Kenya SGR revenues revealed
Posted: 07 Dec 2019, 17:40
Sh10.1bn SGR revenues revealed
The standard gauge railway (SGR) line raked in sales of Sh10.1billion in its second full year of operations, signalling that the mega project will take longer to break even...
The revenues were not enough to meet the operation costs, which are estimated at Sh1.5 billion a month or Sh18 billion a year. Kenya Railways had budgeted to earn some Sh24 billion from the cargo service in the year to June, falling 65.56 percent below target...