic acid) as thin films

Bis{1(4), 8(11), 15(18), 22(25)-tetra(4-tert-butylphenoxy)phthalocyaninato} ytterbium(III) (2a) (the green form) was synthesized and reduced to form 2b (the blue form). Nonlinear optical parameters for complex 2 in green and blue forms were determined using the Z-scan technique and the values of third-order imaginary susceptibility (Im[χ(3)]) and second-order hyperpolarizability (γ) of the order of 10−9 (for 2b) and 10−27 esu, respectively, were obtained in solution. In poly(acrylic acid) as a thin film, complex 2a showed extremely high Im[χ(3)] and γ values of the order 10−8 and 10−25 respectively. A low optical limiting threshold value of 0.075 J cm−2 was obtained for the thin film 2a

Synthesis of ytterbium bisphthalocyanines

Herein we report on the syntheses, photophysico-chemical properties and nonlinear absorption parameters of bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-2-yloxy phthalocyaninato)} ytterbium (III) (3) and bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-4-yloxy phthalocyaninato)} ytterbium (III) (4). The fluorescence and singlet oxygen quantum yields obtained for complexes 3 and 4 are low. The triplet quantum yield obtained for complex 3 is high at ΦT = 0.89 whereas for complex 4 ΦT = 0.48. The third order optical susceptibility values are of the order: 10−11 esu (for complex 3), and 10−13 esu (for complex 4) while the hyperpolarizability values are of the order: 10−28 esu (for complex 3) and 10−31 esu (for complex 4). Complexes 3 and 4 show two-photon absorption coefficients of the order of 10−46 cm4 s/photon and 10−48 cm4 s/photon, and threshold intensities as low as 0.3 J cm−2 and 0.0045 J cm−2, respectively

The nonlinear absorption in new lanthanide double decker pyridine-based phthalocyanines in solution and thin films

The optical behavior of bis-{2(3), 9(10), 16(17), 23(24)-(tetrapyridin-4-yloxy phthalocyaninato)} lanthanum (III) (2) and its ytterbium (3) counterpart in dimethyl sulfoxide are presented and compared to bis-{1(4), 8(11), 15(18), 22(25)-(tetrapyridin-4-yloxy phthalocyaninato)} ytterbium (III) (4). We report on the third-order susceptibility, second-order hyperpolarizability and the limiting threshold values. The nonlinear optical limiting threshold values of complexes 2, 3 and 4 showed improvement in the solid state (thin films), with complex 4 giving the best value at 0.033 J cm−2