Displaying items by tag: financial

Higher Education and Training Minister, Dr Blade Nzimande, says the department is not in a financial position to be able to support institutions to clear all the debt of fee-paying students.

The National Student Financial Aid Scheme (NSFAS) has unfunded 5 000 students for the 2020 academic year, after an audit found that their household family income was above the R350 000 threshold.

A Statistics South Africa (Stats SA) survey has revealed that 8.1% of its respondents lost jobs or closed businesses as a consequence of the COVID-19 outbreak.

Government has set aside R16.4 billion to repay guaranteed debt for the struggling airline SAA, the National Treasury said on Wednesday.

Government will over the next three years attempt to reduce the public sector wage bill by R160 billion, Finance Minister Tito Mboweni said on Wednesday.

Small Business Development Minister Lindiwe Zulu has urged young people to recommit themselves to the historic task of being agents of change and lead the reconstruction as well as the development of the country.

It is of utmost importance to have a financial sector that serves all South Africans, says Finance Minister Nhlanhla Nene.

Higher Education and Training Minister Dr Blade Nzimande has welcomed the swift action taken by the University of Johannesburg (UJ) over alleged fraud by two senior council members. 

Refilwe Ledwaba grew up as one of seven siblings in a single-parent household in Limpopo.

The National Student Financial Aid Scheme (NSFAS) has urged students, who received funding, to sign their Loan Agreement Forms (LAFs) to avoid funding retraction.