De La Rue
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Banknote printer De La Rue’s additional Sh258m pain in Kenya exit

De La Rue printing centre in Ruaraka, Nairobi. The global firm in January 2023 suspended banknote printing operations in the country owing to low demand.

Photo credit: File | Nation Media Group

What you need to know:

  • De La Rue has been printing notes for Kenya through the local joint venture that is 40 per cent owned by the Kenyan government.
  • The firm decided to suspend its notes printing line and cheques business after CBK said no more orders would be coming for at least 12 months.