Turkana University College (TUC) has successfully concluded a four-day Capacity Building and Sensitization Workshop on Best Practices in Asset and Liabilities Management, held from 10th to 13th February 2025 in St. Teresa Pastoral Center, Lodwar.
While officially opening the training, Deputy Principal, Administration, Finance & Planning, Prof. George Muthaa, welcomed the trainers and emphasized the university’s commitment to compliance with government regulations. He noted that asset management is key to ensuring financial accountability and efficiency in institutional operations. He urged all participants to adhere to best practices and fully engage in the training.
Turkana University College staff and National Treasury officers gather for a group photo following a successful training session
The workshop brought together TUC’s Members of staff, along with technical officers from The National Treasury (TNT) - NALM Department, to enhance knowledge and compliance with best asset management practices. The sessions covered critical topics such as asset management practices in the public sector, legal and regulatory frameworks governing asset management, the 21st Cycle Performance Contract (PC) asset management targets, the National Treasury’s Asset and Liability Management Policy, and a review of TUC’s Asset Register. Through presentations, case studies, and group discussions, participants engaged in hands-on learning, exploring real-world applications of asset and liability management principles.
By the end of the workshop, participants were equipped with technical skills to champion best asset management practices, sensitized on the requirements of the 21st Cycle PC asset management targets, and submission of clean and accurate asset register using both manual (Excel) and digital (IFMIS/ERP) systems.
In his closing remarks, Prof. Muthaa commended the participants and facilitators for their dedication, highlighting that the knowledge gained will play a crucial role in enhancing efficiency and accountability in asset management. This workshop reflects TUC’s ongoing commitment to capacity building and adherence to best practices in public management and governance.