Ericsson wrote:RIEK01 wrote:Ericsson wrote:Nationalization to kick off on December 20th
Source?
Citizen news yesterday
https://www.businessdail...49562-5wj445/index.html
The Treasury has announced plans to buy out Air France-KLM, local banks and more than 80, 000 individual shareholders from Kenya Airways and delist the national carrier from the Nairobi Securities Exchange (NSE)
Transport Principal Secretary Esther Koimett told Parliament on Thursday that the buyout plan comes after the House voted in July to nationalise Kenya Airways to save it from mounting debts.
The Transport ministry is working with the International Finance Corporation (IFC) to hire a technical expert to conduct a fresh valuation and buying price.
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope