News - Africa
Kenya Lawmakers Want Rail Levy to Help Pay for China-Run Trains
AfricaLawmakers on Wednesday approved the plan to expand the use of the money, seen topping 28 billion shillings ($261 million) by June, to include operations and maintenance of the railway. That’s partly because an extension of the railroad was put on hold, halting new land acquisitions.
President Uhuru Kenyatta has to approve the amendment of the Railway Development Levy of as much as 2% on imports before it becomes law.
This article first appeared on www.bloomberg.com