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UNZA Debt Reaches K2.3 billion
The University of Zambia (UNZA) statutory and contractual debt has accumulated to K2.3 Billion as at 31st March, 2015.
This is as a consequence of government’s failure to meet the 100 percent funding for the University’s gross personal emoluments budget as prescribed in the country’s policy on funding for higher education.
UNZA Vice Chancellor Stephen Simukanga has disclosed that currently government is only contributing 23 percents towards the University’s personal emoluments.
Professor Simukanga has also disclosed that government currently owes UNZA a total sum of K76.7 million in tuition and accommodation fees.
He says this is a result of consistent delays by government in disbursing tuition fees due to UNZA which has crippled the smooth operational performance of the University.
Professor Simukanga predicts that the year 2015 is expected to be more challenging for the highest learning institution in the country following the decline in the government grant allocation by K2 million.
Professor Simukanga was speaking this morning when he presented Education Minister Michael Kaingu with a report on the operations of UNZA and the current challenges it is facing.
And Dr. Kaingu, who was on a familiarization tour of the University’s infrastructure said government, is also concerned about the need for staff development at the University.
Dr. Kaingu says this is especially that it has become clear that the issue of limited staff is now an acute problem.
He says for the fact that government cannot manage to pay for all the needs of the University, the country’s highest learning institution is encouraged to engage in Public Private Partnerships (PPPs) like it has done with the construction of East Park Mall on its land.
Posted by Kunda
on May 20, 2015. Filed under LATEST NEWS.
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biko
May 20, 2015 at 7:51 pm
Why biulding new univesities while failing to mantain the old ones? Hope much of the bill is from MMD time, if not so then lets clere those bills than biulding what will be white elephants.
casual worker
May 21, 2015 at 12:01 am
bushe bunangani nangu lupiya luchepa???
zebigge
May 21, 2015 at 7:33 am
Why is Simukanga telling the world that GRZ funding to UNZA has reduced drastically when he is also not able to tell the world where his management is finding money to buy brand 4×4 Ford Rangers, Isuzus and Landcruisers for himself, deputy Vice-cancellor, Registrar, all 9 deans, directors, 4 deputy registrars, Business development manager, Quality assurance manager etc.? His vehicle alone costs over K1 million. Those of other office holders are costing not less that K300,000. Yet he tells us government should just be pouring loads of money into the UNZA bottomless pit whilst UNZA managers lead lavish lives.
Capt juku 1
May 21, 2015 at 8:47 am
Ba unza management is rotten.they cant even venture into business but they have vast land.poor thinking though its my firmer sch in the dpt of Law sch.think ba prof not spoonfeeding always.
MERCY
May 21, 2015 at 9:24 am
You can see from the pic,dry grass that shows there is a problem
katwishi
May 21, 2015 at 9:53 am
K2.3 billion is K2.3 trillion in old currency. This means the debt has just kept on growing such that even if government bailed them out, the debt will still reappear in the future. Why should a tax payer with a child at Mulungushi University be asked to pay towards the unza debt accrued from many years of mis-management of the institution. They have a whole army of lecturers being paid way above the financial capacity of the institution and they think somehow the GRZ is responsible. The future of UNZA is restructuring. Some schools offer programmes which can easily be run by private universities and colleges. Unza should concentrate on science and technology programmes.