Nairobi Expressway losses widen to Sh1.8bn amid traffic surge

A view of a section of the Nairobi Expressway meandering through Museum Hill to Westlands.

Photo credit: File | Nation Media Group

The Nairobi Expressway operator reported a wider net loss of Sh1.84 billion in the six months to December, as revenues from the 67,298 vehicles that use the road daily failed to cover its debt and operational costs.

Treasury disclosures show motorists paid Sh7.16 billion in toll fees during the period against Sh9 billion in costs, including loan repayment, operations and maintenance expenses.

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Note: The results are not exact but very close to the actual.