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The entrance to some of Kenya Airways’ offices in Embakasi, Nairobi. [Boniface Okendo, Standard]
Treasury has allocated cash-strapped Kenya Airways Sh36.6 billion to help with its reorganisation. In the Budget for the upcoming 2022-23 financial year, KQ will get the money as part of government’s strategic investments in public enterprises. This brings the total amount of capital injected into the troubled airline by the state to Sh63.2 billion after it was awarded Sh26.6 billion in the current financial year ending June.
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