Minister of Sport, Arts, and Culture Gayton McKenzie has vowed to help the financially struggling National School of the Arts (NSA) recover from its dire financial situation. The school has recently faced severe financial difficulties, raising concerns about its potential bankruptcy.
On Saturday, Minister McKenzie, along with Deputy Minister Peace Mabe and DSAC management, visited the NSA to address the urgent financial crisis. During the meeting, it was revealed that the school's cash flow is depleted, and there is a risk that salaries may not be paid at the end of August.
Although the NSA is managed by the Gauteng Department of Basic Education, it specializes in high school arts education. The Ministry of Sport, Arts, and Culture has committed to alleviating some of the school's immediate financial burdens. McKenzie and the department plan to work closely with the Department of Basic Education (DBE) to review and improve the school's business model, aiming to restore its financial stability and independence over the coming months.
An agreement was reached between Minister McKenzie and the School Governing Body, recognizing the NSA as a valuable national asset in the arts sector and crucial for providing arts education to underprivileged students. The Ministry highlighted that approximately one-third of students are exempt from school fees, including accommodation in the NSA hostel. However, a quarter of parents have reportedly refused to pay fees despite their financial capability. This issue will be investigated further by the Ministry, the school, and the DBE.
The Ministry also plans to engage with the school's creditors as part of the turnaround strategy. The NSA, known for its distinguished alumni such as Charlize Theron, Vincent Bones, Lorna Maseko, Zoe Modiga, Dan Patlansky, Karen Zoid, and Bianca le Grange, is considered a significant institution in the arts.