Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books
No Result
View All Result
  • Login
Potentash
No Result
View All Result

Business: De La Rue Kenyan Expansion Plans To Strengthen Operations

Wayne Matengo by Wayne Matengo
31 January 2018
in Business, Business Finance, News
Reading Time: 2 mins read
10 0
0
12
SHARES
66
VIEWS
FacebookTwitterWhatsApp

The multinational banknote manufacturer, De La Rue, is currently investing Kshs 286 million in the expansion of its site in Kenya to strengthen and underpin its local operations. This move is part of a long-term investment of Kshs. 1.4bn to upgrade the site to become a regional hub for East Africa and the wider continent and a Global Centre of Excellence for De La Rue. This comes barely two weeks after the High Court suspended the decision of the Public Procurement Administrative Review Board (PPARB) instruction to the Central Bank of Kenya to evaluate the award of a currency contract.

De La Rue’s Marketing Director, Robin Mackenzie says the huge investment in the expansion of the site will standardise the firm’s global manufacturing footprint and increase its overall flexibility and capability. This has the potential to create more jobs and enhances Kenya’s high tech export capability.

The company contributes Kshs. 1.25 billion to the local economy each year through its 300 Kenyan employees and the extended indirect workforce of around 3000 in the broader supply chain.

Amongst other new capabilities, the upgrade includes the installation of a state of the art Komori Varnish Press and an increase in the overall factory size. Mackenzie says the Varnish Press will enhance DLR Kenya’s service offering and its technical capability to meet the increasing market demand for more durable varnished banknotes.

The state of the art new destruction system is being installed at a cost of Ksh51.2million (US$512,000) and will allow De La Rue to securely manage end of life note destruction and disposal in accordance with its world-class ISO 14298 and DIN66399 certifications.

It will also enable the firm to offer a complete one-stop shop service to existing and potential customers, from design to destruction, in a highly secure environment and manage end of life note destruction and disposal for any banknote securely.

“The end waste product from the system is used as part of the De La Rue Kenya corporate social responsibility to the local community,” he says.

The Ksh28.7million (US$287,000) state of the art air-lock loading bay will also ensure the firm continues to meet its commitment to ISO 14298 and its Intergraf accreditation requirements. Its design and construction is being undertaken by local Kenyan companies and is due to be completed next month.

Share5Tweet3SendShare1Pin1
Previous Post

A Survival Guide For Meeting The In-Laws For The First Time

Next Post

Environment: 5 Cities And Countries We Should Emulate In Waste Management

Wayne Matengo

Wayne Matengo

I’m just a simple guy swimming in a sea of sharks.

Next Post
Are We A Cleaner Eco-Friendly Nation After The #PlasticBan?

Environment: 5 Cities And Countries We Should Emulate In Waste Management

Please login to join discussion

Recommended

Lonely Eyes - Book Cover

Long Reads: She Was Finally In A Relationship With The Man Of Her Dreams… But He Was Not The Man She Had Thought He Was

31 December 2023
163
Technology: The Tecno Spark 4 Is Now Available In Kenya

Technology: The Tecno Spark 4 Is Now Available In Kenya

24 October 2019
863

Popular Stories

  • Black man holding umbrella over him and woman

    Enemies To Lovers: A Storm Made Her Seek Shelter At The Neighbour’s House She Hated

    318 shares
    Share 127 Tweet 79
  • They Had A Bad Breakup. When They Met 3 Years Later, She Was In A Jail Cell

    291 shares
    Share 116 Tweet 73
  • The Singlehood Series: I Messed Up By Cheating On The Love Of My Life, And 2 Years Later I Am Still Regretting That Decision 

    301 shares
    Share 120 Tweet 75
  • Kenyan Musician J. S. Ondara Nominated For A Grammy Award For His Album Tales Of America

    23 shares
    Share 9 Tweet 6
  • Safaricom Launches Investment Opportunity – Here’s Everything You Need To Know About Ziidi Money Market Fund

    29 shares
    Share 12 Tweet 7

Potentash Blog

Potentash is an award-winning lifestyle blog. We publish lifestyle content that intersects with health, women, beauty, travel, business, relationships, finances and entertainment.

Explore

  • The Singlehood Series
  • From Stairs To Ramps
  • Man Around Nairobi
  • Pearls And Heels
  • Personal Finance
  • Food + Beverage
  • Editor’s Pick
  • Reviews

Get the Potentash Newsletter

  • Newsletter Archive
  • Subscribe
  • Frequently Asked Questions
  • Privacy Policy
  • Contact Us

Copyright © 2023. Potentash, In Partnership with Decima

Welcome Back!

Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
No Result
View All Result
  • Relationships
    • The Singlehood Series
    • Dating
    • Sex
    • Parenting
  • Lifestyle
    • Home
    • Food + Beverage
    • Fashion
    • Interviews
  • Stories
    • The Singlehood Series
    • Fiction
    • Poetry
  • Skin + Beauty
    • Skin
      • Skincare
    • Hair
      • Haircare
  • Wellness
    • Physical Health
    • Emotional Wellness
    • Mental Wellness
    • Social Wellness
    • Spiritual Wellness
  • Business
    • Business Finance
    • Personal Finance
    • Entrepreneurship
    • Investments
    • Personal Investments
  • Entertainment
    • Internet
    • Events
    • Music
    • Books

Copyright © 2023. Potentash, In Partnership with Decima