Category: Intelligence
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UCT’s 35% medical-aid cut for retirees exposes its denials of financial crisis
Marika Sboros writes that UCT gave retirees less than two business days’ notice before announcing plans to cut their medical-aid subsidies by 35%, affecting around 1,800 people (1200 retirees plus their spouses and dependents). The move directly contradicts Council Chair Norman Arendse’s public claims that UCT remains financially healthy despite donor losses linked to its…