NSFAS, social grants likely to disappear should ANC lose power - Ramaphosa

JOHANNESBURG - As the country draws closer to election day, African National Congress (ANC) President Cyril Ramaphosa says the electorate should bare in mind that the country might change for the worst should the ANC lose power.

Ramaphosa was speaking in Mbombela on Monday, where the party held a cake cutting ceremony to celebrate its 112th birthday in the lead up to its January 8 statement scheduled for Saturday.

If the ANC fails to attain the majority vote, the National Student Financial Aid Scheme and social grants may be scrapped - said Ramaphosa.

The National Student Financial Aid Scheme currently funds nearly 1.3 million students a year and studies have shown that 47% of South Africans rely on monthly social grants.