President Jacob Zuma. Picture: GCIS
President Jacob Zuma. Picture: GCIS

President Jacob Zuma's foundation has run out of money and cannot pay university fees for students it promised to fund.

The Sunday Times has established that the Jacob G Zuma Foundation admitted this year that it was unable to honour bursaries for at least 30 students.

In a January letter to the University of Zululand, the foundation admitted that 2016 had been a "challenging" year and it would not be able to meet its financial commitments before the end of the year.The Sunday Times also established that bursary students at North-West University were let down by the foundation, with spokesman Louis Jacobs confirming that last year's fees were finally settled only this year for the about half a dozen bursary holders. It is unclear if and how the 2017 bursary holders were affected.

Read the full article in the Sunday Times: Broke Jacob Zuma Foundation dumps university students


Please sign in or register to comment.