STUDY SHOWS SGR FREIGHT SERVICE KILLING MOMBASA ECONOMY.
By Philip Ouma. IMAGE; businessdailyafrica.com . Despite that the Standard Gauge Railway [SGR] is a worthwhile project expected to bring in numerous socio- economic benefits and grow the country's GDP by 1.5%, it is a two faced sword with viable demerits.Recently, a study by the University of Nairobi ( UoN) revealed that more than 60 percent of the employees working at the Container Freight Stations ( CFSs) were sacked over the same period. The study further revealed that the coastal county is at ''economic decay point with CFSs,Long-distance trucks and transport related businesses such as fueling and service stations are mostly affected. Presenting the assessment report on the socio-economic impact of the operationalisation of the Standard Gauge Railway(SGR) , UoN acting Vice Chancellor; Prof. Julius Ogeng'o, said the study shows that the project has more negative effects on the economy of coastal people than good.The report, indicated that; a total of 29...