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Originally published by Kenyans
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April 6, 2026
2h ago

TSC Addresses Impending Collapse Over Ksh7.9B 'Financial Meltdown'

TSC Addresses Impending Collapse Over Ksh7.9B 'Financial Meltdown'

TSC is responsible for managing over 340,000 teachers across the country; the financial strain being reported raises questions about future uncertainties...

✨ Key Highlights

The Teachers Service Commission (TSC) has refuted viral claims of a "Financial Meltdown," though an audit report highlights significant financial pressures.

  • The audit identified a negative working capital of Ksh7.9 billion, contributing to an accumulated deficit of Ksh7.34 billion.
  • Key organizations involved: Teachers Service Commission (TSC) and the Auditor General.
  • Notable detail: The commission exceeded its recurrent budget by Ksh4.48 billion and faces Ksh12.3 billion in pending bills.

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