Pundit thinks economy and market is something you can rig

[KenyanPlato]

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with shiny infrastructure. North korea has on the face of it very good roads and railway system but the citizens are feeding on pigs feces

GoK Report pic.twitter.com/CFrc3iPP0k

— David Ndii (@DavidNdii) September 1, 2020

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[RV Pundit]

Railways are best when they are hauling unconventional cargo. Trucks are competitive on containers.

Unconventional cargo - stuff that can exceed the usual 28 tonnes -  like minerals (iron ore), cereals, clinker, oil, steel, name it.

Bulky dirty kind of stuff. SGR should aim to carry that segment of cargo - very profitable for them - and a few containers.

We will get there.

[KenyanPlato]

Railways are best when they are hauling unconventional cargo. Trucks are competitive on containers.

Unconventional cargo - stuff that can exceed the usual 28 tonnes -  like minerals (iron ore), cereals, clinker, oil, steel, name it.

Bulky dirty kind of stuff. SGR should aim to carry that segment of cargo - very profitable for them - and a few containers.

We will get there.

Where is the bulk stuff that needs to hauled in kenya?

[gout]

This would have been cheaply hauled by old rail but Uhuru had to plug 500b hole into our economy. I don't see how it will last up to 2022 even with government crazy bulldozing given corona disruption of supply chains and with Tanzania hapa kazi better positioning.  The only reason why it is still running is the lucrative running contract by Afristar just like the offshore accounts keep dead KQ running on tax billions as doctors.

Railways are best when they are hauling unconventional cargo. Trucks are competitive on containers.

Unconventional cargo - stuff that can exceed the usual 28 tonnes -  like minerals (iron ore), cereals, clinker, oil, steel, name it.

Bulky dirty kind of stuff. SGR should aim to carry that segment of cargo - very profitable for them - and a few containers.

We will get there.

[RV Pundit]

SGR is long term. If anything - it's kept the truck pricing lower.
It was already 1,000usd and it came down to now 700-800usd from NBI-MSA - thanks to SGR.
SGR has little issues - mostly last mile - that it need to fix - by rehabilitating old railway and adding new lines to major consumers.

Kibaki screwed up old MGR by giving a south african conman to run it  for 25yrs. Not really kibaki - but World Bank IFC.

We lost many years to that South African broke arse who could not even paint the trains.

This would have been cheaply hauled by old rail but Uhuru had to plug 500b hole into our economy. I don't see how it will last up to 2022 even with government crazy bulldozing given corona disruption of supply chains and with Tanzania hapa kazi better positioning.  The only reason why it is still running is the lucrative running contract by Afristar just like the offshore accounts keep dead KQ running on tax billions as doctors.

[Kadudu]

I thought Pundit answered you "... like minerals (iron ore), cereals, clinker, oil, steel,". 
We have very far to go is my answer to Pundit.

Where is the bulk stuff that needs to hauled in kenya?

[RV Pundit]

And what hurry..the loan is 30yrs

[Arcadian_Dreamer]

And what hurry..the loan is 30yrs

This is not sustainable, I see a default at some point.

[RV Pundit]

ethiopia asked for debt rescheduling - chinese accepted.

And what hurry..the loan is 30yrs

This is not sustainable, I see a default at some point.

[Arcadian_Dreamer]

Ethiopia asked for debt rescheduling - Chinese accepted.

That is stage one in China's debt trap strategy

Sri Lanka was given the same grace period before their port was taken over.

Ethiopia will still not be able to service the their rescheduled debt.

SGR debt is unsustainable something has to give.

[Arcadian_Dreamer]

ethiopia asked for debt rescheduling - chinese accepted.

"China is Kenya’s largest lender, accounting for 72 percent of all its foreign debts set to surpass the 5 trillion Shilling mark (42.8 billion euros). That accounts for more than 60 percent of the country’s Gross Domestic Product."

"Kenya is set to spend a staggering 800 billion Shillings (6.8 billion euros) in 2019 to service its debts, becoming the third indebted country behind Angola at 36 billion euros and Ethiopia at 11 billion euros."

Ukiona mwenzio akinyolewa, yako tia maji!