Johnathan Paoli
Higher Education Minister Blade Nzimande has praised the provision of government funding to the education sector “as above global standards” and said despite challenges, namely late applications and outstanding Nsfas disbursement, the country’s tertiary education institutions were ready for the 2024 academic year.
Minister Nzimande gave an update on Tuesday afternoon at the Ronnie Mamoepa Media Centre in Hatfield, Pretoria on the state of readiness for institutions of higher learning following the release of matric results, and said that the country was currently spending at least 7% of the country’s GDP on education, which is a percentage higher than what was recommended.
The minister said this was evidence of the government’s commitment to equal access to education for all South Africans.
“We are above international norms on expenditure and percentage-wise, even exceed or proportionately, the expenditure of BRICS countries as well as the average for the Organization for
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