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Sinking ship? The puzzle of a broke but rich Egerton University

Egerton University

The main entrance of Egerton University, Njoro Campus in Nakuru County.

Photo credit: Francis Mureithi | Nation Media Group

By  Francis Mureithi

Correspondent

Nation Media Group

What you need to know:

  • The institution is heavily in debt and unable to meet most of its financial obligations.
  • The Njoro-based institution is going through its arguably worst financial crisis in decades.

The deepening financial crisis at the troubled Egerton University has puzzled many stakeholders.

The institution is heavily in debt and unable to meet most of its financial obligations, including paying staff salaries in full.

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