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Originally published by Kenyanstop
April 6, 2026
2h ago
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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