Report findings lead Nsfas to cancel its contract of its four service providers
By: Tsakisi Muhlari Twitter: QueenTsakiey Email: tsakisi200@gmail.com Andile Nongogo has been fired as CEO of the National Student Financial Aid Scheme. (Photo: Supplied) NSFAS committee has decided to terminate the contracts of its four direct payment providers assigned to pay allowances to students. Twitter link of media advisory: https://x.com/myNSFAS/status/1714604697145794766?s=20 The Fund reported yesterday that it had adhered to the findings and the recommendations of Werksmans Attorney Tembeka Ngcukaitobi SC on the allegations of irregularities in the funding scheme. They established that the Fund’s CEO Andile Nongogo had actively played a role in choosing companies to disburse allowances to beneficiaries of the R47bn fund. The companies, eZaga Holdings, Coinvest Africa, Norraco Holdings and Tenet Technology, were recruited last year following a tender process. According to the Fund's committee which met last week to consider t...