The Department of Science and Tech-nology (DST) will have a budget of R6 470.2-million for the financial year 2014/15. More than half of this (R3.5-billion), Science and Technology Minister Naledi Pandor noted in her budget speech to Parliament, will go to funding research and development (R&D). In turn, R1.7-billion of the R&D expenditure will be dedicated to research grants and bursaries.
 
There are six agencies that report to the DST – the Academy of Science of South Africa (ASSAf), the Council for Scientific and Industrial Research (CSIR), the Human Sciences Research Council (HSRC), the National Research Foundation (NRF), the South African National Space Agency (Sansa) and the Technology Innovation Agency (TIA). ASSAf received an allocation of R21-million, the CSIR R825-million, the HSRC R276-million, the NRF R851-million, Sansa R118-million and the TIA R380-million.

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