R112 million in NSFAS payments recovered following SIU investigation

SOUTH AFRICA – Deputy Minister of Higher Education and Training, Dr. Mimmy Gondwe, has commended the successful recovery of R112 million in irregular payments from the National Student Financial Aid Scheme (NSFAS). The recovery follows investigations by the Special Investigating Unit (SIU), which identified funds disbursed to ineligible recipients. The Department of Higher Education and…

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Minister Macpherson reveals national public works lost r300 million to cyber crime

SOUTH AFRICA – Cyber thieves have reportedly stolen R300 million from the national Department of Public Works and Infrastructure. According to Minister Dean Macpherson, the department has fallen victim to cyber criminals over the past decade, resulting in theft totalling at least R300 million. In a statement issued by the department on Wednesday, July 10,…

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Operation Vulindlela conference maps out next phase of economic reforms

– The Presidency and National Treasury, in partnership with the Southern Africa Towards Inclusive Economic Development (SA-TIED) programme, hosted a significant two-day conference on June 26 and June 27, 2024 that focused on Operation Vulindlela (OV). This initiative established in 2020, aims to accelerate economic reforms for South Africa’s growth. The conference themed “Building Momentum…

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