In the world of government programmes, there is a notion of benefit creep — once you open the door, it just keeps getting wider and wider.
Then came the #FeesMustFall protests, and a national crisis of sorts, and the programme was re-examined in detail. Policy proposals were proposed by the Heher commission, which recommended an extension of the loan system, but maintaining essentially a loan programme. Those proposals were dumped, and the scheme was opportunistically grabbed by former president Jacob Zuma’s administration, in a crisis at the time, and it was considerably extended.
South Africans, it is probably fair to say, feel mostly enthused by this development. Funding university education seems like such a progressive step toward rectifying the country. It was, after all, one of the demands of the Freedom Charter and free education was for years one of the promises made by the ANC government.
NSFAS, through consultations with relevant stakeholders, redesigned its processes to ensure that accurate payments to students and universities happen timeously.A decision was therefore made that NSFAS-funded students should receive their allowances through their bank accounts, directly from academic institutions.We believe students are responsible and should be treated with dignity. We cannot restrict students to buy or spend their allowances where we think it will be convenient for them.
Is ramaphosa and motsepe they want to remove vouchers with tymebank bcoz the are not benefits in vouchers this two people are nsfas capturing South African YolzYako sabcnews SAfmnews
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Business Maverick: Banks Entice South African Millennials With Rap, Free FoodFrom free burgers and ride-hailing services to hip-hop concerts and discounted gasoline: South African banks are going all out to win customers as competition hots up.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: China’s Xi Defends Belt and Road, Vows `Zero Tolerance’ of GraftChinese President Xi Jinping pledged to clean up his signature Belt and Road infrastructure program amid criticism the policy is indebting poorer nations and making them dependent on Beijing. What does Africa have to ensure its own economic growth and development? Is the _AfricanUnion implementing any plans that were last agreed on especially self-sustainability, free trade zone, strengthening of regional economic blocks, monetizing of Sports & Culture
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Friday April 26: Five Things You Need to Know to Start Your DayU.S.-China trade talks circle around pharma, Tesla’s quarter proved to be one of the “top debacles” in 20 years of tech, and Joe Biden throws his hat in the presidential ring. Here are some of this morning’s key stories.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Cosatu Urges Mboweni to Take His Own Advice and RetireSouth Africa’s largest labor federation wants Finance Minister Tito Mboweni to practise what he preaches and retire. That may not be because he’s too old, but rather that they just don’t like him. They never liked him ,when he was a minister of labor they used to have lot of issues
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Wednesday April 24: Five Things You Need to Know to Start Your DayTwitter helps stocks fly to a record high, Netflix returns to the junk bond market and Islamic State claims responsibility for the deadly attacks in Sri Lanka. Here are some of this morning’s key stories.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Gold worth billions smuggled out of AfricaBillions of dollars' worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – Reuters analysis has found. David Lewis, Ryan McNeill and Zandi Shabalala report on the extraordinary and rising problem of gold smuggling out of Africa. It used to be called 'artisanal'. Now its big business.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Competition watchdog names and shames MTN, Vodacom for high data pricesThe Competition Commission’s provisional report on the cost of mobile data in South Africa has confirmed what many people have long suspected.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: UBS Picks Ramaphoria 2.0 Stocks Portfolio for S. African BetA South African election outcome that sees the ruling party win 55-60 percent of the vote could boost shares in banks and insurers, retailers, locally focused industrial companies, property firms and telcos, according to UBS Group AG.
Source: dailymaverick - 🏆 3. / 84 Read more »