“In fact Kipchoge Keino can run faster than our railway,”
#AibuGaniHii

TransCentury will be wise to take the money and run!
I've never had faith in this concession, mired in controversy and bureaucracy at every turn

RVR are in serious default of the agreement. They should be paying us for these default

... so, how much will you get from Umeme if the contract is not renewed?

RVR has not defaulted intentionally. RVR is another Telkom, GoK sold mahewa assets and they know it. For RVR it's even worse, the assumption was that there was a railway that can move goods at internationally accepted speeds well what do you know - 25KPH pap! The amount of cash spent and credit lines in place to fund core items to the efficient running of the railway which was not contemplated is collosal and will certainly see RVR concession renewed when it expires.

Bw Muli is a con, he is cheating us that the contraption at GM will be a functional station jeez, after his Sio Kimau fraud! who should we believe on RVR - a con civil servant or Citadel who put it in hard earned cash in bucket loads?

One of the lessons I learnt is that GoK often has its way.

1) I remain a fan of KK but it can be tiring. The only plus is when the price dips, I buy more but it is a long wait.
2) Look at KPLC. The Rights Issue IM had information on a pending tariff increase. Nothing. And then Ruto beats it over the head in a populist move. I am staying out of Umeme for the same reason.
3) This is Kenya/Africa where you can fight the populism (like KK) but it takes a long time.
4) I think RVR is in breach of various clauses & GoK/GoU may have cause. I am not sure coz I am not a lawyer nor have I read the detailed agreement.

RVR eases tensions after Sh1.7bn rail repairs

Rift Valley Railways (RVR) Tuesday said it completed the repairs of the Mombasa-Nairobi track as the operator races to strengthen relationships with the government that has threatened to review its concession agreement.

The rail firm said it had built 73km of new railway track between Mombasa and Nairobi at Sh1.7 billion and the upgrade had cut cargo delivery time between the two counties by six hours.

This comes as Transport Secretary Michael Kamau put RVR on notice, saying that the performance of the rail business had failed to live up to expectations of the Kenya and Uganda governments seven years since the operator won the concession.

http://www.businessdailyafrica....6/-/6nj00qz/-/index.html

What happened to Brown Ondego's 710B business plan?

I also don't blama TCL and Citadel. They are the victims here. The f-up was from GoK and IFC, the concessioned the railway company to Puffet who was a brief case conman. He had no money and the concession was so watertight he was never to be diluted and he had no money. To move him out it took several years. Then the railway from mombasa has been in shumbles which meant trains only move at 25kph. Majority of the wagons and engines listed in the concession do not exist. Simmilar case to Telkom Kenya. So now RVR is supposed to use half the list and zero railway to meet targets meant for the full list of equipment and a working raily. Tell Kamau to do what he is saying if he has the spine!

What will happen to the old railway line with the coming of the standard gauge line? and what impact will this have on the concession agreement between the government and RVR and by extension transcentury?