IN recent years, higher education institutions (HEIs) have been considered the main contributor to the country’s development. However, due to the impact of the Covid-19 pandemic with its accompanying reduction in student enrolment, HEIs face the challenge of crafting a focused strategy that will allow them not just to survive, but also thrive with a sustainable financial base.
Due to the recent financial crisis, economic recession and pandemic, the whole sector is experiencing further difficulties in accessing funding opportunities, as well as identifying financing options.