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TransCentury gets bloody nose over RVR share deal

By Jackson Okoth

TransCentury through its wholly owned subsidiary, Safari Rail Company Ltd, disposed of its entire shareholding in RVR to Citadel Capital of Egypt on March 31 this year.

The final push out of the Rift Valley Railways (RVR) boardroom of TransCentury Limited by its partner Citadel— has left a hole in the former’s pockets.

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