Gordhan's extra R5 billion not enough for universities on the verge of deficit

According to a report in the Business Day, University of Pretoria is on the verge of being in deficit after being owed more than R200 million by students.

University of Cape Town (UCT) and University of Witswaterstrand (Wits) are reportedly on the same path.

Dr Ingrid Tufvesson, Former Chairperson of the Higher Education Transformation Network (HETN) says it is worrying that universities haven't thought of a way to raise funds rather than wait for government subsidies.

Finance Minister, Pravin Gordhan on Wednesday made an announcement that an extra R5 billion was made available for higher education, however, Tufvesson says it is not enough.

We cannot have a constitution that says education is a right for all and not put in place measures to make that possible.

Dr Ingrid Tufvesson, Former Chairperson of the Higher Education Transformation Network

Tufvesson says that these Universities that are on the brink of deficit are institutions that have previously enjoyed being privileged.

She says Fort Hare university has managed to educate most South African students without demanding fees from most of them, therefore these universities should ask how is this university managing.

To hear more from Dr Tufvesson, listen below:


This article first appeared on CapeTalk : Gordhan's extra R5 billion not enough for universities on the verge of deficit


Recommended

by NEWSROOM AI
Read More
Budget speech lacked polices promoting economic growth - FNB economist

Budget speech lacked polices promoting economic growth - FNB economist

‎Economist at FNB South Africa, Mamello Matikinca, says it's clearly very difficult for government to narrow the fiscal deficit.

How Athol Williams defied the odds to help inspire others to thrive

How Athol Williams defied the odds to help inspire others to thrive

Athol Williams always dreamt of getting the best education and shared the moving story which led him to the path of giving back.

Bookboon.com provides SA with 600 000 free textbooks a month

Bookboon.com provides SA with 600 000 free textbooks a month

The electronic publisher providing textbooks may have to start charging if no government and corporate support is forthcoming.

100 scholarships up for grabs to deserving students

100 scholarships up for grabs to deserving students

Together, the SA and Hungarian governments are offering scholarships for students who want to do bachelor, masters, and PhD degrees.

Fees Must Fall: ‘No reason why Govt shouldn’t ask listed companies for help’

Fees Must Fall: ‘No reason why Govt shouldn’t ask listed companies for help’

Public-private partnerships is the answer to South Africa’s higher education funding dilemma, says USB’s Prof Piet Naude.

Higher Education DG says sufficient financial aid available for NSFA in 2017

Higher Education DG says sufficient financial aid available for NSFA in 2017

The Higher Education Dept says it's confident about the prospects of the academic year and that financial support is in place.

We can’t drive rich students overseas! We need their money! - Blade Nzimande

We can’t drive rich students overseas! We need their money! - Blade Nzimande

The Higher Education Minister also said parties such as the EFF are using the Fees Must Fall movement to destabilise Government.

Black students are not adequately prepared for university life - Edu Professor

Black students are not adequately prepared for university life - Edu Professor

Commenting on Pali Lehotla's remarks on black students in universities, Professor van Wyk says matric is not enough preparation.

Popular articles
[LISTEN] The concept behind The Leonardo - Sandton's new skyscraper

[LISTEN] The concept behind The Leonardo - Sandton's new skyscraper

The Leonardo in Sandton may become the tallest building in Africa.

New Ipsos poll shows ANC winning 2019 election, rates Ramaphosa a vote puller

New Ipsos poll shows ANC winning 2019 election, rates Ramaphosa a vote puller

Senior client officer at Ipsos, Mari Harris says President Cyril Ramaphosa's trust index is higher than other leaders.

'Its not good enough to say you just found out that SA trains are never on time'

'Its not good enough to say you just found out that SA trains are never on time'

Eusebius McKaiser shares his views on president Cyril Ramaphosa's train expirience on Monday.

Kilometres of boiler tube leaks 'are biting us big time' says Eskom COO

Kilometres of boiler tube leaks 'are biting us big time' says Eskom COO

Eskom's Jan Oberholzer says it has discovered boiler tube leaks which continue for kilometres and is working to repair this.

'The next Steinhoff is around the corner!'

'The next Steinhoff is around the corner!'

The Steinhoff-debacle happened while the world praised SA for its auditing standards. Bruce Whitfield interviews Dr Steven Firer.

Load shedding will be resolved permanently in a few weeks - Fikile Mbalula

Load shedding will be resolved permanently in a few weeks - Fikile Mbalula

ANC head of elections, Fikile Mbalula says the president is hard at work to resolve Eskom's problems.

Did you know? SA exports electricity to seven countries in Southern Africa

Did you know? SA exports electricity to seven countries in Southern Africa

Senior Researcher at Africa Check Kate Wilkinson shares their latest from their fact-finding missions.