JUST IN: Technical University of Kenya Declared Insolvent as Debt Soars to Ksh12 Billion
The Technical University of Kenya (TUK) is in a tough spot, grappling with a massive Ksh 12 billion debt. This financial turmoil has led to the university being officially declared insolvent by the Parliamentary Committee on Education and Administration. The committee’s investigation into TUK’s current and past management has uncovered some concerning issues. Staff members, including lecturers, haven’t received their full salaries since 2013. This financial mismanagement dates back to when TUK gained full university status and a charter. Benedict Mutua, TUK’s Deputy Vice Chancellor, revealed to the parliamentary committee that, “Since 2013, honestly, no TUK employee has received a full salary.” Over-employment has been blamed as the root of
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