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
Cyrus Jirongo Dies
Oketch Salah, Raila’s Confidant Now Swimming in Power Doesn’t Go Without Controversies
Shanta Gold’s Sh680 Billion Gold Discovery in Kakamega Becomes A Nightmare For Community With Deaths, Investors Scare
Official: Guinness World Records Certifies Truphena Muthoni’s 48-Hour Tree-Hugging Marathon
Why Truphena Muthoni Can’t Celebrate Her 72-Hours Tree Hugging World Record
Ghanaian Influencer Charged Over $8m Scam Targeting Elderly Americans
Talanta Stadium To Be Renamed Raila Odinga International Stadium, Ruto Announces
Kenya Police Officers Returning From Haiti Recount Horror Experiences of Fighting The Deadly Criminal Gangs
Govt Plans To Hand Over NTSA Driving License Management to A Private Investor
Hass Petroleum Empire Faces Collapse as Court Greenlights KSh 1.2 Billion Property Auction
Kakuzi Investors Face Massive Loss as Land Commission Drops Bombshell Order to Surrender Quarter of Productive Estate
Kenyan Driver Hospitalized After Dubai Assault for Rejecting Gay Advances, Passport Seized as Authorities Remain Silent
Money Bior, Lawyer Stephen Ndeda Among 18 Accused Of Running An International Fraud Ring Involved With Scamming American Investor Sh500 Million
Nestlé Accused of Risking Babies’ Health in Africa with ‘Toxic’ Cerelac Product Sold Highest in Kenya
Construction Of Stalled Yaya Center Block Resumes After More Than 3 Decades and The Concrete Story Behind It
INSIDER LEAK REVEALS ROT AT KWS TOP EXECUTIVES
How Somali Money From Minnesota Fraud Ended In Funding Nairobi Real Estate Boom, Al Shabaab Attracting Trump’s Wrath
BANKS BETRAYAL: How Equity Bank Allegedly Helped Thieves Loot Sh10 Million From Family’s Savings in Lightning Fast Court Scam
CNN Reveals Massive Killings, Secret Graves In Tanzania and Coverup By the Govt
How Land Grabbing Cartels Have Captured Ardhi House
-
Investigations2 weeks agoMoney Bior, Lawyer Stephen Ndeda Among 18 Accused Of Running An International Fraud Ring Involved With Scamming American Investor Sh500 Million
-
Investigations2 weeks agoNestlé Accused of Risking Babies’ Health in Africa with ‘Toxic’ Cerelac Product Sold Highest in Kenya
-
Investigations1 week agoHow Land Grabbing Cartels Have Captured Ardhi House
-
News2 weeks ago48-Year-Old Woman Who Pushed 25-Year-Old Boyfriend To Death From 14th Floor Kilimani Apartment Arrested
-
Investigations2 weeks agoKDC Rocked With Fresh Sh500 Million Tender Scam
-
Grapevine2 weeks agoMP Anthony Kibagendi Assault and Injures Kisii Man He Accuses Of Sleeping With One Of His Girlfriends
-
Investigations3 days agoInside the Deadly CBD Chase That Left Two Suspects Down After Targeting Equity Bank Customer Amid Insider Leak Fears
-
Business2 weeks agoHow Dinesh Construction Engaged In Tax Fraud Using ‘Missing Trader’ Scheme