Kenyan Wall Street | by Mwakaneno Gakweli
The Nairobi Securities Exchange has extended the suspension from trading Kenya Airways shares for another six months. The airline is preparing for a government buyout.
A statement from the bourse attributes the extension to Kenya Airways’ corporate restructuring, which is still ongoing.
“Notice is hereby given on the extension of suspension from trading of Kenya Airways PLC shares. The company is yet to finalize on its operational and corporate restructure for the eventual Government buyout…
