Eger­ton VC sus­pended as fi­nan­cial cri­sis bites

Business Daily (Kenya) - - ECONOMY & POLITICS - John Mu­tua jmu­­tion­

Eger­ton Univer­sity vice-chan­cel­lor Rose Mwonya has been sus­pended amid a cash-flow cri­sis at the Nakuru-based in­sti­tu­tion.

Prof Mwonya was sus­pended on Mon­day with Prof Alexan­der Kahi di­rected to take over in an act­ing ca­pac­ity.

The univer­sity de­clined to dis­close rea­sons be­hind the ex­ec­u­tive changes with sources at the in­sti­tu­tion link­ing the move to fi­nan­cial mis­man­age­ment.

“It is true she has been sus­pended ef­fec­tive Septem­ber 10 and Pro­fes­sor Alexan­der Kahi di­rected to take over in an act­ing ca­pac­ity,” said Dr Joshua Otieno, the chair of the Univer­sity Coun­cil, the pub­lic var­si­ties gov­ern­ing body.

He said he would give more de­tails on the sus­pen­sion upon his re­turn from an of­fi­cial trip abroad. The sus­pen­sion fol­lows a meet­ing held on Septem­ber 7 as the univer­sity strug­gles to re­main afloat. The univer­sity has also an­nounced a lay off plan and a cut on al­lowances as cash flow re­duces.

How­ever, Prof Mwonya, who rose to the helm in Jan­uary 2016, de­nied re­ceiv­ing any of­fi­cial com­mu­ni­ca­tion from the coun­cil, in­sist­ing that she still re­mains in of­fice.

“Ac­cord­ing to me I am still in of­fice be­cause I have not re­ceived the pur­ported let­ter, or­der­ing me to va­cate of­fice,” she said.

The changes come as the univer­sity strug­gles to meet its obli­ga­tions fol­low­ing a cash crunch caused by a drop in stu­dent en­roll­ment for the par­al­lel de­gree pro­gramme.

The univer­sity is the lat­est to an­nounce aus­ter­ity mea­sures fol­low­ing the sharp drop in the num­ber of Kenya Cer­tifi­cate of Sec­ondary Ed­u­ca­tion (KCSE) can­di­dates scor­ing the C+ and above.

Data from the Kenya Na­tional Bureau of Sta­tis­tics (KNBS) shows Eger­ton Univer­sity en­roll­ment de­clined to 11,593 last year from 13,928 in 2015.

Eger­ton has an­nounced a lay off plan and a cut on al­lowances in an en­vi­ron­ment of re­duced cash flows

Newspapers in English

Newspapers from Kenya

© PressReader. All rights reserved.