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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.

Abuja — The Independent Corrupt Practices Commission (ICPC) has targeted Nigerian Universities as part of preventive measures in the long term strategy of the anti-corruption fight. The commission plans to engage management and staff of tertiary institutions to work to imbibe a culture of transparency and accountability in the overall interest of the country.

The participants reflected on accountability and transparency of management and financing of the teaching system in DRC, and elaborated implementation strategies for the various stakeholders. .../... Several themes were discussed of which the integrated strategy of the fight against corruption in the education sector and the financing of education by the State at the local level, teachers' salaries, etc.