×
The Standard e-Paper
Informed Minds Prefer The Standard
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenya Airways (KQ) failed to pay interest on a Sh25 billion loan drawn from the government to help it navigate Covid-19 disruptions, pointing to the debt distress for the national carrier.
The airline discloses in the latest annual report for the period to December 2021 that it failed to honour interest payment on the loan, which was issued in two tranches to save it from collapsing.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join