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Saturday 25th October 2014

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New railway project could break even after 20 years

New railway project could break even after 20 years

Media Coverage - 24 July 2014

The railway operator, Rift Valley Railways, blamed the government for contributing less funds for the management of the railway line. The director of external affairs, Cosma Gatere said that they charge more in cargo transport in order to avoid cost overrun, thus consumers prefer the long haul truck...

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State shops for management experts to run new rail…

State shops for management experts to run new rail system

Media Coverage - 24 July 2014

The government plans to outsource the management of the planned high-speed Standard Gauge Railway (SGR) to an international firm. The decision, according to Solomon Ouna, project manager in-charge of the SGR Development is informed by the lack of capacity to run high speed modern system by the Kenya...

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High wagon costs lock local transporters out of rail…

High wagon costs lock local transporters out of rail deals

Media Coverage - 24 July 2014

The Sh1.3 billion investment required to own wagons and locomotives is shutting out transporters from partnering with operators, Kenya Railways Corporation (KRC) has said. To participate as a wagon owner, a private transporter requires not less than 100 wagons, costing about Sh1.3 billion since the ...

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Africa: China Tightens Grip On Africa

Africa: China Tightens Grip On Africa

Media Coverage - 28 May 2014

David Owiro, project officer at local think tank, the Institute of Economic Affairs (IEA), tells IPS that "[Chinese] prices are competitive and their products also meet African's tastes and preferences compared to products from the West." However, experts warn that significant trade imbalances exist...

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Queries arise as Kenya-China seal economic pacts

Queries arise as Kenya-China seal economic pacts

Media Coverage - 12 May 2014

China has successfully wooed the last of the stubborn damsels in her sights in her quest for world domination and on her journey to another stab at becoming the world’s largest economy. Although the aid is a welcome move for economies entangled in budget deficits across the continent, recurrent ques...

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