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South Africa will raise subsidies to universities to 1 per cent of gross domestic product over the next five years from nearly 0.7 per cent at present as recommended by a commission on higher education funding, President Jacob Zuma said on Saturday.

In a statement, Zuma said that there will be no tuition fee increment for students from households earning up to 600,000 rand a year during the 2018 academic year, Reuters reports.