This archive report was first published on 15 November 2019.
Published on November 15, 2019, Kenya Airways has protested the slow pace of the nationalisation programme, warning it could plunge into more debt if not completed within six months.
Kenya Airways Board Chairman Michael Joseph expressed the airline's frustrations to a parliamentary committee, stating that since the National Assembly directed the nationalisation in July, little had been done to implement the programme.
Joseph complained that the lack of a clear roadmap and set timelines for the programme has put the airline at risk of plunging into more debt. He told the National Assembly's Transport Committee that while the airline had worked out its plans and engaged financial and legal advisers, 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 to handle the specific elements of the process.
She revealed that the committees have 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.
