Treasury prepares to bailout for Kenya Power, KQ

kq, kenya airways, national aviation management bill
[Image source: Airline Geeks | Tom Pallini]


Nation | by Constant Munda


The Treasury has agreed to inject cash into Kenya Power and Kenya Airways in the financial year starting July 2022, citing the role of the two struggling firms in supporting economic recovery from Covid knocks.

No bailout was allocated to the two firms in the current financial year, raising concerns their…

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