Kenya Airways Stays Off NSE As Government Hunts for Buyer

Kampala, Uganda — Kenya Airways shares have been suspended from trading for an additional year from 5 January, according to a statement from the Nairobi Stock Exchange.

The airline was first taken off the stock exchange in 2020 following the government’s plans to take full ownership of the carrier as the Covid-19 pandemic decimated the global aviation industry. But the shares will stay off the market pending a restructuring which the government now hopes will lead to a sale to private…