By Ambrose Kweronda
Kabale University is facing a severe financial crisis, with a potential loss of over 3 billion shillings from its consolidated fund, which includes school fees and other dues collected this year.
The revelation was made by Prof. Joy Kwesiga, the Vice Chancellor of the University, during her speech at the 7th graduation ceremony.
The graduation ceremony was held at the University playground in Kikungiri Hill, Southern Division of Kabale Municipality which saw a total of 1,271 graduates receiving their degrees in various courses.
The event was presided over by Prof. George Mondo Kagonyera, the University Chancellor.
Prof. Kwesiga expressed her concerns about the challenges the University faces in terms of financial sustainability.
She highlighted the University’s struggle to recover the money collected through school fees and other dues, putting them at risk of losing over 3 billion shillings. Despite efforts to secure a supplementary budget, the University has faced difficulties in obtaining the necessary funds.
According to Prof. Kwesiga, the financial situation has become a recurring problem for the institution. The University attempts to increase tax revenue during the budgeting process but has been consistently denied by the finance department. Despite providing evidence of past successful collections, the University is bound by an agreement that all funds must be remitted into the consolidated fund.
During the ceremony, Prof. Kwesiga’s concerns were echoed by Hon. Adson Kakuru, the Chairman of Kabale University council. He expressed his worries about the inadequate state of the University’s infrastructure.
Hon. Kakuru assured that the University would continue engaging with the government through the Ministry of Finance and Education to prioritize infrastructure improvement. He emphasized the need for Kabale University to receive the necessary support as a public institution.
However, Prof. George Mondo Kagonyera, the University Chancellor, took a different stance on the matter. He emphasized that the most crucial aspect of an institution is its staff and students.
Prof. Kagonyera confidently stated that Kabale University would continue to achieve its goals and objectives, regardless of the current state of infrastructure.
Regarding the graduating class, there were 754 male and 523 female graduates, highlighting a diverse group of individuals successfully completing their studies at Kabale University