In Summary Instead, Kenya bagged some $400 million it says will be used to upgrade its 120-years old metre gauge railway to Malaba on the border with Uganda.Failure to secure funding for SGR also means Kenya’s plan to build a $1.4 billion Kisumu port will remain frozen for now.Meanwhile, even... read more →
Apr
27
Apr
27
In Summary Instead, Kenya bagged some $400 million it says will be used to upgrade its 120-years old metre gauge railway to Malaba on the border with Uganda.Failure to secure funding for SGR also means Kenya’s plan to build a $1.4 billion Kisumu port will remain frozen for now.Meanwhile, even... read more →
Apr
27
Home » Finance & Capital Market » Story
Apr
27
By ALLAN OLINGO More by this Author By VINCENT ACHUKA More by this Author Even after finally getting the support of the opposition and Uganda as directed by China last year, Kenya failed for the second time to get funding for the Naivasha-Malaba leg of the …
Apr
27
In Summary Kenyans has been left with a piece of infrastructure economic experts have termed as “a railway to nowhere” and which taxpayers are supposed to start paying 0.7 per cent of the economy in Chinese loans from June 2019. (more…)
Apr
27
In Summary Kenyans has been left with a piece of infrastructure economic experts have termed as “a railway to nowhere” and which taxpayers are supposed to start paying 0.7 per cent of the economy in Chinese loans from June 2019. (more…)
Apr
27
In Summary Kenyans has been left with a piece of infrastructure economic experts have termed as “a railway to nowhere” and which taxpayers are supposed to start paying 0.7 per cent of the economy in Chinese loans from June 2019. (more…)
Apr
27
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Apr
26
In Summary On SGR alone, the line from Mombasa to Naivasha has attracted a Sh500 billion loan, and extension to Kisumu was bound to raise the figure to more than Sh800 billion. (more…)
Apr
26
By EDITORIAL More by this Author Kenya needs to take a serious look at its infrastructure development plan following the failure of its bid to obtain additional funding to extend the Standard Gauge Railway from Naivasha to Kisumu and ultimately the Uganda …



