The CEO of the National Student Financial Aid Scheme (NSFAS), Steven Zwane, has resigned on the first day of his disciplinary hearing.
On Friday, NSFAS said in a statement that a “termination agreement” had been reached between Zwane and his employer.
His term came to an end on October 2, the organisation said.
The South African Students’ Congress (Sasco) called on Higher Education and Training Minister Naledi Pandor to fire Zwane over “inefficiencies and lack of leadership” after NSFAS halted 2019 applications that were expected to commence on August 1 due to payment backlogs from 2017 and 2018.
In July, the National Health and Education Workers’ Union also called for Zwane’s head as well as that of Sizwe Nxasana, claiming that Zwane — a former chief operating officer at Barclays Africa — was hired illegitimately. The union accused Zwane of nepotism and demanded his resignation.