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Rift Valley Railways information


Rift Valley Railways
Company typePrivate consortium
IndustryTransportation
Founded2005; 19 years ago (2005)
Defunct2017 (2017)
HeadquartersNairobi, Kenya
Key people
Titus Naikuni[1]
Chairman
Carlos Andrade[2]
Group CEO
Bong Yoon
Chief Financial Officer
ServicesRailway systems
RevenueIncrease$84.2 million[3] (FY 2014)
Operating income
Decrease$11.3 million[3] (FY 2014)
Number of employees
2100 (2014)

Rift Valley Railways (RVR) was a consortium established to manage the parastatal railways of Kenya and Uganda. The consortium won the bid for private management of the century-old Uganda Railway in 2005. The Kenya-Uganda railway had previously been run by the East African Railways and Harbours Corporation over the period 1948–77. In 2014, RVR moved 1,334 million net tonne kilometers of rail freight, up from 1,185 million net tonne kilometers the previous year.[3] Both Kenya and Uganda terminated their contracts with RVR in mid-2017, with control of their national rail networks reverting to the Kenya Railways Corporation and the Uganda Railways Corporation, respectively.

  1. ^ Nation Reporter (11 August 2014). "Naikuni To Chair Rift Valley Railways Board". Business Daily Africa. Nairobi. Retrieved 11 August 2014.
  2. ^ "Group Chief Executive Officer". Rift Valley Railways Consortium. Archived from the original on 22 June 2013. Retrieved 4 June 2015.
  3. ^ a b c QH. "Qalaa Holdings Annual Report for Year Ending 31 December 2014" (PDF). Qalaa Holdings (QH). Retrieved 4 June 2015.

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