The Minister of Higher Education, Blade Nzimande, has slammed the Educor group for inaction after the group’s Damelin, CityVarsity, Icesa City Campus and Lyceum colleges were deregistered by the department last week.
In a Government Gazette published on 22 March, the Department announced the deregistration of the Educor-owned institutions because the group did not provide the required audited financial statements for the annual reports of 2021 and 2022 – a contravention of theThis is not the first time that Educor failed to submit its financial reports.
“This is the worst sin that can be committed by an education institution – public or private,” he added. Additionally, Nzimande said that the group had been “misleading” regarding its enrolment figures, claiming to have 50,000 students across four institutions; however, figures indicate that this sits at just over 13,000 in reality.
The minister said that with the information at his disposal, it would be “unconscionable” to maintain the registration status of these four private institutions and allow his department to become complicit in “gross governance and compliance failures”.
Education Education Latest News, Education Education Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheSAnews - 🏆 25. / 59 Read more »
Source: allafrica - 🏆 1. / 99 Read more »