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Nzimande appoints former CEO of SA Institute of Chartered Accountants as NSFAS administrator

Prega Govender

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Blade Nzimande dissolved the NSFAS board with immediate effect on Thursday. (Papi Morake/Gallo Images)

Blade Nzimande dissolved the NSFAS board with immediate effect on Thursday. (Papi Morake/Gallo Images)

Higher Education Minister Blade Nzimande appointed Freeman Nomvalo, the former CEO of the South African Institute of Chartered Accountants, as the administrator of the National Student Financial Aid Scheme (NSFAS).

It comes after Nzimande dissolved the NSFAS board with immediate effect on Thursday and placed the entity under administration.

He is expected to convene a "special media briefing" on Sunday to "explain the rationale for dissolving the NSFAS board".

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