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Ivory Towers on Credit: How Kenya’s Public Universities Drifted into Insolvency
April 24, 2026
By Dr. Luchetu Likaka Kenya’s public universities are no longer in a financial squeeze; they are in a state of quiet insolvency. For years, the signs were visible but conveniently ignored, ballooning pending bills, delayed salaries, stalled projects, and recurring audit red flags. Today, the façade of institutional stability remains, but beneath it lies a
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