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KRC Fails to Repay Ksh569 Billion SGR Loan
Nancy Osumba November 5, 2025

The Kenya Railways Corporation (KRC) has defaulted on a six-year Standard Gauge Railway (SGR) loan worth Ksh569 billion, raising concerns over Kenya’s debt exposure and the viability of the multi-billion-shilling transport project. According to the Auditor-General Nancy Gathungu’s report, for the financial year ending June 2024, KRC failed to meet the repayment obligations for the […]

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