CPUT SRC calls for probe into university’s finances

The Central Student Representative Council (SRC) of Cape Peninsula University of Technology (CPUT) has requested an investigation into the financial management of the university. This call for an inquiry came after a series of student protests, leading to the suspension of academic programs and the instruction for students to vacate residences.

The SRC President, Liyabulela Gela, addressed the media in Cape Town, highlighting several concerns, including the safety of student residences and the unresolved Financial Recovery Plan for 2027, which would have required students to pay an upfront fee of R7,000 upon registration in the upcoming year.

Gela emphasized that the issues raised are not new but have been ongoing, questioning the accountability of those responsible for these problems. She urged the university to conduct a thorough investigation and examine the financial state of CPUT, suggesting that public funds are not being utilized as they should. The university has acknowledged the damage to its campuses due to the student protests, which has surpassed a million rand, but stated that the decision to close campuses and residences was not made lightly.