@Standard

KPA demands Sh930m from Kenya Railways - 7 months ago, 13 July 00:09

By: Geoffrey Mosoku

Kenya Ports Authority (KPA) is demanding more than Sh930 million for its labour and equipment used to load goods on Standard Gauge Railway (SGR) freight trains.

Former KPA boss Catherine Mturi-Wairi wrote to Kenya Railways Managing Director Atanas Maina demanding Sh930,520,000 incurred between January to March. “The authority has supported the SGR project in various ways, from the construction stage of port relief lines to the launch of Madaraka commercial freight trains. KPA also reviewed its tariffs to encourage customers to use SGR,” says the letter dated May 2.

It adds: “The purpose of this letter is to request you to remit Sh930,520,000, being the charge of hire of labour and equipment from January 2018 to March 2018.”

Mrs Wairi was suspended three weeks after the letter, but later resigned even after the High Court reinstated her.

In February, KPA lowered container handling charges in a push by the Government to ...
Read More


Category: business news

Suggested

5 hours ago, 06:42
ARM hires managers from Indian company

ARM Cement #ticker:ARM is set to hire a management team from Indian advisory firm Holtec Consulting to fill gaps left by a mix of sackings and staff exits. The Nairobi Securities Exchange-listed firm ...

Category: business lifestyle markets news opinion corporate economy
5 hours ago, 06:29
Mall builders faulted for ignoring smaller cities

Mall developers and other businesses shun rural populations despite potential for huge margins provided for businesses, a new report shows. The report by Fraym, a geospatial data company that tracks ...

Category: topnews news business
4 hours ago, 07:22
Big data can cut cost of health care by 63 per cent, experts say

Kenya’s agenda for universal health care can be achieved faster with big data technology, industry players have said.CarePay chief executive Kees Van Lede, while releasing a status update of the ...

Category: topnews news business
4 hours ago, 07:42
Kenya’s total debt now at Sh11.9 trillion with over half in foreign currency - data

Kenya has at most 17 years to clear her compound debt that stands at almost Sh12 trillion, all factors remaining constant.The amount is way above Kenya’s Gross Domestic Product (GDP) estimated at ...

Category: topnews news business
8 hours ago, 03:00
Firm questioned on Sh300bn urban housing deal

The Nairobi County Assembly has expressed concern about the legality of contracts signed between City Hall and housing developers behind a Sh300 billion project. The urban renewal initiative will see ...

Category: business topnews news
11 hours ago, 00:22
Costly loans eat up Sh69 billion in six months

Interest repayments on Kenyan debt to China and several commercial banks alone gobbled up Sh40.6 billion in six months last year, new data shows. According to the National Treasury’s Quarterly ...

Category: business topnews news