De La Rue sheds 300 Nairobi jobs, fights Sh1bn KRA judgment

The De La Rue money printing facility in Nairobi. FILE PHOTO | AFP

Banknote printer De La Rue is releasing close to 300 employees following the freeze of Kenya operations on low business as the multinational firm prepares a fresh fight to overturn the Sh1.1 billion judgment in favour of the taxman.

The global firm, which prints notes for Kenya through the local joint venture that is 40 percent owned by the Kenyan government, will release the last lot of workers by March.

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