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Kenya’s universities have been ordered to publish regular financial performance reports as part of sweeping regulations which take effect this year, aimed at lifting the veil of secrecy that has shrouded institutions’ financial status and effectively put millions of dollars at risk. Currently, the publication of financial performance for public universities takes as many as four years, a situation that has seen most institutions drift into financial problems. In addition, none of the private universities in the country has ever made public their financials despite their handling millions of dollars in student funds annually.

According to a confidential report, Kenya’s universities are facing serious management challenges resulting in admission flaws, inadequate staffing, and low standards of examination administration, supervision and research. The report also shows that some institutions cut corners to increase admissions in order to seal budgetary gaps, allow students to graduate within months, or admit students to unaccredited programmes from which they are then allowed to graduate. After returning their reports with factual corrections done, the institutions in question will have 30 days to issue corrective roadmap.