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Kenya Airways: Cash rich foreign investor wanted
The principal secretary nominee of the National treasury has proposed the sale of the national airline Kenya Airways to a ‘cash-rich foreign investor’ in a bid to return the carrier to profitability. Speaking at a Departmental Committee on Finance and Planning on November 14, 2022, Kiptoo said that a strategic investor with a solid financial position would inject capital and offer management expertise in the next step of restructuring for Kenya Airways. “It is time…
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