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10 August 2020 The on-line newspaper devoted to the world of transports 04:47 GMT+2

March 21, 2000

Railways to be privatised in 2001

By Washington Akumu

The privatisation of the troubled Kenya Railways Corporation will start early next year, the firm's new managing director said yesterday.

Mr Douglas Noah Odette said the process will last two years and will involve the sale of a 60 per cent state share to a strategic partner.

The rest of the stake will be reserved for the public, he said. ......
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