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What will be the primary reason for De La Rue's exit by December 31, 2024?
2
Resolution / Starting Odds
Contractual disagreements • 25%
Operational inefficiencies • 25%
Financial issues • 25%
Other • 25%
Official statements from De La Rue or CBK, and credible news sources
Story
Kenya Signs KES 14B Contract with Giesecke+Devrient for New Banknotes
Aug 21, 2024, 01:15 PM
Kenya is set to spend KES 14 billion to replace worn-out banknotes after signing a five-year contract with German currency printer Giesecke+Devrient. Central Bank of Kenya (CBK) Governor Kamau Thugge explained that the decision was made following the exit of De La Rue, which posed a risk of a banknote stock-out. The CBK used a classified procurement process to secure the contract, which is valued at $109.4 million, to avert the potential crisis.
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Regulatory concerns • 25%
Public opposition • 25%
Financial instability • 25%
Other • 25%
Handling of Israel-Hamas protests • 25%
Personal reasons • 25%
Health issues • 25%
Other • 25%
Financial Viability • 25%
Public Pressure • 25%
Operational Efficiency • 25%
Other • 25%
Corruption Scandal • 25%
Political Pressure • 25%
Personal Reasons • 25%
Health Issues • 25%
Change in pricing structure • 25%
Introduction of new services • 25%
Restructuring of operations • 25%
Other • 25%
Job security • 25%
Service quality • 25%
Foreign ownership • 25%
Other • 25%
Technical issues • 25%
Financial constraints • 25%
Political pressure • 25%
Other reasons • 25%
Yes • 50%
No • 50%
Mutualisation • 25%
Privatisation • 25%
Remain State-Owned • 25%
Other • 25%
