Kenya Airways (KQ), the national carrier, has projected a forex loss of Ksh. 32 billion for the year ending 2023 due to the depreciation of the Kenyan shilling against the US dollar.  The airline’s CEO, Allan Kilavuka, informed the National Assembly Transport Committee that if the shilling trades at Ksh 151 against the US dollar, … Continue reading Kenya Airways Forecasts Ksh 32Bn Massive Forex Losses in FY23