SGR revenue hits record Sh18bn as demand grows

Passengers board a Madaraka Express train at Nairobi Terminus to Mombasa.  

Photo credit: File | Nation Media Group

The Standard Gauge Railway (SGR) posted a 21.2 percent increase in revenue in the financial year to June 2023, driven by higher cargo haulage and passenger traffic.

Data from the Kenya Railways Corporation (KRC) shows SGR made a record Sh18.2 billion revenues during the period, marking a significant increase from Sh15.01 billion it earned in the previous year.

PAYE Tax Calculator

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