Not so fast, Uganda tells Kenya over decision to end RVR concession
Emerging Capital Partners has reached an agreement with Qalaa Holdings to acquire the latter’s 73.76pc stake in Rift Valley Railways. PHOTO|FILE
Uganda has differed with Kenya over the decision to terminate the management of their joint railway by Qalaa Holdings of Egypt, saying there are better alternatives to addressing the dispute on concession fee arrears.
Uganda Railways Corporation managing director Charles Kateba said the Rift Valley Railways (RVR) concession “still stands” because “there are other options,” though URC had “no clear decision at the moment.”
