Multimedia University of Kenya (MMU) Council on Friday, July 31, 2026, approved the university’s budget for the 2026/2027 financial year with focus on key varsity’s infrastructural projects.
The budget, amounting to KSh 1.6 billion, was presented by Chairperson of the Council Finance Committee, Ms. Beatrice Tonui and its approval paves way for implementation of key priorities outlined in the university’s Strategic Plan and 2026/2027 Performance Contract.
Speaking at the university during the budget approval meeting, MMU Chairman of Council Dr. Albert Kochei expressed confidence that the university is well positioned to achieve its strategic objectives during the financial year.
“This budget provides the foundation for the university to accelerate the implementation of its Strategic Plan and achieve its performance targets. We expect management to utilise the allocated resources prudently while ensuring that the university continues to deliver quality teaching, research, innovation and community service,” said Dr. Kochei.
Dr. Kochei said that while the approved budget has a projected funding deficit of approximately KSh 300 million, the Council is confident that the gap can be addressed through prudent financial management and increased revenue from the university’s income-generating initiatives.
Among the key projects approved in the budget are the completion of MMU Library Complex and ongoing renovations of MMU Hotel and the Club House which, upon their completion, are expected to significantly enhance university’s teaching environment and also boost internally generated revenue respectively.
The budget further allocates resources for renovation and maintenance of student hostels, upgrade of university’s Enterprise Resource Planning (ERP) system and improvement of internet connectivity across the campus to support digital learning and administrative efficiency.
The Council also reaffirmed its commitment to operationalizing Multimedia University Enterprises & Services Ltd. (MMUES) by allocating KSh 2.5 million towards its establishment.
The enterprise is expected to commercialise the university’s products and services, optimise performance of existing Income Generating Units (IGUs) and expand opportunities for revenue generation.
On matters staff welfare, the Council allocated KSh 10 million towards promotion of staff members.
Ms. Beatrice Tonui noted that the budget had been developed through a comprehensive consultative process and in full compliance with Government budgeting regulations and guidelines.
MMU Vice Chancellor Prof. Rosebella Maranga welcomed the Council’s approval of the budget and assured staff members that the university management will implement it with accountability and fiscal discipline.
She further affirmed that management and staff would work collaboratively to ensure effectiveness of MMU Enterprises & Services Ltd. (MMUES) and university’s IGU’s to increase internally generated revenue and bridge the projected funding gap.
Prof. Maranga said that the approved budget underscores the Council’s commitment to strengthening the university’s financial sustainability while investing in strategic infrastructure, digital transformation, staff development and enhanced service delivery for students and general stakeholders.