TimesLIVE reports that the board of the National Student Financial Aid Scheme (Nsfas) wrote to the organisation’s CEO, Andile Nongogo, on Tuesday to grant him an opportunity to indicate why his contract should not be terminated.

This followed the release of a damning report by law firm Werksmans Attorneys and advocate Tembeka Ngcukaitobi, who were tasked to conduct an investigation into allegations of irregularities involving a tender awarded to four companies to pay allowances to students. Board chair Ernest Khosa indicated they would advise the four companies, namely eZaga Holdings, Coinvest Africa, Norraco Holdings and Tenet Technology, that their contracts would be terminated, although the board would “ensure that this termination does not affect the students negatively.” He pointed out no feasibility study was conducted before the implementation of the direct payment system, “particularly the justification of the appointment of the four service providers”. Khosa added that they had met Higher Education Minister Blade Nzimande on Tuesday to brief him on the outcomes of the investigations.

• Read the full original of the report in the above regard by Prega Govender at BusinessLive
• Read too, NSFAS CEO’s contract in question after damning investigation, at The Citizen

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