Mr Black
Elder Lister
So the SGR failed to breakeven for the fourth year running, Dr. Ndii warned us numerously to no avail, he may be hateful and rough on the edges but he is brilliant at what he does. Machos tupu
Here is an excerpt from an article he penned in 2018
At the centre of this con is the same man behind BBI, another boldfaced con which will leave us all much worse than we are right now, please thoroughly interrogate anything this con artist proposes before buying it, múkarÃrÃra kioro
Here is an excerpt from an article he penned in 2018
In the beginning was a fiction – that the Chinese railway would freight 22 million tonnes a year, and in so doing, replace the trucking business. Turns out – and this from the government’s own internal assessments – that the maximum amount of annual freight on the SGR is 8.76 million tonnes, almost a third of what was promised. Interest alone on the $3 billion debt is in US$200 million (KSh 20 billion) per year, which works out to KSh 45,000 – KSh 60,000 per container. Contrary to official assurances, explains DAVID NDII, the railway will require both State coercion and a massive public subsidy to stay in business.
SGR by the Numbers: Some Unpleasant Arithmetic
In the beginning was a fiction - that the Chinese railway would freight 22 million tonnes a year, and in so doing, replace the trucking business. Turns out - and this from the government’s own internal assessments - that the maximum amount of annual freight on the SGR is 8.76 million tonnes...
www.theelephant.info
At the centre of this con is the same man behind BBI, another boldfaced con which will leave us all much worse than we are right now, please thoroughly interrogate anything this con artist proposes before buying it, múkarÃrÃra kioro