Kenyan Wall Street | by Jackson Okoth
Kenya Railways Corporation recorded a loss of KSh24.2 Billion in the period ending June 30th, 2020, compared to KSh 8.5 Billion in the previous financial year.
According to figures contained in the Consolidated National Government Investment Report 2020, presented to parliament by Treasury Cabinet Secretary Ukur Yatani, Kenya Railways owed the Government an outstanding loan amounting to KSh 539.3 Billion out of a total of KSh 928.9 Billion that State corporations owed the Government at the end of the last financial year…
