Legal framework for KQ takeover out by August

A Kenya Airways plane. FILE PHOTO | NMG

A legal framework for the nationalisation of Kenya Airways #ticker:KQ is set for discussion when Parliament resumes next week in what could change stakes for key shareholders that include a consortium of local banks and Royal Dutch Airlines.

Parliamentary Transport Committee has come up with the National Aviation Management Bill 2020 that seeks to guide implementation of its earlier report that recommended State’s takeover of the national carrier.

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