UB on brink of collapse

Thursday, November 17, 2016

Fako before the Parliamentary Committee yesterday PIC: KAGISO ONKATSWITSE

The University of Botswana (UB) is in dire financial straits and faces institutional collapse by March 2017, owing to perennial under-funding from government, as well as long running debts, which include amounts from the education ministry.

Appearing before the Parliamentary Committee on Statutory Bodies and Public Enterprises yesterday, UB vice-chancellor, Professor Thabo Fako painted a gloomy picture saying the country’s top tertiary education institution needed at least P1 billion in urgent funding.

He said the UB was battling the snowball effect of seven years of under-funding.

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