http://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Absa|Education|Financial|Health|National Education, Health And Allied Workers’ Union|NSFAS|South African Union Of Students|Standard Bank|System|Training|Banking|Jacob Zuma|Naledi Pandor
Education|Financial|Health|System|Training||
absa|education-company|financial|health|national-education-health-and-allied-workers-union-company|nsfas|south-african-union-of-students|standard-bank|system|training|banking|jacob-zuma|naledi-pandor
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by

Close

Article Enquiry

Nxasana had no intention of fixing student fund - Nehawu

Verification Image. Please refresh the page if you cannot see this image.
Close

Embed Video

Nxasana had no intention of fixing student fund - Nehawu

10th August 2018

By: African News Agency

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The National Education, Health and Allied Workers’ Union (Nehawu) has welcomed the resignation of board chairman of the National Student Financial Aid Scheme (Nsfas) Sizwe Nxasana, saying it was opposed to his appointment three years ago.

Nxasana announced his resignation on Thursday, amidst increasing calls for him to step down.

Advertisement

Nehawu said it had been proven right in its stance against the former banking executive, accusing him of trying to increase state funding into NSFAS in order to establish an alternative student funding scheme called Ikusasa Student Funding Programme (ISFAP).

"The ISFAPS is an initiative of Nxasana meant to swallow NSFAS through a partnership with South African leading banks, namely Absa and Standard Bank," it said. charging that Nxasana never had any intention of fixing the struggling NSFAS.

Advertisement

"He did not even fundraise a single cent but operated with the funds from the department of higher education and training," it said.

Nxasana said the NSFAS payments system had come under extreme strain after then-president Jacob Zuma announced last December that students from poor families would receive free higher education.

"Him blaming the announcement of fee free education last year ... is simply lame and an attempt at cheap politics,” Nehawu said.

Higher Education and Training Minister Naledi Pandor said she had “sadly" accepted Nxasana's resignation and thanked him for what she called his outstanding leadership and contribution to NSFAS.

Earlier this week, the South African Union of Students (Saus) said Nxasana had failed to turn around the fortunes of the institution.

Saus said it was campaigning for the dissolution of the current NSFAS board over a string of problems which saw thousands of students not receiving their financial aid, dating back to 2016.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close