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Tuesday, February 18, 2014

Agang leader to visit CIDA City Campus



Agang leader to visit CIDA City Campus
By BRIAN KAJENGO
Agang SA leader, Mamphela Ramphele, will visit the CIDA City Campus after the ongoing protests between the students and management.
She is expected to addressing both parties and also listening to grievances. The school has been under going through a lot of financial strain and has been under business rescue since December 2012. 
The school was given until March 25, to settle their dept of approx R20 million. Management of the school decided to increase school fees to help curb the debt, but that resulted in students being frustrated because they would essentially have to leave the school because they cannot pay the fees. This led strike which started last week and is still ongoing.

Its get finance through sponsorship from businesses, corporations, philanthropic foundations and individuals, donations take the form of scholarships, donations in kind (goods or services supplied) or cash.

The CIDA Empowerment Fund, an investment fund of stocks and shares which generates dividends to fund scholarships for the BBA degree, supports CIDA.

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