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Sizwe Nxasana has resigned as chairperson and member of the board of the National Student Financial Aid Scheme (NFSAS).

The businessman admitted in a statement that the last few years at NFSAS have been extremely challenging.

He said funding obligations have increased, placing strain on systems and processes.

“While the last few years have been extremely challenging, I am grateful for the opportunity to have been able to immerse myself in education and contribute to finding sustainable solutions for the higher education sector. I am passionate about helping our youth access education and want to recognise the many thousands of students whose success inspire all of us and give us hope for the future,” he said.

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Tweeps however weren’t taking his resignation lying down, as they claimed black professionals like himself are the problem when it comes to uplifting their African counterparts;


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