Moi University has assured students, parents, and staff that it is steadily recovering from months of financial turmoil, saying operations have normalised despite billions of shillings in debt and pending bills.
In a statement issued on Friday, July 3, the university said teaching, examinations, and graduation schedules remain on course as it implements reforms aimed at restoring financial stability.
The reassurance comes after the university's management appeared before the National Assembly Departmental Committee on Education to explain its recovery plan.
University Says Reforms Are Delivering Results
Moi University said its financial challenges accumulated over several years, prompting intervention by the Ministry of Education, the University Council, and management.
According to the institution, reforms focused on stronger financial management, revenue mobilisation, expenditure controls, and administrative changes have started reducing its revenue deficit.
The university added that learning activities across all campuses have continued without disruption.
Management Seeks to Restore Confidence
The university said examinations and graduation ceremonies are proceeding as scheduled, while staff salaries are now being paid on time as efforts to stabilise finances continue.
Management maintained that the institution remains fully operational despite recent financial pressures.
Billions in Debt Still Outstanding
The assurance follows months of uncertainty after the university warned earlier this year that frozen bank accounts and court action had disrupted operations and threatened essential services.
University officials recently disclosed to lawmakers that Moi University has accumulated more than KSh8 billion in debt and over KSh10 billion in pending bills, most dating back to 2014.
The institution says its recovery strategy is designed to restore financial sustainability while safeguarding academic programmes and rebuilding confidence among students, staff and stakeholders.
