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SGR Progress thus far
hardwood
#1221 Posted : Saturday, June 02, 2018 2:09:55 PM
Rank: Elder

Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
kawi254 wrote:
SGR Levy collected since 2013 + SGR revenue is banked into an escrow account and used to pay SGR Loan. The shortfall will be paid with your taxes or 4th,5th,..,Nth eurobonds loans


The govt has been collecting billions in railway development levy charged at 1.5% on all imports and therefore the railway will be paid for even if it doesn't make even a single cent.
Siringi
#1222 Posted : Saturday, June 02, 2018 4:56:28 PM
Rank: Elder

Joined: 6/8/2013
Posts: 2,517
Impunity wrote:
One year down the line:
SGR raked in kes.1B in past one year of operations...326B remaining to break even...and that's not considering the interest accrued,plus the cost of running the line.


The rink has perspectives that we cant ignore
notice however cargo has not peaked and was on test run for barely five months



sgr-raked-in-ksh-1b-in-its-first-year-of-service- “The plans we are putting in place it to look at what we require in terms of additional capacity for coaches that should be ready in the next 12 months. Next is to bring in additional locomotives and coaches to provide additional trains service and in the next 24 months we will have taken care of this medium term plan,” said Atanas.

Why is cargo proving quite a hustle for all the stakeholders involved?” we posed to the Kenya Railways Managing Director.

“There are so many handlers involved and with that comes the challenge of adjusting, its a new revolutionary service, as you go through this process you expect such teething problems will be overcome,” answered Atanas.
Initially, cargo was to be cleared in less than six hours but this is yet to be achieved with importers waiting for more than three weeks to access their containers.

“There are KRA issues, there are KPA issue all of which we are working together as a joint team in order to resolve and its just a matter of time before customers start enjoying these services,” said Atanas.

These challenges have, however, seen most importers shy away from the freight services despite huge discounts that have been offered by the government over time


"😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
Cornelius Vanderbilt
#1223 Posted : Sunday, June 03, 2018 7:23:39 PM
Rank: Member

Joined: 8/15/2015
Posts: 817
so SAD!

murchr
#1224 Posted : Sunday, June 03, 2018 9:14:14 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Cornelius Vanderbilt wrote:
so SAD!



Who said anything when Tsavo was being "destroyed"?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
tinker
#1225 Posted : Monday, June 04, 2018 12:05:38 AM
Rank: Member

Joined: 11/15/2010
Posts: 455
Location: Nairobi
Just asking, how about having a ka-road right beside the SGR line..this would reduce travel time for those living in Ngong/Ronga wishibg to go Msa rd /JKIA
....He who began a good work in you will carry it on to completion..
essyk
#1226 Posted : Monday, June 04, 2018 12:22:02 AM
Rank: Elder

Joined: 11/15/2011
Posts: 4,518
tinker wrote:
Just asking, how about having a ka-road right beside the SGR line..this would reduce travel time for those living in Ngong/Ronga wishibg to go Msa rd /JKIA



That will disrupt the wildlife.Not a good idea.
Was there today and only managed to catch a glimpse of a buffalo carcass,giraffes (deep in the park) a grey and tired Ostrich, gazelles, a ka lioness with cubs and 1 masai guy playing alone.
They must be be hiding from humans.
"The true measure of a man is how he treats someone who can do him absolutely no good.
Impunity
#1227 Posted : Monday, June 04, 2018 5:29:52 AM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
essyk wrote:
tinker wrote:
Just asking, how about having a ka-road right beside the SGR line..this would reduce travel time for those living in Ngong/Ronga wishibg to go Msa rd /JKIA



That will disrupt the wildlife.Not a good idea.
Was there today and only managed to catch a glimpse of a buffalo carcass,giraffes (deep in the park) a grey and tired Ostrich, gazelles, a ka lioness with cubs and 1 masai guy playing alone.
They must be be hiding from humans.


Even maasai is hiding from yumans?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

murchr
#1228 Posted : Thursday, June 21, 2018 5:25:33 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Some improvements at the Nairobi Station

Push Cart


Refresher on how to use an escalator




Paul now has a caffe


Priority seating


Value for that 3K






"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Ngogoyo
#1229 Posted : Thursday, June 21, 2018 12:13:24 PM
Rank: Member

Joined: 6/22/2011
Posts: 561
Location: House
Niice.
How is the last mile rail connection from Miritini to Mbsa town going?
murchr
#1230 Posted : Friday, June 22, 2018 1:50:45 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ngogoyo wrote:
Niice.
How is the last mile rail connection from Miritini to Mbsa town going?


Coming along just fine





"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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