News
SGR Passengers Drop By 65,000
The Standard Gauge Railway (SGR) has recorded a 65,000 passenger drop and reduced cargo volumes in the first quarter of 2024.
A report released by the Kenya Bureau of Statistics (KNBS) noted that on average, the transportation and storage sector’s real GDP registered an estimated decelerated growth of 3.8pc in the first quarter of 2024 compared to a 6.6pc growth recorded in the same quarter of 2023.
The number of passengers transported via Standard Gauge Railway (SGR) declined by 11.0pc from 597.5 thousand in the first quarter of 2023 to 531.7 thousand in the first quarter of 2024.
Similarly, the freight haulage via SGR declined by 17.4pc from 1,577.9 thousand metric tonnes in the first quarter of 2023 to 1,303.3 thousand metric tonnes in the period under review.
While SGR continued to struggle with cargo and passenger volumes, KNBS noted that the revenues increased marginally.
This could be attributed to a 50pc ticket price hike introduced in January 2024.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
CS Kabogo Pushes for Stronger TikTok Regulation Ahead of Next Elections
Oil Prices Fall After Trump Warns Iran Over Strait Of Hormuz
TikToker ‘Billionaire Son’ Arrested After Filming Himself Tearing Sh100 Bank Notes
Waweru’s Bank Pockets Sh1.16 Billion from KPC IPO While Ordinary Kenyans Fled the Sale
The Man With The Golden Pen: How NLC’s Joel Ombati Is Accused Of Masterminding Kenya’s Biggest Infrastructure Land Heist
Putin Says Energy Crisis Has Arrived But Russia Is Ready To Work With Europe
Trump Hints End Of Iran War In Sight, Saying Operations ‘Very Complete’
Russia-Backed Hackers Breach Signal, WhatsApp Accounts Of Officials, Journalists, Netherlands Warns
Chairing The Referee: Kittony’s Dual Roles Cast Shadows Over KQ’s Governance Revival
KPA To Be Dissolved, Replaced By A Liability Firm As Govt Sets To Privatise Lamu Port And Two Mombasa Berths
Alleged Male Lover Claims His Life Is in Danger, Leaks Screenshots and Private Videos Linking SportPesa CEO Ronald Karauri
Russian Man’s Secret Sex Recordings Ignite Fury as Questions Mount Over Consent and Easy Pick-Ups in Nairobi
THE FIRM IN THE DOCK: How Kaplan and Stratton Became the Most Scrutinised Law Firm in Kenya
Multi-Million Dollar Fraud: Three Kenyans Face US Extradition in Massive Cybercrime Conspiracy
Iran Demands Arrest, Prosecution Of Kenya’s Cup of Joe Director Director Over Sh2.6 Billion Tea Fraud
Ex-Inchcape Kenya CEO Sanjiv Shah Charged With Bank Fraud
FBI Investigates Congresswoman Ilhan Omar’s Husband’s Sh3.8 Billion Businesses in Kenya, Somalia and Dubai
A UN Director Based in Nairobi Was Deep in an Intimate Friendship With Epstein — He Even Sent Her a Sex Toy
A Farm in Kenya’s Rift Valley Ignites a National Reckoning With Israeli Investment
Sifuna, Babu Owino Are Uhuru’s Project, Orengo Is Opportunist, Inconsequential in Kenyan Politics, Miguna Says
-
News5 days agoEx-Inchcape Kenya CEO Sanjiv Shah Charged With Bank Fraud
-
Development1 week agoKenya Strips Dutch Climate Body of Diplomatic Immunity Amid Donor Fraud Scandal and Allegations of Executive Capture
-
Business2 weeks agoAmerican Investor Claims He Was Scammed Sh225 Million in 88 Nairobi Real Estate Deal
-
Politics1 week agoNIS Kismu Hotel Secret Tape That Sealed Gachagua’s Fate and MP Ng’eno Death in A Chopper Crash
-
News1 week agoInvestor Sued Over Sh30,000 Fee to Access Runda Road
-
Investigations2 weeks agoDid Festus Omwamba Take the Fall? The Puzzle of a Senator’s Ouster and a Call to the CS
-
Investigations1 week agoI Swore Never To Hire The Chopper Again, Author Recalls Harrowing Experience in Helicopter That Killed MP Ng’eno Alleges Poor Maintenance By Owners
-
Investigations1 day agoSOLD TO THE BULLET: How the Bodyguard Handed MP Ong’ondo Were to His Killers