House Chair, Deputy Minister, I am glad that you are open to suggestions as you have just alluded to. Given the huge reserves that the government has and its variety of social responsibility which includes the disbursements of NSFAS grants and as you have mentioned SASSA grants, which attract transactions and service fees.
Would it not strengthen the argument for the state-owned bank that would take the responsibility of disbursing these funds to its beneficiaries and it would save the state money. Also we can assure that we can hold that state bank accountable because government would control that bank? Thank you very much, Chairperson.
The DEPUTY MINISTER OF HIGHER EDUCATION, SCIENCE AND TECHNOLOGY: I
think the debate around the state-owned bank is a debate that is out there which in those platforms, I am willing to engage with he hon member on. But as it relates to this, our responsibility is to disburse money to students efficiently, on time and without any of the stresses. I believe that the current interventions that we have made through the NSFAS have been working perfectly well. Thank you.