for subscribers

UCT needs to save R120m, cost cuts immediately

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
(Picture: Supplied)
(Picture: Supplied)

Cape Town – The University of Cape Town needs to save R120m by 2018 - and will be taking strict budgetary measures to do so immediately.

Vice Chancellor Max Price made the announcement in a statement on Monday, saying "austerity measures will be implemented between now and 2018".

He said that the funding of higher education nationally had become a challenge.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.13
(-0.14)
ZAR/GBP
20.70
(-0.11)
ZAR/EUR
18.42
(-0.11)
ZAR/AUD
11.67
(-0.11)
ZAR/JPY
0.15
(-0.86)
Gold
1855.20
(+0.05)
Silver
25.47
(+0.10)
Platinum
1100.00
(+0.44)
Brent Crude
54.81
(-1.30)
Palladium
2352.23
(+0.52)
All Share
63987.92
(-0.29)
Top 40
58886.26
(-0.14)
Financial 15
11685.83
(-2.13)
Industrial 25
86576.24
(+1.21)
Resource 10
62699.98
(-1.34)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
21% - 722 votes
No, I did not.
52% - 1791 votes
My landlord refused
28% - 960 votes
Vote