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Rift Valley Railways racked up debts of up to Sh16 billion over the 11 years it ran the Kenya-Uganda railway. [File, Standard]
Ugandan has joined Kenya in terminating a concession to run its railway line.
The latest move marks the end of a decade of disappointments and missed opportunities for both countries’ railway sectors after Rift Valley Railways (RVR) failed to live up to its hype when it was given the concession to run the regional rail in 2006.
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