Kenya Airways shares suspended for a year by Nairobi Securities Exchange

Kenya Airways troubles continue in new year as the Nairobi Securities Exchange has suspended the trading in Kenya Airways shares for another year. The airline’s shares have been suspended since July 2020 as the COVID-19 pandemic disrupted air travel across the globe. “The extension of suspension seeks to enable the company [to] complete its operational and corporate restructure process,” the Nairobi Securities Exchange said in a statement. Just last month the Government of Kenya agreed to sell its entire stake in the airline that has been in losses for years. The Kenyan Government owns 48.9% stake in Kenya Airways while