Make Money Mondays

National Student Financial Aid Scheme's Sizwe Nxasana opens up about money

My earliest memory of money was working in the gardens of white suburbs when I was in primary school.

Sizwe Nxasana, NSFAS

You can’t just live off your parents!

Sizwe Nxasana, NSFAS

Last year I started five new businesses; putting a lot of my family’s finances at risk.

Sizwe Nxasana, NSFAS

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money (hopes and fears, successes and failures, etc.) as part of his weekly “Make Money Mondays” feature.

This week Whitfield interviewed National Student Financial Aid Scheme (NSFAS) Chairperson Sizwe Nxasana.

Nxasana used to be the FirstRand Group’s Chief Executive before Higher Education and Training Minister Blade Nzimande appointed him in his current position.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

My family comes from the Underberg [KZN] area.

Sizwe Nxasana, NSFAS

We found manuscripts going back to the 1600s talking about my family.

Sizwe Nxasana, NSFAS

Around the 1860s our family was moved to an area far less arable.

Sizwe Nxasana, NSFAS

We have title deeds going back to 1892.

Sizwe Nxasana, NSFAS

My great-grandfather was a money lender. We still have the journals that he kept!

Sizwe Nxasana, NSFAS

My very first job was at Unilever.

Sizwe Nxasana, NSFAS

Before you go to the bank; you’ve got to use some of your own money.

Sizwe Nxasana, NSFAS

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Article brought to us by Old Mutual.

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