graduate thumb100 The New Age reports that universities in South Africa are facing serious cash crunches and, unless the government dramatically increases funding of tertiary institutions, many will be forced to implement cost-cutting measures.  

Such measures could include retrenchment of staff.  Rhodes University has already warned students that it would not be able to pay bills and staff if fees were not paid on time.  The situation is exacerbated by uncertainty over whether universities would be implementing fee increases in 2017.  The violent #FeesMustFall protests last year led to a moratorium on fee increases this year.  Meantime, the University of Cape Town confirmed that insourcing of staff had added to its financial instability and it is about R250million short annually.

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