Kenya’s Capital Markets Authority has granted a year-long suspension of share trading in Kenya Airways to give the SkyTeam carrier more time to complete its restructuring.
The notice from the authority extends for 12 months the suspension in trading until 5 January 2023. Kenya Airways originally requested the suspension in the trading of its shares in the summer of 2020 as part of restructuring amid the Covid-19 pandemic.
Kenya Airways’ ongoing restructuring has included reducing its…