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Taxpayers to foot Sh420m railway repair bill
harrydre
#1 Posted : Tuesday, August 21, 2012 6:32:47 PM
Rank: Elder

Joined: 7/10/2008
Posts: 9,131
Location: Kanjo
We all know who should foot this bill.

Rink
i.am.back!!!!
MaichBlack
#2 Posted : Tuesday, August 21, 2012 7:09:06 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,913
Does that mean the next time I find a group of thugs uprooting a railway line I should deal with them cacamoniously to save MY MONEY???

On a serious note though, under the concession agreement, who owns the railway. If it is the Kenyan government, then footing the bill [and then billing the idiot(s) who uprooted it and/or caused it to be aprooted] makes sense. If it is RVR, then the government should not pay a single cent!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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