University of Nairobi, KU losses hit Sh4.3 billion

university of nairobi uon


Business Daily | by Edwin Mutai


The University of Nairobi (UoN) and Kenyatta University have dipped into a combined Sh4.3 billion financial deficit, underlining the cash flow problems at the institutions that has seen them seek to raise student fees.

The Treasury revealed to Parliament last week that UoN had a deficit of Sh2.17 billion in the year to June, up from Sh1.62 billion a year earlier…

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