KQ’s Sh500m stuck in its foreign accounts

A Kenya Airways staff walks past the airline’s aircraft at the Jomo Kenyatta International Airport, Nairobi when national carrier resumed international flights on August 1. Airlines are still reeling from the impact of Covid-19 globally. [Elvis Ogina, Standard]

Kenya Airways (KQ) cannot repatriate over half a billion shillings trapped in foreign nations, mostly in Africa owing to restrictions in movement of foreign currency.