Kenya Airways’ Shares Suspended Thrice for 12-Months

Nairobi — The Capital Markets Authority (CMA) has extended suspension of the Kenya Airways’ (KQ’s) shares for additional 12-months to enable the firm complete operational and restructure process.

The suspension was approved by CMA pursuant to section 11(3)(w) of the Capital Markets Act and regulation 22 of the Capital Markets (Securities) (Public Offers, Listings and Disclosures) Regulations, 2002.

The suspension means the National Carrier’s shares will not be traded at the NSE until 2024, when…