In the news today: #FeesMustFall protests set educational institutions back R786m, the US reimposes sanctions on Iran, and record emigration could prompt another ‘brain drain’ in South Africa


#FeesMustFall damages amount to R786m

Universities and training colleges count the cost of the #FeesMustFall protests. “We need to find money that could have been used for something else. It is a huge setback to have to rebuild infrastructure that was already provided,” says Higher Education Minister Naledi Pandor’s spokesperson, Lunga Ngqengelele.  READ MORE

Trump reimposes sanctions on Iran

The US is set to target a range of economic sectors in Iran, including gold, steel, other key metals, automobiles – and oil in three months’ time.  READ MORE

SA to break emigration records

Skilled South Africans are leaving the country in record numbers, prompting fears of another ‘brain drain’.  READ MORE

Do millennials prefer digital life insurance?

FNB Life reports that millennials between the ages of 31 and 33 are almost exclusively taking out life policies on digital channels.  READ MORE

Nedbank opposes change to Constitution

Nedbank is broadly supportive of land reform, but questions whether the Constitution really needs to be amended.  READ MORE