HIGHLEGISLATIONWC SAnews.gov.za
Procurement SuspendedIrregular SpendInvestigation
NSFAS, SIU welcome ruling on student funding payment contracts- ●Western Cape High Court declared NSFAS procurement processes and SLAs with eZaga, Coinvest Africa, Noracco, and Tenet Technology unconstitutional, unlawful, and invalid
- ●Irregularities included improper tender cancellations, non-compliance with procurement requirements, and inadequate internal controls
- ●Judgment reinforces NSFAS's duty to address governance failures and uphold procurement integrity
- ●No evidence of corruption by service providers, but contracts are invalidated
- ●Opportunity for compliant bidders as NSFAS must re-procure student funding payment services
- ●Heightened scrutiny expected on NSFAS procurement processes going forward
20 days agoRead item