Hundreds of students and staff members from various universities have gathered in the CBD outside Parliament, as part of the Fees Must Fall movement.
Pravin Gordhan has stepped outside the precinct's gates to meet with some of the protest leaders and signed a memorandum.
Student leaders handed over a memorandum to Gordhan, but had to leave as he is pressed for time as the march coincides with the Finance Minister's Medium-Term Budget Policy Statement.
The mini budget speech will announce spending plans for higher education, among other sectors over the next three years.
The march is being led by Cape Peninsula University of Technology’s (CPUT) student representative council.
EWN's Monique Mortlock says demonstrators converged outside the national legislature surrounded by heavy police presence.
Mortlock reports that the protest march has been peaceful in general, with support from school pupils and political groups.
Religious leaders also joined the march and formed a barrier in front of the protesters in an effort to protect them.