KENYA
Kenyas public universities could benefit from debt relief to help them cope with pressing financial pressures and save them from imminent shutdown. This follows a push by the Universities Fund (UF) the agency that manages the financing of public universities on behalf of the government to have the debts renegotiated to ease repayment obligations.
This is among the raft of new proposals made by the agency to the Education Cabinet Secretary Ezekiel Machogu which, if adopted, will also enhance income-generation within the universities and nearly double state subsidies. This is in a bid to save cash-strapped universities and lift the countrys faltering higher education credentials.
UF Chief Executive Officer Geoffrey Monari says t…
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