in Short
Kenya Airways : shares resume trading after five-year suspension
Kenya Airways shares resumed trading on the Nairobi Securities Exchange after nearly five years of suspension, following improved performance, including the airline’s first profit in ten years. While the shares rose by 10%, they later dropped by 9.9% to 3.45 shillings. This marks a renewed confidence in the airline, which is seeking a strategic investor to recapitalize and raise up to $1.5 billion to support its recovery.