National Skills Fund

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Minister of Higher Education, Science and Innovation Dr Blade Nzimande has ordered a full-scale forensic investigation into possible maladministration and corruption at the National Skills Fund (NSF).


Those who applied for funding from the National Skills Fund to help pay off student loans so they can obtain their certificates will soon know if they were successful or not, said Minister of Basic Education Angie Motshekga.


Officials have criticised the National Skills Fund for its poor spending practices after reports revealed that expenditure for the 2010/11 financial period was over R600 million, leaving an alarming net surplus of nearly R1.5 billion.


Parliament?s Portfolio Committee on Higher Education has called on the National Skills Fund (NSF) not to spend millions of rands funding service providers who give youth worthless short-term course certificates which don?t help them find jobs.

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