Shocking details of mysterious owners of Kenya’s SGR firm

Chillah

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wapinzani wa Tz huwa na matatizo ya akili..Utawaona wakishabikia mikataba kama bagamoyo na kuimbia pambio makampuni mijizi kama Accacia..Yaani JPM amewatoa pumzi hawana la kumkejeli nalo ila hoja za hisia hisia tu
Hili ni tatizo kuu la waswahili hawajui nini wana itaji... Wana penda kuona mwingine akiaribikiwa tu na sio akifanikiwa
 
Chillah

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Kenya wanaishi maisha yetu ya enzi zile. Sisi na Dkt Magufuli wetu tunapeta. Enzi zile hata mikataba ilikuwa “SIRI” ila sasa tumefahamishwa Bagamoyo ilikuwa aga moyo kwelikweli maana mchina angechukua moyo wetu kwa vizazi kibao
🤣🤣🤣 hii china ilikuwa babu kubwa yani angepiga SGR Kenya na Bagamoyo na Umeme Zambia...! Mwisho wasiku tuna letewa askari toka china...
 
smarte_r

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kennedy0000

MK254
huyo kikuyu MK254 huwezi kuona akitoa kuauli kwenye thread kama hii.

kazi yake kubwa hapa jf ni kuanzisha topic inayoonyesha mkenya mmoja ameshinda shindano fulani europe au USA.

thread zinazohusu masuala mazito yanayogusa wakenya wengi masikini hajihusishi nazo.
 
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Yani watu private wanaweza ifikisha SGR Km zaidi ya 600 wakati Serikali yet ya Magu hata hatujui tumekwamia wapi na "pesa zetu za ndani" . Hongera Nyang'aus kwa kuwa wanaitumia kusafiri abiria na mizigo ilhali Hii yetu hata chembe la mchanga haijabeba miaka mitatu toka kwanzishwa kwake...mara 30%, mara 52% Tena kidogo kidogo 40% ni Kama inaundwa ikibomolewa. Wabongo tuna shida kubwa Tena ya akili.
 
Chillah

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huyo kikuyu MK254 huwezi kuona akitoa kuauli kwenye thread kama hii.

kazi yake kubwa hapa jf ni kuanzisha topic inayoonyesha mkenya mmoja ameshinda shindano fulani europe au USA.

thread zinazohusu masuala mazito yanayogusa wakenya wengi masikini hajihusishi nazo.
Atakuwa Ana matatizo ya kichwa
 
mwaswast

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mwaswast

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i'm 100% sure name like kenyatta family and the likes can never be missed in the list of the unknown local shareholders.

that family is very corrupt and greed.
Bora tuwasaidie asee maana wameingia mkataba wa kuuza parachichi na za kwao ni kidogo wananunua tz na Uganda ngoja tuwalegezee wasije wakashindwa kulipa hata wafanyakaz mishahara
Bro yakwangu haya hapa.
#maparachichi4sgr

View attachment 1124584
Kenya wanaishi maisha yetu ya enzi zile. Sisi na Dkt Magufuli wetu tunapeta. Enzi zile hata mikataba ilikuwa “SIRI” ila sasa tumefahamishwa Bagamoyo ilikuwa aga moyo kwelikweli maana mchina angechukua moyo wetu kwa vizazi kibao
Hawa sasa watakuwa ni waroho walio pitiliza...
😂😂😂😂😂😂😂😂😂😂😂😂😂
 
K

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Shocking details of mysterious owners of Kenya’s SGR
June 2019
Kenya signed a secret agreement with the Chinese allowing a mystery company with unknown local shareholders to run the Standard Gauge Railway, documents seen by the Sunday Nation show

IN SUMMARY


· The company, Africa Star Railway Operation Company Ltd, is majority-owned by CRBC, but the other shareholders remain a mystery with details unavailable at the Registrar of Companies.
· In the first six months of operation, the operator was to earn Sh13.3 billion for the passenger service trains, even as the service was being marketed and travellers yet to get familiar with it.
· The fixed service monthly payment is for running two pairs of passenger trains, one pair of cargo trains and another pair of empty container trains between Nairobi and Mombasa.


Kenya signed a secret agreement with the Chinese allowing a mystery company with unknown local shareholders to run the Standard Gauge Railway, documents seen by the Sunday Nation show.
Publicly, China Road and Bridge Corporation (CRBC), a State-owned Chinese company with Kenyan offices, will run the trains for 10 years, but a “special purpose operating company” was formed in May 2017 to run the operations.
PUNITIVE CLAUSE
The company, Africa Star Railway Operation Company Ltd, is majority-owned by CRBC, but the other shareholders remain a mystery with details unavailable at the Registrar of Companies in Nairobi.
And it’s a lucrative, lopsided deal for the operator. Last month, the operator sent Kenya Railways a fee note of Sh30 billion, which it claims are pending payments. Sh800 million out of it is made up of penalties for late payments, according to papers seen by the Sunday Nation

The contract frees the operator of all liabilities and forces Kenya Railways to pay a fixed monthly service charge – which must be paid quarterly and in advance, the documents show.
Before the operations started, documents show, Kenya was compelled to lend the operator an interest free Sh3.5 billion, according to the documents. A special reserve account was also set up to be maintained with Sh3 billion to cushion the operator. The contract also put punitive clauses pushing Kenya to start operating the railway by June 1, 2017. Any delay in starting the line would attract a fine of Sh24.2 million a day, the contract shows.
In the first six months of operation, the operator was to earn Sh13.3 billion for the passenger service trains, even as the service was being marketed and travellers yet to get familiar with it. The fixed service monthly payment is for running two pairs of passenger trains, one pair of cargo trains and another pair of empty container trains between Nairobi and Mombasa. If more trains come into service, the cost goes up, the contract shows.
“KR (Kenya Railways) acknowledges that the Operator intends to create, no later than twelve (12) months after the execution date, a special purpose operating company incorporated under the laws of Kenya to act as the operator under this agreement,” says the contract.
While the Sunday Nation has seen the SGR operations and maintenance deal signed between CRBC and Kenya Railways Corporation (KRC), a separate document detailing the operations allowing Africa Star to take over the operations is said to have been taken away by lawyers.
SECRECY SECURE
Sources at the Transport ministry, who asked not to be named for fear of retribution, said the secret contract was signed at White Sands Hotel in Mombasa in the presence of a handful of officials hours before President Uhuru Kenyatta launched the Madaraka Express Mombasa-Nairobi train on May 31, 2017. KRC was represented by Mr Atanas Maina, who has since been suspended over corruption charges.
The contract stops KRC from publishing any information provided to it by the operator, and indicates that a copy has to be submitted to CRBC for approval — except in circumstances where such publication is required by law.
“KR and the operator shall keep confidential and shall not disclose to any third party any documents, data, or other information furnished directly by the other party hereto in connection with the Agreement or in connection with the business or commercial operations of the parties whether such information has been furnished prior to, during or following completion or termination of the agreement,” reads Clause 39 of the contract. The secrecy is legally bound to be kept even after the agreement expires.
The Sunday Nation contacted both Kenya Railways and the Transport ministry for responses to questions on the contract and to give officials a chance to explain what is essentially a complex document governing the most expensive infrastructure project in the country’s history.
Transport Cabinet Secretary James Macharia, contacted on Thursday, referred the Sunday Nation to the contracting parties – Kenyan Railways and the Chinese. KRC and CRBC were unresponsive despite several e-mail and phone reminders. Efforts to get a comment from the ministry and the two agencies will continue, after the publication of this report is fully explained in balanced way.
One of those lingering questions is why a new company was required to operate the SGR while the CRBC, which signed the deal, already has a local branch. Africa Star did not respond to our queries over its role and ownership even as records search yielded nothing.
CONTROL VARIES
The operations and maintenance contract is the latest secret SGR document to be revealed by the Sunday Nation following our expose on the Mombasa-Nairobi line loan agreement that, among other things, waived Kenya’s sovereignty over strategic assets upon failure to service the more than Sh400 billion debt.
A website associated with Africa Star, but which provides few details, indicated they are “mainly engaged in railway passenger transport and freight services”. Africa Star’s offices are at the Syokimau Railway Station and while the Sunday Nation did not access them, Kenya Railways sources claimed that all the firm’s staff are Chinese and access is restricted by tight security.
Another issue that officials will need to clear up is why the Chinese operator is freed of all liability as well as how the billions of shillings paid in management fees represent value for money.
The contract makes operations almost risk free for the operator. Even network expansion, additional services and change in law that affects the operator adds to the bill, according to the contract.
Although the fees is supposed to be “fixed”, certain factors which are beyond Kenya’s control can vary the cost. These include the price of lubricants and fuel, metal and equipment in China.
“The Fixed Services Payment, which shall … be payable notwithstanding the occurrence of any relief event, force majeure event or compensation event,” the contract says in Clause 26.5.1. Simply put, even if the SGR doesn’t operate, payments to the operator will remain.
The loading and offloading fees are also charged despite the Chinese operator having bought and installed dysfunctional cranes at the port of Mombasa.
All these are demanded even as the same contract limits the maximum number of trains to be run on the line. The line which generates far less than half its costs every month has gobbled about Sh1.8 billion every month in the 16 months it has operated even as its contentious revenues remain less than Sh6 billion in a year.
RIGGED SYSTEM
KRC, in a May 14, 2019 letter, protested the Sh30 billion bill sent by CRBC, disputing the amount charged on the use of VIP trains.
“The Operator has charged for two VIP trains in the 4th quarter. KRC is of the opinion that the two VIP trains operated as E2&E1 do not qualify for Variable Services Payment charges. Using VIP coaches on normal train operations does not necessarily translate to a VIP train service. We recommend that the operator withdraws the payment request and revise appropriately,” the corporation wrote.
Under the confidential contract, the operator has the right to manage the ticketing system and any associated software and hardware.
The operator also collects passenger fares, including non-cash revenues like M-Pesa.
Last November, the Sunday Nation revealed a ticketing scam where the Chinese railway operators were suspected to have rigged the system. There have been no reports on the investigation.
Another curious clause in the Sunday Nation analysis is that the operator can only foot repair bills of less that Sh100,000 in what has left KRC badly exposed to paying for maintenance fees that are expected to pile in the coming years. Expenses to maintain the line are also not supposed to go beyond Sh5 million per year.
Further, the operator cannot be held responsible for any legal claims from third parties involving damage to property, death, illness or personal injury.
“The operator (Africa Star) shall be relieved from all rights and obligations under this agreement. CRBC shall provide parent company guarantee of the obligations of the operating company under this Agreement,” it reads.
WAIVE SOVEREIGNTY
Furthermore, the operator was only required to give a performance bond of Sh600 million
KRC also signed to allow a smooth processing of work permits for Chinese nationals to work in the running of the train including accepting the Chinese professional qualification just like their Kenyan counterparts and facilitating ease of moving train parts for repair in China and importing train parts into the country without paying any tax.
The contract further empowers the Chinese operator with a “non-exclusive license to use, copy, modify any intellectual property KR has”.
Terminating the agreement is also made an equally costly affair with KRC required to pay for transport of equipment and staff back to China after clearing any outstanding obligations owed to the operator.
Also, just like the financing deal for SGR, Kenya agreed to waive any sovereignty or any immunity on KRC and its assets whenever there is a dispute.
In what appears like a major step though, the operation contract unlike the financing agreement, allows for arbitration of disputes to be made by a neutral party.
The language of arbitration is also set as English and the place for hearing the arbitration allowed to be in Nairobi.
With ongoing wearing of the used locomotives purchased in 2017 to run the line, increasing cost of operations and the limitation of the line capacity at 16 trains per day, SGR’s trip to profitability may be a steep slope based on the conditions of the operations contract.
This secret contract is similar to that of Mtwara natural gas, Mtwara - Dsm Gas pipeline and development of Bagamoyo Ports by China and Oman!! What a shame. We are ready to temporarily second President Dr J P J Magufuli for a period of just 6 months so long as your Senate and National Assembly concur!! Note that Dr Magufuli SHALL NOT abdicate his Tanzanian responsibility, we are ready to allow him manage the two nations!! Mbona mtu anakuwa na wake wawili! The same logic applies! hahahahaa!
 
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This secret contract is similar to that of Mtwara natural gas, Mtwara - Dsm Gas pipeline and development of Bagamoyo Ports by China and Oman!! What a shame. We are ready to temporarily second President Dr J P J Magufuli for a period of just 6 months so long as your Senate and National Assembly concur!! Note that Dr Magufuli SHALL NOT abdicate his Tanzanian responsibility, we are ready to allow him manage the two nations!! Mbona mtu anakuwa na wake wawili! The same logic applies! hahahahaa!
Hatutaki dikteta kichwa empty huku,hio kifua amezoea kupiga huku hatuwezi kamwe tambua,Kenya ni nchi ya wanaume kamili sio kama bongo ni nchi imejaa wanawake tupu
 
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Hatutaki dikteta kichwa empty huku,hio kifua amezoea kupiga huku hatuwezi kamwe tambua,Kenya ni nchi ya wanaume kamili sio kama bongo ni nchi imejaa wanawake tupu
Ahaaa haaa haaa
ninyi si mmezoea kuliwaaa!!
Endeleeni kujenga mirija (tentacles) wakati sisi tunakata mirija.
 
K

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K

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Lakini nini mbaya na CRBC kufungua special purpose company to concentrate on running Kenya SGR after getting contract to run for 5yrs?
According to registering details, hakuna Mkenya kwenye shareholders, all chinese but its registered in Kenya meaning it will pay taxes. Media says its bad that it has local shareholders but watu wengine watadema its bad because of no local shareholders , kwahivyo gani mbaya?
Kampuni zote zikingia nchi ingine wanaregister alocal company to comply with local policies. Acacia mining ina local shareholders?
Kenya media have let me down.. half truths and rumours mingi just to make people angry and buy newspapers
 
eliakeem

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Lakini nini mbaya na CRBC kufungua special purpose company to concentrate on running Kenya SGR after getting contract to run for 5yrs?
According to registering details, hakuna Mkenya kwenye shareholders, all chinese but its registered in Kenya meaning it will pay taxes. Media says its bad that it has local shareholders but watu wengine watadema its bad because of no local shareholders , kwahivyo gani mbaya?
Kampuni zote zikingia nchi ingine wanaregister alocal company to comply with local policies. Acacia mining ina local shareholders?
Kenya media have let me down.. half truths and rumours mingi just to make people angry and buy newspapers
Ahaaa haaa haaa
mbona unaongea hisia ZAKO na si UHALISIA?
waandishi wamefanya utafiti ndiyo MAANA wame publish hiyo story.
 
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Ahaaa haaa haaa
mbona unaongea hisia ZAKO na si UHALISIA?
waandishi wamefanya utafiti ndiyo MAANA wame publish hiyo story.
Wandishi wamefaya uhalisia bila proof ama evidence yeyote ya picha za hizo documents....hio yote ni upuuzi ya githeri media house
 

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