Kenya Airways shares suspension extended for nine months

kq, kenya airways, national aviation management bill
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Business Daily | by Hellen Githaiga


The Capital Markets Authority (CMA) has extended a share trading freeze on national carrier Kenya Airways for another nine months as the airline prepares for the State takeover bid.

KQ shares were initially suspended from trading on the Nairobi Securities Exchange (NSE) in July last year after MPs began to review the law that will pave the way for the government to take back full control of the airline.

“The company is yet to finalize on its operational and corporate restructure for the eventual Government buy-out…

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kq, kenya airways, national aviation management bill


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