How Uhuru government left private universities in Sh40bn debt hole Mt Kenya University was owed the largest amount, at Sh12.9 billion, followed by Catholic University of East Africa at Sh4.3 billion. Education Just now Listen
Article Treasury CS John Mbadi has said that private universities are choking under a Sh40 billion debt incurred during President Uhuru Kenyatta’s tenure.
PREMIUM Helb, varsities groan under weight of Sh205 billion debt This will heavily disrupt the rollout of the government’s need-based Student-Centred Funding Model.
According to the private universities, the delayed payment of the Sh58 billion covers the 2016/17 to 2023/24 academic years and has impacted their operations.
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