Standard Gauge Railway earnings more than doubled between January and September 2019, new data shows. Kenya National Bureau of Statistics data indicates that revenue from the railway line grew by 135 per cent to Sh8.82 billion compared to Sh3.74 billion over the same period in 2018, largely driven by increased freight hauling. During the review period, revenue from SGR freight services nearly tripled to Sh7.54 billion from Sh2.61 billion in 2018. On the other hand, passenger services grew at a much slower pace of 13 per cent to Sh1.28 billion. This year, another Sh71.4 billion is expected to go towards China Exim Bank for the loan extended to finance the first phase of the Standard Gauge Railway.

Source: The Star January 17, 2020 00:56 UTC