×
The Standard e-Paper
Join Thousands Daily
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.
Jamii Bora Bank has been saved from having to convert its loan in Kenya Airways (KQ) into equity, unlike 10 other lenders owed money by the national carrier.
This came as the Nairobi bourse pulled the plug on the airline’s Sh7.9 billion worth of shares to allow for restructuring. Before the suspension, KQ shares were trading at Sh5.3 at the close of trading on Tuesday with 758,100 shares traded.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join