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Market
Will there be public backlash or controversy over new banknotes by June 30, 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from credible news sources or public opinion polls
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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£5 note • 25%
£10 note • 25%
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