N
Originally published by Nation Business
📰 Read Full Article
business
September 9, 2026
12h ago

Railways legacy business operating losses widen to Sh2.89bn

Railways legacy business operating losses widen to Sh2.89bn

Better performance by SGR helped cover legacy business losses...

✨ Key Highlights

The Kenya Railways Corporation (KRC) has seen its legacy business operating losses widen to Sh2.89 billion for the year ended June 30, an increase of Sh719.6 million from the previous year.

  • The meter-gauge railway (MGR) freight service was the primary contributor to the operating loss, recording Sh2.07 billion.
  • The performance of the Standard Gauge Railway (SGR), however, helped the KRC post an overall operating profit of Sh1.63 billion.
  • Other legacy businesses including the Mv Uhuru and the Railways Training Institute (RTI) also incurred operating losses.

Continue Reading

Read the complete article from Nation Business

📰 Read Full Article
Advertisement
Advertisement