December 29, 2014 12:53 AM ET

Road and Rail

Company Overview of Rift Valley Railways (Kenya & Uganda) Ltd.

Company Overview

Rift Valley Railways (Kenya & Uganda) Ltd. provides rail and marine transport services in Kenya and Uganda. The company operates a track network that links the shores of the Indian Ocean to the agriculturally Hinterland of the Kenya Highlands and into Kampala, Uganda on the shores of Lake Victoria through a concession agreement. It hauls bulk material, intermodal containers, general freight, or specialized freight in purpose-designed cars; and operates flat wagons for containerized cargo, covered wagons for conventional cargo, tallow tank bogies for vegetable oil, and white/black tanks for white and black oils. The company’s services also include long-distance passenger transportation, commu...

Moi Avenue

P.O. Box 62502

Nairobi,  00200

Kenya

Founded in 2005

Phone:

254 20 2044476

Fax:

254 20 202214037

Key Executives for Rift Valley Railways (Kenya & Uganda) Ltd.

Chief Executive Officer
Chief Financial Officer
Chief Operations Officer
Executive Vice-Chairman
Age: 62
Company Secretary and Legal Counsel
Compensation as of Fiscal Year 2014.

Rift Valley Railways (Kenya & Uganda) Ltd. Key Developments

Rift Valley Railways Appoints Titus Naikuni as Chairman of Board of Director, Effective from November

Retiring Kenya Airways CEO Titus Naikuni has been appointed chairman of Rift Valley Railways' board of directors with effect from November. Naikuni will head a board that has been reconstituted following recent shareholder restructuring at the company that holds a concession to operate freight transportation services on the Kenya-Uganda railway.

Rift Valley Railways to Double Fleet by Mid 2014

Rift Valley Railways planed to double its fleet capacity by June 2014. Operator will in April receive the first batch of 20 locomotives that will double fleet by the middle of this year. It will in the first quarter of this year be commissioning two high capacity track maintenance machines that accelerate the speed of line maintenance and automate the process. The company plans to install a modern train operating system which enables the operator to pinpoint the location of trains from its control rooms using GPS technology and satellites. This enables the company to get much more accurate information about the location of cargo.

Similar Private Companies By Industry

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Rift Valley Railways (Kenya & Uganda) Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 2, 2014
--
Merger/Acquisition
April 1, 2014
--
 

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