With the country continuing to face tough economic times. Moi University has stated that it will lay off several of it’s staff in a memo released by Prof Isaac Kosgey that cited lack of enough money to sustain it’s growing wage bill
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,”As you are aware, the university has been facing difficulties in meeting its wage bill obligations. Over the years, the university wage bill has been increasing, currently taking up over 70 percent of the capitation from the exchequer,” stated kosgey.
“This is therefore to notify you of the impending redundancy of staff due to the continued strain by the university to fully fund its wage bill and to align the human resource to the existing workload” he added.
Sometime last year the university had stated that it had a debt that had accrued to 4.5 billion ksh. According to the auditor general’s report that was released in the year ended 2020 the expenditure was ksh 8.3 billion yet the revenue in was ksh 7.8 billion.
The university therefore made a loss of ksh 504 million . The number of workers to be layed off ksh not yet been stated. In June 2018 EACC requested payroll records from employee that saw Atleast 10,000 people are employed yet 1000 being ghost employees.
In September 2021 , Dr Humphrey Njuguna stated that the university operations had been paralyzed by debts. The university blamed the closure of it’satellite campus around three years ago for their huge debts.
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