'Treasury is working on finding money for free education'

There are still many questions surrounding how government will fund free higher education for for poor and working class students.

Treasury spokesperson, Mayihlome Tshwete says that at present they do not know how this will be funded, but it is something they are working on.

READ: JZ's free education plan in line with task team's proposal - Higher Education DG

If there is a question that is asking, its the an amount in terms of billions that's ready to be paid now for free education the answer would simply be no.

Mayihlome Tshwete, Treasury spokesperson

What we do have are committees and teams that are tasked with the responsibility of looking at expenditure of governement and revenue management to make sure the priorities of government are locating the necessary that they need.

Mayihlome Tshwete, Treasury spokesperson

Tshwete says that once they have sorted things out, the budget will be made public during the budget speech in February.

Listen to the full conversation below:

READ: NSFAS: We need more clarity on free education funding

Kagisho Mamabolo, National Student Financial Aid Scheme (NSFAS) spokesperson, says that the free education policy has changed things up for them.

One thing that is important to note is that students can have access to NSFAS funding only after they have applied and been admitted to a higher education institution.

Listen to the full conversation below:


This article first appeared on CapeTalk : 'Treasury is working on finding money for free education'


Recommended

by NEWSROOM AI
Read More
Wits Nehawu members down tools over salaries

Wits Nehawu members down tools over salaries

Nehawu Wits acting secretary Tumisho Madihlaba says negotiations with management deadlocked resulting in a strike.

ConCourt upholds UFS decision to switch language policy to English

ConCourt upholds UFS decision to switch language policy to English

The Constitutional Court has ruled on the language policy at the University of the Free State.

'Large groups of students wont be affected by UCT fee increase'

'Large groups of students wont be affected by UCT fee increase'

Prof Daya Reddy Acting Vice Chancellor at UCT explains how their fees increase will be implemented.

'Universities graduating thousands of unemployable and under-educated graduates'

'Universities graduating thousands of unemployable and under-educated graduates'

Nomalanga Mkhize, a lecturer at Rhodes University, says most universities are graduating thousands of unemployable graduates.

NSFAS: We need more clarity on free education funding

NSFAS: We need more clarity on free education funding

Sizwe Nxasana Chairperson of NSFASs says while the free education announcement is welcome, it needs to be interrogated.

May the Fourth be with you, a celebration of Star Wars Day

May the Fourth be with you, a celebration of Star Wars Day

May 4 marks "May the Fourth be with you," Day celebrated by fans George Lucas' fans of his Star Wars global movie franchise.

Popular articles
Thandeka Gqubule prepared to fight EFF to the end

Thandeka Gqubule prepared to fight EFF to the end

SABC Journalist and part of the SABC 8 Thandeka Gqubule says she has not had any communication from the EFF.

[LISTEN] 'If you accuse, you must present some sort of preliminary evidence'

[LISTEN] 'If you accuse, you must present some sort of preliminary evidence'

Laywer Tebogo Malatji gives an update on Wednesday's meeting between Minster Pravin Gordhan and PP Busisiwe Mkhwebane.

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

South Africa has a brand-new bank! The Money Show’s Bruce Whitfield interviews Adrian Gore, Discovery Group CEO.

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Mashaba posted a picture of a man pushing a trolly full of cow heads saying that he had him arrested for an "illegal act".

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

SA is falling in love with Telkom Mobile (6.5m users, 50% up on 6 months ago)

The Money Show’s Bruce Whitfield interviews Telkom Group CEO Sipho Maseko.

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

Self-driving Merc returns to Chapman’s Peak to beat the bends in stirring new ad

The Money Show’s Bruce Whitfield interviews branding and advertising expert Andy Rice about Merc's stirring new ad.

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

The Money Show’s Bruce Whitfield interviews Rain CEO Willem Roos for his weekly “ShapeShifter” feature.

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

VAT at 17%... yoh! Bruce Whitfield interviews Lee Kasumba, who is exploring Mozambique’s central port city of Beira.