The Standard | by Fredrick Obura
Kenya is not at risk of losing Mombasa Port any soon over debt, Treasury Cabinet Secretary Ukur Yattani said on Monday.
He was reacting to an article in a local daily which reported that China could seize Mombasa port over Sh364 billion Standard Gauge Railway (SGR) loan.
In reference to a report tabled in parliament by the Auditor General, the writer wrote that the assets of the Kenya Ports Authority (KPA) were used as collateral for the multi-billion loan…
