The much anticipated rights issue might not be held this year.
The company has to wait for go-ahead from GOK/Treasury before proceeding.
GOK is also now cash strapped/broke so they will have to wait for GOK to get the money needed for defending their stake.
Similar fate that has befallen NBK and Uchumi where GOK have significant stakes.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle