Kenya has announced a sharp increase in passenger fares on the Chinese-built Standard Gauge Railway as the country struggles with repaying loans owed to Beijing and others along with higher fuel prices. That affects travel between the capital, Nairobi, and the port city of Mombasa. They also affect Nairobi's commuter rail and safari tourist trains.
NAIROBI, Kenya — Kenya announced Wednesday a sharp increase in passenger fares on the Chinese-built Standard Gauge Railway as the country struggles with repaying loans owed to Beijing and others along with higher fuel prices.
Kenya Railways cited the global rise in fuel prices: “This increase is informed by changes in the energy and petroleum sector, where prices of fuel have significantly increased, thus affecting the cost of our operations.” The Standard Gauge Railway, or SGR, which cost $4.7 billion borrowed from Chinese banks, started operations in 2017 but has struggled with low uptake of its cargo services.
“The SGR, as is, is a dud. To make it sustainable, it needs to connect Uganda’s oil to the sea, and minerals,” Satchu added.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Missed Connection – “in Nairobi for work”Welcome to the beautiful life
Baca lebih lajut »
Britain's King Charles begins Kenya visit steeped in 'painful' colonial historyBritain's King Charles begins a four-day state visit to Kenya on Tuesday, his first to a former colony, during which he plans to acknowledge 'painful aspects' of a shared history that included almost seven decades of colonial rule.
Baca lebih lajut »
Why State Visit to Kenya Is 'Hugely Important' for King CharlesKing Charles and Queen Camilla's visit to Kenya comes as the monarchy moves towards addressing a complicated history of colonialism.
Baca lebih lajut »
King Charles is in Kenya for state visit, his first to a Commonwealth country as kingKing Charles III has arrived in Kenya for his first state visit to a Commonwealth country as king, underscoring his commitment to an organization that’s been central to Britain’s global power and prestige since World War II
Baca lebih lajut »
King Charles Stops Short of Apologizing for Colonial Abuses in KenyaAt the state banquet in Nairobi, he seemed unwilling to outright apologize for “the wrongs of the past” or to open a conversation about reparations.
Baca lebih lajut »
King Charles Officially Acknowledged Britain's Past 'Wrongdoings' in KenyaKing Charles made an emotional speech during his state visit to Kenya that acknowledged Britain's role in country's colonial history.
Baca lebih lajut »