The Kenyan government settled a further chunk of guaranteed debt belonging to Kenya Airways (KQ, Nairobi Jomo Kenyatta) amounting to KES2.7 billion shillings (USD17.6 million) plus KES351.29 million (USD2.29 million) in interest during the three months to the end of September 2023, according to a report issued by the country’s Office of the Controller of Budget (OCOB).
The latest figures bring cumulative payments the National Treasury has made so far, after inheriting the burden from the national carrier, to KES13.35…
Source: ch aviation
Read more: Nairobi settles another .6mn of Kenya Airways’ debt