The government is negotiating with China for a loan of about Sh370 billion to complete the third phase of the standard gauge railway.
The Standard Gauge Railway (SGR) linking Nairobi and Mombasa has been listed among the world’s top 13 rail tours for 2019.
Kenya’s key strategic assets at home and abroad will not be protected by “sovereignty” and risk being seized by the Chinese government should there be a default in repaying the Standard Gauge Railway loan, a copy of the contract seen by the…
The number of coaches on the standard gauge railway (SGR) Madaraka Express train between Nairobi and Mombasa is set to drop in the next one day as passenger numbers reduce after the festive season.
China has denied having attached Mombasa port as collateral to its funding of the standard gauge railway line.
Pleasant surprise to passengers: President Uhuru Kenyatta has taken his second trip on Madaraka Express since launching the service in May 2017.
Kenya could lose the ports of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of Sh227 billion owed to Exim Bank of China.
A businessman at the centre of questionable payments from the Standard Gauge Railway (SGR) compensations received Sh221, 375,000.