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Ex-State House man Murage leads Sh13bn bid to buy RVR

Mr Stanley Murage (left) and Qalaa head of transportation Karim Sadek. PHOTOS | FILE

Former State House operative Stanley Murage is leading a consortium of investors who are negotiating to acquire an 80 per cent stake in troubled Rift Valley Railways (RVR) for Sh13.3 billion.

The stake, which is currently held by Cairo-based Qalaa Holding, has been on sale since mid-last year when prospective buyers were invited to place bids.

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