The Only Company That Prints Kenyan Money and It's Owner That You Need to Know (Photos)
Source https://youtu.be/kKbhg2lLVJA The question that majority of Kenyans always ask themselves is where their currency originate. Therefore in this article I will answer the question. To be begin with, Kenyan currency is printed in a company known as De La Rue in Nairobi, the company has also been responsible for producing valuable documents such as first national identity cards and most notable is printing and production of Kenyan notes.
(Photos) Inside Kenya's Money Making Firm De La Rue
By law, the Central Bank of Kenya is the only institution in the country that can issue currency. To successfully accomplish this mandate, the Central Bank ensures that it procures adequate and secure currency for distribution to meet the country's needs. The bank notes are printed in Nairobi by security printer De La Rue.
Where Kenya Money is Printed and Why The Government Cannot Produce Excess Money
De La Rue company is the one mandated with the role of printing Kenyan currency. Photo courtesy The company was founded by Thomas de la Rue.It's headquarters is situated in Basingstoke England.De rau is a printer used to print currencies. It also manufactures money counting machine which is used in counting money and also prints bank notes and deals with the security printing of passports and tax stamps.
Only Company In Kenya That Is Allowed To Print Genuine Money And Why
The company is called De La Rue. It is the only company in Kenya allowed to print genuine money in Kenya. The company is contracted by the Central Bank of Kenya to print genuine notes and coins when need arises. It has special machine, which are certified.