WITS has not dispelled rumours of possible staff retrenchments and budget cuts, in a statement issued by the Wits Senior Executive Team (SET).
In the same statement, the university announced the establishment of the “Senate Task Team on Trade-Offs”.
“The university is looking at how we can collectively fund strategic initiatives in the 2017 budget,” the statement said.
The university says it needs over R150-million to cover the costs of insourcing as well as to “contribute towards the funds required to renew the Wits IT network”.
This comes amid expected fee increases countrywide to cover costs arising from last year’s insourcing protests.
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