The Capital Markets Authority (CMA) has extended a share trading freeze on Kenya Airways for another 12 months to enable the airline to complete its operational and corporate restructuring.
The national carrier has been restructuring its business since July 2020, when the shares were first suspended from trading, at a time when MPs began to review the law that would pave the way for the state to take back full control of the airline. The nationalisation plan has since been dropped.
