NSFAS CEO Steven Zwane has been fired


The National Student Financial Aid Scheme (Nsfas) suspended CEO Steven Zwane has been fired on the first day of his disciplinary hearing into maladministration accusations.

“Following the first day of his disciplinary hearing, Steven Zwane and the National Student Financial Aid Scheme (Nsfas) concluded a termination agreement. Zwane’s employment as Executive Officer of Nsfas ended on October 02, 2018. All other aspects of the termination agreement are confidential on both parties,” said Nsfas spokesperson Kagisho Mamabolo on Friday.

Zwane was suspended 10 months after he was appointed to the post, for maladministration accusations against him by the student funding scheme.

His suspension was to ensure fairness of the investigations into the accusations, said Nsfas.

“The Nsfas administrator, Dr Randall Carolissen, is in the process of reviewing governance at Nsfas. This is in line with the ministerial mandate to oversee the management, governance, and administration of the entity. This includes all necessary forensic and other investigations currently underway,” Nsfas said.

South African Students’ Congress (Sasco) last month called on Higher Education and Training Minister Naledi Pandor to fire Zwane for “inefficiencies and lack of leadership” after Nsfas halted 2019 applications that were suppose to begin on August 1 due to payment backlogs from 2017 and 2018.

Sizwe Nxasana resigned in August as Nsfas chairperson and confessed that the student funding scheme payments system is struggling after former president Jacob Zuma announced last December that students from poor families would receive free higher education.