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SGR officially dead. What next?
Rank: Elder Joined: 6/8/2013 Posts: 2,517
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Passenger Service was not and is not the core business of SGR. Cargo Is. But even Cargo the arithmetic is not making sense. The pricing vis-à-vis trucking is like heaven and earth . The feasibility study must have been bullcrap "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Member Joined: 8/17/2010 Posts: 110 Location: Nairobi
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Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Increasing frequency will make it worse by increasing operational costs. The problem of SGR is the costs were highly inflated beyond kenya's economy means. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Be realistic there are no such numbers even with the current two trains daily both ways sometimes the train is half empty! It only peaks at end of school terms and holidays when they add coaches "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Elder Joined: 3/29/2011 Posts: 2,242
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Siringi wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Passenger Service was not and is not the core business of SGR. Cargo Is. But even Cargo the arithmetic is not making sense. The pricing vis-à-vis trucking is like heaven and earth . The feasibility study must have been bullcrap SGR like many public enterprises will never return a profit or ven pay back in our life' time. I doubt even the Chinese expect us to repay the loans comfortably but they keeep pumping funds as part of their global belts projects. Our SGR is just like our our KQ, a source of national pride but a disgraced enterprise which turn losses years round. "Things that matter most must never be at the mercy of things that matter least." Goethe
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged
KQ ABP 4.26
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Rank: Elder Joined: 6/8/2013 Posts: 2,517
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obiero wrote:Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged Simple question really who are these mysterious local partners and how were they sourced and for what consideration we were shafted on the Safaricom IPO by Mobitelea this is another Mobitelea in the offing "😖😡KQ makes money for everyone except the shareholder 😏😏 " overheard in Wazua
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Siringi wrote:obiero wrote:Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged Simple question really who are these mysterious local partners and how were they sourced and for what consideration we were shafted on the Safaricom IPO by Mobitelea this is another Mobitelea in the offing Sensationalism
KQ ABP 4.26
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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obiero wrote:Siringi wrote:obiero wrote:Why wouldn't we want local shareholders in SGR? They should list the bloody thing on NSE for all I know.. It's on our soil and public ownership is encouraged Simple question really who are these mysterious local partners and how were they sourced and for what consideration we were shafted on the Safaricom IPO by Mobitelea this is another Mobitelea in the offing Sensationalism The question then is why have they been secretive?
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Can the line even handle trains running at 160 Km/h? In China, they have true high-speed trains going at 300+ km/h. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,342 Location: Nairobi
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Gathige wrote:Siringi wrote:obiero wrote:Ericsson wrote:obiero wrote:The ticket price is basically too low True there Obiero Before The president launched it,the Chinese were not for the low fares GoK announced. The economy class wasn't supposed to be there,the cheapest fare and class was the current first class which was to be economy class then business and first class just like we have for air travel. KES 1,000 for the comfort on offer is bad business costing.. They should aim to reprice it at KES 2,000 Passenger Service was not and is not the core business of SGR. Cargo Is. But even Cargo the arithmetic is not making sense. The pricing vis-à-vis trucking is like heaven and earth . The feasibility study must have been bullcrap SGR like many public enterprises will never return a profit or ven pay back in our life' time. I doubt even the Chinese expect us to repay the loans comfortably but they keeep pumping funds as part of their global belts projects. Our SGR is just like our our KQ, a source of national pride but a disgraced enterprise which turn losses years round. "Source of National Pride"?  Neither. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 4/12/2019 Posts: 18
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I have always been quite sceptical about this sort of development in state. These situations could be seen in past on several occasions. First government says that they dont have money to finish project, and then some mysterious saviour shows up and bring money !? I mean, what’s going on?
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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VituVingiSana wrote:Conquestador wrote:Is increasing the frequency of passenger train a better option? Have a train each direction every 2hrs. Make ticketing simple and straight forward.
Obtain faster engines to do Nrb-MSA in 3 hours
Can the line even handle trains running at 160 Km/h? In China, they have true high-speed trains going at 300+ km/h. That thing moves at 120kph which isn't world's apart from 160kph
KQ ABP 4.26
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SGR officially dead. What next?
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