The country’s local stock exchange relayed recently that the national carrier’s shares have been suspended for another year as a result of the airline’s inability to break even.
The national carrier of Kenya, Kenya Airways, has blatantly been unable to recover from the Covid-19 shockwave.
“The extension of suspension seeks to enable the company [to] complete its operational and corporate restructure process,” the Nairobi Securities Exchange disclosed via an official statement.
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