The Standard | by Macharia Kamau
The government is set to restructure loans advanced to the national carrier Kenya Airways, yet again.
This could further increase the State’s shareholding in the airline while diluting other shareholders, including the consortium of banks whose loans were converted into equity in 2017.
KQ is in the process of being renationalized, with the National Aviation Management Bill now in Parliament, expected to give direction on how the process will be undertaken once it becomes law…
