Sharp Daily
No Result
View All Result
Wednesday, November 26, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

President William Ruto To Set Up New Funding Body Ahead Of HELB Scrap Off

Sarah Wamaitha by Sarah Wamaitha
January 3, 2023
in News
Reading Time: 2 mins read
President William Ruto

[Photo/Courtesy]

President William Ruto has announced intentions to disband the Higher Education Loans Board (HELB) and replace it with a new funding organization for higher education.

Ruto announced that he will combine the HELB, TVET, and University Funding Board into the National Skill and Funding Council.

Ruto claims that the action will double the existing Higher Education Loans Board financing from Ksh11 billion to Ksh22 billion and remove interest on HELB loans.

The government also plans to hire 3,000 tutors for TVET colleges and an extra 30,000 teachers for basic education to address the teacher shortage in public schools.

RELATEDPOSTS

Key shifts observed in today’s digital landscape

November 26, 2025

SMS spam surge in Kenya: fears of personal data misuse by telcos exposed

November 21, 2025

Read: TSC To Hire 30, 000 Teachers In 2023

During the election campaigns, President William Ruto pledged to hire 116,000 teachers. However, this was postponed due to the economic situation in the country.

Ezekiel Machogu, the cabinet secretary for education, announced this on 17th November 2022  and added that the hiring is to take place gradually.

The government also plans to invest at least Ksh15 billion in 70 TVET colleges to help with student training.

The Kenya Kwanza Alliance also committed in its Education Charter to ensuring that every constituency has a Technical Training and Vocational Educational Training Institution as well as to complete the construction of Vocational Training Centers in each ward (TVET).

“Within the first two years, we will establish and fully equip a Tvet institution in each of the remaining 52 constituencies,” the charter states.

He also suggested creating a public university and boosting the existing three technical universities to eight across the eight regions.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

EPRA Announces Licensing Of Electricity Generation For Individual, Commercial And Industrial Use

Next Post

What The Government Should Do To Make The Creative Economy Better

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

Kenya feels the impact after the U.S. cancels key transport funding deal

November 26, 2025
Entertainment

Vatican addresses African bishops’ polygamy concerns with controversial new document

November 26, 2025
News

The psychology of spending vs saving

November 26, 2025
Tanzania's President Samia Suluhu Hassan attends her swearing-in ceremony in Dodoma, Tanzania November 3, 2025. © Tanzania Presidential Press Unit via Reuters
News

Human rights groups petition ICC over Tanzania alleged post-election killings

November 26, 2025
News

How Interest Rate Hikes Shape Small-Business Investment

November 25, 2025
KPLC rolls out new OCR meter-reading technology
News

KPLC rolls out new OCR meter-reading technology to eliminate manual data entry

November 25, 2025

LATEST STORIES

Key shifts observed in today’s digital landscape

November 26, 2025

Kenya feels the impact after the U.S. cancels key transport funding deal

November 26, 2025

Vatican addresses African bishops’ polygamy concerns with controversial new document

November 26, 2025

The psychology of spending vs saving

November 26, 2025
Tanzania's President Samia Suluhu Hassan attends her swearing-in ceremony in Dodoma, Tanzania November 3, 2025. © Tanzania Presidential Press Unit via Reuters

Human rights groups petition ICC over Tanzania alleged post-election killings

November 26, 2025

How Interest Rate Hikes Shape Small-Business Investment

November 25, 2025

Kenya’s Retirement Benefits Schemes H1’2025 Performance

November 25, 2025

Understanding midlife crisis

November 25, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024