South Africa's National Student Financial Aid Scheme is facing a an estimated US$927 million funding shortfall, raising fresh concerns about the sustainability of free higher education. Higher Education Minister Buti Manamela says the gap is being driven by rising demand for financial aid, while government funding has not increased at the same pace. More than 660,000 students have been approved for NSFAS funding this year. Channel Africas economics reporter Innocent Semosa has more

<p>South Africa's National Student Financial Aid Scheme is facing a an estimated US$927 million funding shortfall, raising fresh concerns about the sustainability of free higher education. Higher Education Minister Buti Manamela says the gap is being driven by rising demand for financial aid, while government funding has not increased at the same pace. More than 660,000 students have been approved for NSFAS funding this year. Channel Africas economics reporter Innocent Semosa has more</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>