10 ideas for reviving the economy and reducing SA’s dire inequality
ArchivesFinanceLatest newsUniversity of the Witwatersrand September 11, 2018
Few dispute that the South African economy is in serious trouble but how do we fix it? Millions of citizens, especially women, continue to live in abject poverty; unemployment rates and inequality levels are among the highest in the world and economic growth continues to be extremely low. These... Read more
Inyathelo-Tshwane University R64 Million funding success story
ArchivesFinanceLatest newsTshwane University of Technology August 22, 2018
Tshwane University of Technology (TUT) has quadrupled its donor income in five years to R64,9 million in 2017, grown the number of fundraising and development staff from six to eleven, and compiled a huge alumni database of more than 150 000 people. These are just some achievements of a visionary... Read more
Emerging business on fast track to success
FinanceLatest news August 3, 2017
A project to support 1 000 co-operative enterprises, backed by R163 million in funding from the NSF, is putting emerging businesses on the fast track to success and sustainability. The project to develop and sustain these co-operatives has led to numerous new business opportunities not otherwise available to them.... Read more
NSFAS 2018 applications open today
Finance August 1, 2017
The National Student Finance Assistance Scheme (NSFAS) will open for applications for funding for 2018 on 1 August 2017. The scheme, which was first known as the Tertiary Education Fund of South Africa (TEFSA) and a fund of just R25 million, celebrated its 25th year of operations in 2016... Read more
The National Skills Fund Bursaries
FinanceLatest news August 1, 2017
Do you know that there is a great skills shortage within South Africa! The NSF provides bursaries yearly to aid in closing this gap. The bursaries they provide will all fall under the ‘Scarce Skills Development’ plan. The aim is to increase the number of skilled workers to stabilize... Read more
Close to a billion rand for students through NSFAS bursaries
ArchivesFinanceLatest news July 31, 2017
The Department of Higher Education and Training (DHET), through the National Skills Fund (NSF), has been able to open the doors of learning to more than 15 000 academically deserving students. This was achieved by the disbursement of more than R1 billion in bursaries through the National Student Financial... Read more
R2bn funds on the cards for youth
ArchivesFinanceLatest news July 26, 2017
The National Youth Development Agency (NYDA) aims to raise R2bn in funds for youth, through a Youth Fund and Skills Fund. With aims to raise a minimum of R1bn per fund, the Youth Fund would be raised through government and private to pledges, and used to fund youth owned... Read more
As part of its strategy to provide dealers and customers with innovative finance products, Ford Credit South Africa has launched its new Graduate Purchase Programme that gives eligible graduates a discount of five percent off the purchase price of a new Ford, plus a preferential interest rate that will... Read more
Funding of R8.7 million for skills development in manufacturing and teacher training signed over to UFS
ArchivesFinanceLatest newsUniversitiesUniversity of the Free State July 5, 2017
The MerSETA (Skills and Training Authority for Manufacturing, Engineering and Related Industries) signed a Memorandum of Agreement (MOA) with the University of the Free State (UFS) for a grant of approximately R8.7million on 14 June 2017, which will be disbursed over a three-year period. UFS seeks to bridge the skills gap... Read more
Absa helps Wits students prosper
ArchivesFinanceLatest newsUniversitiesUniversity of the Witwatersrand July 5, 2017
Absa Bank has donated over R15m to Wits University in aid of student funding. On Friday, 9 June 2017, representatives from Absa’s Scholarship Programme handed over a cheque to Wits to give academically talented but financially inhibited students an opportunity to study with less financial burdens. The donation enabled... Read more
