Kenya is paying Sh1 billion every month to the Chinese to run the Standard Gauge Railway, a project initially meant to evoke pride and nationhood for citizens. The Sunday Standard has gained exclusive access to the contract between China Road and Bridge Corporation (CRBC) and the Kenyan Government, that has condemned Kenyans to paying Sh31 million every day for the running of the Madaraka Express. ALSO READ: Shocking details behind SGR An insider who was part of team that drafted the Operations and Maintenance Contract says that initially Kenya Railways (KR) had wanted to pay CRBC a management fee for operating the railway and then reimburse them at the end of every quarter the costs involved in running the railway. The contract also required KR to make an interest-free advance payment of Sh3.5 billion
Read more at: https://www.standardmedia.co.ke/article/2001287144/the-great-sgr-black-hole
Better than letting Kenyans run it to the ground.
Kama sio @spear wachana mambo development. … enda kanisa
Really, 31M everyday? Where is that money coming from? SGR was/is/will always be a scam.
mbora uhai tu uhai:D
ULLIAM Rootall for 2022. kenya kwisha
Kwisha
So the British colonialists should come back and run the government now that we are running it into the ground?
Other effects of the SGR.
Tragic.
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The benefits of a project of this magnitude cannot be determined via simple mathematics. That’s what we are told. But cut ya tenderpreneur is determined through class-5 maths. Kumi fresh.
Shida Utapata 3/4 of that 31m a day is going into someones pocket
na hio ni maendeleo ,nyamagui
nenge kisamu