SGR turning out to be a great investment

[RV Pundit]

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https://www.nation.co.ke/news/Chinese-to-work-at-SGR-till-2027/1056-4668756-xrjdlw/index.html

[RVtitem]

https://www.standardmedia.co.ke/business/article/2001288487/sgr-makes-sh10-billion-loss-in-first-year

[gout]

This will end up badly for its defenders and worse for taxpayers.

https://www.standardmedia.co.ke/business/article/2001288334/why-ruto-s-claims-on-sgr-untrue

The Transport ministry has defended the Sh1.7 billion-a-month cost of running SGR and has assured Kenyans that the line is making profit and will by 2020 pay back its loan.

projects that the railway will make a profit of Sh5.08 billion between now and June next year, averaging Sh424 million earnings per monthhttps://www.standardmedia.co.ke/business/article/2001288487/sgr-makes-sh10-billion-loss-in-first-year

[Globalcitizen12]

This thing is waste of resources..only politcal goons like pundit can support such nonsense

[Kadudu]

How? Very big fat lie. Only Donald Trump can make such big lies in public without feeling embarrassed.

The Transport ministry has defended the Sh1.7 billion-a-month cost of running SGR and has assured Kenyans that the line is making profit and will by 2020 pay back its loan.

[GeeMail]

Pundits consider project launches very high up there with FDI.

[RV Pundit]

Still waiting for sensible post to respond to.

[Pragmatic]

On SGR, you are an incorrigible apologist blinded by something i cant fathom. You have actually lost your thinking mind. The story below doesn't even begin to make sense. You have totally refused to see sense. The SGR is a railway to nowhere near breaking even (to Shanghai....as the Makueni Senator said). You continue to believe the sordid lies by the bureaucrats who themselves say that last year it made a Shs. 10b loss and then proceed to say that by next year it would be breaking even.....and mark you, mostly driven by passenger traffic not even cargo!!!

I would justify investment by the multiplier effect. The SGR doesn't even begin to get there. The multiplier effect which one would be wont to look at to justify it would quickly conclude that it would have been best to revive the old line; upgrade some of the stations and sleeping towns and have a nationwide network roaring back to life. No need for the Swazuri inspired theft in land compensation and what not. This would have saved us billions with whatever that would have gone into the rehabilitation being very well spent indeed.

https://www.nation.co.ke/news/Chinese-to-work-at-SGR-till-2027/1056-4668756-xrjdlw/index.html

[RV Pundit]

We are well into 8-9 daily cargo train - moving to 12 cargo trains daily by Dec - and by next year well into 20 cargo trains daily. This thing is going to be super-profitable before we have to repay the principal. NBO-Mombasa was never in doubt. What is in doubt is NBO to Malaba.

On SGR, you are an incorrigible apologist blinded by something i cant fathom. You have actually lost your thinking mind. The story below doesn't even begin to make sense. You have totally refused to see sense. The SGR is a railway to nowhere near breaking even (to Shanghai....as the Makueni Senator said). You continue to believe the sordid lies by the bureaucrats who themselves say that last year it made a Shs. 10b loss and then proceed to say that by next year it would be breaking even.....and mark you, mostly driven by passenger traffic not even cargo!!!

I would justify investment by the multiplier effect. The SGR doesn't even begin to get there. The multiplier effect which one would be wont to look at to justify it would quickly conclude that it would have been best to revive the old line; upgrade some of the stations and sleeping towns and have a nationwide network roaring back to life. No need for the Swazuri inspired theft in land compensation and what not. This would have saved us billions with whatever that would have gone into the rehabilitation being very well spent indeed.

https://www.nation.co.ke/news/Chinese-to-work-at-SGR-till-2027/1056-4668756-xrjdlw/index.html

[gout]

The likes of Manu Chandaria are very happy for being subsidized by our Mpesa and airtime taxes without passing any benefit to us in price reduction.

[RV Pundit]

The guys running the rail are saying we are doing so well.
https://www.nation.co.ke/oped/opinion/SGR-puts-Kenya-on-track-to-achieving-higher-economic-growth/440808-4671796-8jtg0a/index.html