Economy

CUE issues audit notice to three private universities

cue

CUE chairman Prof Chacha Nyaigoti Chacha. FILE PHOTO | NMG

The Commission for University Education (CUE) has directed three private universities to prepare a detailed report to guide an audit to be carried out in coming days.

The Catholic University of Eastern Africa (Cuea), Presbyterian University of East Africa and Kenya Methodist University (KeMU) are set to undergo audits to test compliance with the agency’s rules.

“We are just going to cross check if they are doing the right things,” said CUE chairman Prof Chacha Nyaigoti Chacha.

In a letter to KeMU dated September 1, the CUE said the institution should prepare a report of its financial position and sustainability, adherence to statutory requirements, issues of students and staff welfare.

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The university is struggling to pay debts owed to the taxman and other agencies as well as part time lecturers.

Prof Justus Gitari Mbae, Vice Chancellor of Cuea could not be reached for comment while PCEA University promised to call back.

On Tuesday, Prof Chacha said those planning to create new universities will have to provide evidence that they will be financially sustainable.