Kenya borrowed $5.08 billion (Sh656.54 billion) from China Export-Import Bank (Exim) for the construction of two phases of ...
The government plans a 15-year securitised bond backed by the railway levy to extend the SGR after China’s funding freeze.
Tuko News on MSN
IMF forces Kenya to pay SGR dollar loans in Chinese yuan
The International Monetary Fund (IMF) pressured Kenya to settle its SGR loans in Chinese yuan, shifting from US dollars.
Move expected to cut Kenya’s annual debt-servicing costs by US$215 million also fits into China’s broader goal of yuan ...
Several Kenyans have fallen prey to the SGR ticketing fraud, compelling Kenya Railways to issue an update on the matter.
The Kenya Railways Corporation (KRC) has raised the alarm over a surge in fraudulent online booking websites and social media ...
Kenya plans to issue $1.3B in sovereign bonds to clear infrastructure arrears Funds to repay short-term loan, ease fiscal strain from stalled public projects Government eyes infrastructure and wealth ...
The Star on MSN
Kenya eyes railway levy for SGR extension to Kisumu–Malaba
Block containers being transported by train from Mombasa to Nairobi/FILEKenya plans to utilise the railway levy charged on imported goods to boostfunding for the extension of the Standard Gauge ...
The SGR did not arrive as a scheme imposed from abroad. It is a centrepiece of Vision 2030, Kenya’s long-term plan to close historic infrastructure gaps that have constrained growth. Replacing a ...
Please enable JavaScript to read this content. Pacific International Shipping Line (PIL) Kenya assistant manager Siva Kumar (right) and Kenya Railways Business ...
The recent announcement by Uganda that it would start the construction of the standard gauge railway (SGR) in August is welcome news as it revives hopes for the extension of Kenya's $2.39 billion ...
When President William Ruto announced his new long-term plan, Vision 2055, which aims to transform Kenya into a first-world ...
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