By ALLAN OLINGOMore by this AuthorKenya earned Sh7.54 billion in the nine months to September last year from the Standard Gauge Railway (SGR) freight business. Latest data from the Kenya National Bureau of Statistics (KNBS), as provided by the Kenya Railways, shows SGR cargo earnings in the nine months almost doubled, compared to its 2018 earnings, which stood at Sh4.09 billion. PROMOTIONAL TARRIFFThe income almost doubled in April last year, after Kenya Railways ended the promotional tariff and reverted to the charges it had agreed on with the Transport ministry and the Kenya Ports Authority. China Road and Bridge Corporation runs the SGR cargo and passenger services for an undisclosed management fee. IMPROVED FIGURESAugust was the highest grossing month for the line, earning Kenya Railways and the Chinese concessionaire, China Communications Construction Company, Sh1.15 billion, from the 430,450 tonnes it moved.

Source: Daily Nation March 13, 2020 07:52 UTC