Saturday, 16 August 2008

Kamanga ferry to increase fares

From East African BUSINESS WEEK, Nairobi, Kenya
Written by DANIEL SAID

DAR ES SALAAM, TANZANIA– Kamanga Ferry Limited (KFL) has lodged an application to the Surface and Marine Transport Regulatory Authority (SUMATRA).

KFL says it is seeking to increase passenger fares by 22.5% and cargo charges by 30% on average on their Kamanga to Mwanza ferry route on Lake Victoria.

According to KFL’s submission, the proposed increase is attributed to the increase in diesel prices, manning level and sectoral salary adjustment as per government directives from January, 2008 and the depreciation of the Tanzanian shilling against strong currencies such as the EURO.

Read full story in East African Business Week.

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