The Train To Slavery, And Naivasha

[Nattydread]

China firm seeks billions before giving Kenya SGR

The Chinese operator of the standard gauge railway (SGR) has demanded billions of shillings in unpaid bills.

www.businessdailyafrica.com

 

[The.Black.Templar]

Parliament last year revealed that Kenya had not paid Sh38 billion to Afristar, which is majority-owned by China Road and Bridge Corporation (CRBC) and was contracted in May 2017 to run the passenger and cargo trains on the SGR.

Who owns the rest of the shares....and how come there are no pictures of the Naivasha Terminus?

 

[Budspencer]

Who owns the rest of the shares?

Hapo utangoja.

 

[Kender9]

Let's just say that the executive has completely failed to manage this country's economic affairs.

 

[Ngimanene na Muchere]

Hapo utangoja.

Tuulize gavament apologist @Mwalimu-G na gavament peeps @bigDog ?

 

[Ramiran]

What is debt trap explain?

Debt trap is a situation where the debtor will not be able to repay the debt incurred. Debt trap situation may arise due to the higher interest rates or change in terms and conditions of debt incurred. Normally, debt trap will result in default of payments or bankruptcies.