Today's Labour News

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nsfasHeraldLive reports that more than 3,000 Eastern Cape government employees owe the National Student Financial Aid Scheme (NSFAS) more than R60-million in unpaid study loans.  

According to the NSFAS, the 3,138 debtors work in various government departments across the province and owe the scheme just over R61-million.  NSFAS spokesman Kagisho Mamabolo said, in total, 24,470 former students from the Eastern Cape accounted for R750-million of the staggering R6.1-billion owed nationally as of March last year.  There are about 240,000 NSFAS debtors nationally and of the estimated 190,000 who have been traced by the SA Revenue Service (SARS), 81,000 are employed by the government.  As a result of the massive amount of money it is owed, the NSFAS last month began a new debt recovery campaign to approach the employers of debtors to recover outstanding loans.

  • Read this report by Aretha Linden in full at HeraldLive

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