De La Rue parent firm now casts doubts on its survival

The Kenyan government acquired the minority stake in De La Rue’s local subsidiary. FILE PHOTO | NMG

De La Rue Plc, the parent company of Kenya’s currency printer, is facing financial difficulties in what has seen it warn investors that it may not survive in the near future.

The UK firm operates locally though its subsidiary De La Rue Kenya EPZ Limited in which the Kenyan government acquired a 40 percent stake in April for £5 million (Sh658 million).

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