Kenya universities bankruptcy incorporate fear, 11 face insolvency.

Kenya universities bankruptcy
kenya universities bankrupcty Students outside Moi University’s administration block in Kesses, Uasin Gishu County, in October last year.

Kenya universities bankruptcy, they unable to pay staff due to delays by the National Treasury to release funds, precipitating a crisis in the learning institutions.

The delays to wire capitation to the 38 public Kenya universities have seen lecturers boycott classes to press for their salaries.

Some universities have been forced to negotiate with banks to enable them to settle the arrears. Universities Academic Staff Union (Uasu) National Deputy Secretary-General Jacob Musembi said the union will call a crisis meeting to give direction to its members.

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