RVR gets 30 days to save its 25-year railway contract

Locomotive engines at an RVR yard in Mombasa in September 2014. FILE photo | nmg

Rift Valley Railways (RVR), the company that runs the century-old Kenya-Uganda railway, has moved to court in a last-minute effort to stop the concession manager, Kenya Railways Corporation (KRC), from terminating its 25-year contract.

RVR is seeking to revoke a notice of termination that Kenya Railways sent it seeking payment of $26.806 million (Ksh2.7 billion) concession fees, rent and damages for life expired assets on or before June 29.