Inside KQ, CMA fight over trade in the airline’s shares

A combo photo of Kenya Airways CEO Allan Kilavuka (left) and Capital Markets Authority chief executive Wycliffe Shamiah.

Photo credit: File | Nation Media Group

When Kenya Airways first applied for its shares to be suspended from trading, it was envisaged that it would be for a period of three months effective from July 3, 2020.

The airline said at the time that the main reason for the decision was to close the shares register to determine who was eligible to be bought out by the government.

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