Kenya Airways Re-bounce

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Will Kenya Airways (KQ) Re-bounce?

The Kenya government shareholding at KQ has jumped from 29.8% to 48.9% due to increased investment in the airline.

The Cabinet Secretary for finance, through his twitter account indicated that the government is not interested in taking over the airline and hence “made an application to Capital Markets Authority to be exempted from take-over and merger rules.”

National Treasury CS believes that government investment in KQ is to boost investor Confidence
National Treasury CS believes that government investment in KQ is to boost investor Confidence

 

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Editor-in-Chief

Geoffrey Kerosi, the Editor-in-Chief at Kerosi Dotcom. He is an economist, activist and blogger. His passion lies in story telling through digital media and film-making. No one he works for is responsible for the content produced and shared on this blog. Therefore, these are his own opinions and analyses.

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