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Radio Generation Kenya

SGR

Raila dream alive’ says Junet fires at SGR critics
Politics

Raila dream alive’ says Junet fires at SGR critics

Addressing the gathering, Junet dismissed claims that the railway was a “rail to nowhere,” arguing that such views were based on a lack of understanding of the project’s broader plan. He maintained that the railway has always been intended to grow into a key link connecting Kenya to the wider region.

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Kenya pushes back SGR loan repayment to 2040 to ease debt burden
Business

Kenya pushes back SGR loan repayment to 2040 to ease debt burden

Kenya borrowed Sh655 billion ($5.08 billion) from the China Export-Import Bank in the year ending June 2015 for the SGR project, covering the Mombasa-Nairobi section and the subsequent line to Naivasha. Since then, the country has been servicing the loans by paying interest twice annually, in January and July, with the initial maturity ranging between January 2029 and July 2035.

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