Page 1 of 1

Kenya Railways optimistic as rail revenues hit new high

Posted: 09 May 2022, 15:24
by John Ashworth
Kenya Railways optimistic as rail revenues hit new high
KenyaRailways is optimistic of a stronger performance this year as investment in the sector starts to pay off. This is after both the Standard Gauge Railway (SGR) and Metre Gauge Railway(MGR) posted a strong performance in 2021 , with increases in revenues from both passenger and cargo services. Earnings from the Madaraka Express more than doubled to Sh2.2 billion from Sh896 million in 2020, the Economic Survey 2022 shows...