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Kenya Airways Re-bounce

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Will Kenya Airways (KQ) Re-bounce?

The Kenya government shareholding at Kenya Airways 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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