| Updated Fri, January 27th 2017 at 00:00 GMT +3The University of Nairobi (UoN) has dismissed reports that it is facing a cash crisis due to low State funding and under-collection of internal revenue. The university, in a statement sent to newsroomsThursday, said it was not in any state of financial crisis at the moment. "The media report relied on the Auditor General's report of 2014/2015 financial year and is not a true reflection of the current financial status of the university. The university is not in a state of crisis," read the statement in part. But we are up to date with respect to remission of statutory deductions to KRA, NSSF,Pension schemes, HELB and SACCOs."

Source: Standard Digital January 26, 2017 21:00 UTC