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SA firm to invest in Kenya's 'Iron Snake'

A South African-led consortium will invest $29-million (R178-million) in the 106-year-old Kenya-Uganda Railway by June next year to revitalise operations on the decrepit track. The Kenyan and Ugandan governments handed over the money-losing colonial-era railway to Rift Valley Railways Consortium under a 25-year concession last year.

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