Railways tops list of State firms bleeding taxpayer billions

Kenya Railways

A passenger train at the Nairobi Central Railway Station on November 10, 2020. FILE PHOTO | NMG

Kenya Railways Corporation (KRC) topped the list of State agencies and semi-autonomous entities whose losses crossed the Sh1 billion mark in the year ended June 2023, highlighting their increasing burden on taxpayers.

A Treasury report shows KRC made a loss of Sh33.5 billion in the review period followed by the Roads Annuity Fund at Sh12.8 billion, Kenyatta National Hospital at Sh3.5 billion and Kenya Power Sh3.4 billion.

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