Herald Aloo, a journalist based in Nairobi, covers Kenya's economy, focusing on banking, and energy.
Airline posts its first profit in a decade, backed by a government debt takeover.
Retail investors regain exit option as strategic investor search continues.
Nairobi, Kenya – Kenya Airways (KQ) shares resumed trading on the Nairobi Securities Exchange (NSE) today, ending a four-year suspension imposed in July 2020 due to the Covid-19 pandemic and sustained losses. The airline’s return follows a remarkable turnaround, achieving a net profit of Ksh513 million ($3.97 million) by June 2024—its first profit in a decade.
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