Public varsities’ debt hits Sh76.1 Billion, auditor raises sustainability concerns

Kenya’s public universities are grappling with a mounting debt crisis, with total liabilities surging to Sh76.1 billion by June 2024. This marks a 10.4 percent increase from Sh68.9 billion recorded the previous year, according to the latest report by Auditor General Nancy Gathungu. The steady rise in debt over the past four years has raised … Continue reading Public varsities’ debt hits Sh76.1 Billion, auditor raises sustainability concerns