Gov’t to Privatize Some Kenyan Public Universities to Keep Them Afloat
The government has revealed plans to privatize a number of public universities in Kenya in a bid to keep them afloat.
Investment, Trade, and Industry Cabinet Secretary Moses Kuria said the move is aimed at strengthening their financial stability and restoring their former status as centers of excellence.
He indicated that nearly all publicly-owned higher learning institutions in the country are grappling with debts running into billions of shillings, adding that the local market’s supply of education has outpaced its demand.
Kuria said he is in negotiations with foreign investors who are ready to partner with local universities to strengthen their financial position.
“We have to agree that a lot of universities in this country are in terrible shape. We need to privatize some of our universities and I am currently in talks with international investors who are keen to partner with local universities. We need to ensure that our universities go back to being centres of excellence,” Kuria said.
The cabinet secretary said the government will take advantage of the fact that the country has one of the best educational systems in the world by entering the global market.
“CS Machogu and I will work to establish the actual demand for universities in the local market. We want to match America in terms of being the centre of excellence for international education,” Kuria added.
Comments (4)
The current Government of Kenya needs to be privatized.
It is a liability.
Once that’s privatized & sold to a private investor.
Then, Kenyans can form another government or two governments.
Kuria: You want to match America? Not unless you eradicate the “Master of Corruption: How to Steal Public Money Without Being Caught Though you are Known”, from the University programs. No country wants its students to study in Kenya where you can trade a diploma for sex or pay to be awarded one. You should have started by telling the country where the Gatundu constituency bursary funds went. Unfortunately, no sensible Kenyan takes you guy’s seriously.
Maybe someone has a viable plan, but one wonders;would it create a window of opportunity for corrupt leaders to stash stolen funds!
Ruto following the US script in his operations. Not everything will work though.