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RVR signs compensation deal for losses linked to new railway
Mr Karim Sadek, the managing director at Qalaa Holdings, the parent company of Rift Valley Railways. PHOTO | SALATON NJAU
Rift Valley Railways (RVR) has signed a deal that will see firm receive compensation for loss of business arising from the new multi-billion shilling rail linking Mombasa to Nairobi.
Officials of Qalaa Holdings, the RVR parent company, said a provision for compensation was included in line with 25-year exclusive contract offered to the firm to operate the Kenya-Uganda railway line.
