How is Govt going to meet its forced "0% fee hike" promise to South Africa?

President Jacob Zuma was forced into promising South Africa that there will be no hike in university fees next year.

However, Higher Education Minister Blade Nzimande admits he doesn’t know how Government will fund this promise, estimated at R3 billion.

The Money Show’s Bruce Whitfield interviewed Stuart Theobald, Chairman of Intellidex.

Scroll down for quotes from the audio below.

Universities determine fees according to legislation.

Stuart Theobald, Chairman of Intellidex

Without more Government funding to fund this promise, the quality of universities will deteriorate.

Stuart Theobald, Chairman of Intellidex

There should be no financial barrier to going to university.

Stuart Theobald, Chairman of Intellidex

Government funding of universities is a good thing.

Stuart Theobald, Chairman of Intellidex

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