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SGR makes Sh10 billion loss in first year

Transport CS James Macharia when he appeared before the National Assembly Transport Committee on SGR at Continental House, Nairobi. [Boniface Okendo/Standard]

The Standard Gauge Railway (SGR) made a Sh9.89 billion loss in its first year of operation, according to the latest figures from the Ministry of Transport.

Documents tabled by Transport and Infrastructure Cabinet Secretary James Macharia before National Assembly’s Transport Committee yesterday revealed that the Chinese-built railway averaged a monthly loss of Sh750.7 million in the 2017/18 financial year largely as a result of low cargo business.

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