Business Daily | by Edwin Mutai
Parliament wants the standard gauge railway (SGR) operating costs cut by half and the terms of the loan taken to finance its construction renegotiated to ease pressure on taxpayers.
The Transport committee of the National Assembly said the current huge operating losses on the SGR, coupled with the Chinese debt repayment obligations, warranted an urgent review to protect taxpayers already strained by the economic fallout due to the Covid-19 pandemic…
