Moi, Egerton, Mombasa varsity cut staff perks on cash crunch

Public universities are grappling with delays in receiving cash for student capitation from the National Treasury.

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Moi University, Egerton University and the Technical University of Mombasa (TUM) slashed their budgets on salaries and allowances in the year ended June, amid cash flow woes that have been building over the years.

An analysis of official data shows that TUM led in the austerity push with an 18.4 percent drop to Sh1.17 billion from Sh1.43 billion followed by Egerton University at a 6.1 percent cut to Sh2.7 billion from Sh2.98 billion.

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Note: The results are not exact but very close to the actual.