Kenyan central bank gets green light on banknotes from court

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Kenya’s Court of Appeals ruled in favour of the country’s central bank this month, following a challenging banknote tender process, which saw contracts nullified.

“The decision, taken together with the previous high court decision, confirms there was no proof of collusion between the [Central Bank of Kenya] and the successful bidder, De La Rue,” the central bank says in a statement.

The CBK has now been given the all-clear to continue with plans to launch a new currency series in conjunction

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