This archive report was first published on 15 November 2019.
Published on November 15, 2019, Kenya Airways has protested the slow pace of nationalisation by the government, warning it could fly into more turbulence within six months if the programme is not completed.
Kenya Airways Board Chairman Michael Joseph expressed their frustrations at how the Ministry of Transport was handling the recommended programme, stating that since the National Assembly directed the nationalisation in July, little had been done, throwing their restructuring plans into disarray.
Joseph told the National Assembly's Transport Committee that while they had worked out their plans and engaged both financial and legal advisers on the nationalisation programme, there was little that had been done by the government to actualise the plan.
“Our frustrations and impatience is that about six months later, we have no timelines on when the process should end. We are not even sure if it will go to conclusion,” said Joseph.
However, Transport Principal Secretary Esther Koimett defended the ministry, stating that since parliament's move, they had formed steering and technical committees that are now handling the specific elements of the process.
She revealed that the committees have since prepared a memorandum to be presented to Cabinet and sought advisory opinion of the Attorney General, who addressed the aspects that need to be taken care of in the process.
